Headline Result
- CIC Holdings PLC (CSE: CIC), a diversified conglomerate, reported consolidated revenue of Rs. 42.91 billion for H1 FY27
- Top-line growth of 3.06%
- Profit after tax (PAT) up 16.72% to Rs. 3.79 billion, from Rs. 3.25 billion a year earlier
- Growth came despite Agri cluster movements shifting from Q2 to Q3
- Performance supported by strong operational execution, margin expansion and higher earnings from equity-accounted investees
Group Earnings
- Operating profit (EBIT) up 2.65% YoY to Rs. 5.86 billion
- Profit before tax (PBT) up 8.26% YoY to Rs. 5.35 billion
- Gross profit up 4.36% YoY to Rs. 11.69 billion, backed by disciplined pricing and operational efficiencies
- Gross profit margin improved to 27.25%
- Results delivered in the off-peak second quarter, despite delayed rains pushing back the Agri season
Revenue Mix (Share of Gross Segment Revenue)
- Agri Solutions: 40.18% (largest contributor)
- Livestock Solutions: 24.29%
- Health & Personal Care: 23.08%
- Industrial Solutions: 12.45%
Segment Revenue
- Industrial Solutions: up 34.91% to Rs. 5.43 billion (strongest growth)
- Livestock Solutions: up 11.87% to Rs. 10.59 billion
- Health & Personal Care: up 6.40% to Rs. 10.05 billion
- Agri Solutions: Rs. 17.51 billion
Segment Profit
- Industrial Solutions: up 47.37% to Rs. 1.02 billion
- Livestock Solutions: up 30.86% to Rs. 1.52 billion
- Health & Personal Care: up 10.02% to Rs. 1.43 billion
- Agri Solutions: Rs. 1.63 billion
- Total segment results of Rs. 5.60 billion, up 3.85% YoY
Shareholder Returns and Balance Sheet
- Post-subdivision basic/diluted EPS rose from Rs. 1.37 to Rs. 1.67, a 21.90% improvement
- Total assets reached Rs. 108.58 billion, versus Rs. 98.63 billion in H1 FY26
- Total group equity strengthened to Rs. 56.46 billion
Management Comment
- Group CEO Aroshan Seresinhe said the results reflect the resilience of the business model and focused execution across key growth verticals
- Strengthening core operations in agriculture, healthcare, livestock and industrial solutions sustained profitability and margin discipline despite challenging economic conditions
- Commitment to nurturing vital supply chains, expanding high-value product offerings and supporting community livelihoods
Outlook
- In the second half, the Group will focus on operational excellence, sustainable growth and long-term value for stakeholders
