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Kapchorua Tea Kenya

KAPC · Nairobi Securities Exchange · Incorporated in Kenya · Company statements

On this page
Company details
Legal name
Kapchorua Tea Kenya Plc
Incorporated in
Kenya
Listing
KAPC on the Nairobi Securities Exchange, active · ISIN KE4000001760 (observed 2026-10-07)
Sector
Agriculture (our classification from the stated principal activity)
Activity
Cultivation, manufacture and sale of tea.
Financial year ends
31 March

Overview

Year ended 31 March 2026 · annual report, signed / final · source

  • Revenue

    KES 1.66 billion

    1,662,674 KES thousands · p25

    −25.1% vs 2025

  • Operating profit / (loss)

    Not reported in this filing

  • Profit / (loss) for the year

    KES 197 million

    196,943 KES thousands · p25

    +8.7% vs 2025

  • Total assets

    KES 4.52 billion

    4,518,860 KES thousands · p26

    +60.0% vs 2025

  • Total equity

    KES 3.55 billion

    3,549,678 KES thousands · p26

    +69.1% vs 2025

  • Cash from operations

    KES 422 million

    421,776 KES thousands · p28

    +40.2% vs 2025

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

  • FY to 31 Mar 2026 — annual report, signed / final; reported for the year · source
  • FY to 31 Mar 2025 — annual report, signed / final; comparative in the FY to 31 Mar 2026 filing · source
  • FY to 31 Mar 2024 — audited financial statements, signed / final; comparative in the FY to 31 Mar 2025 filing · source

Income statement

Income statement, KES thousands. Columns: FY to 31 Mar 2026 — annual report (signed / final), as reported for the year; FY to 31 Mar 2025 — annual report (signed / final), comparative reported in the annual report for 2026; FY to 31 Mar 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 31 Mar 2026Annual reportreported for the yearFY to 31 Mar 2025Annual reportcomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementscomparative in FY to 31 Mar 2025 filing
Revenue 1,662,674 2,218,731 2,193,918
- Timber trees1 10,815 56,596 34,091
- Fuel trees2 39,033 48,830 43,485
- Unharvested green leaf3 776 (5,159) 9,330
Operating income4 1,713,298 2,318,998 2,280,824
Cost of sales (1,396,359) (1,965,334) (1,624,005)
Gross profit 316,939 353,664 656,819
Other income 2,522 5,281 4,792
Interest income 53,201 56,318 33,021
Finance income / (costs)56 21,764 (11,587) (6,196)
Distribution costs (80,392) (115,954) (90,534)
Administrative expenses (25,014) (26,179) (24,604)
Profit before tax 289,020 261,543 573,298
Income tax charge (92,077) (80,366) (173,939)
Profit for the year 196,943 181,177 399,359
Gain on revaluation of leasehold land78 1,696,223 –9 76,613
Deferred income tax thereon1011 (254,433) –9 (22,984)
Re-measurement of post-employment benefits obligation12 10,502 (23,687) 10,428
Deferred income tax thereon1013 (3,150) 7,10514 (3,128)
Other comprehensive income (unlabelled subtotal) 1,449,142 (16,582)15 60,929
Total comprehensive income for the year 1,646,085 164,59516 460,288
  1. Printed “-”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (15)
  1. “- Timber trees” is an issuer-specific line, not mapped to a shared definition: Note 18.
  2. “- Fuel trees” is an issuer-specific line, not mapped to a shared definition: Note 18.
  3. “- Unharvested green leaf” is an issuer-specific line, not mapped to a shared definition: Note 18.
  4. “Operating income” is an issuer-specific line, not mapped to a shared definition: Issuer subtotal: revenue plus fair-value changes on biological assets.
  5. “Finance income / (costs)” is an issuer-specific line, not mapped to a shared definition: Net finance income or cost as printed (note 10; separate from interest income).
  6. Printed under different labels across filings: “Finance costs”; “Finance income / (costs)”.
  7. “Gain on revaluation of leasehold land” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income: leasehold land (2026) or property and equipment (2024), as printed.
  8. Printed under different labels across filings: “Gain on revaluation of leasehold land”; “Gain on revaluation of property and equipment”.
  9. “Deferred income tax thereon” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income.
  10. Printed under different labels across filings: “Deferred income tax on revaluation surplus”; “Deferred income tax thereon”.
  11. “Re-measurement of post-employment benefits obligation” is an issuer-specific line, not mapped to a shared definition: Note 24.
  12. Printed under different labels across filings: “Deferred income tax on post-employment re-measurement”; “Deferred income tax thereon”.
  13. Audited financial statements dated 2025-06-26 prints 7,106 (thousands, p25) for this line and year.
  14. Audited financial statements dated 2025-06-26 prints (16,581) (thousands, p25) for this line and year.
  15. Audited financial statements dated 2025-06-26 prints 164,596 (thousands, p25) for this line and year.

Balance sheet

Balance sheet, KES thousands. Columns: FY to 31 Mar 2026 — annual report (signed / final), as reported for the year; FY to 31 Mar 2025 — annual report (signed / final), comparative reported in the annual report for 2026; FY to 31 Mar 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 31 Mar 2026Annual reportreported for the yearFY to 31 Mar 2025Annual reportcomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementscomparative in FY to 31 Mar 2025 filing
Property, plant and equipment 1,161,234 1,181,129 1,192,591
Right-of-use assets1 1,714,700 18,696 18,918
Intangible assets 98 242 229
Financial assets held at fair value through profit or loss 13,024 12,901 13,367
Biological assets - timber and fuel trees2 490,258 456,032 376,815
Non-current assets (unlabelled subtotal) 3,379,314 1,669,000 1,601,920
Cash and bank balances 809,539 674,064 588,677
Trade and other receivables 138,938 167,6693 248,614
Due from related parties4 52 77,817 Not reported in this filing5
Inventories 182,109 206,498 454,998
Current income tax receivable –6 21,048 –6
Biological assets-unharvested green leaf7 8,908 8,132 13,291
Current assets (unlabelled subtotal) 1,139,546 1,155,228 1,305,580
Total assets 4,518,860 2,824,228 2,907,500
Share capital 78,240 39,120 39,120
Other reserves 1,859,189 422,681 426,735
Retained earnings 1,612,249 1,637,392 1,586,103
Shareholders' funds 3,549,678 2,099,193 2,051,958
Deferred income tax 668,077 400,960 378,094
Post-employment benefits obligation 106,839 111,842 79,068
Non-current liabilities (unlabelled subtotal) 774,916 512,802 457,162
Trade and other payables 157,776 195,6788 284,087
Due to related parties9 8,932 8,620 Not reported in this filing10
Dividends payable 9,337 7,935 6,247
Current income tax 18,221 –11 108,046
Current liabilities (unlabelled subtotal) 194,266 212,233 398,380
Total equity and liabilities 4,518,860 2,824,228 2,907,500
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.current_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (9)
  1. Printed under different labels across filings: “Right of -use -assets”; “Right-of-use assets”.
  2. “Biological assets - timber and fuel trees” is an issuer-specific line, not mapped to a shared definition: Note 18.
  3. Audited financial statements dated 2025-06-26 prints 245,486 (thousands, p26) for this line and year.
  4. “Due from related parties” is an issuer-specific line, not mapped to a shared definition: Note 27.
  5. Not reported in this filing: Not printed separately in the 2025 statement of financial position (p26); within trade and other receivables, which the 2026 report splits.
  6. “Biological assets-unharvested green leaf” is an issuer-specific line, not mapped to a shared definition: Note 18.
  7. Audited financial statements dated 2025-06-26 prints 204,298 (thousands, p26) for this line and year.
  8. “Due to related parties” is an issuer-specific line, not mapped to a shared definition: Note 27.
  9. Not reported in this filing: Not printed separately in the 2025 statement of financial position (p26); within trade and other payables, which the 2026 report splits.

Cash flow

Cash flow, KES thousands. Columns: FY to 31 Mar 2026 — annual report (signed / final), as reported for the year; FY to 31 Mar 2025 — annual report (signed / final), comparative reported in the annual report for 2026; FY to 31 Mar 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 31 Mar 2026Annual reportreported for the yearFY to 31 Mar 2025Annual reportcomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementscomparative in FY to 31 Mar 2025 filing
Cash generated from operations 411,850 424,1011 406,733
Interest received 53,201 56,318 33,021
Tax paid (43,275) (179,487) (40,602)
Net cash flows from operating activities 421,776 300,9322 399,152
Purchase of property, plant, and equipment3 (87,403) (97,436) (125,287)
Purchase of intangible assets computer software –4 (256) –4
Proceeds from disposal of PPE 1,334 –4 2,435
Additions to biological assets5 (6,034) (2,181) (3,441)
Net cash flows from investing activities (92,103) (99,873) (126,097)
Dividend paid (194,198) (115,672) (271,692)
Net cash flows from financing activities (194,198) (115,672) (271,692)
Increase in cash and cash equivalents 135,475 85,3876 1,363
At start of year7 674,064 588,677 595,010
At end of year8 809,539 674,064 588,677
Dividends Received9 Not reported in this filing10 Not reported in this filing1011 196
Effects of exchange rate changes on cash and cash equivalents Not reported in this filing12 Not reported in this filing1213 (7,696)
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
Notes and alternative reported figures (12)
  1. Audited financial statements dated 2025-06-26 prints 425,326 (thousands, p28) for this line and year.
  2. Audited financial statements dated 2025-06-26 prints 302,157 (thousands, p28) for this line and year.
  3. Printed under different labels across filings: “Purchase of property, plant and equipment”; “Purchase of property, plant, and equipment”.
  4. “Additions to biological assets” is an issuer-specific line, not mapped to a shared definition: Investing activities (note 18).
  5. Audited financial statements dated 2025-06-26 prints 86,612 (thousands, p28) for this line and year.
  6. Printed under different labels across filings: “At start of year”; “Cash and cash equivalents at start of year”.
  7. Printed under different labels across filings: “At end of year”; “Cash and cash equivalents at end of year”.
  8. “Dividends Received” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  9. Not reported in this filing: No dividends-received line in the 2026 statement of cash flows (p28).
  10. Audited financial statements dated 2025-06-26 presents this line for this year: - (p28). Not shown in this column, which follows one filing's presentation.
  11. Not reported in this filing: No exchange-rate line in the 2026 statement of cash flows (p28); the 2025 report printed (1,225) for 2025.
  12. Audited financial statements dated 2025-06-26 presents this line for this year: (1,225) (p28). Not shown in this column, which follows one filing's presentation.

Per share and shares

Per share and shares. Columns: FY to 31 Mar 2026 — annual report (signed / final), as reported for the year; FY to 31 Mar 2025 — annual report (signed / final), comparative reported in the annual report for 2026; FY to 31 Mar 2024 — audited financial statements (signed / final), comparative reported in the audited financial statements for 2025.
Line (as printed) FY to 31 Mar 2026Annual reportreported for the yearFY to 31 Mar 2025Annual reportcomparative in FY to 31 Mar 2026 filingFY to 31 Mar 2024Audited financial statementscomparative in FY to 31 Mar 2025 filing
Earnings / (loss) per share (per share)3 12.581 11.582 51.04
≠ Note 1. Two printed figures (Shs per share): 12.58 on the statement of profit or loss (p25) and 12.59 in note 12 (p46); difference 0.01. Displayed: 12.58, the statement figure; 12.59 is kept here and in the CSV. Arithmetic check: profit 196,943 thousand over 15,648 thousand shares = 12.586, which rounds to the note's 12.59.
Weighted average shares (shares)64 15,648 thousand 15,648 thousand5 7,824 thousand
Notes and alternative reported figures (5)
  1. Audited financial statements dated 2025-06-26 prints 23.16 (units, p25) for this line and year.
  2. Earnings / (loss) per share: printed as “Earnings per share - basic and diluted (Shs)”.
  3. Printed under different labels across filings: “At start and end of year (note 22)”; “Weighted average number of ordinary shares (thousands)”.
  4. Audited financial statements dated 2025-06-26 prints 7,824 (thousands, p46) for this line and year.
  5. Weighted average shares: printed as “Weighted average number of ordinary shares (thousands)”.

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.

Dividend events, the issuer's wording, and amounts as printed
Year endedEventWording as printedAmountUnitSource
31 Mar 2026 Dividend recommended, subject to shareholder approval The Directors recommend that a final dividend of Shs 30 per share no amount Annual report, p46
31 Mar 2026 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 30 KES per share Annual report, p46
31 Mar 2026 Dividends paid (cash flow statement) Dividend paid (194,198) KES thousands Annual report, p28
31 Mar 2025 Dividend recommended, subject to shareholder approval The Directors recommend that a final dividend of Shs.25.00 per share no amount Audited financial statements, p46
31 Mar 2025 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 25 KES per share Annual report, p46
31 Mar 2025 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 25.00 KES per share Audited financial statements, p46
31 Mar 2025 Dividends paid (cash flow statement) Dividend paid (115,672) KES thousands Annual report, p28
31 Mar 2024 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 25 KES per share Audited financial statements, p46
31 Mar 2024 Dividends paid (cash flow statement) Dividend paid (271,692) KES thousands Audited financial statements, p28

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.

  • Kapchorua Tea Kenya Plc Annual Report and Financial Statements for the year ended 31 March 2026

    Year ended 31 March 2026 · Annual report · signed / final

    Audit: PricewaterhouseCoopers LLP, unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers LLP; engagement partner FCPA Michael Mugasa (practising certificate number 1478)

    Final status: Auditor's report signed for PricewaterhouseCoopers LLP (engagement partner FCPA Michael Mugasa) and dated 25 June 2026, the date typed into the blank, with the firm's QR verification code (PDF p24, scanned, page image); statements approved by the board on 25 June 2026 and signed by the chairman (E N K Wanjama) and a director (A N Omete) (PDF p26, scanned, page image).

    Document date
    25 Jun 2026
    Auditor's report
    25 Jun 2026
    Board approval
    25 Jun 2026
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Mar 2026, FY to 31 Mar 2025
    Basis
    company statements · KES thousands (printed “Shs'000”)
    • Key audit matters are described in the auditor's report (PDF pp21-23, scanned).
    • Earnings per share for 2026 are printed as 12.58 on the face of the statement (p25) and as 12.59 in note 12 (p46). Profit 196,943 over 15,648 thousand shares is 12.586 (arithmetic check), which rounds to 12.59; the face value 12.58 is recorded as printed.
    • The 2025 comparatives are re-presented relative to the 2025 financial statements: amounts due from and to related parties are shown separately (77,817 and 8,620, previously within receivables 245,486 and payables 204,298); the cash flow drops the exchange-rate line (2025 report: (1,225)) and shows cash generated from operations of 424,101 (2025 report: 425,326); OCI items differ by one (deferred tax 7,105 vs 7,106; total comprehensive income 164,595 vs 164,596). 2025 earnings per share restated to 11.58 for the bonus issue (note 12); share capital doubled from 39,120 to 78,240.
    • Final dividend of Shs 30 per share proposed for 2026 (2025: Shs 25), Shs 469,440,000 in total (note 13). Leasehold land was revalued in 2026 (gain 1,696,223 before deferred tax of 254,433, in other comprehensive income), which raises right-of-use assets from 18,696 to 1,714,700.
    Technical details
    File
    68 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    9877e2c66df13fedaf7cd62195d868a9ca5b2c76a0fe2a05f23056ef20fd212b
    Entity as printed
    Kapchorua Tea Kenya PLC
    Note
    The whole report is scanned (no text layer). Statements read with OCR and checked cell by cell on the page images; rows OCR misreads or attaches to section headings (much of the balance sheet, the cash-flow investing and financing rows, the OCI items) are recorded as image-only readings. Several thousands separators are faint and OCR read them as full stops.
    Issuer copy
    retrieved 2026-10-07T23:42:07Z

  • Kapchorua Tea Kenya Plc Financial Statements for the year ended 31 March 2025

    Year ended 31 March 2025 · Audited financial statements · signed / final

    Audit: PricewaterhouseCoopers LLP, unmodified opinion · signed

    Auditor's sign-off: PricewaterhouseCoopers LLP; engagement partner FCPA Michael Mugasa (practising certificate number 1478)

    Final status: Auditor's report signed for PricewaterhouseCoopers LLP (engagement partner FCPA Michael Mugasa) and dated 26th June 2025, day and month handwritten (PDF p24, scanned, page image); statements approved by the board on 26th June 2025 and signed by the chairman (E N K Wanjama) and the managing director (Alan L Carmichael) (PDF p26, scanned, page image).

    Document date
    26 Jun 2025
    Auditor's report
    26 Jun 2025
    Board approval
    26 Jun 2025
    Retrieved by us
    7 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 31 Mar 2024
    Basis
    company statements · KES thousands (printed “Shs'000”)
    • Key audit matters are described in the auditor's report (PDF pp21-23, scanned).
    • Profit for 2024 is printed as 399,359 on the face of the statement (p25) and as 399,358 in note 12 (p46). Note 13 says the 2024 final dividend was Shs 25 per share, Shs 195,600,000 (p46), but the dividends-payable reconciliation shows 117,360 thousand declared in the year to March 2025 (Shs 15 on 7,824 thousand shares, an arithmetic inference) and 273,840 the year before.
    • The 2026 report re-presents these 2025 figures (related-party balances shown separately, the cash flow without the exchange-rate line, OCI items differing by one) and restates 2025 earnings per share from 23.16 to 11.58 for the bonus issue. Both printings are kept; the existing selection rule picks the most recent printing.
    • Final dividend of Shs 25.00 per share proposed for 2025 (2024: Shs 25), Shs 195,600,000 in total (note 13). The auditor's report is in the same terms as 2026 (PDF pp21-24).
    Technical details
    File
    66 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    847d08d03013e6101f668924d09d23a979dbae083f2149a7ada5fb0ad6293d61
    Entity as printed
    Kapchorua Tea Kenya PLC
    Note
    The whole document is scanned (no text layer). Statements read with OCR and checked cell by cell on the page images; rows OCR misreads or misaligns (the first three non-current assets, inventories, the tax and dividend balances, several investing rows, the revaluation lines) are recorded as image-only readings.
    Issuer copy
    retrieved 2026-10-07T23:42:08Z

Data notes

  • Operating income — OCR read '1.713.298'; the page image shows '1,713,298'. The thousands separator is faint in the scan and OCR read it as a full stop; on the page image it is a comma. (Kapchorua Tea Kenya Plc Annual Report and Financial Statements for the year ended 31 March 2026, p25)

Review status: every figure has been checked against its cited source page in an AI-assisted source verification (7 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.

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