Three months ended 30thJune 2024
Quarter-1 (2024/25)
STATEMENT OF PROFIT OR LOSS Unaudited Audited Unaudited Audited Year ended Three months to
31.03.2025 | 31.03.2024 | Change | 31.03.2025 | 31.03.2024 | Change | |
Rs.'000 | Rs.'000 | % | Rs.'000 | Rs.'000 | % | |
CONSOLIDATED | +/(-) | +/(-) |
Revenue | 43,201,785 | 43,179,205 | 0 | 11,767,298 | 10,872,073 | 8 |
Cost of sales | (31,139,438) | (29,910,375) | 4 | (8,550,797) | (7,129,111) | 20 |
Gross profit | 12,062,347 | 13,268,830 | (9) | 3,216,501 | 3,742,962 | (14) |
Other operating income | 321,423 | 178,045 | 81 | 77,386 | 52,795 | 47 |
Selling and distribution expenses | (395,530) | (367,249) | 8 | (92,284) | (61,363) | 50 |
Administrative expenses | (6,234,640) | (6,558,529) | (5) | (1,560,095) | (1,887,592) | (17) |
Results from operating activities | 5,753,600 6,521,097 | (12) 1,641,508 1,846,802 | (11) | |||
Finance income | 957,271 1,392,836 | (31) 285,021 295,866 | (4) | |||
Finance cost | (1,209,317) (1,791,853) | (33) (251,605) (588,110) | (57) | |||
Net finance income/ (cost) | (252,046) (399,017) | (37) 33,416 (292,244) | (111) | |||
Share of profit of equity accounted investees (net of tax) | 15,415 (8,826) | (275) 14,861 2,507 | 493 | |||
Profit before income tax | 5,516,969 | 6,113,254 | (10) | 1,689,785 | 1,557,065 | 9 |
Tax expense | (1,246,127) | (1,807,625) | (31) | (168,758) | (538,284) | (69) |
Profit for the period | 4,270,842 | 4,305,629 | (1) | 1,521,027 | 1,018,781 | 49 |
Attributable to: | ||||||
Equity holders of the parent | 3,596,517 | 3,743,929 | (4) | 1,350,531 | 873,667 | 55 |
Non-controlling interest | 674,325 561,700 | 20 170,496 145,114 | 17 | |||
Profit for the period | 4,270,842 4,305,629 | (1) 1,521,027 1,018,781 | 49 | |||
Earnings per share | ||||||
Basic earnings per share (Rs.) | 12.10 | 12.60 | 4.55 | 2.94 | ||
COMPANY | ||||||
Revenue | 23,070,243 | 20,684,291 | 12 | 5,963,007 | 5,736,595 | 4 |
Cost of sales | (17,645,648) | (15,009,748) | 18 | (4,356,994) | (4,013,714) | 9 |
Gross profit | 5,424,595 | 5,674,543 | (4) | 1,606,013 | 1,722,881 | (7) |
Other operating income | 1,031,843 | 1,405,202 | (27) | 760,070 | 471,701 | 61 |
Selling and distribution expenses | (119,033) | (133,186) | (11) | (21,798) | (42,486) | (49) |
Administrative expenses | (3,056,094) | (3,066,987) | (0) | (917,617) | (944,529) | (3) |
Results from operating activities | 3,281,311 | 3,879,572 | (15) 1,426,668 1,207,567 | 18 | ||
Finance income | 693,207 | 829,913 | (16) 245,779 174,208 | 41 | ||
Finance cost | (767,090) | (910,418) | (16) (183,052) (409,854) | (55) | ||
Net finance income /(cost) | (73,883) | (80,505) | (8) 62,727 (235,646) | (127) | ||
Profit before income tax | 3,207,428 | 3,799,067 | (16) | 1,489,395 | 971,921 | 53 |
Tax expense | (470,811) | (818,793) | (42) (24,580) (259,702) | (91) | ||
Profit for the period | 2,736,617 | 2,980,274 | (8) 1,464,815 712,219 | 106 | ||
Basic earnings per share (Rs.) | 9.21 | 10.03 | 4.93 | 2.40 | ||
Dividend per share (Rs.) | 3.80 | 6.00 | ||||
Notes on pages 7 and 8 form an integral part of these financial statements. Figures in brackets indicate deductions.
STATEMENT OF COMPREHENSIVE INCOMEUnaudited Audited Unaudited Audited
Year ended Three months to
CONSOLIDATED 31.03.2025 31.03.2024 31.03.2025 31.03.2024
Notes Rs. '000 Rs. '000 Rs. '000 Rs. '000
Profit for the Period 4,270,842 4,305,629 1,521,027 1,018,781
Other comprehensive income | |||||
Net Exchange differences on translation of foreign operations | 19,992 | (1,575,017) | 120,782 | (1,301,248) | |
Net gain on equity investments designated at fair value through OCI | 1,000,912 | 109,856 | 20,345 | 101,719 | |
Actuarial gains and (losses) on defined benefit obligations | 86,473 | (239,962) | 86,473 | (239,962) | |
Revaluation of land and buildings | 272,103 | - | 272,103 | - | |
Tax effect on other comprehensive income | (119,306) | 71,667 | (119,306) | 71,667 | |
Other comprehensive income for the period (net of tax) | 1,260,173 | (1,633,456) | 380,396 | (1,367,824) | |
Total comprehensive income for the period (net of tax) | 5,531,015 | 2,672,173 | 1,901,423 | (349,043) | |
Attributable to: | |||||
Owners of the parent | 4,751,914 | 2,545,984 | 1,690,819 | (121,029) | |
Non-controlling interests | 779,101 | 126,189 | 210,605 | (228,014) | |
5,531,015 | 2,672,173 | 1,901,423 | (349,043) | ||
Unaudited | Unaudited | Unaudited | Unaudited | ||
Year ended Three months to | |||||
COMPANY | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | |
Rs. '000 | Rs. '000 | Rs. '000 | Rs. '000 | ||
Profit for the Period | 2,736,617 | 2,980,274 | 1,464,815 | 712,219 | |
Other comprehensive income | |||||
Net gain/(loss) on equity investments designated at fair value through OCI | 1,000,912 | 109,856 | 20,345 | 101,719 | |
Actuarial gains and (losses) on defined benefit obligations | 96,115 | (237,100) | 96,115 | (237,100) | |
Revaluation of land | 286,414 | - | 286,414 | - | |
Tax effect on other comprehensive income | (28,834) | 71,130 | (28,834) | 71,130 | |
- | - | ||||
Other comprehensive income for the period (net of tax) | 1,354,607 | (56,114) | 374,040 | (64,251) | |
Total comprehensive income for the period (net of tax) | 4,091,224 | 2,924,160 | 1,838,855 | 647,968 | |
Attributable to: | |||||
Equity holders of the parent | 4,091,224 | 2,924,160 | 1,838,855 | 647,968 | |
4,091,224 | 2,924,160 | 1,838,855 | 647,968 | ||
Consolidated Company
Unaudited | Audited | Unaudited | Audited | ||
As at ASSETS | 31.03.2025 Note Rs.'000 | 31.03.2024 Rs.'000 | 31.03.2025 Rs.'000 | 31.03.2024 Rs.'000 | |
Non-Current Assets Property, plant and equipment | 12,724,363 | 10,838,262 | 6,073,239 | 5,261,582 | |
Right-of-use assets | 1,452,294 | 490,940 | 152,680 | 259,905 | |
Intangible assets | 421,411 | 347,380 | 144,044 | 121,796 | |
Investments in subsidiaries | - | - | 1,097,792 | 1,094,769 | |
Investments in equity accounted investees | 599,342 | 583,927 | 92,903 | 92,903 | |
Non-current financial assets | 2,287,969 | 1,285,225 | 2,238,300 | 1,237,388 | |
Deferred tax assets | 268,814 | 239,963 | - | - | |
17,754,193 13,785,697 9,798,958 | 8,068,343 | ||||
Current Assets Inventories | 15,156,266 | 11,506,658 | 5,591,040 | 4,470,465 | |
Trade and other receivables | 7,076,724 | 6,711,349 | 6,516,450 | 4,651,326 | |
Amounts due from subsidiaries | - | - | 208,206 | 989,239 | |
Amounts due from other related parties | 60,971 | 47,870 | 41,812 | 18,372 | |
Amounts due from equity accounted investees | 84,483 | 127,165 | 792 | 567 | |
Other current assets | 1,677,099 | 1,313,385 | 840,728 | 480,469 | |
Cash in hand and at bank | 4,087,720 | 6,722,126 | 1,141,503 | 3,679,709 | |
28,143,263 | 26,428,553 | 14,340,531 | 14,290,147 | ||
Total Assets | 45,897,456 | 40,214,250 | 24,139,489 | 22,358,490 | |
EQUITY & LIABILITIES Equity Stated capital | 1 331,774 | 331,774 | 331,774 | 331,774 | |
Capital reserves | 1,070,985 | 891,290 | 720,587 | 520,097 | |
Revenue reserves | 25,131,330 | 21,681,998 | 15,690,514 | 13,008,591 | |
Total equity attributable to equity holders of the company | 26,534,089 | 22,905,062 | 16,742,875 | 13,860,462 | |
Non-controlling interest | 3,142,562 | 2,792,786 | - | - | |
Total equity | 29,676,651 | 25,697,848 | 16,742,875 | 13,860,462 | |
Non-Current Liabilities | |||||
Interest-bearing loans and borrowings | 1,360,386 | 253,719 | 333,852 | 66,111 | |
Non-current lease liability | 1,387,727 | 416,518 | 126,748 | 218,763 | |
Deferred tax liabilities | 246,779 | 192,185 | 129,385 | 125,541 | |
Employee benefit obligations | 1,833,504 | 1,737,269 | 1,396,842 | 1,351,969 | |
Total non-current liabilities | 4,828,396 | 2,599,691 | 1,986,827 | 1,762,384 | |
Current Liabilities | |||||
Trade and other payables | 3,472,421 | 4,203,895 | 2,040,631 | 2,771,646 | |
Interest-bearing loans and borrowings | 4,551,863 | 4,122,052 | 2,427,127 | 2,581,968 | |
Current portion of lease liability | 101,587 | 85,960 | 33,804 | 41,507 | |
Other current liabilities | 404,500 | 393,561 | 44,337 | 56,980 | |
Amounts due to subsidiaries | - | - | 275,059 | 81,604 | |
Amounts due to other related parties | 2,439,313 | 2,379,820 | 588,829 | 817,434 | |
Income tax payable | 422,725 | 731,423 | - | 384,505 | |
Total Current Liabilities | 11,392,409 | 11,916,711 | 5,409,787 | 6,735,644 | |
Total Liabilities | 16,220,805 | 14,516,402 | 7,396,614 | 8,498,028 | |
Total Equity and Liabilities | 45,897,456 | 40,214,250 | 24,139,489 | 22,358,490 | |
Net assets per share ( Rs.) | 89.30 | 77.09 | 56.35 | 46.65 | |
"It is certified that the financial statements set out on pages 2 to 8 have been prepared in compliance with the requirements of the Companies Act No. 07 of 2007".
sgd.
……………………….
Ms. M J A S Abeyratne
Finance Director
Signed for and on behalf of the Board,
sgd.
A M Pandithage
Chairman
15thMay 2025
sgd.
Sarath Ganegoda
Director
STATEMENT OF CHANGES IN EQUITY
For the Year ended 31st March
Attributable to equity holders of the parent
Consolidated | Stated capital Rs. '000 | Capital reserves Rs. '000 | Fair value reserve of financial assets at FVOCI Rs. '000 | Foreign Currency fluctuation reserve Rs. '000 | General reserve Rs. '000 | Retained earnings Rs. '000 | Total Rs. '000 | Non controlling interest Rs. '000 | Total equity Rs. '000 |
Balance as at 01.04.2023 | 331,774 | 891,290 1,086,871 4,687,634 519,353 14,624,899 22,141,821 3,070,745 25,212,566 | |||||||
Profit for the year | - | - - - - 3,743,929 3,743,929 561,700 4,305,629 | |||||||
Translation of foreign operations | - | - - (1,143,430) - - (1,143,430) (431,587) (1,575,017) | |||||||
Revenue Reserves
Actuarial gains and (losses) on defined benefit plans | - | - - | - | - (235,064) | (235,064) | (4,898) | (239,962) | ||
Tax effect on other comprehensive income | - | - - | - | - 70,693 | 70,693 | 974 | 71,667 | ||
Net loss on equity instruments designated as FVOCI | - | - 109,856 | - | - - | 109,856 | - | 109,856 | ||
Other comprehensive income for the year - - 109,856 (1,143,430) - | (164,371) | (1,197,945) | (435,511) | (1,633,456) | |||||
Dividends to equity holders - - - - - | (1,782,743) | (1,782,743) | (404,148) | (2,186,891) | |||||
Balance as at 31.03.2024 | 331,774 | 891,290 | 1,196,727 | 3,544,204 | 519,353 | 16,421,714 | 22,905,062 | 2,792,786 | 25,697,848 |
Balance as at 01.04.2024 | 331,774 | 891,290 | 1,196,727 | 3,544,204 | 519,353 | 16,421,714 | 22,905,062 | 2,792,786 | 25,697,848 |
Profit for the year | - | - | - | - | - | 3,596,517 | 3,596,517 | 674,325 | 4,270,842 |
Revaluation during the year | - 271,980 | - | - | - - | 271,980 | 123 | 272,103 | ||
Translation of foreign operations | - - | - | (88,773) | - - | (88,773) | 108,764 | 19,992 | ||
Actuarial gains and (losses) on defined benefit plans | - - | - | - | - 91,600 | 91,600 | (5,127) | 86,473 | ||
Tax effect on other comprehensive income | - (92,285) | - | - | - (28,037) | (120,322) | 1,015 | (119,306) | ||
Net gain on equity instruments designated as FVOCI | - - | 1,000,912 | - | - - | 1,000,912 | - | 1,000,912 | ||
Other comprehensive income for the year | - 179,695 | 1,000,912 | (88,773) | - 63,563 | 1,155,397 | 104,776 | 1,260,173 | ||
Dividends to equity holders | - - | - | - | - (1,129,070) | (1,129,070) | (429,325) | (1,558,395) | ||
Recovery for the period | - - | - | - | - 6,183 | 6,183 | - | 6,183 | ||
Balance as at 31.03.2025 | 331,774 | 1,070,985 | 2,197,639 | 3,455,431 | 519,353 | 18,958,907 | 26,534,089 | 3,142,562 | 29,676,651 |
Stated capital | Capital reserves | General reserve | Fair value reserve of financial assets at FVOCI | Retained earnings | Total equity | |
COMPANY | Rs. '000 | Rs. '000 | Rs. '000 | Rs. '000 | Rs. '000 | Rs. '000 |
Balance as at 01.04.2023 | 331,774 | 520,097 | 519,353 | 1,086,871 | 10,260,950 | 12,719,045 |
Profit for the year | - | - | - | - | 2,980,274 | 2,980,274 |
Actuarial gains and (losses) on defined benefit plans | - | - | - | - | (237,100) | (237,100) |
Tax effect on other comprehensive income | - | - | - | - | 71,130 | 71,130 |
Net gain on equity instruments designated as FVOCI | - | - | - | 109,856 | - | 109,856 |
Other comprehensive income for the year | - | - | - | 109,856 | (165,970) | (56,114) |
Dividends to equity holders | - | - | - | - | (1,782,743) | (1,782,743) |
Balance as at 31.03.2024 | 331,774 | 520,097 | 519,353 | 1,196,727 | 11,292,511 | 13,860,462 |
Balance as at 01.04.2024 | 331,774 | 520,097 | 519,353 | 1,196,727 | 11,292,511 | 13,860,462 |
Profit for the year | - | - | - | - | 2,736,617 | 2,736,617 |
Revaluation during the year | - 286,414 | - | - | - | 286,414 | |
Actuarial losses on defined benefit plans | - - | - | - | 96,115 | 96,115 | |
Tax effect on other comprehensive income | - (85,924) | - | - | (28,834) | (114,758) | |
Net gain on equity instruments designated as FVOCI | - - | - | 1,000,912 | - | 1,000,912 | |
Other comprehensive income for the year | - 200,490 | - | 1,000,912 | 67,281 | 1,268,683 | |
Dividends to equity holders | - | - | - | - | (1,129,070) | (1,129,070) |
Recovery for the period | 6,183 6,183 | |||||
Balance as at 31.03.2025 | 331,774 | 720,587 | 519,353 | 2,197,639 | 12,973,522 16,742,875 | |
Statement Of Cash Flows
Consolidated Company
Unaudited | Audited | Unaudited | Audited | ||
For the Year ended 31st March | 2025 Rs.' 000 | 2024 Rs.' 000 | 2025 Rs.' 000 | 2024 Rs.' 000 | |
Operating activities | |||||
Profit before tax from continuing operations | 5,516,969 | 6,113,254 | 3,207,428 | 3,799,067 | |
Adjustments for: | |||||
Depreciation and impairment of property, plant, equipment and right of use assets | 1,005,837 | 881,704 | 379,417 | 305,872 | |
Amortisation of right-of-use assets | 105,181 | 97,649 | 36,811 | 35,939 | |
Amortisation of intangible assets | 25,660 | 22,389 | 22,350 | 21,962 | |
(Gain)/loss on disposal of property, plant and equipment | 16,999 | 9,057 | 12,318 | 13,803 | |
Gain/(loss) on translation on foreign currencies | (58,894) | (387,333) | (116,100) | (300,593) | |
Exchange difference on translation of foreign entities | (58,110) | (965,363) | - | - | |
Finance income | (957,271) | (1,392,836) | (693,207) | (829,913) | |
Finance cost | 1,209,317 | 1,791,853 | 767,090 | 910,418 | |
Dividend income - subsidiaries | - | - | (507,106) | (1,198,812) | |
Share of profit of an equity accounted investee | (15,415) | 8,826 | - | - | |
Provision/(reversal) for slow moving inventory | 37,627 | 3,303 | 12,344 | 46,390 | |
Write off of inventory | 233,409 | - | - | - | |
Provision / (reversal) for unrealized profit on inventories | 205,105 | (355,126) | - | - | |
Provision / (reversal) for expected credit loss | 738 | 5,255 | - | - | |
Provision for employee benefit obligations | 278,798 | 361,173 | 235,766 | 233,997 | |
Cash generated from operations before working capital changes | 7,545,950 | 6,193,805 | 3,357,111 | 3,038,130 | |
Working Capital Adjustments: | |||||
(Increase)/decrease in trade and other receivables and Prepayments | (653,892) | 97,433 | (2,149,448) | (449,690) | |
(Increase)/decrease in amounts receivable from subsidiaries and related parties | 29,581 | 30,984 | 757,368 | (332,407) | |
(Increase)/decrease in inventories | (4,125,749) | 2,831,933 | (1,132,919) | 589,710 | |
Increase/(decrease) in trade and other payables | (782,883) | 364,688 | (806,006) | 701,784 | |
Increase/(decrease) in amount due to related parties | (61,258) | 542,754 | (157,525) | 514,262 | |
1,951,749 | 10,061,597 | (131,419) | 4,061,789 | ||
Interest paid | (463,929) | (570,993) | (187,611) | (228,823) | |
Income tax paid | (1,732,237) | (1,575,434) | (1,042,165) | (560,426) | |
Employee benefit paid | (109,690) | (38,336) | (93,154) | (22,456) | |
Net cash flows from/ (used in) operating activities | (354,107) | 7,876,834 | (1,454,349) | 3,250,084 | |
Investing activities | |||||
Proceeds from sale of property, plant and equipment | 28,244 | 9,916 | 109,912 | - | |
Purchase of property, plant and equipment | (2,556,983) | (2,134,787) | (1,026,890) | (1,215,298) | |
Investment in subsidiary Shares | - | - | (3,023) | - | |
Acquisition of intangible assets | (99,691) | (80,483) | (44,598) | (56,539) | |
Proceeds from long-term loans and receivables | 1,066 | 850 | - | - | |
Interest received | 236,428 | 410,268 | 151,644 | 352,075 | |
Other dividends received | 80,516 | 93,613 | 587,618 | 1,292,420 | |
Net cash flows from/(used) in investing activities | (2,310,420) | (1,700,623) | (225,337) | 372,658 | |
Net cash inflow/(outflow) before financing activities | (2,664,527) | 6,176,211 | (1,679,686) | 3,622,742 | |
Financing activities | |||||
Loans obtained during the year | 1,904,496 | 636,120 | 746,496 | 170,000 | |
Repayment of borrowings | (411,817) | (419,702) | (257,739) | (290,241) | |
Lease rental paid | (155,944) | (120,212) | (49,794) | (45,992) | |
Dividends paid to equity holders of the parent | (939,788) | (1,466,415) | (939,788) | (1,466,415) | |
Dividends paid to non-controlling interest | (429,325) | (404,148) | - | - | |
Net cash flows from /(used in) financing activities | (32,378.04) | (1,774,357) | (500,825) | (1,632,648) | |
Net increase/(decrease) in cash and cash equivalents | (2,696,905) | 4,401,854 | (2,180,511) | 1,990,094 | |
Cash and cash equivalents at beginning of the period | 2,855,825 | (1,546,029) | 1,199,390 | (790,704) | |
Cash and cash equivalents at end of the period (Note A) | 158,920 | 2,855,825 | (981,121) | 1,199,390 | |
Analysis of cash and cash equivalents as at 31st March | |||||
A) Cash in hand and at bank | 1,633,747 | 2,751,328 | 234,608 | 995,630 | |
Short-term deposits | 2,453,973 | 3,970,798 | 906,895 | 2,684,079 | |
4,087,720 | 6,722,126 | 1,141,503 | 3,679,709 | ||
Bank overdrafts and short-term loans | (3,928,800) | (3,866,301) | (2,122,624) | (2,480,319) | |
Cash and cash equivalents | 158,920 | 2,855,825 | (981,121) | 1,199,390 |
BUSINESS SEGMENTS
Turnover-Net
Consolidated External Intra-group 31.03.2025 31.03.2024
Rs.'000 Rs.'000 Rs.'000 Rs.'000
Activated carbon | 41,679,723 | 17,766,647 | 59,446,370 | 57,196,792 | |
Environmental engineering | 1,522,062 | 493,826 | 2,015,888 | 1,556,987 | |
43,201,785 | 18,260,473 | 61,462,258 | 58,753,779 | ||
Intra-group sales | (18,260,473) | (15,574,574) | |||
43,201,785 | 43,179,205 | ||||
Industry segment results | |||||
Profit before tax Consolidated | |||||
31.03.2025 | 31.03.2024 | ||||
Rs.'000 | Rs.'000 | ||||
Activated carbon | 5,439,368 | 6,065,714 | |||
Environmental engineering | 62,187 | 56,366 | |||
Purification associate | 508 | (15,215) | |||
Leisure - associate | 14,907 | 6,389 | |||
5,516,969 | 6,113,254 | ||||
INVESTOR INFORMATION | |||||
Year ended
Three months ended
Market value of shares | 31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | |
Last traded price | 81.80 | 76.50 | 81.80 | 76.50 | |
(28/03/2025) | (28/03/2024) | (28/03/2025) | (28/03/2024) | ||
Highest price recorded for the period (Rs.) | 93.40 | 79.10 | 93.40 | 79.10 | |
(30/01/2025) | (12/03/2024) | (30/01/2025) | (12/03/2024) | ||
Lowest price recorded for the period (Rs.) | 70.10 | 51.80 | 79.10 | 64.10 | |
(19/04/2024) | (30/05/2023) | (19/03/2025) | (22/01/2024) | ||
Market capitalisation (Rs.) | 24,304,722,750 | 22,729,966,875 | 24,304,722,750 | 22,729,966,875 | |
P/E ratio | 6.76 | 6.07 | |||
Dividend declared | |||||
1st interim dividend 2024/25 - Rs. 0.60/- per share (Final dividend 2022/23 - Rs. 1.00/- P/S) | 178,274,250 | 297,123,750 | |||
2nd Interim dividend - Rs. 1.10/- per share (1st interim Dividend 2023/24 - Rs. 2.00/- P/S) | 326,836,125 | 594,247,500 | |||
3rd Interim dividend - Rs. 0.50/- (2nd Interim dividend 2022/23 - Rs. 2.00/- P/S) | 148,561,875 | 594,247,500 | |||
4th Interim dividend -Rs. 1.60/- (3rd Interim dividend 2023/24- Rs. 1.00/- per share) | 475,398,000 | 297,123,750 | |||
Total for the Period | 1,129,070,250 | 1,782,742,500 | |||
Share trading information | Year ended | Three months ended | |||
31.03.2025 | 31.03.2024 | 31.03.2025 | 31.03.2024 | ||
No. of transactions | 21,147 | 12,150 | 7,012 | 2,723 | |
No. of shares traded | 30,829,341 | 12,484,215 | 9,442,040 | 1,958,812 | |
Value of shares traded (Rs.) | 2,534,603,977 | 849,521,625 | 819,770,884 | 127,310,666 | |
Notes | |||
As at 31st March 1. Stated capital | 2025 Rs.'000 | 2024 Rs.'000 | |
Issued and fully paid - 297,123,750 ( 297,123,750 - 31.12.2023) Ordinary shares | 331,774 | 331,774 | |
The interim condensed consolidated financial statements for the year ended 31st March 2025 have been prepared in accordence with LKAS 34 Interim Financial Reporting. The financial statements for the period ended 31st March 2025, includes "the Company" referring Haycarb PLC, as the holding company and "the Group" referring to the companies whose accounts have been consolidated therein The interim condensed consolidated financial statements do not include all the information and disclosures required in the annual financial statements, and should be read in conjunction with the Group's annual consolidated financial statements as at 31 March 2024.
No circumstances have arisen since the Statement of Financial Position date, which would require adjustments or disclosure to the Interim Financial statements.
There has not been a significant change in the nature of the contingent liabilities which are disclosed in the Annual Report for the year ended 31st March 2024.
Name of the Shareholder | No.of Shares as at 31/03/2025 | % | |
1 | Hayleys PLC No. 3 Share Investment Account | 201,251,030 | 67.73 |
2 | Employee's Provident Fund | 13,230,763 | 4.45 |
3 | Mr. T. Ueda | 5,000,200 | 1.68 |
4 | Dr. D. Jayanntha | 4,525,000 | 1.52 |
5 | Mr. H.S.R. Kariyawasan/Mrs. K.H.S. Kariyawasan | 3,179,671 | 1.07 |
6 | Mrs. J.K.P. Singh | 1,721,745 | 0.58 |
7 | Mr. S. Rameshan | 1,649,680 | 0.56 |
8 | Employees Trust Fund Board | 1,607,076 | 0.54 |
9 | Mr. Z.G. Carimjee | 1,350,000 | 0.45 |
10 | Mr. H.S.Gill | 1,230,000 | 0.41 |
11 | DFCC Bank A/c 1 | 1,000,000 | 0.34 |
12 | Mrs. S. Vasudevan/Mr. S. Vasudevan | 1,000,000 | 0.34 |
13 | Mr. R. C. D. De Silva | 998,995 | 0.34 |
14 | GF Capital Global Limited | 886,100 | 0.30 |
15 | Miss. M.P. Radhakrishnan | 830,443 | 0.28 |
16 | Miss A. Radhakrishnan | 788,691 | 0.27 |
17 | Mr. Arunachalam Arulthakshanan | 710,780 | 0.24 |
18 | Mr. Radhakrishnan Maheswaran (Deceased) | 700,010 | 0.24 |
19 | Mr. W.K.G.N. Perera | 700,000 | 0.24 |
20 | Harnam Holdings SDN BHD | 664,929 | 0.22 |
SUBTOTAL | 243,025,113 | 81.79 | |
OTHERS | 54,098,637 | 18.21 | |
TOTAL | 297,123,750 | 100.00 |
Name of the Director | As at 31/03/2025 |
Mr. A.M. Pandithage | 23,790 |
Mr. H.S.R. Kariyawasan* | 3,179,671 |
Mr. B. Balaratnarajah | 30,040 |
Mr. S.C. Ganegoda | 73,150 |
Mr. A.M. Senaratna | - |
Mrs. M.J.A.S. Abeyratne | - |
Mr. M.S.P. Udaya Kumara | 4,620 |
Mr. A.A.M. Caderbhoy | - |
Mrs. H.M.N.S. Gunawardana | - |
Ms. K.A.D.B. Perera | - |
Mrs. A.I. Wanigasekera | - |
Mr. M.N.R. Fernando | - |
Mr. P.Y.S. Perera (Appointed on 1st April 2024) | 2,500 |
Mr.T.A.B.Speldewinde (Appointed on 22nd November 2024) | - |
Mr. J.D. Naylor (Resigned w.e.f 31st January 2025) | - |
Mr. M.H. Jamaldeen (Resigned w.e.f 14th November 2024) | - |
Mr. S.Rajapakse (Resigned w.e.f 01st April 2024) | - |
3,313,771 |
* Shares held jointly with Mrs. K. H. S. Kariyawasan
Percentage of public holding as at 31.03.2025 (%) | 31.15 |
Total No. of Shareholders representing the public holding | 6,947 |
Market capitalization (Rs.) | 25,344,655,875 |
Float adjusted market capitalization (Rs.) | 7,895,278,349.70 |
The Company complies with option 2 of the Listing Rules 7.13.1 (i) (a) - which requires 5% Public Holding. | |
Corporate Information
NAME OF COMPANY NOMINATIONS AND GOVERNANCE COMMITTEE
Haycarb PLC
(A quoted public company with limited liability, incorporated in Sri Lanka in 1973) Mr. Yohan Perera, Independent Non-Executive Director - Chairman
Mr. Nanda Fernando, Independent Non-Executive Director - Member
COMPANY NUMBER Mr. Sarath Ganegoda, Non-Executive Director -Member PQ 59
STOCK EXCHANGE LISTING
The ordinary shares of the company are listed RELATED PARTY TRANSACTIONS REVIEW COMMITTEE
with the Colombo Stock Exchange Mr. Yohan Perera, Independent Non-Executive Director- Chairman
of Sri Lanka Mr. Nanda Fernando, Independent Non-Executive Director - Member Mr. Sarath Ganegoda, Non-Executive Director - Member
REGISTERED OFFICE
400, Deans Road, Colombo 10, Sri Lanka.
Telephone: +94 11 2677364, 2687565, 2691289, 2677363 SUBSIDIARIES AND ASSOCIATES
Fax: +94 11 2627450 Carbokarn Co. Limited (Bangkok, Thailand)
E - mail : general@haycarb.com CK Regen Systems Co. Limited (Bangkok, Thailand)
Website:https://http://www.haycarb.com Shizuka Company Limited (Ratchaburi, Thailand) Eurocarb Products Limited (Bristol, England)
DIRECTORS Haycarb Holdings Australia (Pty) Limited (Victoria, Australia)
Mohan Pandithage (Chairman) Haycarb Holdings Bitung Limited (Tortola, British Virgin Islands)
Rajitha Kariyawasan (Managing Director) Haycarb USA Inc. (Woodlands, Texas, U.S.A)
Brahman Balaratnarajah (Deputy Managing Director) PT Mapalus Makawanua Charcoal Industry (Bitung, Indonesia)
Arjun Senaratna Puritas (Pvt) Limited
Sarath Ganegoda Recogen (Pvt) Limited
Ms. Jeevani Abeyratne Ultracarb (Pvt) Limited
M.S.P. Udaya Kumara PT. Haycarb Palu Mitra (Palu, Indonesia)
Ali Asgar Munaver Caderbhoy Puricarb Pte.Ltd. (Singapore)
Ms. Shamalie Gunawardana Haycarb Activated Carbon (Pvt) Limited (Chennai,India)
Ms. Brindhiini Perera Haycarb Philippines Corporation (Manila, Philippines)
Ms. Anomi Wanigasekera Haycarb Singapore Pte.Ltd. (Singapore)
Nanda Fernando Eurocarb Germany GmbH
Yohan Perera (appointed w.e.f. 1st April 2024) Carbotels (Pvt) Limited - Associate
Timothy Speldewinde (appointed on 22ndNovember 2024) Lakdiyatha (Pvt) Limited - Associate Sujeewa Rajapakse (resigned w.e.f. 1st April 2024)
Hisham Jamaldeen (resigned on 14th November 2024) James Naylor (resigned on 31st January 2025)
SECRETARIES
AUDIT COMMITTEE Hayleys Group Services (Pvt) Limited
Mr. Yohan Perera, Independent Non-Executive Director- Chairman 400, Deans Road, Colombo 10, Sri Lanka. Mr. Nanda Fernando, Independent Non-Executive Director - Member Telephone +94 11 2627650
Mr. Arjun Senaratne, Non Executive - Member Fax: +94 11 2627645
Mr. Timothy Speldewinde - Member (appointed on 22nd November 2024) E-mail: info.sec@hayleys.com
REMUNERATION COMMITTEE
Mr. Yohan Perera, Independent Non-Executive Director - Chairman Mr. Nanda Fernando, Independent Non-Executive Director - Member Mr. Sarath Ganegoda, Non-Executive Director - Member