Distilleries Company of Sri Lanka PLC
Posted on the September 10th, 2012 under Analysts View by Taprobane Securities 
| Tweet |
Company Profile
DCSL Group lead by its flagship Distilleries Company of Sri Lanka PLC, manages one of the nation’s most successful diversified blue chip portfolios spanning beverages, telecommunications, plantations, hotels textiles, financial services, creative and media services and logistic services.
The DCSL Group is among the top 5 corporate conglomerates in Sri Lanka. The Distilleries Company of Sri Lanka PLC (DCSL) is a company that can reference a history that is close to a century.
The Company has grown beyond recognition since 1992. It has invested heavily and thoughtfully in several key sectors of the economy which are far removed from that of distillation, manufacturing and distribution of liquor.
DCSL has now been recognized as one of Sri Lanka’s blue chip corporate entities. As undisputed leaders in the local spirits industry, the Company enjoys approximately 75% market share. Their operations have been upgraded by investing in state-of-the-art fully automated bottling plants and pot and patent distillation units located in four strategic regions in Seeduwa, Kandy, Kalutara and Badulla and an island wide distribution network consisting of a large fleet of vehicles coupled with warehouse facilities. The flagship products of the Company are Extra Special Arrack and varieties of Coconut Arrack, all part of an exclusive portfolio of coconut based products made available at licensed restaurants, premium supermarket chains, clubs and hospitality industry.
The Company is also the exclusive agent for world renowned foreign liquor brands of the prestigious Group Pernod Ricard, France such as Royal Salute, Chivas Regal, The Glenlivet, Ballantines whiskies, Martell Cognac, Absolut Vodka, Beefeater Gin, Havana Club Rum, Jacob’s Creek, Long Mountain, Montana wines and G.H. Mumm and Perrier Jouet champagnes.
The beverage arm of the Group which is the core business contributed a significant proportion of the total Group’s turnover. Although it comprises a small percentage of their current revenue the diversified portfolio of businesses has been making steady gains. DCSL products continue to dominate the market in the locally manufactured spirit market.
Download the full report (PDF, 560KB)
