John Keells Holdings Management

Management criteria checks 2/4

John Keells Holdings' CEO is Krishan Niraj Balendra, appointed in Jan 2019, has a tenure of 6.08 years. directly owns 2.13% of the company’s shares, worth LKR7.27B. The average tenure of the management team and the board of directors is 6.1 years and 5.2 years respectively.

Key information

Krishan Niraj Balendra

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.1yrs
CEO ownership	2.1%
Management average tenure	6.1yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO

Krishan Niraj Balendra (49 yo)

6.1yrs

Tenure

Mr. Krishan Niraj Jayasekara Balendra serves as the Chairman at Ceylon Cold Stores PLC since January 1, 2019. Mr. Balendra has been the Chairman of Union Assurance PLC since January 1, 2019 and serves as i...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Krishan Niraj Balendra	Executive Chairman & CEO	6.1yrs	no data	2.13% LKR 7.3b
Joseph Gihan Cooray	Deputy Executive Chairman & Group Finance Director	8.3yrs	no data	0% LKR 0
Suresh Rajendra	President	no data	no data	no data
Nisreen Rehmanjee	EVP & Head of Corporate Finance	no data	no data	no data
Ramesh Shanmuganathan	Group Chief Information Officer & Executive VP	no data	no data	no data
Nadija Tambiah	Head of Legal & Company Secretarial	no data	no data	no data
Waruna Rajapaksa	Head of New Business Development & Executive VP	no data	no data	no data
Chandrika Perera	Executive VP & CFO of Leisure Group	19.9yrs	no data	no data
Rohan Karunarajah	Sector Head of City Hotels & Executive VP	no data	no data	no data
Ahamed Hashim	President of Transportation & Plantation sector	no data	no data	no data
Kaminda Subasinghe	President of Retail Industry Group	no data	no data	no data
Nayana Mawilmada	President of the Property Industry Group	no data	no data	no data

6.1yrs

Average Tenure

49yo

Average Age

Experienced Management: JKH.N0000's management team is seasoned and experienced (6.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Krishan Niraj Balendra	Executive Chairman & CEO	8.3yrs	no data	2.13% LKR 7.3b
Joseph Gihan Cooray	Deputy Executive Chairman & Group Finance Director	8.3yrs	no data	0% LKR 0
Shridhir Sariputta Wijayasuriya	Independent Non-Executive Director	8.3yrs	no data	no data
Damian Cabraal	Non-Independent Non-Executive Director	11.3yrs	no data	0.018% LKR 62.8m
D V R Fernando	Independent Non-Executive Director	1.5yrs	no data	0.0032% LKR 10.8m
Ruchira Shukla	Independent Non-Executive Director	less than a year	no data	no data
Sharmini Coorey	Independent Non-Executive Director	2.1yrs	no data	no data
Hector Manil Jayesinghe	Independent Non-Executive Director	less than a year	no data	0.00032% LKR 1.1m

5.2yrs

Average Tenure

49yo

Average Age

Experienced Board: JKH.N0000's board of directors are considered experienced (5.2 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/01 01:12
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

John Keells Holdings PLC is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Atul Rastogi	CGS International
null null	CT CLSA Securities
Ranjan Ranatunga	First Capital Holdings PLC

John Keells Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

John Keells Holdings PLC Announces Board Committees Appointments

Key Executive recently sold LK₨56m worth of stock

Independent Non-Executive Director recently bought LK₨2.7m worth of stock

John Keells Holdings PLC Announces Retirement of Anthony Nihal Fonseka as Independent Non-Executive Director from the Board of Directors

John Keells Holdings PLC, Annual General Meeting, Jun 28, 2024

John Keells Holdings PLC, Annual General Meeting, Jun 28, 2024

Recent updates

John Keells Holdings PLC Announces Board Committees Appointments

Key Executive recently sold LK₨56m worth of stock

Price target decreased by 10% to LK₨22.46

Second quarter 2025 earnings released: EPS: LK₨0.91 (vs LK₨0.041 loss in 2Q 2024)

Price target decreased by 8.4% to LK₨232

Independent Non-Executive Director recently bought LK₨2.7m worth of stock

First quarter 2025 earnings released: LK₨0.58 loss per share (vs LK₨1.06 profit in 1Q 2024)

John Keells Holdings PLC Announces Retirement of Anthony Nihal Fonseka as Independent Non-Executive Director from the Board of Directors

New minor risk - Shareholder dilution

Upcoming dividend of LK₨0.50 per share

John Keells Holdings PLC, Annual General Meeting, Jun 28, 2024

Full year 2024 earnings released: EPS: LK₨8.06 (vs LK₨13.12 in FY 2023)

John Keells Holdings PLC, Annual General Meeting, Jun 28, 2024

Price target increased by 9.9% to LK₨243

Upcoming dividend of LK₨0.50 per share at 0.8% yield

Third quarter 2024 earnings released: EPS: LK₨2.15 (vs LK₨1.43 in 3Q 2023)

Price target increased by 10% to LK₨212

Second quarter 2024 earnings released

Price target increased by 7.6% to LK₨207

Investor sentiment improves as stock rises 16%

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: LK₨1.06 (vs LK₨8.14 in 1Q 2023)

John Keells Holdings PLC Announces Retirement of M P Perera as Independent Non-Executive Director

John Keells Holdings PLC, Annual General Meeting, Jun 30, 2023

Full year 2023 earnings released: EPS: LK₨13.12 (vs LK₨15.13 in FY 2022)

Price target increased by 7.1% to LK₨196

Third quarter 2023 earnings released: EPS: LK₨1.43 (vs LK₨3.72 in 3Q 2022)

Insufficient new directors

Upcoming dividend of LK₨1.00 per share

Second quarter 2023 earnings released: EPS: LK₨1.16 (vs LK₨2.17 in 2Q 2022)

Investor sentiment improved over the past week

Independent Non-Executive Director recently bought LK₨6.5m worth of stock

Independent Non-Executive Director recently bought LK₨6.2m worth of stock

Price target decreased to LK₨221

First quarter 2023 earnings released: EPS: LK₨8.14 (vs LK₨1.16 in 1Q 2022)

John Keells Holdings PLC, Annual General Meeting, Jun 24, 2022

Full year 2022 earnings released: EPS: LK₨15.13 (vs LK₨3.62 in FY 2021)

Price target increased to LK₨237

Insufficient new directors

Price target increased to LK₨226

Upcoming dividend of LK₨0.50 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

John Keells Holdings PLC announced that it expects to receive $80 million in funding from Asia Development Bank, Investment Arm

Independent Non-Executive Director recently bought LK₨7.3m worth of stock

Insufficient new directors

Upcoming dividend of LK₨0.50 per share

Second quarter 2022 earnings released: EPS LK₨2.17 (vs LK₨0.52 in 2Q 2021)

Independent Non-Executive Director recently bought LK₨7.2m worth of stock

Price target increased to LK₨211

First quarter 2022 earnings released: EPS LK₨1.16 (vs LK₨1.26 loss in 1Q 2021)

Upcoming dividend of LK₨0.50 per share

Full year 2021 earnings released: EPS LK₨3.62 (vs LK₨7.14 in FY 2020)

Adani Ports and Special Economic Zone Ltd. Bolsters its Global Footprint with Colombo Port's West Container Terminal Partnership Further Enhances Multi-Dimensional Strategic Relationship Between India and Sri Lanka

Price target raised to LK₨164

Upcoming Dividend of LK₨0.50 Per Share

Third quarter 2021 earnings released: EPS LK₨0.75 (vs LK₨1.82 in 3Q 2020)

New 90-day high: LK₨155

New 90-day high: LK₨153

New 90-day high: LK₨138

Upcoming Dividend of LK₨0.50 Per Share

Second quarter 2021 earnings released: EPS LK₨0.52

Independent Non Executive Director recently bought LK₨50m worth of stock

New 90-day high - LK₨136

Independent Non Executive Director recently sold LK₨5.4m worth of stock

Price target lowered to LK₨133

Independent Non Executive Director recently bought LK₨97m worth of stock

New 90-day high - LK₨134

CEO

Tenure