WEALTHTRUST SECURITIES PLC
Central Bank appointed Primary Dealer
CONDENSED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE QUARTER ENDED 30-Jun-26 30-Jun-25 Note Rs. Rs.
(Unaudited) | (Unaudited) | |||
Interest Income | 2 | 1,210,455,450 | 792,132,937 | |
Interest Expense | 3 | (845,199,488) | (487,385,030) | |
Net Interest Income | 365,255,962 | 304,747,907 | ||
Net gains/(losses) from financial assets recognised through profit or loss/ (716,580,863) 373,613,347 | ||||
held for trading - measured at fair value | 4 | |||
Brokerage Income on Dex trading | - | - | ||
Direct Expenses | (4,013,168) | (7,417,580) | ||
Income From Trading Activities | (355,338,070) | 670,943,674 | ||
Other Income | 5 | 448,324 | 842,345 | |
Marketing Expenses | (30,704) | (1,273,828) | ||
Administrative and General Expenses | (88,949,777) | (149,268,401) | ||
Other Operating Expenses | 6 | - | (47,941,072) | |
Profit / (Loss) from Operating Activities | (443,870,227) | 473,302,719 | ||
Finance Expenses | (11,360,089) | (6,693,169) | ||
Profit / (Loss) Before Tax | (455,230,316) | 466,609,549 | ||
Income Tax Expense | 7 | - | (151,583,749) | |
Profit / (Loss) for the Period | (455,230,316) | 315,025,800 | ||
Other Comprehensive Income for the Period | - | - | ||
Total Comprehensive Income for the Period | (455,230,316) | 315,025,800 | ||
Earnings/ (Loss) Per Ordinary Share (Rs.) | 8 | (0.37) | 0.26 | |
Figures in brackets indicate deductions.
STATEMENT OF FINANCIAL POSITION | Note | As At 30-Jun-26 Rs. (Unaudited) | As At 31-Mar-26 Rs. (Audited) | |
ASSETS | ||||
Balance with Central Bank of Sri Lanka | 279,072 | 113,858 | ||
Cash and Cash Equivalents | 2,220,916 | 2,944,436 | ||
Derivative Financial Instruments | 164,715,279 | 2,854,734 | ||
Securities purchased under Resale Agreements | 5,126,416,464 | 3,319,751,933 | ||
Financial assets recognised through profit or loss/ held for trading - measured at | fair value | 41,797,599,033 | 40,392,659,348 | |
Property, Plant and Equipment | 43,961,591 | 44,260,278 | ||
Intangible Assets | 5,638,742 | 6,282,073 | ||
Right-of-use assets | 15,347,653 | 16,707,261 | ||
Deferred Tax Assets | 10,933,330 | 10,933,330 | ||
Other Assets | 158,656,416 | 146,478,223 | ||
Total Assets | 47,325,768,494 | 43,942,985,474 | ||
EQUITY AND LIABILITIES | ||||
Liabilities Bank Overdrafts | 732,152,307 | 1,356,904,349 | ||
Derivative Financial Instruments | 24,993,800 | - | ||
Securities sold under Repurchase Agreements | 39,937,816,375 | 35,298,274,521 | ||
Income Tax | 114,923,471 | 164,923,471 | ||
Post Employment Benefit Obligations | 37,971,566 | 32,730,616 | ||
Lease Liabilities | 17,812,699 | 18,993,955 | ||
Other Liabilities | 52,942,848 | 208,772,818 | ||
Total Liabilities | 40,918,613,066 | 37,080,599,730 | ||
Capital and Reserves | ||||
Stated Capital | 9 | 830,410,478 | 830,410,478 | |
Special Risk Reserve | 1,328,171,008 | 1,328,171,008 | ||
Retained Earnings | 4,248,573,942 | 4,703,804,258 | ||
Total Equity | 6,407,155,428 | 6,862,385,744 | ||
Total Equity and Liabilities | 47,325,768,494 | 43,942,985,474 | ||
Net Assets per Ordinary Share (Rs.) | 11 | 5.23 | 5.60 |
The above are unaudited financial statements unless indicated as audited.
These financial statements are in compliance with the requirements of the Companies Act, No.07 of 2007.
Mr. D A AthukoralageGeneral Manager
Finance & Planning/Business Processing
Mr. R R GomezManaging Director/CEO
The Board of Directors is responsible for the preparation and presentation of these Financial Statements.
Mr. W S WeerasooriaChairperson
13th July 2026 Colombo, Sri Lanka
STATEMENT OF CHANGES IN EQUITY | ||||
For the period ended 30-June-26 | Stated | Retained | Special Risk | Total |
Capital | Earnings | Reserve | Equity | |
Rs. | Rs. | Rs. | Rs. | |
Balance as at 01-Apr-25 (Audited) | 329,572,770 | 4,215,706,157 | 1,274,048,485 | 5,819,327,412 |
Net Profit/(Loss) for the period | 315,025,800 | 315,025,800 | ||
Transferred to Special Risk Reserve during the period | (31,502,580) | 31,502,580 | - | |
Balance as at 01-Apr-26 (Audited) | 830,410,478 | 4,703,804,258 | 1,328,171,008 | 6,862,385,744 |
Net Profit/(Loss) for the period | (455,230,316) | (455,230,316) | ||
Transferred to Special Risk Reserve during the period | - | - | - |
Figures in brackets indicate deductions.
STATEMENT OF CASH FLOWS For the period ended | 30-Jun-26 | 30-Jun-25 |
Rs. (Unaudited) | Rs. (Unaudited) | |
CASH FLOWS FROM OPERATING ACTIVITIES Profit/ (Loss) Before Taxation | (455,230,316) | 466,609,549 |
Adjustments for: Depreciation | 7,662,185 | 5,293,805 |
Lease Interest on Right-of-use assets | 586,230 | 712,290 |
Disposal (gain)/ loss on Property, Plant & Equipment | - | (56,500) |
Provision for Gratuity | 5,240,950 | 1,257,333 |
Net fair value (gains)/ losses from financial assets recognised through profit or loss/ held for trading - measured at fair value
579,317,700 (207,212,150)
Operating Profit Before Working Capital Changes 137,576,748 266,604,327Changes In Working Capital
(Increase)/ Decrease in Financial assets recognised through profit or loss/ held for trading -measured at fair value (Increase)/ Decrease in Financial assets - measured at amortised cost | (2,121,124,129) - | (14,067,492,192) - | |
(Increase)/Decrease in Securities purchased under Resale Agreements | (1,806,664,530) | (2,726,078,915) | |
(Increase)/Decrease in Other Assets | (16,710,176) | (20,174,156) | |
Increase/(Decrease) in Other Liabilities | (151,297,986) | 78,004,916 | |
Increase/(Decrease) in Securities sold under Repurchase Agreements | 4,639,541,855 | 15,467,974,704 | |
681,321,782 | (1,001,161,318) | ||
Lease Interest Paid on Right-of-use assets | (586,230) | (712,290) | |
Income Tax Paid | (50,000,000) | (100,000,000) | |
Gratuity Paid | - | (738,000) | |
Net Cash Inflow / (Outflow) from Operating Activities | 630,735,552 | (1,102,611,607) | |
CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of Property, Plant & Equipment | (5,360,558) | (2,126,103) | |
Proceeds from disposal of Property, Plant & Equipment | - | 56,500 | |
Net Cash Inflow / (Outflow) from Investing Activities | (5,360,558) | (2,069,603) | |
CASH FLOW FROM FINANCING ACTIVITIES Capital Infusion | - | - | |
Lease Principal Paid on Right-of-use assets Dividends Paid | (1,181,256) - | (982,268) - | |
Net Cash Inflow / (Outflow) from Financing Activities | (1,181,256) | (982,268) | |
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS | 624,193,736 | (1,105,663,481) | |
Cash and Cash Equivalents at the beginning of the period | (1,353,846,055) | (591,169,686) | |
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (Note A) | (729,652,319) | (1,696,833,167) | |
Note A: Analysis of Cash and Cash equivalents at the end of the period Cash at Banks (Favourable balances) | 2,469,988 | 3,087,859 | |
Cash at Banks (Overdrawn balances) | (732,152,307) | (1,699,951,026) | |
Cash in Hand (Petty Cash Float) | 30,000 | 30,000 | |
(729,652,319) | (1,696,833,167) | ||
Figures in brackets indicate deductions. |
NOTES TO THE CONDENSED FINANCIAL STATEMENTS For the period ended 30-June-26 1 Basis of Preparation
These condensed financial statements have been prepared in accordance with LKAS 34 "Interim Financial Reporting". They do not include all the information required for a complete set of SLFRS/LKAS financial statements. However, selected explanatory notes are included to explain the events and transactions that are significant to an understanding of the changes in the Company's financial position and performance since the last annual audited financial statements as at and for the year ended 31-Mar-2026.
The same accounting policies as in the last annual audited financial statements for the year ended 31-Mar-2026, have been followed in the preparation of these financial statements.
QUARTER ENDED30-Jun-26 Rs. | 30-Jun-25 Rs. | ||
2 Interest Income | |||
Financial assets recognised through profit or loss / held for trading - measured at fair value | |||
Securities Income on Government Securities Securities Income on Fixed Deposits | 1,048,454,157 - | 733,047,572 - | |
Financial Assets measured at Amortised cost | |||
Reverse Repo Interest Income | 162,001,292 | 59,085,365 | |
1,210,455,450 | 792,132,937 | ||
3 Interest Expenses | |||
Repo Interest Expenses | 845,199,488 | 487,385,030 |
Net gains/(losses) from Government Securities trading Net gains/(losses) from Dex Securities trading Net fair value gains / (losses) from valuation of Government Securities | (137,263,164) -(716,184,444) | 166,401,197 -190,937,460 | |
Net fair value gains / (losses) from valuation of Derivative Financial Instruments Net fair value gains / (losses) from valuation of Dex Securities | 136,866,745 - | 16,274,690 - | |
(716,580,863) | 373,613,347 | ||
5 Other Income | |||
Profit/ (Loss) on sale of Fixed Assets | - | 56,500 | |
Auction Processing fees | 430,000 | 785,000 | |
Miscellaneous Income | 18,324 | 845 | |
448,324 | 842,345 | ||
6 Other Operating Expenses | |||
Value Added Tax on Financial Services | - | 42,094,600 | |
Social Security Contribution Levy on Financial Services | - | 5,846,472 | |
- | 47,941,072 | ||
7 Income Tax Expense | 30-Jun-26 Rs. | 30-Jun-25 Rs. | |
Recognised in profit or loss | |||
Current Tax Expense for the period Deferred Tax Charge/ (Reversal) for the period | - - | 151,583,749 - | |
- | 151,583,749 | ||
8 Earnings/ (Loss) Per Ordinary Share |
Earnings per share has been calculated by dividing the net profit attributable to equity holders of the Company by the weighted average number of ordinary shares in issue during the period and calculated as follows.
30-Jun-26 Rs. | 30-Jun-25 Rs. | |
Profit/(Loss) attributable to ordinary shareholders - (Rs.) | (455,230,316) | 315,025,800 |
Weighted average number of ordinary shares | 1,225,052,939 | 1,225,052,939 |
Earnings/ (Loss) Per Ordinary Share - (Rs.) | (0.37) | 0.26 |
-
The number of shares represented by stated capital as at 30 June 2026 is 1,225,052,939 shares (31st March 2026 - 1,225,052,939 shares).
- Financial instruments- Fair Value Measurement
The Company measures fair values using the following fair value hierarchy that reflects the significance of the inputs used in making the measurements in accordance with SLFRS 13. Level - I
Financial instruments that are measured in whole or in part by reference to published quotes in an active market. A financial instrument is regarded as quoted in an active market if quoted prices are readily and regularly available from an exchange and those prices represent actual and regularly occurring market transactions on an arm's length basis.
Level - 2
Financial instruments that are measured at fair value on a recurring basis. As market quotes generally are not readily available or accessible for these securities, their fair value measures are determined using relevant information generated by market transactions involving comparable securities.
Level - 3
Valuation techniques using significant unobservable inputs. This category includes all instruments where the valuation technique includes inputs not based on observable data and the unobservable inputs have a significant effect on the instrument's valuation. This category includes instruments that are valued based on quoted prices for similar instruments where significant unobservable adjustments or assumptions are required to reflect differences between the instruments.
Fair values versus the Carrying amounts
The fair values of financial assets and liabilities, together with the carrying amounts shown in the Statement of Financial Position, are as follows:
30-Jun-26 Rs. | 31-Mar-26 Rs. | ||||||||
Financial assets measured at fair value Derivative Financial Instruments | 164,715,279 | 2,854,734 | |||||||
Financial assets recognised through profit or loss/ held for trading - measured at fair value | 41,797,599,033 | 40,392,659,348 | |||||||
41,962,314,311 | 40,395,514,082 | ||||||||
Financial assets not measured at fair value | |||||||||
Cash and Cash Equivalents | 2,499,988 | 3,058,294 | |||||||
Securities purchased under Resale Agreements | 5,126,416,464 | 3,319,751,933 | |||||||
5,128,916,452 | 3,322,810,227 | ||||||||
Total financial assets | 47,091,230,763 | 43,718,324,310 | |||||||
Financial liabilities measured at fair value Derivative Financial Instruments | 24,993,800 | - | |||||||
24,993,800 | - | ||||||||
Financial liabilities not measured at fair value Securities sold under Repurchase Agreements | 39,937,816,375 | 35,298,274,521 | |||||||
Bank Overdrafts | 732,152,307 | 1,356,904,349 | |||||||
40,669,968,683 | 36,655,178,869 | ||||||||
Total financial liabilities | 40,694,962,483 | 36,655,178,869 | |||||||
The following tables show an analysis of financial instruments at fair value and by level of fair value hierarchy. | |||||||||
As at 30-June-26 | Total Carrying | Level 1 | Level 2 | Level 3 | Total Fair | ||||
Value (Rs.) | (Rs.) | (Rs.) | (Rs.) | Value (Rs.) | |||||
Financial assets measured at fair value | |||||||||
Derivative Financial Instruments Forward sale contracts | - | - | - | - | - | ||||
Forward purchase contracts | 164,715,279 | 164,715,279 | - | - | 164,715,279 | ||||
164,715,279 | 164,715,279 | - | - | 164,715,279 | |||||
Financial assets recognised through profit or loss/ held for trading - measured at fair value Investment in government securities | 41,797,599,033 | 41,797,599,033 | - | - | 41,797,599,033 | ||||
41,797,599,033 | 41,797,599,033 | - | - | 41,797,599,033 | |||||
41,962,314,311 | 41,962,314,311 | - | - | 41,962,314,311 | |||||
Financial assets not measured at fair value | |||||||||
Cash and Cash Equivalents | 2,499,988 - | |
Securities purchased under Resale Agreements | 5,126,416,464 - | |
5,128,916,452 - | ||
Total financial assets | 47,091,230,763 41,962,314,311 |
2,499,988 | - | 2,499,988 | |
5,126,416,464 | - | 5,126,416,464 | |
5,128,916,452 | - | 5,128,916,452 | |
5,128,916,452 | - | 47,091,230,763 |
Financial liabilities measured at fair value Derivative Financial Instruments | ||||||||
Forward sale contracts | 24,993,800 | 24,993,800 | - | - | 24,993,800 | |||
Forward purchase contracts | - | - | - | - | - | |||
24,993,800 | 24,993,800 | - | - | 24,993,800 | ||||
Financial liabilities not measured at fair value Securities sold under Repurchase Agreements | 39,937,816,375 | - | 39,937,816,375 | - | 39,937,816,375 | |||
Bank Overdrafts | 732,152,307 | - | 732,152,307 | - | 732,152,307 | |||
40,669,968,683 | - | 40,669,968,683 | - | 40,669,968,683 | ||||
Total financial liabilities | 40,694,962,483 | 24,993,800 | 40,669,968,683 | - | 40,694,962,483 | |||
As at 31-Mar-26 | Total Carrying Value (Rs.) | Level 1 (Rs.) | Level 2 (Rs.) | Level 3 (Rs.) | Total Fair Value (Rs.) | ||||
Financial assets measured at fair value | |||||||||
Derivative Financial Instruments Forward sale contracts | 2,682,984 | 2,682,984 | - | - | 2,682,984 | ||||
Forward purchase contracts | 171,750 | 171,750 | - | - | 171,750 | ||||
2,854,734 | 2,854,734 | - | - | 2,854,734 | |||||
Financial assets recognised through profit or loss/ held for trading - | |||||||||
measured at fair value Investment in government securities | 40,392,659,348 | 40,392,659,348 | - | - | 40,392,659,348 | ||||
40,392,659,348 | 40,392,659,348 | - | - | 40,392,659,348 | |||||
40,395,514,082 | 40,395,514,082 | - | - | 40,395,514,082 | |||||
Financial assets not measured at fair value |
Cash and Cash Equivalents | 3,058,294 - | ||
Securities purchased under Resale Agreements | 3,319,751,933 - | ||
3,322,810,227 - | |||
Total financial assets | 43,718,324,310 40,395,514,082 |
3,058,294 | - | 3,058,294 | |
3,319,751,933 | - | 3,319,751,933 | |
3,322,810,227 | - | 3,322,810,227 | |
3,322,810,227 | - | 43,718,324,310 |
Financial liabilities not measured at fair value | ||||||||
Securities sold under Repurchase Agreements | 35,298,274,521 | - | 35,298,274,521 | - | 35,298,274,521 | |||
Bank Overdrafts | 1,356,904,349 | - | 1,356,904,349 | - | 1,356,904,349 | |||
36,655,178,869 | - | 36,655,178,869 | - | 36,655,178,869 | ||||
Total financial liabilities | 36,655,178,869 | - | 36,655,178,869 | - | 36,655,178,869 | |||
30-Jun-26 Rs. | 31-Mar-26 Rs. | |||||||
11 Net Assets per Ordinary Share - (Rs.) | 5.23 | 5.60 | ||||||
The above are unaudited financial statements unless indicated as audited. The presentation and classification of figures for the corresponding period of the previous year have been reclassified to be comparable with those of the current period where necessary.
There have been no significant changes in the nature of commitments and contingent liabilities, which were disclosed in the last annual audited financial statements for the year ended 31st March 2026, other than the following:
The value of forward purchase contracts (Government Securities) as at 30th June 2026 is Rs. 9,157,703,012 (30th June 2026 is Rs. 9,130,633,395) and the value of forward sales contracts (Government Securities) as at 30th June 2026 is Rs. 2,560,611,650 (30th June 2025 is Rs. 1,818,141,043).
There have been no material events subsequent to the reporting date that require disclosures/adjustments to these financial statements.
-
Disclosures under Listing Rules
All known expenditure items have been provided for and there is no management fees or similar expenditure provided for in the interim financial statements.
- Stated capital
The number of shares represented by stated capital as at 30th June 2026 is 1,225,052,939 shares (31st March 2026 - 1,225,052,939 shares).
15.3 Market Price per Share | ||
Information on shares of the Company for the quarter ended | 30-Jun-26 Rs. | 30-Jun-25 Rs. |
Market Price Per Share (Rs.) | 13.00 | - |
Highest Price per share during the quarter ended (Rs.) | 14.10 | - |
Lowest Price per share during the quarter ended (Rs.) | 12.20 | - |
15.4 List of Twenty Major Shareholders as at 30th June 2026 | ||
Name of Shareholder/ Company | Shareholding | Percentage | |
1 Finco Holdings (Private) Limited | 333,102,945 | 27.19% | |
2 Safe Holdings (Private) Limited | 132,383,370 | 10.81% | |
3 Iconic Trust (Private) Limited | 110,476,800 | 9.02% | |
4 Genesiis Software (Private) Limited | 109,102,980 | 8.91% | |
5 Sinar Maju Company Limited | 95,045,300 | 7.76% | |
6 Mr. W S Weerasooria | 84,358,435 | 6.89% | |
7 Mr. N M Weerasooria | 84,358,400 | 6.89% | |
8 Mrs. A K Moonesinghe | 68,495,000 | 5.59% | |
9 Dr. Duke Rollo Ebenezer | 56,000,000 | 4.57% | |
10 Mrs. S N Boyagoda | 23,558,705 | 1.92% | |
11 Mr. E M A I Boyagoda | 17,504,775 | 1.43% | |
12 Wealth Lanka Management (Private) Limited | 17,500,000 | 1.43% | |
13 Dr. S A B Ekanayake | 14,000,000 | 1.14% | |
14 Seylan Bank Plc/Phantom Investments (Pvt) Ltd | 13,910,308 | 1.14% | |
15 Associated Electrical Corporation Ltd | 7,280,061 | 0.59% | |
16 Dr. M M C I Fernando | 4,760,000 | 0.39% | |
17 Mr. K A H Kuruppu | 2,867,200 | 0.23% | |
18 Mr. G P J H Gunarathna | 911,449 | 0.07% | |
19 Mr. H A S Appuhamy | 630,300 | 0.05% | |
20 Mr. D A Athukoralage | 630,300 | 0.05% | |
1,176,876,328 | 96.07% |
Mr. W S Weerasooria | Chairperson | 84,358,435 |
Mr. R R Gomez | Managing Director/CEO | Nil |
Ms. A K Moonesinghe | Director | 68,495,000 |
Mr. T A B Speldewinde | Director | Nil |
Ms. S Gnanapragasam | Director | 100,000 |
Mr. B T De S Weerasooria | Director | Nil |
Ms. S M Jayatunge | Director | Nil |
15.6 Compliance relating to the Public Floating | |
Disclosure in accordance with the Section 7.13.1 (i) (b) of CSE Listing Rules | |
Float adjusted market capitalisation as at 30th June 2026 (Rs) | 2,545,593,817 |
Public holding percentage | 15.98% |
Number of public shareholders | 6,516 |
The Company is complied with the Minimum Public Holding requirement under Option 1 of CSE Listing Rule 7.13.1 (i) (b). |