Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to LK₨563, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 12x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to LK₨837, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 12x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 193% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to LK₨1,069, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 11x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 197% over the past three years. Announcement • Nov 19
Senkadagala Finance PLC has filed a Follow-on Equity Offering. Senkadagala Finance PLC has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,313,992
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to LK₨1,272, the stock trades at a trailing P/E ratio of 57.5x. Average trailing P/E is 14x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 254% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to LK₨526, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 14x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to LK₨578, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 12x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 46% over the past three years. New Risk • Aug 29
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 6.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (63% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to LK₨557, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 11x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 26% over the past three years. Reported Earnings • Aug 16
First quarter 2026 earnings released: EPS: LK₨5.98 (vs LK₨4.40 in 1Q 2025) First quarter 2026 results: EPS: LK₨5.98 (up from LK₨4.40 in 1Q 2025). Revenue: LK₨1.95b (up 53% from 1Q 2025). Net income: LK₨515.8m (up 36% from 1Q 2025). Profit margin: 26% (down from 30% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 31
Upcoming dividend of LK₨2.80 per share Eligible shareholders must have bought the stock before 06 August 2025. Payment date: 26 August 2025. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Sri Lankan dividend payers (4.7%). Lower than average of industry peers (3.4%). Reported Earnings • Jul 18
Full year 2025 earnings released: EPS: LK₨20.54 (vs LK₨15.81 in FY 2024) Full year 2025 results: EPS: LK₨20.54 (up from LK₨15.81 in FY 2024). Revenue: LK₨6.13b (up 39% from FY 2024). Net income: LK₨1.77b (up 30% from FY 2024). Profit margin: 29% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • Jul 17
Dividend increased to LK₨2.80 Dividend of LK₨2.80 is 56% higher than last year. Ex-date: 6th August 2025 Payment date: 26th August 2025 Dividend yield will be 0.5%, which is lower than the industry average of 5.3%. Announcement • Jul 16
Senkadagala Finance PLC announces Annual dividend, payable on August 26, 2025 Senkadagala Finance PLC announced Annual dividend of LKR 2.8000 per share payable on August 26, 2025, ex-date on August 06, 2025 and record date on August 07, 2025. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to LK₨550, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 10x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 41% over the past three years. Announcement • Jul 16
Senkadagala Finance PLC, Annual General Meeting, Aug 05, 2025 Senkadagala Finance PLC, Annual General Meeting, Aug 05, 2025, at 10:30 Sri Lanka Standard Time. Reported Earnings • Jun 03
Full year 2025 earnings released: EPS: LK₨21.05 (vs LK₨15.81 in FY 2024) Full year 2025 results: EPS: LK₨21.05 (up from LK₨15.81 in FY 2024). Revenue: LK₨6.29b (up 43% from FY 2024). Net income: LK₨1.82b (up 33% from FY 2024). Profit margin: 29% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 30
Full year 2025 earnings released: EPS: LK₨21.05 (vs LK₨15.81 in FY 2024) Full year 2025 results: EPS: LK₨21.05 (up from LK₨15.81 in FY 2024). Revenue: LK₨6.29b (up 43% from FY 2024). Net income: LK₨1.82b (up 33% from FY 2024). Profit margin: 29% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. New Risk • May 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. 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). Shares are highly illiquid. High level of non-cash earnings (46% accrual ratio). Announcement • Mar 12
Senkadagala Finance PLC Announces Retirement of Sanath Divale Bandaranayake as an Executive Director Senkadagala Finance PLC announced Retirement of Mr. Sanath Divale Bandaranayake as an Executive Director from the board of directors with effect from 8 March, 2025 upon reaching age of 72 years. The retirement has been duly notified to the board of directors of the company and also the central bank of Sri Lanka acknowledged the same on 10 March, 2025. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to LK₨410, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 7x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 17% over the past three years. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: LK₨7.62 (vs LK₨4.22 in 3Q 2024) Third quarter 2025 results: EPS: LK₨7.62 (up from LK₨4.22 in 3Q 2024). Revenue: LK₨2.10b (up 71% from 3Q 2024). Net income: LK₨657.1m (up 81% from 3Q 2024). Profit margin: 31% (up from 30% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: LK₨4.54 (vs LK₨3.27 in 2Q 2024) Second quarter 2025 results: EPS: LK₨4.54 (up from LK₨3.27 in 2Q 2024). Revenue: LK₨1.51b (up 44% from 2Q 2024). Net income: LK₨391.7m (up 39% from 2Q 2024). Profit margin: 26% (down from 27% in 2Q 2024). The decrease in margin was driven by higher expenses. New Risk • Sep 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: LK₨30.2b (US$100.0m) This is considered a minor 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 Risk Shares are highly illiquid. Minor Risks High level of debt (54% net debt to equity). Market cap is less than US$100m (LK₨30.2b market cap, or US$100.0m). Reported Earnings • Aug 06
First quarter 2025 earnings released: EPS: LK₨4.40 (vs LK₨0.69 in 1Q 2024) First quarter 2025 results: EPS: LK₨4.40 (up from LK₨0.69 in 1Q 2024). Revenue: LK₨1.32b (up 96% from 1Q 2024). Net income: LK₨379.3m (up LK₨319.5m from 1Q 2024). Profit margin: 29% (up from 8.9% in 1Q 2024). The increase in margin was driven by higher revenue. Declared Dividend • Jul 15
Dividend of LK₨1.80 announced Shareholders will receive a dividend of LK₨1.80. Ex-date: 6th August 2024 Payment date: 26th August 2024 Dividend yield will be 0.4%, which is lower than the industry average of 5.3%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 0.748%. Announcement • Jul 13
Senkadagala Finance PLC, Annual General Meeting, Aug 05, 2024 Senkadagala Finance PLC, Annual General Meeting, Aug 05, 2024, at 10:30 Sri Lanka Standard Time. Announcement • Jun 19
Senkadagala Finance PLC Announces Change of Company Secretary Senkadagala Finance PLC announced that Directions, Ms. Jayaweera Arachchige Himasha Vindiya Ranasinghe was appointed the Company Secretary with effect from 14th June 2024 in place of Corporate Services (Private) Limited, whose resignation as Company Secretaries is effective from 14th June 2024. Reported Earnings • Feb 09
Third quarter 2024 earnings released: EPS: LK₨4.22 (vs LK₨3.69 in 3Q 2023) Third quarter 2024 results: EPS: LK₨4.22 (up from LK₨3.69 in 3Q 2023). Revenue: LK₨1.25b (up 29% from 3Q 2023). Net income: LK₨363.7m (up 14% from 3Q 2023). Profit margin: 29% (down from 33% in 3Q 2023). The decrease in margin was driven by higher expenses. Board Change • Dec 28
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. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Roshan Perera was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to LK₨401, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 8x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 10% over the past year. Reported Earnings • Nov 15
Second quarter 2024 earnings released: EPS: LK₨3.27 (vs LK₨1.36 in 2Q 2023) Second quarter 2024 results: EPS: LK₨3.27 (up from LK₨1.36 in 2Q 2023). Revenue: LK₨1.08b (up 60% from 2Q 2023). Net income: LK₨282.5m (up 144% from 2Q 2023). Profit margin: 26% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. New Risk • Oct 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: LK₨32.6b (US$99.7m) This is considered a minor 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 Risk Earnings have declined by 2.1% per year over the past 5 years. Minor Risks High level of debt (148% net debt to equity). Profit margins are more than 30% lower than last year (17% net profit margin). Market cap is less than US$100m (LK₨32.6b market cap, or US$99.7m). Board Change • Oct 30
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. 5 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Roshan Perera was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 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. 5 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Roshan Perera was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Sep 12
Senkadagala Finance plc Announces Retirement of Dr. Asoka Balasuriya from the Position of the Executive Director Senkadagala Finance PLC informed that the retirement of Dr. Asoka Balasuriya from the position of the Executive Director of the company upon reaching the age 70 on 16th August 2023 in terms of the Finance Business Act Direction No. 05 of 2021 (Corporate Governance Direction). Approval of the Central Bank of Sri Lanka has been received for his retirement by their letter dated 4th September 2023. New Risk • Aug 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 40% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 2.1% per year over the past 5 years. Minor Risks High level of debt (148% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (18% net profit margin). Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to LK₨420, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 7x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 15% over the past year. Upcoming Dividend • Aug 09
Upcoming dividend of LK₨0.65 per share at 0.1% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of Sri Lankan dividend payers (7.4%). Lower than average of industry peers (4.9%). Reported Earnings • Jul 28
Full year 2023 earnings released: EPS: LK₨5.54 (vs LK₨11.30 in FY 2022) Full year 2023 results: EPS: LK₨5.54 (down from LK₨11.30 in FY 2022). Revenue: LK₨2.79b (down 15% from FY 2022). Net income: LK₨477.9m (down 49% from FY 2022). Profit margin: 17% (down from 28% in FY 2022). The decrease in margin was driven by lower revenue. Announcement • Jul 28
Senkadagala Finance PLC, Annual General Meeting, Aug 15, 2023 Senkadagala Finance PLC, Annual General Meeting, Aug 15, 2023, at 10:00 Sri Lanka Standard Time. Agenda: To consider the Annual Report of the Board of Directors together with the Financial Statements of the Company for the year ended 31st March 2023 and the Report of the Auditors thereon; to consider and declare a final dividend* of Sri Lankan Rupees Fifty Six Million Eighty One Thousand Eight Hundred Ninety Two and Cents Ten only (LKR 56,081,892.10 ) at the rate of Sri Lankan Rupees Cents Sixty Five (LKR 0.65) per share to the shareholders of the Company as recommended by the Board of Directors; to consider the re-appointment of Mr S D Bandaranayake, who has reached the age of Seventy 70 years; to consider re-appoint Messrs KPMG, Chartered Accountants, as Auditors of the Company and to authorize the Directors to determine their remuneration; and to consider authorize the Board of Directors to determine donations for the year 2023/2024. Announcement • Jul 27
Senkadagala Finance PLC Proposes Final Dividend Senkadagala Finance PLC proposed final dividend of LKR 56,081,892.10 at the rate of LKR 0.65 per share to the shareholders of the Company as recommended by the Board of Directors. Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to LK₨375, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 7x in the Consumer Finance industry in Sri Lanka. Total returns to shareholders of 1.3% over the past year. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to LK₨370, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 7x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 5.7% over the past year. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: LK₨5.66 (vs LK₨11.30 in FY 2022) Full year 2023 results: EPS: LK₨5.66 (down from LK₨11.30 in FY 2022). Revenue: LK₨2.88b (down 12% from FY 2022). Net income: LK₨488.4m (down 48% from FY 2022). Profit margin: 17% (down from 28% in FY 2022). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to LK₨360, the stock trades at a trailing P/E ratio of 33.9x. Average trailing P/E is 5x in the Consumer Finance industry in Sri Lanka. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to LK₨370, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 5x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 31% over the past year. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to LK₨350, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 5x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 35% over the past year. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to LK₨366, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 4x in the Consumer Finance industry in Sri Lanka. Total loss to shareholders of 29% over the past year. Reported Earnings • Feb 17
Third quarter 2023 earnings released: EPS: LK₨3.69 (vs LK₨4.67 in 3Q 2022) Third quarter 2023 results: EPS: LK₨3.69 (down from LK₨4.67 in 3Q 2022). Revenue: LK₨966.4m (down 4.6% from 3Q 2022). Net income: LK₨318.0m (down 15% from 3Q 2022). Profit margin: 33% (down from 37% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • Nov 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to LK₨300, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 4x in the Consumer Finance industry in Sri Lanka. Reported Earnings • Nov 01
Second quarter 2023 earnings released: EPS: LK₨1.36 (vs LK₨3.25 in 2Q 2022) Second quarter 2023 results: EPS: LK₨1.36 (down from LK₨3.25 in 2Q 2022). Revenue: LK₨732.5m (flat on 2Q 2022). Net income: LK₨116.0m (down 53% from 2Q 2022). Profit margin: 16% (down from 34% in 2Q 2022). Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improved over the past week After last week's 22% share price gain to LK₨445, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 4x in the Consumer Finance industry in Sri Lanka. Upcoming Dividend • Aug 25
Upcoming dividend of LK₨1.40 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 21 September 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Sri Lankan dividend payers (7.9%). Lower than average of industry peers (6.1%). Announcement • Aug 03
Senkadagala Finance PLC Proposes Final Dividend Senkadagala Finance PLC at its AGM to be held on August 31, 2022, to declare final dividend of LKR 120,791,767.60 (LKR 1.40 per share) to the shareholders of the Company as recommended by the Board of Directors. Reported Earnings • Aug 03
Full year 2022 earnings released: EPS: LK₨11.30 (vs LK₨8.14 in FY 2021) Full year 2022 results: EPS: LK₨11.30 (up from LK₨8.14 in FY 2021). Revenue: LK₨3.27b (up 23% from FY 2021). Net income: LK₨929.6m (up 58% from FY 2021). Profit margin: 28% (up from 22% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 60% per year, which means it is well ahead of earnings. Announcement • Jul 02
Senkadagala Finance PLC, Annual General Meeting, Aug 31, 2022 Senkadagala Finance PLC, Annual General Meeting, Aug 31, 2022. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 23% share price gain to LK₨394, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 4x in the Consumer Finance industry in Sri Lanka. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: LK₨10.57 (vs LK₨8.14 in FY 2021) Full year 2022 results: EPS: LK₨10.57 (up from LK₨8.14 in FY 2021). Revenue: LK₨3.24b (up 22% from FY 2021). Net income: LK₨850.3m (up 44% from FY 2021). Profit margin: 26% (up from 22% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 25% share price decline to LK₨320, the stock trades at a trailing P/E ratio of 42.1x. Average trailing P/E is 5x in the Consumer Finance industry in Sri Lanka. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to LK₨475, the stock trades at a trailing P/E ratio of 62.5x. Average trailing P/E is 7x in the Consumer Finance industry in Sri Lanka. Reported Earnings • Feb 15
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: LK₨4.67 (up from LK₨3.78 in 3Q 2021). Revenue: LK₨1.04b (up 30% from 3Q 2021). Net income: LK₨373.9m (up 36% from 3Q 2021). Profit margin: 36% (up from 34% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.