Hayleys Fabric Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Eranga Rohan Goonetilleke

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	1.1yrs
CEO ownership	n/a
Management average tenure	1.1yrs
Board average tenure	5.2yrs

Recent management updates

Recent updates

CEO

Eranga Rohan Goonetilleke (71 yo)

1.1yrs

Tenure

Mr. Eranga Rohan Peiris Goonetilleke serves as the Chief Executive Officer and Managing Director at Hayleys Fabric plc (a/k/a, Hayleys MGT Knitting Mills PLC) since March 1, 2013. He joined Hayleys Fabric...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Abeyakumar Pandithage	Executive Chairman	17.6yrs	no data	no data
Eranga Rohan Goonetilleke	MD, CEO & Executive Director	1.1yrs	no data	no data
I. B. Ruwan Bandara	CFO, Director of Finance & ESG and Executive Director	12.9yrs	no data	0.0048% LKR 1.0m
K. Prasanna C. P. Pathirana	Director of Human Resources & Administration and Executive Director	no data	no data	0.00048% LKR 102.7k
Malith Jayasinghe	Director of Sales & Marketing and Executive Director	no data	no data	no data
Chaminda Kottegoda	Head of Finishing	no data	no data	no data
Buddhika Perera	Financial Controller	no data	no data	no data

1.1yrs

Average Tenure

Experienced Management: MGT.N0000's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Abeyakumar Pandithage	Executive Chairman	17.6yrs	no data	no data
Eranga Rohan Goonetilleke	MD, CEO & Executive Director	11.9yrs	no data	no data
I. B. Ruwan Bandara	CFO, Director of Finance & ESG and Executive Director	6.8yrs	no data	0.0048% LKR 1.0m
K. Prasanna C. P. Pathirana	Director of Human Resources & Administration and Executive Director	4.5yrs	no data	0.00048% LKR 102.7k
Malith Jayasinghe	Director of Sales & Marketing and Executive Director	5.8yrs	no data	no data
Meemanage Nanda Fernando	Independent Non-Executive Director	1.1yrs	no data	no data
Haresh Somashantha	Independent Non Executive-Director	13yrs	no data	0.0096% LKR 2.1m
Nandana Ekanayake	Senior Independent Director	1.1yrs	no data	no data
Sarath Ganegoda	Non-Executive Director	15.3yrs	no data	0.13% LKR 27.0m
Saumya Amarasekera	Independent Non-Executive Director	1.1yrs	no data	0.024% LKR 5.0m
Kulappu Arachchige Brindhiini Perera	Non-Executive Director	2.3yrs	no data	no data
Andrew Mason	Independent Non-Executive Director	1.1yrs	no data	no data

5.2yrs

Average Tenure

71yo

Average Age

Experienced Board: MGT.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	2025/02/12 19:30
End of Day Share Price	2025/02/11 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.

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 Github.

Analyst Sources

Hayleys Fabric PLC is covered by 3 analysts. 3 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
Nakrushan Chithrasenan	Asia Securities (Private) Limited
null null	CT CLSA Securities
Zaeema Jihan	First Capital Holdings PLC

Hayleys Fabric Management

Management criteria checks 1/4

Key information

Recent management updates

Independent Non-Executive Director recently sold LK₨2.2m worth of stock

Hayleys Fabric PLC, Annual General Meeting, Jun 25, 2024

Independent Non-Executive Director recently bought LK₨415k worth of stock

Independent Non-Executive Director recently sold LK₨968k worth of stock

Independent Non-Executive Director recently sold LK₨2.2m worth of stock

Independent Non-Executive Director recently bought LK₨344k worth of stock

Recent updates

Second quarter dividend of LK₨0.25 announced

Second quarter 2025 earnings released: EPS: US$0.005 (vs US$0.007 in 2Q 2024)

First quarter dividend of LK₨0.85 announced

First quarter 2025 earnings released: EPS: US$0.006 (vs US$0.007 in 1Q 2024)

Fourth quarter dividend of LK₨0.40 announced

Independent Non-Executive Director recently sold LK₨2.2m worth of stock

Hayleys Fabric PLC, Annual General Meeting, Jun 25, 2024

Full year 2024 earnings released: EPS: US$0.019 (vs US$0.003 in FY 2023)

Upcoming dividend of LK₨0.25 per share

Price target increased by 8.3% to LK₨65.00

Third quarter 2024 earnings released: EPS: US$0.004 (vs US$0.012 loss in 3Q 2023)

Independent Non-Executive Director recently bought LK₨415k worth of stock

Second quarter 2024 earnings released: EPS: US$0.007 (vs US$0.003 in 2Q 2023)

Independent Non-Executive Director recently sold LK₨968k worth of stock

Independent Non-Executive Director recently sold LK₨2.2m worth of stock

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.007 (vs US$0.011 in 1Q 2023)

Price target decreased by 13% to LK₨35.00

Independent Non-Executive Director recently bought LK₨344k worth of stock

Independent Non-Executive Director recently bought LK₨230k worth of stock

Upcoming dividend of LK₨0.10 per share at 6.7% yield

New major risk - Dividend sustainability

Hayleys Fabric PLC, Annual General Meeting, Jun 23, 2023

Full year 2023 earnings released: EPS: US$0.003 (vs US$0.031 in FY 2022)

Third quarter 2023 earnings released: US$0.012 loss per share (vs US$0.005 profit in 3Q 2022)

Now 22% undervalued

Investor sentiment improves as stock rises 19%

Independent Non-Executive Director recently bought LK₨100k worth of stock

Independent Non-Executive Director recently bought LK₨110k worth of stock

Independent Non-Executive Director recently bought LK₨75k worth of stock

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: US$0.003 (vs US$0.005 in 2Q 2022)

Hayleys Fabric PLC Appoints Donna Brindhini Perera as Non-Executive Director

Independent Non-Executive Director recently bought LK₨170k worth of stock

First quarter 2023 earnings released: EPS: US$0.011 (vs US$0.004 in 1Q 2022)

Investor sentiment improved over the past week

Upcoming dividend of LK₨1.00 per share

Hayleys Fabric PLC Proposes Final Dividend

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: US$0.031 (vs US$0.009 in FY 2021)

Price target increased to LK₨39.10

Less than half of directors are independent

Independent Non-Executive Director recently bought LK₨280k worth of stock

Upcoming dividend of LK₨0.30 per share

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Independent Non-Executive Director recently bought LK₨380k worth of stock

Investor sentiment improved over the past week

Price target increased to LK₨29.05

Investor sentiment improved over the past week

Non-Executive Director recently bought LK₨1.1m worth of stock

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS US$0.004 (vs US$0.001 in 1Q 2021)

Independent Non-Executive Director recently sold LK₨1.0m worth of stock

Independent Non-Executive Director recently sold LK₨570k worth of stock

Upcoming dividend of LK₨0.10 per share

Independent Non-Executive Director recently sold LK₨360k worth of stock

Upcoming Dividend of LK₨0.25 Per Share

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS US$0.007 (vs US$0.001 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: LK₨30.00

New 90-day high: LK₨27.40

Upcoming Dividend of LK₨0.45 Per Share

Second quarter 2021 earnings released: EPS US$0.005

Non-Executive Director recently bought LK₨329k worth of stock

Non-Executive Director recently bought LK₨354k worth of stock