Williamson Tea Kenya Ltd.

Company Overview;

Williamson Tea Kenya Limited is a Kenya-based company engaged in the cultivation, manufacture and sale of tea; investment in property, and the sale and servicing of generators. The Company offers a range of teas, including Kenyan Earth, Earl Grey, Green Earl Grey, Pure Green, Duchess Grey, Purple Blush, Mint Garden, Ginger Grove, Earl Grey Purple, Purple Matcha and Green Matcha. The Company also offers a range of Elephant Caddies, which include MINI KIJANI ELEPHANT CADDY, MINI NYEKUNDU ELEPHANT, GREEN TRANQUILITY, PINK LOVE, KENYA SHIELD, PAISLEY, LONDON SKYLINE, SNOWFLAKE, SEASIDE, ART DECO, KENYAN EARTH, AUTUMN LEAVES and KENYAN CHRISTMAS. It offers loose leaf tea and loose leaf teabags. The Company also offers gifts through its Website, such as Green Matcha Bowl, Enamel Mug, Emma Bridgewater Mug, Keeponwandering Pure Green Tea Gift Set, Matcha Whisk, Kenyan Savannah Gift Set and Green Matcha Kit. The Company’s tea farms are located in Tinderet, Kaimosi, Kapchorua and Changoi.

 

Shares Issued:                                                         8.76M

Trading Year End:                                               March 31

 

WTK Top Shareholders (%)

NameOwnership (%)
Ngong Tea Holdings Limited51.46
Upstream Investments Limited3.71
Kirtesh P. Shah2.96
Amarjeet Baloonhai Chhotabhai Patel & B C Patel2.62
Garot International Ltd 2.52
Standard Chartered Nominees Ltd A/C 92801.97
AAKS Nominees Ltd A/C 2014 1,.38
Rakesh Prakesh Gadani0.98
Phoenix of E.A. Assurance Co Ltd0.97
Bid Plantations Limited0.93

 

WTK Ltd. Financials

 FY2016FY2015FY2014FY2013FY2012
Gross Revenue (M)
3,3862,1043,8603,6773,888
Production Costs (M)(2,109)(2,543)(2,471)(2,735)
Gross Profit (M)(6)1,3171,2061,153
Profit Before Tax (M)981(299)1,0411,1561,163
Tax (M)(242)71(300)(300)(309)
Net Profit (M)738(228)741856855
P/E Ratio4.3(12)3.562.412.45
EPS (Kshs)40.3(23.77)81.3694.3693.74
DPS (Kshs)20407.007.5057.50

 

Dividend History:

Final dividend Payment of Ksh. 20.00 in July 2016

Final dividend Payment of Ksh. 40.00 in September 2015

Final dividend Payment of Ksh. 7.00 in August 2014

Final dividend Payment of Ksh. 7.50 in July 2013

Final dividend Payment of Ksh. 7.50 in September 2012

Interim dividend Payment of Ksh. 50.00 in March 2012

 

Share Splits/Bonus:

1:1 Bonus in January 2016

Rights Issue:

No previous rights issue.