Sri Lankan Potentially Undervalued Companies

Abans Electricals

Market Cap: LK₨2.3b

Engages in the manufacturing and assembling of household electrical and electronic appliances in Sri Lanka.

Kahawatte Plantations

Market Cap: LK₨2.1b

Kahawatte Plantations PLC cultivates, manufactures, markets, and sells tea, rubber, cinnamon, forestry products, and other crops in Sri Lanka.

ACL Plastics

Market Cap: LK₨3.1b

Manufactures, deals in, and markets cable grade PVC compounds in Sri Lanka.

Bukit Darah

Market Cap: LK₨77.9b

Engages in the oil palm plantation, oils and fats, beverage, portfolio and asset management, real estate, leisure, and management businesses in Sri Lanka, Malaysia, Indonesia, India, Mauritius, and Singapore.

Udapussellawa Plantations

Market Cap: LK₨2.5b

Engages in the cultivation, manufacturing, marketing, sale of tea, rubber, coconut, and forestry products in Sri Lanka and internationally.

Equity Two

Market Cap: LK₨1.5b

Equity Two PLC is involved in the letting of office premises for commercial purposes in Sri Lanka.

Lanka Hospitals

Market Cap: LK₨18.3b

Provides healthcare services in Sri Lanka.

Dialog Axiata

Market Cap: LK₨175.7b

Provides communication and telecommunication infrastructure services to individuals and corporates in Sri Lanka.

Carson Cumberbatch

Market Cap: LK₨92.5b

Engages in the oil palm plantations, oils and fats, beverages, portfolio and asset management, real estate, and leisure business in Sri Lanka, Malaysia, Indonesia, Singapore, Mauritius, and India.

Millennium Housing Developers

Market Cap: LK₨1.0b

Engages in the urban and township development business in Sri Lanka.

Softlogic Holdings

Market Cap: LK₨10.2b

Through its subsidiaries, engages in the retail and telecommunications, information technology, healthcare services, financial services, automobile, leisure, and property businesses in Sri Lanka and internationally.

Namunukula Plantations

Market Cap: LK₨9.5b

Engages in the cultivation, processing, manufacture, and sale of black tea, rubber, coconut, oil palm, cinnamon, and other crops in Sri Lanka.

John Keells Hotels

Market Cap: LK₨29.9b

Through its subsidiaries, engages in the hoteliering business in Sri Lanka, rest of Asia, Europe, and internationally.

Maskeliya Plantations

Market Cap: LK₨4.6b

Engages in the cultivation, manufacture, and sale of black tea in Sri Lanka.

Jetwing Symphony

Market Cap: LK₨7.2b

An investment holding company, owns and operates hotel properties in Sri Lanka.

Kotagala Plantations

Market Cap: LK₨3.0b

Engages in the cultivation, manufacture, and sale of tea and rubber in Sri Lanka.

PGP Glass Ceylon

Market Cap: LK₨52.0b

Manufactures and sells glass bottles in Sri Lanka, India, the United States, and internationally.

Melstacorp

Market Cap: LK₨176.3b

Operates as a diversified conglomerate company in Sri Lanka, Maldives, and internationally.

Vidullanka

Market Cap: LK₨14.3b

Engages renewable energy power generation business in Sri Lanka and Uganda.

Lanka Aluminium Industries

Market Cap: LK₨3.1b

Manufactures and sells aluminium extrusions in Sri Lanka.

Bogawantalawa Tea Estates

Market Cap: LK₨5.7b

Engages in the cultivation, manufacture, and sale of tea, rubber, palm oil, and forestry products in Sri Lanka.

Vidullanka

Market Cap: LK₨14.3b

Engages renewable energy power generation business in Sri Lanka and Uganda.

Kegalle Plantations

Market Cap: LK₨3.3b

Engages in the cultivation, processing, manufacture, and sale of rubber, black tea, coconut, and agricultural products in Sri Lanka.

Ambeon Capital

Market Cap: LK₨24.0b

An investment holding company, engages in porcelain, property, information technology (IT), finance, and footwear businesses in Sri Lanka and internationally.

Lanka Realty Investments

Market Cap: LK₨4.7b

Engages in property development, manufacturing, and tourism and leisure businesses in Sri Lanka.