Argent Industrial Limited

Argent Industrial Limited

4,328.00
ZAC
+98.00
(+2.32%)
170.89BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
20.54
19.54
18.63
20.36
20.36
20.81
23.48
32.77
42.21
44.07
45.9
48.42
52.62
- -
Basic EPS, GAAP
-2.11
0.28
0.6
0.68
-2.05
1.01
1.31
2.17
3.3
4.13
4.42
4.96
5.43
- -
Free Cash Flow per Basic Share
-0.06
0.5
0.22
0.35
0.9
1.13
1.33
3.76
0.99
1.88
3.64
3.72
4.43
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
12.42
11.92
12.39
12.83
11.45
13.05
16.74
19.1
22.38
26.84
31.15
34.88
38.37
38.37
Tangible Book Value per Share
10.54
10.13
10.55
10.59
10.46
11.07
14.22
15.65
17.93
21.84
25.77
27.53
31.14
31.14
Basic Weighted Avg Shares
92
92
92
91
90
83
74
60
58
56
55
54
54
54
Sales/Revenue/Turnover
1,880
1,791
1,707
1,849
1,828
1,722
1,728
1,966
2,433
2,459
2,544
2,636
2,839
- -
Operating Margin (%)
100
21.9
5.35
5.73
-10.5
6.95
7.72
9.64
10.86
12.46
13.38
14.1
14.28
- -
Depreciation Expense
38
34
31
33
25
25
55
52
55
56
52
63
69
- -
Net Income, GAAP
-194
26
55
62
-184
84
96
130
190
231
245
270
293
- -
Effective Tax Rate (%)
- -
23.85
25.44
27.5
- -
25.81
17.48
24.9
23.96
19.3
26.32
24.52
26.06
- -
Profit Margin (%)
-10.29
1.46
3.23
3.34
-10.07
4.87
5.57
6.63
7.82
9.37
9.63
10.24
10.32
- -
Working Capital
365
412
468
490
497
495
600
588
687
865
1,016
1,040
1,169
1,169
LT Debt
93
33
24
37
14
7
210
135
124
96
74
101
90
90
Total Equity
1,147
1,161
1,199
1,238
979
1,033
1,047
1,133
1,277
1,513
1,722
1,928
2,067
2,067
Return on Invested Capital (%)
- -
3.14
4.96
5.52
- -
8.13
9.2
10.85
14.19
15.42
14.11
13.88
13.65
- -
Return on Capital (%)
- -
3.1
4.96
5.37
- -
7.83
9.04
10.82
14.26
15.1
14.15
13.98
13.63
- -
Return on Common Equity (%)
-15.57
2.28
4.71
5.12
-16.86
8.48
9.43
12.16
16
16.73
15.36
15.02
14.88
- -

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
53
50
38
LT Borrowings
10
17
16
LT Finance Leases
91
79
74
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
53
Market Capitalization
1,366
1,529
1,709

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,793
1,814
1,836
Cash, Cash Equivalents & STI
487
547
629
Accounts Receivable, Net
377
475
362
Inventories
783
792
716
Total Current Liabilities
753
720
667
Payables & Accruals
- -
- -
- -
ST Debt
53
50
38
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.16%
12.82%
7.21%
Free Cash Flow
48.63%
24.07%
18.04%
Net Income, GAAP
-38.91%
18.42%
8.53%
Sales/Revenue/Turnover
5.51%
7.92%
7.72%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2,544
2025
- -
- -
2,636
2026
- -
- -
2,839

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.42
2025
- -
- -
4.96
2026
- -
- -
5.43

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

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

Company Description

CEO
Treve Robert Hendry
Full Time Employees
2,774
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Ridge 63 Durban South Africa 4019
IPO Date
Nov 24, 1994
Business
Argent Industrial Limited manufactures and trades steel and steel-related products, operates a diversified portfolio of industrial manufacturing and engineering businesses, and holds a property portfolio. The company, founded in 1992 and headquartered in La Lucia, South Africa, lists on the Johannesburg Stock Exchange under the ticker ART.JO and conducts operations across South Africa, the United Kingdom, North America, Canada, Asia, the Middle East, Australia, and New Zealand. Its core products and services encompass security gates, burglar bars, roller shutters, sectional doors, and expanding barriers from Xpanda; custom-made adjustable louvre shutters from American Shutters; aircraft refuelling vehicles and systems from Fluid Transfer Group; support, servicing, spares, and upgrades for refuelling applications from Flofuel Support; braai stands and fireplaces from JetMaster; ladders, fibreglass ladders, trolleys, castors, and accessories from Castor and Ladder; overhead cranes, hoists, and lifting equipment from Pro Crane Services; fuel storage tanks from Fuel Proof; speed control retarder systems, rail car stoppers, and frog stoppers from New Joules; underground scrapers, wear parts, grizzly frames, segments, and allied mining equipment from Hendor Mining; metal gates, fencing, railings, timber gates, and metal decking fence panels from Burbage Iron Craft and Cannock Gates; stainless steel and aluminium in sheets, plates, coils, flats, angles, tubes, and pipes from Gammid and Phoenix Steel; materials handling equipment from Partington Engineering; roll-over protection bars for construction machinery from Roll-tec Safety; ready-mix concrete, mortars, concrete pumping, and crushed stone products from Megamix; industrial doors from OSA Door Parts; modular buildings, offices, mess units, toilet, and shower blocks from Mersey Container Services; retractable security gates from Xpanda Canada; and raw materials for construction and infrastructure from Argent Industrial Engineering and Koch’s Cut & Supply, including cut-to-length, blanking, tube manufacture, and flame cutting services. In recent developments, Argent Industrial announces category 2 acquisitions, including the entire issued share capital of Standmode Limited in 2024, alongside ongoing share repurchases, such as ordinary share repurchases in July 2025, and releases short form interim results for September 2024 and year-end 2024 results, reflecting continued strategic expansion through mergers, divestitures like category 2 disposals, and black economic empowerment compliance. The group maintains a vertically integrated structure across manufacturing, steel trading, and properties segments, targeting construction, mining, aviation, rail, and infrastructure markets with branded consumer and industrial goods sold locally and internationally.