Insimbi Industrial Holdings Limited

Insimbi Industrial Holdings Limited

JJSE:ISB
79.00
ZAC
+3.00
(+3.95%)
20.85BMarket 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
3.88
4.04
4.04
5
9.03
11.63
11.86
11.87
15.06
14.92
15.47
14.59
16.43
- -
Basic EPS, GAAP
0.08
0.11
0.12
0.11
0.18
0.12
0.08
0.11
0.26
0.28
0.12
-0.32
-0.07
- -
Free Cash Flow per Basic Share
0.12
- -
-0.12
0.19
0.26
0.02
0.27
0.03
0.43
0.29
0.21
0.16
-0.15
- -
Dividend per Share
0.01
0.04
0.04
0.04
0.03
0.05
0.04
- -
- -
0.03
0.08
- -
- -
- -
Book Value per Share
0.48
0.55
0.64
0.82
1.03
1.1
1.13
1.24
1.56
1.9
1.96
1.73
1.74
1.73
Tangible Book Value per Share
0.31
0.37
0.41
0.51
0.72
0.66
0.7
0.81
1.11
1.42
1.45
1.41
1.41
1.41
Basic Weighted Avg Shares
242
237
236
269
387
391
406
414
402
384
361
342
321
341
Sales/Revenue/Turnover
939
958
955
1,343
3,492
4,545
4,812
4,910
6,059
5,731
5,590
4,985
5,270
- -
Operating Margin (%)
3.93
4.53
4.37
4.02
3.69
2.31
1.73
2.16
3.15
3.09
2.31
0.77
1.09
- -
Depreciation Expense
7
6
9
11
21
22
34
41
44
36
29
22
25
- -
Net Income, GAAP
20
26
29
30
71
47
33
44
104
107
43
-111
-22
- -
Effective Tax Rate (%)
29.96
22.92
20.13
24.28
28.79
35.46
38.53
32.11
30.33
26.91
26.82
- -
- -
- -
Profit Margin (%)
2.16
2.69
3.08
2.2
2.05
1.03
0.68
0.89
1.72
1.87
0.77
-2.22
-0.41
- -
Working Capital
16
24
34
190
202
212
239
227
283
373
346
294
259
294
LT Debt
15
11
46
196
2
252
321
261
177
172
136
113
75
113
Total Equity
117
131
150
317
398
445
469
512
616
702
708
556
557
556
Return on Invested Capital (%)
15.8
15.7
15.69
9.55
16.8
9.94
5.93
6.83
12.5
12.27
7.24
- -
- -
- -
Return on Capital (%)
16.05
16.31
16.32
9.7
17.21
10.44
6.89
7.19
12.99
12.74
7.81
- -
- -
- -
Return on Common Equity (%)
18.35
20.59
20.65
12.59
19.95
11.04
7.17
8.94
18.47
16.28
6.08
-17.48
-3.92
- -

Capital Structure

ZAR

•

in mil. unless spec.
Feb'24
Aug'25
Feb'25
ST Debt
398
3
392
LT Borrowings
128
- -
110
LT Finance Leases
9
7
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
361
318
321
Market Capitalization
285
225
209

Working Capital

ZAR

•

in mil. unless spec.
Feb'24
Aug'25
Feb'25
Total Current Assets
1,059
1,036
959
Cash, Cash Equivalents & STI
75
101
32
Accounts Receivable, Net
555
588
496
Inventories
335
342
330
Total Current Liabilities
714
699
666
Payables & Accruals
- -
- -
- -
ST Debt
398
3
392
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.75%
2.75%
0.11%
Free Cash Flow
243.98%
237.31%
-188.49%
Net Income, GAAP
-24.59%
-71.53%
-80.29%
Sales/Revenue/Turnover
24.91%
2.09%
5.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5,590
2025
- -
- -
4,985
2026
- -
- -
5,270

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.12
2025
- -
- -
-0.32
2026
- -
- -
-0.07

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.08
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Frederik Botha
Full Time Employees
658
Sector
Non-energy minerals
Industry
Steel
Address
359 Crocker Road Germiston GT South Africa 1407
IPO Date
Mar 4, 2008
Business
Insimbi Industrial Holdings Limited is a South Africa-based industrial group providing resource-based commodities including ferrous and non-ferrous alloys, refractory materials, foundry consumables, and recycled metals to steel, aluminum, cement, foundry, paper, pulp, plastics, automotive, mining, construction, and infrastructure industries. Founded in 1970 and headquartered at 359 Crocker Road, Wadeville, Germiston, the company operates through Non-Ferrous, Ferrous, Refractory, and Plastics segments; the Non-Ferrous segment supplies recycled non-ferrous metals such as copper and aluminum to foundry, automotive, heavy aluminum, and powder coating sectors with a focus on exports; the Ferrous segment delivers raw materials including steel and polypropylene fibers, recycled ferrous metals, and inputs for steel and stainless steel production to welding and optical industries; the Refractory segment offers refractory products for steel, platinum, cement, paper, and pulp applications along with industrial heat-resistant textiles; and the Plastics segment supports related manufacturing needs. Insimbi maintains operations from facilities in Cape Town, Johannesburg, eMalahleni, and Durban, serving domestic markets in South Africa while exporting to over 20 countries across Africa including Botswana, DRC, Kenya, Malawi, Mozambique, Nigeria, Zambia, and Zimbabwe; Asia including Bahrain, China, Hong Kong, India, and Singapore; Europe including Cyprus, France, Germany, Luxembourg, and UK; and other regions such as Argentina, Brazil, UAE, and USA. Key subsidiaries encompass Insimbi Alloy Supplies Proprietary Limited, Amalgamated Metals Recycling Proprietary Limited, Treppo Group Proprietary Limited, and Insimbi Aluminium Alloys Proprietary Limited, with the group reporting revenue of R6.1 billion for the fiscal year ended February 2024 alongside a 6% reduction in operating expenses to R327 million, EBITDA of R255 million, and ongoing degearing of its balance sheet through R40 million in interest-bearing debt repayments despite challenges from a temporary export ban on recycled metals that expired in December 2023; recent stakeholder developments include Sugarfields Fund I acquiring an additional minority stake on October 31, 2025, while the group advances organic growth supported by normalized exports, rand depreciation benefits on USD-priced commodities, and strategic cost management amid global decarbonization trends favoring recycled metals for electric vehicle production.