PGP Glass Ceylon PLC
CCSELK:GLAS.N000055.50
LKR
+0.30
(+0.54%)
ISIN
LK0223N00004
Return %
Stock
S&P 500
1Y
-5.13
14.20
3Y
111.03
81.12
5Y
217.14
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Ratmalana Sri Lanka
- IPO Date
- Sep 5, 1994
- Website
- pgpglassceylon.com
- Similar Companies
- Business
- PGP Glass Ceylon PLC is a Sri Lanka-based glass packaging manufacturer that designs, produces, and distributes specialized glass bottles and containers for domestic and international markets. Founded in 1955 as Ceylon Glass Company and headquartered in Borupana, Ratmalana, with primary manufacturing operations located in Wagawatte, Horana, Sri Lanka, the company operates as a subsidiary of PGP Glass Private Limited, a global packaging portfolio enterprise backed by Blackstone Inc. The company offers specialized packaging solutions across commercial end markets, providing product categories and services that include flint, amber, green, and custom-tinted glass containers for the food and beverage industry, such as sauce bottles, jam jars, aerated water containers, and dairy packaging; pharmaceutical and healthcare glass packaging, comprising syrup bottles, tablet jars, and dropper bottles; premium liquor, spirit, and beer bottles tailored for arrack, wine, and craft distillers; specialty cosmetic and perfumery glass containers; and value-added container decoration services, including multi-color silk screen printing, organic coating, frosting, hot foil stamping, and customized mold engineering. The company serves industrial brand owners across Sri Lanka and exports to international markets including India, Southeast Asia, Australia, North America, Europe, and the Middle East. In recent corporate developments, the company completed its name change from Piramal Glass Ceylon PLC to PGP Glass Ceylon PLC following the global acquisition and restructuring by Blackstone Inc.; enhanced operational efficiency through automated inspection and furnace rebuild initiatives at its Horana manufacturing facility; implemented sustainable manufacturing projects, including the commissioning of large-scale rooftop solar photovoltaic systems and higher recycled cullet utilization; and broadened its high-margin export portfolio with lightweight glass container designs and premium decorated packaging for the global specialty spirits and cosmetic sectors.