July 21, 2026
R.A. Williams Distributors Limited (RAWILL)
Audited financials for the twelve months ended April 30, 2026:
R.A. Williams Distributors Limited (RAWILL) for the twelve months ended April 30, 2026, reported a 23% increase in Revenue totalling $1.98 billion compared to $1.60 billion in the corresponding period last year. Revenue for the fourth quarter increased by 31% to $531.99 million compared to $407.32 million for the comparable quarter of 2025.
Cost of Sales amounted to $1.19 billion (2025: $860.47 million), representing an increase of 38% year over year. Consequently, Gross Profit increased by 6% to $784.82 million compared to $740.22 million for the twelve months ended April 30, 2025. Gross Profit for the fourth quarter amounted to approximately $200.62 million, compared to $175.31 million for the corresponding quarter of 2025.
Administrative and General Expenses increased marginally by 1% to $403.88 million from $401.05 million in 2025, while Selling and Distribution Expenses increased by 27% to $293.48 million from $231.60 million in the prior year. As a result, Total Expenses for the twelve months ended April 30, 2026 amounted to $697.36 million, representing a 10% increase relative to $632.65 million reported in 2025.
Operating Profit for the twelve months ended April 30, 2026 amounted to $87.47 million, representing a 19% decrease from $107.57 million reported in 2025. Operating Profit for the fourth quarter amounted to approximately $26.86 million, compared to $25.72 million in the corresponding quarter of 2025.
Other Income increased by 64% to $287,372 compared to $175,393 in the prior year. Finance Costs remained relatively flat at $71.09 million compared to $71.02 million in 2025.
Profit Before Taxation for the twelve months ended April 30, 2026 amounted to $16.67 million, representing a 55% decrease from $36.73 million in 2025. Taxation reflected a credit of $225,690, compared to a taxation charge of $8.15 million in the prior year. Consequently, Net Profit for the year declined by 41% to $16.89 million compared to $28.58 million in 2025.
Consequently, Earnings Per Share for the twelve months amounted to $0.01 compared to $0.02 in 2025. The twelve-month trailing EPS was approximately $0.01, and the number of shares used in these calculations was 2,000,000,000.
Notably, RAWILL’s stock price closed the trading period on July 20, 2026 at $0.39, This represents a P/E ratio of approximately 46.17x.
Balance Sheet Highlights
The company’s Total Assets amounted to $1.51 billion at April 30, 2026, representing a 13% decrease from $1.75 billion in 2025. The decline was mainly driven by Trade and Other Receivables, which fell to $384.65 million from $554.71 million. Property, Plant and Equipment also decreased to $66.67 million from $113.38 million, while Right-of-Use Assets declined to $245.51 million from $287.60 million.
Shareholders’ Equity increased to $787.10 million from $770.20 million in 2025, representing a book value per share of approximately $0.39 in both periods.
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