Tokyo Cement Company

What Tokyo Cement Company does

Tokyo Cement Company (Lanka) PLC is a publicly listed Sri Lankan cement manufacturer (Colombo Stock Exchange: TKYO.N0000), headquartered in Colombo with its principal production facility in Trincomalee. Founded in 1957, the company produces cement, concrete, aggregates, and cement-based solutions for the domestic construction sector, with a workforce of 1,001-5,000 employees. Its product portfolio spans conventional cement alongside sustainable offerings such as Limestone Calcined Clay Cement (LC3), high-performance concrete, and net-zero construction materials, supported by biomass-powered electricity generation at the Trincomalee plant.

The company serves three core customer segments: government-funded infrastructure projects (roads, bridges, public buildings), the private construction sector (residential, commercial, industrial), and a nationwide retail dealer network of hardware stores and building-material outlets. Distribution is exclusively domestic, executed through a multi-tier dealer channel that the company reinforces via an annual Dealer Convention at Shangri-La Colombo recognizing 135+ top performers. Marketing is primarily event-driven, anchored by the Build Beyond 2026 Summit that brings international academic experts (IIT Delhi-Abu Dhabi, University of Melbourne) to Sri Lanka.

Tokyo Cement generates revenue through one-time sales of cement and concrete products. Q2 FY25/26 turnover was Rs. 16,322 million with a profit after tax of Rs. 1,003 million, reported against a backdrop of 4.8% Sri Lankan GDP growth in H1 2025 and rising construction demand. Strategic direction is set by Chairman Dr. Harsha Cabral PC and Managing Director Mr. S.R. Gnanam, with capacity expansion at Trincomalee and a pivot toward low-carbon cement and high-performance concrete as the principal recent strategic initiatives.

Name

Tokyo Cement Company

Legal name

Tokyo Cement Company (Lanka) PLC

Website

https://tokyocement.com

Company type

Public

Founded year

1957

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Tokyo Cement Company (Lanka) PLC is a publicly listed Sri Lankan cement manufacturer producing cement, concrete, aggregates, and low-carbon cement products, serving government infrastructure projects, private construction, and a nationwide dealer network from its Trincomalee factory and Colombo headquarters.

Ownership category

akta.pro rank

Product category

Cement Manufacturing

NAICS

Cement Manufacturing (327310)

SIC

Cement, Hydraulic (3241)

akta.pro primary industry

Cement Manufacturing (Portland, Blended & Specialty) (IMADAAAG)

akta.pro secondary industry

Ready-Mix Concrete Production & Delivery (IMADAAAA)

Keywords

• Cement manufacturing
• Ready-mix concrete
• Construction materials
• Low-carbon cement
• Building aggregates

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D

Revenue model

1. Cement Product Sales: Tokyo Cement generates revenue primarily through the manufacture and sale of cement products to the Sri Lankan construction market, serving government infrastructure projects, private construction companies, and individual consumers via its dealer network. Turnover for Q2 FY25/26 stood at Rs. 16,322 million with a profit after tax of Rs. 1,003 million.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Core offering

Tokyo Cement Company (Lanka) PLC manufactures and sells cement, concrete, aggregates, and cement-based solutions from its Trincomalee factory for the Sri Lankan construction market. Its portfolio includes conventional cement products as well as sustainable offerings such as Limestone Calcined Clay Cement (LC3) and high-performance concrete designed to reduce carbon emissions in construction applications. The company distributes its products through a nationwide dealer network across Sri Lanka, supplying government infrastructure projects, private construction companies, and individual consumers.

Product overview

Tokyo Cement Company (Lanka) PLC is a cement manufacturing company serving the Sri Lankan construction industry. The company operates a factory in Trincomalee and produces a portfolio of cement and construction material products including Low-Carbon Cement Technologies (such as Limestone Calcined Clay Cement/LC3), High-Performance Concrete, and Net-Zero Construction Materials. Tokyo Cement distributes its products through a nationwide dealer network and participates in government infrastructure projects and private construction initiatives across Sri Lanka.

Differentiator

Problem solved

Functional benefit

Products and services

• Low-Carbon Cement Technologies (LC3)

Quantifiable outcome

• Q2 FY25/26 turnover of Rs. 16,322 million and PAT of Rs. 1,003 million, demonstrating stable financial performance during a construction sector rebound.
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• IIT Delhi-Abu DhabicoreStrategic or Co-development Partner · 25 June 2026IIT Delhi-Abu Dhabi's Professor Shashank Bishnoi delivered a keynote address on low-carbon cement technologies including Limestone Calcined Clay Cement (LC3) at Tokyo Cement's Build Beyond 2026 Summit. This collaboration brings global academic expertise in sustainable cement technologies to the Sri Lankan construction industry.
• University of MelbournecoreStrategic or Co-development Partner · 25 June 2026Senior Professor Priyan Mendis from the University of Melbourne delivered a keynote address on net-zero construction materials and high-performance concrete applications at Tokyo Cement's Build Beyond 2026 Summit. This collaboration brings expertise in advanced concrete technologies to the Sri Lankan market.
• Embassy of Japan in Sri LankaminorOthers · 10 October 2025Japan's Ambassador to Sri Lanka, Akio Isomata, visited Tokyo Cement's Trincomalee factory to observe the company's expansion project and sustainable manufacturing practices, highlighting bilateral trade and investment relations between Japan and Sri Lanka's manufacturing sector.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• JSW Cement: India-based cement manufacturer with a growing footprint and focus on composite cements and sustainability. Comparable as an emerging South Asian peer investing in low-carbon cement technologies.

Broad incumbents

• CRH plc: Global building materials leader with cement, aggregates, and concrete operations across multiple continents. Comparable on integrated cement-concrete-aggregates business model and scale.
• Heidelberg Materials: One of the world's largest building materials companies, producing cement, aggregates, and ready-mix concrete. Comparable on product mix, scale of operations, and transition to low-carbon cement technologies.
• Boral Limited: Australia-based building materials and cement company. Comparable as a publicly listed integrated cement, concrete, and aggregates producer with a focus on sustainability and lower-carbon products.
• UltraTech Cement: India's largest cement manufacturer and a regional South Asian peer in scale, product portfolio, and ongoing sustainability investments. Comparable as a large emerging-market cement leader.
• Holcim Group: Global cement and aggregates major with historical presence in Sri Lanka. Comparable as a large-scale cement producer pushing low-carbon and sustainable concrete technologies worldwide.

Regional players

• Dalmia Bharat: Indian cement producer with a strong sustainability focus and low-carbon cement portfolio. Comparable as a South Asian regional player investing in green cement technologies.
• Lucky Cement: Pakistan's largest cement exporter with regional South Asian operations. Comparable on product mix (OPC, clinker, ready-mix) and export-oriented capacity positioning.
• Adani Group (Ambuja Cements / ACC): Major Indian cement producer under the Adani Group. Comparable as a South Asian regional cement peer with significant capacity, sustainability programs, and exposure to government infrastructure demand.

Direct peers

• Siam City Cement (INSEE Cement Sri Lanka): Operates as INSEE Cement in Sri Lanka, directly competing with Tokyo Cement in cement, ready-mix concrete, and aggregates. It is the principal multinational competitor in the Sri Lankan market with comparable product breadth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tokyo Cement Company