Sri Lankan Low Leverage High Rewards

Softlogic Life Insurance

Market Cap: LK₨22.6b

Provides life insurance products to individual and corporate customers in Sri Lanka.

Commercial Development

Market Cap: LK₨2.1b

Provides property development and related ancillary services in Sri Lanka.

Lotus Hydro Power

Market Cap: LK₨1.4b

Owns, builds, operates, and maintains power generating facilities in Sri Lanka.

Union Chemicals Lanka

Market Cap: LK₨1.2b

Manufactures and markets a range of polyvinyl/acrylic emulsions for paint and textile industries, and industrial and domestic use as adhesives in Sri Lanka.

Lanka Ceramic

Market Cap: LK₨1.0b

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

Union Assurance

Market Cap: LK₨38.0b

Provides life insurance solutions to individual and corporate customers in Sri Lanka.

ACL Plastics

Market Cap: LK₨2.9b

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

PGP Glass Ceylon

Market Cap: LK₨48.7b

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

Equity Two

Market Cap: LK₨1.4b

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

People's Leasing & Finance

Market Cap: LK₨45.9b

A non-bank financial institution, provides finance leases, term loans, Islamic finance, margin trading, share trading, debt instruments issuing, factoring, gold loans, and public deposits mobilization services.

Vallibel Power Erathna

Market Cap: LK₨10.2b

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

Lighthouse Hotel

Market Cap: LK₨3.1b

Owns and operates Jetwing Lighthouse and Jetwing Kurulubedda for leisure travellers in Sri Lanka.

Abans Electricals

Market Cap: LK₨2.1b

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

Kelani Tyres

Market Cap: LK₨6.9b

Imports and sells tyres in Sri Lanka.

Namunukula Plantations

Market Cap: LK₨9.4b

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

Chevron Lubricants Lanka

Market Cap: LK₨39.4b

Manufactures, blends, imports, distributes, and markets lubricants, greases, brake fluids, and specialty products for industrial, commercial, and consumer applications in Sri Lanka.

Seylan Developments

Market Cap: LK₨4.1b

Develops, administers, manages, and maintains real estate properties in Sri Lanka.

Ceylon Hospitals

Market Cap: LK₨5.7b

Provides healthcare services under the Durdans brand in Sri Lanka.

Maskeliya Plantations

Market Cap: LK₨4.5b

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

Hemas Holdings

Market Cap: LK₨90.2b

Through its subsidiaries, operates in consumer, healthcare, and mobility sectors in Sri Lanka and Asia.

Elpitiya Plantations

Market Cap: LK₨9.7b

Together with subsidiaries, cultivates, manufactures, and sells black tea, rubber, palm oil, and other crops in Sri Lanka.

HNB Assurance

Market Cap: LK₨13.1b

Provides life and general insurance solutions for individual and corporate customers in Sri Lanka.

Dipped Products

Market Cap: LK₨36.0b

Manufactures and markets industrial and general purpose rubber gloves in Sri Lanka, Asia, Africa, the Middle East, Australia, New Zealand, Europe, North America, and South America.

Ceylon Grain Elevators

Market Cap: LK₨17.2b

Engages in the feed milling, broiler farming, and processing and distribution of chicken business in Sri Lanka.

Distilleries Company of Sri Lanka

Market Cap: LK₨204.2b

Engages in the distillation, manufacture, and distribution of liquor products in Sri Lanka.

Lankem Developments

Market Cap: LK₨2.8b

An investment holding company, cultivates, manufactures, processes, and sells black tea in Sri Lanka.

Tokyo Cement Company (Lanka)

Market Cap: LK₨31.6b

Manufactures and sells ready mixed concrete, and other value-added products in Sri Lanka.

Ramboda Falls

Market Cap: LK₨780.0m

Engages in hoteliering and leisure related activities in Sri Lanka.

Vidullanka

Market Cap: LK₨13.5b

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

On'ally Holdings

Market Cap: LK₨2.9b

Engages in the real estate property development activities in Sri Lanka.

Melstacorp

Market Cap: LK₨170.1b

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

Lion Brewery (Ceylon)

Market Cap: LK₨118.4b

Lion Brewery (Ceylon) PLC, together with its subsidiaries, brews and markets beers under the Lion brand in Sri Lanka.

Talawakelle Tea Estates

Market Cap: LK₨6.8b

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

Kegalle Plantations

Market Cap: LK₨3.4b

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

Lanka Aluminium Industries

Market Cap: LK₨2.9b

Manufactures and sells aluminium extrusions in Sri Lanka.

Sunshine Holdings

Market Cap: LK₨52.0b

Engages in the healthcare, agribusiness, and consumer goods business in Sri Lanka, China, Japan, and internationally.