Lanka Aluminium Industries PLC
CCSELK:LALU.N000030.30
LKR
-1.10
(-3.50%)
ISIN
LK0108N00007
Return %
Stock
S&P 500
1Y
-41.17
14.20
3Y
63.78
81.12
5Y
44.29
68.34
Capital Structure
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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
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FRC
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in mil. unless spec.Company Description
- CEO
- Jude Dinal Peiris
- Full Time Employees
- 317
- Sector
- Non-energy minerals
- Industry
- Aluminum
- Address
- Colombo Sri Lanka
- IPO Date
- Jun 4, 1987
- Website
- aluminium.lk
- Similar Companies
- Business
- Lanka Aluminium Industries PLC is a Sri Lanka-based manufacturer and distributor specializing in high-grade aluminium extrusions, architectural systems, and allied hardware products. Founded in 1983, listed on the Colombo Stock Exchange in 1986, and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of Clovis Company Limited within the international Comcraft Group network. The company operates through four principal business segments: Extrusions, Imported Extrusions, Fabrication and Builders Hardware, and Investment Property. The company manufactures and markets a comprehensive portfolio of architectural and industrial profiles, categorized into proprietary architectural systems, including sliding doors and windows, casement doors and windows, curtain walling, structural glazing systems, shopfronts, interior office partitions, and aerodynamic louvers; industrial and structural profiles, encompassing equal and unequal angles, flat bars, square and rectangular hollow sections, round tubes, glazing beads, channels, and specialized mounting rails for solar photovoltaic systems; builders hardware and fixtures, such as aluminium handles, friction stays, locks, tower bolts, and hinges produced through its subsidiary Comark Engineers (Pvt) Ltd; and specialized value-added finishes and services, comprising high-durability anodizing in multiple color tones, electro-colouring, wood-grain sublimation, electrostatic powder coating under long-term warranties, structural design consulting, shop drawings, wind-load calculation engineering, and contract fabrication. Lanka Aluminium Industries PLC serves a wide client base across Sri Lanka, catering to residential, commercial, and institutional construction developers, fabricators, architects, industrial manufacturers, and renewable energy contractors. Its consolidated operating subsidiaries include Comark Engineers (Pvt) Ltd, Comark Lanka (Pvt) Ltd, and Castalloys (Pvt) Ltd. In recent developments, Lanka Aluminium Industries PLC has focused on modernizing production infrastructure and expanding direct distribution channels. The company committed capital expenditures toward upgrading its primary production capabilities through the acquisition and commissioning of a new automated aluminium melting facility to augment casting throughput and optimize scrap recycling efficiency. To enhance domestic market penetration and customer accessibility, the company expanded its island-wide retail showroom network to ten fully owned outlets, with the recent addition of a dedicated facility in Nagoda, Kalutara, providing on-site technical advisory services, structural assessments, and customized product distribution. Furthermore, the company introduced structured credit terms and electronic credit settlement facilities across its retail and fabricator network to support trade financing and drive demand in the construction sector.