List of Sri Lankan public corporations by market capitalisation

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This is a list of largest publicly traded companies on Colombo Stock Exchange by market capitalisation in Sri Lanka . Only the top 50 companies are listed below.

Contents

List

These 50 companies alone account for about 75% of the total market capitalisation of the Colombo Stock Exchange. [1] On January 4, 2021, total market capitalisation crossed three trillion rupees mark for the first time. [2] Hayleys announced a stock split on January 21 of 2021 and it resulted in increasing market capitalization by over 100 billion rupees. All share price index surpassed 8000 points for the first as a result. [3]

CompanyMarket capitalisation Rs. (mns)Percentage of Total market cap. Sector FoundedReference
Expolanka Holdings 276,1327.74Transportation2003 [4]
John Keells Holdings 188,0025.27Capital Goods1979 [5]
LOLC Finance 165,3964.64Diversified Financials2001 [6]
LOLC Holdings 157,6484.42Diversified Financials1980 [7]
Ceylon Tobacco Company 155,1514.35Food, Beverage and Tobacco1932 [8]
Sri Lanka Telecom 152,6914.28Communication Services1974 [9]
Distilleries Company of Sri Lanka 81,8802.30Food, Beverage and Tobacco1989 [10]
Dialog Axiata 80,8272.27Communication Services1993 [11]
Lanka IOC 73,4802.06Energy2002 [12]
Browns Investments 71,8492.01Food, Beverage and Tobacco2008 [13]
Commercial Bank of Ceylon 69,7061.95Banks1969 [14]
Cargills (Ceylon) 64,4191.81Food and Staples Retailing1946 [15]
Melstacorp 62,3491.75Food, Beverage and Tobacco1998 [16]
Sampath Bank 57,4621.61Banks1986 [17]
Lion Brewery (Ceylon) 55,9601.57Food, Beverage and Tobacco1996 [18]
Hatton National Bank 52,8161.48Banks1970 [19]
Carson Cumberbatch 51,6501.45Food, Beverage and Tobacco1913 [20]
Hayleys 50,8501.43Capital Goods1952 [21]
Aitken Spence 50,7501.42Capital Goods1952 [22]
Ceylinco Insurance 42,9201.20Insurance1987 [23]
Bukit Darah 42,7121.20Food, Beverage and Tobacco1961 [24]
Hemas Holdings 37,8811.06Capital Goods1948 [25]
Vallibel One 37,5841.05Capital Goods2010 [26]
C T Holdings 37,5621.05Food and Staples Retailing1928 [27]
Ceylon Cold Stores 36,6851.03Food, Beverage and Tobacco1866 [28]
Richard Pieris & Company 36,6311.03Capital Goods1940 [29]
Royal Ceramics Lanka 29,1380.82Capital Goods1990 [30]
LB Finance 28,3120.79Diversified Financials1971 [31]
Softlogic Life Insurance 26,9250.76Insurance1999 [32]
Senkadagala Finance 25,9270.73Diversified Financials1968 [33]
Asiri Hospital Holdings 25,8220.72Health Care Equipment and Services1980 [34]
John Keells Hotels 24,0260.67Consumer Services1979 [35]
Ceylon Beverage Holdings 23,8000.67Food, Beverage and Tobacco1910 [36]
Hunas Holdings 22,7810.64Consumer Services1989 [37]
WindForce 22,4230.63Independent Power Producers and Energy Traders2010 [38]
The Lanka Hospitals Corporation 22,3510.63Health Care Equipment and Services1997 [39]
Teejay Lanka 22,1470.62Consumer Durables and Apparel2000 [40]
Brown and Company 21,4220.60Capital Goods1892 [41]
Dilmah Ceylon Tea Company 20,9860.59Food, Beverage and Tobacco1981 [42]
Sunshine Holdings 20,9090.59Food, Beverage and Tobacco1973 [43]
Chevron Lubricants Lanka 19,8720.56Materials1992 [44]
Aitken Spence Hotel Holdings 19,8070.56Consumer Services1978 [45]
PGP Glass Ceylon 18,9070.53Materials1956 [46]
Union Assurance 18,0320.51Insurance1987 [47]
CIC Holdings 17,9040.50Materials1964 [48]
Overseas Realty (Ceylon) 17,9000.50Real estate1980 [49]
Nations Trust Bank 17,5420.49Banks1999 [50]
National Development Bank 17,3370.49Banks1979 [51]
DFCC Bank 16,8780.47Banks1955 [52]
Haycarb 16,5800.46Materials1973 [53]

Source: Colombo Stock Exchange, 20 May 2023

See also

Related Research Articles

Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. It was one of the first Sri Lankan companies included in Forbes's list of non-US Best Managed companies valued under US$1 billion. The company has also been featured in the business magazine Business Today as one of its Top 10 listed companies in Sri Lanka.

<span class="mw-page-title-main">Nations Trust Bank</span> Sri Lankan commercial bank

Nations Trust Bank PLC is one of the listed banks in Sri Lanka with 96 branches, 99 ATMs and 64 cash deposit & withdrawal machines as well as an automated channels and is the issuer and sole acquirer for American Express Credit Cards in Sri Lanka. Nation Trust Bank's major shareholders are John Keells Holdings and Central Finance Company PLC which are leading companies in their respective operating sectors in Sri Lanka.

John Keells Holdings PLC (JKH) is one of the largest conglomerate companies in Sri Lanka. From managing hotels and resorts in Sri Lanka and the Maldives to providing port, marine fuel and logistics services to IT solutions, manufacturing of food and beverages to running a chain of supermarkets, tea broking to stock broking, life insurance and banking to real estate, the Group of companies has made its presence felt in virtually every major sphere of the economy.

<span class="mw-page-title-main">Hayleys</span> Sri Lankan conglomerate

Hayleys PLC, founded in 1878, is a multinational and diversified conglomerate company in Sri Lanka with business spanning over 16 sectors, catering to 70 markets worldwide. Hayleys accounts for approximately 4.2% of Sri Lanka's export income, and 3.9% of the country's tea and 4.5% of its rubber production. With over 30,000 employees, Hayley was also the first listed entity in the country to surpass annual revenue of US$1 billion in Fiscal Year 2017/18. The company operates over 16 business sectors: eco-solutions, hand protection, purification, agriculture, consumer and retail, leisure, textile manufacturing, construction materials, plantations, industrial solutions, power and energy, transportation and logistics, BPO, tea exports, projects and engineering, and investments and services. Hayleys comprises over 130 business units and subsidiaries, nine of which are publicly listed in the Colombo Stock Exchange. In addition to Sri Lanka, Hayleys today has manufacturing facilities in Indonesia and Thailand and marketing operations in Australia, India, Bangladesh, Italy, Japan, Netherlands, UK and USA and its products are sold in 80 countries.

<span class="mw-page-title-main">Ceylon Cold Stores</span> Sri Lankan company which produces carbonated drinks, ice cream and processed meat products

Ceylon Cold Stores (CCS), trading as Elephant House, is a Sri Lankan company which produces carbonated drinks, ice cream and processed meat products. Despite competition from global competitors such as Coca-Cola and Pepsi, Elephant Soft Drinks remains the market leader in Sri Lanka.

<span class="mw-page-title-main">LOLC Holdings</span> Sri Lankan conglomerate

LOLC Holdings PLC is a Sri Lankan conglomerate listed on the Colombo Stock Exchange (CSE). Originally starting as a non-banking financial company LOLC has grown into one of the largest Sri Lankan conglomerates involved in many sectors and subsidiaries in several countries although it is still mainly involved in the financial sector.

<span class="mw-page-title-main">C T Holdings</span> Sri Lankan conglomerate holding company

C T Holdings PLC, formerly known as Ceylon Theatres Limited, is one of the largest conglomerate companies in Sri Lanka. The company was incorporated in 1928 by Chittampalam A. Gardiner and quoted on the Colombo Stock Exchange ever since. In 2019, Brand Finance ranked C T Holdings eighth amongst the most valuable conglomerates in Sri Lanka with a brand value of LKR18,981 million. C T Holdings also ranked eighth in the LMD 100, a list of leading listed companies in Sri Lanka by the business magazine, LMD.

<span class="mw-page-title-main">Cinnamon Hotels & Resorts</span> Sri Lankan luxury hotel chain brand

Cinnamon Hotels & Resorts is a major Sri Lankan luxury hotel chain brand. Cinnamon Hotels was recognised as the most valuable hospitality brand in Sri Lanka for 2019 with a brand equity of seven billion Sri Lankan Rupees. Philip Kotler, the renowned marketing author included a 10-page reference of the brand in his 2010 co-authored book, Asian Competitors: Marketing For Competitiveness In The Age Of Digital Consumers on the effective use of social media and various digital initiatives.

<span class="mw-page-title-main">John Keells Hotels</span> Sri Lankan hotel holding company

John Keells Hotels PLC is a hotel holding company in Sri Lanka. John Keells built its first resort in 1973 in Habarana. John Keells' hotel management company operated under several names. In the 1970s, the company was known as Walkers Tours Hotels. Then in the 1980s, it was known as simply Hotel Management & Marketing Services, and finally, in the 1990s, the company became to known as John Keells Hotels. John Keells ventured into the Maldives in 1996 with the acquisition of Velidhu Resort Hotel. In 2004, the hotel chain underwent a major restructuring. All resorts were brought under John Keells Hotels Limited, and the company was listed on the Colombo Stock Exchange.

Chevron Lubricants Lanka PLC is a manufacturer, distributor and marketer of Petroleum-based lubricants in Sri Lanka. The company is one of the constituents of the S&P Sri Lanka 20 Index and the Chevron Corporation holds a controlling stake (51.00%) of the company's stocks. The company offers engine oils, gear oils, transmission oils under the brand name Havoline while offering diesel vehicle engine oils, industrial lubricants, coolants, brake fluids under the brand name Delo. For the financial year 2019/20, Chevron Lubricants Lanka was ranked 67th in LMD 100, a list of listed companies by revenue in Sri Lanka.

<span class="mw-page-title-main">Cinnamon Lakeside Colombo</span> Luxury hotel in Sri Lanka

Cinnamon Lakeside Colombo, trading as Trans Asia Hotels PLC, is a five-star luxury hotel located in Colombo, Sri Lanka. The hotel is listed on the Colombo Stock Exchange and John Keells Holdings owns a stake of 92% of the company's shares, 48% directly and 43% through its subsidiary Asian Hotels and Properties PLC. Cinnamon Lakeside Colombo has 346 rooms including 20 suites.

<span class="mw-page-title-main">Singer (Sri Lanka)</span>

Singer PLC is a Sri Lankan holding company engaged in retailing and wholesale marketing home appliances and furniture. The company is also taking part in financial services and manufacturing businesses. The company is listed on the Colombo Stock Exchange since 1981 and in 2017, the Sri Lankan conglomerate, Hayleys acquired the majority of the shares. Singer is ranked 17th in the LMD 100, an annual list of listed companies in Sri Lanka by revenue, in 2020/21 edition. Brand Finance ranked the company 15th most valuable brand in Sri Lanka in its annual list of top 100 brands.

L B Finance PLC sometimes spelt LB Finance, is a Sri Lankan non-bank financial institution. The company is incorporated in 1971 and initially, the majority of shares were held by Lewis Brown & Company. The company was listed on the Colombo Stock Exchange in 1997. In 2003, Dhammika Perera acquired the company and became a subsidiary of Vallibel One. Currently, the company is one of the components of the S&P Sri Lanka 20 Index. Brand Finance ranked the company 24th in the 100 most valuable brands in Sri Lanka. The company placed 39th in the LMD 100 for the financial year 2019/20.

<span class="mw-page-title-main">Royal Ceramics</span> Sri Lankan manufacturing company

Royal Ceramics Lanka PLC branded as Rocell, is a Sri Lankan holding company and is also engaged in manufacturing ceramic tiles and bath ware. The company was founded in 1990 and in 1994, it was listed on the Colombo Stock Exchange. The company is one of the constituents of the S&P Sri Lanka 20 Index. LMD, a Sri Lankan business magazine placed the company 38th in the LMD 100, a list of leading listed companies in Sri Lanka. Brand Finance ranked 74th amongst the 100 most valuable brands in Sri Lanka.

<span class="mw-page-title-main">People's Leasing & Finance</span> Sri Lankan non-banking financial company

People's Leasing & Finance PLC, sometimes called People's Leasing Company or commonly abbreviated PLC, is a licensed non-banking financial company in Sri Lanka. The company is ranked 30th in LMD 100, an annual list of leading listed companies in Sri Lanka. Brand Finance placed the company 21st amongst the 100 most valuable brands in Sri Lanka. The company was incorporated in 1995 and in 2010 listed on the Colombo Stock Exchange. 75% of the shares of the company is held by the People's Bank, one of the two government-held banks of Sri Lanka.

<span class="mw-page-title-main">Dipped Products</span> Rubber glove manufacturer in Sri Lanka

Dipped Products PLC is a rubber glove manufacturer in Sri Lanka. The company also manages rubber and tea plantations. The company was incorporated in 1976 and listed on the Colombo Stock Exchange in 1983. The company is one of the components of the S&P Sri Lanka 20 Index. Sri Lankan conglomerate, Hayleys is the effective controlling shareholder of Dipped Products. The company was ranked 26th in LMD 100, an annual list of quoted companies in Sri Lanka by revenue.

<span class="mw-page-title-main">Brown and Company</span> Sri Lankan conglomerate holding company

Brown and Company PLC, sometimes called Browns Group, is a conglomerate holding company in Sri Lanka. The company was founded by James Brown, a 25-year-old engineer and mechanic from London who arrived in Ceylon in 1872. In 1892, the company was incorporated and in 1991 the company became a listed company on the Colombo Stock Exchange. The company was included in S&P Sri Lanka 20 Index in June 2021. Brown and Company is one of the LMD 100 companies, an annual list of Sri Lankan listed companies by revenue, having ranked 42nd in the 2020/21 edition.

<span class="mw-page-title-main">Ceylon Grain Elevators</span> Animal feed manufacturing company in Sri Lanka

Ceylon Grain Elevators PLC is an animal feed manufacturing company in Sri Lanka. The company was incorporated in 1982 as a result of an agreement between the Government of Sri Lanka and Prima Limited of Singapore. The company was listed on the Colombo Stock Exchange in 1984. Singapore-based, Prima Limited holds a controlling stake in the company's stocks. Ceylon Grain Elevators is part of the Prima Group in Sri Lanka. The company is ranked 50th in LMD 100, an annual list of listed companies in Sri Lanka by revenue.

<span class="mw-page-title-main">Union Assurance</span> Sri Lankan insurance company

Union Assurance PLC is an insurance company in Sri Lanka. Union Assurance was founded in 1987 and was listed on the Colombo Stock Exchange in the following year. In 2009, John Keells Holdings acquired a controlling stake in the company. The company divested its general insurance business to Fairfirst Insurance and focused on life insurance in 2015. The company was a constituent of Forbes Asia's Best Under a Billion list in 2018. Union Assurance is one of the LMD 100 companies in Sri Lanka. The company is also one of the 100 most valuable brands in Sri Lanka.

<span class="mw-page-title-main">LOLC Finance</span> Sri Lankan non-banking financial company

LOLC Finance PLC is a non-banking financial company based in Sri Lanka. LOLC Holdings is the ultimate parent company of LOLC Finance. The company was founded as LOLC Finance Company Limited in 2001. In 2003, the company changed its name to Lanka ORIX Finance Company and commenced operations. Lanka ORIX Finance Company became a public company in 2011 with its listing on the Colombo Stock Exchange. The company adopted its current name in 2015. LOLC Finance is one of the LMD 100 companies in Sri Lanka. The company is also one of the 100 most valuable brands in the country. LOLC Finance has been a constituent of the S&P Sri Lanka 20 Index since the end of 2021. LOLC Finance merged with its sister company, Commercial Leasing & Finance PLC in 2022. The merger resulted in LOLC Finance becoming the largest non-banking financial company in the country.

References

  1. "Market capitalization". cse.lk. Colombo Stock Exchange . Retrieved 12 July 2021.
  2. "CSE market cap crosses Rs.3 trillion mark". adaderana.lk. Ada Derana. 5 January 2021. Retrieved 7 August 2021.
  3. Cassim, Nisthar (22 January 2021). "Dhammika drives stock market to dizzy heights with mega share sub-division move". ft.lk. Daily FT. Retrieved 5 March 2021.
  4. "EXPOLANKA HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  5. "JOHN KEELLS HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  6. "LOLC FINANCE PLC". cse.lk. Retrieved 20 May 2023.
  7. "LOLC HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  8. "CEYLON TOBACCO COMPANY PLC". cse.lk. Retrieved 20 May 2023.
  9. "SRI LANKA TELECOM PLC". cse.lk. Retrieved 20 May 2023.
  10. "DISTILLERIES COMPANY OF SRI LANKA PLC". cse.lk. Retrieved 20 May 2023.
  11. "DIALOG AXIATA PLC". cse.lk. Retrieved 20 May 2023.
  12. "LANKA IOC PLC". cse.lk. Retrieved 20 May 2023.
  13. "BROWNS INVESTMENTS PLC". cse.lk. Retrieved 20 May 2023.
  14. "COMMERCIAL BANK OF CEYLON PLC". cse.lk. Retrieved 20 May 2023.
  15. "CARGILLS (CEYLON) PLC". cse.lk. Retrieved 20 May 2023.
  16. "MELSTACORP PLC". cse.lk. Retrieved 20 May 2023.
  17. "SAMPATH BANK PLC". cse.lk. Retrieved 20 May 2023.
  18. "LION BREWERY CEYLON PLC". cse.lk. Retrieved 20 May 2023.
  19. "HATTON NATIONAL BANK PLC". cse.lk. Retrieved 20 May 2023.
  20. "CARSON CUMBERBATCH PLC". cse.lk. Retrieved 20 May 2023.
  21. "HAYLEYS PLC". cse.lk. Retrieved 20 May 2023.
  22. "AITKEN SPENCE PLC". cse.lk. Retrieved 20 May 2023.
  23. "CEYLINCO INSURANCE PLC". cse.lk. Retrieved 20 May 2023.
  24. "BUKIT DARAH PLC". cse.lk. Retrieved 20 May 2023.
  25. "HEMAS HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  26. "VALLIBEL ONE PLC". cse.lk. Retrieved 20 May 2023.
  27. "C T HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  28. "CEYLON COLD STORES PLC". cse.lk. Retrieved 20 May 2023.
  29. "RICHARD PIERIS AND COMPANY PLC". cse.lk. Retrieved 20 May 2023.
  30. "ROYAL CERAMICS LANKA PLC". cse.lk. Retrieved 20 May 2023.
  31. "L B FINANCE PLC". cse.lk. Retrieved 20 May 2023.
  32. "SOFTLOGIC LIFE INSURANCE PLC". cse.lk. Retrieved 20 May 2023.
  33. "SENKADAGALA FINANCE COMPANY PLC". cse.lk. Retrieved 20 May 2023.
  34. "ASIRI HOSPITAL HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  35. "JOHN KEELLS HOTELS PLC". cse.lk. Retrieved 20 May 2023.
  36. "CEYLON BEVERAGE HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  37. "HUNAS HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  38. "WINDFORCE PLC". cse.lk. Retrieved 20 May 2023.
  39. "THE LANKA HOSPITALS CORPORATION PLC". cse.lk. Retrieved 20 May 2023.
  40. "TEEJAY LANKA PLC". cse.lk. Retrieved 20 May 2023.
  41. "BROWN & COMPANY PLC". cse.lk. Retrieved 20 May 2023.
  42. "DILMAH CEYLON TEA COMPANY PLC". cse.lk. Retrieved 20 May 2023.
  43. "SUNSHINE HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  44. "CHEVRON LUBRICANTS LANKA PLC". cse.lk. Retrieved 20 May 2023.
  45. "AITKEN SPENCE HOTEL HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  46. "PGP GLASS CEYLON PLC". cse.lk. Retrieved 20 May 2023.
  47. "UNION ASSURANCE PLC". cse.lk. Retrieved 20 May 2023.
  48. "C I C HOLDINGS PLC". cse.lk. Retrieved 20 May 2023.
  49. "OVERSEAS REALTY (CEYLON) PLC". cse.lk. Retrieved 20 May 2023.
  50. "NATIONS TRUST BANK PLC". cse.lk. Retrieved 20 May 2023.
  51. "NATIONAL DEVELOPMENT BANK PLC". cse.lk. Retrieved 20 May 2023.
  52. "DFCC BANK PLC". cse.lk. Retrieved 20 May 2023.
  53. "HAYCARB PLC". cse.lk. Retrieved 20 May 2023.