Alwasail Industrial Company
9525.SR
Saudi Exchange3.38
SAR
-0.08
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Alwasail Industrial Company
9525.SR
(Saudi Exchange)
Recent
price
3.38
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Alwasail Industrial Company manufactures and sells polyethylene (HDPE and LDPE) pipes and fittings in the Kingdom of Saudi Arabia, Egypt, Oman, and the United Arab Emirates. The company produces irrigation, portable water, gas, industrial, wastewater drainage, telecom pipes and ducts; barbed, compression, electrofusion, and low-cost fittings; rubber rings, joint seals; and foam rubber insulation tubing and flat sheets for air conditioning pipes and ducts through its affiliate Saudi Rubber Products (SRP). Its products serve sectors including potable and non-potable water supply lines, sewage, sea water intake-outfalls, oil and gas infrastructures, agricultural and landscape irrigation, communications, firefighting, and power supply cable protection. Founded in 1979 as Alwasail Agricultural Company and renamed Alwasail Industrial Company in 1990, the company is headquartered in Buraydah, Qassim Region, Saudi Arabia, with four manufacturing plants for pipes and fittings, one for SRP, over 25 branches in the Kingdom, and additional branches in Gulf states and Egypt. Alwasail operates a central warehouse and dedicated transport fleet for direct deliveries, maintaining ISO 9001 accreditation and pre-approvals from major clients such as Aramco, Sabic, and Maaden. In June 2023, Alwasail signed a purchase agreement to acquire Shawcor CPS Middle East Limited, including its 45,000 square meter production facility in Dammam for composite pipe systems in oil and gas, financed from internal resources with financial impacts expected from H1 2024 pending regulatory approvals. The company transformed into a closed joint stock company in 2012 and listed on the NOMU market under ticker 9525.SR, reporting SAR 26.2 million net profit for 9M 2025. Recent activities include participation in IKTVA 2025 and COP 16 exhibitions, alongside advanced Soil Cell system installations.