GALLE FACE CAPITAL PARTNERS PLC INTERIM FINANCIAL STATEMENTS - FOR THE PERIOD ENDED 30TH JUNE 2026 CONTENT:
Statement of Profit or Loss and Other Comprehensive Income -1
Statement of Financial Position -2 Statement of Changes in Equity -3 Statement of Cash Flows -4
Notes to the Financial Statements -5-6
Largest Shareholders -7
Corporate Information -8
The above figures are provisional and subject to audit.
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.
Figures in brackets indicate deductions.
The above figures are provisional and subject to audit.
Figures in brackets indicate deductions.
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Basis of Preparation
The Interim Financial Statements of Galle Face Capital Partners PLC has been prepared in compliance with Sri Lanka Accounting Standard LKAS 34 - Interim Financial Reporting and are subject to audit. These Interim Financial Statements are to be read in conjunction with the Annual Financial Statements for the year ended 31st March 2025.
The turnover consists of dividend and profit/loss on sale of shares. The profit/loss is computed based on the sales proceed less opening period carrying value (Market Value) of the securities.
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Comparative Figures
The presentation and classification of figures for the corresponding period of the previous year have been rearranged where relevant, to be comparable with those for the current period. Net Assets per Share has been calculated by dividing net assets as at 30th June 2026 by total number of Ordinary Shares as at the same date.
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Stated Capital
The stated capital consists of 118,328,116 (31st March 2026 - 118,328,116) voting shares issuedas at 30th June 2026.
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Earnings Per Share
Earnings per share have been calculated by dividing profit attributable to ordinary equity holders (excluding non-controlling interest) by the weighted average number of ordinary shares outstanding during the period, as given in LKAS 33. Comparative figures have been restated in compliance with LKAS 33.
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Market Price per Share
Market prices for the quarter ended were:
NOTES TO THE FINANCIAL STATEMENTS CONTED..30.06.26
Rs.
31.03.26
Rs.
Lowest
21.20
21.00
Highest
27.80
142.00
Last traded price
22.90
24.50
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Public Shareholding
The percentage of shares held by the public as at 30th June 2026 was Voting - 33.13%. The number of voting shareholders representing the public holding was 3,556 as at 30th June 2026. The float adjusted market capitalization was Rs. 898Mn as at 30th June 2026. The company has over 20% public shareholding and over 500 public shareholders meeting the minimum thresholds for compliance on minimum public holding under the option "5" of Section 7.13.1 (a) of continuing listing requirements.
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Directors' Shareholding
The directors' shareholdings are as follows:
Name
As at 30th June 2026
As at 31st March 2026
Mr. S.V. Rajiyah - (Joint with Mrs.J.J.B.A.Rajiyah)
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Mr. K. Liyanagamage
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Mr. M.S. Dominic
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Mr. K.G. Vairavanathan
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Mr.M. A. Ratnasabapathy
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Significant Events and Transactions
There were no significant events & transactions occurred during the period ended 30th June 2026, which requires disclosure to the Interim Financial Statements.
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Contingent Liabilities
There is no change in the nature of the contingent liabilities as at 30th June 2026 as compared to the contingent liabilities which were disclosed in the accounts for the year ended 31st March 2025.
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Events Occurring after the Reporting Date
There are no material events that have taken place subsequent to the reporting date which require disclosures to the Financial Statements.
- Investments - Measured at Fair Value through Profit or Loss
The Company has invested in listed equity securities. The fair value of quoted equity shares is determined with reference to published prices in the active market.
GALLE FACE CAPITAL PARTNERS PLC 20 Largest Shareholders No. Name Voting as at 30.06.2026 Voting as at 31.03.2026 No. of Shares % No. of Shares % | |||||
1 | Ceylon Land & Equity Plc | 35,548,476 | 30.04% | 32,848,476 | 27.76% |
2 | Renuka Investments Ltd | 25,556,296 | 21.60% | 28,256,296 | 23.88% |
3 | Hatton National Bank Plc / Almas Holdings | 15,876,992 | 13.42% | 16,117,434 | 13.62% |
(Pvt) Ltd | |||||
Almas Holdings (Pvt) Ltd | 613,500 | 0.52% | 1,009,400 | 0.85% | |
4 | Peoples Leasing & Finance Plc / Mrs. | 2,005,692 | 1.70% | 2,005,692 | 1.70% |
C.M.Dissanayake | |||||
5 | The Cargo Boat Investment Company Ltd | 1,371,752 | 1.16% | 1,371,752 | 1.16% |
6 | Peoples Leasing & Finance PLC / Mr. | 1,211,248 | 1.02% | 1,200,168 | 1.01% |
K.K.Shujeevan | |||||
7 | MAC Holdings (Pvt) Ltd | 619,200 | 0.52% | 614,200 | 0.52% |
8 | Mr. K.L. Yeoh | 580,000 | 0.49% | 580,000 | 0.49% |
9 | Commercial Bank of Ceylon Plc / G.S.N.Peiris | 552,992 | 0.47% | 552,992 | 0.47% |
10 | Mr. M.D.S. Goonatilleke | 532,000 | 0.45% | 532,000 | 0.45% |
11 | Peoples Leasing & Finance Plc / Nagoya | 460,608 | 0.39% | 460,608 | 0.39% |
Ceylon Trading (Pvt) Ltd | |||||
12 | Mr. A.U.S.P. Perera | 460,000 | 0.39% | 460,000 | 0.39% |
13 | Senkadagala Finance Plc / R.M.S.P.R | 450,000 | 0.38% | 450,000 | 0.38% |
Bandara | |||||
14 | Senkadagala Finance Plc / B.S.A.Mendis | 438,080 | 0.37% | ||
15 | Hatton National Bank Plc / R.E. Rambukwelle | 418,000 | 0.35% | 424,000 | 0.36% |
16 | Peoples Leasing & Finance Plc / | 407,667 | 0.34% | 432,667 | 0.37% |
L.P.Hapangama | |||||
17 | Seylan Bank Plc / P.S. Weerasekara | 402,700 | 0.34% | 402,700 | 0.34% |
18 | Mr. V.C. Mathani / Mrs. V.C. Mathani | 401,978 | 0.34% | ||
19 | Sampath Bank Plc / Mr.G.S.N.Peiris / Mrs. | 400,000 | 0.34% | ||
I.R.Peiris | |||||
20 | Peoples Leasing & Finance Plc / Mr. | 394,800 | 0.33% | ||
M.D.M.P.Dissanayake | |||||
88,701,981 | 74.96% | 87,718,385 | 74.13% | ||
Galle Face Capital Partners PLC
Registration No.PQ 49
Legal FormQuoted Public Company with Limited Liability
Principal ActivityInvestment
Board of Directors Mr. S. V. Rajiyah Mr. M.S. Dominic Mr. K LiyanagamageMr. K.G. Vairavanathan Mr. M.R.Ratnasabapathy
Audit CommitteeMr. M. R. Ratnasabapathy - Chairman Mr. K.G.Vairavanathan
Mr. M.S.Dominic
Related Party Transactions review CommitteeMr. M. R. Ratnasabapathy - Chairman Mr. K.G.Vairavanathan
Mr. M.S.Dominic
Remuneration Committee Mr. M. S. Dominic - Chairman Mr. M. R. RatnasabapathyMr. K.G.Vairavanathan
Nomination & Governance CommitteeMr. M. S. Dominic - Chairman Mr. M. R. Ratnasabapathy
Mr. K.G.Vairavanathan
Managers & Company SecretariesRenuka Enterprises (Pvt) Ltd 69 Sri Jinarathana Road, Colombo 2
RegistrarsS S P Corporate Services (Pvt) Ltd 546 Galle Road,
Colombo 3
Ultimate Parent CompanyRenuka Holdings PLC
Registered Office"Renuka House"
69 Sri Jinaratana Road, Colombo 2
Telephone: 0094 11 231 4750-5 Email: [email protected] Fax: 0094 11 244 5549
Postal AddressP.O.Box 25, Colombo
Stock Exchange ListingColombo Stock Exchange
AuditorsErnst & Young Chartered Accountants
Legal ConsultantsHeritage Partners - Attorneys- at-Law Nithya Partners - Attorneys- at-Law Varnes International - Attorneys-at-Law
BankersCommercial Bank of Ceylon PLC Hatton National Bank PLC
INTERIM FINANCIAL STATEMENTSPage 8 of 8
