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Watawala Plantations PLC

Sri Lankan plantation company operating primarily as a palm oil producer, described as the largest cultivator of oil palm in Sri Lanka, while also managing a dairy farm and other plantation crops.

Last updated September 15, 2026

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Overview

Watawala Plantations PLC is a Sri Lankan plantation company that primarily operates as a palm oil producer, described as the largest cultivator of oil palm in Sri Lanka, while managing a dairy farm and other plantation crops. It states it is the first RSPO (Roundtable on Sustainable Palm Oil) certified company in South Asia. Incorporated on 18 June 1992, it is a public company quoted on the Colombo Stock Exchange, with its registered office at 60, Dharmapala Mawatha, Colombo 03, Sri Lanka. Its history page describes a journey beginning in 1992 when the government of Sri Lanka decided to privatize the management of the then existing 22 Regional Plantation Companies, and a strategic joint venture between Watawala Plantations PLC and Tata Tea Ltd. of India.

History

Watawala Plantations PLC's history page states that its journey began in 1992 when the government of Sri Lanka decided to privatize the management of the then existing 22 Regional Plantation Companies, which consisted of tea, rubber, coconut and palm oil. This paved the path for a strategic joint venture between Watawala Plantations PLC and Tata Tea Ltd. of India. From 1992 up to 1996, Watawala Plantations was in the management custody of Lankem Plantations (Pvt) Ltd. In the latter part of 1996, Estates Management Services (Pvt) Ltd took on this role. The company's corporate profile states it was incorporated on 18 June 1992.

Products and positioning

Described as the largest cultivator of oil palm in Sri Lanka and the first RSPO-certified company in South Asia.

  • Palm oil

  • Tea

  • Rubber

  • Coconut

  • Dairy farm produce

Sources4 sources

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