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Hayleys PLC | Annual Report 2025/26

A CONTINUUM OF GROWTH

About Hayleys

The Hayleys Group is Sri Lanka’s most diversified conglomerate and a cornerstone of the country’s socio-economic landscape. With extensive business interests across 14 sectors and globally leading market positions in several key business lines, the Group has propelled Sri Lankan industries forward through a relentless focus on innovation, quality, sustainability and broad-based stakeholder value creation.

Chairman's Message

Reflections from the Chairman & Chief Executive

"As emerging avenues for growth began to take shape, we acted with a greater degree of boldness, moving decisively to strengthen our presence in new verticals as we lay the foundations for the continued evolution of our portfolio"

Leadership & Governance

Responsible and Responsive Leadership

Active Governance

Driving Long-term Value

  • Board–GMC alignment at the core of coordinated leadership
  • Key focus: Personal Data Protection Act and mandatory SLFRS S1 & S2 sustainability disclosure standards
  • AAA(lka) credit rating maintained
Read more →
Strategic Leadership

Board Diversity

  • Ms. Rumal Fernando appointed as Independent Non-Executive Director
  • GMC strengthened with three new appointments
  • Enhanced gender balance progressively advanced across Group Boards
Read more →
Ethics & Culture

Zero Tolerance, Full Compliance

  • Zero bribery and corruption incidents
  • 100% compliance with relevant laws and regulations
  • Anti-discriminatory training programme and whistleblower protection across the Group
Read more →

Strategy

Purpose-Driven Strategy

Strategic pillar · 01 / 05

Financial Highlights

Record Scale, Stronger Earnings

A record year for the Group — double-digit revenue growth, resilient earnings and a materially strengthened balance sheet for the year ended 31 March 2026.

Revenue ▲ 19.26%
Rs. 585.02bn The highest in the Group's history. View breakdown →
Profit before tax ▲ 3.62%
Rs. 38.04bn Supported by resilient sector earnings. View breakdown →
Total assets ▲ 26.46%
Rs. 645.82bn Across the diversified portfolio. View breakdown →
Total equity ▲ 21.55%
Rs. 113.22bn Strengthening the balance sheet. View breakdown →

Investor Dashboard

Revenue mix

ESG Performance Statement

Measuring Our Impact

75%
Renewable energy reliance
Target 90% by 2030
763,955 t
Total carbon footprint (tCO₂e)
7.65M m³
Total water withdrawal
176,022 m³
Rainwater harvested
38,746
Employees on payroll
579,104 h
Employee training hours
−26%
Workplace injuries (YoY)
Rs. 444M
CSR & community investment
NIL
Corruption & HR incidents
USD 800M
Foreign currency inflows
Rs. 55.36B
Direct & indirect tax paid
Rs. 172.06B
Economic value generated

Value Creation

Value Across Our Portfolio

Sector Highlights 2025/26 Consumer & Retail
Sector 01 7 highlights Full ring KPI view

Sectors

14 Sectors

0127% Revenue

Consumer & Retail

Sri Lanka's leading supplier of consumer durables through Singer (Sri Lanka) PLC, and exclusive distributor for P&G products in Sri Lanka and the Maldives.

29%of Group PBT
0220% Revenue

Transportation & Logistics

The leader in the country's transportation and logistics industry, offering the entire gamut of transportation-related services.

15%of Group PBT
0311% Revenue

Purification

Global leader in coconut-shell-based activated carbon and purification solutions.

15%of Group PBT
049% Revenue

Hand Protection

Manufacturer and exporter of household and industrial gloves, serving 5% of global demand.

11%of Group PBT
058% Revenue

Agriculture

Industry pioneer in agricultural innovation, providing a wide range of agriculture-related solutions to the retail and export markets.

7%of Group PBT
066% Revenue

Textiles

Sri Lanka's largest fabric mill and supplier of fabric to leading global fashion brands.

3%of Group PBT
075% Revenue

Energy, Mobility & Projects

Integrated solutions including solar EPC, renewable energy and mobility through Hayleys Fentons and Hayleys Mobility.

6%of Group PBT
083% Revenue

Plantations

Three leading Regional Plantation Companies that collectively generate 4.5% and 4.8% of the country's tea and rubber production.

6%of Group PBT
093% Revenue

Construction Materials

Sri Lanka's leading manufacturer and exporter of aluminium extrusions for residential and industrial segments.

3%of Group PBT
103% Revenue

Eco Solutions

Sri Lanka's leading manufacturer and exporter of value-added coconut fibre products.

0.3%of Group PBT
112% Revenue

Industry Inputs, Power & Energy

Hayleys Aventura supplies world-class industrial raw materials and engineering solutions, and generates renewable energy with 54MW of hydro, solar and wind capacity.

3%of Group PBT
122% Revenue

Tea Exports

Value-added tea exporter Mabroc (Teas) and tea-extract and aroma manufacturer Martin Bauer Hayleys.

2%of Group PBT
131% Revenue

Leisure

The Kingsbury five-star city hotel, NH Maldives Kuda Rah and the Amaya Resorts chain across Sri Lanka.

1%of Group PBT
140% Revenue

Others

Hayleys Group Services and Hayleys Business Solutions International, providing BPO and shared services within the Group.

-2%of Group PBT
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Data & Insights

ESG

Strategic ESG Integration

ESG at a glance

0
Renewable energy reliance
All
Sectors guided by ESG roadmaps
Nil
Corruption & compliance incidents
0
Focus areas in the Hayleys Lifecode

Our approach

TARGETS FOR 2030

Hayleys Lifecode

Each ring shows 2025/26 performance against the Group's 2030 commitments. Swipe or use the arrows to explore the six pillars.

Risks & Opportunities

Top Risks of 2025/26

Risk & Impact

Geopolitical Risk

Escalating geopolitical tensions and armed conflicts disrupt global trade and supply chains, driving volatility in commodity, energy and transport costs.

Mitigating Actions

Geopolitical Risk

Diversify export markets into non-traditional regions; focused growth in selected markets; value-added, relatively price-inelastic product propositions.

Risk & Impact

Economic Risk

Recovery remains fragile amid global headwinds, policy uncertainty and insufficiently deep debt restructuring, weighing on growth and cross-border transactions.

Mitigating Actions

Economic Risk

Reduce domestic dependency through export-orientation; maintain strong relationships with stakeholders, lobby groups and banks.

Risk & Impact

Liquidity & Financial Stability

Financial stress and liquidity shortages in the banking system; from Jan 2028 the Single Borrower Limit falls to 25% of Tier 1 capital, constraining funding access.

Mitigating Actions

Liquidity & Financial Stability

Strengthen Board/GMC liquidity oversight; derive Group synergies to manage borrowings; diversify funding via non-banking and offshore sources.

Risk & Impact

Subdued Demand

Reduced disposable incomes, inflation and inventory build-up, with geopolitical tensions softening demand across North America, the UK, Europe and Japan.

Mitigating Actions

Subdued Demand

Diversify across markets and product categories; forward contracts with key buyers; new customer acquisition and distribution networks in key export markets.

Risk & Impact

Raw Material Costs & Supply Chains

Rising raw material costs and potential supply chain disruptions exert pressure on margins and challenge predictability and future planning.

Mitigating Actions

Raw Material Costs & Supply Chains

Daily monitoring of raw material pricing; effective inventory management; diversification of supply chains; long-term strategic supplier relationships.

Risk & Impact

Data Protection & Cybersecurity

Cyber and ransomware attacks and loss of confidential stakeholder data can lead to legal implications, financial loss and reputational damage.

Mitigating Actions

Data Protection & Cybersecurity

IT governance policies and structures; Personal Data Protection (PDP) compliance mechanisms; regular employee awareness; robust Business Continuity Plan.

Risk & Impact

Staff Turnover & Employee Relations

While talent migration has slowed, it remains a key risk, underscoring the importance of continued investment in employees to ensure retention.

Mitigating Actions

Staff Turnover & Employee Relations

Enhance the employee value proposition through retention, welfare and development; proactive engagement; cordial relationships with employee unions.

Risk & Impact

Petroleum & Electricity Costs

Geopolitical tensions and volatility in global energy markets place upward pressure on fuel and electricity costs across energy-intensive operations.

Mitigating Actions

Petroleum & Electricity Costs

Maintain adequate fuel stocks and backup systems for continuity; reduce dependence on fossil fuels by transitioning to renewable energy.

Risk & Impact

Physical Climate Risks

Extensive plantations and agriculture exposure to fluctuating rainfall, rising temperatures and increasingly erratic weather patterns.

Mitigating Actions

Physical Climate Risks

Close monitoring of weather patterns and impacts; climate adaptation measures across sectors; strengthened environmental management through certifications.

Risk & Impact

Transitional Climate Risks

Key sectors are exposed to increasingly stringent environmental and emission regulations and evolving energy policies.

Mitigating Actions

Transitional Climate Risks

Engage customers on sustainability demands; gradual transition to renewable energy; targets centred on emission, water and waste reduction.

Risk & Impact

Ecological Impacts

Ocean and soil erosion, loss of biodiversity and changes to ecosystem balance can raise overheads and affect the quality, quantity and pricing of agricultural inputs.

Mitigating Actions

Ecological Impacts

Processes to identify nature-related impacts and dependencies; embedding environmental sustainability and resource optimisation.

Identified opportunities are a vital input into the strategic planning and budgeting cycle, summarised by strategic pillar.

Strategic Priority

Portfolio Optimisation

New industry verticals, regional expansion and growth through acquisitions.

What We're Pursuing

Portfolio Optimisation

Business diversification including strategic entry to the large-scale supermarket sector, regional expansion into non-traditional markets, and growth through acquisitions.

Strategic Priority

Customer Centricity

Deepening value for customers across segments.

What We're Pursuing

Customer Centricity

Expansion in value-added product and customer segments and strengthened after-sales services.

Strategic Priority

Inclusive Business Models

Building resilient, inclusive value and supply chains.

What We're Pursuing

Inclusive Business Models

Expanding presence along the value chain and diversification of supply chains.

Strategic Priority

Nurturing Inspired Teams

Investing in a future-ready, engaged workforce.

What We're Pursuing

Nurturing Inspired Teams

Upskilling and learning platforms, mental health and employee well-being, and talent pipeline and succession planning.

Strategic Priority

Strategic ESG Integration

Turning the sustainability transition into advantage.

What We're Pursuing

Strategic ESG Integration

Energy transition, decarbonisation and sustainable innovation.

Way Forward

Navigating the Future

The global economic outlook remains fluid and increasingly influenced by geopolitical developments. However, the Sri Lankan economy has made significant progress in restoring macroeconomic stability.

The Group's capital structure and enhancement in financial flexibility will allow us to pursue strategic investments and long-term growth targets, while maintaining stable operations and seeking higher-value offerings.

Supply Chain Reconfiguration

Strategic adaptation to enhance agility, localize sourcing where possible, and actively mitigate global logistical disruptions.

Higher Energy Costs

Navigating global volatility through rapid transition to sustainable alternatives and deep process efficiency optimizations.

Macro Stability

Leveraging aggressive debt settlement and capitalizing on improving local economic indicators to fuel strategic expansion.