Sierra Cables PLC
CCSELK:SIRA.N000031.60
LKR
-0.90
(-2.77%)
ISIN
LK0351N00003
Return %
Stock
S&P 500
1Y
4.29
14.20
3Y
174.78
81.12
5Y
239.78
68.34
Capital Structure
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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.Company Description
- CEO
- W. D. C. H. Jayatunga
- Full Time Employees
- 280
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Kaduwela Sri Lanka
- IPO Date
- Nov 14, 2005
- Website
- sierracables.com
- Similar Companies
- Business
- Sierra Cables PLC is a Sri Lanka-based manufacturer and distributor of power cables, telecommunication cables, conductors, and industrial piping solutions. Founded in 1999 and headquartered in Kaduwela, Sri Lanka, the company operates as a subsidiary of Browns Investments PLC within the LOLC Group. Sierra Cables manufactures a comprehensive portfolio of power and transmission products categorized into low-voltage copper and aluminium power cables, including armoured and unarmoured configurations; aerial bundled conductors (ABC); overhead transmission and distribution conductors, including all aluminium conductors (AAC), all aluminium alloy conductors (AAAC), and aluminium conductors steel-reinforced (ACSR); specialized solar photovoltaic cables; fire-resistant and low smoke halogen-free (LSHF) cables; industrial control, instrumentation, and signaling cables; telecommunication and coaxial cables; auto cables, welding cables, and flexible cords; as well as unplasticized polyvinyl chloride (uPVC) conduit pipes and plumbing fittings. The company caters to state and private power utilities, telecommunications operators, infrastructure development contractors, commercial and industrial builders, and retail hardware distribution channels across Sri Lanka, the Maldives, Fiji, the wider Asia-Pacific region, and North America. In recent developments, Sierra Cables has transitioned to become a direct operating subsidiary of Browns Investments, accelerated export-led expansion by obtaining UL44 certification to supply specialized building wires to the United States market, and entered into a strategic distribution partnership with ASK Holdings to supply electrical engineering products in the Maldives. Structurally, the company completed the amalgamation of its pipe manufacturing subsidiary, Sierra Industries (Pvt) Ltd, into the parent entity to enhance manufacturing synergies, while executing an orderly liquidation of its Kenyan manufacturing unit, Sierra Cables East Africa Limited, to reallocate capital toward core domestic operations and high-growth export corridors.