Ambeon Capital PLC, the principal investment holding entity of the Ambeon Group, has reported a consolidated Profit After Tax of Rs. 3,242 million for the year ended 31 March 2026, representing 104% year-on-year growth and one of the strongest annual results in the group’s history.
Consolidated revenue rose 12% to Rs. 19 billion, the company said in its FY2025/26 disclosure. Principal operating subsidiary Ambeon Holdings PLC, which spans information technology, real estate, group treasury and strategic investments, posted PAT of Rs. 3,322 million — a 64% increase on the prior year.
Strategic equity investments were the cornerstone of profitability, contributing Rs. 2,425 million to group earnings. Stakes in DFCC Bank PLC, now at 9.91%, and Seylan Bank PLC at 9.93% anchored that segment, alongside a broader portfolio of listed and unlisted holdings.
Group Chairman Sujeewa Mudalige said the performance reflected “disciplined execution and prudent financial stewardship.” Group CEO Dr. Sajeeva Narangoda said the group had “navigated a complex and evolving external environment marked by geopolitical and local economic uncertainties” while remaining focused on strategic discipline.
The financial year was marked by an aggressive portfolio expansion. Ambeon Capital acquired a 51% stake in Mylands Development PLC, raised its holding in Ceylon Hotels Corporation PLC to 13.33% and secured a 14.1% stake in mineral resources company Capital Metals PLC. The group also initiated entry into the fast-moving consumer goods sector through a controlling stake in Harischandra Mills PLC via newly-formed Ambeon Essentials Ltd.
By operating segment, the Real Estate cluster led by Colombo City Holdings PLC posted Rs. 436 million PAT, the Technology cluster led by MillenniumIT ESP recorded Rs. 59 million, and the Financial Services cluster under Taprobane Capital Plus delivered Rs. 453 million.
The results land in the same earnings cycle as SLT-Mobitel’s record Q1 2026 PAT of Rs. 3.1 billion (up 53.3%) and follow a year of rapid rupee depreciation that has weighed on listed equity sentiment.
Source: Daily FT.
