Saudi Industrial Development Co.

Saudi Industrial Development Co.

TTADAWUL:2130
13.90
SAR
-0.40
(-2.80%)
-3.72EPS
516.00MMarket Cap
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
15.25
15.06
15.52
12.37
11.45
9.07
9.13
7.85
7.78
7.41
2.43
8.06
5.38
3.49
Basic EPS, GAAP
1.69
0.33
-0.9
- -
-0.49
-1.43
-1.87
-0.15
-1.17
-1.85
-1.2
-0.99
-4.84
-3.75
Free Cash Flow per Basic Share
1.54
0.45
1.2
0.42
-0.12
-0.46
-0.04
0.67
-0.16
-0.68
-0.25
-1.73
-2.59
-2.2
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.14
- -
- -
- -
0.18
- -
- -
Book Value per Share
- -
- -
- -
16.96
- -
- -
10.39
10.03
9.73
7.96
4.68
3.52
4.63
3.89
Tangible Book Value per Share
- -
- -
- -
16.96
- -
- -
7.38
7.03
6.74
4.98
3.13
1.97
4.62
3.88
Basic Weighted Avg Shares
21
21
21
21
21
21
21
21
21
21
62
17
18
26
Sales/Revenue/Turnover
320
316
326
260
240
190
191
165
163
155
151
138
99
89
Operating Margin (%)
9.32
3.04
5.59
2.5
-2.01
-15.41
-12.94
-1.2
-11.77
-20.15
-13.72
-9.19
-32.1
-34.94
Depreciation Expense
- -
- -
- -
- -
- -
- -
14
15
15
16
16
11
12
11
Net Income, GAAP
35
7
-19
- -
-10
-30
-39
-3
-24
-39
-74
-17
-89
-96
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
11.1
2.2
-5.82
0.01
-4.25
-15.82
-20.48
-1.97
-15.02
-24.96
-49.32
-12.28
-90.13
-107.3
Working Capital
187
194
189
151
140
111
52
31
19
2
-17
-6
108
85
LT Debt
- -
- -
- -
- -
- -
- -
6
7
8
5
7
9
15
16
Total Equity
- -
- -
- -
360
- -
- -
226
217
211
175
105
79
145
123
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
-1.52
-11.82
-20.91
-56.18
-19.68
-83.81
-112.52

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8
8
6
LT Borrowings
7
6
7
LT Finance Leases
8
9
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
30
Market Capitalization
360
330
516

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
159
150
131
Cash, Cash Equivalents & STI
104
94
74
Accounts Receivable, Net
21
21
21
Inventories
29
28
29
Total Current Liabilities
51
55
47
Payables & Accruals
- -
- -
- -
ST Debt
8
8
6
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.17%
83.93%
Free Cash Flow
-150.41%
73.99%
61.06%
Net Income, GAAP
-2,627.41%
230.86%
426.8%
Sales/Revenue/Turnover
-10.74%
-9.1%
-28.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
43
29
28
38
138
2025
24
28
24
23
99
2026
22
21
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
-0.35
-0.54
0.15
-0.99
2025
-0.55
-0.4
-0.38
-2.93
-4.84
2026
-0.39
-0.44
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.18
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Bandar bin Abdullah Ibrahim Al-Homaidhi
Full Time Employees
166
Sector
Consumer durables
Industry
Home furnishings
Address
Prince Mohammed bin Abdulaziz Street Jeddah MC Saudi Arabia 21473
IPO Date
Jan 10, 1999
Business
Saudi Industrial Development Co. Saudi Industrial Development Co. (SIDC) is a Saudi joint stock company listed on the Saudi Exchange that manufactures and sells sanitary wares and sponge products through its subsidiaries in the Kingdom of Saudi Arabia. The company operates primarily through affiliates including the SIDC Ceramic plant in Yanbu Industrial City, which produces ceramic sanitary wares and acrylic bathtubs; Global Marketing Company for Sleeping Systems Ltd. (Sleep High), which manufactures mattresses, pillows, and related accessories; and others involved in sponge products, industrial fibers, polyurethane foam, petrochemicals, porcelain products, storage, and logistics services. SIDC also engages in investment and development activities across sectors such as foodstuffs, salt, synthetic rubber, and wholesale/retail trade of cement, gypsum, natural marbles, industrial tubes, pipes, kitchens, and ceramic/porcelain products, with operations focused on the Jeddah area and nationwide. Founded in 1992 and headquartered in Jeddah, the company targets industrial and consumer markets in Saudi Arabia. In recent developments, SIDC completed a 66.25% capital reduction in 2024 from SAR 400 million to SAR 135 million to offset accumulated losses; secured Capital Market Authority approval in August 2025 for a 122.22% capital increase via a SAR 165 million rights issue, approved by shareholders in November 2025 with subscription closing in late November 2025 to fund operations and enhance financial position; and in November 2025 corrected an accounting treatment by reclassifying SAR 132.9 million related to its stake in Arabian Industrial Fibers Co. from accumulated losses to fair value reserves under IFRS, with restatements planned for 2025 financials.