Crafting Prosperity
At Hemas, prosperity has never been left to chance. We have always pursued it with purpose, resilience, and vision - and now, the time to surge ahead is here.
Standing at the threshold of a transformative new chapter, we are more prepared than ever to realise our full potential. Over the past year, we have built a strong and strategic foundation by aligning teams, streamlining our operations, and investing in the future, placing us in the ideal position for rapid, meaningful growth.
This is more than just momentum. It’s a movement - powered by innovation, inspired by impact, and driven by a renewed commitment to creating better outcomes for people, communities and shareholders
Our passion for progress runs deep. And today, every part of Hemas is aligned to move forward with agility and strength. Across our diverse operations with sustainability embedded in all we do - we are reimagining what’s possible, not just for the business, but for Sri Lanka and beyond.
The road ahead is full of opportunity, and we are moving with energy, confidence, and clarity as we craft prosperity for today, tomorrow, and generations to come.
Earnings
Rs. 8.1 Bn
(FY24: Rs. 6.1 Bn)
Total Assets
Rs. 96.9 Bn
(FY24: Rs. 93.7 Bn)
Return on Capital Employed (ROCE)
25.60%
(FY24: 22.10%)
Market Capitalisation
Rs. 71.7 Bn
(FY24: Rs. 48.0 Bn)
Husein Esufally
Chairman
Ravi Jayasekara
Acting CEO
Sector Performance
Consumer Brands Sector
Hemas Consumer Brands Sector represents some of Sri Lanka’s most trusted brands in personal care, home care and school and office stationery.
Download Consumer Sector Report
Healthcare Sector
Hemas Healthcare Sector is one of Sri Lanka’s largest private healthcare providers with a strong presence across the healthcare value chain.
Download Consumer Sector Report
Mobility Sector
Hemas Mobility Sector offers cargo solutions and air passenger services, representing several international shipping agencies and a leading airline.
Download Consumer Sector ReportIntegrated Performance Review
| Financial Performance | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Revenue | Rs. million | 117,970 | 121,614 | 113,940 |
| Gross Profit | Rs. million | 37,073 | 35,997 | 31,793 |
| Gross Profit Margin | % | 31.4 | 29.6 | 27.9 |
| EBITDA | Rs. million | 15,705 | 13,604 | 12,566 |
| EBITDA Margin | % | 13.3 | 11.2 | 11.0 |
| EBIT | Rs. million | 13,707 | 11,921 | 10,963 |
| EBIT Margin | % | 11.6 | 9.8 | 9.6 |
| Net Finance Cost | Rs. million | 978 | 2,453 | 3,198 |
| Profit Before Tax (PBT) | Rs. million | 12,729 | 9,468 | 7,765 |
| Profit After Tax (PAT) | Rs. million | 8,339 | 6,355 | 5,069 |
| Earnings | Rs. million | 8,057 | 6,109 | 4,269 |
| Earnings Margin | % | 6.8 | 5.0 | 3.7 |
| Interest Cover | times | 9.1 | 3.7 | 2.7 |
| Financial Position | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Total Assets | Rs. million | 96,891 | 93,723 | 98,498 |
| Total Equity | Rs. million | 50,320 | 44,120 | 39,120 |
| Total Liabilities | Rs. million | 46,570 | 49,603 | 59,378 |
| Net Working Capital | Rs. million | 15,214 | 18,226 | 24,433 |
| Gross Debt | Rs. million | 7,874 | 12,705 | 21,457 |
| Net Cash Flows from/(used in) Operating Activities | Rs. million | 13,389 | 13,906 | (9,262) |
| Net Cash Flows from/(used in) Investing Activities | Rs. million | (5,009) | (5,698) | (1,308) |
| Net Cash Flows from/(used in) Financing Activities | Rs. million | (7,852) | (8,523) | 9,597 |
| Cash and Short Term Deposits | Rs. million | 12,579 | 13,223 | 16,331 |
| Net Debt/(Cash) | Rs. million | (4,705) | (518) | 5,127 |
| Debt/EBITDA | times | 0.5 | 0.9 | 1.7 |
| Current Ratio | times | 1.6 | 1.6 | 1.4 |
| Quick Ratio | times | 1.1 | 1.0 | 0.9 |
| Gearing | % | 13.5 | 22.4 | 35.4 |
| Net Gearing Ratio | % | (10.3) | (1.2) | 11.6 |
| ROCE | % | 25.6 | 22.1 | 22.9 |
| Market and Shareholder | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Market Capitalisation | Rs. million | 71,677 | 47,972 | 38,775 |
| Market Share Price | Rs. | 120.00 | 80.40 | 65.00 |
| No. of Shares in Issue * | No | 2,986,537,000 | 2,983,363,085 | 2,982,730,125 |
| Basic Earnings per Share * | Rs. | 2.70 | 2.05 | 1.43 |
| Price Earnings Ratio | times | 8.9 | 7.9 | 9.1 |
| Net Asset Value per Share | Rs. | 83.34 | 72.79 | 64.38 |
| Dividend per Share | Rs. | 4.00 | 2.35 | 2.35 |
| Dividend Cover | times | 3.4 | 4.4 | 3.0 |
| Dividend Payout Ratio | % | 29.6 | 23.0 | 32.8 |
| Return on Equity (ROE) | % | 17.7 | 15.3 | 13.4 |
| Manufactured Capital | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Property, Plant and Equipment (PPE) | Rs. million | 24,397 | 20,052 | 19,913 |
| Depreciation | Rs. million | 1,589 | 1,326 | 1,220 |
| Investment in PPE | Rs. million | 5,081 | 2,379 | 1,420 |
| Intellectual Capital | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Trademarks Owned by the Group | No. | 943 | 801 | 724 |
| Industrial Designs Held by Group Companies | No. | 31 | 30 | 30 |
| Human Capital | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Total Workforce | No. | 5,620 | 5,826 | 5,380 |
| Average training hours per employee | No. | 9.7 | 11.5 | 10.3 |
| New Employee hires | No. | 1,741 | 1,447 | 1,130 |
| Employee Attrition Rate | % | 29.3 | 26.1 | 19.8 |
| Work-related injuries (per 100 employees) | No. | 0.7 | 0.8 | 0.4 |
| Natural Capital | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Total Carbon Footprint | MT | 10,608* | 10,999* | 15,660 |
| Direct (Scope 1) Green House Gas emissions | MT | 2,272 | 2,156 | 2,161 |
| Direct (Scope 2) Green House Gas Emissions | MT | 8,336* | 8,843* | 14,296 |
| Other indirect (Scope 3) Green House Gas Emissions | MT | 4,458 | 2,013 | - |
| Carbon Intensity | MT | 0.09 | 0.09 | 0.14 |
| Energy Consumption within the organization | GJ | 107,826 | 106,627 | 101,950 |
| Energy Intensity | GJ | 0.9 | 0.9 | 0.9 |
| Total Water Withdrawn | m³ | 175,412 | 192,626 | 175,994 |
| Total Water Discharge | m³ | 115,911 | 130,541 | 128,575 |
| Total Water Consumption | m³ | 59,501 | 62,085 | 47,419 |
| Waste Reduced, Reused, Recycled | % | 64 | 69 | 38 |
| Total Waste Generated | Kg | 1,734,791 | 1,728,791 | 687,822 |
| Social and Relationship Capital | Unit | FY 25 | FY 24 | FY 23 |
|---|---|---|---|---|
| Lives Impacted through Social Projects | No | 255,800+ | 399,695+ | 525,500+ |
| ‘Piyawara’ Schools Added | No | 4 | 4 | 4 |
| Children with Disabilities Registered at ‘Ayati’ to date | No | 14,100 | 12,900 | 10,200 |
Sustainability
Carbon Footprint
10,608 MT
(FY24: 16,549 MT)
Water Intensity
1.5 m3
(FY24: 1.6 m3)
Total Workforce
5,620
(FY24: 5,826)
Lives Impacted through Social Projects
255,800+
(FY24: 399,900+)
Driving Growth, Empowering Lives
Discover our journey of resilience, innovation, and impact in 2024/25. Explore key insights, financial highlights, and leadership perspectives.
Past Annual Reports
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