21 May 2026 - {{hitsCtrl.values.hits}}
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| Dr. Sajeeva Narangoda |
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| Sujeewa Mudalige |
Ambeon Capital PLC (AMC), the principal investment holding entity of the Ambeon Group, announced financial performance for the year ended 31 March 2026 (FY2025/26), delivering a consolidated Profit After Tax (PAT) of Rs. 3,242 million. This represents an exceptional year-on-year growth of 104 percent, marking one of the strongest and most transformative years in the Group’s history.
The Group recorded consolidated revenue of Rs. 19 billion, reflecting a 12 percent increase over the previous financial year. This growth was driven by consistent contributions from core business segments, complemented by enhanced operational efficiencies, disciplined cost management, and strategic portfolio optimisation across the Group.
Commenting on the Group’s performance, Sujeewa Mudalige, Chairman - Ambeon Group stated that “This excellent performance reflects the strength and maturity of Ambeon Capital PLC as the Group’s central investment platform. Our disciplined execution, combined with a clear strategic vision and prudent financial stewardship, has enabled us to unlock value across our portfolio and deliver strong, sustainable returns to our stakeholders.”
Ambeon Holdings PLC, the Group’s principal operating subsidiary, continued to serve as the primary engine of operational performance. With a diversified portfolio spanning across Information Technology, Real Estate, Group Treasury, and Strategic Investments, Ambeon Holdings reported a Profit After Tax of Rs. 3,322 million, marking a robust 64 percent year-on-year increase and reinforcing the strength of its multi-sector business model.
The Group strategic investments remained the cornerstone of profitability, contributing Rs. 2,425 million to the Group’s earnings. This performance was anchored by well-positioned strategic equity investments in leading financial institutions such as DFCC Bank PLC and Seylan Bank PLC, alongside a broader portfolio of listed and unlisted investments. The segment reflects Ambeon’s disciplined investment philosophy and its ability to generate superior returns through proactive capital allocation and value realisation strategies.
“Our performance this year is a clear testament to the resilience, depth, and adaptability of our diversified portfolio. Despite navigating a complex and evolving external environment marked by geopolitical and local economic uncertainties, we remained firmly focused on executing our strategy with discipline and consistency”, stated Dr. Sajeeva Narangoda, Group Chief Executive Officer and Executive Director of Ambeon Group.
“Our ability to proactively capitalise on emerging opportunities, while maintaining rigorous financial and operational controlshas enabled us to deliver a meaningful step-change in profitability. This outcome is also reflective of the strength of our core investment platforms, the quality of our asset base, and the dedication of our teams across the Group.As we continue to strengthen our presence across key sectors and expand into new growth areas, we are well-positioned to build on this momentum. We remain confident that our strategic direction, reinforced by prudent risk management and a long-term value creation mindset, will continue to generate sustainable returns and drive the Group’s next phase of growth.” Dr Narangoda concluded.
Across key operating sectors, the Group delivered steady and balanced performance. The Real Estate cluster, represented by Colombo City Holdings PLC, achieved a PAT of Rs. 436 million, supported by stable asset performance and capital appreciation. The Technology cluster, led by MillenniumIT ESP, recorded a PAT of Rs. 59 million, reflecting ongoing investments in innovation, capability enhancement, and strategic repositioning. Meanwhile, the Financial Services cluster, under Taprobane Capital Plus within Ambeon Capital PLC, delivered a PAT of Rs. 453 million, demonstrating sustained progress in advisory, capital markets, and investment-related activities.
During the financial year, Ambeon Capital PLC executed a series of strategic initiatives aimed at strengthening and diversifying its investment portfolio. The restructuring of Taprobane Capital Plus within Ambeon Capital streamlined the Group’s financial services platform, enhancing alignment with its broader investment framework and improving operational focus.
The Group also expanded its footprint across several high-growth sectors through targeted investments. This included the acquisition of a 51 percent stake in Mylands Development PLC, increasing its holding in Ceylon Hotels Corporation PLC to 13.33 percent, and securing a 14.1 percent stake in Capital Metals PLC. These investments enhance the Group’s exposure to real estate, leisure and tourism, and mineral resources; further strengthening portfolio diversification and earnings resilience.
In addition, Ambeon Capital initiated the acquisition of a controlling stake in Harischandra Mills PLC via Ambeon Essentials (Pvt) Limited, marking a strategic entry into the fast-moving consumer goods (FMCG) sector. This move is expected to reinforce recurring revenue streams and expand the Group’s presence in essential consumer markets.
From a financial services perspective, the Group increased its stake in DFCC Bank PLC to 9.91 percent while maintaining a 9.93 percent holding in Seylan Bank PLC, reflecting continued confidence in the long-term growth trajectory of Sri Lanka’s banking sector and its critical role in economic recovery and expansion.
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