RIL Property Plc
CCSELK:RIL.N000019.80
LKR
-0.20
(-1.00%)
ISIN
LK0452N00009
Return %
Stock
S&P 500
1Y
-41.59
14.20
3Y
230.00
81.12
5Y
127.59
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
- Anne Hiroshini Fernando
- Full Time Employees
- 108
- Sector
- Finance
- Industry
- Real estate development
- Address
- Colombo Sri Lanka
- IPO Date
- May 4, 2017
- Website
- rilproperty.lk
- Similar Companies
- Business
- R I L Property PLC is a Sri Lanka-based diversified conglomerate primarily engaged in commercial real estate development, property management, automotive distribution, and renewable energy generation. Founded in 2009 and headquartered in Colombo, Sri Lanka, the company develops, manages, and leases Grade A commercial office properties, anchored by its flagship 22-story complex, PARKLAND, located in Colombo 02. The company operates through three principal business segments: Real Estate, Automotive, and Renewable Energy. In its Real Estate segment, the company provides Grade A premium office leasing; commercial property development and asset revitalization; integrated facilities management; mechanical, electrical, and plumbing (MEP) engineering solutions; project management and real estate advisory; and interior space planning and tenant fit-out consultancy through subsidiaries including Parkland Management Services (Private) Limited. In its Automotive segment, operated through its majority-owned subsidiary United Motors Lanka PLC, the company engages in the import, assembly, and distribution of passenger and commercial vehicles, heavy machinery, and material handling equipment under international brand franchises such as Mitsubishi, Fuso, JCB, and DFSK; provision of vehicle after-sales repair and maintenance services; and marketing and distribution of automotive components, accessories, Yokohama tyres, and Valvoline lubricants. In its Renewable Energy segment, conducted through subsidiary Panasian Power PLC, the company develops, owns, and operates run-of-river mini-hydroelectric plants; constructs and manages utility-scale ground-mounted solar power plants; installs commercial and industrial rooftop solar systems; and provides turnkey engineering, procurement, and construction (EPC) solutions for clean energy infrastructure, feeding electricity into the national grid under long-term power purchase agreements with the Ceylon Electricity Board. In recent developments, R I L Property PLC has accelerated strategic expansion in its renewable energy division through Panasian Power PLC by securing utility-scale solar project allocations from the Ceylon Electricity Board and commissioning multiple 5MW ground-mounted solar power facilities across Sri Lanka, including installations in Kurunegala, Anuradhapura, Maho, and Uda Aparakke utilizing bifacial photovoltaic technology and single-axis tracking systems. Concurrently, the group streamlined its operational focus onto its core real estate, automotive, and green power verticals following the strategic divestment of its non-core food and beverage operations, while continuing to expand corporate tenancy within its prime commercial real estate portfolio and scaling aftersales automotive infrastructure.