Kelani Tyres PLC
CCSELK:TYRE.N000080.40
LKR
-0.40
(-0.50%)
ISIN
LK0216N00008
Return %
Stock
S&P 500
1Y
-13.36
14.20
3Y
25.63
81.12
5Y
-8.11
68.34
Capital Structure
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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
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Rohan Thilak Fernando
- Full Time Employees
- 11
- Sector
- Consumer durables
- Industry
- Automotive aftermarket
- Address
- Colombo Sri Lanka
- IPO Date
- Jan 28, 1994
- Similar Companies
- Business
- Kelani Tyres PLC is a Sri Lanka-based holding and tyre manufacturing company engaged in the production, marketing, and distribution of pneumatic tyres, tubes, and flaps for domestic and international automotive markets. The company operates principally through its 50:50 joint venture with CEAT Limited of India under CEAT Kelani Holdings (Private) Limited, which oversees operating entities including CEAT Kelani International Tyres (Private) Limited, CEAT Kelani Radials (Private) Limited, Associated CEAT Holdings Company (Private) Limited, and Asian Tyre Manufacturers (Private) Limited. Kelani Tyres PLC offers a comprehensive product portfolio marketed under the CEAT and Kelani brand names, comprising commercial truck and bus cross-ply (bias) tyres; passenger car radial (PCR) and sport utility vehicle (SUV) tyres; light commercial vehicle (LCV) tyres; two-wheeler tyres for motorcycles and scooters; three-wheeler auto-rickshaw tyres; agricultural tractor front, rear, and trailer tyres; off-the-road (OTR) industrial tyres; natural and butyl rubber inner tubes; and heavy-duty rubber flaps. The company serves original equipment manufacturers (OEMs), automotive replacement aftermarket channels, commercial fleet operators, and retail consumers across Sri Lanka, while maintaining export operations to regional markets across South Asia, the Middle East, and Africa. In recent strategic developments, the company has expanded its manufacturing capacity for high-performance passenger car radial and premium motorcycle radial tyres to substitute imported tyres and meet growing domestic replacement demand. The enterprise has also broadened its product offerings to include low-rolling-resistance tyres engineered for electric vehicles and enhanced all-terrain radial variants. To improve energy security and operational efficiency, the company has completed and commissioned multi-megawatt rooftop solar photovoltaic generation systems across its principal manufacturing facilities in Kelaniya and Kalutara. Furthermore, the group has intensified localized raw material sourcing for natural rubber and key compounds to enhance supply chain resilience and mitigate foreign exchange exposure. Founded in 1990, Kelani Tyres PLC is headquartered in Peliyagoda, Kelaniya, Sri Lanka.