Investor relations

Capital. Transparency. Opportunity.

Kyul Group is structured for the institutional and diaspora investor: clean ownership, ring-fenced SPVs and consolidated, audited reporting. This is where you begin your due diligence.

Established
2018 · Eldoret
Consolidated audit
Annual
Reporting
Quarterly
Capital structure
KES · USD

Group at a glance

FY2025 turnover From KSh 95M in FY2021
KSh 510M
YoY growth FY2024 → FY2025
+59%
3-yr revenue CAGR FY2023 → FY2025
~68%
Operating companies One sub-holding structure
6

The investment case

Why investors choose Kyul.

We originate, design, finance, build and operate bankable projects across Eastern Africa. From a single governance structure, six specialist companies move an opportunity through its entire life, from the first feasibility study to a completed, revenue-generating asset. It is a model built for accountability, for scale, and for the institutional investor who expects to see exactly how value is created.

Integrated delivery

A single Group originates, designs, funds, builds and supplies every project, compressing timelines and removing interface risk.

Clean ownership

All equity flows through Kyul Holdings. No cross-shareholding. Due diligence is simple and the corporate veil is intact.

Ring-fenced risk

Each project sits in its own SPV. Investor equity is insulated from unrelated venture risk.

Audited transparency

Consolidated annual audit, quarterly reporting and a secure investor data room, built for institutional scrutiny.

Proof points

Project value delivered Infrastructure, water & roads
KSh 350M+
Counties active Rift Valley, Western & Nyanza
12+
Local jobs supported Formal employment across sites
600+
Sectors Infrastructure to real estate
5

Performance

Consolidated Group performance.

Illustrative consolidated figures. Audited statements are available in the secure investor data room.

Group turnover · KSh millions

+59% YoY
600M450M300M150M0M20212022202320242025

FY2021 – FY2025, consolidated across the six operating companies.

Revenue mix by company · FY2025

KSh 510MGroup
  • Engineering38%
  • Enterprises22%
  • Investment16%
  • Projects12%
  • Ventures8%
  • Holdings4%

Share of consolidated FY2025 turnover by operating company.

Governance & structure

Clean ownership, by design.

Kyul Group Inc. is the ultimate parent and brand. Kyul Holdings Limited sits beneath it as the sub-holding vehicle, holding equity in the five operating companies. No operating company holds shares in another. Every inter-company shareholding flows through Holdings, keeping ownership clean and due diligence simple.

Ownership chain: Kyul Group Inc. owns Kyul Holdings Limited, which holds equity in the five operating companies. No operating company holds shares in another.

Strategic parent

Kyul Group Inc. owns the brand, sets strategy and policy, and exercises board-level oversight of every subsidiary.

Financial structuring vehicle

Kyul Holdings Limited manages equity, treasury and shared services, the financial backbone of the Group.

Ring-fenced risk

Each operating company is a separate legal entity. If one venture struggles, the others are protected, and so is investor equity.

Audited & accountable

Consolidated annual audit, quarterly board packs and a delegated-authority matrix govern every material decision.

Governance instruments

  • Memorandum & Articles of Association
  • Board Charter & Delegated Authority Matrix
  • Anti-Bribery & Conflict-of-Interest Policy
  • Group Financial Controls Policy

Secure data room

Ready to look under the bonnet?

Access financials, reports, governance and the project pipeline — released to verified investors in the secure data room.

Inside the data room

  • Consolidated Audited Financial Statements 2025Financials · PDF · 3.6 MB
  • Management Accounts (Q4 2025)Financials · PDF · 1.2 MB
  • Cap Table & Share Register (Kyul Holdings)Governance · XLSX · 180 KB
  • SPV Structure & Inter-company Loan ScheduleGovernance · PDF · 900 KB
  • Project Pipeline & Capital Deployment PlanStrategy · PDF · 2.1 MB
  • Risk Register & Insurance SummaryRisk · PDF · 740 KB