Shri Krishana Overseas Plc

Shri Krishana Overseas PLC (SKL) is a leading Kenyan manufacturer specializing in packaging solutions and footwear. Founded in 2009 by Dr. Sonvir Singh and Nirmal Chaudhary (also referenced as Nirmla Devi), the company began as a trading firm in rice and spices before transitioning to manufacturing corrugated carton packaging in 2014. It operates two core divisions: packaging, which includes 3-ply, 5-ply, and 7-ply corrugated boxes, mono-boxes, tray packaging, labels, tapes, custom containers, and printing services; and footwear under the 'SKL Shoes' brand, offering affordable and durable options for local and regional markets. SKL serves diverse sectors such as manufacturing, floriculture, agriculture, pharmaceuticals, and FMCG, with clients including East Africa Growers and Dinlas Pharma Ltd.

From its base in Nairobi's Imara Daima area, SKL has grown significantly, employing over 150 people and operating 48 advanced carton manufacturing machines. The company achieved remarkable 4,000% turnover growth in its first year and sustained expansion through the COVID-19 pandemic. It listed 50.5 million shares on the Nairobi Securities Exchange's SME Segment on July 24, 2025, at KSh 5.90 per share, marking the first listing since 2020 and Kenya's first listed packaging firm, with a listing value of approximately KSh 298 million. This move enhances liquidity, visibility, and access to capital for expansion, including a state-of-the-art plant in Kajiado County (Kisaju) nearing completion to boost production capacity from 2,400 to 24,000 tonnes annually.

SKL holds a strong position in Kenya's KSh 65.8 billion packaging market, driven by demand from manufacturing and floriculture, with a focus on innovation, affordability, environmental sustainability, digital printing, smart labeling, and eco-friendly materials. Financially, revenue grew from KES 130.25 million in 2021 to KES 309.86 million in 2024, with gross profit rising 27.4% to KES 97.79 million in 2024, reflecting improved profitability and scale efficiencies ahead of capacity expansion.