Printcare

What Printcare does

Printcare is a printing and packaging solutions provider headquartered in Kelaniya, Sri Lanka. Founded in 1980 and publicly listed on the Colombo Stock Exchange under ticker CARE.N0000, the company operates in the manufacturing/processing sector with a workforce of 501–1,000 employees. Its business is described in firmographic terms as offering printing and packaging solutions, though the input data provides no further detail on specific product lines, end-market segments served, or technical capabilities underlying its offering. The company's website (printcare.lk) returned only a verification placeholder during data collection, and no information on certifications, proprietary technology, or product roadmap is documented.

Financially, Printcare's reported revenue has trended at approximately LKR 41–43 billion annually from 2023 through 2026, after a step-up from LKR 25.9B in 2022. However, profitability has deteriorated sharply: gross profit contracted from LKR 12.6B (2023) to LKR 6.9B (2026), EBITDA fell from LKR 7.8B to LKR 0.75B, and net income swung from a LKR 4.6B profit in 2023 to a LKR 3.96B loss by 2026. The combination of mid-single-digit revenue decline, contracting gross margins, and negative operating income indicates significant operational pressure. Limited information is available on the company's revenue mechanics, pricing model, customer mix, or geographic scope beyond its Sri Lankan base.

Governance information is sparse in the supplied data — only K. Ravindran is identified as Founder, with no current management team, board, or strategic initiatives disclosed. No funding rounds, M&A activity, partnerships, product launches, or geographic expansions were documented, leaving the strategic direction of the business unclear from the available evidence.

Name

Printcare

Website

https://printcare.lk

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Printcare is a publicly listed Sri Lankan printing and packaging solutions provider, founded in 1980 and headquartered in Kelaniya, serving domestic markets with 501–1,000 employees.

Ownership category

akta.pro rank

Product category

Commercial Printing & Packaging

NAICS

Printing and Related Support Activities (323), Commercial Printing (except Screen and Books) (323111), Corrugated and Solid Fiber Box Manufacturing (322211)

SIC

Commercial Printing (2750), Paperboard Containers & Boxes (2650)

akta.pro primary industry

Flexible Packaging Printing (Film/Poly/Paper Print) (IMALAKAG)

akta.pro secondary industries

Digital Printing (Short-Run, Variable Data) (MPAJALAC), Corrugated & Case Printing (Preprint/Postprint) (IMALAKAI), Finishing & Post-Press Services (Cutting, Folding, Collating, Laminating, Foil, Emboss) (MPAJALAF)

Keywords

• Commercial printing services
• Packaging solutions
• Print manufacturing
• Labels and packaging
• Print finishing services

Headquarters

HQ city

Kelaniya

HQ country

Sri Lanka

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Core offering

Printcare is a printing and packaging solutions company that manufactures and supplies commercial printed materials and packaging products to business customers. Operating from Kelaniya, Sri Lanka with 501-1000 employees since its founding in 1980, the company produces physical print and packaging outputs for its B2B client base.

Differentiator

Problem solved

Functional benefit

Products and services

• Printing and packaging solutions Commercial printing and packaging solutions for business customers, including the production of printed materials and packaged goods. Operated by Printcare from Kelaniya, Sri Lanka since 1980.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Broad incumbents

• CCL Industries: Canada-based global leader in specialty labels and packaging. Overlaps with Printcare in printed labels and consumer packaging, but at a much larger scale and broader geographic footprint.
• Graphic Packaging: US-based paperboard packaging manufacturer serving food, beverage, and consumer goods. Similar converting-and-printing model to Printcare's packaging operations, though far larger and US-focused.
• Huhtamäki: Finland-based global flexible and food packaging manufacturer. Comparable to Printcare in flexible packaging printing and converting, but operates at materially larger scale across multiple continents.
• Sonoco Products: US-based global packaging conglomerate with strong paperboard, corrugated, and consumer packaging exposure. Comparable end markets and substrate focus to Printcare, at substantially greater scale.
• AptarGroup: US-based global supplier of dispensing systems and packaging components. Adjacent to Printcare in consumer packaging end markets, with overlap on printing and finishing for premium packaging formats.

Direct peers

• Pragati Offset: Indian commercial printing and packaging group producing labels, cartons, and commercial print. Closely comparable to Printcare in product mix, scale, and South Asian operating geography.
• Constantia Flexibles: Austria-headquartered flexible packaging converter serving FMCG and pharma. Closely comparable to Printcare's flexible packaging printing operations, with similar substrate and end-market exposure.
• Multi-Color Corporation: Global pressure-sensitive label converter serving FMCG, wine, and personal care. Direct overlap with Printcare in label and consumer packaging printing, with comparable technology and customer profile.
• TCPL Packaging: Indian printed packaging company producing folding cartons, labels, and rigid boxes. Directly comparable to Printcare in product mix, customer base (FMCG/consumer), and South Asian regional focus.

Regional players

• Hemas Holdings: Sri Lankan conglomerate with consumer products, healthcare, and mobility businesses. A regional, Sri Lanka-domiciled peer for benchmarking macroeconomic exposure, even though its packaging exposure is limited and primarily internal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/printcare-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Printcare