Horana Plantations PLC is an integrated plantation company engaged in the cultivation, manufacture and marketing of tea, rubber, oil palm and other ancillary crops across estates and operational units in Sri Lanka. Its operating model connects field-level cultivation with on‑estate processing, renewable energy initiatives and value‑added product streams.
The company’s business activities include diversified agricultural operations, estate and factory management, renewable energy integration and circular resource use, supported by digital and mechanisation initiatives. HPL supplies both domestic and export markets and reports programmes focused on sustainability and community development, including ecological restoration and livelihood, education and healthcare initiatives for estate communities.
Sustainability, operational resilience and community wellbeing are integrated into HPL’s strategy and reporting, with emphasis on climate resilience, resource efficiency and governance across its estate ecosystem.
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Hayleys PLC (via Hayleys Plantations) has partnered with UNDP BIOFIN to implement Payment for Ecosystem Services projects across its estates, covering Talawakelle Tea Estates, Horana Plantations and Kelani Valley Plantations. Projects include watershed conservation, biodiversity-restoration with tourism integration and a PES model evaluation.
First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.
Samara Perera was appointed as a Non-Executive Director of The Kingsbury PLC and Horana Plantations PLC. She has prior experience with Hayleys PLC and Vallibel One PLC.
First Interim dividend of LKR 1.7/share; XD 2024-10-09; record 2024-10-09; payable 2024-10-22; FY 2024/25
Tea & Plantation Crops
Plantations & Agriculture sector: what is happening
Last 30 days to Aug 4, 2026
Tea saw mixed signals: the June national sales average fell to Rs 1,153.49, while June production rose 4% YoY but first-half output was hit by extreme weather and higher fertiliser costs. Exporters gained relief as the US labour-related tariff on Sri Lankan goods was cut to 10%. Meanwhile, new EU sustainability rules are driving compliance efforts, and plantations report organised theft of high-value crops hurting competitiveness.