73.54% of 40,000 USDC
Elysium Ventures Limited is a privately held company registered in Kenya, specializing in the import, rental, and sale of construction and agricultural machinery. Its operations are primarily B2B, serving construction contractors, agricultural cooperatives, logistics companies, and government-affiliated entities. The company operates mainly within Nairobi and surrounding counties, supplying both new and pre-owned equipment sourced from China, Japan, the UAE, and Europe.
Key business lines include short- and medium-term rental of tractors, excavators, cranes, bulldozers, wheel loaders, and agricultural attachments, as well as direct machinery sales, including bespoke project-based imports.
Key figure and expertise
Owner and CEO: Emmy Nyabari Kalusa (100% equity). She has hands-on expertise in procurement management, fleet planning, and maintaining supplier and client relationships. Ms. Kalusa directly oversees strategic development and operational performance, including interaction with key clients and suppliers.
Operational footprint
Headquarters: Nairobi, Kenya. Storage facilities and equipment fleets are located in a central service area, enabling prompt delivery to clients. Maintenance is conducted partly by in-house mechanics and partly via specialized third-party service providers.
Product & service portfolio
● Rental of construction machinery (cranes, excavators, bulldozers, wheel loaders)
● Rental of agricultural machinery and attachments (tractors, ploughs, seeders, sprayers)
● Machinery sales with turnkey delivery and customized project-based imports
● Local delivery and basic technical support
Key clients and target market
The client base spans major construction companies such as Epco Builders Limited, Hayer Bishan Singh & Sons Limited, and Mandhir Construction Limited, as well as agricultural cooperatives in high-demand counties including Kiambu, Naivasha, and Nakuru. For 2026, the company holds confirmed contracts totaling €723,350. These agreements, along with recurring rental commitments, provide a visible and diversified revenue pipeline.
Competitive advantages
● Diversified fleet of over 30 units of construction and agricultural machinery
● Established import channels enabling competitive pricing
● Repeat and project-based orders from major clients
● Ability to combine recurring rental income with high-margin one-off sales
Integration in supply chains
The company maintains stable relationships with suppliers in Asia, Europe, and the Middle East, as well as long-term ties with clients. This reduces commercial risk and ensures reliable procurement and delivery cycles.
Key financial indicators (€)
Year | Revenue | Gross Profit | Operating Profit | Interest expenses | Net Profit |
2021 | 856,989 | 342,424 | 220,085 | – | 153,343 |
2022 | 975,200 | 408,905 | 282,446 | – | 196,256 |
2023 | 1,066,496 | 470,745 | 327,214 | – | 227,000 |
2024 | 1,124,395 | 501,633 | 357,718 | – | 248,630 |
01.2025 - 11.2025 | 1,020,052 | 484,222 | 342,324 | – | 239,627 |
12.2025 (proj.) | 105,347 | 57,881 | 44,859 | 5,688 | 27,420 |
2026 (proj.) | 1,338,350 | 535,831 | 379,312 | 101,563 | 194,424 |
Margin analysis summary
Metric / Year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
Gross profit margin (%) | 39.96% | 41.93% | 44.14% | 44.61% | 48.17% | 40.04% |
Operating profit margin (%) | 25.68% | 28.96% | 30.68% | 31.81% | 34.40% | 28.34% |
Net profit margin (%) | 17.89% | 20.12% | 21.28% | 22.11% | 23.73% | 14.53% |
Year-over-Year (YoY) performance summary
Comparison | Revenue Growth (%) | Gross Profit Growth (%) | Operating Profit Growth (%) | Net Profit Growth (%) |
2022 vs 2021 | 13.79% | 19.41% | 28.33% | 27.98% |
2023 vs 2022 | 9.36% | 15.12% | 15.85% | 15.67% |
2024 vs 2023 | 5.43% | 6.56% | 9.32% | 9.53% |
2025 vs 2024 | 0.09% | 8.07% | 8.24% | 7.41% |
2026 vs 2025 | 18.92% | -1.16% | -2.03% | -27.19% |
Revenue and profitability analysis
From 2021 to 2024, Elysium Ventures Limited increased revenue by 31% and net profit by nearly 62%. Growth drivers included expansion of the rental fleet, execution of repeat contracts with construction and agricultural clients, and increased share of higher-margin equipment sales. Cost of goods sold as a percentage of revenue declined, reflecting improved procurement terms and operational efficiency. No significant one-time extraordinary expenses were reported in the period.
Margin analysis
Gross margin improved from ~40% in 2021 to 44.6% in 2024, indicating stronger pricing power and disciplined cost management. Net margin increased from 17.9% to 22.1% over the same period, underscoring the company’s ability to translate top-line growth into bottom-line gains.
Year-over-year comparison and trend interpretation
● 2022 vs 2021: Revenue up 13.8%, gross profit up 19.4%, net profit up 28%, reflecting effective cost control and higher equipment utilization.
● 2023 vs 2022: Revenue up 9.4%, net profit up 15.1%, driven by balanced growth in rental and sales segments.
● 2024 vs 2023: Revenue up 5.4%, net profit up 9.5%, with margin expansion continuing despite modest top-line growth.
Investment-oriented insights
The company has maintained profitability across all periods without incurring significant debt, supporting financial flexibility. Its diversified income streams provide resilience to sector-specific downturns. Forecasts for 2025 and 2026 remain conservative, incorporating only confirmed contracts and factoring in full loan interest servicing while retaining positive margins.

Strategic vision
Elysium Ventures Limited will maintain its dual-track model of machinery rental and sales, while prioritizing the expansion of its construction equipment supply operations. This focus directly aligns with strong and documented demand from the Nairobi construction sector. Agricultural clients, particularly cooperatives around Nairobi, will continue to be served, but growth in 2026 will be anchored by high-value supply contracts.
Confirmed expansion initiatives
● Execution of two secured equipment supply contracts in 2026 with a combined procurement cost of €567,626 and expected revenue of €723,350.
● Contract 1: Epco Builders Limited — delivery of cranes, excavators, wheel loaders, and bulldozers (procurement cost €368,476).
● Contract 2: Hayer Bishan Singh & Sons Limited — delivery of graders and asphalt pavers (procurement cost €199,150).
● All equipment to be procured, delivered, and commissioned within 2026.
● Financing via a €550,000 loan disbursed in tranches, tied to verified procurement and delivery stages, ensuring liquidity control and risk minimization.
Capacity and output impact
● Entry into mid-scale equipment supply positions the company to serve larger infrastructure projects in Nairobi and surrounding counties.
● Ability to deliver multiple high-value contracts within a 6–9 month window, significantly increasing annual turnover potential.
● Retention of the rental division ensures stable recurring income alongside episodic high-margin sales.
Financial impact
● Revenue from confirmed 2026 contracts alone represents over 60% of the company’s 2025 turnover.
● Post-execution, proven delivery capacity is expected to attract similar-scale contracts in 2026 and beyond.
● Loan structure incorporates all interest and principal repayment obligations without undermining operational cash flow.
Operational efficiencies
● Established logistics, supplier networks, and procurement processes will reduce lead times and operational bottlenecks.
● Use of tranche-based financing aligns capital deployment with contract milestones, lowering idle capital costs.
Investment-oriented insights
Elysium’s growth plan is anchored in confirmed demand and contractual commitments, minimizing speculative risk. The strategic shift toward larger-scale supply contracts diversifies revenue composition and demonstrates the company’s readiness to scale within the Kenyan market while maintaining financial discipline.
Loan purpose and amount
Elysium Ventures Limited is requesting a loan of €550,000 to finance the procurement and delivery of construction machinery under two confirmed contracts with Epco Builders Limited and Hayer Bishan Singh & Sons Limited. The total procurement requirement is €567,626, with expected contract revenue of €723,350. The financing will be used exclusively for these orders, with a defined scope and delivery timeline in 2026.
Planned asset acquisition
Contract / Client | Equipment Categories | Procurement Cost (€) |
Epco Builders Ltd | Cranes, excavators, wheel loader, bulldozer | 368,476 |
Hayer Bishan Singh & Sons Ltd | Grader, asphalt paver | 199,150 |
Total | 567,626 | |
Additional allocation includes international freight, customs clearance, and staged supplier payments tied to verified milestones.
Alignment with revenue inflows
Repayment is scheduled to align with client payment milestones from the confirmed 2026 contracts, ensuring principal repayments coincide with revenue realization.
Collateral reference
The loan is secured by a collateral package exceeding 240% of the loan value, comprising fixed assets, financial reserves, and contractual supply equipment.
General overview
The €550,000 loan is secured by a diversified collateral package consisting of:
● Tangible fixed assets (construction and agricultural machinery, agricultural equipment).
● Company financial reserves.
● Machinery under current supply contracts, with legal title retained until full client payment.
These assets have active secondary markets, providing stable liquidation potential.
Fixed asset collateral – owned equipment
Category | Estimated market value (€) |
Construction machinery | 373,524 |
Agricultural machinery | 267,362 |
Agricultural equipment | 84,237 |
Total fixed assets | 725,123 |
Committed financial reserves
Reserve type | Amount (€) |
General financial reserve | 68,306 |
Rental operations reserve | 44,000 |
Total reserves | 112,306 |
Equipment under confirmed contracts (2026)
Client | Equipment | Value (€) |
Epco Builders Ltd | Cranes, excavators, wheel loader, bulldozer | 333,476 |
Hayer Bishan Singh & Sons Ltd | Grader, asphalt paver | 169,150 |
Total contract equipment | 502,626 | |
Coverage confirmation
Collateral component | Value (€) |
Fixed assets | 725,123 |
Financial reserves | 112,306 |
Contractual supply equipment | 502,626 |
Total coverage | 1,340,055 |
Coverage ratio
● Total collateral value ÷ Loan principal (€550,000) = ~2.44 (over 240% coverage)
Conclusion
The pledged assets are sufficient to fully cover the loan principal and interest exposure. The collateral mix includes high-demand, marketable equipment and liquid reserves, ensuring strong protection for the lender while supporting operational continuity.
Elysium Ventures Limited is a privately held company registered in Kenya, specializing in the import, rental, and sale of construction and agricultural machinery. Its operations are primarily B2B, serving construction contractors, agricultural cooperatives, logistics companies, and government-affiliated entities. The company operates mainly within Nairobi and surrounding counties, supplying both new and pre-owned equipment sourced from China, Japan, the UAE, and Europe.
Key business lines include short- and medium-term rental of tractors, excavators, cranes, bulldozers, wheel loaders, and agricultural attachments, as well as direct machinery sales, including bespoke project-based imports.

Regional market overview
Elysium Ventures Limited operates in two principal industrial segments in Kenya and the East African Community (EAC): construction equipment rental and sales, and agricultural equipment rental and sales. These markets are shaped by structural drivers such as public infrastructure investment, agricultural mechanization, and rising demand for cost-efficient access to heavy machinery.
Construction equipment market – Kenya & EAC
● Estimated 2023 market size in Kenya: €585–645 million annually (rentals: €285–295 million; direct sales: €300–350 million).
● Nairobi and surrounding counties account for over 60% of national demand.
● EAC-wide market exceeds €800 million, supported by road construction, energy projects, urban expansion, and regional logistics development.
● Rental demand is driven by contractors prioritizing flexibility and reduced capital commitments for short- and mid-term projects.
● Sales are driven by fleet expansion and long-term capital planning by larger contractors.
● Market is import-dependent, with lead times of 2–10 weeks and prices affected by import duties, VAT, and exchange rate fluctuations.
Agricultural equipment market – Kenya
● Estimated market size: €460–690 million annually (rentals: €60–100 million).
● Demand growth is fueled by cooperative and private farm mechanization, particularly in Kiambu, Nakuru, Machakos, Nyeri, and Meru counties.
● Rental demand is seasonal, tied to planting and harvesting cycles; core rental items include tractors, disc ploughs, planters, and sprayers.
● Sales activity is more common among larger cooperatives and agribusinesses with reliable financing or access to state-backed programs.
● Mechanization rates remain below 40%, indicating significant long-term growth potential.
Country-specific conditions and competitive landscape
● Geographic concentration of demand in urban and peri-urban areas.
● Informal competition remains a factor in both sales and rentals, with varying quality and service standards.
● Regulatory influences include import duties, VAT, and technical compliance for machinery.
Company’s market position
● Operates primarily in the B2B segment, serving construction contractors, cooperatives, and large-scale farms.
● Maintains a diversified portfolio of over 30 units of construction and agricultural machinery.
● Offers a hybrid revenue model combining recurring rental income with high-margin one-off sales.
Key clients
Construction sector: Epco Builders Limited, Hayer Bishan Singh & Sons Limited, Mandhir Construction Limited, Meera Construction Limited, Visaro Construction Company Limited, Douglas Projects Limited.
Agricultural sector: Githunguri Dairy Farmers Co-operative Society, Kabete Farmers Co-operative Society, Limuru Dairy Farmers Co-operative Society, Machakos Farmers Co-operative Union, and other cooperatives and private farmers in high-demand counties.
Investment-oriented insights
The company’s presence in two structurally expanding markets—urban infrastructure and agricultural mechanization—provides a balanced demand base and resilience to sector-specific fluctuations. Its established relationships with repeat clients and cooperatives, coupled with its import and delivery capabilities, position it to capture growth opportunities within the domestic market.