Italtile Limited

Italtile Limited

JJSE:ITE
791.00
ZAC
-9.00
(-1.12%)
1.21TMarket Cap
Mar 08Next Earn
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
2.78
3.29
3.73
3.9
5.34
5.71
5.43
7.48
7.38
7.55
7.57
7.46
7.4
- -
Basic EPS, GAAP
0.52
0.74
0.86
0.9
0.95
1.03
0.78
1.41
1.52
1.33
1.22
1.26
1.13
- -
Free Cash Flow per Basic Share
-0.3
0.24
-0.07
0.29
0.27
0.08
-0.29
0.3
-0.27
0.7
0.83
0.33
-0.15
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.23
2.73
3.47
3.85
4.32
4.59
4.33
5.22
5.52
6.2
6.87
6.8
6.41
6.41
Tangible Book Value per Share
2.23
2.72
3.46
3.85
4.31
4.58
4.32
5.21
5.5
6.18
6.82
6.77
6.38
6.38
Basic Weighted Avg Shares
976
946
949
942
1,136
1,222
1,231
1,221
1,217
1,210
1,198
1,190
1,186
1,185
Sales/Revenue/Turnover
2,714
3,115
3,539
3,670
6,064
6,975
6,690
9,135
8,981
9,136
9,064
8,876
8,768
- -
Operating Margin (%)
27.34
28.83
29.27
28.56
25.03
23.04
20.18
26.43
30.26
25.32
22.87
23.15
21.11
- -
Depreciation Expense
68
70
79
85
252
340
361
384
438
472
506
533
511
- -
Net Income, GAAP
509
700
813
845
1,080
1,253
964
1,718
1,850
1,605
1,462
1,494
1,341
- -
Effective Tax Rate (%)
29.44
25.26
27.02
26.05
27.24
27.49
29.79
27.85
28.33
28.31
28.27
27.13
26.89
- -
Profit Margin (%)
18.75
22.47
22.97
23.02
17.81
17.96
14.41
18.81
20.6
17.57
16.13
16.83
15.29
- -
Working Capital
386
755
1,062
1,022
1,785
2,309
1,831
1,756
1,912
2,400
2,761
2,895
2,518
2,518
LT Debt
- -
29
- -
- -
- -
757
809
357
843
862
420
368
354
354
Total Equity
2,230
2,734
3,353
3,773
5,525
5,858
5,634
6,713
6,998
7,768
8,474
8,388
7,748
7,748
Return on Invested Capital (%)
22.33
26.2
24.96
22.01
-19.13
-15.93
-15.62
24.72
24.98
19.95
16.23
15.96
14.94
- -
Return on Capital (%)
21.43
26.11
25.39
22.75
22.36
20.1
14.63
23.16
23.27
19.4
16.31
15.99
15.02
- -
Return on Common Equity (%)
22.99
28.86
27.26
24.13
24.02
23.02
17.62
29.4
28.35
22.64
18.68
18.37
17.21
- -

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
568
569
587
LT Borrowings
- -
- -
- -
LT Finance Leases
368
355
354
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,190
1,169
1,169
Market Capitalization
11,897
10,579
12,087

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
4,372
3,633
4,100
Cash, Cash Equivalents & STI
2,221
1,573
1,798
Accounts Receivable, Net
571
845
872
Inventories
1,228
1,146
1,193
Total Current Liabilities
1,477
1,498
1,582
Payables & Accruals
- -
- -
- -
ST Debt
568
569
587
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.6%
3.14%
-7.63%
Free Cash Flow
-195.67%
-147.32%
-145.92%
Net Income, GAAP
8.04%
-4.5%
-10.24%
Sales/Revenue/Turnover
11.24%
-0.81%
-1.22%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
9,064
2025
- -
- -
8,876
2026
- -
- -
8,768

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.22
2025
- -
- -
1.26
2026
- -
- -
1.13

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

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

Company Description

CEO
Brandon G. Wood
Full Time Employees
2,564
Sector
Retail trade
Industry
Specialty stores
Address
The Italtile Building Bryanston GT South Africa 2021
IPO Date
Jul 1, 1992
Business
Italtile Limited Italtile Limited is a South African manufacturer, franchisor and retailer of ceramic and porcelain tiles, sanitaryware, bathroom furniture, taps, fittings, laminated and vinyl flooring, lighting products, home-finishing products, adhesives, grout, paints and related accessories. The company operates through five core segments including retail, franchising, manufacturing, supply and support services, and properties; its retail brands comprise Italtile Retail with 16 premium stores, CTM with 99 value-oriented outlets across Southern and East Africa, and TopT with 93 entry-level stores targeting underserved rural and township markets, supported by six online webstores and a total network of 208 physical locations serving homeowners from living standards measure 4 to 10. Manufacturing occurs via subsidiaries Ceramic Industries Proprietary Limited, which produces glazed porcelain floor tiles, ceramic wall and floor tiles, vitreous china sanitaryware, acrylic baths and shower trays across seven South African factories and one in Australia, and Ezee Tile Adhesive Manufacturers Proprietary Limited, which manufactures cement-based adhesives, water-based paints, grout and related products at nine plants in South Africa and three elsewhere in Africa; import and distribution services are provided by International Tap Distributors for brassware, Cedar Point Trading for shower enclosures, decor, wooden flooring and cabinets, and Durban Distribution Centre for tiles and logistics, with exports of tiles, sanitaryware, grout, paints and adhesives to sub-Saharan territories. Founded in 1969 by Gianni Ravazzotti and headquartered in Bryanston, Johannesburg, South Africa, the company maintains a vertically integrated supply chain, an extensive property portfolio valued in excess of R3.9 billion, and operates as a subsidiary of Rallen Proprietary Limited with a workforce of approximately 3,183 employees including franchise partners. Recent developments include the appointment of Mamedupi Matsipa as independent non-executive director and board committee changes in August 2025, declaration of final ordinary and special cash dividends for the fiscal year ended June 30, 2025 payable in September 2025, an intragroup acquisition of 675,000 shares by the Italtile Retention Scheme Trust from Italtile Ceramics Proprietary Limited on September 1, 2025, launch of the Samca+ floor tile factory and Ezee Tile's flagship plant in Vulcania, Gauteng, introduction of a new staff share scheme, and full-year earnings results reported on August 25, 2025 showing system-wide turnover of R11.5 billion despite a 2% decline.