SrI Lanka Ayurvedic Drugs Corporation

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Type
State Owned Enterprise
Industry
Health

The SL Ayurvedic Drugs Corporation is the pioneer of manufacturing and marketing of Ayurvedic Drugs to the government hospitals, Ayurvedic physicians and private sector. Its operations include Production and Quality Control. Production includes producing/importing, selling and distributing Ayurvedic drugs, researching Ayurvedic drugs, raring bees and cattle for Ayurvedic drugs. Quality control involves development of specifications for standardisation of raw materials, extracts and finished products. The SL Ayurvedic Drugs Corporation was incorporated in 1969. Its Headquarters are based in Maharagama, Sri Lanka.

ROA
4.1
Governance
29.2
Profits/Losses
LKR 9,000

Governance Indicators

A systematic measure of how well this SOE is managed.

2016

Year of the most recent Annual Report available online

1

Have Annual Reports for the last five years been tabled in Parliament?

1

Does the Annual Report include the mandatory provisions set out in the PED guidelines?

2

Is the Audit Clean / Qualified / Disclaimer?

0

Is the information pertaining to the RTI officer available on the website?

0

Does the SOE respond to an RTI within the timeframe specified in the Act?

1

Does the SOE have a website?

1

Does the SOE website contain sufficient organtisational details?

1

Does the SOE website contain tender and procurement details?

Annual Report
Auditing Standards
Rights to Information
Accessibility of Information

Interpretation of the indicators

Good
2
Average
1
Bad
0

Financials

Available Financial data for the last few years.

Year Turnover (LKR) Total Assets Profit/Loss Total Debt Total Liabilities Total Equity Operational Profits ROA
2020
676,000
Data Not Available 9,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2019
706,000
Data Not Available 3,000 Data Not Available Data Not Available Data Not Available Data Not Available
Data Not Available
2018
676,000
Data Not Available 33,000 Data Not Available Data Not Available Data Not Available
33,000
Data Not Available
2017
584,000
1,761,000
56,000
46,000
175,000
1,223,000
Data Not Available
4.2
2016
556,363
907,720
23,887
96,321
164,921
742,799
53,090
2.7
2015
519,887
838,278
41,058
99,172
170,611
667,667
66,313
5.2

Download our datasets

Access Advocata Institute's Datasets on State Owned Enterprises