Saudi Ceramic Co.

Saudi Ceramic Co.

TTADAWUL:2040
19.57
SAR
-0.94
(-4.58%)
2.66BMarket Cap
Oct 26Next 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
16.01
16.21
16.59
13.04
11.4
10.28
12.43
15.26
15.4
14.88
14.59
13.51
14.95
- -
Basic EPS, GAAP
3.09
3.1
2.84
0.2
-0.97
-2.21
0.07
0.78
2.35
1.74
-2.33
-0.72
1.81
- -
Free Cash Flow per Basic Share
1.06
1.51
1.79
-0.03
1.52
1.51
0.43
3.72
2.27
1.01
-1.45
1
0.17
- -
Dividend per Share
0.95
1.13
1.01
1.01
- -
- -
- -
- -
0.6
1
0.44
- -
0.5
- -
Book Value per Share
15.22
17.16
18.55
17.75
16.31
14.16
14.09
14.86
16.72
17.5
15.05
14.24
15.59
15.51
Tangible Book Value per Share
15.22
17.16
18.55
17.75
16.31
14.16
14.09
14.85
16.72
17.5
15.05
14.18
15.48
15.39
Basic Weighted Avg Shares
100
100
100
100
100
100
99
99
100
100
90
100
100
100
Sales/Revenue/Turnover
1,601
1,621
1,658
1,304
1,140
1,028
1,235
1,516
1,535
1,485
1,315
1,349
1,490
- -
Operating Margin (%)
20.98
18.52
18.87
7.53
-5.53
-15.6
5.5
8.89
17.38
13.44
-1.18
-1.21
6.94
- -
Depreciation Expense
140
160
167
176
- -
- -
133
132
130
132
139
137
161
- -
Net Income, GAAP
309
310
284
20
-97
-221
7
78
234
174
-210
-72
181
- -
Effective Tax Rate (%)
2.74
2.58
5.29
52.7
- -
- -
88.26
31.04
10.36
12.41
- -
- -
2.41
- -
Profit Margin (%)
19.33
19.13
17.12
1.55
-8.52
-21.46
0.58
5.13
15.23
11.71
-16
-5.33
12.12
- -
Working Capital
119
369
588
375
175
50
375
423
546
514
358
131
350
293
LT Debt
421
567
669
430
- -
- -
635
521
475
352
365
282
348
330
Total Equity
1,521
1,716
1,855
1,775
1,630
1,458
1,447
1,529
1,712
1,786
1,514
1,425
1,554
1,547
Return on Invested Capital (%)
13.92
10.89
9.99
1.69
- -
- -
0.3
3.53
9.55
6.56
- -
- -
10.21
- -
Return on Capital (%)
13.95
12.75
10.8
0.89
- -
- -
0.75
4.53
10.65
8.04
- -
- -
10
- -
Return on Common Equity (%)
21.89
19.17
15.9
1.11
-5.7
-14.48
0.51
5.37
14.81
10.17
-12.93
-4.91
12.14
- -

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
502
568
608
LT Borrowings
264
252
236
LT Finance Leases
85
94
94
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
2,715
2,923
2,661

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,176
1,228
1,228
Cash, Cash Equivalents & STI
48
34
37
Accounts Receivable, Net
248
342
314
Inventories
828
851
875
Total Current Liabilities
826
918
935
Payables & Accruals
- -
- -
- -
ST Debt
502
568
608
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.39%
0.85%
9.08%
Free Cash Flow
-495.07%
-116.42%
-82.71%
Net Income, GAAP
-12.6%
-92.59%
-351.45%
Sales/Revenue/Turnover
-0.12%
-0.08%
10.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
346
276
345
382
1,349
2025
385
290
- -
460
1,490
2026
383
378
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
-0.1
0.07
-0.83
-0.72
2025
0.21
1.13
- -
0.4
1.81
2026
0.22
0.2
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Azzam Saud Al-Madhihim
Full Time Employees
3,567
Sector
Producer manufacturing
Industry
Building products
Address
King Fahad Road Riyadh Riyadh Province Saudi Arabia 11481
IPO Date
Jan 31, 1999
Business
Saudi Ceramic Company manufactures and markets a comprehensive range of ceramic products, including ceramic, porcelain, outdoor, and swimming pool tiles; sanitary ware such as wash basins, water closets, wall hangings, and above counters; water heaters including electric, solar, and central heaters; bathroom furniture and accessories including bathtubs, shower trays, taps, and seat covers; red bricks; bathroom fixtures and finishes; and industrial minerals such as limestone, silica sands, kaolin, feldspar, clay, dolomite, and calcite. The company operates primarily in Saudi Arabia with international sales and has diversified factories covering ceramic and porcelain sectors, sanitary ware, water heaters, and related construction materials. Founded in 1977 and headquartered in Riyadh, Saudi Arabia, it is recognized as one of the largest regional producers in its categories. Recent major developments include the opening of two new retail showrooms in Riyadh in October 2025 as part of its expansion in the retail sector, bringing its total showroom count within Saudi Arabia to 65 to enhance product accessibility. The company also made significant progress toward commercial production at a new porcelain tiles factory with a capacity of 8.25 million square meters, expected to start full operations in early 2024. Financially, Saudi Ceramic reported a sharp increase in profitability in 2025 driven by operational improvements and a SAR 120 million insurance settlement related to a factory fire in 2023. The firm continues its strategic emphasis on increased profit margins, cost control, market expansion, and branch network growth to sustain operational and financial performance gains. Saudi Ceramic maintains its leadership in the ceramic and sanitary ware industries while aggressively expanding its footprint in the Saudi retail market and enhancing production capacity with new state-of-the-art facilities. Its strategic focus incorporates manufacturing excellence, comprehensive product offerings for construction and bathroom solutions, and sustained geographic growth primarily across the Kingdom of Saudi Arabia with international market aspirations. This positions Saudi Ceramic as a dominant integrated manufacturer and marketer in the region's building materials sector with ongoing modernization and expansion initiatives as of late 2025.