Dashboard
1
High Management Efficiency with a high ROE of 26.73%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 6.88
3
Healthy long term growth as Net Sales has grown by an annual rate of 18.28% and Operating profit at 11.93%
4
Flat results in Jun 25
5
With ROE of 16.05%, it has a very attractive valuation with a 1.23 Price to Book Value
6
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
7.05%
0%
7.05%
6 Months
8.2%
0%
8.2%
1 Year
27.25%
0%
27.25%
2 Years
110.03%
0%
110.03%
3 Years
111.5%
0%
111.5%
4 Years
17.86%
0%
17.86%
5 Years
85.46%
0%
85.46%
Dipped Products Plc for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
18.28%
EBIT Growth (5y)
11.93%
EBIT to Interest (avg)
6.88
Debt to EBITDA (avg)
0.33
Net Debt to Equity (avg)
0.02
Sales to Capital Employed (avg)
1.94
Tax Ratio
26.39%
Dividend Payout Ratio
29.35%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
24.82%
ROE (avg)
26.73%
Valuation key factors
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
1.23
EV to EBIT
7.04
EV to EBITDA
5.07
EV to Capital Employed
1.21
EV to Sales
0.53
PEG Ratio
NA
Dividend Yield
0.59%
ROCE (Latest)
17.24%
ROE (Latest)
16.05%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
22,270.00
19,481.80
14.31%
Operating Profit (PBDIT) excl Other Income
1,928.90
2,570.00
-24.95%
Interest
265.70
46.80
467.74%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,072.50
1,756.80
-38.95%
Operating Profit Margin (Excl OI)
57.80%
100.70%
-4.29%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 14.31% vs 0.72% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -38.95% vs 51.78% in Mar 2025
Annual Results Snapshot (Consolidated) - Mar'25
Mar'25
Mar'24
Change(%)
Net Sales
79,288.60
73,942.00
7.23%
Operating Profit (PBDIT) excl Other Income
8,312.90
9,137.80
-9.03%
Interest
791.50
943.80
-16.14%
Exceptional Items
45.60
138.50
-67.08%
Consolidate Net Profit
5,033.50
5,779.00
-12.90%
Operating Profit Margin (Excl OI)
75.60%
94.40%
-1.88%
USD in Million.
Net Sales
YoY Growth in year ended Mar 2025 is 7.23% vs -7.69% in Mar 2024
Consolidated Net Profit
YoY Growth in year ended Mar 2025 is -12.90% vs -32.03% in Mar 2024
About Dipped Products Plc 
Dipped Products Plc
Miscellaneous
Dipped Products PLC (DPL) is a Sri Lanka-based rubber glove manufacturer. The Company's principal business include manufacture and marketing of industrial and general purpose gloves, management of tea and rubber plantations. The Company's segments include Hand Protection and Plantations. In Hand Protection, the Company manufactures over 300 variants of approximately 110 product varieties of supported and unsupported household, industrial, medical and value-added gloves with various applications. In Plantations, the Company produces approximately 12,390 metric tons and over 3,100 metric tons of tea and rubber, respectively. The Company's product types include unsupported natural rubber gloves, unsupported natural and synthetic rubber blended gloves, unsupported synthetic rubber gloves, fabric supported gloves with cut and sewn liner, electrical insulation gloves, powder free nitrile examination gloves and powder free latex examination gloves.
Company Coordinates 
Company Details
Hayley Building, No 400, Deans Road, Colombo 10 COLOMBO None : 10
Registrar Details






