Cable Solutions PLC
CCSELK:CSLK.N000011.90
LKR
-0.20
(-1.65%)
ISIN
LK0494N00001
Return %
Stock
S&P 500
1Y
-20.13
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Kadawatha Sri Lanka
- IPO Date
- Aug 14, 2024
- Website
- cablesol.com
- Similar Companies
- Business
- Cable Solutions PLC is a Sri Lanka-based manufacturer and exporter of specialized cables, wires, and customized wire harnesses. The company operates through specialized industrial segments catering to global original equipment manufacturers (OEMs) across telecommunications, automotive, renewable energy, medical technology, electronics, building automation, and industrial machinery sectors. Its comprehensive product portfolio includes audio, video, and communication cables; instrumentation, control, and data transmission cables; high-temperature and silicone-insulated wires; coaxial and composite hybrid cables; building management system (BMS) cables; fire-resistant and fire alarm cables; load cell, weighing, and sensor cables; TÜV-certified solar photovoltaic (PV) cables; electric vehicle (EV) charging cables; and tailor-made cable harnesses and wire assemblies engineered for automotive electrical systems, precision medical devices, domestic appliances, and industrial automation equipment. Founded in 2008 and headquartered in Kadawatha, Sri Lanka, Cable Solutions PLC operates advanced manufacturing facilities in Sri Lanka and maintains an operational presence in India, exporting its engineered solutions worldwide across key markets in Europe, North America, and the Asia-Pacific region, including Germany, the United States, the United Kingdom, Switzerland, Spain, and Singapore. The company operates as a key subsidiary of ACL Cables PLC, Sri Lanka's largest cable manufacturing group. In August 2024, the company completed a major corporate transition by converting to a public limited company and listing on the Diri Savi Board of the Colombo Stock Exchange under the ticker symbol CSLK.N0000 following an oversubscribed Initial Public Offering (IPO). Proceeds from the offering have been deployed toward expanding manufacturing capacity, procuring advanced production machinery, upgrading plant infrastructure, and accelerating product diversification into high-growth sectors such as electromobility and renewable energy.