Baladna Q.P.S.C

Baladna Q.P.S.C

QQSE:BLDN
1.12
QAR
+0.00
(+0.18%)
2.79BMarket Cap
Oct 26Next Earn
2017 Y
2018 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.04
0.1
0.37
0.35
0.44
0.47
0.51
0.57
- -
Basic EPS, GAAP
-0.02
0.01
0.07
0.06
0.04
0.05
0.08
0.24
- -
Free Cash Flow per Basic Share
-0.64
-0.37
0.03
- -
-0.15
-0.03
0.05
0.02
- -
Dividend per Share
- -
- -
0.01
0.04
0.04
- -
0.06
- -
- -
Book Value per Share
0.28
0.28
1
1.02
1.01
1.05
1.07
1.31
1.47
Tangible Book Value per Share
0.28
0.28
1
1.01
1
1.05
1.07
1.3
1.47
Basic Weighted Avg Shares
2,237
2,237
2,186
2,237
2,237
2,237
2,237
2,237
2,237
Sales/Revenue/Turnover
89
216
815
773
986
1,057
1,145
1,268
- -
Operating Margin (%)
-61.07
9.8
23.43
20
14.93
13.38
17.46
18.77
- -
Depreciation Expense
21
76
129
126
141
143
135
152
- -
Net Income, GAAP
-43
12
152
134
81
110
185
540
- -
Effective Tax Rate (%)
- -
- -
0.15
0.47
1.24
0.55
0.48
0.24
- -
Profit Margin (%)
-48.11
5.59
18.67
17.31
8.18
10.37
16.16
42.57
- -
Working Capital
186
76
321
208
312
314
198
402
376
LT Debt
1,183
1,979
1,037
1,222
1,643
1,833
1,786
2,026
2,569
Total Equity
619
626
2,241
2,271
2,249
2,358
2,407
3,320
3,825
Return on Invested Capital (%)
- -
1.02
6.22
4.77
3.55
4.13
5.29
11.71
- -
Return on Capital (%)
- -
1.02
6.21
4.82
3.54
4.06
5.28
11.75
- -
Return on Common Equity (%)
- -
1.94
10.61
5.93
3.57
4.76
7.77
20.24
- -

Capital Structure

QAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
529
464
451
LT Borrowings
1,939
2,100
2,473
LT Finance Leases
87
88
96
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,237
2,237
2,237
Market Capitalization
2,742
2,592
2,794

Working Capital

QAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,141
1,028
1,104
Cash, Cash Equivalents & STI
375
245
284
Accounts Receivable, Net
132
335
154
Inventories
401
424
383
Total Current Liabilities
739
678
728
Payables & Accruals
- -
- -
- -
ST Debt
529
464
451
Deferred Revenue
- -
- -
- -

Growth Rates

QAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.04%
37.94%
Free Cash Flow
- -
925.7%
-58%
Net Income, GAAP
- -
48.94%
191.73%
Sales/Revenue/Turnover
- -
9.74%
10.71%
Total Cash Common Dividend
- -
1,815.03%
-99.19%

Quarterly Revenue

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
313
282
264
286
1,145
2025
331
312
- -
326
1,268
2026
330
329
- -
- -
- -

Quarterly Earnings Per Share

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.08
2025
0.02
0.12
- -
0.07
0.24
2026
0.03
0.14
- -
- -
- -

Quarterly Dividends Per Share

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
- -
- -
- -
0.06
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Marek Warzywoda
Full Time Employees
3,500
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Al Shamal Road, Exit 44 Dakhira KH Qatar
IPO Date
Dec 11, 2019
Business
Baladna Q.P.S.C. is Qatar's largest locally owned food and dairy producer, founded in 2014 and headquartered in Al Khor, Qatar. The company manufactures and sells a comprehensive range of dairy and beverage products including fresh milk, UHT milk, long-life milk, high-protein milk, evaporated milk, labneh, desserts, yoghurt, various types of cheese, fresh and sterilized creams, laban and ayran milk drinks, chilled, UHT, and long-life juices, as well as meat products and organic fertilizers. Additionally, Baladna produces household cleaning products such as liquid and powder detergents, dishwashing liquids, hand sanitizers, hand washing liquids, cleaning materials for tiles, porcelain, glass, mirrors, soaps, and cosmetics, marketed primarily under the Baladna and Awafi brands. The company serves retail chains, hotels, restaurants, cafes, and end consumers in Qatar and plans expansion into regional and international markets. In recent major developments, Baladna has delivered record operational and financial performance in 2025 and proposed a 24% capital increase via a rights issue to fund its strategic growth initiatives. Its board has approved a $250 million investment to establish an integrated industrial complex in Syria, including dairy production, juice, plastic packaging, and water treatment facilities, positioning Baladna as a first mover in a market with significant growth potential. The company is also actively exploring expansion opportunities into selected African markets to address fast-growing populations and support food self-sufficiency goals. These initiatives mark Baladna's strategic shift from a national Qatari champion to a regional powerhouse aiming to become a top dairy and beverage producer in the MENA and international markets. Baladna operates primarily in the packaged foods and consumer staples sectors, supplying over 95% of Qatar’s fresh dairy products and leveraging a scalable farm-to-shelf platform. The company is part of Power International Holding and targets markets across the Middle East and potential expansion in Africa. Its product portfolio and manufacturing capabilities reflect a vertically integrated approach supporting national food security and catering to both domestic and regional consumer demands. Baladna’s corporate headquarters are located in Al Khor, Qatar. This comprehensive operational and product footprint, combined with strong recent growth and expansion investments, positions Baladna as a leading food and dairy industry player with robust strategic ambitions beyond its core domestic market.