Teejay Lanka Plc
CCSELK:TJL.N000028.30
LKR
-0.60
(-2.08%)
ISIN
LK0394N00003
Return %
Stock
S&P 500
1Y
-30.81
14.20
3Y
-17.73
81.12
5Y
-33.72
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Pubudu de Silva
- Full Time Employees
- 3,298
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Avissawella Sri Lanka
- IPO Date
- Jul 7, 2011
- Website
- teejay.com
- Similar Companies
- Business
- Teejay Lanka PLC is a Sri Lanka-based multinational textile manufacturer engaged in the development, manufacturing, finishing, and distribution of advanced weft-knitted fabric solutions for the global fashion and performance apparel industries. Founded in 2000 as Textured Jersey Lanka and headquartered in Avissawella, Sri Lanka, the company maintains manufacturing facilities and corporate operations across Sri Lanka, India, and Mauritius, while extending commercial and sourcing networks into Bangladesh, Egypt, and Indonesia. Teejay Lanka operates with strategic backing from major shareholders Pacific Textiles Holdings Limited and Brandix Lanka Limited, managing operating subsidiaries that include Teejay India Private Limited, Teejay Lanka Prints (Private) Limited, and Teejay Mauritius (Private) Limited. The company supplies high-volume and customized knit fabrics tailored for intimate apparel, activewear, sleepwear, loungewear, and sportswear, serving premier global retailers and apparel conglomerates such as Nike, PVH Corp., Uniqlo, Marks & Spencer, Decathlon, and Victoria's Secret. Its comprehensive product and service portfolio comprises single jersey; interlock; rib; pique; fleece; French terry; lace; complex engineered jacquards; yarn-dyed structured knits; synthetic filament and texturized polyester and nylon knits; natural, organic, and regenerated cellulose blends spanning cotton, modal, Tencel, viscose, wool, and silk; elastane and spandex high-stretch fabrications; value-added performance finishes including moisture-wicking, antimicrobial, odor-control, water-repellent, and bio-polishing treatments; and advanced textile embellishment services encompassing rotary, screen, pigment, reactive, and high-precision digital printing. In recent developments, Teejay Lanka has been executing a long-range strategic growth plan aimed at reaching USD 300 million in enterprise revenue, anchored by the expansion of its manufacturing hub in Visakhapatnam, India, and a strategic portfolio pivot toward high-margin synthetic and athleisure textiles. The group has operationalized its Abhivarah 2030 sustainability framework aligned with the Science Based Targets initiative (SBTi), accelerating biomass energy transitions and circular manufacturing across its plants. Operationally, Teejay Lanka has broadened its nearshoring capabilities to mitigate regional supply chain risks, completed technological upgrades in digital printing and synthetic jacquard knitting, and reconstituted its board and executive leadership to drive global commercial expansion and long-term margin resilience following raw material price stabilization.