Watawala Plantations PLC
CCSELK:WATA.N000046.60
LKR
-0.10
(-0.21%)
ISIN
LK0246N00005
Return %
Stock
S&P 500
1Y
0.22
14.20
3Y
219.18
81.12
5Y
285.12
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
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
- Shyam G. Sathasivam
- Full Time Employees
- 1,468
- Sector
- Consumer non-durables
- Industry
- Food: major diversified
- Address
- Colombo Sri Lanka
- IPO Date
- Dec 1, 1997
- Website
- watawalaplantations.lk
- Similar Companies
- Business
- Watawala Plantations PLC is an agribusiness company based in Sri Lanka, engaged in the cultivation, processing, and commercial distribution of agricultural produce and livestock products. Founded in 1992 and headquartered in Colombo, Sri Lanka, the company operates as a subsidiary of Sunshine Wilmar (Private) Limited, a joint venture between Sunshine Holdings PLC and Wilmar International Limited. Watawala Plantations structures its business activities across three primary segments: Palm Oil, Dairy, and Diversified Agriculture. Its core palm oil segment involves the cultivation and management of extensive oil palm estates; the harvesting and milling of fresh fruit bunches; the extraction and refining processes; and the wholesale supply of crude palm oil (CPO), crude palm kernel oil (CPKO), and palm kernel cake (PKC) to bulk industrial refiners and commercial food processors, maintaining status as Sri Lanka's sole Roundtable on Sustainable Palm Oil (RSPO) certified producer. Its dairy segment, operated through its subsidiary Watawala Dairy Limited, encompasses large-scale precision dairy farming; automated rotary milking parlour operations; herd breeding and livestock health management; cold chain chilling and bulk storage; and the commercial supply of farm-fresh raw milk to domestic industrial dairy processors. The company's diversified agriculture segment comprises the commercial cultivation, harvesting, primary processing, and sale of secondary crops, including Ceylon cinnamon, orthodox and CTC black and green teas, natural rubber, and coconut, along with ancillary plantation asset management and estate bungalow rental services. In recent company developments, Watawala Plantations has advanced its agricultural diversification program by commissioning dedicated modern cinnamon processing infrastructure to increase value-added spice yields and mitigate reliance on primary palm oil revenues. The company has also executed operational efficiency measures within its dairy division, deploying automated herd management systems and scaling partnerships with domestic maize outgrowers to localize fodder supply and offset global feed cost volatility. Additionally, Watawala Plantations has deepened supply chain and distribution integration with parent entities Sunshine Holdings and Wilmar International while continuing capital allocations toward renewable energy integration and resource efficiency across its southern and central estate mills.