Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: LK₨0.04 (vs LK₨0.50 in 2Q 2025) Second quarter 2026 results: EPS: LK₨0.04 (down from LK₨0.50 in 2Q 2025). Revenue: LK₨206.8m (down 48% from 2Q 2025). Net income: LK₨15.5m (down 92% from 2Q 2025). Profit margin: 7.5% (down from 49% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 41% After last week's 41% share price gain to LK₨17.90, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 20x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders of 63% over the past three years. New Risk • Sep 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (LK₨1.0b revenue, or US$3.4m). Market cap is less than US$100m (LK₨7.47b market cap, or US$24.7m). Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Senior Independent Non-Executive Director Sampath Perera Amaratunge was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Annuncio • Aug 19
LAUGFS Power PLC, Annual General Meeting, Sep 10, 2025 LAUGFS Power PLC, Annual General Meeting, Sep 10, 2025, at 10:30 Sri Lanka Standard Time. Location: laugfs head office, no.101, maya avenue, 06, colombo Sri Lanka Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: LK₨0.02 (vs LK₨0.34 in 1Q 2025) First quarter 2026 results: EPS: LK₨0.02 (down from LK₨0.34 in 1Q 2025). Revenue: LK₨202.0m (down 55% from 1Q 2025). Net income: LK₨7.57m (down 94% from 1Q 2025). Profit margin: 3.8% (down from 29% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: LK₨0.65 (vs LK₨0.13 in FY 2024) Full year 2025 results: EPS: LK₨0.65 (up from LK₨0.13 in FY 2024). Revenue: LK₨1.27b (up 32% from FY 2024). Net income: LK₨250.3m (up 382% from FY 2024). Profit margin: 20% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: LK₨0.03 (vs LK₨0.02 in 3Q 2024) Third quarter 2025 results: EPS: LK₨0.03 (up from LK₨0.02 in 3Q 2024). Revenue: LK₨216.6m (down 3.5% from 3Q 2024). Net income: LK₨11.3m (up 50% from 3Q 2024). Profit margin: 5.2% (up from 3.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to LK₨12.90, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 10x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders of 17% over the past three years. New Risk • Nov 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Share price has been volatile over the past 3 months (5.2% average weekly change). Revenue is less than US$5m (LK₨1.3b revenue, or US$4.5m). Market cap is less than US$100m (LK₨4.17b market cap, or US$14.3m). Reported Earnings • Nov 14
Second quarter 2025 earnings released: EPS: LK₨0.50 (vs LK₨0.006 in 2Q 2024) Second quarter 2025 results: EPS: LK₨0.50 (up from LK₨0.006 in 2Q 2024). Revenue: LK₨394.0m (up 62% from 2Q 2024). Net income: LK₨193.9m (up LK₨191.7m from 2Q 2024). Profit margin: 49% (up from 0.9% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: LK₨0.34 (vs LK₨0.04 in 1Q 2024) First quarter 2025 results: EPS: LK₨0.34 (up from LK₨0.04 in 1Q 2024). Revenue: LK₨448.2m (up 85% from 1Q 2024). Net income: LK₨132.0m (up LK₨116.0m from 1Q 2024). Profit margin: 29% (up from 6.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year. Annuncio • Jul 09
LAUGFS Power PLC, Annual General Meeting, Jul 17, 2024 LAUGFS Power PLC, Annual General Meeting, Jul 17, 2024, at 10:30 Sri Lanka Standard Time. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: LK₨0.13 (vs LK₨0.29 loss in FY 2023) Full year 2024 results: EPS: LK₨0.13 (up from LK₨0.29 loss in FY 2023). Revenue: LK₨967.7m (flat on FY 2023). Net income: LK₨52.0m (up LK₨165.6m from FY 2023). Profit margin: 5.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. New Risk • Jun 04
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Revenue is less than US$5m (LK₨968m revenue, or US$3.2m). Market cap is less than US$100m (LK₨3.52b market cap, or US$11.6m). Reported Earnings • Feb 16
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: LK₨224.5m (flat on 3Q 2023). Net income: LK₨7.54m (up LK₨102.6m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 08
Second quarter 2024 earnings released: EPS: LK₨0.01 (vs LK₨0.02 loss in 2Q 2023) Second quarter 2024 results: EPS: LK₨0.01 (up from LK₨0.02 loss in 2Q 2023). Revenue: LK₨243.8m (down 9.1% from 2Q 2023). Net income: LK₨2.23m (up LK₨9.04m from 2Q 2023). Profit margin: 0.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. New Risk • Oct 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 61% per year over the past 5 years. Market cap is less than US$10m (LK₨3.04b market cap, or US$9.31m). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Revenue is less than US$5m (LK₨961m revenue, or US$2.9m). Annuncio • Sep 07
LAUGFS Power PLC, Annual General Meeting, Sep 21, 2023 LAUGFS Power PLC, Annual General Meeting, Sep 21, 2023, at 10:30 Sri Lanka Standard Time. Location: LAUGFS Head Office building located at No. 101, Maya Avenue, Colombo Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors on the affairs of the Company and its subsidiaries and the Statement of Accounts for the year ended 31st March 2023 and the Report of the Auditors ; To re-elect Prof S P P Amaratunge who retires by rotation in terms of Article 26(6) of the Articles of Association, as a Director of the Company; To re-appoint Messrs Ernst & Young, Chartered Accountants, the retiring Auditors and to authorise the Directors to determine their remuneration; To authorise the Directors to determine and make donations for the year ending 31st March 2024 and upto the date of the next Annual General eeting;. New Risk • Aug 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: LK₨3.19b (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 63% per year over the past 5 years. Market cap is less than US$10m (LK₨3.19b market cap, or US$9.92m). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Revenue is less than US$5m (LK₨961m revenue, or US$3.0m). Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: LK₨0.04 (vs LK₨0.10 in 1Q 2023) First quarter 2024 results: EPS: LK₨0.04 (down from LK₨0.10 in 1Q 2023). Revenue: LK₨242.7m (down 3.0% from 1Q 2023). Net income: LK₨16.0m (down 60% from 1Q 2023). Profit margin: 6.6% (down from 16% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 04
Full year 2023 earnings released: LK₨0.89 loss per share (vs LK₨2.33 loss in FY 2022) Full year 2023 results: LK₨0.89 loss per share (improved from LK₨2.33 loss in FY 2022). Revenue: LK₨968.7m (down 5.7% from FY 2022). Net loss: LK₨343.3m (loss narrowed 62% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 15
Third quarter 2023 earnings released: LK₨0.25 loss per share (vs LK₨0.20 profit in 3Q 2022) Third quarter 2023 results: LK₨0.25 loss per share (down from LK₨0.20 profit in 3Q 2022). Revenue: LK₨223.8m (down 11% from 3Q 2022). Net loss: LK₨95.1m (down 225% from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 20
Second quarter 2023 earnings released: LK₨0.02 loss per share (vs LK₨0.25 profit in 2Q 2022) Second quarter 2023 results: LK₨0.02 loss per share (down from LK₨0.25 profit in 2Q 2022). Revenue: LK₨268.1m (up 1.6% from 2Q 2022). Net loss: LK₨6.81m (down 107% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Annuncio • Sep 14
LAUGFS Power PLC, Annual General Meeting, Sep 27, 2022 LAUGFS Power PLC, Annual General Meeting, Sep 27, 2022, at 10:00 Sri Lanka Standard Time. Location: LAUGFS Power PLCNo. 101, Maya Avenue No. 101, Maya Avenue Colombo Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors on the affairs of the Company and its subsidiaries and the Statement of Accounts for the year ended 31st March 2022 and the Report of the Auditors thereon; to re-elect Mr. P M B Fernando, who retires by rotation in terms of Article 26(6) of the Articles of Association, as a Director of the Company; to elect Mr. K R Goonesinghe who retires in terms of Article 26 (02) of the Articles of Associations, as a Director of the Company; to elect Prof S P P Amaratunge who retires in terms of Article 26 (02) of the Articles of Associations, as a Director of the Company; to re-appoint Messrs Ernst & Young, Chartered Accountants, the retiring Auditors and to authorise the Directors to determine their remuneration; and to authorise the Directors to determine and make donations for the year ending 31st March 2023 and up to the date of the next Annual General Meeting. Reported Earnings • Aug 20
First quarter 2023 earnings released: EPS: LK₨0.10 (vs LK₨0.25 in 1Q 2022) First quarter 2023 results: EPS: LK₨0.10 (down from LK₨0.25 in 1Q 2022). Revenue: LK₨250.2m (down 5.5% from 1Q 2022). Net income: LK₨39.4m (down 59% from 1Q 2022). Profit margin: 16% (down from 36% in 1Q 2022). Reported Earnings • Jun 03
Full year 2022 earnings released: LK₨2.33 loss per share (vs LK₨0.61 profit in FY 2021) Full year 2022 results: LK₨2.33 loss per share (down from LK₨0.61 profit in FY 2021). Revenue: LK₨1.03b (up 4.6% from FY 2021). Net loss: LK₨902.9m (down 485% from profit in FY 2021). Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorated over the past week After last week's 17% share price decline to LK₨9.60, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 7x in the Renewable Energy industry in Sri Lanka. Total loss to shareholders of 4.0% over the past year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Group MD, Group CEO & Executive Director Piyadasa Kudabalage was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improved over the past week After last week's 20% share price gain to LK₨10.40, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 9x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders of 17% over the past year. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Revenue: LK₨251.2m (down 2.5% from 3Q 2021). Net income: LK₨76.0m (down 8.8% from 3Q 2021). Profit margin: 30% (down from 32% in 3Q 2021). Revenue was in line with analyst estimates. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨12.00, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 10x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders of 13% over the past year. Reported Earnings • Nov 19
Second quarter 2022 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: LK₨263.9m (up 7.9% from 2Q 2021). Net income: LK₨98.0m (up 154% from 2Q 2021). Profit margin: 37% (up from 16% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨9.10, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 9x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders of 112% over the past year. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS LK₨0.25 (vs LK₨0.08 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: LK₨264.9m (up 10% from 1Q 2021). Net income: LK₨95.5m (up 216% from 1Q 2021). Profit margin: 36% (up from 13% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Reported Earnings • Jul 06
Full year 2021 earnings released: EPS LK₨0.61 (vs LK₨0.33 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: LK₨982.9m (flat on FY 2020). Net income: LK₨234.7m (up 86% from FY 2020). Profit margin: 24% (up from 13% in FY 2020). Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 24% share price gain to LK₨10.50, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 10x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders of 200% over the past year. Is New 90 Day High Low • Mar 09
New 90-day low: LK₨9.10 The company is down 10.0% from its price of LK₨10.10 on 09 December 2020. The Sri Lankan market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 9.0% over the same period. Reported Earnings • Feb 05
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: LK₨257.5m (up 5.9% from 3Q 2020). Net income: LK₨83.3m (up 61% from 3Q 2020). Profit margin: 32% (up from 21% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 23% share price gain to LK₨13.20, the stock is trading at a trailing P/E ratio of 34.4x, up from the previous P/E ratio of 27.8x. This compares to an average P/E of 10x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders over the past year are 187%. Is New 90 Day High Low • Jan 12
New 90-day high: LK₨10.80 The company is up 33% from its price of LK₨8.10 on 14 October 2020. The Sri Lankan market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: LK₨9.80 The company is up 128% from its price of LK₨4.30 on 04 September 2020. The Sri Lankan market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period. Valuation Update With 7 Day Price Move • Dec 04
Market bids up stock over the past week After last week's 26% share price gain to LK₨9.80, the stock is trading at a trailing P/E ratio of 25.5x, up from the previous P/E ratio of 20.3x. This compares to an average P/E of 11x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders over the past year are 92%. Valuation Update With 7 Day Price Move • Nov 17
Market bids up stock over the past week After last week's 19% share price gain to LK₨8.30, the stock is trading at a trailing P/E ratio of 25.2x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 11x in the Renewable Energy industry in Sri Lanka. Total returns to shareholders over the past year are 57%. Is New 90 Day High Low • Nov 17
New 90-day high: LK₨8.30 The company is up 98% from its price of LK₨4.20 on 19 August 2020. The Sri Lankan market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 30% over the same period. Valuation Update With 7 Day Price Move • Oct 21
Market pulls back on stock over the past week After last week's 20% share price decline to LK₨6.50, the stock is trading at a trailing P/E ratio of 19.7x, down from the previous P/E ratio of 24.6x. This compares to an average P/E of 12x in the Renewable Energy industry in Sri Lanka. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 22% share price gain to LK₨7.30, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 18.2x. This compares to an average P/E of 11x in the Renewable Energy industry in Sri Lanka. Is New 90 Day High Low • Oct 09
New 90-day high: LK₨7.40 The company is up 95% from its price of LK₨3.80 on 10 July 2020. The Sri Lankan market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 31% over the same period. 
