Distilleries Company of Sri Lanka PLC

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Distilleries Company of Sri Lanka PLC

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To date the company represents world-renowned brands such as Chivas Regal and Jameson Irish Whiskey in Sri Lanka.

Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalization of US$ 520 Million.[1] It was one of the first Sri Lankan companies to be listed in Forbes's Best Managed companies under a USD billion (outside USA).[2] The company has also been featured in business magazine Business Today as one of its Top 10 listed companies in Sri Lanka.[3]

In 1995, the company entered into a joint venture with Pernod Ricard of France, one of the top 5 liquor producers in the world, to incorporate Periceyl Limited to produce whiskeys, brandies, and other international liquor in Sri Lanka for the Sri Lankan market. Also in 1995 the company acquired the century old Beruwala Distillery Limited. In 1996, the company signalled its intention of diversifying into non liquor sectors and acquired tea and rubber plantations by purchasing significant stakes in Madulsima Plantations PLC and Balangoda Plantations PLC under the government's privatization program. In 1999 the company acquired a significant stake in highly diversified Aitken Spence & Company Limited which has interests in power generation, shipping and hotels in Sri Lanka, India, Oman and the Maldives. In 2003 the company acquired a 90% stake in Sri Lanka Insurance Corporation Limited when the Sri Lankan government sold the state owned insurer.[4] Sri Lanka Insurance Corporation is a composite insurer with life and non life insurance portfolios and over US$ 500 million in assets and assets under management. In June 2009, the Supreme Court of Sri Lanka determined that the privatization of Sri Lanka Insurance was flawed, annulled the privatization and ordered that its current owners return its shares in the company back to the treasury. However, its owners have been allowed to keep profits made by the insurer after privatization.[5]

In 2005, the company acquired a 99% stake in Lanka Bell Limited, a fixed line telecom operator in Sri Lanka.[6]

DCSL is currently the holding company of Lanka Bell Limited, Periceyl Private Limited, National Assets Management Limited, Balangoda Plantations PLC, Madulsima Plantations PLC, Texpro Industries Limited and associate company Aitken Spence & Company PLC. Deshamanya Harry Jayawardena is the Chairman of Distilleries Company of Sri Lanka PLC.

28/09/2026

The moment you decide to learn, nothing can stop you. Choose curiosity over excuses.

21/09/2026

When gratitude leads, ego follows less. We begin to see people not as obstacles or competition, but as fellow travelers deserving of our respect.

18/09/2026

17/09/2026

Founded in 1913 and privatised in 1992, DCSL PLC has grown into a diversified group spanning manufacturing, plantations, and logistics. Kasun Jayawardena of DCSL Group Marketing says disciplined governance and consistent quality control, not any single product, have carried the company through three decades of expansion and export growth.

Read more: https://echelon.lk/a-legacy-in-motion-inside-dcsl-plcs-century-of-continuous-reinvention/

An Echelon brand partnership with Distilleries Company of Sri Lanka PLC

Named Sri Lanka's Most Valuable Spirits Brand by Brand Finance, DCSL PLC is preparing for its next chapter

14/09/2026

Life's most beautiful moments rarely arrive on schedule. They show up when you loosen your grip on the plan and let curiosity lead the way.

10/09/2026

The annual DCSL Quiz Championship on August 29th 2026, brought intense competition as 15 dynamic teams raced against the clock for the coveted trophy.

In a sensational turn of events, last year’s runners-up - the team from the Production Plant at Kandy - claimed the ultimate victory! Right behind them, an ambitious new team – representing DCSL Breweries Lanka Ltd - stormed into the rankings to secure the First Runners-Up while our former champions – team HR of DCSL - put up a brave defense to secure Second Runners-Up.

To lighten the atmosphere after an intense trivia battle, our talented staff members took to the stage with a fantastic dance performance.

It was the perfect mix of friendly competition and pure entertainment, making it a wonderful staff gathering.
Congratulations to our winners and all participants!

07/09/2026

Every small saving counts. Keep an eye on the little expenses and the bigger goals take care of themselves.

Address

110, Norris Canal Road
Colombo
00100

Telephone

+94112695295

Website

http://www.dcslgroup.com/

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