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Elpitiya Plantations Plc (Sri Lanka)

Main Activities: Crop Production | Other Food Manufacturing
Full name: Elpitiya Plantations Plc Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Elpitiya Plantations Plc (EPP) is a profitable Regional Plantation Company (RPC) located in Colombo, Sri Lanka. The company cultivates tea, rubber, oil palm, and other crops across 13 estates spanning 8,800 hectares. EPP underwent a transformation from a commodity-based business model to a more strategic venture in non-traditional crops, renewable energy, specialty tea, and others after privatization in 1997. Despite facing financial challenges and being ranked 22nd out of 23 plantation companies, EPP was acquired by Aitken Spence Plantation Managements Limited (ASPM) in a bid to stabilize the company. ASPM made significant investments in diversification, factory development, digitalization, and sustainability to ensure the future success and social sustainability of EPP. The company aims to be the number one plantation company in Sri Lanka.

Headquarters
No. 305, Vauxhall Street
Colombo; Western Province; Postal Code: 02

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Website: http://www.elpitiya.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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Chief Executive Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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61.64%
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21.43%
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0.88%
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0.69%
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0.43%
Subsidiaries
Escape Parks Ceylon (Pvt) Ltd
100%
Epp Hydro Power Company (Pvt) Ltd
Water Villas (Pvt) Ltd.
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net sales revenue
-0.89%
Total operating revenue
-0.95%
Operating profit (EBIT)
38.88%
EBITDA
38.88%
Net Profit (Loss) for the Period
5.24%
Total assets
16.06%
Total equity
14.21%
Operating Profit Margin (ROS)
7.56%
Net Profit Margin
1.18%
Return on Equity (ROE)
-0.34%
Debt to Equity Ratio
4.52%
Quick Ratio
0.67%
Cash Ratio
-0.17%

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