Manufacturing · Textiles
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 60.0B | Rs 53.1M | 0.07 |
| 2025 | Rs 67.0B | Rs 2.8B | 3.88 |
| 2024 | Rs 60.7B | Rs 1.1B | 1.55 |
| 2023 | Rs 84.0B | Rs 2.1B | 2.97 |
| 2022 | Rs 49.6B | Rs 2.5B | 3.54 |
| 2021 | Rs 31.8B | Rs 2.1B | 3.04 |
| 2020 | Rs 33.3B | Rs 2.4B | 3.40 |
Teejay Lanka PLC is a Sri Lanka‑based integrated knit‑fabric manufacturer and fabric solutions provider operating across South Asia, North Africa and Southeast Asia. The Group produces weft‑knit fabrics and has expanded its technical capabilities to include lace dyeing, yarn dyeing and synthetic fabric production to service branded apparel customers in Europe, the United States and Asia. The Group's operations comprise large‑scale manufacturing facilities across Sri Lanka and India and an operational footprint that includes India, Bangladesh, Egypt, Indonesia and an investment and trading arm in Mauritius. Operational discipline is driven by a Group-wide Teejay Operating System (TOS) and a unified Quality Management System (QMS) focused on speed, cost discipline, product quality and on‑time delivery. Teejay invests in product and process innovation through its INSCOPE innovation centre and external research partnerships, emphasising advanced yarns, eco‑friendly dyes and technical fabrics. Named subsidiaries referenced in the Group structure include Teejay India (Private) Limited, Teejay Lanka Prints (Private) Limited, Teejay Mauritius (Private) Limited and Nubian Threads (Private) Limited (Egypt).
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Teejay Lanka reported PAT of Rs. 54.7m, a 98% YoY decline, on revenue of Rs. 60.04bn (‑10% YoY) as weak global textile demand, US tariffs, pricing pressure and lower volumes hit margins. Cash was Rs. 8.3bn and NAV/share rose to Rs. 44.91 despite restructuring costs and provisions.
Teejay Lanka (TJL.N0000) reported PAT of LKR 54.7 million, a 98% YoY decline, on revenue of LKR 60.04 billion (-10% YoY) and gross profit down 36%. The deterioration was driven by weak global textile demand, US reciprocal tariffs, pricing pressure, lower volumes and higher rupee‑denominated costs; cash stood at LKR 8.3bn and NAV/share rose to LKR 44.91.
Gulf escalation and shipping disruptions have hit Sri Lanka's tourism, tea and apparel sectors, pulling the bourse down 12.7% through March 20; plantation and apparel stocks plunged (Namunukula -30.6%, Agalawatte -22%, Teejay Lanka -20.6%) while Sunshine benefits from higher palm oil prices.
Teejay Lanka Plc has appointed Teruo Funahashi as a Non-Executive Director. Funahashi is a long-time Toray executive and is set to join Pacific Textiles as executive director, chairman and CEO from 1 April 2026.
Teejay Lanka (TJL.N0000) reported quarterly profits plunged 80% to 149.8 million LKR and revenues fell 10% to 15.4 billion LKR; six-month profits dropped 61% to 357 million LKR. The company cited subdued global textile demand, pricing pressure and underutilized capacity and said it is monitoring US tariff developments.
Teejay Lanka (TJL.N0000) reported 1H 2025/26 PAT of Rs.0.4bn, down 61% YoY, with revenue of Rs.31.3bn (-4% YoY). Gross profit fell 22% to Rs.2.5bn due to lower demand and underutilised capacity; cash was Rs.9.4bn and NAV/share rose to Rs.43.59.
Teejay Lanka PLC reported H1 2025/26 PAT of LKR 0.4 bn, a 61% YoY decline, with revenue of LKR 31.3 bn (-4% YoY) and gross profit down 22% to LKR 2.5 bn. The group maintained liquidity (cash LKR 9.4 bn) and NAV per share rose to LKR 43.59, citing weak global demand and pricing pressure.
Teejay Lanka (TJL.N0000) said group revenue rose 2% to Rs 15.78bn and net profit rose 31% to Rs 207m in the June quarter, with pre-tax profit of Rs 364m, despite softened global demand and lower volumes.
Teejay Lanka (TJL.N0000) reported Q1 FY2025/26 PAT of LKR 0.21bn, up 31% YoY, on revenue of LKR 15.8bn (+2%). Gross profit fell 3% to LKR 1.25bn amid lower volumes; cash reserves LKR 9.4bn, NAV/share LKR 42.95 and a final dividend of LKR 1.60 was paid.
Teejay Lanka said it is transferring orders across its Sri Lanka, India and East Asia plants and has operationalised partner sites in Egypt and Indonesia to mitigate US tariffs of 44% on Sri Lankan exports. The group also cited a balanced EU/US portfolio and investments in solar and biomass to reduce costs.
US confirmation of a 10% Section 301 tariff preserved competitiveness for Sri Lankan manufacturers, especially apparel and rubber. Exporters sought clear, risk-based guidelines for the new forced labour import ban to avoid shipment delays. June PMI showed manufacturing expanding but slower at 53.0, led by food and beverages. FTZ manufacturers pressed for power wheeling and lower energy costs. Cabinet moved to license scrap metal exports and tighten import prepayments.
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