What PMF Finance does

PMF Finance PLC is a Sri Lankan licensed non-bank financial institution incorporated on January 26, 1983, and listed on the Colombo Stock Exchange since July 1994 (ticker: PMB.N0000). Operating under the Finance Business Act No. 42 of 2011 and the Finance Leasing Act No. 56 of 2000, and licensed by the Monetary Board of the Central Bank of Sri Lanka, the company provides a diversified suite of deposit, lending, and investment products to individual consumers and small and medium businesses across Sri Lanka through a physical branch network and a digital channel at pmf.lk. Its product suite includes fixed deposits, savings accounts, leasing and auto loans, mortgage loans, dealer finance, entrepreneur finance, gold loans, margin trading, real estate services, and SIDQ, a Sharia-compliant financing offering. The company is majority-owned by Sterling Capital Investments (Pvt) Ltd. (SCIL), which has provided capital infusion to support the company's repositioning toward a full-service financial institution.

The business model is principally a spread-based lending model: the company funds itself with deposits and other liabilities, and earns revenue primarily through interest income from a loan portfolio of Rs. 19.47 billion spanning leasing, auto, mortgage, gold-backed, dealer, and entrepreneur financing products. Net interest income reached Rs. 2.17 billion for the nine months ended December 31, 2025 (up 46.5% YoY), and profit before tax was Rs. 456.7 million for the same period (up 139.3% YoY), supported by total assets of Rs. 23.08 billion and equity of Rs. 3.31 billion. Distribution is conducted through a direct-to-consumer model via branches and the corporate website, with the website offering FD and leasing calculators and downloadable application forms as the principal digital touchpoints. Pricing on individual products is not publicly disclosed; the company carries a BB- (Stable) credit rating from Lanka Rating Agency.

The underlying technology stack is described as a digital banking and financial services platform, though no proprietary technology features, APIs, mobile applications, or AI capabilities are disclosed in the available data. The leadership team includes CEO Ajith Medis and Chairman Malik Cader (appointed September 29, 2025, with Central Bank approval), whose stated mandate is to expand the company into a full-service financial institution. The company is also pursuing further growth in 2026. No M&A activity, subsidiaries, or funding rounds are disclosed.

Name

PMF Finance

Legal name

PMF Finance PLC

Website

https://pmf.lk

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

101–250 employees

Short description

PMF Finance PLC is a Sri Lanka-based, CBSL-licensed non-bank financial institution offering deposit, lending, and investment products to individual consumers and SMBs through branches and digital channels, majority-owned by Sterling Capital Investments.

Ownership category

akta.pro rank

Product category

Non-Bank Financial Services (Consumer & SME Lending, Deposits, and Leasing)

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218), Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159), Personal Credit Institutions (6141), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)

akta.pro secondary industries

Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF), Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE)

Keywords

• Consumer lending services
• Commercial lending products
• Fixed deposit accounts
• Vehicle leasing finance
• Sharia compliant financing

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Interest Income from Loans and Advances: The company generates revenue primarily through interest income from its loan portfolio including leasing, auto loans, mortgage loans, gold loans, dealer finance, and entrepreneur finance. Net interest income grew 46.5% year-on-year to Rs 2.17 billion for the nine months ended December 2025.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

PMF Finance PLC is a Sri Lanka-based licensed finance company offering deposit products (Fixed Deposits and Savings accounts), a range of lending products (Leasing & Auto Loans, Mortgage Loans, Gold Loans, Dealer Finance, and Entrepreneur Finance), investment services (Margin Trading and Real Estate), and a Sharia-compliant financing product (SIDQ). The company serves both individual consumers and small/medium businesses through a physical branch network and an online platform with FD and Leasing calculators and downloadable application forms.

Product overview

PMF Finance PLC operates as a diversified financial services company offering a comprehensive suite of banking and lending products. The portfolio includes deposit products (Fixed Deposit, Savings), lending solutions (Leasing & Auto Loans, Mortgage Loans, Gold Loans, Dealer Finance, Entrepreneur Finance), investment services (Margin Trading, Real Estate), and Sharia-compliant financing through SIDQ. The company positions itself as a full-service financial institution targeting both individual and business customers in Sri Lanka, with over 40 years of experience in the market.

Differentiator

Problem solved

Functional benefit

Products and services

• Fixed Deposit Time deposits offering guaranteed returns with competitive interest rates for individual and corporate customers of PMF Finance PLC.
• Savings Savings accounts providing secure storage of funds with interest earnings for individual customers of PMF Finance PLC.
• Leasing & Auto Loans Vehicle and equipment leasing and hire-purchase solutions allowing customers to acquire assets with flexible payment terms.
• Mortgage Loans Loans secured against property for business or personal financing needs.
• Dealer Finance Financing solutions for automotive and equipment dealers to support their inventory and business operations.
• Entrepreneur Finance Business financing products designed for entrepreneurs and small enterprises to support growth and operations.
• Gold Loans Loans secured by gold jewelry or assets, providing quick access to cash for customers.
• Margin Trading Securities trading facility allowing customers to borrow funds to purchase stocks with leveraged positions.
• Real Estate Real estate investment and financing services for property acquisition and development.
• SIDQ (Sharia-Compliant Financing) Sharia-compliant financing product for Muslim customers seeking ethical banking solutions.

Quantifiable outcome

• Profit before tax grew 139.3% year-on-year to Rs. 456.7 million for nine months ended December 2025
• +4 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• People's Leasing & Financial Services PLC: A leading Sri Lankan non-bank financial institution offering leasing, deposits, gold loans, and SME finance — directly comparable to PMF in product mix, NBFI licensing model, and customer segments.
• LOLC Finance PLC: Sri Lankan licensed finance company under the LOLC group providing leasing, gold loans, microfinance, and SME lending — the closest NBFI peer to PMF in terms of diversified lending franchise.
• Central Finance PLC: Established Sri Lankan finance company focused on leasing, hire purchase, and fixed deposits — directly comparable core business and listed NBFI model.
• Senkadagala Finance PLC: Sri Lankan licensed finance company offering deposits, leasing, and SME lending with a branch-led distribution model — closely comparable to PMF's product set and customer base.
• Lanka ORIX Leasing Company PLC: Sri Lankan NBFI specializing in leasing, auto finance, and SME lending as part of the ORIX group — highly comparable in lending focus and target segments.
• Merchant Bank of Sri Lanka & Finance PLC: Sri Lankan merchant bank providing deposits, lending, margin trading, and investment services — closely comparable product mix including capital-market offerings like PMF's margin trading line.

Broad incumbents

• HNB Finance Limited: Sri Lankan licensed finance company affiliated with Hatton National Bank offering deposits, leasing, and SME loans — overlap with PMF's NBFI lending franchise with a stronger banking group parent.
• Commercial Bank of Ceylon PLC: One of Sri Lanka's largest commercial banks offering deposits, leasing, and SME lending — competes with PMF in the same customer segments but operates a full banking franchise at materially larger scale.
• DFCC Bank PLC: Sri Lankan development and commercial bank offering leasing, SME, and project finance — comparable in lending focus but operates as a licensed commercial bank rather than NBFI.
• National Savings Bank: Sri Lanka's state-owned savings institution with deep deposit-gathering franchise that competes directly with PMF's fixed deposit and savings products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/PmfFinancePLC
• Facebookfacebook.com/PmfFinancePLC
• LinkedInlinkedin.com/company/pmf-finance-plc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PMF Finance