{"id":7226,"date":"2026-07-13T10:36:56","date_gmt":"2026-07-13T05:06:56","guid":{"rendered":"https:\/\/fintechnews.lk\/?p=7226"},"modified":"2026-07-13T10:36:57","modified_gmt":"2026-07-13T05:06:57","slug":"senkadagala-finance-hits-record-rs-2-bn-profit-in-fy-2025-26","status":"publish","type":"post","link":"https:\/\/fintechnews.lk\/index.php\/2026\/07\/13\/senkadagala-finance-hits-record-rs-2-bn-profit-in-fy-2025-26\/","title":{"rendered":"Senkadagala Finance Hits Record Rs. 2 Bn Profit in FY 2025\/26"},"content":{"rendered":"\n

* Group Profit After Tax: Rs. 2.05 Bn, +16% YoY<\/strong>
*Total Assets: Rs. 57.07 Bn, +40% YoY<\/strong>
* Total Capital Adequacy Ratio: 23.84%<\/strong><\/p>\n\n\n\n

Senkadagala Finance PLC closed the financial year ended 31 March 2026 with a group profit after tax of Rs. 2.05 billion, up 16% year-on-year, marking the strongest bottom line in the Company\u2019s history. At Company level, profit after tax reached Rs. 1.85 billion, a 14% increase, as the lending business gained momentum amid a gradually stabilising macroeconomic environment.<\/p>\n\n\n\n

\u201cOur record performance reflects years of disciplined execution, prudent risk management and an unwavering focus on sustainable growth,\u201d Independent Chairman N Vasantha Kumar said.<\/p>\n\n\n\n

Total assets expanded 40% to Rs. 57.1 billion, crossing the Rs. 50 billion milestone for the first time. Growth was driven by healthy expansion across the Company\u2019s core lending businesses, particularly finance leasing and hire purchases, which rose from Rs. 26.5 billion to Rs. 34.6 billion, reflecting strong demand for vehicle and asset financing as economic activity picked up. Net interest income reached Rs. 6.25 billion, up 9% year-on-year.<\/p>\n\n\n\n

\u201cThis year\u2019s performance reflects the commitment of our people, the trust placed in us by our customers and the successful execution of our growth strateg,\u201d Chief Executive Officer Keshav Balasuriya stated:<\/p>\n\n\n\n

The Company\u2019s profitability metrics continued to outperform industry peers during the year. A return on equity of 16.42%, a net interest margin of 14.50% against a sector average of 10.01%, and a cost to income ratio of 42.62% against the industry\u2019s 46.92%, point to a business that is generating strong returns while managing its cost base with discipline.<\/p>\n\n\n\n

Asset quality strengthened further during  the year, with the Gross Stage 3 loans ratio declining to 5.43% from 7.24%, reflecting disciplined underwriting and effective recovery efforts.<\/p>\n\n\n\n

The Company expanded its nationwide footprint by opening 24 new branches during the year, culminating in the opening of its landmark 150th branch in June 2026, reinforcing its commitment to delivering a superior customer experience while further strengthening its position as one of Sri Lanka\u2019s most widely distributed licensed finance companies.The workforce expanded by 23% to 1,215 employees, up from 985 the prior year, reflecting the Company\u2019s confidence in its growth trajectory.<\/p>\n\n\n\n

On the capital front, a rights issue completed in February 2026 raised Rs. 1.035 billion in fresh equity, strengthening the Company\u2019s capital position and providing a solid platform to support future business growth while maintaining prudent regulatory buffers. Total equity closed the year at Rs. 12.57 billion, with capital adequacy and liquidity ratios well above regulatory minimums. The total capital adequacy ratio stood at 23.84% against a regulatory floor of 12.50%, while available liquid assets stood at 485% of the required level. Fitch Ratings Lanka has assigned the Company a BBB (lka) credit rating with a stable outlook.<\/p>\n","protected":false},"excerpt":{"rendered":"

* Group Profit After Tax: Rs. 2.05 Bn, +16% YoY*Total Assets: Rs. 57.07 Bn, +40% YoY* Total Capital Adequacy Ratio: 23.84% Senkadagala Finance PLC closed the financial year ended 31 March 2026 with a group profit after tax of Rs. 2.05 billion, up 16% year-on-year, marking the strongest bottom line in the Company\u2019s history. At […]<\/p>\n","protected":false},"author":3,"featured_media":7227,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-7226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/posts\/7226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/comments?post=7226"}],"version-history":[{"count":1,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/posts\/7226\/revisions"}],"predecessor-version":[{"id":7228,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/posts\/7226\/revisions\/7228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/media\/7227"}],"wp:attachment":[{"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/media?parent=7226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/categories?post=7226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fintechnews.lk\/index.php\/wp-json\/wp\/v2\/tags?post=7226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}