Agarapatana Plantations PLC
AGPL.N0000Plantations & Agriculture · Agricultural Commodities/Milling
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 7.3B | Rs 801.5M | 1.60 |
| 2024 | Rs 7.2B | Rs 465.0M | 1.00 |
| 2023 | Rs 8.6B | Rs 1.7B | 4.17 |
Recent dividends
- 2026 · first interimRs 0.50
- 2025 · second interimRs 0.50
- 2025 · first interimRs 1.00
About Agarapatana Plantations PLC
Agarapatana Plantations PLC is a Sri Lanka-based tea plantation company engaged in the cultivation, manufacture and sale of black tea. The company operates 20 high-grown tea estates, with 11 estates in the Agras Valley (Western High) in the Nuwara Eliya District and 9 estates in the Uva High category around Haputale in the Badulla District, and operates tea factories that process estate leaf and purchased leaf. The company’s activities include estate management, tea manufacturing and related plantation businesses; its manufactured assets also include timber plantations, factories and hydropower plants. APL has implemented mechanised harvesting, holds international sustainability certifications (including Rainforest Alliance and Carbon Footprint Certification across most gardens and factories), and is pursuing value-addition, renewable energy installations and an organic tea project at Udaveriya Estate. Lankem Tea and Rubber Plantations (Pvt) Ltd acts as the company’s managing agent and Lankem Developments PLC is the parent; the company acquired Waverly Power (Pvt) Ltd in 2022.
AI analysis
neutralAGPL slipped to a near break-even loss in the March quarter as gross margin fell to 2.1%, and the share now trades close to its 52-week low of LKR 14.00.
Read the full report (Jul 30, 2026) →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
Dividend · Rs 0.50 · XD Jan 12, 2026
First Interim dividend of LKR 0.5/share; XD 2026-01-12; record 2026-01-12; payable 2026-01-26; FY Ending 31st March, 2026
Agarapatana Plantations PLC is scaling mechanized tea harvesting—boosting plucking per worker by 50–60%, cutting plucking costs by ~Rs 50/kg (around a 20–25% reduction in operating costs) and targeting 30% acreage mechanized by end of next year. The company has invested ~Rs 75m in 451 machines and raised tech spend to Rs 200m in 2023/24, improving productivity, worker incomes and profitability.
Dividend · Rs 0.50 · XD Feb 27, 2025
Second Interim dividend of LKR 0.5/share; XD 2025-02-27; record 2025-02-27; payable 2025-03-07; FY Ending 31st March, 2025
Dividend · Rs 1.00 · XD Oct 21, 2024
First Interim dividend of LKR 1/share; XD 2024-10-21; record 2024-10-21; payable 2024-10-28; FY Ending 31st March, 2025
Plantations & Agriculture sector: what is happening
Last 30 days to Aug 4, 2026Tea saw mixed signals: the June national sales average fell to Rs 1,153.49, while June production rose 4% YoY but first-half output was hit by extreme weather and higher fertiliser costs. Exporters gained relief as the US labour-related tariff on Sri Lankan goods was cut to 10%. Meanwhile, new EU sustainability rules are driving compliance efforts, and plantations report organised theft of high-value crops hurting competitiveness.
The stories behind it
Auto-generated from 33 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.