Diesel & Motor Engineering PLC
CCSELK:DIMO.N00001,330.00
LKR
-5.00
(-0.37%)
ISIN
LK0056N00008
Return %
Stock
S&P 500
1Y
-43.36
14.20
3Y
127.35
81.12
5Y
170.74
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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- CEO
- A. Gahanath Pandithage
- Full Time Employees
- 2,241
- Sector
- Retail trade
- Industry
- Specialty stores
- Address
- Colombo Sri Lanka
- IPO Date
- Jul 16, 1987
- Website
- dimolanka.com
- Similar Companies
- Business
- Diesel & Motor Engineering PLC is a Sri Lanka-based diversified conglomerate engaged in engineering, mobility, agriculture, healthcare, industrial solutions, building management, power systems, and technical education. Founded in 1939 and headquartered in Colombo, Sri Lanka, the company operates through several core business segments providing a comprehensive suite of products and services: mobility solutions, comprising the importation, assembly, distribution, and after-sales maintenance of passenger cars, commercial vehicles, and special purpose vehicles representing global original equipment manufacturers such as Mercedes-Benz, Tata Motors, and Jeep, alongside comprehensive vehicle repair, auto care services, and the distribution of genuine replacement parts, accessories, and tyres from brands including Michelin and BFGoodrich; agricultural solutions, encompassing the distribution of tractors, combine harvesters, precision farming equipment, and implements representing brands such as Mahindra and CLAAS, the supply of hybrid seeds, plant nutrition, specialty fertilizers, crop protection agrochemicals, micro-irrigation systems, and greenhouse infrastructure, as well as agricultural research and development through dedicated agri-technoparks; healthcare solutions, involving the marketing, installation, calibration, and technical support of advanced medical imaging systems, radiation oncology equipment, diagnostic instruments, surgical microscopes, patient care devices, and point-of-care solutions representing global healthcare technology providers including Siemens Healthineers and Carl Zeiss; industrial and power engineering solutions, delivering diesel generator sets, marine propulsion systems, industrial automation, material handling equipment, fluid management pumps, TK Elevator passenger elevators and escalators, heating, ventilation, and air conditioning systems, extra-low voltage networks, water supply engineering, and integrated building management systems; and technical vocational education provided through the DIMO Academy for Technical Skills. The company serves enterprise, government, commercial, agricultural, and retail clients across Sri Lanka, the Maldives, Bangladesh, Myanmar, Uganda, and Kenya. In recent strategic developments, Diesel & Motor Engineering PLC has expanded its regional footprint through agricultural input and machinery distribution ventures in South Asia and East Africa, broadened its clean energy portfolio with utility-scale and commercial rooftop solar photovoltaic installations and microgrid projects, and accelerated its electric mobility initiatives by deploying electric vehicle models along with dedicated charging infrastructure. Additionally, the company has enhanced its marine and offshore engineering support services across the Indian Ocean rim, entered strategic distribution partnerships for specialized diagnostic medical technologies, and deepened digital transformation through precision agriculture software platforms and enterprise service systems.