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Crown Paints Kenya
On this page
Company details
- Legal name
- Crown Paints Kenya PLC
- Incorporated in
- Kenya
- Listing
- CRWN on the Nairobi Securities Exchange, active · ISIN KE0000000141 (observed 2026-10-07)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · annual report, signed / final · source
-
Revenue
KES 16.0 billion
15,993,694 KES thousands · p50
+18.9% vs 2024
-
Operating profit / (loss)
Not reported in this filing
-
Profit / (loss) for the year
KES 948 million
948,124 KES thousands · p50
+74.4% vs 2024
-
Total assets
KES 9.61 billion
9,610,098 KES thousands · p49
+2.4% vs 2024
-
Total equity
KES 4.09 billion
4,094,820 KES thousands · p49
+12.8% vs 2024
-
Cash from operations
KES 1.80 billion
1,796,118 KES thousands · p52
+252.6% vs 2024
Large amounts are rounded for reading (KES million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in KES thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — annual report, signed / final; reported for the year · source
- FY2024 — annual report, signed / final; comparative in the FY2025 filing · source
- FY2023 — annual report, signed / final; comparative in the FY2024 filing · source
- FY2022 — annual report, signed / final; comparative in the FY2023 filing · source
Income statement
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing | FY2023Annual reportcomparative in FY2024 filing | FY2022Annual reportcomparative in FY2023 filing |
|---|---|---|---|---|
| REVENUE FROM CONTRACTS WITH CUSTOMERS | 15,993,694 | 13,450,499 | 12,492,822 | 11,388,808 |
| COST OF SALES | (9,206,384) | (8,189,426) | (7,968,896) | (7,143,619) |
| GROSS PROFIT | 6,787,310 | 5,261,073 | 4,523,926 | 4,245,189 |
| OTHER INCOME | 302,092 | 529,870 | 458,427 | 411,603 |
| Gross profit plus other income (unlabelled subtotal)1 | 7,089,402 | 5,790,943 | 4,982,353 | 4,656,792 |
| Net allowance for expected credit losses third party2 | 53,119 | 8,582 | (238,921) | (41,629) |
| Net allowance for expected credit losses related parties3 | 2,236 | 294,735 | (38,569) | 257,008 |
| Administration and establishment | (3,203,062) | (2,998,619) | (2,713,905) | (2,223,006) |
| Selling and distribution | (2,331,664) | (2,007,278) | (1,720,174) | (1,360,185) |
| Finance costs | (211,073) | (301,229) | (256,571) | (216,110) |
| Expenses (unlabelled subtotal)4 | (5,690,444) | (5,003,809) | (4,968,140) | (3,583,922) |
| PROFIT BEFORE TAX | 1,398,958 | 787,134 | 14,213 | 1,072,870 |
| TAX EXPENSE | (450,834) | (243,446) | (43,343) | (248,855) |
| PROFIT FOR THE YEAR5 | 948,124 | 543,688 | (29,130) | 824,015 |
| OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF TAX | (55,108) | (53,608) | 48,041 | 4,591 |
| TOTAL COMPREHENSIVE INCOME FOR THE YEAR, NET OF TAX | 893,016 | 490,080 | 18,911 | 828,606 |
Notes and alternative reported figures (5)
- “Gross profit plus other income (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of gross profit and other income.
- “Net allowance for expected credit losses third party” is an issuer-specific line, not mapped to a shared definition: Note 8: printed as a positive amount (net reversal) within expenses.
- “Net allowance for expected credit losses related parties” is an issuer-specific line, not mapped to a shared definition: Note 9: printed as a positive amount (net reversal) within expenses.
- “Expenses (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of the expected-credit-loss lines, administration and establishment, selling and distribution and finance costs.
- Printed under different labels across filings: “(LOSS) / PROFIT FOR THE YEAR”; “PROFIT / (LOSS) FOR THE YEAR”; “PROFIT FOR THE YEAR”.
Balance sheet
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing | FY2023Annual reportcomparative in FY2024 filing | FY2022Annual reportcomparative in FY2023 filing |
|---|---|---|---|---|
| Property, plant and equipment | 2,116,755 | 1,881,652 | 1,956,682 | 1,814,591 |
| Right of use assets | 425,103 | 415,711 | 370,018 | 399,051 |
| Intangible assets | 18,294 | 26,029 | 43,359 | 62,361 |
| Deferred tax assets | 112,909 | 114,309 | 72,221 | 18,757 |
| Non-current assets (unlabelled subtotal) | 2,673,061 | 2,437,701 | 2,442,280 | 2,294,760 |
| Inventories | 3,268,468 | 3,097,472 | 3,668,341 | 3,744,929 |
| Trade and other receivables | 2,393,288 | 2,045,890 | 2,068,656 | 1,829,220 |
| Amounts due from related companies1 | 496 | 919,865 | 206,063 | 658,912 |
| Current tax recoverable | 77,590 | 139,512 | 139,420 | 98,024 |
| Cash and bank balances | 1,197,195 | 745,066 | 766,209 | 578,989 |
| Current assets (unlabelled subtotal) | 6,937,037 | 6,947,805 | 6,848,689 | 6,910,074 |
| TOTAL ASSETS | 9,610,098 | 9,385,506 | 9,290,969 | 9,204,834 |
| Share capital | 711,810 | 711,810 | 711,810 | 711,810 |
| Reserves2 | 3,383,010 | 2,917,080 | 2,427,000 | 2,977,537 |
| Equity (unlabelled subtotal) | 4,094,820 | 3,628,890 | 3,138,810 | 3,689,347 |
| Lease liability | 302,770 | 296,732 | 206,338 | 286,266 |
| Deferred tax liability | 6,857 | 26,837 | –3 | Not reported in this filing4 |
| Bank loans | 152,385 | 181,313 | 184,037 | 114,879 |
| Non-current liabilities (unlabelled subtotal) | 462,012 | 504,882 | 390,375 | 401,145 |
| Lease liability | 171,892 | 137,640 | 147,385 | 138,244 |
| Bank overdraft | 420,063 | 400,329 | 595,306 | 507,715 |
| Bank loans | 505,932 | 639,082 | 626,691 | 912,888 |
| Short term notes5 | 348,037 | 391,896 | 239,018 | 798,263 |
| Amounts due to related companies6 | 143,861 | 54,463 | 161,056 | 39,617 |
| Trade and other payables | 3,416,142 | 3,614,971 | 3,980,275 | 2,710,012 |
| Provisions | 41,265 | 13,353 | 12,053 | 7,603 |
| Tax payable7 | 6,074 | –8 | Not reported in this filing9 | –10 |
| Current liabilities (unlabelled subtotal) | 5,053,266 | 5,251,734 | 5,761,784 | 5,114,342 |
| TOTAL EQUITY AND LIABILITIES | 9,610,098 | 9,385,506 | 9,290,969 | 9,204,834 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
- Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
- Printed “-”; reading unresolved, so no amount is shown. Printed dash, read on the page image (p97); recorded as printed and not interpreted as nil. The statement of financial position (p45) has no such line; the tax note's presentation analysis (p97) prints 'Current tax payable' with a dash for 2022 beside a current tax recoverable of (98,024).
Notes and alternative reported figures (7)
- “Amounts due from related companies” is an issuer-specific line, not mapped to a shared definition: Note 9(i), current.
- “Reserves” is an issuer-specific line, not mapped to a shared definition: Note 12: share premium, revaluation reserve, translation reserve and retained earnings, one line.
- Not reported in this filing: Not printed: no deferred tax liability line in the consolidated statement of financial position (p45).
- “Short term notes” is an issuer-specific line, not mapped to a shared definition: Note 17, current.
- “Amounts due to related companies” is an issuer-specific line, not mapped to a shared definition: Note 9(ii), current.
- Printed under different labels across filings: “Current tax payable”; “Tax payable”.
- Not reported in this filing: Not printed: the statement of financial position (p24) has no current-tax-payable line for 2023; it shows a current tax recoverable (139,420), and the tax note (p46) shows only the recoverable position.
Cash flow
| Line (as printed) | FY2025Annual reportreported for the year | FY2024Annual reportcomparative in FY2025 filing | FY2023Annual reportcomparative in FY2024 filing | FY2022Annual reportcomparative in FY2023 filing |
|---|---|---|---|---|
| Cash generated from operations | 2,363,547 | 1,018,258 | 2,029,489 | 129,515 |
| Income tax paid | (409,628) | (265,071) | (136,679) | (347,469) |
| Interest received | 851 | 3,612 | 6,710 | 7,757 |
| Interest paid1 | (158,652) | (247,359) | (184,279) | (173,609) |
| Net cash generated from operating activities2 | 1,796,118 | 509,440 | 1,715,241 | (383,806) |
| Purchase of property, plant and equipment | (538,699) | (292,141) | (409,757) | (260,328) |
| Purchase of intangible assets | (6,822) | (3,194) | (3,428) | (14,186) |
| Proceeds on sale of property, plant and equipment | 550 | 7,669 | 780 | 13,934 |
| Net cash used in investing activities | (544,971) | (287,666) | (412,405) | (260,580) |
| Proceeds from bank loans | 75,780 | 199,829 | 291,969 | 787,404 |
| Repayments of bank loans3 | (242,953) | (185,713) | (541,957) | (280,147) |
| Proceeds from short term notes4 | 33,972 | 248,663 | 75,815 | 419,266 |
| Repayments of short-term notes56 | (115,728) | (132,325) | (692,708) | (182,928) |
| Lease liability payments principal portion | (179,936) | (176,812) | (167,314) | (188,274) |
| Dividends paid on ordinary shares | (345,691) | –7 | (205,328) | (499,422) |
| Net cash (used in) / generated from financing activities8 | (774,556) | (46,358) | (1,239,523) | 55,899 |
| Net increase /(decrease) in cash and cash equivalents9 | 476,591 | 175,416 | 63,313 | (588,487) |
| Cash and cash equivalents at the beginning of the year | 344,737 | 170,903 | 71,274 | 661,821 |
| Effect of exchange rate changes on cash and cash equivalents | (44,196) | (1,582) | 36,316 | (2,060) |
| Cash and cash equivalents at the end of the year | 777,132 | 344,737 | 170,903 | 71,274 |
- Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (8)
- “Interest paid”: mapping to a shared definition is uncertain. Printed 'Interest paid' in operating activities; the statement does not say whether lease interest is included.
- Printed under different labels across filings: “Net cash generated from / (used in) operating activities”; “Net cash generated from operating activities”.
- Printed under different labels across filings: “Repayment of bank loans”; “Repayments of bank loans”.
- “Proceeds from short term notes” is an issuer-specific line, not mapped to a shared definition: Financing activities, note 17.
- “Repayments of short-term notes” is an issuer-specific line, not mapped to a shared definition: Financing activities, note 17.
- Printed under different labels across filings: “Repayments of short term notes”; “Repayments of short-term notes”.
- Printed under different labels across filings: “Net cash (used in) / generated from financing activities”; “Net cash generated from / (used in) financing activities”.
- Printed under different labels across filings: “Net increase /(decrease) in cash and cash equivalents”; “Net increase in cash and cash equivalents”.
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
| Year ended | Event | Wording as printed | Amount | Unit | Source |
|---|---|---|---|---|---|
| 31 Dec 2025 | Dividends paid (cash flow statement) | Dividends paid on ordinary shares |
(345,691) | KES thousands | Annual report, p52 |
| 31 Dec 2024 | Dividends paid (cash flow statement) | Dividends paid on ordinary shares |
0printed “–”, read as nil | KES thousands | Annual report, p52 |
| 31 Dec 2023 | Dividends paid (cash flow statement) | Dividends paid on ordinary shares |
(205,328) | KES thousands | Annual report, p26 |
| 31 Dec 2022 | Dividends paid (cash flow statement) | Dividends paid on ordinary shares |
(499,422) | KES thousands | Annual report, p48 |
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Crown Paints Kenya PLC 2025 Annual Report and Financial Statements
Year ended 31 December 2025 · Annual report · signed / final
Audit: Ernst & Young LLP (Certified Public Accountants, Nairobi), unmodified opinion · signed
Auditor's sign-off: CPA Allan Gichuhi (practising certificate 1899), for and on behalf of Ernst & Young LLP
Final status: Report of the independent auditor signed (handwritten signature of Allan Gichuhi) for and on behalf of Ernst & Young LLP, Nairobi, dated 26th May 2026, engagement partner CPA Allan Gichuhi, practising certificate 1899 (PDF p47, page image); the statements were approved by the board on 22nd May 2026 and signed by the group chief executive officer (Mustafa Turra) and the group finance director (Patrick Mwati) (PDF p49, page image).
- Document date
- 26 May 2026
- Auditor's report
- 26 May 2026
- Board approval
- 22 May 2026
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · KES thousands (printed “KShs'000”)
- No operating-profit line is printed: finance costs sit within the expenses block before profit before tax (p50).
- The expected-credit-loss lines within expenses print positive amounts (third party 53,119, 2024: 8,582; related parties 2,236, 2024: 294,735; p50), i.e. net reversals; the cash-flow statement prints them as negative adjustments. Kept as printed; the printed expenses subtotal adds up.
- The assignment queue guessed FY2026 (period end 2026-06-03); the document prints the year ended 31 December 2025 throughout.
Technical details
- File
- 124 pages, with a text layer
- SHA-256
58fdd28ebc42473a5a8a4f8461bd19fd48afc9b1b75f73b6fc8b24d5d557da46- Entity as printed
- CROWN PAINTS KENYA PLC AND SUBSIDIARIES (the Group) and Crown Paints Kenya Plc (the Company)
- Issuer copy
- retrieved 2026-10-08T19:52:26Z
-
Crown Paints Kenya PLC Annual Report & Financial Statements 2024
Year ended 31 December 2024 · Annual report · signed / final
Audit: Ernst & Young LLP (Certified Public Accountants, Nairobi), unmodified opinion · signed
Auditor's sign-off: CPA Allan Gichuhi (practising certificate 1899), for and on behalf of Ernst & Young LLP
Final status: Report of the independent auditor signed (handwritten signature 'Allan Gichuhi') for and on behalf of Ernst & Young LLP, Nairobi, dated 30th April, 2025, engagement partner CPA Allan Gichuhi, practising certificate 1899 (PDF p23, folio 45, page image); the statements were approved by the board on 29th April, 2025 and signed by the group chief executive officer (Rakesh K. Rao) and the group finance director (Patrick Mwati) (PDF p24, page image; handwritten signatures).
- Document date
- 30 Apr 2025
- Auditor's report
- 30 Apr 2025
- Board approval
- 29 Apr 2025
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2023
- Basis
- consolidated statements · KES thousands (printed “KShs'000”)
- No current tax payable line is printed in either year (p24); the 2023 deferred tax liability is a dash, read as nil through the printed non-current-liabilities subtotal.
- No operating-profit line is printed: finance costs sit within the expenses block before profit before tax (p25).
- The expected-credit-loss lines within expenses print positive amounts in 2024 (third party 8,582; related parties 294,735; p25), i.e. net reversals, and negative amounts in 2023 ((238,921); (38,569)). The cash-flow adjustment for third-party expected credit losses is printed 21,499 (p26), not the 8,582 of the income statement. Kept as printed; the printed expenses subtotal adds up.
- The last two PDF pages hold blank 'NOTES' pages headed 'Annual report and financial statements | 2022' (PDF p61), a layout carry-over; the statements and notes are for the year ended 31 December 2024.
Technical details
- File
- 63 pages, with a text layer
- SHA-256
5951eaa89a918e0c76a97952bfabbcd5b0eb1c95a341c9c5fb29f50b6a69a64f- Entity as printed
- CROWN PAINTS KENYA PLC AND SUBSIDIARIES (the Group) and Crown Paints Kenya Plc (the Company)
- Issuer copy
- retrieved 2026-10-08T19:52:28Z
-
Crown Paints Kenya PLC Annual Report and Financial Statements 2023
Year ended 31 December 2023 · Annual report · signed / final
Audit: Ernst & Young LLP (Certified Public Accountants, Nairobi), unmodified opinion · signed
Auditor's sign-off: CPA Allan Gichuhi (practising certificate 1899), for and on behalf of Ernst & Young LLP
Final status: Report of the independent auditors signed (handwritten signature 'Allan Gichuhi') for and on behalf of Ernst & Young LLP, Certified Public Accountants, Nairobi, dated 29th May 2024, engagement partner CPA Allan Gichuhi, practising certificate 1899 (PDF p43, page image); the statements were approved by the board on 29th April 2024 and signed by the group chief executive officer (Rakesh K. Rao) and the group finance director (Patrick Mwati) (PDF p45, page image; handwritten signatures).
- Document date
- 29 May 2024
- Auditor's report
- 29 May 2024
- Board approval
- 29 Apr 2024
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2022
- Basis
- consolidated statements · KES thousands (printed “KShs'000”)
- No current tax payable and no deferred tax liability line is printed in either year (p45).
- No operating-profit line is printed: finance costs sit within the expenses block before profit before tax (p46).
- The board approved the statements on 29th April 2024 (p45); the auditors' report is dated 29th May 2024 (p43).
- The expected-credit-loss lines within expenses print (238,921) and (38,569) in 2023 and (41,629) and 257,008 (a net reversal for related parties) in 2022 (p46); the cash-flow adjustment for third-party expected credit losses is printed 240,358 (2022: 51,608) (p48). Kept as printed.
Technical details
- File
- 132 pages, with a text layer
- SHA-256
bfa4ef60848648dbc4fa91b92828f333b6fb6668adc0bb8e9124821974be8f0a- Entity as printed
- CROWN PAINTS KENYA PLC AND SUBSIDIARIES (the group) and Crown Paints Kenya Plc (the company)
- Issuer copy
- retrieved 2026-10-08T19:52:34Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (16 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.