Harischandra Mills PLC reported 1QFY27 PAT of LKR 91.8m, up 147% y/y, on revenue of LKR 1.9bn (up 31%) and expanded gross margin to 18%. Management attributed the result to easing raw material costs, volume growth and operational efficiencies; Food segment revenue rose 22% and segment operating profit was LKR 83.2m.
Harischandra Mills PLC
HARI.N0000Consumer & Retail · Food: Major Diversified
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 6.3B | Rs 253.1M | 131.83 |
| 2024 | Rs 6.3B | Rs 224.7M | 117.04 |
| 2023 | Rs 6.5B | Rs 90.2M | 46.99 |
| 2022 | Rs 4.6B | Rs 209.4M | 109.09 |
| 2021 | Rs 3.5B | Rs 176.9M | 92.14 |
| 2020 | Rs 3.7B | Rs 148.3M | 77.25 |
| 2019 | Rs 3.6B | Rs 172.8M | 90.02 |
Recent dividends
- 2026 · finalRs 73.00
- 2025 · finalRs 40.00
- 2025 · first interimRs 40.00
- 2024 · finalRs 40.00
- 2024 · first interimRs 40.00
- 2023 · finalRs 20.00
- 2023 · first interimRs 20.00
- 2022 · finalRs 30.00
About Harischandra Mills PLC
Harischandra Mills PLC is a Sri Lanka-based manufacturer and distributor of oils, food products and soaps, with additional operations in fuels and lubricants. The company operates production and processing facilities including a Coffee Processing and Production facility in Udukawa and a retail outlet and office in Borella. Its principal activities are organised across food, fuel & lubricant and soap businesses. The company sells products through supermarkets, dealers, retailers and its own Harischandra outlets, reaching both local and international markets. Harischandra Mills also pursues sustainability and community initiatives, including rooftop solar installations at Udukawa and Borella and CSR programs focused on health and education in communities around its operations.
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Describes news flow, not a forecast4 articles in 30 days: 3 positive, 1 negative, 0 neutral.
Harischandra Mills PLC reported 1QFY27 PAT of Rs.91.8 million, up 147% YoY. Revenue rose 31% to Rs.1.9 billion and gross margin expanded to 18%, driven by easing raw material costs, volume growth and operational efficiencies led by the Food segment.
Dividend · Rs 73.00 · XD Sep 23, 2026
Final dividend of LKR 73/share; XD 2026-09-23; record 2026-09-24; payable 2026-10-12; FY Ended 31st March 2026
Ambeon Capital's subsidiary Ambeon Essentials closed its mandatory offer for Harischandra Mills with acceptances representing a 51.11% controlling stake at Rs.3,400 per share. The controlling stake was valued at ~Rs.3.34 billion (total equity ~Rs.6.5 billion); Hayleys was the top shareholder with 40.58%.
Harischandra Mills PLC appointed four new directors, effective 12 May 2026, following Ambeon Capital PLC’s acquisition of a controlling stake via its subsidiary Ambeon Essentials. Appointments are Sujeewa Mudalige, Dr. Sajeeva Narangoda, Savanth Sebastian and Aravinda de Silva (representing Ambeon Essentials).
Ambeon Essentials (a subsidiary of Ambeon Capital PLC) has appointed Dr. Sajeeva Narangoda, Aravinda de Silva, Savanth Sebastian and Sujeewa Mudalige to the Board of Harischandra Mills PLC with effect from 12 May.
Consumer & Retail sector: what is happening
Last 30 days to Aug 4, 2026Consumer retail saw tighter standards and capacity moves. The Consumer Affairs Authority made SLS certification mandatory for all single-use sanitary towels from 8 October 2026, with import inspections. Pelwatte broke ground on a liquid milk plant in Kurunegala to expand fresh dairy. Exporters to the EU were briefed on EmpCo, PPWR and EUDR rules carrying penalties up to €2m or 4% of turnover. Indian SMEs held B2B sessions locally.
The stories behind it
Auto-generated from 9 sector news articles over 30 days. Not investment advice. 1 more story on the sentiment page.