OLYMPIA CAPITAL HOLDINGS LTD

Olympia Capital Holdings Limited, formerly Dunlop Kenya Limited (DKL) was initally established as a branch office of Dunlop UK in Kenya in 1968 then a Britsh multnatonal to carry out the business of manufacture of vinyl floor tles, adhesives and sports equipment. In 1970, the company was formally registered in Kenya and got listed at the Nairobi Stock Exchange in 1976.

 

In 1989, Dunlop (UK) was acquired by BTR worldwide with the later gaining controlling stake of DKL. In 1999, Dunlop Industries Limited (DIL) was registered as a fully owned subsidiary of DKL to contnue with the business of the parent company and allow DKL to concentrate on investments. In 2004, DKL changed its name from Dunlop Kenya Limited to Olympia Capital Holdings Limited.

 

OCHL main investments are in companies dealing in the manufacture and sale of products used in  the constructon industry such as floor tles, adhe?sives, U?PVC windows and door frames, cleaning chemicals as well as fire equipment, water pumps and real estate.

The Group had a turnover of Kshs.774mn (USD9.1mn) in FY  2011 which was a  growth of 16% over FY 2010. PBT in FY12 nearly doubled from FY 2011 and this was driven by strong performance from our Botswana subsidiary and the existng real estate investments by the Group. Our FY 2012 first half year performance showed growth of 6% over same period last year and we expect even beter performance in the second half of this financial year which ends in February 2013.

 

Its subsidiaries in Kenya are Mather+Platt (K) Ltd a fire systems and water pumps provider; Dunlop Industries Ltd dealing in vinyl floor tles, adhesives and glue; and various real estate investments within the country such as Avon Centre and Heri Heights Ltd.

In Botswana, the group has another subsidiary Kalahari Floor Tiles while in South Africa; it has Tiespro (171) Trading Pty Ltd based in Cape Town. The Group plans to increase its presence in Southern and Eastern Africa in FY2013 to tap into growing opportunites within the constructon industry in the Southern African region.

 

PHYSICAL LOCATION:

Addis Ababa, Enterprise Road, Industrial Area

CHAIRMAN:

 Dr. Christopher Obura

CHIEF EXECUTIVE OFFICER:

Michael Matu

COMPANY SECRETARY:

James Mwando

AUDITORS:

Parker Randall Eastern Africa

BOARD OF DIRECTORS:

  1. Michael Matu - Vice Chairman
  2. Suresh Lakhani
  3. Gladys Kamau
  4. Alex Kimani

 

FINANCIAL REVIEW (Kshs. ‘000)  Year ending 28th  February

ASSETS EMPLOYED

Non-current assets

Current Assets

Current Liabilities

Net Current Assets

Total Net Assets

 

FINANCED BY

Share Capital

Share premium

Non-ditributable reserves

Revenue reserves

Retained earnings

Proposed dividends

Shareholders fund

Non -current liabilities

Minority Interest

Total Financing

 

TURNOVER

Profit Before Taxation

Taxation

Profit / Loss after tax

 

FINANCIAL RATIOS

Current Ratio

Earnings Per Share (Kshs)

Price-to-Earnings Ratio

Dividend Yield  %

Pay-Out Ratio %

Net Asset Value Per Share (Kshs)

Price-to-Book Value

 

MARKET INFORMATION

Dividends Per Share (Kshs)

Share Price as at 28 February

Number of shares in Issue

Market Capitalization (Kshs.)

2012

 1,174,832.00

 692,789.00

 305,346.00

 387,443.00

 1,562,275.00

 

 

 200,000.00

 583,521.00

 

 

 

 4,000.00

 787,521.00

 279,708.00

 495,046.00

 1,562,275.00

 

 618,170.00

 25,481.00

 19,001.00

 6,480.00

 

 

 2.27

 0.16

 24.07

 2.56

 61.73

 39.06

 0.10

 

 

 0.10

 3.90

 40,000,000.00

 156,000,000.00

2013

 1,167,052.00

 730,355.00

 260,928.00

 469,427.00

 1,636,479.00

 

 

 200,000.00

 255,985.00

 

 290,712.00

 44,996.00

 

 791,693.00

 562,117.00

 282,669.00

 1,636,479.00

 

 824,934.00

 10,850.00

 (2,966.00)

 7,884.00

 

 

 2.80

 0.20

 18.52

 -

 -

 40.91

 0.09

 

 

 -

 3.65

 40,000,000.00

 146,000,000.00

2014

 1,183,534.00

 354,807.00

 1,538,341.00

 (1,183,534.00)

 -

 

 

 200,000.00

 255,985.00

 

 354,599.00

 240,558.00

 

 1,051,142.00

 102,966.00

 322,060.00

 1,476,168.00

 

 500,582.00

 28,360.00

 16,683.00

 45,043.00

 

 

 0.23

 1.13

 4.62

 4.81

 22.20

 -

 -

 

 

 0.25

 5.20

 40,000,000.00

 208,000,000.00

2015

 1,093,968.00

 437,441.00

 1,531,409.00

 (1,093,968.00)

 -

 

 

 200,000.00

 255,985.00

 

 148,825.00

 198,968.00

 

 803,778.00

 88,838.00

 364,779.00

 

 

 528,263.00

 1,458.00

 (15,499.00)

 (14,041.00)

 

 

 0.29

 (0.35)

 (17.80)

 -

 -

 -

 -

 

 

 -

 6.25

 40,000,000.00

 250,000,000.00

2016

 1,187,161.00

 419,498.00

 175,841.00

 243,657.00

 1,430,818.00

 

 

 200,000.00

 255,985.00

 

 124,661.00

 209,309.00

 

 789,955.00

 204,415.00

 436,448.00

 1,430,818.00

 

 528,263.00

 27,281.00

 (12,447.00)

 14,834.00

 

 

 2.39

 0.37

 11.59

 -

 -

 35.77

 0.12

 

 

 -

 4.30

 40,000,000.00

 172,000,000.00

2017

 1,202,603.00

 354,201.00

 178,309.00

 175,892.00

 1,378,495.00

 

 

 200,000.00

 255,985.00

 

 124,868.00

 235,507.00

 

 816,360.00

 112,755.00

 449,380.00

 1,378,495.00

 

 537,774.00

 51,044.00

 (11,209.00)

 39,835.00

 

 

 1.99

 1.00

 2.91

 -

 -

 34.46

 0.08

 

 

 -

 2.90

 40,000,000.00

 116,000,000.00