1. Saudi Arabia Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Saudi Industrial Development Co.

Saudi Industrial Development Co.

2130.SR
Saudi Industrial Development Co.SA flagSaudi Exchange
16.56
SAR
-0.04
- -
223.55MMarket Cap
Saudi Industrial Development Co.
2130.SR
(Saudi Exchange)

Recent

price

16.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.07
13.4
14.99
15.25
15.06
15.52
12.37
11.45
9.07
9.13
7.85
7.78
7.41
2.43
8.06
5.38
4.04
Revenue per Share
4.18
1.12
1.58
1.69
0.33
-0.9
- -
-0.49
-1.43
-1.87
-0.15
-1.17
-1.85
-1.2
-0.99
-4.84
-3.8
Basic EPS, GAAP
0.94
- -
1.25
1.54
0.45
1.2
0.42
-0.12
-0.46
-0.04
0.67
-0.16
-0.68
-0.25
-1.73
-2.59
-2.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.14
- -
- -
- -
0.18
- -
- -
Dividend per Share
33.56
- -
36.89
- -
- -
- -
- -
- -
- -
17.84
17.87
16.81
16.06
4.27
15.36
17.71
13.09
Book Value per Share
17.31
- -
17.67
- -
- -
- -
17.16
- -
- -
7.79
7.35
7.09
5.36
1.16
2.71
7.87
5.62
Tangible Book Value per Share
21
21
21
21
21
21
21
21
21
21
21
21
21
62
17
18
24
Basic Weighted Avg Shares
232
281
314
320
316
326
260
240
190
191
165
163
155
151
138
99
97
Sales/Revenue/Turnover
2.6
9.69
11.58
9.32
3.04
5.59
2.5
-2.01
-15.41
-12.94
-1.2
-11.77
-20.15
-13.72
-9.19
-32.1
-32.42
Operating Margin (%)
11
- -
- -
- -
- -
- -
- -
- -
- -
14
15
15
16
16
11
12
12
Depreciation Expense
88
23
33
35
7
-19
- -
-10
-30
-39
-3
-24
-39
-74
-17
-89
-91
Net Income, GAAP
4.93
14.02
15.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
37.79
8.35
10.55
11.1
2.2
-5.82
0.01
-4.25
-15.82
-20.48
-1.97
-15.02
-24.96
-49.32
-12.28
-90.13
-94.08
Profit Margin (%)
118
- -
167
187
194
189
151
140
111
52
31
19
2
-17
-6
108
95
Working Capital
56
- -
- -
- -
- -
- -
- -
- -
- -
6
7
8
5
7
9
15
15
LT Debt
386
- -
370
- -
- -
- -
360
- -
- -
226
217
211
175
105
79
145
135
Total Equity
1.11
9.51
14.71
14.17
- -
- -
3.61
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.01
5.8
8.15
8.74
- -
- -
54.47
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
13.37
6.67
8.57
9.17
- -
- -
- -
- -
- -
-20.96
-0.87
-6.74
-11.25
-24.73
-6.41
-30.3
-42.04
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
31
8
8
LT Borrowings
10
7
6
LT Finance Leases
5
8
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
30
30
Market Capitalization
569
236
264

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
69
159
150
Cash, Cash Equivalents & STI
2
104
94
Accounts Receivable, Net
20
21
21
Inventories
42
29
28
Total Current Liabilities
91
51
55
Payables & Accruals
- -
- -
- -
ST Debt
31
8
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.17%
83.93%
Free Cash Flow
-150.41%
73.99%
61.06%
Net Income, GAAP
-2,627.41%
230.86%
426.8%
Sales/Revenue/Turnover
-10.74%
-9.1%
-28.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
43
29
28
38
138
2025
24
28
24
23
99
2026
22
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
-0.35
-0.54
- -
-0.99
2025
-0.55
-0.4
-0.38
- -
-4.84
2026
-0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Saudi Industrial Development Co. Saudi Industrial Development Co. (SIDC) is a Saudi joint stock company listed on the Saudi Exchange that manufactures and sells sanitary wares and sponge products through its subsidiaries in the Kingdom of Saudi Arabia. The company operates primarily through affiliates including the SIDC Ceramic plant in Yanbu Industrial City, which produces ceramic sanitary wares and acrylic bathtubs; Global Marketing Company for Sleeping Systems Ltd. (Sleep High), which manufactures mattresses, pillows, and related accessories; and others involved in sponge products, industrial fibers, polyurethane foam, petrochemicals, porcelain products, storage, and logistics services. SIDC also engages in investment and development activities across sectors such as foodstuffs, salt, synthetic rubber, and wholesale/retail trade of cement, gypsum, natural marbles, industrial tubes, pipes, kitchens, and ceramic/porcelain products, with operations focused on the Jeddah area and nationwide. Founded in 1992 and headquartered in Jeddah, the company targets industrial and consumer markets in Saudi Arabia. In recent developments, SIDC completed a 66.25% capital reduction in 2024 from SAR 400 million to SAR 135 million to offset accumulated losses; secured Capital Market Authority approval in August 2025 for a 122.22% capital increase via a SAR 165 million rights issue, approved by shareholders in November 2025 with subscription closing in late November 2025 to fund operations and enhance financial position; and in November 2025 corrected an accounting treatment by reclassifying SAR 132.9 million related to its stake in Arabian Industrial Fibers Co. from accumulated losses to fair value reserves under IFRS, with restatements planned for 2025 financials.