Sri Lankan Potentially Undervalued Companies

Hatton Plantations

Market Cap: LK₨6.6b

Hatton Plantations PLC cultivates, manufactures, and sells tea in Sri Lanka.

Three Acre Farms

Market Cap: LK₨6.9b

Engages in breeding, hatching, and selling commercial day old chicks in Sri Lanka.

R I L Property

Market Cap: LK₨12.4b

Develops and manages commercial office space in Sri Lanka.

Maskeliya Plantations

Market Cap: LK₨4.1b

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

Balangoda Plantations

Market Cap: LK₨3.2b

Engages in the cultivation and processing of tea, rubber, forestry products, and other crops in Sri Lanka.

Lanka Ceramic

Market Cap: LK₨840.0m

Engages in mining, processing, and selling raw materials and related products primarily for the ceramic industry in Sri Lanka.

Prime Lands Residencies

Market Cap: LK₨10.8b

Engages in purchasing land and constructing residential apartment complexes in Sri Lanka.

Bukit Darah

Market Cap: LK₨71.4b

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.

Ceylon Grain Elevators

Market Cap: LK₨11.0b

Engages in the integrated poultry business in Sri Lanka.

Udapussellawa Plantations

Market Cap: LK₨2.4b

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

Ex-pack Corrugated Cartons

Market Cap: LK₨4.7b

Manufactures and sells printed corrugated cartons in Sri Lanka, Rest of South Asia, and internationally.

ACL Plastics

Market Cap: LK₨2.6b

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

Equity Two

Market Cap: LK₨1.2b

Engages in the letting of office premises for commercial purposes in Sri Lanka.

Convenience Foods (Lanka)

Market Cap: LK₨3.5b

Manufactures and markets textured vegetable protein and other food products in Sri Lanka.

Sathosa Motors

Market Cap: LK₨2.4b

Imports and distributes Isuzu new vehicles, marine engines, and spare parts in Sri Lanka.

Bogawantalawa Tea Estates

Market Cap: LK₨4.5b

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

Carson Cumberbatch

Market Cap: LK₨89.4b

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.

Talawakelle Tea Estates

Market Cap: LK₨6.4b

Talawakelle Tea Estates PLC, together with its subsidiaries, cultivates, manufactures, and sells tea, rubber, and cinnamon in Sri Lanka.

Lighthouse Hotel

Market Cap: LK₨2.7b

Owns and operates Jetwing Lighthouse and Jetwing Kurulubedda hotels that offers accommodation for leisure travelers in Sri Lanka.

Vallibel Power Erathna

Market Cap: LK₨10.1b

Engages in the generation and supply of hydroelectric energy to the Ceylon Electricity Board in Sri Lanka.

Royal Palms Beach Hotels

Market Cap: LK₨1.7b

Engages in the hoteliering business.

Singhe Hospitals

Market Cap: LK₨1.2b

Operates as a multispecialty secondary care private hospital in Sri Lanka.

Madulsima Plantations

Market Cap: LK₨2.1b

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

PGP Glass Ceylon

Market Cap: LK₨33.2b

Engages in the manufacturing and sale of glass bottles in Sri Lanka, India, the United States, and internationally.

Hayleys Fabric

Market Cap: LK₨19.9b

Manufactures and sells knitted fabrics in Sri Lanka.

Aitken Spence

Market Cap: LK₨52.5b

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

John Keells

Market Cap: LK₨4.5b

Primarily engages in the commodity broking businesses in Sri Lanka.

Ceylon Tea Brokers

Market Cap: LK₨1.2b

Engages in the tea brokering, warehousing, and financing businesses in Sri Lanka.

Raigam Wayamba Salterns

Market Cap: LK₨2.2b

Manufactures, refines, packages, and markets salt and salt based value added products in Sri Lanka.