Since 1913, M. D. GUNASENA has become an established household name that resonates in the hearts and minds of people, as a trusted brand synonymous with education. Sovereign in ownership and true to its founding ethos, we hold ourselves accountable to one principle, our Vision: the advancement of human thought. Today, our core business is in Publishing, Printing, Book selling and Education. 2013 marked a significant milestone for the company; our 100th anniversary and the start of our second century.
The following ideologies that we follow with assertiveness, define the true spirit of our company
- True :by being devoted to our brand values.
- Trustworthy by consistently delivering our promise.
- Helpful by listening and responding.
- Straight forward by keeping things simple, clear and transparent.
- Inspiring by constantly striving for excellence.
- Heart by showing passion and conviction.
- Love by wishing, serving and doing the best.
- Integrity by adhering to ethical and moral principles.
- Responsibility by being accountable.
- Humility by the willingness to help others.
- Gratitude by appreciating and saying thank you all the time.
Corporate Governance is not just another business concept but a religion. It is a conviction and philosophy founded on a century old organizational culture defined and executed personally, by the Founder. These ethical business practices have been institutionalized at all levels in the Group through a set of Corporate Values – Love, Integrity, Responsibility, Humility and Gratitude. We believe that the Corporate Values and Governance is the key to our survival and to our future success.
The Company aims to create profits for its shareholders, while improving the lives of its employees and those with whom it interacts. M. D. GUNASENA strives to ensure that, through its Corporate Governance, the business works for the interest of society at large.
Malagalage Don Gunasena was a mere school boy at Wesley College when he first peered in fascination through the windows, as the rolling wheels of the huge Wharfdale machines were moving to churn out sheets of printed matter in the presses on Dam Street. Even while in school, he ran errands for the printers just to get a closer look at the printing presses.
His father Malagalage Don Carolis Peiris Appuhami and mother Galpotte Kankanamalage Sophaya Perera Hamine belonged to a paddy farming family from Wewala, Salpiti Korale. Malagalage Don Gunasena the youngest son in a family of three, began his education in Wewala Government School in the village. His parents sent him to Wesley College to learn English under British rule. Soon after, the family fortunes changed and the parents could not afford the luxury of giving him, an English education. The boy was compelled to leave school when he was in the fourth standard and take up Ayurveda, under a Veda Mahattya in Grandpass.
At this time his elder brother was running a small grocery in Colombo. Seeing young Gunasena’s futile efforts over the study of ancient Pali and Sanskrit, he suggested that it was time for his younger brother to learn a trade. It was then that Gunasena requested that he be sent to the Boys’ Industrial Home attached to the Wesley Press. Following his boyhood fascination, it is there that he mastered the art of printing. Destiny had been made and there was no turning back.
The young qualified printer immediately joined H.S. Perera to help the Dinamina at the Lanka Abhihawa Visrutha Press owned by Pundit Robert Batuwanthudawa. Subsequently the press was handed over to his Son-in-law Sir Baron Jayatilaka. Gunasena mastered the art of setting up type and further sharpened his printing skills, until he was forced to return to Wewala due to a bout of illness.
On his return to Colombo he sought an opening at the Government Press with a letter of introduction from Pundit Thomas Karunaratne, only to be told that the Government Printer, Mr. Cotton had left to England. With no job, he was at his boarding on Green Street, when a friend informed him of a vacancy for a compositor. He joined Sir Harry Van Cuylenberg’s Independent Newspaper at Hulftsdorp, where he earned his first salary. Ironically, 30 years later, he bought the same premises and it became home to Independent Newspapers Limited, an associate Company of M. D. GUNASENA’s, which shut down in 1990.
His adventurous and entrepreneurial spirit always found him looking for better prospects. He later worked as the manager for Wijewickremage John Appuhami’s Victor press on Dias Place. Here he played the role of salesman, canvasser, bill collector, designer and printer. As a salesman he use to start of early to visit many establishments to obtain printing jobs from customers and return to the office at around 10 a.m. Assuming that Gunasena was habitually late, he was reprimanded. The honourable young Gunasena immediately tendered his resignation. A week later Appuhami apologised on behalf of his poor judgment and asked him to return to work. Gunasena refused; as he had made up his mind, never again to work under anybody.
Appuhami then proposed that Gunasena buy the press but then again he declined, as he did not have the money to do so. Then Appuhami suggested that he was willing to accept the payment on installments. Gunasena agreed and this was the defining moment, way back in 1913.
With determination complemented by hard work, Gunasena surged forward. Success and progress came quickly and he was able to buy additional secondhand machinery from N.S. Fernando and company. He installed the new machinery on First Cross Street, in Pettah, in 1917 and named it New Victor Press. Two years later he relocated to Fifth Cross Street.
At 29 he married Lilian Senehelatha Perera from Grandpass on the 30th of November 1922. As the press expanded, he borrowed more funds from the Chettiars(local money lenders) of Sea Street to meet working expenses, as banks did not lend to small-time Sinhala businessmen. When the Japanese paper supplier, Kiichi Ensha, whom Gunasena took on as a partner in 1919, expressed concern over his debts in 1925, he cancelled the partnership, paying him in full.
In 1925, he expanded the business with new machinery and staff, relocating it to Fifth Cross Street. The business being his alone, he named it M. D. GUNASENA AND COMPANY. This same year the company ventured into book publishing with sales and distribution handled by K.D. Perera & Sons, J.D. Fernando & Company and W.E. Bastian & Company. In 1926 Gunasena acquired a small firm of Book publishers named C.Boteju & Company on Dam Street. Armed with stocks and a few copyrights the company began to operate as a bookseller.
In 1929 the business expanded rapidly and the company was relocated to Norris Road (Olcott Mawatha), its current headquarters. The bookshop operation was carried out from Olcott Mawatha, the printing happened in the middle of the premises and the wholesale operation was at the rear, opening out to Maliban Street.
At that time the Company was at the forefront of the Publishing Industry. Many prestigious titles from legendary authors like, Martin Wickramasinghe; Professor Gunapala Malalasekera, V.D. de Lanerolle, Dr. E.W. Adikaram, and Munidasa Kumaratunga were and continue to be published by the company.
The Founder M.D. Gunasena leases out Victor Press making his entry into the printing industry.
The business was registered as M.D. Gunasena & Company.
Acquires a small book publisher named C. Boteju & Co. marking the entry into publishing.
The reputed Artist G.S. Fernando created the Gurulugomi Logo which was first used on a Martin Wickramasinghe’s Book.
Moves the Business to a spacious premises at 217 Olcott Mawatha in Colombo 11.
M.D. Sirisena a nephew of the founder managers and grows the business to be the most prominent publisher in the country.
Proprietary business is registered as a Limited Liability Company.
National resurgence following independence creates a great demand for Sinhala and Tamil books taking the company to greater heights.
The Company publishers 300 titles a year – virtually a book a day and at least 70% of the books used in schools bear the Gunasena imprint.
The Founder passes away and his son Mr. M.D. Sepala Gunasena takes over as the Chairman.
The Independent Newspaper Group launches its first daily newspaper Dawasa under the prominent Editor D.B. Dhanapala.
The Bookshop was moved to the Spacious new purpose built building on Olcott Mawatha. At that time the building was put up it was one of the two largest bookshops in the world. The other was in Helsinki.
The Newspaper was sealed by the Former Prime minister Mrs. Sirimavo Banadaranaike.
The Common Wealth Press Union presented Mr. M.D. Sepala Gunasena the prestigious Astor Award for his notable contribution towards freedom of information.
Independent Newspapers resumed publications.
The Combination of the 3 year closure, changes in printing technology, migration of journalists to other newspapers, direct government economic sanctions took its financial toll. The newspaper finally closed.
The Company expands its retails stores and currently operates 16 stores across the island.
The Company ventures into direct education and sets up Oasis International School.
The Company invests heavily in printing technology to stay ahead of the competition and becomes the printer of choice.
Begins to source quality stationery directly from China and other potential markets.
Launches the first Loyalty Program in the industry and currently has 130,000 members.
Ventures into online retail with the launch of Iread – Delivery Service.
Appointed as the sole agent for Colleen Colour products based in Thailand.
The Company celebrates the 100th Year Anniversary.
Launches its first CSR program – Donate a Book for Change to build a reading Sri Lanka.
The publishing arm launches a successful series of workbooks linking online tutors to aid students a first in the industry.
Reopens the largest multistory bookshop in Kandy.
Ventures into E-books by launching the Gurulugomi App available both on Android and iOS to deliver Sri Lankan literature across the globe.
Appointed as a distributor in Sri Lanka for AA Photocopy papers.
The Company develops and launches a mobile App for customer feedback, where customers now can leave feedback with ease to help better the business.
The Company launches the first eGiftVoucher program where customers can purchase, gift and redeem vouchers against their favourite books and stationery.
The Company has adopted digital and large format printing to embrace on demand customized printing.
We continue to lead innovation, set trends, and achieve milestones to revolutionize the business and overall industry. Our Payoff line “We taught the nation to Read”, is accepted by all undisputedly for our continued contribution in the field of Publishing, Printing, bookselling and education in Sri Lanka.