Tea Smallholder Factories Income Statement

Financials in millions LKR. Fiscal year is April - March.

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	3,068	2,797	3,056	3,744	2,019	2,346
Revenue Growth (YoY)	1.54%	-8.47%	-18.38%	85.45%	-13.96%	11.24%
Cost of Revenue	2,985	2,765	3,095	3,333	2,029	2,257
Gross Profit	82.24	32.47	-39.01	411.02	-10.57	89.27
Selling, General & Admin	153.21	159.28	168.47	172.28	77.95	78.06
Other Operating Expenses	-157.64	-140.51	-154.97	-142.03	-76.12	-55.33
Operating Expenses	-4.43	18.78	13.49	30.24	1.83	22.73
Operating Income	86.67	13.69	-52.51	380.77	-12.4	66.54
Interest Expense	-5.86	-7.48	-22.07	-1.41	-0.03	-0.08
Interest & Investment Income	6.66	6.58	7.66	30.19	7.22	8.84
Other Non Operating Income (Expenses)	0	0	-0	-	-	-
EBT Excluding Unusual Items	87.47	12.79	-66.92	409.55	-5.2	75.3
Gain (Loss) on Sale of Assets	11.19	11.19	5.02	10.61	12.14	5.66
Asset Writedown	0	7.94	42.21	20.46	15.72	-2.37
Pretax Income	98.66	31.92	-19.69	440.63	22.66	78.59
Income Tax Expense	14.74	10.32	-25.92	162.13	7.35	12.05
Earnings From Continuing Operations	83.92	21.6	6.23	278.5	15.31	66.54
Net Income	83.92	21.6	6.23	278.5	15.31	66.54
Net Income to Common	83.92	21.6	6.23	278.5	15.31	66.54
Net Income Growth	48.57%	246.72%	-97.76%	1718.92%	-76.99%	-36.07%
Shares Outstanding (Basic)	30	30	30	30	30	30
Shares Outstanding (Diluted)	30	30	30	30	30	30
EPS (Basic)	2.78	0.72	0.21	9.28	0.51	2.22
EPS (Diluted)	2.78	0.72	0.21	9.28	0.51	2.22
EPS Growth	47.10%	246.72%	-97.76%	1718.92%	-76.99%	-36.07%
Free Cash Flow	41.76	8.51	-73.88	28.35	12.3	89.57
Free Cash Flow Per Share	1.38	0.28	-2.46	0.94	0.41	2.99
Dividend Per Share	0.210	0.210	-	6.670	1.000	1.500
Dividend Growth	-	-	-	567.00%	-33.33%	-
Gross Margin	2.68%	1.16%	-1.28%	10.98%	-0.52%	3.81%
Operating Margin	2.83%	0.49%	-1.72%	10.17%	-0.61%	2.84%
Profit Margin	2.73%	0.77%	0.20%	7.44%	0.76%	2.84%
Free Cash Flow Margin	1.36%	0.30%	-2.42%	0.76%	0.61%	3.82%
EBITDA	152.18	83.38	23.18	442.52	52.13	134.49
EBITDA Margin	4.96%	2.98%	0.76%	11.82%	2.58%	5.73%
D&A For EBITDA	65.51	69.68	75.69	61.75	64.53	67.95
EBIT	86.67	13.69	-52.51	380.77	-12.4	66.54
EBIT Margin	2.83%	0.49%	-1.72%	10.17%	-0.61%	2.84%
Effective Tax Rate	14.94%	32.34%	-	36.80%	32.42%	15.33%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.