Hayleys

What Hayleys does

Hayleys PLC is a Colombo-headquartered, publicly listed Sri Lankan conglomerate (Colombo Stock Exchange: HAYL) with a 148-year operating heritage, recognised as Sri Lanka's number-one corporate by revenue on the LMD 100 for the tenth time. The Group operates more than 17 business sectors through wholly owned subsidiaries including Hayleys Advantis (transportation and logistics), Hayleys Fabric PLC (textiles), Alumex PLC (aluminium extrusions), Haycarb (activated carbon purification), Hayleys Hand Protection (latex gloves), Mabroc Teas (tea exports), Kelani Valley Plantations (KVPL), Hayleys Fentons (engineering) and Hayleys Solar, alongside newer consumer-facing units in supermarkets and mobility. Revenue is generated from a mix of B2B manufacturing/exports (gloves supplying 5% of global demand, 16% global share in coconut-shell activated carbon, the largest fabric mills in Sri Lanka, leading aluminium extrusions, and Ceylon tea exports), services (logistics, BPO, engineering, renewable-energy installation), and B2C channels (consumer durables retail, planned 100-outlet supermarket chain, leisure hospitality, plantation consumer products).

The technical backbone spans industrial process technology for latex dipping, activated-carbon processing, aluminium extrusion, and textile manufacturing; renewable-energy engineering through Hayleys Solar (which has installed 25% of Sri Lanka's rooftop solar) and the 50MW Mannar Wind Power Project delivered with Envision Energy turbines via HayWind One Limited; and a digital layer including the TeaTrace end-to-end traceability platform (QR-coded batch data from estate to shelf, developed with ITechro). All energy and emissions work is coordinated under the Hayleys Lifecode ESG framework, with the Group sourcing roughly 70% of energy needs from renewables and Hayleys Fabric being the first Sri Lankan textile manufacturer to join the SBTi.

Commercially, Hayleys runs a horizontal-segment conglomerate model: roughly 53% of FY 2024/25 revenue (USD 685 million) came from exports across 80 countries, supplemented by domestic enterprise sales (fashion brands, industrial customers, logistics), government and large-institutional projects (e.g., 800kW LSEG solar installation), and direct-to-consumer retail through brand outlets and the planned supermarket network. Recent capital actions—LKR 9bn oversubscribed Rights Issue (April 2026) and Rs. 7bn AAA(lka)-rated debenture issue (February 2026)—plus a mandatory offer for Harischandra Mills PLC (October 2025) signal active capital deployment toward further M&A and the wind/solar capex pipeline, with overall revenue reaching a record LKR 585.02 Bn (USD 1.92 Bn) in FY 2025/26.

Name

Hayleys

Legal name

Hayleys PLC

Website

https://hayleys.com

Company type

Public

Founded year

1876

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hayleys PLC is Sri Lanka's largest and most diversified conglomerate (Colombo Stock Exchange: HAYL), operating 17 business sectors—from textiles, latex gloves, and activated carbon to plantations, logistics, and renewable energy—exporting to 80 countries and serving global industrial, enterprise, and consumer customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Hand Protection: Manufacturing and exporting latex-based household and industrial gloves, supplying 5% of global demand.
2. Purification: Activated carbon-based purification solutions with 16% global market share in coconut shell-based activated carbon.
3. Textiles: Supplying global fashion brands with innovative, sustainably-produced textiles. Operates largest fabric mills in Sri Lanka.
4. Consumer & Retail: Consumer durables manufacturing and retail, supermarket operations, enhancing lives with trusted world-class brands.
5. Tea Exports: Exporting authentic Ceylon tea and innovative tea experiences through Mabroc Teas.
6. Transportation & Logistics: Transportation and logistics solutions, leading provider in South Asia. Advantis provides integrated logistics services.
7. Power & Energy: Renewable energy solutions including solar installations (Hayleys Solar) and wind power projects (HayWind). Installed 25% of rooftop solar in Sri Lanka.
8. BPO: Business process outsourcing services enabling businesses to scale and reach new heights.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Hayleys is Sri Lanka's most diversified conglomerate manufacturing and exporting latex hand protection gloves (5% of global demand), activated carbon-based purification solutions (16% global market share in coconut shell-based activated carbon), textiles (operates the country's largest fabric mills), aluminium extrusion profiles, coir fibre products, plantation-derived tea and rubber, and processed agricultural produce. It also provides transportation and logistics services through Advantis, renewable energy installations (solar via Hayleys Solar and wind via HayWind), integrated engineering solutions through Hayleys Fentons, BPO services, consumer retail and supermarket operations, and hospitality/leisure services.

Product overview

Hayleys is Sri Lanka's most diversified conglomerate, operating across 17 diverse business sectors organized as distinct product lines. The portfolio spans manufacturing (hand protection/gloves, textiles, construction materials/aluminium, purification/activated carbon, coir products), agriculture (plantations, tea exports, processed foods), services (consumer & retail, leisure/hospitality, BPO, transportation & logistics/Advantis, investments & services), and energy (solar/Hayleys Solar, wind/HayWind, power & energy, engineering/Hayleys Fentons). Key subsidiary brands include Hayleys Solar (solar installations), Hayleys Fentons (engineering solutions), Alumex PLC (aluminium extrusions), Mabroc Teas (tea exports with TeaTrace digital platform), and Kelani Valley Plantations. The company serves global markets with products including gloves (5% global market share), activated carbon (16% global market share), and operates largest fabric mills and consumer durables operations in Sri Lanka.

Differentiator

Problem solved

Functional benefit

Brands

• Hayleys Fentons: Integrated engineering solutions provider offering electrical, mechanical and telecommunications engineering solutions
• Hayleys Solar
• Hayleys Fabric
• Hayleys Advantis
• Alumex
• Kelani Valley Plantations
• Mabroc Teas
• Hayleys Lifecode

Products and services

• Hand Protection Gloves High-performance, sustainable latex-based glove solutions for household and industrial applications; supplied globally and accounting for 5% of global demand.
• Activated Carbon Purification Solutions Coconut shell-based activated carbon purification products manufactured by Haycarb for water, air and industrial purification; holds 16% global market share.
• Textiles Innovative, sustainably-produced textiles supplied to global fashion brands; manufactured in Sri Lanka's largest fabric mills via Hayleys Fabric PLC.
• Aluminium Extrusion Profiles Aluminium extrusion profiles manufactured by Alumex PLC for construction and industrial applications; Sri Lanka's largest manufacturer and exporter.
• Agricultural Produce and Processed Foods Sri Lankan processed fruits, vegetables and home-grown agricultural produce exported globally via local farmer empowerment programs; largest processed fruit and vegetable exporter in the country.
• Plantation Tea and Rubber Tea and rubber produced from sustainable plantation cultivation via KVPL; contributes 4.6% of Sri Lanka's tea output and 3.9% of rubber output.
• Tea Exports (Mabroc Teas) Authentic Ceylon tea exports and innovative tea experiences delivered globally via Mabroc Teas (Pvt) Ltd.
• Consumer and Retail Brands World-class consumer brands, consumer durables manufacturing, retail outlets and supermarket operations in Sri Lanka.
• Leisure and Hospitality Hospitality and leisure services for Sri Lanka tourism delivered through hotel and resort properties.
• Transportation and Logistics (Advantis) Integrated transportation and logistics solutions delivered across South Asia via Hayleys Advantis Limited.
• Hayleys Solar Solutions Rooftop and utility-scale solar installation services delivered by Hayleys Solar; Sri Lanka's No. 1 solar solutions provider with 25% of national rooftop solar share.
• 50MW Mannar Wind Power Project (HayWind) Utility-scale 50MW wind power generation project developed by HayWind One Limited (a subsidiary of Hayleys PLC) featuring 10 EN-156/5.0MW turbines for an expected 207 million kWh of annual output.
• Integrated Engineering Solutions (Hayleys Fentons) Electrical, mechanical, telecommunications engineering, project engineering, construction, fabrication, interiors and renewable energy engineering delivered by Hayleys Fentons Limited.
• Business Process Outsourcing (BPO) Services Business process outsourcing services enabling enterprises to scale operations and reach new heights.
• TeaTrace Digital Traceability Platform Data-driven digital traceability platform providing end-to-end visibility from tea estate to retail shelf via QR codes linking to batch-specific information including estate profiles, production dates, processing steps and certifications.
• Eco Solutions (Coir Fibre Products) Sustainable coir fibre products manufactured for diverse industrial and consumer applications via Hayleys Eco Solutions.
• Investments and Services Strategic investments and corporate support services functioning as the Group's centre of excellence across its 16 business sectors.

Quantifiable outcome

• Revenue grew 16% YoY to Rs. 421.40 billion in 9 months FY 2025/26
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Manusath DeranaminorStrategic or Co-development Partner · 1 May 2026Hayleys Solar partnered with Manusath Derana to install an 80kW AC solar power system at Mihintale Rajamaha Viharaya in Anuradhapura. Project initiated through donor efforts supporting the temple's energy requirements with sustainable solution.
• SPJ CreationminorStrategic or Co-development Partner · 12 March 2026Partnership between Kelani Valley Plantations PLC (KVPL) and SPJ Creation to transform electronic waste into sustainable jewelry and creative value-added products. MOU signed to formalize collaboration on circular economy practices and low-carbon innovation, converting e-waste into commercially viable eco-friendly products.
• Sarens Heavy Lift India Pvt LtdcoreStrategic or Co-development Partner · 27 February 2026Strategic joint venture between Advantis (transportation & logistics arm of Hayleys) and Sarens (Belgium-based global leader in crane rental and engineered heavy lifting) to collaborate on heavy lift crane supply and specialized lifting solutions in Sri Lanka and the wider region. First project is the 50MW Haywind wind power development, managing transport and erection of wind turbine generators from Port of Trincomalee to Mannar site.
• Envision EnergycoreTechnology or Integration · 11 February 2026Envision Energy is supplying 10 EN-156/5.0MW wind turbines totaling 50MW capacity for the 50MW Mannar Wind Power Project developed by HayWind One Limited (a subsidiary of Hayleys PLC). The project is expected to generate approximately 207 million kWh annually with commissioning targeted for March 2027.

Scale indicators18 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Aitken Spence PLC: Conglomerate with overlapping tourism/leisure, transportation/logistics, and plantations exposure. Comparable as a Sri Lankan multi-sector holding with international footprint.
• John Keells Holdings PLC: Sri Lanka's other flagship diversified conglomerate operating across transportation, leisure, consumer foods, and financial services. Most directly comparable peer: similar conglomerate structure, listed on the CSE, and competing for capital and market leadership in Sri Lanka.
• Ansell Limited: Global leader in hand protection (latex/nitrile gloves) for industrial and healthcare use. Hayleys Hand Protection's 5% global glove demand share positions it directly against Ansell in industrial and household glove markets.
• Calgon Carbon Corporation: Major global activated carbon producer competing with Haycarb in coconut shell-based activated carbon. Direct competitor given Hayleys' 16% global market share in this segment.
• MAS Holdings: Sri Lankan apparel and textile manufacturer serving global fashion brands. Directly comparable in textile manufacturing scale, ESG positioning, and global fashion brand customer base.
• Brandix Lanka Limited: Largest apparel/textile manufacturer in Sri Lanka and a key global apparel supplier. Direct competitor to Hayleys Fabric PLC in the textile/man-made fiber fabric mill category.
• Lanka ORIX Leasing Company (LOLC Group): Large Sri Lankan diversified group spanning financial services, leisure, plantations, manufacturing, and renewable energy. Comparable to Hayleys in scale and the breadth of operating sectors, including plantation and renewable energy overlap.

Regional players

• WindForce PLC: Sri Lanka's leading independent wind power operator. Comparable as a regional renewable energy developer with overlapping wind power project pipeline and exposure to Sri Lankan energy policy.
• Hemas Holdings PLC: Sri Lankan conglomerate focused on consumer brands, healthcare, personal care, and logistics. Overlap with Hayleys' consumer & retail, transportation & logistics, and manufacturing arms makes it a strong regional comparable.

Broad incumbents

• ITC Limited: Indian diversified conglomerate spanning FMCG, hotels, paperboards, packaging, and agribusiness. Comparable as a much larger incumbent multi-sector conglomerate with strong ESG framing and overseas brand-building playbook; useful benchmark for Hayleys' diversification model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCA0FI2E9FCZH_efyAF5-JKg
• Facebookfacebook.com/hayleysgroup
• LinkedInlinkedin.com/company/hayleys-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries11 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 Hayleys