1. South Africa Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Astral Foods Limited

Astral Foods Limited

JJSE:ARL
20,800.00
ZAC
+374.00
(+1.83%)
982.28BMarket Cap
Nov 23Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
223.56
251.56
291.38
309.02
320.65
334.72
347.51
359.49
411.2
503.22
501.08
532.74
587.38
- -
Basic EPS, GAAP
5.45
8.84
20.13
9.64
19.63
36.91
16.59
14.35
12.25
27.81
-13.33
19.59
22.76
- -
Free Cash Flow per Basic Share
-1.68
5.47
11.6
5.28
22.58
22.09
8.3
14.15
10.93
24.47
-35.63
29.06
34.83
- -
Dividend per Share
3.36
4.21
8.15
9.65
2.8
18.74
15.24
4.26
10.73
11.89
5.88
- -
7.4
- -
Book Value per Share
44.16
49.95
61.05
61.07
78.15
96.06
97.45
106.08
107.6
124.65
104.5
123.64
139.5
155.15
Tangible Book Value per Share
39.92
45.94
57.16
56.55
73.19
90.97
92.42
101.13
102.78
120.42
100.27
119.53
135.5
151.18
Basic Weighted Avg Shares
38
38
39
39
39
39
39
39
39
38
38
38
39
39
Sales/Revenue/Turnover
8,509
9,602
11,266
11,954
12,417
12,979
13,485
13,932
15,866
19,334
19,251
20,480
22,619
- -
Operating Margin (%)
2.92
4.89
9.75
4.47
8.26
14.94
6.46
5.6
4.43
7.1
-3.95
4.14
5.21
- -
Depreciation Expense
123
135
153
144
149
152
176
403
425
308
310
321
331
- -
Net Income, GAAP
208
338
778
373
760
1,431
644
556
473
1,068
-512
753
876
- -
Effective Tax Rate (%)
26.78
27.42
28.68
29.27
29.02
28.07
29.05
28.26
30.6
26
- -
26.46
27.66
- -
Profit Margin (%)
2.44
3.51
6.91
3.12
6.12
11.03
4.77
3.99
2.98
5.53
-2.66
3.68
3.87
- -
Working Capital
405
434
755
788
1,420
1,978
1,843
1,472
1,692
2,374
1,160
2,241
2,948
3,436
LT Debt
145
156
35
- -
- -
- -
- -
366
274
231
182
126
205
136
Total Equity
1,695
1,945
2,372
2,373
3,039
3,737
3,796
4,122
4,161
4,786
4,019
4,752
5,375
5,977
Return on Invested Capital (%)
10.09
16.42
31.15
13.91
24.49
39.44
15.99
13.43
10.18
21.15
- -
13.63
15.31
- -
Return on Capital (%)
11.89
16.41
31.73
14.3
26.22
41.43
17
14.3
10.61
21.82
- -
14.54
15.96
- -
Return on Common Equity (%)
12.71
18.7
36.27
15.79
28.21
42.37
17.14
14.1
11.45
23.92
-11.63
17.17
17.31
- -

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
144
117
120
LT Borrowings
- -
- -
- -
LT Finance Leases
177
205
136
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
39
39
Market Capitalization
6,266
7,908
9,823

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
5,035
5,650
6,156
Cash, Cash Equivalents & STI
272
1,041
1,152
Accounts Receivable, Net
2,048
2,015
2,330
Inventories
2,713
2,426
2,670
Total Current Liabilities
2,807
2,702
2,719
Payables & Accruals
- -
- -
- -
ST Debt
144
117
120
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.25%
6.25%
13.09%
Free Cash Flow
-2.77%
-61.44%
20.09%
Net Income, GAAP
-19.61%
-53.5%
16.4%
Sales/Revenue/Turnover
7.39%
10.43%
10.45%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
20,480
2025
- -
- -
22,619
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
19.59
2025
- -
- -
22.76
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
7.4
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Gary Desmond Arnold
Full Time Employees
14,249
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Lanseria Corporate Estate Johannesburg South Africa 1748
IPO Date
Apr 9, 2001
Website
astralfoods.com
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Business
Astral Foods Limited is South Africa's largest integrated poultry producer, engaged in the manufacture of animal feeds, broiler genetics, production and sale of day-old chicks and hatching eggs, breeder and broiler production, processing and distribution of fresh, frozen and value-added poultry products; it also provides laboratory analytical services to the animal feed industry. The company operates through Poultry, Feed and Other segments, offering products under brands including Goldi, County Fair, Festive, Meadow Feeds, National Chicks, Ross, CAL, Tiger Chicks, Tiger Animal Feeds, Mountain Valley, Earlybird and SupaStar. Founded in 2001 and headquartered in Centurion, Gauteng, South Africa, Astral Foods conducts operations primarily in South Africa, with feed businesses in Zambia and Mozambique. Recent developments include the implementation of Project 3R turnaround strategy, which drove a 461% rebound in operating earnings and return to profitability with headline earnings per share of R19.20 for the fiscal year ended September 2024; divestiture of its 9.8% stake in Quantum Foods for R141.7 million in early 2024 to enhance liquidity; acquisition of stakes by new investors Truffle Asset Management (10.48%) and Mianzo Asset Management (5.16%) in mid-2024; receipt of permission on 30 June 2025 to vaccinate poultry breeding stock against bird flu; and a voluntary trading statement in October 2025 indicating 5-15% growth in headline earnings per share for the year ended September 2025.