1. Qatar Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Industries of Qatar Co.

Industries of Qatar Co.

QQSE:IQCD
8.45
QAR
+0.05
(+0.64%)
0.34EPS
31.58P/E
66.55BMarket Cap
Oct 27Next 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
0.96
0.99
0.86
0.77
0.77
0.96
0.84
1.22
2.34
3.11
1.94
2.09
2.64
2.18
Basic EPS, GAAP
1.32
1.05
0.74
0.49
0.55
0.83
0.43
0.3
1.34
1.46
0.78
0.77
0.71
0.35
Free Cash Flow per Basic Share
0.11
0.16
0.23
0.2
0.06
0.17
-0.01
0.28
0.77
1.06
0.33
0.17
0.28
0.32
Dividend per Share
0.77
1.1
0.7
0.5
0.4
0.5
0.6
0.4
0.33
1
1.1
1.09
0.69
0.45
Book Value per Share
5.58
5.54
5.55
5.43
5.55
5.87
5.66
5.55
6.53
6.94
6.6
6.27
6.27
5.91
Tangible Book Value per Share
5.58
5.54
5.55
5.43
5.55
5.87
5.66
5.55
6.53
6.94
6.6
6.27
6.27
5.91
Basic Weighted Avg Shares
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
6,050
Sales/Revenue/Turnover
5,823
5,970
5,228
4,674
4,628
5,791
5,096
7,400
14,169
18,794
11,744
12,652
15,978
13,217
Operating Margin (%)
27.35
19.65
16.87
20.45
10.02
11.9
-4.11
5.68
37.6
28.63
14.55
16.02
17.98
9.6
Depreciation Expense
158
183
212
225
225
237
277
1,610
1,450
1,498
1,486
1,587
1,751
1,818
Net Income, GAAP
8,012
6,342
4,469
2,955
3,315
5,030
2,575
1,810
8,089
8,815
4,720
4,666
4,300
2,107
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
0.1
0.01
0.01
0.03
0.8
0.61
0.17
Profit Margin (%)
137.58
106.23
85.48
63.22
71.63
86.86
50.52
24.47
57.09
46.9
40.19
36.88
26.91
15.95
Working Capital
11,133
7,184
8,992
9,426
9,708
12,965
12,919
12,023
18,950
21,675
18,064
15,148
15,035
12,554
LT Debt
1,662
452
676
226
- -
- -
168
325
292
295
334
391
334
294
Total Equity
33,777
33,512
33,576
32,870
33,594
35,490
34,230
33,613
39,510
42,020
39,976
38,816
38,654
36,388
Return on Invested Capital (%)
4.7
3.28
1.8
2.57
1.04
1.83
-0.34
1.31
14.18
13.07
5.6
5.97
7.83
3.4
Return on Capital (%)
23.83
18.17
12.85
8.7
9.87
14.52
7.4
5.3
21.95
21.48
11.47
11.64
11.07
6.1
Return on Common Equity (%)
25.14
18.85
13.32
8.89
9.98
14.56
7.39
5.34
22.13
21.63
11.52
11.98
11.34
5.86

Capital Structure

QAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
71
71
72
LT Borrowings
- -
- -
- -
LT Finance Leases
334
309
294
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,050
6,050
6,050
Market Capitalization
72,177
64,372
66,550

Working Capital

QAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,432
15,035
14,588
Cash, Cash Equivalents & STI
10,171
8,745
8,902
Accounts Receivable, Net
1,313
3,544
1,047
Inventories
3,299
2,746
3,337
Total Current Liabilities
2,397
1,975
2,034
Payables & Accruals
- -
- -
- -
ST Debt
71
71
72
Deferred Revenue
- -
- -
- -

Growth Rates

QAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.61%
3.14%
-0.42%
Free Cash Flow
-369.93%
31.96%
61.84%
Net Income, GAAP
25.19%
60.07%
-7.84%
Sales/Revenue/Turnover
16.74%
24.13%
26.29%
Total Cash Common Dividend
12.07%
31.59%
-36.69%

Quarterly Revenue

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,913
2,786
3,612
3,341
12,652
2025
3,427
3,873
- -
4,238
15,978
2026
3,641
1,465
- -
- -
- -

Quarterly Earnings Per Share

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.17
0.2
0.16
0.77
2025
0.16
0.16
- -
0.15
0.71
2026
0.12
-0.09
- -
- -
- -

Quarterly Dividends Per Share

QAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.78
- -
0.31
- -
1.09
2025
0.43
- -
- -
- -
0.69
2026
0.45
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Saad Sherida Al-Kaabi
Full Time Employees
3,400
Sector
Non-energy minerals
Industry
Steel
Address
Tower 10 Doha DA Qatar 3212
IPO Date
May 8, 2003
Website
iq.com.qa
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Business
Industries Qatar Q.P.S.C., through its diverse portfolio of subsidiary and joint venture entities, operates across the petrochemical, fertilizer, and steel industries, serving a broad global market spanning Qatar, North and South America, the Middle East, Europe, Africa, the Indian sub-continent, and other Asian regions. Its Petrochemicals division manufactures and distributes a comprehensive range of products including ethylene, polyethylene, methyl tertiary butyl ether, methanol, caustic soda, ethylene dichloride, vinyl chloride monomer, sulfur, pyrolysis gasoline, mixed LPG, and C3/C4 streams. The company's Fertilizers segment is responsible for the production and sale of urea, ammonia, melamine, and urea formaldehyde condensate. Meanwhile, its Steel operations focus on manufacturing and supplying direct reduced iron, hot briquetted iron, steel coils, bars, billets, and various other steel products. The company’s products are distributed internationally, with the marketing of its chemical and petrochemical offerings handled by Muntajat, a government-owned entity, while Industries Qatar manages its steel product sales. The group maintains a robust financial standing, evidenced by a reported net profit of QR 4.5 billion for the fiscal year ended December 31, 2024, and QR 1.0 billion for the first quarter of 2025, alongside significant liquidity and no long-term debt. Originated through the establishment of key industrial players, its roots trace back to 1969, with the holding company incorporated in 2003, and it is headquartered in Doha, Qatar. Industries Qatar Q.P.S.C. operates as a 51-percent subsidiary of QatarEnergy.