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KEY PERFORMANC

CE INDICATORS
14-Mar-14
14
Mar 14

Weekly Market Performance

14-Mar

7-Mar

All Share Price Index

5,896.23

5,966.06

S&P SL 20 Index

3,207.11

3,244.99

15.70

15.79

Market PE (x)
Market PBV (x)

1.9

2.0

Market Capitalization Rs.Bn

2,462.60

2,491.75

Total Turnover for the week Rs.Mn

2,104.64

1,861.18

Foreign Purchases Rs.Mn

891.98

776.82

Foreign SalesRs.Mn

706.30

739.05

Year to Date Market Performance


Change in ASPI

-0.3%

Change in S&P SL 20

-1.7%

Total Turnover Rs.Mn

44,129.61

Net Foreign Purchases/(Sales)Rs.Mn

(3,816.73)

FundamentalAnalysisDivision
CapitalTRUST Research(Pvt)Ltd.

Change

1.2%
1.2%
0.5%
1.8%
1.2%
13.1%
14.8%
4.4%

BANKING, FINANCE & INSURANCE


COMPANY

F
Y

Price
Rs
14-Mar

Banks
Commercial Bank
D
114.60
D
95.20
Commercial Bank (X)
M
142.00
DFCC
D
152.40
HNB
D
126.00
HNB (X)
D
179.00
NDB
D
63.00
NTB
D
175.40
Sampath
D
15.70
Pan Asia
D
60.30
Seylan
D
36.00
Seylan (X)
D
17.50
Union Bank
D
32.30
HDFC
Finance & Leasing Companies
M
17.00
Asia Capital
M
29.00
Softlogic Finance
M
47.00
CDB
M
38.30
CDB (X)
M
190.00
Central Finance
First Capital
M
18.80
M
77.00
Lanka Orix Leasing
M
3.60
Lanka Orix Finance
M
100.00
LB Finance
D
13.30
MBSL
M
8.30
Nation Lanka Finance
M
14.20
People's Leasing
M
16.50
People's Merchant
M
130.00
Sinhaputhra Finance
M
12.00
Singer Finance
D
1.20
SMB Leasing
D
0.40
SMB Leasing (X)
M
2.10
Swarnamahal Financial
M
10.80
The Finance
M
5.50
The Finance (X)
M
28.90
Vallibel Finance
Insurance Companies
Amana Takaful
D
1.30
D
1,350.00
Ceylinco Insurance
D
434.80
Ceylinco Insurance (X)
D
264.50
AIA Insurance Lanka
D
62.90
HNB Assurance
D
13.80
Janashakthi Insurance
Union Assurance
D
103.90

WoW
Change
in Price

No. of
shares
(Mn)

Sector Index =
M.CAP
Rs.
Mn

(0.40)
(0.10)
(1.90)
0.20
0.60
(1.70)
(1.00)
1.60
(0.30)
0.20
(1.00)
(0.80)
1.30

794.75
54.54
265.10
319.68
80.33
164.85
230.61
167.83
295.04
175.98
168.98
349.25
64.71

96,271

(0.40)
(2.00)
(0.50)
0.10
0.00
0.00
1.80
(0.20)
(1.50)
(0.70)
0.30
(0.10)
0.40
0.00
0.00
0.00
0.00
(0.10)
(0.50)
(0.20)
(1.10)

110.00
37.45
46.30
8.01
104.88
101.25
475.20
2,800.00
69.26
135.00
249.95
1,579.86
67.50
6.30
165.33
1,191.77
614.07
500.00
57.97
100.00
41.55

(0.10)
43.00
9.40
(16.50)
0.90
(0.20)
(2.50)

1,000.00
20.00
6.41
30.00
50.00
363.00
85.71

13,084.26

Net Profit (SLRs. Mn)


2011/12
7,932.06

10,079.83

FY

2,966.07
6,818.92

3,457.52
8,110.97

FY

29,508
14,528
29,437
4,632
16,695

2,527.47
1,607.17
3,683.28
811.77
675.95

8,853.82
1,951.12
5,342.62
860.05
2,063.06

FY

6,112
2,090

310.09
216.02

432.05
2.45

FY

1,870
1,086
2,176

855.75
120.83
632.77

(722.97)
164.05
534.77

FY

2,964.84
(316.54)
5,703.77
1,179.01
1,713.99
353.14
(153.73)
2,852.34
64.50
52.89
215.68
(8.74)

1,050
1,176

159.46
13.32

1,201

231.18

1,300
29,789

(79.68)
1,372.17

7,935
3,145
5,009
8,906

692.45
246.07
636.29
695.19

Note:ForwardPERisarrivedatbasedontheannualisedEPSadjustedforanyexceptionalitems.

3,217.06
462.72
2,552.29
686.28
1,702.67
60.61
(28.73)
3,077.07
(91.38)
72.07
256.53
67.86
121.76
(1,518.55)

FY

FY
FY
FY
FY

FY

FY
12M
FY
FY
FY
FY
FY
12M
FY
FY
FY
FY
FY
FY

10,562.28
1,979.35
7,650.46
2,641.93
2,136.40
3,634.96
114.86
2,326.15

12M
9M
12M
FY
12M
12M
FY
12M
12M

(324.83)
111.53
428.84

6M

12M

9M
9M
9M
9M
9M
6M
9M
6M
6M
9M
9M
6M
9M
9M
9M

FY

(584.20)
(820.91)

294.53

FY

135.82

6M

87.51
1,953.11

FY

73.48
2,609.18

12M

847.91
351.14
800.40
921.27

FY

499.29
389.12
1,005.51
1,123.41

FY

FY

FY

FY
FY
FY

6M

FY

FY
FY
FY

11.87
11.87
13.04
20.28
20.28
53.71
8.46
31.83
2.92
5.98
5.98
1.24
0.04

FY

(6.57)
4.38
9.85
9.85
30.67
4.57
5.37
0.25
24.58
0.45
(0.11)
1.95
(1.35)
11.45
1.55
0.04
0.04
0.24
(9.61)
(9.61)
7.09

FY

0.09
73.94
73.94
28.26
7.02
2.20
10.75

PER (x)

13/14

12/13

104.20
233.59

2,450.68
225.46
1,293.72
531.46
799.08
6.08
42.20
2,305.00
(131.89)
35.53
198.49
49.52

Sector PE = 8.9

EPS (SLRs.)

2013/14

2012/13

37,644
58,841

19,928
1,904
36,590
10,080
6,926
1,796
2,075
22,434
1,114
818
1,984
1,676

WOW Change -1.0%

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY

FY
12M
12M
FY
FY
FY
FY
FY
12M
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY

FundamentalAnalysisDivision
Capital TRUST Research (Pvt) Ltd.

12/13

12.44
12.44
7.47
19.13
19.13
16.03
9.26
21.66
0.39
6.74
6.74
0.30
3.61

12M

(2.95)
2.98
7.90
7.90
23.37
2.23
2.72
0.19
11.54
0.05
0.17
1.46
(1.95)
5.64
1.20
0.03
0.03
(1.17)
(5.20)
(5.20)
3.27

6M

0.07
98.78
98.78
16.64
7.78
2.77
13.11

12M

12M
9M
12M
12M
FY
12M
12M
FY
12M
12M
12M
12M

9M
9M
9M
9M
9M
9M
6M
9M
6M
6M
9M
9M
6M
9M
9M
9M
9M
6M
6M
6M

FY
FY
FY
FY
FY
FY

13/14 (F)

9.66
8.02
10.89
7.52
6.21
3.33
7.45
5.51
5.39
10.08
6.02
14.15
852.37

9.21
7.65
14.26
7.97
6.59
11.17
6.80
8.10
40.33
8.94
5.34
58.66
8.95

(2.59)
6.62
4.77
3.89
6.19
4.11
14.34
14.69
4.07
29.63
(72.20)
7.29
(12.19)
11.36
7.73
31.93
10.64
8.62
(1.12)
(0.57)
4.08

(1.44)
7.30
4.46
3.64
6.10
6.33
21.21
9.48
6.50
147.58
24.58
7.30
(6.33)
11.52
7.50
32.82
10.94
(1.35)
(1.04)
(0.53)
4.42

14.85
18.26
5.88
9.36
8.96
6.26
9.67

17.69
13.67
4.40
15.89
8.08
4.98
7.93

Sector PBV = 1.4

Cash
Balance
(Rs.Mn)
14,264
9,899
14,672
8,138
6,960
9,761
1,308
18,399
3,419
268
36
1,008
142
1,362
31
704
1,682
1,435
1,392
85
4,623
28
52
86
137
76
(19)
(88)
465
486
742
144
(69)
291

Cash Per
Share
(Rs.)

DPS
Last FY
(Rs.)

16.79
16.79
37.34
36.68
36.68
49.37
30.18
58.16
4.43
53.34
53.34
9.79
4.14

4.50
4.50
5.00
8.50
8.50
10.00
2.10
8.00
1.00
2.25
2.25
0.35
0.25

72.35
72.35
145.73
143.90
143.90
148.70
50.90
188.71
13.72
65.69
65.69
14.09
40.55

1.58
1.32
0.97
1.06
0.88
1.20
1.24
0.93
1.14
0.92
0.55
1.24
0.80

0.33
26.92
2.62
2.62
12.99
0.31
1.48
0.60
20.72
10.31
0.34
2.93
0.42
8.28
0.52
0.08
0.08
0.15
(0.33)
(0.33)
(2.11)

6.95
1.50
2.75
2.75
2.90
2.00
0.50
6.50
0.50
1.25
2.00
0.65
1.50

4.18
33.87
63.99
63.99
181.61
18.77
42.01
2.12
82.40
21.69
0.97
11.76
16.72
136.68
12.20
0.53
0.53
(0.29)
(46.88)
(46.88)
24.31

4.07
0.86
0.73
0.60
1.05
1.00
1.83
1.70
1.21
0.61
8.57
1.21
0.99
0.95
0.98
2.28
0.76
(7.14)
(0.23)
(0.12)
1.19

0.47
18.39
18.39
24.73
2.88
(0.19)
3.39

16.00
16.00
2.00
3.25
2.00
6.00

1.06
675.72
675.72
152.84
42.26
12.48
59.70

1.22
2.00
0.64
1.73
1.49
1.11
1.74

NAV
(Rs)

PBV
(x)

BEVERAGE, FOOD & TOBACCO


COMPANY
Bairaha Farms
Cargills
Ceylon Tobacco
Renuka Shaw Wallace
Renuka Shaw Wallace (X)
Ceylon Cold Stores
Distilleries
HVA Foods
Kotmale Holdings
LMF
Lion Brewery
Keels Food Products
Nestle
Renuka Agri
Three Acre Farms

F
Y
M
M
D
M
M
M
M
M
M
M
M
M
D
M
D

Price
SLRs
14-Mar
141.60
137.00
1,099.90
16.00
13.40
139.00
202.80
9.10
52.00
109.00
394.00
58.60
1,973.30
3.30
40.00

WoW
Change
in Price
10.40
0.20
(22.40)
(0.10)
0.00
(9.00)
(1.20)
(0.50)
1.30
2.00
(6.00)
0.50
(31.70)
(0.10)
1.90

Sector Index =
No. of
M.CAP
shares
SLRs.
(Mn)
Mn
16.00
2,266
224.00
30,688
187.32 206,037
89.77
1,500
4.77
95.04
13,211
300.00
60,840
66.43
605
31.40
1,633
40.00
4,360
80.00
31,520
25.50
1,494
53.73 106,016
561.75
1,854
23.55
942

CHEMICALS & PHAMACEUTICALS


COMPANY
Chemanex
CIC
CIC (X)
Haycarb
Lankem Ceylon

F
Y
M
M
M
M
M

Price
SLRs
14-Mar
77.50
46.00
36.50
180.00
104.00

WoW
Change
in Price
2.50
0.00
0.10
0.20
2.00

No. of
shares
(Mn)
15.75
72.90
21.87
29.71
24.00

COMPANY

F
Y

Dockyard
Access Engineering
MTD Walkers

D
M
M

WoW
Change
in Price

COMPANY
Ceylon Leather Products
Hayleys MGT
Odel
Kuruwita Textile

F
Y
M
M
M
M

2011/12
444.05
1,049.35
6,571.44
142.52

2012/13
161.48
1,612.52
8,174.70
112.13

2,235.45
5,535.60
12.77
83.42
113.31
1,220.26
129.64
2,629.77
316.44
157.52

1,915.72
5,139.81
37.11
116.06
372.08
1,045.91
91.62
2,977.67
200.00
36.92

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
12M

Sector Index =

2011/12
5.97
863.08

5,348
2,496

471.19
476.35

M.CAP
SLRs.
Mn

(0.70)
(0.20)
(0.60)

71.86
1,000.00
114.36

12,582
22,100
3,259

WoW
Change
in Price
(1.20)
0.10
(0.60)
0.00

No. of
shares
(Mn)
34.23
152.34
272.13
25.00

M.CAP
SLRs.
Mn
1,979
1,584
5,279
523

572.57
4,882.35
(4.61)
50.38
141.69
948.07
(58.70)
3,304.74
78.47
169.57

2012/13
(10.91)
230.93
935.99
126.91

12M
FY
FY
FY

2013/14
29.45
(345.81)
551.63
(421.51)

2,695.47

9M
9M
FY
9M
9M
9M
9M
9M
9M
9M
9M
12M
9M
12M

2012/13
1,983.37
2,378.16
450.42

FY
FY
FY

2013/14
926.08
2,080.41
386.86

734.68

2012/13
94.07
(459.60)
157.32
(76.88)

FY
FY
FY
FY

2013/14
118.92
(94.68)
193.99
(322.85)

13/14
5.26
1.44
48.80
1.27
1.27
6.02
16.27
(0.07)
1.60
3.54
11.85
(2.30)
61.51
0.14
7.20

9M
9M
FY
9M
9M
9M
9M
9M
9M
9M
9M
9M
12M
9M
12M

9M
9M
9M
9M

12/13
(0.69) 12M
2.44 FY
2.44 FY
31.50 FY
5.29 FY

13/14
1.87
(3.65)
(3.65)
18.57
(17.56)

9M
9M
9M
9M
9M

WoW Change = -0.9%

9M
9M

12/13
27.60
2.38
3.94

FY
FY
FY

13/14
12.89
2.08
3.38

12M
9M
9M

WoW Change = -2.0%


EPS (SLRs.)

9M
9M
9M
9M

12/13
2.75
(3.02)
0.58
(3.08)

FY
FY
FY
FY

FundamentalAnalysisDivision
Capital TRUST Research (Pvt) Ltd.

13/14
3.47
(0.62)
0.71
(12.91)

PER (x)

9M
9M
9M
9M

12/13
13/14 (F)
21.04
12.48
(3.45)
(12.55)
33.56
20.41
(6.80)
(1.21)

110.86
52.46
23.03
24.43
24.43
98.53
172.16
7.33
26.71
241.95
81.73
58.39
78.47
3.44
39.01

PBV
(x)
1.28
2.61
47.75
0.65
0.55
1.41
1.18
1.24
1.95
0.45
4.82
1.00
25.15
0.96
1.03

NAV
(SLRs)

PBV
(x)

98.66
77.11
77.11
158.32
139.18

0.79
0.60
0.47
1.14
0.75

Sector PBV = 1.5

Cash
Cash Per
DPS
PER (x)
Balance
Share
Last FY
12/13
13/14 (F) (SLRs.Mn) (SLRs.) (SLRs.)
6.34
13.59
3,520
48.98
4.00
9.29
7.97
285
0.29
0.50
7.24
6.32
(1,230)
(10.75)
-

Sector PE = N/A

NAV
(SLRs)

Sector PBV = 1.2

Cash
Cash Per
DPS
PER (x)
Balance
Share
Last FY
12/13
13/14 (F) (SLRs.Mn) (SLRs.) (SLRs.)
(111.85)
31.08
67
4.24
1.00
18.88
(9.45)
(10,479) (110.57)
1.63
14.98
(7.50)
(110.57)
1.63
5.71
7.27
(851)
(28.65)
7.00
19.67
(4.44)
(1,368)
(57.00)
1.50

Sector PE = 10.5

EPS (SLRs.)

12M

12/13
13/14 (F)
14.03
20.18
19.03
71.18
25.20
22.54
13.49
9.45
11.30
7.92
6.90
17.30
11.84
9.35
16.29
(98.38)
14.07
24.31
11.72
23.08
30.14
24.93
16.31
(19.09)
35.60
32.08
9.27
17.72
25.51
5.55

Sector PBV = 4.9

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
156
9.72
1.50
(2,232)
(9.97)
2.00
8,251
44.05
40.20
77
0.81
0.30
0.81
0.30
(411)
(4.32)
4.00
(8,411)
(28.04)
3.00
52
0.78
0.20
432
13.77
(172)
(4.29)
1.50
(651)
(8.14)
4.00
268
10.52
2.00
356
6.63
60.00
88
0.16
0.10
8
0.32
-

Sector PE = 9.1

EPS (SLRs.)

Net Profit (SLRs. Mn)


2011/12
95.97
(866.97)
194.80
(201.69)

12/13
10.09 FY
7.20 FY
43.64 FY
1.19 FY
1.19 FY
20.16 FY
17.13 FY
0.56 FY
3.70 FY
9.30 FY
13.07 FY
3.59 FY
55.42 FY
0.36 FY
1.57 12M

PER (x)

WoW Change = 3.2%

Net Profit (SLRs. Mn)


2011/12
1,536.85
1,732.98
335.22

Sector PE = 22.3

EPS (SLRs.)

Net Profit (SLRs. Mn)

Sector Index =

Note:ForwardPERisarrivedatbasedontheannualisedEPSadjustedforanyexceptionalitems.

2013/14
84.21
323.34
9,140.49
120.02

6,034.01

Sector Index =

No. of
shares
(Mn)

FOOTWEAR & TEXTILE


Price
SLRs
14-Mar
57.80
10.40
19.40
20.90

Net Profit (SLRs. Mn)

M.CAP
SLRs.
Mn
1,221
4,152

CONSTRUCTION & ENGINEERING


Price
SLRs
14-Mar
175.10
22.10
28.50

19,550.69 WoW Change = -1.7%

NAV
(SLRs)

PBV
(x)

153.09
14.07
41.01

1.14
1.57
0.69

Sector PBV = 0.9

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
441
12.87
1.00
(0)
(0.00)
154
0.57
0.23
(706)
(28.25)
-

NAV
(SLRs)
90.03
9.70
19.17
24.10

PBV
(x)
0.64
1.07
1.01
0.87

HOTELS
COMPANY
City Hotels
Asian Hotels
Galadari
Renuka City Hotel
Kingsbury
Taj Lanka Hotels
Trans Asia
Resorts
Aitken Spence Hotels
Browns Beach
Amaya Leisure
Eden
Hunas Falls
Keels Hotels
Marawila Resorts
Mahaweli Reach
Pegasus
Citrus Leisure
Royal Palms Beach
Hotels Corp.
Palm Garden*
Light House
Fortress
Dolphin Hotels
Sigiriya Village
Hotel Sigiriya
Serendib Hotels
Serendib Hotels (X)
Tangerine Beach Hotel

Sector Index =
F
Y

M
D
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M

Price
SLRs
14-Mar

WoW
Change
in Price

No. of
shares
(Mn)

M.CAP
SLRs.
Mn

3,157.58

Net Profit (SLRs. Mn)


2011/12

2012/13

(1.50)
0.00
1.70
(0.20)
(0.40)
(1.20)

442.78
500.83
7.00
242.00
139.64
200.00

25,681
5,359
1,827
3,001
4,203
16,440

2,148.88
(266.05)
480.59
(185.93)
126.68
624.81

2,494.30
(492.02)
246.52
(448.71)
221.16
1,065.72

FY

72.00
18.60
75.00
24.90
48.00
12.40
4.90
16.60
36.00
16.20
30.90
15.50
71.00
45.00
13.40
43.00
55.50
75.00
28.00
19.10
79.80

0.00
0.10
0.00
(1.10)
0.00
0.10
(0.10)
(0.20)
1.00
(0.40)
0.00
1.10
(0.30)
1.50
0.40
0.30
2.90
2.60
0.50
1.60
4.70

336.29
129.60
48.03
52.80
5.63
1,456.15
122.50
47.07
30.39
96.48
50.00
171.83
10.82
46.00
110.89
31.62
9.00
5.86
75.51
36.01
20.00

24,213
2,411
3,603
1,315
270
18,056
600
781
1,094
1,563
1,545
2,663
768
2,070
1,486
1,360
500
439
2,802

1,377.98
128.61
292.56
146.17
13.96
1,105.27
(0.94)
7.95
120.73
(6.56)
126.50
45.87
(993.41)
109.58
119.02
92.92
39.90
46.26
40.87

1,782.06
187.74
376.58
211.85
21.71
1,120.99
22.67
69.06
141.96
(48.48)
99.50
(28.95)
(377.35)
112.15
157.54
198.70
61.00
67.89
270.12

FY

128.21

114.32

FY
FY
FY
FY
FY

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
12M
12M
FY
FY
FY
FY

1,563.00
207.20
244.37
(9.52)
(397.22)
543.37
1,118.88
81.72
241.15
(2.92)
12.56
598.07
(50.44)
11.76
27.37
(44.80)
42.32
(88.21)
(187.94)
39.29
89.73
2.47
13.06
7.54
(20.19)
46.14

FY

Sector PE = 46.5

12/13
9M
12M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M

13/14

5.63
(0.98)
35.22
(1.85)
1.58
5.33

FY

5.30
1.45
7.84
4.01
3.86
0.77
0.19
1.47
4.67
(0.50)
1.99
(0.17)
(34.89)
2.44
1.42
6.28
6.78
11.59
2.42
2.42
5.72

FY

FY
FY
FY
FY
FY

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
12M
12M
FY
FY
FY
FY
FY
FY

3.53
0.41
34.91
(0.04)
(2.84)
2.72
3.33
0.63
5.02
(0.06)
2.23
0.41
(0.41)
0.25
0.90
(0.46)
0.85
(0.51)
(17.37)
0.85
0.81
0.08
1.45
1.29
(0.18)
(0.18)
2.31

Sector PBV = 2.8

Cash
Cash Per
PER (x)
Balance
Share
12/13
13/14 (F) (SLRs.Mn) (SLRs.)

EPS (SLRs.)

2013/14

58.00
10.70
261.00
12.40
30.10
82.20

1,596

WoW Change = -0.4%

9M
12M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M

DPS
Last FY
(SLRs.)

NAV
(SLRs)

PBV
(x)

10.30
(10.89)
7.41
(6.69)
19.00
15.43

12.32
25.86
5.61
(236.53)
(7.94)
22.69

3,185
206
1,344
352
66
564

7.19
0.41
191.97
1.45
0.47
2.82

4.00
4.00
3.00

48.56
16.86
506.05
6.74
13.84
29.50

1.19
0.63
0.52
1.84
2.17
2.79

13.59
12.84
9.57
6.21
12.44
16.11
26.48
11.31
7.71
(32.24)
15.53
(92.01)
(2.04)
18.46
9.43
6.84
8.19
6.47
11.56
7.89
13.96

16.23
22.12
11.20
(338.26)
16.12
22.64
(8.93)
49.82
29.98
(26.17)
27.38
(22.65)
(3.06)
39.52
12.42
413.71
28.69
43.72
(115.98)
(79.11)
25.95

4,824
1,230
(32)
164
11
1,670
(84)
(12)
50
(684)
30
244
170
(3)
(2)
88
(13)
(292)
163

14.34
9.49
(0.67)
3.11
1.88
1.15
(0.69)
(0.26)
1.66
(7.09)
0.60
1.42
15.71
(0.07)
(0.02)
2.80
(1.46)
(49.76)
1.46
1.46
6.65

1.00
4.50
0.32
1.00
0.30
0.50
0.80
2.00
1.50
2.00
5.00
0.50

41.60
27.63
56.22
44.39
57.80
11.77
6.88
19.42
44.58
29.16
33.87
33.69
100.60
51.10
10.02
31.34
70.77
41.84
15.54
15.54
123.58

1.73
0.67
1.33
0.56
0.83
1.05
0.71
0.85
0.81
0.56
0.91
0.46
0.71
0.88
1.34
1.37
0.78
1.79
1.80
1.23
0.65

133

*During December 2012 Riverina Hotels PLC was amalgamated with Palm Garden Hotels PLC. All the assets and liabilities of Palm Garden are adjusted for the transaction.

HEALTH CARE
COMPANY
Asiri Surgical
Asiri Central
Asiri Hospitals
Ceylon Hospitals
Ceylon Hospitals (X)
Lanka Hospials
Nawaloka

Sector Index =
F
Y
M
M
M
M
M
D
M

Price
SLRs
14-Mar
13.90
250.10
19.00
110.00
77.00
41.20
3.20

WoW
Change
in Price
1.50
0.10
(0.60)
(5.50)
0.00
(0.90)
0.00

No. of
shares
(Mn)
528.46
22.33
1,099.09
25.53
8.35
223.73
1,409.51

M.CAP
SLRs.
Mn
7,346
5,586
20,883
3,451

2011/12
495.68
118.76
609.33
251.16

9,218
4,510

436.62
270.69

Note:ForwardPERisarrivedatbasedontheannualisedEPSadjustedforanyexceptionalitems.

781.03

WoW Change = -0.4%

Net Profit (SLRs. Mn)


2012/13
1,750.80
1.95
696.47
264.41
386.06
454.26

FY
FY
FY
12M
FY
FY

2013/14
336.44
2.99
709.03
181.49
676.77
235.89

Sector PE = 15.2

EPS (SLRs.)

9M
9M
9M
9M
12M
9M

12/13
3.31 FY
0.09 FY
0.63 FY
7.81 12M
7.81 12M
1.73 FY
0.32 FY

FundamentalAnalysisDivision
Capital TRUST Research (Pvt) Ltd.

13/14
0.64
0.13
0.65
5.36
5.36
3.02
0.17

PER (x)

9M
9M
9M
9M
9M
12M
9M

12/13
13/14 (F)
4.20
16.37
2,865.28 1,400.47
29.98
22.09
14.09
15.40
9.86
10.78
23.88
13.62
9.93
14.34

Sector PBV = 2.6

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
50
0.10
1.56
(5)
(0.21)
(167)
(0.15)
0.55
(224)
(6.61)
2.00
(6.61)
2.00
929
4.15
1.50
(283)
(0.20)
0.05

NAV
(SLRs)
7.03
91.85
5.58
78.26
78.26
18.09
2.80

PBV
(x)
1.98
2.72
3.40
1.41
0.98
2.28
1.14

DIVERSIFIED
COMPANY
Aitken Spence
Carsons
C T Holdings
CFLB
Dunamis Capital
Expolanka Holdings
F L C Holdings
Hayleys
Hemas Holdings
JKH
Richard Pieris
Softlogic Holdings
Sunshine Holdings
Vallibel One

Sector Index =
F
Y
M
M
M
M
M
M
M
M
M
M
M
M
M
M

Price
SLRs
14-Mar
99.00
340.30
134.60
24.70
12.50
8.50
1.90
287.00
38.00
220.00
6.50
10.50
29.20
16.80

WoW
Change
in Price
(0.90)
(9.70)
(7.40)
(1.30)
(0.80)
(0.20)
0.00
(1.00)
0.30
(8.00)
0.00
0.20
(0.40)
0.20

No. of
shares
(Mn)

M.CAP
SLRs.
Mn

406.00
40,194
196.39
66,830
183.10
24,645
180.00
4,446
123.00
1,537
1,954.92
16,617
1,368.00
2,599
75.00
21,525
515.29
19,581
990.24 217,852
1,983.74
12,894
779.00
8,180
133.83
3,908
1,086.56
18,254

INVESTMENT TRUST
COMPANY
Ascot Holdings
Ceylon Guardian
Ceylon Investment
Environmental Resources
Renuka Holdings
Renuka Holdings (X)

F
Y
M
M
M
M
M
M

Price
SLRs
14-Mar
130.00
179.00
75.00
13.20
30.60
21.00

2.40
(1.00)
(1.20)
0.20
0.40
0.00

No. of
shares
(Mn)
7.99
82.10
98.51
349.37
44.52
6.43

M.CAP
SLRs.
Mn
1,038
14,695
7,389
4,612
1,497

COMPANY
C T Land
Cargo Boat
City Housing & Real Estate
Colombo Land
East West
Equity One
Equity Two
Kelsey Developments
Overseas Reality
PDL
Seylan Developments
Touchwood
York Arcade

F
Y
M
M
M
D
M
M
M
M
D
D
D
M
M

2012/13
2011/12
3,709.16
3,266.84
7,002.23
4,567.32
1,136.76
1,977.28
1,264.54
724.69
(379.86)
236.13
1,033.33
1,060.66
49.51
558.19
2,519.73
1,853.64
1,164.53
1,657.66
9,686.91 12,201.08
2,575.06
1,902.72
448.27
(338.37)
448.49
611.65
2,545.37
2,154.04

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY

0.20
(1.90)
0.20
0.20
(0.10)
(0.10)
(1.50)
(0.70)
(0.40)
(4.50)
(0.30)
(0.10)
0.10

No. of
shares
(Mn)
48.75
10.20
13.38
199.88
138.24
40.32
31.00
17.43
843.48
66.00
147.96
106.91
12.00

M.CAP
SLRs.
Mn
1,438
1,021
127
6,996
1,590
1,206
840
295
16,954
4,224
1,361
278
158

Note:ForwardPERisarrivedatbasedontheannualisedEPSadjustedforanyexceptionalitems.

2013/14
2,306.59
786.64
685.22
(662.39)
63.59
1,344.86
23.22
1,225.61
1,472.87
7,040.32
956.34
196.27
428.36
823.94

EPS (SLRs.)

9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M

Net Profit (SLRs. Mn)


2011/12
(44.25)
2,166.95
1,010.49
107.46
258.97

2012/13
10.71
1,881.07
1,258.76
(236.34)
191.48

2012/13
261.09
85.74
6.92
(90.35)
(12.36)
141.66
44.97
(55.47)
2,469.07
348.16
40.68
73.34
10.09

12/13
8.05
23.26
10.80
4.03
1.92
0.54
0.41
24.72
3.22
12.32
0.96
(0.43)
4.57
1.98

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY

13/14
5.68
4.01
3.74
(3.68)
0.52
0.69
0.02
16.34
2.86
7.11
0.48
0.25
3.20
0.76

9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M
9M

FY
FY
12M
FY
FY

2013/14
25.40
825.55
597.26
94.84
164.32

567.28

9M
9M
9M
9M
9M

FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
12M
FY

2013/14
131.28
233.02
(10.45)
(10.57)
30.39
42.44
21.30
161.88
2,436.91
428.61
18.41
17.63
4.46

12/13
1.34 FY
22.91 FY
12.78 12M
(0.68) FY
3.76 FY
3.76 FY

13/14
3.18
10.06
6.06
0.27
3.23
3.23

9M
9M
9M
9M
9M
9M

9M
9M
9M
12M
9M
9M
9M
9M
12M
12M
FY
3M
9M

FundamentalAnalysisDivision
Capital TRUST Research (Pvt) Ltd.

Cash
Cash Per
DPS
Balance
Share
Last FY
13/14 (F) (SLRs.Mn) (SLRs.) (SLRs.)
30.66
(31)
(3.89)
13.35
2,779
33.86
2.50
9.28
951
9.65
1.75
53.70
1,326
3.79
7.90
63
1.24
0.70
5.42
1.24
0.70

Sector PE = 10.6

EPS (SLRs.)
13/14
2.69
22.85
(0.78)
(0.05)
0.22
1.05
0.69
9.29
2.89
6.49
0.12
0.16
0.37

12/13
96.94
7.81
5.87
(19.51)
8.14
5.59

9M
9M
9M
12M
9M
9M
9M
9M
12M
12M
FY
3M
9M

NAV
(SLRs)

PBV
(x)

73.89
153.52
89.58
40.51
11.35
5.19
4.72
307.94
25.39
119.84
4.30
9.43
33.32
28.41

1.34
2.22
1.50
0.61
1.10
1.64
0.40
0.93
1.50
1.84
1.51
1.11
0.88
0.59

Sector PBV = 1.1

PER (x)

WoW Change = -1.7%

12/13
5.36 FY
8.41 FY
0.52 FY
(0.45) FY
(0.09) FY
3.51 FY
1.45 FY
(3.18) FY
2.93 FY
5.28 FY
0.27 FY
0.69 12M
0.84 FY

Sector PBV = 1.9

Cash
Cash Per
DPS
PER (x)
Balance
Share
Last FY
12/13
13/14 (F) (SLRs.Mn) (SLRs.) (SLRs.)
12.30
13.07
(2,820)
(6.95)
1.50
14.63
63.72
(5,338)
(27.18)
2.00
12.46
31.88
(2,204)
(12.04)
5.80
6.14
(5.03)
(1,721)
(9.56)
0.30
6.51
18.13
35
0.28
1.00
15.67
10.43
2,455
1.26
0.33
4.66
83.94
530
0.39
0.15
11.61
13.17
(11,278) (150.37)
4.50
11.81
9.97
1,052
2.04
0.75
17.86
23.21
26,693
26.96
3.03
6.78
10.11
(119)
(0.06)
0.25
(24.17)
31.26
641
0.82
0.30
6.39
6.84
846
6.32
0.50
8.47
16.62
(1,872)
(1.72)
0.70

Sector PE = 24.0

EPS (SLRs.)

Net Profit (SLRs. Mn)


2011/12
258.69
103.38
5.31
335.04
(54.76)
85.62
45.77
(18.17)
2,681.10
315.20
14.51
104.57
7.39

Sector PE = 21.0

17,388.26 WoW Change = -0.4%

Sector Index =
WoW
Change
in Price

WoW Change = -2.4%

Net Profit (SLRs. Mn)

Sector Index =
WoW
Change
in Price

LAND & PROPERTY


Price
SLRs
14-Mar
29.50
100.10
9.50
35.00
11.50
29.90
27.10
16.90
20.10
64.00
9.20
2.60
13.20

1,736.76

NAV
(SLRs)

PBV
(x)

70.35
170.22
83.80
23.24
50.98
50.98

1.85
1.05
0.89
0.57
0.60
0.41

Sector PBV = 0.9

Cash
Cash Per
DPS
PER (x)
Balance
Share
Last FY
12/13
13/14 (F) (SLRs.Mn) (SLRs.) (SLRs.)
5.51
8.22
(1)
(0.02)
2.00
11.91
3.66
263
25.78
1.50
18.38
(9.12)
(10)
(0.72)
(77.43) (661.67)
(25)
(0.12)
(128.58)
39.24
37
0.27
8.51
21.30
42
1.04
0.11
18.68
29.58
24
0.76
(5.31)
1.88
166
9.50
6.87
6.96
1,674
1.98
1.45
12.13
9.86
135
2.05
3.00
33.46
73.92
16
0.11
0.30
3.79
3.94
(5)
(0.05)
15.70
26.62
27
2.28
0.40

NAV
(SLRs)
54.92
161.27
10.47
13.44
9.78
42.88
19.89
12.53
28.66
48.03
28.59
30.78
13.39

PBV
(x)
0.54
0.62
0.91
2.60
1.18
0.70
1.36
1.35
0.70
1.33
0.32
0.08
0.99

MANUFACTURING
COMPANY
ACL
ACL Plastics
ACME
Blue Diamonds
Blue Diamonds (X)
Bogala Graphite
Chevron
Dankotuwa Porcelain
Dipped Products
Grain Elevators
Kelani Cables
Kelani Tyres
Lanka Ceramic
Lanka Floortiles
Lanka Walltiles
Laxapana Batteries
Swisstek
Piramal Glass
Regnis
Royal Ceramic
Sierra Cabels
Singer Industries
Textured Jersey
Tokyo Cement
Tokyo Cement (X)

F
Y
M
M
M
M
M
D
D
M
M
D
M
M
M
M
M
M
M
M
D
M
M
D
M
M
M

Sector Index =
Price
SLRs
14-Mar
61.10
92.50
9.00
3.30
1.10
18.10
270.00
12.00
90.00
36.40
79.00
50.50
93.10
76.60
62.10
3.50
21.00
3.60
62.10
78.80
1.70
107 30
107.30
15.50
34.00
27.90

WoW
Change
in Price
(1.90)
2.50
(0.10)
0.10
0.00
(0.70)
(3.00)
0.10
1.80
0.10
0.00
(0.50)
0.10
(3.30)
0.60
(0.10)
0.00
0.00
(3.10)
(1.20)
0.00
6 30
6.30
(0.10)
0.00
8.40

No. of
shares
(Mn)
59.89
4.21
25.61
103.30
153.37
47.32
120.00
72.25
59.86
60.00
21.80
80.40
30.00
53.05
54.60
39.00
27.37
950.09
11.27
110.79
537.51
3 85
3.85
655.00
222.75
111.38

M.CAP
SLRs.
Mn
3,660
390
231
510

Price
SLRs
14-Mar
1,475.00
85.80
496.00
238.00
125.00

WoW
Change
in Price
85.00
3.30
(2.00)
(2.00)
28.70

No. of
shares
(Mn)
3.62
15.20
8.88
6.03
67.27

M.CAP
SLRs.
Mn
5,341
1,304
4,403
1,436
8,408

WoW
Change
in Price
0.50
0.00
(0.20)
(0.10)
0.10
0.20

No. of
shares
(Mn)
125.20
532.53
335.00
52.00
500.00
747.11

M.CAP
SLRs.
Mn
2,241
20,502
11,860

856
32,400
867
5,388
2,184
1,722
4,060
2,793
4,064
3,391
137
575
3,420
700
8,730
914
413
10,153
10,681

2,852.76

WoW Change = -0.9%

Net Profit (SLRs. Mn)


2011/12
489.35
52.87
13.40
11.92
20.77
2,000.62
(91.89)
1,905.98
419.39
280.69
298.36
325.95
586.34
753.23
(79.58)
0.69
685.31
83.59
1,243.28
120.88
46 49
46.49
628.93
1,170.87

2012/13
534.64
41.21
(41.26)
(26.22)
22.83
2,287.67
34.67
1,417.89
150.38
200.35
447.62
128.08
615.82
508.22
(42.20)
(17.08)
724.38
84.09
1,670.39
(11.31)
32 21
32.21
1,015.95
883.61

FY
FY
12M
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
FY
12M
FY
FY

2013/14
333.73
51.68
(61.88)
(13.93)
24.76
2,531.90
10.29
578.91
119.96
172.84
336.14
183.28
452.28
315.30
9.20
34.92
773.75
108.05
366.01
22.34
13 67
13.67
804.97
1,722.17

Sector PE = 13.1

EPS (SLRs.)

9M
9M
9M
9M
12M
12M
9M
9M
12M
9M
6M
9M
9M
9M
9M
9M
9M
12M
9M
9M
12M
9M
9M

12/13
8.93 FY
9.78 FY
(1.61) 12M
(0.10) FY
(0.10) FY
0.48 FY
19.06 FY
0.48 FY
23.69 FY
2.51 FY
9.19 FY
5.57 FY
4.27 FY
11.61 FY
9.31 FY
(1.08) FY
(0.62) FY
0.76 FY
7.46 FY
15.08 FY
(0.02) FY
8 38 12M
8.38
1.55 FY
2.64 FY
2.64 FY

13/14
5.57
12.27
(2.42)
(0.05)
(0.05)
0.52
21.10
0.14
9.67
2.00
7.93
4.18
6.11
8.53
5.77
0.24
1.28
0.81
9.59
3.30
0.04
3 56
3.56
1.23
5.15
5.15

PER (x)

9M
9M
9M
9M
9M
12M
12M
9M
9M
12M
9M
6M
9M
9M
9M
9M
9M
9M
12M
9M
9M
12M
9M
9M
9M

12/13
13/14 (F)
6.84
8.22
9.46
5.65
(5.59)
(2.79)
(32.31)
(45.60)
(10.77)
(15.20)
37.51
34.59
14.16
12.80
25.00
63.19
3.80
6.98
14.52
18.21
8.60
7.47
9.07
6.04
21.81
11.43
6.60
6.74
6.67
8.07
(3.23)
(33.66)
12.35
4.72
4.20
8.32
6.48
5.23
17.89
(80.77)
30.67
12 81
30 18
12.81
30.18
9.99
9.46
12.86
4.95
10.55
4.06

Sector PBV = 1.8

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
213
3.55
1.00
2
0.55
1.00
(141)
(5.49)
84
0.33
0
20
0.42
0.25
2,485
20.71
15.00
306
4.24
0.40
(1,533)
(25.61)
7.00
44
0.73
0.14
88
4.03
1.50
(101)
(1.25)
1.65
(721)
(24.03)
1.10
(241)
(4.54)
4.10
(739)
(13.54)
3.00
3
0.09
(117)
(4.26)
80
0.08
0.38
(37)
(3.30)
2.00
(2,100)
(18.96)
2.00
(129)
(0.24)
0.10
(10 01)
0 50
(39)
(10.01)
0.50
2,341
3.57
1.24
159
0.48
1.00
0.48
1.00

NAV
(SLRs)

PBV
(x)

100.04
155.79
16.03
1.12
1.12
4.16
40.33
11.17
121.73
46.20
105.65
24.57
89.52
65.17
101.38
3.90
22.78
3.67
74.22
78.11
3.10
235 96
235.96
9.64
25.78
25.78

0.61
0.59
0.56
2.95
0.98
4.35
6.69
1.07
0.74
0.79
0.75
2.06
1.04
1.18
0.61
0.90
0.92
0.98
0.84
1.01
0.55
0 45
0.45
1.61
1.32
1.08

* Change in the financial year

MOTOR
COMPANY
Lanka Ashok Leyland
Colonial Motors
DIMO
Sathosa Motors
United Motors

Sector Index =
F
Y
M
M
M
M
M

POWER & ENERGY


COMPANY
Hemas Power
Lanka IOC
Laugfs Gas
Laugfs Gas (X)
Panasian Power
Vallibel Power

F
Y
M
M
M
M
M
M

Price
SLRs
14-Mar
17.90
38.50
31.60
24.50
2.30
5.70

15,445.10 WoW Change = 1.2%

Net Profit (SLRs. Mn)


2011/12
1,183.13
587.56
2,701.65
175.78
2,281.33

2012/13
354.82
222.04
462.15
200.68
2,012.91

FY
FY
FY
12M
FY

Sector Index =

1,150
4,259

Note:ForwardPERisarrivedatbasedontheannualisedEPSadjustedforanyexceptionalitems.

2013/14
79.07
(170.34)
187.19
194.78
1,419.79

138.90

EPS (SLRs.)

9M
9M
9M
9M
9M

107.08
248.70

2012/13
282.45
2,908.83
1,060.82
107.74
289.14

FY
FY
FY
FY
FY

2013/14
275.31
4,090.56
1,269.54
126.01
628.58

12/13
97.99 FY
14.61 FY
52.06 FY
33.26 12M
29.92 FY

13/14
21.84
(11.21)
21.09
32.28
21.11

PER (x)

9M
9M
9M
9M
9M

WoW Change = 0.4%

Net Profit (SLRs. Mn)


2011/12
249.83
907.26
822.48

Sector PE = 7.7

Sector PE = 8.5

EPS (SLRs.)

9M
9M
9M
9M
9M

12/13
2.26
5.46
2.74
2.74
0.22
0.39

FY
FY
FY
FY
FY
FY

FundamentalAnalysisDivision
Capital TRUST Research (Pvt) Ltd.

13/14
2.20
7.68
3.28
3.28
0.25
0.84

12/13
13/14 (F)
15.05
50.66
5.87
(5.74)
9.53
17.64
7.16
5.53
4.18
4.44

PER (x)

9M
9M
9M
9M
9M
9M

12/13
13/14 (F)
7.93
6.11
7.05
3.76
11.53
7.22
8.94
5.60
10.67
6.84
14.73
5.08

Sector PBV = 1.2

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
(126)
(34.92)
10.00
208
13.71
3.00
(2,708) (305.12)
10.00
29
4.84
5.00
663
9.86
6.00

NAV
(SLRs)

PBV
(x)

692.06
218.12
870.76
155.04
119.96

2.13
0.39
0.57
1.54
1.04

Sector PBV = 1.5

Cash
Cash Per
DPS
Share
Last FY
Balance
(SLRs.Mn) (SLRs.) (SLRs.)
(532)
(4.25)
1.40
4,640
8.71
1.00
1,099
2.84
1.50
2.84
1.50
75
0.15
0.10
161
0.22
0.60

NAV
(SLRs)
23.91
31.15
18.50
18.50
2.04
2.67

PBV
(x)
0.75
1.24
1.71
1.32
1.13
2.14

Vidullanka

3.60

(0.20)

477.27

1,718

INFORMATION TECHNOLOGY
COMPANY
E-Channelling
PC House

F
Y
M
M

Agalawatte
Balangoda
Bogawantalawa
Elpitiya
Hapugastenne
Horana
Kahawatte
Kegalle
Kelani Valley
Kotagala
Madulsima
Malwatte
Malwatte (X)
Maskeliya
Namunukula
Talawakelle
Udupussellawa
Watawala

WoW
Change
in Price
0.00
0.00

No. of
shares
(Mn)
122.13
343.40

M.CAP
SLRs.
Mn
1,783
137

Price
SLRs
14-Mar
24.20
30.70
8.80
17.00
33.00
22.80
34.10
100.20
80.40
35.00
10.20
3.90
3.60
10.50
83.60
29.40
23.30
9.50

WoW
Change
in Price

No. of
shares
(Mn)

M.CAP
SLRs.
Mn

Dialog Telekom
SLT

F
Y
D
D
M
M
D
M
D
M
D
M
D
D
D
M
M
D
D
M

0.50
(0.20)
(0.50)
0.10
0.10
0.10
(3.10)
2.20
2.30
(1.30)
(0.10)
(0.20)
0.00
0.20
(0.40)
(0.10)
1.20
(0.50)

25.00
23.64
83.75
72.87
46.32
25.00
79.89
25.00
34.00
40.00
29.00
202.79
20.25
53.95
23.75
23.75
19.40
236.67

Brown & Company


C.W. Mackie
Tess Agro
Tess Agro (x)

87.60

2011/12
97.16
86.85

2012/13
78.03
(506.63)

FY
FY

F
Y
D
D

WoW
Change
in Price

605
726
737
1,239
1,528
570
2,724
2,505
2,734
1,400
296
864
567
1,986
698
452
2,248

(258.75)
352.62
(92.58)
(30.16)
455.04

268.55
409.16
208.41
(11.41)
680.24

Price
SLRs
14-Mar
87.00
58.10
1.10
1.20

M.CAP
SLRs.
Mn

0.00
(0.30)

8,143.78
1,804.86

73,294
80,316

WoW
Change
in Price
(3.10)
(3.70)
(0.20)

No. of
shares
(Mn)
70.88
35.99
280.00
40.00

M.CAP
SLRs.
Mn
6,166
2,091
308
48

FY
12M
FY
FY
FY
FY
FY
12M
FY
FY
12M
FY
FY
FY
12M
FY
FY

M
M
M
M

2013/14
12.47
92.86
(51.40)
277.22
246.65
181.28
118.92
324.98
384.13
(336.83)
(111.04)
207.64
(170.07)
242.86
182.98
60.60
310.68

171.78

2011/12
4,869.56
4,505.00

2012/13
6,030.19
4,036.00

FY
FY

2013/14
5,194.14
5,438.00

2012/13
359.96
162.01
(15.81)

FY

0.41

9M

9M
9M

12/13
0.64
(1.48)

FY
FY

13/14
0.28
(2.04)

9M
9M

12M
12M
9M
9M
12M
9M
12M
9M
12M
9M
12M
12M
9M
9M
12M
12M
9M

12M
12M
9M
9M
12M
9M
12M
9M
12M
9M
12M
12M
12M
9M
9M
12M
12M
9M

12M

FY
FY

13/14
0.64
3.01

12M
12M

13,081.97 WoW Change = -3.3%

FY
FY
FY

2013/14
376.23
135.11
0.91

9M
9M
9M

FY
FY
FY

13/14
5.31
3.75
0.00

12/13
13/14 (F)
4.38
48.52
7.87
7.81
2.10
(10.75)
2.85
3.35
28.46
6.20
2.81
2.36
155.56
22.91
4.61
5.78
4.67
7.12
2.71
(3.12)
(22.58)
(2.66)
2.74
4.19
2.53
3.87
2.11
(2.50)
4.85
6.13
3.35
3.82
(39.60)
7.46
3.31
5.43

Cash
Cash Per
PER (x)
Balance
Share
12/13
13/14 (F) (SLRs.Mn) (SLRs.)
12.15
14.11
1,447
0.18
19.90
14.77
2,194
1.22

Sector PE = 27.3

EPS (SLRs.)
12/13
5.08
4.50
(0.05)

0.55

PER (x)

9M
9M
9M

12/13
13/14 (F)
17.13
12.29
12.91
11.61
(22.27) 289.16
(24.29) 315.45

2.47

1.46

Sector PBV = 1.7


NAV
(SLRs)
1.03
1.52

PBV
(x)
14.16
0.26

Sector PBV = 0.7

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
(201)
(8.03)
2.00
(284)
(12.03)
1.00
43
0.51
0.10
(195)
(2.68)
0.50
(143)
(3.09)
(118)
(4.74)
2.00
(339)
(4.24)
0.50
3,502
140.09
13.50
235
6.92
3.50
(472)
(11.79)
2.50
(328)
(11.30)
(74)
(0.33)
0.08
(0.33)
0.08
(173)
(3.21)
319
13.45
10.50
(59)
(2.49)
3.00
(121)
(6.24)
(274)
(1.16)
0.75

Sector PE = 16.1

EPS (SLRs.)
12/13
0.74
2.24

0.05

Cash
Cash Per
DPS
Balance
Share
Last FY
12/13
13/14 (F) (SLRs.Mn) (SLRs.) (SLRs.)
22.85
38.89
38
0.31
0.85
(0.27)
(0.15)
(140)
(0.41)
-

PER (x)

WoW Change = -0.3%

12M

26

Sector PE = 5.1

EPS (SLRs.)
13/14
0.50
3.93
(0.61)
3.80
5.33
7.25
1.49
13.00
11.30
(8.42)
(3.83)
0.93
0.93
(3.15)
10.23
7.70
3.12
1.31

6.54

PER (x)

WoW Change = -1.3%

12/13
5.53 FY
3.90 12M
4.19 FY
5.96 FY
1.16 FY
8.11 FY
0.22 FY
21.74 12M
17.20 FY
12.92 FY
(0.45) 12M
1.42 FY
1.42 FY
4.98 FY
17.23 FY
8.78 12M
(0.59) FY
2.87 FY

16.08

Sector PE = N/A

EPS (SLRs.)

Net Profit (SLRs. Mn)


2011/12
1,170.88
383.50
17.66

0.22

WoW Change = 0.0%

Net Profit (SLRs. Mn)

Sector Index =
F
Y

9M

Net Profit (SLRs. Mn)


2012/13
138.13
92.21
350.54
434.03
53.70
202.72
17.51
543.62
584.76
516.73
(13.10)
317.74

No. of
shares
(Mn)

2013/14
34.39
(700.28)

709.00

Sector Index =

Price
SLRs
14-Mar
9.00
44.50

197.13

Net Profit (SLRs. Mn)

2011/12
135.60
16.67
(284.69)
184.89
(9.18)
110.51
171.67
681.49
458.81
323.35
(23.23)
122.82

TRADING
COMPANY

FY

Sector Index =

TELECOMMUNICATIONS
COMPANY

106.83

Sector Index =

Price
SLRs
14-Mar
14.60
0.40

PLANTATIONS
COMPANY

23.52

NAV
(SLRs)

PBV
(x)

48.97
115.10
11.77
37.89
42.30
59.91
13.46
133.89
81.64
79.75
58.04
9.70
9.70
25.96
85.26
63.09
34.60
17.30

0.49
0.27
0.75
0.45
0.78
0.38
2.53
0.75
0.98
0.44
0.18
0.40
0.37
0.40
0.98
0.47
0.67
0.55

Sector PBV = 1.5


DPS
Last FY
(SLRs.)

NAV
(SLRs)

0.29
0.85

4.88
33.13

PBV
(x)
1.84
1.34

Sector PBV = 1.0

Cash
Cash Per
DPS
Balance
Share
Last FY
(SLRs.Mn) (SLRs.) (SLRs.)
(16)
(0.23)
0.50
(61)
(1.70)
3.00
10
0.03
0.04

NAV
(SLRs)
197.59
46.93
1.25
1.25

PBV
(x)
0.44
1.24
0.88
0.96

* CWM FY10/11 net profit is for 5 quarters due to change in the financial year
TheinformationandtheopinionscontainedhereinwerecompiledbyCapitalTRUSTResearch(Pvt)Ltd,andarebasedoninformationobtainedfromreliablesourcesingoodfaith.However,suchinformationhasnotbeenindependentlyverifiedandnoguarantee,representationorwarranty
expressedorimpliedismadebyCapitalTRUSTResearch(Pvt)Ltdanditsrelatedcompaniesastoitsaccuracyorcompleteness.Thisreportisnotandshouldnotbeconstruedasanoffertosellorasolicitationofanoffertobuyanysecurity.NeitherCapitalTRUSTResearch(Pvt)Ltdnorits
relatedcompanies,directorsandemployeescanbeheldliablewhatsoeverforanydirectorconsequentiallossarisingfromanyuseofthisreportortheinformationcontainedherein.

Note:ForwardPERisarrivedatbasedontheannualisedEPSadjustedforanyexceptionalitems.

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