This report presents a comprehensive financial analysis and valuation of Lanka Tiles PLC, covering the period from 2014 to 2018. The analysis includes an executive summary, company background, industry analysis (Porter's five forces), strategy analysis, and detailed accounting analysis of operating, investing, and financing activities. Risk analysis encompasses liquidity and solvency assessments, followed by profitability and ratio analysis. The report also features year-over-year growth calculations, common size analysis, and forecasted financial statements for the next three years. Valuation is performed using both Discounted Cash Flow (DCF) and market multiple methodologies, including sensitivity analysis. The report concludes with a buy recommendation based on the valuation results, while acknowledging limitations such as reliance on publicly available financial statements. The analysis also addresses key industry factors like competition, raw material costs, and market dynamics, offering a holistic view of Lanka Tiles PLC's financial performance and future prospects. Annexures and references are included for further detail.