Maharaja Foods PLC appointed Imran Furkan as chairman and added Gimhan Sawinda Rajapaksha Dissanayake as an independent non-executive director. Former chairman Guganathan Vijayananth becomes an executive non-independent director focusing on retail expansion while Vithyanath Guganathan remains managing director.
Maharaja Foods Plc
MFPE.N0000Consumer & Retail · Food: Major Diversified
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 630.4M | Rs 49.9M | 0.42 |
| 2024 | Rs 497.0M | Rs 31.1M | - |
Recent dividends
- 2025 · first and finalRs 0.10
About Maharaja Foods Plc
Maharaja Foods PLC manufactures, packages and distributes authentic Sri Lankan food and grocery products for domestic and export markets under its own brands and through private label arrangements. Its product portfolio covers rice- and flour-based items, spices and masalas, oils, coconut and palmyrah products, fish-based items and assorted grocery goods. The Group is headquartered in Colombo and operates a main manufacturing and processing facility in Mabola, Wattala, with additional production capacity and a raw rice polishing plant in Mirigama; it is an Export Development Board (EDB) registered exporter. Maharaja Foods supplies approximately 5,000 retail outlets across Sri Lanka and exports to markets including France, the United Kingdom, wider Europe, Australia, the UAE and Singapore. The corporate structure includes related entities such as G.T.V. Global Holdings (Pvt) Ltd and group companies named Maharaja Supermarkets (Pvt) Limited and Maharaja Marketing (Pvt) Limited; the Group also exports third-party grocery and household items and works with retail and wholesale distributors overseas.
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Maharaja Foods PLC appointed Imran Furkan as Chairman and Gimhan Sawinda Rajapaksha Dissanayake as an Independent Non‑Executive Director; former Chairman Guganathan Vijayananth becomes Executive Non‑Independent Director focusing on retail expansion. The Board said the changes aim to strengthen governance and support the Group's next phase of growth.
Maharaja Foods (MFPE) appointed Imran Furkan as Chairman and added Gimhan Sawinda Rajapaksha Dissanayake as an Independent Non‑Executive Director. Vijayananth Guganathan moves to Executive Non‑Independent Director to focus on retail expansion while Vithyanath Guganathan remains Managing Director.
Maharaja Foods PLC listed 12,500,000 new ordinary voting shares on the CSE after a 10-for-1 rights issue at Rs.9, raising Rs.112.5 million. As of end-December 2025 the company reported stated capital of Rs.170.5m, retained earnings of Rs.107.5m, total assets of Rs.689m, net assets per share of Rs.2.30 and borrowings of about Rs.310m.
Maharaja Foods (MFPE.N0000) listed 12,500,000 new ordinary voting shares after a rights issue that raised Rs112,500,000. The stock was trading down 80 cents at Rs12.50.
Maharaja Foods PLC's Rs.112.5 million 1-for-10 rights issue was oversubscribed, receiving total subscriptions of 24,723,629 shares. Proceeds will fund a SPAR–Maharaja SaveMore outlet, Rs.50m to settle loans with Hatton National Bank and a Rs.15m ready-meal product launch.
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
Rights issue · 1:10 at Rs 9.00 · XD Feb 2, 2026
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.