Sri Lankan (CSE) Industrials Sector Analysis

Sector Valuation and Performance

Has the Sri Lankan Industrials Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 12 Jul 2026	LK₨1.4t	LK₨2.4t	LK₨80.7b	10.8x	16.8x	0.6x
Tue, 09 Jun 2026	LK₨1.3t	LK₨2.4t	LK₨80.5b	11.1x	16.4x	0.6x
Thu, 07 May 2026	LK₨1.4t	LK₨2.2t	LK₨79.9b	11.8x	17.4x	0.6x
Sat, 04 Apr 2026	LK₨1.3t	LK₨2.2t	LK₨79.2b	11x	16x	0.6x
Mon, 02 Mar 2026	LK₨1.5t	LK₨2.1t	LK₨84.2b	12.8x	17.7x	0.7x
Wed, 28 Jan 2026	LK₨1.5t	LK₨2.1t	LK₨80.7b	13.3x	18.6x	0.7x
Fri, 26 Dec 2025	LK₨1.3t	LK₨2.1t	LK₨80.7b	11.5x	16.4x	0.6x
Sun, 23 Nov 2025	LK₨1.4t	LK₨2.2t	LK₨70.3b	11.9x	20x	0.6x
Tue, 21 Oct 2025	LK₨1.3t	LK₨1.9t	LK₨109.9b	13.1x	12x	0.7x
Thu, 18 Sep 2025	LK₨1.2t	LK₨1.9t	LK₨109.5b	13x	11.3x	0.6x
Sat, 16 Aug 2025	LK₨1.2t	LK₨1.9t	LK₨110.0b	13.3x	11.2x	0.6x
Mon, 14 Jul 2025	LK₨1.2t	LK₨1.8t	LK₨108.1b	11.7x	11x	0.6x
Wed, 11 Jun 2025	LK₨1.1t	LK₨1.8t	LK₨108.1b	11x	10.3x	0.6x
Fri, 09 May 2025	LK₨982.4b	LK₨1.8t	LK₨91.3b	9.7x	10.8x	0.6x
Sun, 06 Apr 2025	LK₨950.4b	LK₨1.8t	LK₨91.3b	9.8x	10.4x	0.5x
Tue, 04 Mar 2025	LK₨977.9b	LK₨1.8t	LK₨90.9b	9.8x	10.8x	0.6x
Thu, 30 Jan 2025	LK₨1.0t	LK₨1.7t	LK₨97.1b	10.8x	10.6x	0.6x
Sat, 28 Dec 2024	LK₨957.4b	LK₨1.7t	LK₨97.0b	8.8x	9.9x	0.5x
Mon, 25 Nov 2024	LK₨803.8b	LK₨1.7t	LK₨97.0b	6.9x	8.3x	0.5x
Wed, 23 Oct 2024	LK₨786.4b	LK₨1.7t	LK₨63.0b	8.3x	12.5x	0.5x
Fri, 20 Sep 2024	LK₨671.4b	LK₨1.6t	LK₨62.5b	7.6x	10.7x	0.4x
Sun, 18 Aug 2024	LK₨711.1b	LK₨1.6t	LK₨59.7b	8.1x	11.9x	0.4x
Tue, 16 Jul 2024	LK₨747.0b	LK₨1.6t	LK₨52.9b	7.8x	14.1x	0.5x
Thu, 13 Jun 2024	LK₨788.6b	LK₨1.6t	LK₨52.9b	8.3x	14.9x	0.5x
Sat, 11 May 2024	LK₨1.1t	LK₨1.9t	LK₨31.7b	9.8x	33.7x	0.6x
Mon, 08 Apr 2024	LK₨1.0t	LK₨1.9t	LK₨35.8b	9.5x	28.4x	0.5x
Wed, 06 Mar 2024	LK₨979.8b	LK₨1.9t	LK₨37.3b	8.2x	26.3x	0.5x
Fri, 02 Feb 2024	LK₨888.6b	LK₨1.8t	LK₨13.3b	9.9x	66.6x	0.5x
Sun, 31 Dec 2023	LK₨929.5b	LK₨1.8t	LK₨20.3b	9.4x	45.7x	0.5x
Tue, 28 Nov 2023	LK₨914.1b	LK₨2.0t	LK₨16.8b	9.4x	54.5x	0.5x
Thu, 26 Oct 2023	LK₨934.8b	LK₨2.1t	LK₨37.2b	7.4x	25.1x	0.4x
Sat, 23 Sep 2023	LK₨998.0b	LK₨2.1t	LK₨37.2b	7.8x	26.8x	0.5x
Mon, 21 Aug 2023	LK₨1.0t	LK₨2.1t	LK₨43.0b	6.4x	23.4x	0.5x
Wed, 19 Jul 2023	LK₨973.1b	LK₨2.3t	LK₨119.3b	6.1x	8.2x	0.4x

Current Industry PE

Investors are pessimistic on the Sri Lankan Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 16.8x which is lower than its 3-year average PE of 18.8x.

The industry is trading close to its 3-year average PS ratio of 0.55x.

Past Earnings Growth

The earnings for companies in the Industrials industry have declined 12% per year over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Sri Lankan Industrials sector?


LK Market	-1.85%
Industrials	-1.41%
Marine and Shipping	0%	0
Transportation	0%	0
Logistics	-0.52%
Industrials	-1.11%
Construction	-1.19%
Building	-1.63%
Trade Distributors	-2.03%
Commercial Services	-2.03%
Machinery	-2.43%
Electrical	-2.45%

Industry PE

Investors are most optimistic about the Machinery industry, which is trading close to its 3-year average PE ratio of 85.6x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Forecasted Growth

Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 35% over the next 5 years.
This is better than its past earnings growth rate of 10% per year.

In contrast, the Industrials industry is expected to see its earnings grow by 35% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
RICH.N0000 Richard Pieris	LK₨30.50	2.0% +LK₨1.2b	24.0%	PE21.7x
CFLB.N0000 Colombo Fort Land & Building	LK₨68.60	5.5% +LK₨864.0m	-4.6%	PE21.9x
LCEY.N0000 Lankem Ceylon	LK₨41.50	3.8% +LK₨205.9m	-1.2%	PS0.1x

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 5.9% 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 Less than 1 year of cash runway based on free cash flow trend (-LK₨2.5b free cash flow). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (LK₨5.49b market cap, or US$16.4m).

Sri Lankan (CSE) Industrials Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Group MD & Executive Director recently sold LK₨1.8m worth of stock

New minor risk - Share price stability

Less than half of directors are independent

New minor risk - Earnings quality

Key Executive exercised options to buy LK₨87m worth of stock.

Upcoming dividend of LK₨2.60 per share

Hayleys PLC, Annual General Meeting, Jun 30, 2026

Colombo Dockyard PLC, Annual General Meeting, Jun 25, 2026

Full year 2026 earnings released: LK₨6.30 loss per share (vs LK₨11.19 loss in FY 2025)

Full year 2026 earnings released: EPS: LK₨9.13 (vs LK₨6.37 in FY 2025)

Full year 2026 earnings released: EPS: LK₨1.40 (vs LK₨1.86 in FY 2025)