Record quarterly profit. Up 53% on the year.
PickMe's Revenue rose 36.6% from a year ago to LKR 2.87 Bn while total expenses grew 31.8%, lifting the Operating Margin to 36.3%. Profit Attributable rose 52.5% to a record LKR 784 Mn, and 24.3% on the quarter.
Share price
- Close, 27 October 2026
- LKR 150.00
- Results declared
- 27 October 2026
Jul–Sep 2026 results, line by line
| LKR Mn | Jul–Sep 2026 | YoY | QoQ |
|---|---|---|---|
| Revenue | 2,871 | +36.6% | +14.3% |
| Total Expenses | 1,849 | +31.8% | +9.4% |
| Operating Profit | 1,043 | +48.2% | +25.2% |
| Operating Margin | 36.3% | +2.9 pts | +3.2 pts |
| Net Finance Income | 91 | +233.8% | +23.8% |
| Profit Before Tax | 1,134 | +55.1% | +25.1% |
| Profit Attributable | 784 | +52.5% | +24.3% |
| Net Margin | 27.3% | +2.9 pts | +2.2 pts |
YoY against the same quarter a year ago. QoQ against the previous quarter.
What drove it
- 01Costs grew more slowly than Revenue
Revenue rose 36.6% YoY and total expenses 31.8%, so the Operating Margin rose to 36.3% from 33.5% a year ago and 33.2% last quarter. Total expenses are operating, administrative and selling expenses; the year-ago split was reclassified, with the total unchanged.
- 02Where the extra profit came from
Higher Revenue added LKR 769 Mn and finance and other income LKR 80 Mn. Higher expenses took LKR 446 Mn and tax LKR 133 Mn, taking Profit Attributable to LKR 784 Mn from LKR 514 Mn.
- 03A rebound on the quarter
Revenue rose 14.3% on the first quarter, to LKR 2.87 Bn from LKR 2.51 Bn, which was held back by fuel supply disruption. Profit grew faster than Revenue, up 24.3% from LKR 631 Mn.
- 04LKR 4.00 Bn of cash, no borrowings
Other investments of LKR 2.28 Bn and cash of LKR 1.72 Bn, against lease liabilities of LKR 0.32 Bn: LKR 3.68 Bn net, about LKR 11 a share. Net finance income rose to LKR 91 Mn from LKR 27 Mn. The company paid LKR 867 Mn in dividends in the half.
Valuation at LKR 150.00
Group figures. The board has declared an interim dividend of LKR 2.75 a share for FY2026/27.
Three things to watch next quarter
- Revenue growth. Does it stay above 30% a year, after 37% this quarter?
- Operating margin. Can it hold above 36%, up from 33.2% last quarter?
- Monthly users. Does growth continue, after reaching 2.1 Mn, up 38% on a year ago?
The company
Capital Trust Securities. For information only. Not investment advice. Source: Digital Mobility Solutions Lanka PLC interim financial statements to 30 September 2026 (unaudited). Group figures.