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Sri Lankan (CSE) Renewable Energy Industry Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies8
  • 7D-2.6%
  • 3M5.8%
  • 1Y80.0%
  • YTD0.2%

Over the last 7 days, the Renewable Energy industry has dropped 2.6%, driven by pullbacks in Vidullanka and WindForce of 8.0% and 2.7%, respectively. Meanwhile, Resus Energy actually outperformed within the industry, gaining 18% in the last week. This takes the industry's 12 month performance to a gain of 80%.

Industry Valuation and Performance

Has the Sri Lankan Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026LK₨133.2bLK₨17.6bLK₨4.9b22.1x27.3x7.6x
Sat, 13 Dec 2025LK₨137.2bLK₨17.6bLK₨4.9b22.6x28.2x7.8x
Mon, 10 Nov 2025LK₨143.8bLK₨18.3bLK₨5.5b24.9x26.2x7.8x
Wed, 08 Oct 2025LK₨115.2bLK₨18.3bLK₨5.5b22x21x6.3x
Fri, 05 Sep 2025LK₨97.9bLK₨18.3bLK₨5.5b19.4x17.9x5.3x
Sun, 03 Aug 2025LK₨86.3bLK₨19.3bLK₨5.8b14.6x14.8x4.5x
Tue, 01 Jul 2025LK₨80.7bLK₨19.3bLK₨5.8b13.8x13.8x4.2x
Thu, 29 May 2025LK₨77.2bLK₨20.4bLK₨6.0b11.3x12.9x3.8x
Sat, 26 Apr 2025LK₨71.6bLK₨20.6bLK₨5.9b11.4x12.1x3.5x
Mon, 24 Mar 2025LK₨73.8bLK₨20.6bLK₨5.9b11.7x12.4x3.6x
Wed, 19 Feb 2025LK₨77.9bLK₨20.6bLK₨5.9b12.2x13.1x3.8x
Fri, 17 Jan 2025LK₨75.1bLK₨20.8bLK₨6.0b12.5x12.6x3.6x
Sun, 15 Dec 2024LK₨67.6bLK₨20.8bLK₨6.0b9.9x11.3x3.3x
Tue, 12 Nov 2024LK₨63.6bLK₨20.2bLK₨6.0b8.5x10.6x3.1x
Thu, 10 Oct 2024LK₨59.0bLK₨20.2bLK₨5.8b9.7x10.2x2.9x
Sat, 07 Sep 2024LK₨54.8bLK₨20.2bLK₨5.8b8.4x9.5x2.7x
Mon, 05 Aug 2024LK₨57.6bLK₨18.0bLK₨4.3b13.8x13.3x3.2x
Wed, 03 Jul 2024LK₨57.6bLK₨18.0bLK₨4.3b13.8x13.3x3.2x
Fri, 31 May 2024LK₨52.9bLK₨17.2bLK₨3.0b9x17.7x3.1x
Sun, 28 Apr 2024LK₨53.0bLK₨16.0bLK₨2.8b7.1x18.7x3.3x
Tue, 26 Mar 2024LK₨50.0bLK₨16.0bLK₨2.8b6.8x17.7x3.1x
Thu, 22 Feb 2024LK₨48.2bLK₨16.0bLK₨2.8b7.1x17x3x
Sat, 20 Jan 2024LK₨48.3bLK₨14.6bLK₨4.2b7.9x11.6x3.3x
Mon, 18 Dec 2023LK₨48.1bLK₨14.6bLK₨4.2b8x11.6x3.3x
Wed, 15 Nov 2023LK₨47.4bLK₨14.6bLK₨3.0b12.8x15.9x3.3x
Fri, 13 Oct 2023LK₨47.1bLK₨13.2bLK₨2.2b14.4x21.4x3.6x
Sun, 10 Sep 2023LK₨48.0bLK₨13.2bLK₨2.2b14.6x21.8x3.6x
Tue, 08 Aug 2023LK₨46.8bLK₨13.4bLK₨2.4b9x19.2x3.5x
Thu, 06 Jul 2023LK₨44.2bLK₨13.4bLK₨2.3b8.6x19x3.3x
Sat, 03 Jun 2023LK₨42.4bLK₨13.4bLK₨1.4b8.2x31.4x3.2x
Mon, 01 May 2023LK₨43.7bLK₨12.6bLK₨1.7b10.7x25.4x3.5x
Wed, 29 Mar 2023LK₨44.2bLK₨12.6bLK₨1.7b10.7x25.7x3.5x
Fri, 24 Feb 2023LK₨44.8bLK₨12.6bLK₨1.7b10.3x26.1x3.5x
Sun, 22 Jan 2023LK₨42.6bLK₨12.5bLK₨751.2m6.7x56.7x3.4x
Price to Earnings Ratio

56.7x


Total Market Cap: LK₨42.6bTotal Earnings: LK₨751.2mTotal Revenue: LK₨12.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Renewable Energy Industry Price to Earnings3Y Average 18.3x202420252026
Current Industry PE
  • Investors are optimistic on the Sri Lankan Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of 18.3x.
  • The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 86% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Sri Lankan Utilities industry?

LK Market1.58%
Utilities-2.63%
Renewable Energy-2.63%
Renewable Energy-2.59%
Independent Power Producers and Energy Traders-2.68%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 19.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 29.1x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
HPWR.N0000 Resus EnergyLK₨11.4021.8%
+LK₨879.1m
91.9%PE33.6x
PAP.N0000 Panasian PowerLK₨25.800.4%
+LK₨62.5m
248.6%PE45.9x
HPFL.N0000 Lotus Hydro PowerLK₨14.300.7%
+LK₨10.9m
10.9%PE22.6x

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