Swisstek (Ceylon) PLC
CCSELK:PARQ.N000079.90
LKR
-0.10
(-0.12%)
ISIN
LK0135N00000
Return %
Stock
S&P 500
1Y
-17.80
14.39
3Y
375.60
81.42
5Y
178.40
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
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in mil. unless spec.Company Description
- CEO
- Liyana A. D. N. Perera
- Full Time Employees
- 735
- Sector
- Non-energy minerals
- Industry
- Aluminum
- Address
- Colombo Sri Lanka
- IPO Date
- Aug 24, 1993
- Website
- swisstekceylon.com
- Similar Companies
- Business
- Swisstek (Ceylon) PLC is a Sri Lanka-based manufacturer and distributor of construction materials, surface preparation systems, and architectural finishing solutions. Founded in 1967 as Parquet (Ceylon) Ltd and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of Lanka Walltiles PLC within the diversified Vallibel One PLC conglomerate. The company organizes its commercial operations into two principal operating segments: Tile Accessories and Flooring Solutions, and Aluminium Extrusions. The company offers a comprehensive portfolio of specialized construction and interior finishing products, including polymer-modified cementitious tile adhesives and high-strength mortar formulations for ceramic, porcelain, and natural stone installations; cementitious, super-polymer, and chemical-resistant epoxy tile grouts marketed under the SW 101 brand; surface preparation and leveling systems, including wall skim coats and self-leveling compounds; waterproofing barriers and protective sealants, featuring Aqua Shield 2K dual-component waterproofing systems; grout sealers and specialized tile cleaning chemicals; decorative landscaping pebbles; solid hardwood and engineered parquet flooring under the Swissparkett brand; and through its subsidiary, Swisstek Aluminium Limited, precision-engineered aluminium extrusion profiles, powder-coated and anodized architectural systems, and zinc aluminium building materials. The company operates primary manufacturing and processing facilities located in Balummahara, Imbulgoda, with an annual production capacity exceeding 100,000 metric tons for tile mortars and grouts, and an extrusion plant in Dompe for aluminium products. Swisstek (Ceylon) PLC maintains ISO 9001 certifications and was the first entity in Sri Lanka to receive Sri Lanka Standards Institution certification for tile mortar and tile grout. The company caters to residential homeowners, commercial developers, architectural and engineering consultants, construction contractors, and DIY consumers throughout Sri Lanka, alongside distribution to selective export destinations in South Asia and global markets. In recent developments, Swisstek (Ceylon) PLC has executed strategic initiatives under its Momentum operational framework to strengthen market leadership, enhance production efficiency, and expand domestic and export market share. The company appointed Daminda Perera as Group Managing Director to oversee strategic growth, manufacturing integration, and operational oversight across Swisstek (Ceylon) PLC and Swisstek Aluminium Limited. To reinforce brand visibility and consumer engagement, the company established a high-profile brand partnership with Sri Lanka Women's National Cricket captain Chamari Athapaththu. Additionally, the company broadened its product portfolio with upgraded high-durability polymer grouts, expanded zinc aluminium product lines, and eco-friendly surface finishing compounds. Operationally, Swisstek has accelerated investments in factory automation, contractor training academies, and corporate sustainability initiatives, including the deployment of industrial rooftop solar photovoltaic installations across its manufacturing facilities to lower carbon intensity and enhance operational resilience.