Agalawatte Plantations Plc
CCSELK:AGAL.N000047.40
LKR
-0.90
(-1.86%)
ISIN
LK0248N00001
Return %
Stock
S&P 500
1Y
-23.18
14.20
3Y
58.00
81.12
5Y
64.58
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Ganeachchi P. N. A. Gunathilake
- Full Time Employees
- 3,827
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Nittambuwa Sri Lanka
- IPO Date
- Jan 22, 1996
- Website
- agalawatte.com
- Similar Companies
- Business
- Agalawatte Plantations PLC is a Sri Lanka-based agribusiness company engaged in the cultivation, processing, manufacturing, and marketing of tea, rubber, and oil palm produce. Founded in 1992 and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of D.R. Investments (Pvt) Ltd within the Damro Group. The company manages extensive plantation estates spanning the low-country regions of Kalutara and Ratnapura, as well as the high-grown agricultural districts of Nuwara Eliya. Agalawatte Plantations PLC operates primarily across three core business segments: Tea, Rubber, and Oil Palm, complemented by diversified commercial forestry, ancillary agriculture, and renewable power initiatives. The company offers a comprehensive portfolio of agricultural commodities and processed raw materials, including high-grown and low-grown orthodox black tea, CTC black tea, and specialty teas; natural rubber products comprising premium pale latex crepe, sole crepe, centrifuged latex, ribbed smoked sheets (RSS), and scrap rubber for industrial manufacturing and export; fresh fruit bunches (FFB) of oil palm supplied for crude palm oil extraction; and secondary crops including cinnamon, coconut, pepper, and commercial timber. In recent years, Agalawatte Plantations PLC has executed major strategic shifts and operational modernizations under Damro Group ownership, including extensive crop diversification programs to expand commercial timber, cinnamon, and pepper cultivation to mitigate crop market volatility. The company has accelerated capital investments in manufacturing infrastructure by upgrading crepe rubber processing facilities, modernizing orthodox tea factories with energy-efficient automation technologies, and expanding grid-connected rooftop solar photovoltaic installations across factory premises to optimize energy consumption. Furthermore, Agalawatte Plantations PLC continues to advance sustainable land utilization, implementing systematic replanting cycles using high-yielding tea and rubber clones and maintaining international environmental, quality, and ethical agricultural certifications across its plantation network.