Tess Agro PLC

TESS.N0000

Consumer & Retail · Food: Meat/Fish/Dairy

Voting
Rs 1.80
-5.26%
as of Aug 3, 2026
Price history
+63.64%
P/E
44.6
P/B
4.00
EPS
Rs 0.04
Div Yield
0.00%
Market Cap
Rs 1.4B
Beta
1.74
ROE
-
Op Margin
-161.3%

Annual fundamentals

YearRevenueNet profitEPS
2023Rs 11.6MRs -6.9M-0.01
2022Rs 2.5MRs 6.8M0.02
2021Rs 5.0MRs -40.9M-0.10
2020Rs 6.3MRs -61.4M-0.14
2019Rs 189.5MRs -74.8M-0.19
2018Rs 310.6MRs -49.9M-0.16
2017Rs 333.5MRs -62.4M-0.20

Recent dividends

No dividend records.

About Tess Agro PLC

Tess Agro PLC operates cold chain, seafood processing and related businesses in Sri Lanka and maintains a branch in Belgium to support EU distribution. The company provides cold chain facilities for perishables and is engaged in the export of marine products (and, as noted in its activity line, fruits and vegetables). The group operates an EU‑licensed fish processing hub and states its facilities comply with EU and US food safety regulations; its processing and export focus includes yellowfin tuna, swordfish and reef fish supplied to markets such as the European Union, the United States and Japan. Tess Belgium imports and supplies seafood within the EU to end users including restaurants, supermarkets and hotels. Tess Agro also manufactures tin cans under the Agro Tin Tech project at a Peliyagoda, Kelaniya production facility and provides construction and warehousing services, including leased warehouses and multiple coldchain and storage locations in Sri Lanka. The company lists its head office and manufacturing plant at 87, New Nuge Road, Kelaniya.

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News sentiment

Describes news flow, not a forecast
Last 30 days
Not enough news to read

2 articles in 30 days: 0 positive, 0 negative, 2 neutral.

24 months positive negative 3-month net
Sep 25: 1 articles, net +1.00Oct 25: 2 articles, net +0.50Jan 26: 3 articles, net +0.33Feb 26: 5 articles, net +0.40Mar 26: 1 articles, net +1.00Aug 24Dec 24Apr 25Aug 25Dec 25Apr 26
Recent news
View all news →
Daily FT·Feb 19, 2026·Capacity or capexPositive
Tess Agro commissions Rs. 60 m rooftop solar project in Kerawalapitiya

Tess Agro PLC commissioned a 380 kWp rooftop Solar PV project at its Kerawalapitiya warehouse, connected to the national grid on 15 Jan 2026 after a Rs. 60 million investment. The installation raises the company's total Solar PV capacity to 460 kWp and aims to cut energy costs and emissions.

Renewable Energy
Daily FT·Jan 28, 2026·Capital raisePositive
Tess Agro to issue Rs. 250 m unsecured debentures with warrants

Tess Agro PLC's board resolved to issue 2.5 million unsecured debentures at Rs.100 each to raise Rs.250m (6% p.a., five-year tenure) and 100 million warrants exercisable at Rs.2.20 per share. Proceeds will be used to repay borrowings and fund working capital and capex; warrants could raise up to Rs.220m if exercised, subject to shareholder and CSE approvals.

Consumer & Retail sector: what is happening

Last 30 days to Aug 4, 2026

Consumer 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.

Auto-generated from 9 sector news articles over 30 days. Not investment advice. 1 more story on the sentiment page.