Lumi Rental Company
TTADAWUL:426219.90
SAR
-1.04
(-4.97%)
ISIN
SA15SH122J13
Return %
Stock
S&P 500
1Y
-67.32
14.20
3Y
-77.18
81.12
5Y
- -
68.34
Capital Structure
SAR
•
in mil. unless spec.Working Capital
SAR
•
in mil. unless spec.Growth Rates
SAR
•
in mil. unless spec.Quarterly Revenue
SAR
•
in mil. unless spec.Quarterly Earnings Per Share
SAR
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in mil. unless spec.Quarterly Dividends Per Share
SAR
•
in mil. unless spec.Company Description
- CEO
- Syed Mohammed Azfar Shakeel
- Full Time Employees
- 1,034
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Imam Saud bin Abdulaziz bin Muhammad Street Riyadh RY Saudi Arabia 12476
- IPO Date
- Sep 25, 2023
- Website
- lumirental.com
- Similar Companies
- Business
- Lumi Rental Company (4262.SR) operates as a leading equipment rental provider in the Kingdom of Saudi Arabia, offering a comprehensive range of heavy machinery and construction equipment for rental to support infrastructure, construction, and industrial projects. The company provides specialized rental services including cranes, excavators, loaders, bulldozers, aerial work platforms, and material handling equipment; it also offers maintenance, transportation, and operator training services to ensure operational efficiency for clients. Headquartered in Riyadh, Saudi Arabia, and founded in 2008, Lumi Rental primarily serves contractors, developers, and government entities across the Middle East, with a focus on Vision 2030-related megaprojects in Saudi Arabia. Lumi Rental's core offerings encompass mobile cranes such as rough terrain and all-terrain models from leading brands like Liebherr and Tadano; earthmoving equipment including Caterpillar and Komatsu excavators, dozers, and wheel loaders; and access solutions like boom lifts and scissor lifts from Genie and JLG. The company extends its services to power generation rentals with generators and lighting towers, as well as specialized tools for oil & gas and mining sectors, targeting large-scale construction firms and EPC contractors. Its operations span key regions in Saudi Arabia, including Riyadh, Jeddah, Dammam, and expanding into neighboring GCC countries. In recent developments, Lumi Rental expanded its fleet in 2024 through a strategic partnership with international manufacturers to introduce electric and hybrid equipment aligned with Saudi Arabia's sustainability goals. The company secured a significant SAR 500 million financing round in early 2025 from local banks to fund acquisitions and new branch openings in the Eastern Province. Additionally, Lumi Rental launched a digital platform for real-time booking and fleet management in late 2024, enhancing customer access and operational transparency amid growing demand from NEOM and Qiddiya projects.