Upcoming Dividend • Jun 26
Upcoming dividend of LK₨40.00 per share Eligible shareholders must have bought the stock before 03 July 2026. Payment date: 22 July 2026. Payout ratio is a comfortable 5.8% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Sri Lankan dividend payers (4.2%). Lower than average of industry peers (2.3%). Duyuru • Jun 25
Diesel & Motor Engineering PLC Declares Final Dividend for the Financial Year Ended March 31, 2026, Payable July 9, 2026 Diesel & Motor Engineering PLC declared final dividend of LKR 40 per share for the financial year ended March 31, 2026. Ex-dividend date is July 3, 2026. Record date is July 6, 2026 and the payment date is July 9, 2026. The dividend will be subject to advance income tax at 15%. Duyuru • Jun 04
Diesel & Motor Engineering PLC, Annual General Meeting, Jun 25, 2026 Diesel & Motor Engineering PLC, Annual General Meeting, Jun 25, 2026, at 08:00 Sri Lanka Standard Time. Location: at dimo 800, no. 800, sirimavo bandaranaike mawatha, colombo 14 Sri Lanka Reported Earnings • May 28
Full year 2026 earnings released: EPS: LK₨172 (vs LK₨137 loss in FY 2025) Full year 2026 results: EPS: LK₨172 (up from LK₨137 loss in FY 2025). Revenue: LK₨103.6b (up 107% from FY 2025). Net income: LK₨1.59b (up LK₨2.86b from FY 2025). Profit margin: 1.5% (up from net loss in FY 2025). The move to profitability 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 45% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to LK₨1,407, the stock trades at a trailing P/E ratio of 55.7x. Average trailing P/E is 13x in the Industrials industry in Sri Lanka. Total returns to shareholders of 230% over the past three years. New Risk • May 11
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 8.1% 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 Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 54% per year over the past 5 years. High level of non-cash earnings (37% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (LK₨15.6b market cap, or US$48.6m). Recent Insider Transactions • Apr 22
Executive Director recently bought LK₨15m worth of stock On the 17th of April, Charithe Pandithage bought around 10k shares on-market at roughly LK₨1,490 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought LK₨36m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 03
Third quarter 2026 earnings released: EPS: LK₨34.81 (vs LK₨7.85 loss in 3Q 2025) Third quarter 2026 results: EPS: LK₨34.81 (up from LK₨7.85 loss in 3Q 2025). Revenue: LK₨29.2b (up 102% from 3Q 2025). Net income: LK₨321.3m (up LK₨393.8m from 3Q 2025). Profit margin: 1.1% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 14
Second quarter 2026 earnings released: EPS: LK₨50.33 (vs LK₨10.95 in 2Q 2025) Second quarter 2026 results: EPS: LK₨50.33 (up from LK₨10.95 in 2Q 2025). Revenue: LK₨27.2b (up 136% from 2Q 2025). Net income: LK₨464.6m (up 360% from 2Q 2025). Profit margin: 1.7% (up from 0.9% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 152 percentage points per year, which is a significant difference in performance. New Risk • Sep 30
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 8.9% 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 Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 54% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (LK₨19.1b market cap, or US$63.2m). Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: LK₨30.79 (vs LK₨49.42 loss in 1Q 2025) First quarter 2026 results: EPS: LK₨30.79 (up from LK₨49.42 loss in 1Q 2025). Revenue: LK₨16.8b (up 68% from 1Q 2025). Net income: LK₨284.3m (up LK₨740.4m from 1Q 2025). Profit margin: 1.7% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 150 percentage points per year, which is a significant difference in performance. Duyuru • Jun 07
Diesel & Motor Engineering PLC, Annual General Meeting, Jun 30, 2025 Diesel & Motor Engineering PLC, Annual General Meeting, Jun 30, 2025, at 08:00 Sri Lanka Standard Time. Location: dimo 800, no.800, sirimavo bandaranaike mawatha, colombo 14, Sri Lanka Reported Earnings • Jun 03
Full year 2025 earnings released: LK₨137 loss per share (vs LK₨4.65 profit in FY 2024) Full year 2025 results: LK₨137 loss per share (down from LK₨4.65 profit in FY 2024). Revenue: LK₨50.2b (up 15% from FY 2024). Net loss: LK₨1.26b (down LK₨1.31b from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 155 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Apr 29
Executive Director recently bought LK₨12m worth of stock On the 24th of April, Charithe Pandithage bought around 12k shares on-market at roughly LK₨1,050 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 15
Third quarter 2025 earnings released: LK₨7.85 loss per share (vs LK₨60.28 profit in 3Q 2024) Third quarter 2025 results: LK₨7.85 loss per share (down from LK₨60.28 profit in 3Q 2024). Revenue: LK₨14.5b (down 9.0% from 3Q 2024). Net loss: LK₨72.4m (down 113% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: LK₨10.95 (vs LK₨19.67 loss in 2Q 2024) Second quarter 2025 results: EPS: LK₨10.95 (up from LK₨19.67 loss in 2Q 2024). Revenue: LK₨11.5b (up 12% from 2Q 2024). Net income: LK₨101.1m (up LK₨282.6m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 16
First quarter 2025 earnings released: LK₨49.42 loss per share (vs LK₨7.82 loss in 1Q 2024) First quarter 2025 results: LK₨49.42 loss per share (further deteriorated from LK₨7.82 loss in 1Q 2024). Revenue: LK₨10.0b (up 7.0% from 1Q 2024). Net loss: LK₨456.2m (loss widened LK₨384.0m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Duyuru • Jun 25
Diesel & Motor Engineering PLC, Annual General Meeting, Jul 16, 2024 Diesel & Motor Engineering PLC, Annual General Meeting, Jul 16, 2024, at 15:00 Sri Lanka Standard Time. Location: company at dimo 800, no.800, sirimavo bandaranaike mawatha, colombo 14, Sri Lanka Upcoming Dividend • Jun 25
Upcoming dividend of LK₨5.00 per share Eligible shareholders must have bought the stock before 02 July 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Sri Lankan dividend payers (7.7%). Lower than average of industry peers (2.7%). New Risk • Jun 23
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 4.9% 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 Interest payments are not well covered by earnings (1.1x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (LK₨6.20b market cap, or US$20.3m). Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: LK₨4.65 (vs LK₨62.73 in FY 2023) Full year 2024 results: EPS: LK₨4.65 (down from LK₨62.73 in FY 2023). Revenue: LK₨43.6b (up 24% from FY 2023). Net income: LK₨43.0m (down 93% from FY 2023). Profit margin: 0.1% (down from 1.6% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to LK₨607, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 16x in the Specialty Retail industry in Asia. Total returns to shareholders of 17% over the past three years. Reported Earnings • Feb 16
Third quarter 2024 earnings released: EPS: LK₨60.28 (vs LK₨24.15 loss in 3Q 2023) Third quarter 2024 results: EPS: LK₨60.28 (up from LK₨24.15 loss in 3Q 2023). Revenue: LK₨15.9b (up 53% from 3Q 2023). Net income: LK₨556.4m (up LK₨779.3m from 3Q 2023). Profit margin: 3.5% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 15
Second quarter 2024 earnings released: LK₨19.67 loss per share (vs LK₨55.03 profit in 2Q 2023) Second quarter 2024 results: LK₨19.67 loss per share (down from LK₨55.03 profit in 2Q 2023). Revenue: LK₨10.3b (up 18% from 2Q 2023). Net loss: LK₨181.6m (down 136% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Aug 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.1% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (LK₨5.49b market cap, or US$17.1m). Reported Earnings • Aug 15
First quarter 2024 earnings released: LK₨7.82 loss per share (vs LK₨10.72 profit in 1Q 2023) First quarter 2024 results: LK₨7.82 loss per share (down from LK₨10.72 profit in 1Q 2023). Revenue: LK₨9.36b (up 23% from 1Q 2023). Net loss: LK₨72.2m (down 173% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Duyuru • Jun 07
Diesel & Motor Engineering PLC, Annual General Meeting, Jun 27, 2023 Diesel & Motor Engineering PLC, Annual General Meeting, Jun 27, 2023, at 08:30 Sri Lanka Standard Time. Location: DIMO 800, Sirimavo Bandaranaike Mawatha Colombo Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors and Audited Financial Statements for the Year Ended 31st March 2023 with the Report of the Auditors thereon; to re-elect Mr. Aruna Gahanath Pandithage, Director, who retires by rotation in terms of Article 66 of the Articles of Association of the Company; to re-elect Mr. Charithe Rajeev Pandithage, Director, who retires by rotation in terms of Article 66 of the Articles of Association of the Company; to re-elect Dr. Harsha Cabral, Director, who retires by rotation in terms of Article 66 of the Articles of Association of the Company; to re-elect Mr. Mudiyanselage Vijitha Bandara, Director, who retires by rotation in terms of Article 66 of the Articles of Association of the Company; to re-appoint as a Director Mr. Asoka Ranjith Pandithage, who is over the age of 70 years and who vacates his office in terms of Section 210 of the Companies Act No.07 of 2007 (the Act); and to consider other matters. Upcoming Dividend • Jun 05
Upcoming dividend of LK₨10.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 04 July 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Sri Lankan dividend payers (9.2%). Higher than average of industry peers (2.2%). Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: LK₨62.73 (vs LK₨76.06 in FY 2022) Full year 2023 results: EPS: LK₨62.73 (down from LK₨76.06 in FY 2022). Revenue: LK₨35.3b (down 5.9% from FY 2022). Net income: LK₨579.1m (down 18% from FY 2022). Profit margin: 1.6% (down from 1.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Apr 29
Insider recently bought LK₨2.5m worth of stock On the 26th of April, C. Pandithage bought around 6k shares on-market at roughly LK₨452 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 14
Third quarter 2023 earnings released: LK₨24.15 loss per share (vs LK₨48.58 profit in 3Q 2022) Third quarter 2023 results: LK₨24.15 loss per share (down from LK₨48.58 profit in 3Q 2022). Revenue: LK₨10.4b (up 15% from 3Q 2022). Net loss: LK₨222.9m (down 150% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 19
Second quarter 2023 earnings released: EPS: LK₨55.03 (vs LK₨60.97 in 2Q 2022) Second quarter 2023 results: EPS: LK₨55.03 (down from LK₨60.97 in 2Q 2022). Revenue: LK₨8.76b (down 18% from 2Q 2022). Net income: LK₨508.0m (down 9.7% from 2Q 2022). Profit margin: 5.8% (up from 5.3% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 18% share price gain to LK₨702, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 159% over the past three years. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improved over the past week After last week's 16% share price gain to LK₨556, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 105% over the past three years. Reported Earnings • Aug 17
First quarter 2023 earnings released: EPS: LK₨10.72 (vs LK₨10.77 in 1Q 2022) First quarter 2023 results: EPS: LK₨10.72 (down from LK₨10.77 in 1Q 2022). Revenue: LK₨7.60b (down 1.2% from 1Q 2022). Net income: LK₨98.9m (flat on 1Q 2022). Profit margin: 1.3% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: LK₨76.06 (vs LK₨52.72 in FY 2021) Full year 2022 results: EPS: LK₨76.06 (up from LK₨52.72 in FY 2021). Revenue: LK₨37.5b (up 22% from FY 2021). Net income: LK₨702.1m (up 44% from FY 2021). Profit margin: 1.9% (up from 1.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Duyuru • May 27
Orhan Yilmaz acquired 94.45% stake in Tropical Health Food (Private) Limited from Diesel & Motor Engineering PLC (COSE:DIMO.N0000) for approximately LKR 450 million. Orhan Yilmaz acquired 94.45% stake in Tropical Health Food (Private) Limited from Diesel & Motor Engineering PLC (COSE:DIMO.N0000) for approximately LKR 450 million on May 25, 2022.
Orhan Yilmaz completed the acquisition of 94.45% stake in Tropical Health Food (Private) Limited from Diesel & Motor Engineering PLC (COSE:DIMO.N0000) for approximately LKR 450 million on May 25, 2022. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Non-Executive Director Jayantha De Silva was the last independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorated over the past week After last week's 24% share price decline to LK₨543, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 92% over the past three years. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 19% share price decline to LK₨730, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 154% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to LK₨907, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 206% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: LK₨48.58 (up from LK₨3.06 in 3Q 2021). Revenue: LK₨9.03b (up 20% from 3Q 2021). Net income: LK₨448.5m (up LK₨420.2m from 3Q 2021). Profit margin: 5.0% (up from 0.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improved over the past week After last week's 17% share price gain to LK₨1,390, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 328% over the past three years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 28% share price gain to LK₨674, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 14x in the Specialty Retail industry in Asia. Total returns to shareholders of 108% over the past three years. Reported Earnings • Nov 17
Second quarter 2022 earnings released: EPS LK₨60.97 (vs LK₨51.29 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: LK₨10.6b (up 16% from 2Q 2021). Net income: LK₨562.8m (up 19% from 2Q 2021). Profit margin: 5.3% (up from 5.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 10
Diesel & Motor Engineering PLC Announces Retirement of Ajit Nimal Algama as Executive Director Diesel & Motor Engineering PLC announced the retirement of Mr. Ajit Nimal Algama as an Executive Director, with effective from March 8, 2021. Executive Departure • Mar 10
Executive Director has left the company On the 8th of March, Ajit Algama's tenure in the role of Executive Director ended. As of December 2020, Ajit personally held 213.74k shares (LK₨132m worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS LK₨3.19 (vs LK₨13.04 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: LK₨7.52b (down 20% from 3Q 2020). Net income: LK₨28.3m (down 76% from 3Q 2020). Profit margin: 0.4% (down from 1.2% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year. Is New 90 Day High Low • Jan 22
New 90-day high: LK₨625 The company is up 79% from its price of LK₨350 on 23 October 2020. The Sri Lankan market is up 40% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 36% over the same period. Upcoming Dividend • Jan 11
Upcoming Dividend of LK₨2.50 Per Share Will be paid on the 29th of January to those who are registered shareholders by the 18th of January. The company last paid an ordinary dividend in June 2019. The average dividend yield among industry peers is 1.4%. Is New 90 Day High Low • Dec 23
New 90-day high: LK₨510 The company is up 38% from its price of LK₨370 on 24 September 2020. The Sri Lankan market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 23% over the same period. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 19% share price gain to LK₨510, the stock is trading at a trailing P/E ratio of 5.7x, up from the previous P/E ratio of 4.8x. This compares to an average P/E of 17x in the Specialty Retail industry in Asia. Total returns to shareholders over the past three years are 9.5%. Reported Earnings • Nov 21
Second quarter 2021 earnings released: EPS LK₨53.34 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: LK₨9.17b (up 8.5% from 2Q 2020). Net income: LK₨473.5m (up LK₨427.2m from 2Q 2020). Profit margin: 5.2% (up from 0.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Nov 17
Market bids up stock over the past week After last week's 32% share price gain to LK₨450, the stock is trading at a trailing P/E ratio of 10.9x, up from the previous P/E ratio of 8.3x. This compares to an average P/E of 17x in the Specialty Retail industry in Asia. Total return to shareholders over the past three years is a loss of 5.3%. Is New 90 Day High Low • Nov 14
New 90-day high: LK₨400 The company is up 42% from its price of LK₨281 on 14 August 2020. The Sri Lankan market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 17% over the same period. Valuation Update With 7 Day Price Move • Nov 14
Market bids up stock over the past week After last week's 16% share price gain to LK₨400, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 8.4x. This compares to an average P/E of 18x in the Specialty Retail industry in Asia. Total return to shareholders over the past three years is a loss of 16%. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 17% share price gain to LK₨370, the stock is trading at a trailing P/E ratio of 9x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 17x in the Specialty Retail industry in Asia. Total return to shareholders over the past three years is a loss of 24%. Duyuru • Sep 16
Dimo Launches Power Panel Manufacturing Plant At Dimo Logistics Centre Diesel & Motor Engineering PLC (DIMO) has successfully launched its own power panel manufacturing plant in Weliweriya DIMO Logistics Centre. DIMO commenced manufacturing their own electrical power panels two years ago, mainly to cater the electrical projects secured by various divisions of the company. DIMO have successfully achieved a stride by expanding its operations into the manufacturing of low voltage electrical panels, adhering to the highest international standards to cater to the local and international market. This venture includes providing electrical panel solutions for commercial, industrial and infrastructure projects and many more. The product solutions provided consist of manufacturing, supply, installation and commissioning of high quality Power Distribution Panels, ATS/AMF/Changeover Panels, Power Factor Correction Capacitor Bank, Motor Control Panels and PLC based automated systems panels. The companys vast clientele currently includes MEP contractors, Civil Construction Companies and high end corporate and government clients such as Brandix, Hirdaramani, Access PLC, Polytex and Sri Lanka Navy. As another initiative to elevate the manufacturing industry of the nation, this new exciting business venture for DIMO expects to cater to the foreign clientele in the near future and are currently working with an ongoing Maldivian project. As of now, the company has succeeded in completing over 65 free standing panels and more than 350 wall mounting panels for major projects across the country. 
