Tanmiah Food Company

Tanmiah Food Company

TTADAWUL:2281
45.72
SAR
-1.60
(-3.38%)
-0.86EPS
1.13BMarket Cap
Nov 02Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
60.6
60.48
86.35
104.65
128.17
132.67
142.36
Basic EPS, GAAP
3.72
0.68
9.34
3.8
4.79
-0.94
-1.86
Free Cash Flow per Basic Share
6.12
10.04
-5.48
-4.65
-8.82
-5.42
12.33
Dividend per Share
- -
- -
0.51
3.5
2.24
2.44
- -
Book Value per Share
17.38
17.81
30.72
30.94
34.1
30.77
31.66
Tangible Book Value per Share
17.3
17.68
30.51
30.6
33.65
30.3
31.19
Basic Weighted Avg Shares
20
20
20
20
20
20
20
Sales/Revenue/Turnover
1,212
1,210
1,727
2,093
2,563
2,653
2,847
Operating Margin (%)
9.13
0.97
6.56
6.53
7.28
3.54
3.62
Depreciation Expense
76
94
107
131
171
214
234
Net Income, GAAP
74
14
187
76
96
-19
-37
Effective Tax Rate (%)
8.73
- -
9.24
9.84
13.61
- -
- -
Profit Margin (%)
6.14
1.12
10.82
3.63
3.74
-0.71
-1.3
Working Capital
197
139
274
195
252
93
46
LT Debt
124
178
305
453
828
1,161
1,180
Total Equity
348
356
663
680
779
712
735
Return on Invested Capital (%)
- -
- -
9.39
8.85
8.99
- -
- -
Return on Capital (%)
- -
- -
19.2
6.3
7.22
- -
- -
Return on Common Equity (%)
- -
3.85
38.49
12.32
14.73
-2.9
-5.75

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
572
659
555
LT Borrowings
585
551
540
LT Finance Leases
576
618
640
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
1,143
1,098
1,133

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,257
1,324
1,286
Cash, Cash Equivalents & STI
62
145
77
Accounts Receivable, Net
397
418
- -
Inventories
601
548
586
Total Current Liabilities
1,164
1,288
1,240
Payables & Accruals
- -
- -
- -
ST Debt
572
659
555
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.4%
-8.63%
Free Cash Flow
- -
-10.89%
-38.51%
Net Income, GAAP
- -
208.68%
-119.66%
Sales/Revenue/Turnover
- -
17.95%
3.51%
Total Cash Common Dividend
- -
- -
9.16%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
581
640
657
685
2,563
2025
677
650
614
713
2,653
2026
731
789
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.05
1.2
1.21
1.34
4.79
2025
0.94
0.02
-0.79
-1.12
-0.94
2026
-0.89
0.95
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.24
2025
- -
- -
- -
- -
2.44
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sayed Zulfiqar Al-Hamdani
Full Time Employees
5,000
Sector
Consumer non-durables
Industry
Food: major diversified
Address
Building No. 7292 Riyadh Riyadh Province Saudi Arabia 12341
IPO Date
Aug 4, 2021
Business
Tanmiah Food Company (2281.SR), a subsidiary of Al Dabbagh Group Holding Company Limited, produces and markets a comprehensive range of poultry and related protein products in Saudi Arabia, the GCC region and internationally; its core offerings include fresh and frozen whole poultry, ready-to-cook products, added-value items such as tender chicken breasts, chicken burgers, chicken fingers, boneless wings, chicken nuggets and deli meats, as well as ready-to-eat and bespoke poultry, turkey and beef solutions tailored for HORECA customers including quick-service restaurants, gourmet outlets and hospitality providers; through subsidiaries like Agricultural Development Company Ltd. for fresh poultry under the Tanmiah brand, Desert Hills for Veterinary Services Company Ltd. for animal feed, day-old broiler chicks, hatching eggs, animal health products and livestock equipment, and Supreme Foods Processing Company Ltd. with its UAE-based Perfect Foods Factory for cooked and value-added meats, the company maintains a fully integrated supply chain from farming to distribution with operations centered in Riyadh, Saudi Arabia where it was founded in 1962 and listed on the Saudi Tadawul in 2021. Tanmiah Foods operates across key business segments encompassing primary poultry production, further processing, animal nutrition, veterinary services and restaurant franchising, targeting retail, foodservice and institutional customers with premium, halal-certified, hormone-free, corn-fed chickens raised in cageless environments; its geographic footprint spans Saudi Arabia, the UAE and broader Middle East markets with online sales channels and logistics supporting chilled and frozen deliveries. The company pursues strategic expansions including the inauguration of the Majmaa 2 primary processing plant and automated facility in September 2025 to boost capacity amid Saudi Arabia's growing poultry market projected to reach USD 6.91 billion by 2030, a new primary processing plant slated for early 2025 startup with initial capacity for 37 million birds annually expandable to 56 million, enhanced collaborations with global quick-service brands like McDonald's Saudi Arabia, a master franchise and development agreement with Popeyes for restaurant rollout across the Kingdom, and a November 2025 memorandum of understanding with Big Idea Ventures to pursue US red-meat investments, M&A opportunities, sustainable feed alternatives and capital access strengthening its protein value chain.