Namunukula Plantations PLC
CCSELK:NAMU.N000060.10
LKR
-2.90
(-4.60%)
ISIN
LK0295N00002
Return %
Stock
S&P 500
1Y
5.44
14.20
3Y
70.25
81.12
5Y
220.11
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
- CEO
- Prins de S. A. Gunasekara
- Full Time Employees
- 2,646
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Maharagama Sri Lanka
- IPO Date
- Mar 10, 1999
- Similar Companies
- Business
- Namunukula Plantations PLC is a Sri Lanka-based agribusiness enterprise engaged in the cultivation, processing, and sale of tea, rubber, oil palm, coconut, and ancillary agricultural produce. Founded in 1992 and headquartered in Maharagama, Sri Lanka, the company operates as a subsidiary of RPC Plantation Management Services (Pvt) Ltd within the Richard Pieris & Company PLC conglomerate. The company manages extensive agricultural estates strategically distributed across the Uva high-grown, medium-grown, and Low Country agro-climatic regions of Sri Lanka, spanning the Badulla, Bandarawela, Kalutara, Galle, and Matara districts. The company organizes its principal commercial operations and product offerings into distinct business segments: Tea, comprising the cultivation, harvesting, and manufacture of high-grown, medium-grown, and low-grown orthodox black tea, CTC tea, and specialty grades marketed through the Colombo Tea Auction for domestic consumption and global export; Rubber, consisting of field latex extraction and the processing of sole crepe, pale crepe, ribbed smoked sheets (RSS), skim crepe, and centrifuged latex supplied to industrial tire and rubber goods manufacturers; Oil Palm, encompassing the cultivation, harvesting, and supply of fresh fruit bunches (FFB) to dedicated joint-venture processing mills for the extraction of crude palm oil and palm kernel products; Coconut and Diverse Crops, including the commercial cultivation and wholesale distribution of fresh coconuts, copra, cinnamon, and intercropped fruits and spices; Forestry, covering sustainable commercial timber plantations and managed forestry reserves; and Renewable Energy, comprising mini-hydroelectric power generation plants and rooftop solar photovoltaic systems that feed clean energy into the national grid. In recent years, Namunukula Plantations PLC has executed strategic initiatives focused on crop diversification, operational mechanization, and green energy expansion to drive productivity and bolster margin resilience. The company has accelerated its systematic replanting programs, replacing senile rubber and underproductive tea fields with high-yielding, climate-resilient clones and expanding oil palm and commercial coconut acreage to optimize land utilization. To mitigate industry-wide labor shortages and rising production costs, the company has deployed field mechanization technologies, including motorized harvesting and pruning equipment, while modernizing its processing factories with automated machinery and energy-efficient biomass heating systems. Furthermore, the company has expanded its renewable energy generation portfolio by commissioning rooftop solar power installations across its manufacturing facilities and has reinforced its sustainability commitments by maintaining internationally recognized certifications such as Rainforest Alliance, ISO 22000, and HACCP standards across its operating units.