Hatton Plantations PLC
CCSELK:HPL.N000024.00
LKR
0.00
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Hatton Plantations PLC
CSELK:HPL.N0000
(Colombo Stock Exchange)
Recent
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24.00
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div
yld
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ROIC.AI
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- Business
- Hatton Plantations PLC is a Sri Lanka-based agribusiness company primarily engaged in the cultivation, processing, manufacturing, and sale of premium Ceylon tea, commercial agricultural crops, and renewable energy. The company operates through two core business segments: Plantations and Renewable Energy. Its comprehensive product and service portfolio includes high-grown and medium-grown orthodox black teas; Crush, Tear, Curl (CTC) teas; green teas; premium leafy tea varieties produced across more than thirty-three commercial grades; commercial coffee cultivation; sustainable timber and agroforestry products; mini-hydroelectric power generation; commercial solar energy generation; and maritime support services. Hatton Plantations manages thirteen estates covering over 7,200 hectares situated across the Hatton, Watawala, and Lindula agro-climatic regions in Sri Lanka's Central Highlands, supported by twelve modernized tea processing factories. Formally incorporated in 2017 following a de-merger from Watawala Plantations PLC and tracing its agricultural roots to 1992, the company is headquartered in Peliyagoda, Sri Lanka, and operates as a subsidiary of Lotus Renewable Energy (Private) Limited, a member of the Singapore-based G&G Group of Companies. In recent operational developments, Hatton Plantations PLC has accelerated a comprehensive crop diversification and estate modernization strategy. The company committed an estimated Rs. 1 billion investment program to expand commercial Arabica coffee cultivation across up to 500 hectares of estate land to serve domestic consumption and target export markets across Australia, North America, and South Asia. Operationally, the company has integrated precision agriculture technologies across its estates, deploying aerial drones for topographical mapping, crop health monitoring, and targeted foliar spraying, alongside mechanized harvesting tools to mitigate agricultural labor shortages. Factory infrastructure has undergone digital upgrading with automated withering, rolling, and drying machinery to enhance processing consistency and optimize liquoring quality. To advance environmental sustainability and optimize land utilization, Hatton Plantations has expanded its commercial timber holdings to over 886 hectares, implemented continuous replanting programs, and secured ISO 50001 energy management certification across its production facilities. Furthermore, following its consolidation of subsidiary Mark Marine Services (Private) Limited, the company has actively scaled up its captive and grid-connected renewable energy installations, expanding solar photovoltaic systems and mini-hydropower operations across its estate assets.