Saudi Vitrified Clay Pipes Co.

Saudi Vitrified Clay Pipes Co.

TTADAWUL:2360
14.57
SAR
-1.61
(-9.95%)
-2.22EPS
284.25MMarket 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
17.45
19.71
22.44
16.88
9.45
6.78
7.05
7.09
5.1
4.39
4.35
3.36
3.93
4.2
Basic EPS, GAAP
4.85
5.78
5.94
4.21
1.66
0.25
0.5
0.61
-0.12
-0.5
-3.4
-6.24
-1.87
-2.22
Free Cash Flow per Basic Share
6.17
6.09
5.8
5.97
5.04
1.33
1.32
1.47
0.67
0.21
0.34
-0.92
-3.24
-3.09
Dividend per Share
5.82
4.96
4.97
3.89
- -
- -
- -
1.72
- -
- -
- -
- -
- -
- -
Book Value per Share
13.29
14.5
17.65
19.29
17.52
16.86
16.39
16.04
15.92
15.44
12.07
5.87
3.97
3.03
Tangible Book Value per Share
13.29
14.5
17.65
19.29
17.52
16.76
16.31
15.98
15.88
15.42
12.06
5.43
3.66
2.67
Basic Weighted Avg Shares
17
17
17
17
17
17
17
17
17
17
17
17
17
16
Sales/Revenue/Turnover
303
343
390
294
164
118
123
123
89
76
76
58
68
68
Operating Margin (%)
28.07
31.03
32.81
26.86
19.38
6.34
10.01
10.78
-0.96
-25.39
-17.44
-41.86
-66.7
-72.22
Depreciation Expense
20
21
22
22
- -
- -
14
14
14
14
15
12
6
5
Net Income, GAAP
84
101
103
73
29
4
9
11
-2
-9
-59
-108
-32
-36
Effective Tax Rate (%)
- -
- -
- -
- -
5.25
34.29
25.38
19.26
701.16
- -
- -
- -
- -
- -
Profit Margin (%)
27.82
29.35
26.45
24.95
17.62
3.72
7.16
8.65
-2.32
-11.48
-78.15
-185.42
-47.6
-52.81
Working Capital
44
57
67
112
95
95
99
105
111
106
104
43
26
-19
LT Debt
38
13
- -
- -
- -
- -
5
5
4
5
6
9
23
7
Total Equity
231
252
307
335
305
293
285
279
277
269
210
102
69
45
Return on Invested Capital (%)
24.77
29.82
33.39
19.16
8.26
1.62
3.08
3.82
2.39
- -
- -
- -
- -
- -
Return on Capital (%)
25.49
29.06
28.18
18.63
8.26
1.68
3.06
3.78
-1.15
- -
- -
- -
- -
- -
Return on Common Equity (%)
37.1
41.62
36.92
22.8
9.04
1.47
3.04
3.78
-0.74
-3.21
-24.72
-69.54
-37.98
-56.46

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
26
26
41
LT Borrowings
16
14
- -
LT Finance Leases
7
7
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
15
Market Capitalization
360
337
284

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
72
69
56
Cash, Cash Equivalents & STI
14
2
1
Accounts Receivable, Net
25
27
22
Inventories
27
32
27
Total Current Liabilities
46
54
76
Payables & Accruals
- -
- -
- -
ST Debt
26
26
41
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-11.79%
-21.86%
-32.31%
Free Cash Flow
-25.47%
-35.93%
254.04%
Net Income, GAAP
74.26%
159.07%
-70.04%
Sales/Revenue/Turnover
-14.14%
-9.78%
16.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
10
16
18
58
2025
13
15
17
24
68
2026
15
12
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.32
-0.69
-3.29
-2.05
-6.24
2025
-0.5
-0.66
0.61
-1.53
-1.87
2026
-0.25
-1.29
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

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

Company Description

CEO
Saad Saud Ibrahim Al-Sayari
Full Time Employees
452
Sector
Producer manufacturing
Industry
Building products
Address
Second Industrial City Riyadh Riyadh Province Saudi Arabia 11442
IPO Date
Apr 1, 2007
Business
Saudi Vitrified Clay Pipe Company, founded in Riyadh, Saudi Arabia, in 1977, specializes in the production and distribution of vitrified clay pipes and associated fittings across Saudi Arabia and global markets. The company provides a comprehensive range of products, including various types of pipes, perforated systems, resilient joints, junctions, bends, and other specialized accessories designed for vital infrastructure. While maintaining its core offerings, the company has recently undertaken strategic initiatives, including the sale of a manufacturing facility in late 2025 to optimize its asset portfolio. This move aligns with a broader strategy to diversify into new product lines such as cement-based materials and high-density plastic pipes, aiming to enhance its market position. The company announced positive financial results for the third quarter of 2025.