Horana Plantations PLC

Horana Plantations PLC

CCSELK:HOPL.N0000
51.90
LKR
-0.10
(-0.19%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Johann A. Rodrigo
Full Time Employees
3,591
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Colombo Sri Lanka
IPO Date
Feb 12, 1996
Business
Horana Plantations PLC is a Sri Lanka-based agribusiness enterprise primarily engaged in the cultivation, processing, manufacture, and distribution of tea, rubber, and diversified agricultural produce. Founded in 1992 and headquartered in Rajagiriya, Sri Lanka, the company operates as part of the Hayleys and Vallibel One corporate groups through its managing agent, Vallibel Plantation Management Limited. Horana Plantations PLC manages extensive agricultural estates situated across the Upcountry and Lowcountry agro-climatic zones in the Central and Western provinces of Sri Lanka. The company organizes its operations into core business segments consisting of Tea, Rubber, and Diversified Agriculture. Its primary product and service offerings encompass premium orthodox black tea, cut-tear-curl (CTC) black tea, green tea, and single-estate specialty teas produced across tea estates including Alton, Gouravilla, Mahanilu, and Fairlawn; industrial natural rubber products such as ribbed smoked sheets (RSS), pale crepe, sole crepe, skim crepe, and centrifuged latex; diversified agricultural crops including oil palm, cinnamon, coconut, commercial timber, pepper, coffee, and tropical fruits; and ancillary estate services comprising plantation-based eco-tourism, heritage bungalow hospitality, and agricultural contract processing. In recent operational developments, Horana Plantations PLC has accelerated its strategic crop diversification program, expanding commercial acreage dedicated to export-oriented cinnamon, coconut, avocado, and berries to mitigate climate and market risks associated with traditional monocultures. The company has also introduced smart farming and precision agriculture initiatives, incorporating mechanized harvesting equipment, automated factory processing systems, and drone-based agricultural surveillance to address labor constraints and boost productivity. Additionally, Horana Plantations PLC has advanced its green energy transition by installing industrial rooftop solar photovoltaic arrays across its processing facilities to enhance energy self-sufficiency and has expanded international direct-export partnerships supported by Rainforest Alliance, Forest Stewardship Council (FSC), and ISO 22000 certifications.