Mercantile Investments & Finance PLC (MERC.N0000) completed an oversubscribed Rs. 1.1 billion rights issue, bolstering its capital base and regulatory capital position. The funds increase its financial flexibility to support growth and expansion in Sri Lanka's financial services sector.
Mercantile Investments & Finance PLC
MERC.N0000Banks & Finance · Finance/Rental/Leasing
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 8.7B | Rs 1.1B | 1.91 |
| 2025 | Rs 6.7B | Rs 1.1B | 357.51 |
| 2024 | Rs 4.5B | Rs 555.8M | 184.90 |
| 2023 | Rs 2.9B | Rs 106.1M | 35.28 |
| 2022 | Rs 4.5B | Rs 1.0B | 336.51 |
| 2021 | Rs 3.3B | Rs 614.1M | 204.31 |
| 2020 | Rs 3.8B | Rs 371.7M | 123.66 |
Recent dividends
- 2026Rs 0.17
- 2025 · second interimRs 16.60
- 2025Rs 25.00
- 2024Rs 20.00
- 2022 · second interimRs 50.00
- 2022 · first interimRs 65.00
- 2019 · first and finalRs 20.00
- -Rs 8.00
About Mercantile Investments & Finance PLC
Mercantile Investments and Finance PLC (MI) is a Sri Lanka-based non-bank financial institution providing finance company services to domestic customers. The company operates solely within the domestic market and does not have subsidiary holding relationships; it holds a 26.12% strategic equity stake in Nuwara Eliya Hotels Company PLC as an associate. MI's core activities centre on lending and deposit mobilisation delivered through a nationwide branch network and digitalised processes, supported by functions such as collections, funding and value-added services. The company reports a substantial branch footprint and has migrated to an industry-accepted core operating system while emphasising cybersecurity, governance and risk management. MI publishes integrated reporting aligned with GRI and IIRC principles and positions its business model around sustainable value creation, stakeholder engagement and regulatory compliance within the Non-Bank Financial Institution (NBFI) sector.
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Describes news flow, not a forecast2 articles in 30 days: 2 positive, 0 negative, 0 neutral.
Mercantile Investments & Finance PLC (MERC.N0000) completed an oversubscribed rights issue raising Rs. 1.1 billion. The funds bolster its capital base and regulatory capital position, enhancing financial flexibility to support growth and expansion in its financial services operations.
Rights issue · 1:18 at Rs 33.00 · XD Apr 22, 2026
Rights issue · 1:18 at Rs 33.00 · XD Apr 22, 2026
Rights issue · 1:18 at Rs 33.00 · XD Apr 22, 2026
Dividend · Rs 0.17 · XD Jan 5, 2026
Dividend of LKR 0.165/share; XD 2026-01-05; record 2026-01-05; payable 2026-01-23; FY 2025/2026
Share split · 1:200 · XD Dec 17, 2025
Share split · 1:200 · XD Dec 17, 2025
Split issue
Banks & Finance sector: what is happening
Last 30 days to Aug 4, 2026Regulatory tightening dominated banks/finance as Cabinet named the SEC to regulate virtual asset service providers within a CBSL/FIU/IRD framework and approved a 2026-2030 national AML policy. The FIU flagged long-running trade-based money laundering via phantom imports, after probes found about $715m in fraudulent remittances. CBSL kept LTV caps on vehicle and gold loans. Services PMI signaled June expansion led by financial services.
The stories behind it
Auto-generated from 17 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.