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Williamson Tea Kenya

WTK · Nairobi Securities Exchange · Incorporated in Kenya · Consolidated statements

On this page
Company details
Legal name
Williamson Tea Kenya Plc
Incorporated in
Kenya
Listing
WTK on the Nairobi Securities Exchange, active · ISIN KE0000000505 (observed 2026-10-07)
Sector
Agriculture (our classification from the stated principal activity)
Activity
Cultivation, manufacture and sale of tea, and investment in property.
Financial year ends
31 March

Overview

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

  • Revenue

    KES 3.40 billion

    3,400,132 KES thousands · p25

    −17.2% vs 2025

  • Operating profit / (loss)

    KES 75.2 million

    75,190 KES thousands · p25

    Moved from loss to profit (FY to 31 Mar 2025: (335,951) KES thousands)

  • Profit / (loss) for the year

    KES 121 million

    120,799 KES thousands · p25

    Moved from loss to profit (FY to 31 Mar 2025: (166,439) KES thousands)

  • Total assets

    KES 12.5 billion

    12,462,494 KES thousands · p28

    +49.0% vs 2025

  • Total equity

    KES 10.0 billion

    10,002,502 KES thousands · p28

    +58.2% vs 2025

  • Cash from operations

    KES 494 million

    494,392 KES thousands · p33

    −11.0% 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 from contracts with customers 3,400,132 4,108,740 4,194,358
- Timber trees1 8,323 6,484 9,726
- Fuel trees2 110,450 56,262 58,285
- Unharvested green leaf3 (1,986) (6,477) 5,601
Operating income4 3,516,919 4,165,009 4,267,970
Cost of sales (3,056,349) (3,987,965) (3,400,265)
Gross profit 460,570 177,044 867,705
Other income 108,951 38,904 28,633
Distribution costs (198,804) (282,758) (241,384)
Administrative expenses (295,527) (269,141) (250,966)
Operating profit /(loss)5 75,190 (335,951) 403,988
Interest Income6 38,350 26,774 59,266
Finance Income /(Cost)78 32,243 (17,487) 63,491
Profit before share of associate (unlabelled subtotal)9 145,783 (326,664) 526,745
Share of profit after tax of associate accounted for using the equity method 77,911 71,673 157,986
Profit/(loss) before income tax10 223,694 (254,991) 684,731
Income tax (expense) /credit11 (102,742) 89,209 (157,681)
Profit /(loss) from continuing operations1213 120,952 (165,782) 527,050
Loss from discontinued operations14 (153) (657) (97)
Profit /(loss) for the year15 120,799 (166,439) 526,953
Non - controlling interests16 4,756 (13,045) 29,475
Gain on revaluation of leasehold land1718 3,693,323 –19 619,243
Deferred income tax thereon2021 (553,998) –19 (185,772)
Share of other comprehensive income/(loss) of associate accounted for using the equity method2223 573,281 (6,560) 24,103
Re-measurement of post-employment benefits obligation24 32,831 (51,098) 27,515
Deferred income tax thereon20 (9,849) 15,329 (8,255)
Total other comprehensive income for the year 3,735,588 (42,329) 476,834
Total comprehensive income for the year 3,856,387 (208,768) 1,003,787
  1. Printed “-”, read as nil: subtotal_arithmetic: is.other_comprehensive_income.
Notes and alternative reported figures (23)
  1. “- Timber trees” is an issuer-specific line, not mapped to a shared definition: Note 21.
  2. “- Fuel trees” is an issuer-specific line, not mapped to a shared definition: Note 21.
  3. “- Unharvested green leaf” is an issuer-specific line, not mapped to a shared definition: Note 21.
  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. Printed under different labels across filings: “Operating (Loss) / profit”; “Operating profit /(loss)”.
  6. Printed under different labels across filings: “Interest Income”; “Interest income”.
  7. “Finance Income /(Cost)” is an issuer-specific line, not mapped to a shared definition: Net finance income or cost as printed (separate from interest income).
  8. Printed under different labels across filings: “Finance (Cost)/Income”; “Finance Income /(Cost)”.
  9. “Profit before share of associate (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal: operating profit plus interest and net finance.
  10. Printed under different labels across filings: “(Loss) / profit before income tax”; “Profit/(loss) before income tax”.
  11. Printed under different labels across filings: “Income tax (expense) /credit”; “Income tax credit/(expense)”.
  12. “Profit /(loss) from continuing operations” is an issuer-specific line, not mapped to a shared definition: As printed.
  13. Printed under different labels across filings: “(Loss) / Profit from continuing operations”; “Profit /(loss) from continuing operations”.
  14. “Loss from discontinued operations” is an issuer-specific line, not mapped to a shared definition: Note 41.
  15. Printed under different labels across filings: “(Loss) / Profit for the year”; “Profit /(loss) for the year”.
  16. “Non - controlling interests” is an issuer-specific line, not mapped to a shared definition: Note 26.
  17. “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.
  18. Printed under different labels across filings: “Gain on revaluation of leasehold land”; “Gain on revaluation of property and equipment”.
  19. “Deferred income tax thereon” is an issuer-specific line, not mapped to a shared definition: Other comprehensive income.
  20. Printed under different labels across filings: “Deferred income tax thereon”; “Deferred tax in revaluation surplus thereon”.
  21. “Share of other comprehensive income/(loss) of associate accounted for using the equity method” is an issuer-specific line, not mapped to a shared definition: Note 18.
  22. Printed under different labels across filings: “Share of other comprehensive income/(loss) of associate accounted for using the equity method”; “Share of other comprehensive loss of associate accounted for using the equity method”.
  23. “Re-measurement of post-employment benefits obligation” is an issuer-specific line, not mapped to a shared definition: Note 28.

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 3,502,095 4,097,863 4,459,812
Intangible assets 377 872 907
Right-of-use assets 4,183,349 94,768 102,512
Investment properties 506,200 410,000 402,000
Investments accounted for using the equity method 1,404,253 830,441 811,756
Financial assets at fair value through profit or loss 25,828 25,583 26,507
Biological assets - timber and fuel trees1 756,253 717,372 736,217
Non-current assets (unlabelled subtotal) 10,378,355 6,176,899 6,539,711
Cash and bank balances 931,219 818,022 716,278
Current income tax 73,753 78,410 51,243
Trade and other receivables 394,535 571,760 628,542
Inventories 628,569 663,361 1,030,396
Biological assets - growing green leaf23 24,228 26,214 32,691
Current assets before assets held for sale (unlabelled subtotal)4 2,052,304 2,157,767 2,459,150
Assets classified as held for sale5 31,835 31,988 32,645
Current assets (unlabelled subtotal) 2,084,139 2,189,755 2,491,795
Total assets 12,462,494 8,366,654 9,031,506
Share capital 175,126 87,563 87,563
Other reserves 4,962,116 1,440,079 1,595,294
Retained earnings 4,481,321 4,540,348 4,841,571
Capital and reserves attributable to owners of the6 9,618,563 6,067,990 6,524,428
Non - controlling interests 383,939 253,251 287,170
Shareholders' funds 10,002,502 6,321,241 6,811,598
Deferred income tax 1,656,966 1,035,025 1,163,505
Post-employment benefits obligation 205,612 214,509 144,067
Borrowings –7 50,556 114,123
Lease liabilities 16,308 21,943 28,676
Non-current liabilities (unlabelled subtotal) 1,878,886 1,322,033 1,450,371
Borrowings 51,945 52,098 37,840
Trade and other payables 438,110 578,059 612,659
Dividends payable 85,416 86,490 113,433
Lease liabilities 5,635 6,733 5,605
Current liabilities (unlabelled subtotal) 581,106 723,380 769,537
Total equity and liabilities 12,462,494 8,366,654 9,031,506
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_liabilities.
Notes and alternative reported figures (6)
  1. “Biological assets - timber and fuel trees” is an issuer-specific line, not mapped to a shared definition: Note 21.
  2. “Biological assets - growing green leaf” is an issuer-specific line, not mapped to a shared definition: Note 21.
  3. Printed under different labels across filings: “Biological assets - growing green leaf”; “Biological assets - unharvested green leaf”.
  4. “Current assets before assets held for sale (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal.
  5. “Assets classified as held for sale” is an issuer-specific line, not mapped to a shared definition: Note 41.
  6. Printed under different labels across filings: “Capital and reserves attributable to owners of the”; “Capital and reserves attributable to owners of the company”.

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 479,679 573,681 532,781
Interest received 38,350 26,774 59,266
Interest paid on borrowings (3,593) (6,338) (10,738)
Interest paid on lease liabilities (2,048) (2,841) (2,535)
Income tax paid (17,996) (35,718) (271,307)
Net cash flows from operating activities 494,392 555,558 307,467
Purchase of property, plant, and equipment1 (231,458) (146,302) (475,577)
Purchase of intangible assets –2 (875) (185)
Proceeds from disposal of property, plant, and equipment3 259 12,322 22,992
Additions to biological assets4 (7,462) (6,726) (8,714)
Dividend received from associate5 77,389 46,428 108,331
Net cash flows from investing activities (161,272) (95,153) (353,153)
Repayment of lease liabilities6 (6,733) (5,605) (5,925)
Repayment of borrowings (51,487) (47,861) (49,367)
Proceeds from borrowings 552 1,170 1,770
Dividends paid to shareholders (176,200) (289,633) (660,753)
Dividends paid to minority interest7 –8 (18,898) (28,348)
Net cash flows from financing activities (233,868) (360,827) (742,623)
Increase / (decrease) in cash and cash equivalents9 99,252 99,578 (788,309)
At start of year10 818,022 716,278 1,475,148
Effects of exchange rate changes11 13,945 2,166 29,439
At end of year12 931,219 818,022 716,278
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_investing.
  2. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (10)
  1. Printed under different labels across filings: “Purchase of property, plant and equipment”; “Purchase of property, plant, and equipment”.
  2. Printed under different labels across filings: “Proceeds from disposal of property, plant and equipment”; “Proceeds from disposal of property, plant, and equipment”.
  3. “Additions to biological assets” is an issuer-specific line, not mapped to a shared definition: Investing activities (note 21).
  4. “Dividend received from associate” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  5. Printed under different labels across filings: “Repayment of lease liabilities”; “Repayment of lease liabilities (principal)”.
  6. “Dividends paid to minority interest” is an issuer-specific line, not mapped to a shared definition: Financing activities (note 26).
  7. Printed under different labels across filings: “Increase / (decrease) in Cash and Cash equivalents”; “Increase / (decrease) in cash and cash equivalents”.
  8. Printed under different labels across filings: “At start of year”; “Cash and cash equivalents at start of year”.
  9. Printed under different labels across filings: “Effects of exchange rate changes”; “Effects of exchange rate changes on cash and cash equivalents”.
  10. Printed under different labels across filings: “At end of year”; “Cash and cash equivalents at end of year”.

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)2 3.31 (4.38)1 28.41
Profit / (loss) attributable to shareholders (KES thousands)3 116,043 (153,394) 497,478
Weighted average shares (shares)64 35,025,280 35,025,2805 17,512,640
Notes and alternative reported figures (6)
  1. Audited financial statements dated 2025-06-26 prints (8.76) (units, p25) for this line and year.
  2. Earnings / (loss) per share: printed as “Earnings per share - basic and diluted (Shs per share)”.
  3. Profit / (loss) attributable to shareholders: printed as “Owners of the Company”.
  4. Printed under different labels across filings: “Number of ordinary shares (Note 25)”; “Number of ordinary shares (Note25)”.
  5. Audited financial statements dated 2025-06-26 prints 17,512,640 (units, p58) for this line and year.
  6. Weighted average shares: printed as “Number of ordinary shares (Note25)”.

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 propose a final dividend of Shs.15 per share in 2026. no amount Annual report, p59
31 Mar 2026 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 15 KES per share Annual report, p59
31 Mar 2026 Dividends paid (cash flow statement) Dividends paid to shareholders (176,200) KES thousands Annual report, p33
31 Mar 2025 Dividend recommended, subject to shareholder approval The directors propose a final dividend of Shs 10 per share in 2025. no amount Audited financial statements, p58
31 Mar 2025 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 10 KES per share Annual report, p59
31 Mar 2025 Dividend proposed per share, as printed in a statement Final dividend proposed for the year, per share 10 KES per share Audited financial statements, p58
31 Mar 2025 Dividends paid (cash flow statement) Dividends paid to shareholders (289,633) KES thousands Annual report, p33
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, p58
31 Mar 2024 Dividends paid (cash flow statement) Dividends paid to shareholders (660,753) KES thousands Audited financial statements, p33

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.

  • Williamson 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 (PDF p24, scanned, page image); statements approved by the board on 25th June 2026 (day handwritten) and signed by the chairman and a director (PDF p29, 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
    consolidated statements · KES thousands (printed “Shs'000”)
    • Key audit matters are described in the auditor's report (PDF pp21-23, scanned).
    • Earnings per share for 2025 are restated to (4.38) for the bonus issue made during the year (note 12): 35,025,280 shares in both years; share capital doubled from 87,563 to 175,126.
    • Final dividend of Shs 15 per share proposed for 2026 (2025: Shs 10), Shs 525,379,200 in total (note 13). Leasehold land was revalued in 2026 (gain 3,693,323 before deferred tax of 553,998, in other comprehensive income).
    Technical details
    File
    102 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    2043c7aefee2069922eb36719742b422498296722b021b0930d5e35a4e352c01
    Entity as printed
    Williamson Tea Kenya Plc (the Company) and its subsidiaries (the Group)
    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 (the non-current liabilities, whose labels OCR separates from the amounts; two merged cash-flow rows; distribution costs; the revaluation lines) are recorded as image-only readings.
    Issuer copy
    retrieved 2026-10-07T23:42:04Z

  • Williamson 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 (day handwritten) and signed by the chairman and the managing director (PDF p29, 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
    consolidated statements · KES thousands (printed “Shs'000”)
    • Key audit matters are described in the auditor's report (PDF pp21-23, scanned).
    • Earnings per share here ((8.76) for 2025; 28.41 for 2024) are on 17,512,640 shares, before the bonus issue made in the year to March 2026; the 2026 report restates 2025 to (4.38) on 35,025,280 shares.
    • Final dividend of Shs 10 per share proposed for 2025 (2024: Shs 25), Shs 175,126,400 in total (note 13). Property and equipment were revalued in 2024 (gain 619,243 before deferred tax of 185,772, in other comprehensive income).
    Technical details
    File
    101 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    83836ca5fb536e44ab79fd0d47ba6050fe8d598226cbfac71798c68dd00591a0
    Entity as printed
    Williamson Tea Kenya Plc (the Company) and its subsidiaries (the Group)
    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 (the interest and finance lines, the borrowings rows it merges with neighbouring labels, investments in associates, interest paid on leases, the revaluation lines) are recorded as image-only readings.
    Issuer copy
    retrieved 2026-10-07T23:42:06Z

Data notes

  • Operating profit /(loss) — OCR read '(335.951)'; the page image shows '(335,951)'. OCR read a comma as a full stop; the page image shows the comma. (Williamson Tea Kenya Plc Annual Report and Financial Statements for the year ended 31 March 2026, p25)
  • Total assets — OCR read '12.462.494'; the page image shows '12,462,494'. OCR read the commas as full stops; the page image shows 12,462,494. (Williamson Tea Kenya Plc Annual Report and Financial Statements for the year ended 31 March 2026, p28)

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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