Dividend · Rs 0.80 · XD Jul 16, 2026
First Interim dividend of LKR 0.8/share; XD 2026-07-16; record 2026-07-17; payable 2026-07-31; FY 2026/2027
Diversified Holdings · Industrial Conglomerates
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 77.0B | Rs 4.6B | 1.86 |
| 2024 | Rs 73.9B | Rs 1.0B | 0.28 |
| 2023 | Rs 79.2B | Rs 6.2B | 2.45 |
| 2022 | Rs 67.7B | Rs 8.0B | 3.38 |
| 2021 | Rs 56.7B | Rs 5.1B | 2.21 |
| 2020 | Rs 54.2B | Rs 1.3B | 0.56 |
| 2019 | Rs 55.0B | Rs 2.3B | 0.99 |
Richard Pieris and Company PLC is a diversified Sri Lankan group engaged in manufacturing, trading and services across retail, plantation, rubber, tyre retreading, plastics, furniture and financial services. Its activities include manufacturing household and industrial products, trading household, industrial, agricultural and transport products (including servicing), tyre retreading and estate management, and it operates a fully equipped motor vehicle repair yard with lubrication and servicing bays. The Group’s principal operating sectors include Retail (modern retail trade and large-format outlets), Plantation (tea, oil palm, rubber and other crops with estate operations and international certifications), Rubber and Tyre (manufacturing, product diversification, retreading and trading of branded products), Plastics and Furniture (mattresses, water tanks, PVC pipes, vinyl mats and related items) and Financial Services (finance company, life insurance, stock broking and margin trading). The Plantation sector includes Namunukula Plantations PLC, which manages estates across several districts in Sri Lanka. The company operates primarily in Sri Lanka with export activities for certain product lines (notably rubber) into regions including Europe, Asia Pacific and Latin America.
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Dividend · Rs 0.80 · XD Jul 16, 2026
First Interim dividend of LKR 0.8/share; XD 2026-07-16; record 2026-07-17; payable 2026-07-31; FY 2026/2027
Richard Pieris Finance reported Profit Before Taxes of Rs.701.6 million for the year ended 31 March 2026. Profit after tax was Rs.448.7 million (up 76%), total assets Rs.24.57 billion, customer deposits Rs.11.68 billion, loans Rs.10.84 billion, and Fitch affirmed A(lka) Stable.
Arpico Insurance PLC has appointed Jayalal Hewawasam as its new Chief Executive Officer. Hewawasam brings over 25 years' experience, including as CEO of Allianz Life Insurance Sri Lanka, and the company is a subsidiary of Richard Pieris & Company PLC.
Richard Pieris Finance reported profit before tax of Rs. 292 million for the six months to 30 Sep 2025 (PBT >75% y/y), with PAT up 47% and total assets rising 20% to over Rs.20 billion, driven by improved lending, cost discipline and supported by a Fitch 'A(lka)' Stable rating.
Ceylinco Life appointed industry veteran Dr Kelum Senanayake as a Consultant to lead training and support product design and development. The hire draws on his 40+ years in insurance and prior senior roles at Arpico Insurance, Union Assurance and Richard Pieris-related companies.
Aggregate profits of 273 listed companies fell 12% YoY to Rs.176.5 billion in Sep-25, ending a seven-quarter growth streak. Banks (Rs.52bn, +39% YoY) and diversified financials (Rs.39bn, +112% YoY) underpinned a QoQ rebound, while food, beverage & tobacco and capital goods posted steep declines.
Namunukula Plantations bought 4,039,426 ordinary shares (0.95%) of National Development Bank from Arpico Insurance for Rs. 555.41 million at Rs. 137.50 per share. The transaction is a related-party, non-recurrent deal between subsidiaries of Richard Pieris & Co and falls within CSE Listing Rules limits.
Richard Pieris Finance Ltd said it is forging ahead with resilience and growth, citing steady profitability, portfolio diversification, digital transformation, a new Sarumaga mortgage product and a Fitch 'A(lka) Outlook Stable' rating.