Melstacorp Plc
CCSELK:MELS.N0000177.50
LKR
-0.25
(-0.14%)
ISIN
LK0450N00003
Return %
Stock
S&P 500
1Y
-7.07
14.20
3Y
121.88
81.12
5Y
214.16
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Manamalabaduge Saman Jude Fernando
- Full Time Employees
- 32,860
- Sector
- Consumer non-durables
- Industry
- Beverages: alcoholic
- Address
- Colombo Sri Lanka
- IPO Date
- Dec 30, 2016
- Website
- melstacorp.com
- Similar Companies
- Business
- Melstacorp PLC is a diversified holding company headquartered in Colombo, Sri Lanka, operating as one of the country's largest corporate conglomerates across beverages, tourism and hospitality, plantations, financial services, healthcare, maritime logistics, and information technology. Founded in 1998, the company manages an extensive portfolio of listed and unlisted subsidiaries and associates across South Asia and the Indian Ocean region. In its core Beverage segment, the company operates primarily through the Distilleries Company of Sri Lanka PLC (DCSL) and Periceyl (Pvt) Ltd, manufacturing, distilling, blending, and distributing alcoholic beverages, including pure coconut arrack, blended arrack, Extra Special Arrack, Double Distilled Arrack, House of Tilbury whisky, White Diamond gin, Petroff vodka, Grand Chateaux brandy, rums, and a broad portfolio of imported wines, beers, and premium spirits; in its Plantations segment, the company manages Balangoda Plantations PLC and Madulsima Plantations PLC, engaging in the cultivation, processing, and sale of black tea, rubber, timber, and diverse agricultural produce; in Tourism and Hospitality, the company holds major interests in Aitken Spence PLC and Browns Beach Hotels PLC, owning and managing luxury hotel resorts, beachfront properties, destination management companies, travel agencies, and airline general sales agencies across Sri Lanka, the Maldives, India, and Oman; in Financial Services, the company provides non-life general insurance through Continental Insurance Lanka Limited, offering motor, fire, marine cargo, and general accident insurance policies; in Healthcare Services, it operates Melsta Health (Pvt) Ltd, providing tertiary inpatient, surgical, and emergency medical care through Melsta Hospital Ragama; in Maritime, Freight, and Logistics, the group provides international ocean and air freight forwarding, integrated warehousing, inland container depot operations, courier solutions, and port agency services; in Technology and Business Services, it offers customer care solutions, contact center operations, and business process outsourcing (BPO) through Bellvantage (Pvt) Ltd and Melsta Technologies (Pvt) Ltd, alongside run-of-the-river hydroelectric power generation and automotive fleet repair services through Mels Automobiles (Pvt) Ltd. In recent operational developments, Melstacorp has executed a comprehensive portfolio rationalization program to optimize capital efficiency and re-anchor its focus on high-yielding core segments; this strategic reorganization encompasses the phased cessation of operations and divestment of non-core and underperforming subsidiaries, including telecommunications provider Lanka Bell Group, fabric manufacturer Texpro Industries (Pvt) Ltd, retail pharmacy business Melsta Pharmaceuticals (Pvt) Ltd, standalone diagnostic arm Melsta Laboratories (Pvt) Ltd, and cement packaging venture Melsta GAMA (Pvt) Ltd, alongside sustained investments to reinforce its national market leadership in distilled spirits, expand resort hospitality operations, and scale group-wide renewable energy generation.