Lanka Tiles PLC
CCSELK:TILE.N000038.80
LKR
-0.20
(-0.51%)
ISIN
LK0114N00005
Return %
Stock
S&P 500
1Y
-26.10
14.20
3Y
-13.78
81.12
5Y
-53.53
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
- Jayasekera A. P. M. Jayasekera
- Full Time Employees
- 898
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- Colombo Sri Lanka
- IPO Date
- Jun 18, 1987
- Website
- lankatiles.com
- Similar Companies
- Business
- Lanka Tiles PLC is a Sri Lanka-based manufacturer and distributor of ceramic and porcelain tiles, operating primarily within the building materials and home improvement sectors. Founded in 1984 and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of Lanka Walltiles PLC within the Vallibel One Group and Royal Ceramics Lanka PLC conglomerate network. Lanka Tiles PLC manufactures, designs, and markets an extensive portfolio of surfacing solutions under the flagship brand LANKATILES for residential, commercial, and industrial markets across Sri Lanka, as well as export destinations including Australia, the United States, Japan, the Maldives, and the Middle East. The company's primary product and service offerings comprise: glazed ceramic floor tiles in various formats, textures, and finishes; porcelain floor and wall tiles engineered for high-traffic indoor and outdoor applications; specialty tiling solutions, including glass and porcelain mosaics, swimming pool tiles, field and trim tiles, border tiles, and step tiles; complementary bathware and sanitary fixtures; tile care and installation materials distributed through associated entities, including cementitious tile adhesives, tile grouts, joint fillers, waterproofing agents, and specialized surface cleaners under the Swisstek brand; and architectural aluminium extrusions and corrugated carton packaging manufactured via associate entities Swisstek Aluminium Ltd and Uni Dil Packaging Ltd. In addition, Lanka Tiles PLC provides retail and commercial services through a nationwide network of brand showrooms and design concept centers, offering architectural consultation, 3D space visualization, and tile laying technical advisory services. In recent developments, Lanka Tiles PLC has expanded its international footprint by acquiring US-based distribution entity Valley View Ceramics LLC in 2024 to capture growing export demand for mosaic and specialty porcelain tile products across North America. To streamline group operations and focus capital entirely on core manufacturing segments, the company completed the divestment of its non-core stake in Horana Plantations PLC. Operationally, the company has undertaken major capital expenditure programs at its principal manufacturing facility in Ranala, Sri Lanka, investing in kiln modernization and automated material-feeding systems to enhance energy efficiency, raise plant capacity utilization, and meet international export standards. Lanka Tiles PLC marked its 40th anniversary in March 2024 while continuing the digital modernization and geographic expansion of its showroom network to strengthen its retail market leadership.