Vallibel One PLC a diversified holding company, released its consolidated financial results for the financial year ended March 31, 2025, reporting robust performance across all key metrics.
The Group recorded a consolidated revenue of Rs. 122.8 billion, reflecting a marginal year-on-year increase from Rs. 122.3 billion, driven by continued expansion across its finance, tile, aluminium, and consumer segments. The Group reported a profit after tax (PAT) of Rs. 16.02 billion and EBITDA of Rs. 34.5 billion, with net profit attributable to equity holders rising 19% to Rs. 11.76 billion, compared to Rs. 9.89 billion in the previous year.
In Q4 alone, Vallibel One posted Rs. 5.92 billion PAT, a 30% increase compared to Rs. 4.55 billion in Q4 FY2023/24. Profit before tax stood at Rs. 7.94 billion, with gross margins sustained at 44% for the year.
Earnings per share (EPS) rose to Rs. 10.34, compared to Rs. 8.69 a year ago. Net asset value per share improved to Rs. 95.74 from Rs. 80.88, with total equity rising to Rs. 158.3 billion, up from Rs. 139.2 billion in FY2023/24. Total assets increased to Rs. 406.8 billion, compared to Rs. 346.6 billion in the previous year, driven by strategic investments and asset revaluations.
The finance sector, led by LB Finance PLC, recorded a profit after tax of Rs. 10.86 billion for FY 2024/25, marking a 12% year-on-year increase compared to FY 2023/24. This performance was driven by a 3% increase in net interest income and an impairment reversal of Rs. 261 million, in contrast to a charge of Rs. 270 million in the previous year.
The cost-to-income ratio remained at a commendable 33%, positioning it among the best in the industry. The total asset base expanded by 19% year-on-year to Rs. 241.9 billion, while the lending portfolio grew significantly by 23%, rising from Rs. 162.5 billion to Rs. 199.3 billion.
The Aluminium sector, driven by Swisstek Aluminium, delivered a remarkable financial turnaround recording a profit after tax of Rs 417.9 million compared to a loss of Rs. 335.5 million in the previous year. This was accompanied by a 66% revenue growth and a more than doubled gross profit.
Delmege demonstrated strong revenue growth, increasing from Rs. 11.7 billion in FY 2023/24 to Rs. 15.4 billion in FY 2024/25, while profit before tax rose by 69% year-on-year to reach Rs. 1.49 billion. The Group’s total asset base also expanded significantly, rising to Rs. 15.6 billion in FY 2024/25 from Rs. 11.8 billion in FY 2023/24. The Packaging sector, led by Unidil Group reported a profit after tax of Rs. 744 million for FY 2024/25, a 4% increase from the previous year, including first four months operational losses from its new offshore subsidiaries in Kenya.
Sri Lankan operations delivered Rs. 814 million PAT, up 14%, highlighting continued domestic strength. Despite early losses in Kenya, the Group remains confident in long-term growth in East Africa.
