Company Overview

Jayananda Associates (Pvt) Ltd (JAPL) is a well-established company that has been operating since its incorporation in 1987. Initially focused on importing textiles, JAPL diversified its business to include the import of Motorcycle Spare Parts in 1992. Led by its Chairman and Managing Director, Mr. Gamage Jayananda, the company quickly gained recognition as a leading player in the market. Today, JAPL stands as a trusted importer and trendsetter in the industry, renowned for its innovative marketing strategies and commitment to the welfare of industry associates and mechanics.

History and Contributions

Jayananda Associates (Pvt) Ltd played a vital role in breaking the monopolistic market situation in the Motorcycle Spare Parts field. Through innovative marketing strategies, the company not only saved retailers in Sri Lanka from monopoly control but also uplifted their business standards. JAPL also made significant contributions to enhancing the engineering standards of Motorcycle Mechanics in Sri Lanka by organizing Mechanic Conventions across the country. Over the past three decades, JAPL's dedicated service has earned the company the trust and loyalty of its customers and industry partners.

Chairman's Message

At Jayananda Associates (Pvt) Ltd, we are dedicated to being a leader in the Motorcycle Spare Parts industry. Our commitment to quality, innovation, and customer satisfaction sets us apart. With a passionate team and a customer-centric approach, we strive to deliver the best products and services to our valued customers. We believe in building lasting relationships, embracing innovation, and contributing to the development of our community. Together, we will continue to set new benchmarks and drive the industry forward. Thank you for your trust and support.


Gamage Jayananda
Chairman,
Jayananda Associates

Market Position

With an island-wide dealer network of approximately 600 dealers, JAPL currently enjoys a substantial market share. The company achieves a monthly sales turnover of over 25 million Sri Lankan rupees, making it a prominent player in the industry. JAPL's success is a testament to its commitment to quality, customer satisfaction, and industry-leading business practices.

Legal and Financial Compliance

Jayananda Associates (Pvt) Ltd operates in strict compliance with the laws and regulations of the Democratic Socialist Republic of Sri Lanka. The company's financial operations are handled by a qualified and experienced accounting staff. JAPL maintains bank facilities to partly finance its business activities, with the remaining capital being sourced from personal investments made by the directors. The company ensures transparency and accountability by engaging in periodic accounting reporting to the Department of Inland Revenue for tax purpose.

Infrastructure

Situated at 16 Fraizer Avenue, Moratuwa, JAPL owns a four-story building on a land of 24 perches. This infrastructure serves as the company's headquarters and comprises spacious storage facilities to accommodate a wide range of Motorcycle Spare Parts imported mainly from China and India and Taiwan. Additionally, the building houses Jayananda Motors, a well-known Motor Cycle Spare Part Retail Shop that offers a diverse selection of parts from reputable brands. Within a 15-kilometer radius, Jayananda Motors is considered the best Motorcycle Spare Part Shop in the area, Also the company hopes to start importing and distributing three-wheeler spare parts in the year 2024.

Further Diversification

In addition to its core business, the JAPL building also features Blue Chilie (Pvt) Ltd, a high-quality Chinese and Indian restaurant. Mr. Jayananda serves as the Managing Director of Blue Chilie (Pvt) Ltd, showcasing the company's versatility in establishing successful ventures across different industries. JAPL and its associate companies are fully automated with state-of-the-art Information Technology facilities, ensuring efficient operations and enhanced customer experiences.

Additional Properties

The directors of JAPL possess other lands, which are utilized as collaterals for banking facilities. These properties include a land of 17 perches located at 182, Galle Road, Dehiwala, housing Bara Stereos (Pvt) Ltd, owned by Mr. Sandun Gamage, who also serves as a director of JAPL. Furthermore, Maradana Showroom is located at 77/1A, Panchikawatta Road, Colombo 10 on 16 perches land, and our new showroom and stores are located at177, New Galle Road, Moratuwa to be opened by September 2023.

Conclusion

Jayananda Associates (Pvt) Ltd, with its 35 years long-standing history, commitment to excellence, and diverse business interests, stands as a respected and influential company in the market. By delivering exceptional products, maintaining ethical practices, and focusing on customer satisfaction, JAPL continues to lead the way in the Motorcycle Spare Parts industry.