Nairobi Business Ventures(NBV) Plc Board of Directors has issued a profit warning for the financial year ending March 2026.
The listed NBV, which has originally a shoe company, expects its total earnings to decline by at least 25% compared to the previous financial year, March 2025.
According to a statement from the NBV Board, this projected drop is attributed to challenging market conditions and pressure across its key operating segments.
“The board remains committed to enhancing operational efficiency, strengthening its strategic positioning, and implementing appropriate measures to ensure long-term sustainability and value creation for shareholders,” said the firm’s Board in a statement.
NBV has assured shareholders, potential investors and the public that it will continue improving and adjusting its operations to remain competitive and create value.
The firm has also notified its shareholders, stakeholders and the general public that it has relocated its physical office from Shreeji House, North Airport Road, Embakasi in Nairobi to Delta Automobile Building, Beijin Road, Nairobi-Mombasa Highway in Mlolongo.
NBV Plc, incorporated in 2012 is a public limited company listed at Nairobi Bourse since June 2016.
The firm commenced its business operations as a wholesaler and retailer of premium leather products, however, due to the economic recession and lack of demand, NBV opted to diversify its business into more sustainable industries such as the trading, manufacturing and service sector.
This diversified business approach was taken to protect the shareholder’s interest and other stakeholders against ups and downs in the business environment due to internal and external factors.
Nairobi Business Ventures appears to have abandoned its trading of Cement & Steel as well as to establish itself as a Cement Manufacturer. It is now left with Automobile and Aviation Service provider with its expansion and diversification plans.
Nairobi Business Ventures H1 2025/26 Financials
According to its unaudited half-year financials for the six months’ period ended 30th September 2025, the period remained challenging for the NBV. The group narrowed its H1 net loss to KSh 78.3m from KSh 99.03m in H1 2024. The group’s balance sheet, however, grew marginally from KSh 3.1 billion in H1 2024 to KSh 3.3 billion in H1 2025.
The firm’s trading and truck maintenance divisions, in particular, has been severely hit. However, the aviation business recorded an improved performance in H1.
The firm’s trading division has been negatively impacted by slow market activity and intense competition, which affected margins. To reduce the losses, NBV temporarily paused trading. The firm said it is still evaluating new opportunities and trading lines for long term sustainable value.
Delta Automobile Limited, its truck maintenance division, has continued to face challenges in the logistics sector, including high operational and finance costs as well as fall in revenues arising from loss of business. Management has been actively pursuing new business in order to fully utilise the installed facilities.
Nairobi Business Ventures has also been reviewing opportunities in the real estate sector on Delta Cement’s land now that the cement idea is unlikely to proceed. Delta cement owns 28 acres next to Mombasa Road and the firm feels that this is prime land that should be generating cash for the business.
Nairobi Business Ventures has also been actively new partnerships and broadening of competencies in order for its truck management business to serve multiple brands.
According to financial analysts at Ketu Capital, despite the expected downturn, Nairobi Business Ventures has indicated a focus on Improving operational efficiency, strengthening strategic positioning and enhancing long-term value creation
A profit warning of this magnitude signals underlying strain in business performance. Investors are advised to closely monitor upcoming financial results and strategic execution to assess NBV recovery potential.
Nairobi Business Ventures originally sold K-Shoe brand but pivoted after a 2020 buyout by Dubai-based Delta International FZE for KSh 83 million.
ALSO READ: Nairobi Business Ventures Shifts Strategy After Capital Injection
Leave a comment