BOROUGE PLC

Borouge PLC

BOROUGEStocksAbu Dhabi Securities ExchangeMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Quarterly (USD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	1.18B	1.68B	1.45B	1.31B	1.42B
Cost of Revenue	0.77B	1.04B	0.84B	0.87B	0.85B
Gross Profit	0.41B	0.64B	0.61B	0.44B	0.57B
SG&A	170.80M	136.70M	158.41M	143.31M	150.51M
Operating Expenses	164.49M	127.22M	153.59M	137.34M	144.46M
Operating Income	244.30M	510.67M	453.15M	302.09M	429.59M
Interest Income	6.24M	—	7.53M	8.68M	7.90M
Interest Expense	-40.91M	-46.71M	-43.63M	-43.36M	-42.62M
Pretax Income	209.30M	463.39M	416.33M	265.98M	394.15M
Income Tax	53.72M	133.03M	121.80M	72.80M	113.08M
Net Income	154.70M	325.53M	293.12M	191.71M	278.78M
EBITDA	0.34B	0.58B	0.56B	0.44B	0.56B
EBIT	244.30M	510.67M	453.15M	302.09M	429.59M
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
Margins & Efficiency
Gross Margin %	+34.8%	+38.1%	+41.9%	+33.7%	+40.4%
EBITDA Margin %	+29.1%	+34.6%	+39.0%	+33.8%	+39.7%
Net Margin %	+13.2%	+19.4%	+20.3%	+14.7%	+19.6%
Revenue & Income
Revenue	1.18B	1.68B	1.45B	1.31B	1.42B
Revenue Growth (YoY)	-17.2%	+3.4%	-9.5%	-13.2%	+9.0%
Interest & Investment Income	6.24M	—	7.53M	8.68M	7.90M
Currency Exchange Gain (Loss)	-0.34M	-0.19M	0.33M	-1.43M	-0.72M
Expenses & Provisions
Cost of Revenue	0.77B	1.04B	0.84B	0.87B	0.85B
Selling, General & Admin	170.80M	136.70M	158.41M	143.31M	150.51M
Operating Expenses	164.49M	127.22M	153.59M	137.34M	144.46M
Other Operating Expenses	-6.31M	-9.48M	-4.82M	-5.97M	-6.05M
Interest Expense	-40.91M	-46.71M	-43.63M	-43.36M	-42.62M
Asset Writedown	—	-0.39M	-1.05M	—	—
D&A For EBITDA	97.71M	69.94M	111.15M	138.65M	133.97M
Profitability & Returns
Gross Profit	0.41B	0.64B	0.61B	0.44B	0.57B
Gross Margin	+34.8%	+38.1%	+41.9%	+33.7%	+40.4%
EBIT	244.30M	510.67M	453.15M	302.09M	429.59M
EBIT Margin	+20.8%	+30.5%	+31.3%	+23.1%	+30.3%
EBITDA	0.34B	0.58B	0.56B	0.44B	0.56B
EBITDA Margin	+29.1%	+34.7%	+39.0%	+33.8%	+39.7%
EBT Excluding Unusual Items	209.30M	463.78M	417.38M	265.98M	394.15M
Pretax Income	209.30M	463.39M	416.33M	265.98M	394.15M
Operating Income	244.30M	510.67M	453.15M	302.09M	429.59M
Operating Margin	+20.8%	+30.5%	+31.3%	+23.1%	+30.3%
Profit Margin	+13.2%	+19.4%	+20.3%	+14.7%	+19.6%
Net Income	154.70M	326.63M	292.06M	191.71M	278.78M
Net Income to Common	154.70M	325.53M	293.12M	191.71M	278.78M
Net Income Growth	-44.5%	+0.2%	-9.9%	-37.0%	+3.0%
Earnings From Continuing Ops.	155.58M	330.36M	294.53M	193.18M	281.07M
Minority Interest in Earnings	-0.88M	-3.72M	-2.47M	-1.47M	-2.28M
Income Tax Expense	53.72M	133.03M	121.80M	72.80M	113.08M
Effective Tax Rate	+25.7%	+28.7%	+29.3%	+27.4%	+28.7%
Per Share & Capital
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	-44.2%	-25.0%	+6.8%	-36.9%	+3.0%
Dividend Per Share	—	0.02	—	0.02	—
Shares Change (YoY)	-0.01	0.33	-0.15	-0	-0
Shares Outstanding (Basic)	29.88B	43.39B	25.46B	29.97B	30.06B
Shares Outstanding (Diluted)	29.88B	43.39B	25.46B	29.97B	30.06B
Dividend Growth	—	+2.0%	—	+2.0%	—
Free Cash Flow	0.18B	0.33B	0.50B	0.43B	0.39B
Free Cash Flow Margin	+15.2%	+19.6%	+34.9%	+32.6%	+27.3%
Free Cash Flow Per Share	0.01	0.01	0.02	0.01	0.01
Payout Ratio	—	—	+225.9%	+339.0%	—
Preferred Dividends & Other Adjustments	—	1.11M	-1.06M	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Quarterly (USD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	1.18B	1.68B	1.45B	1.31B	1.42B
Cost of Revenue	0.77B	1.04B	0.84B	0.87B	0.85B
Gross Profit	0.41B	0.64B	0.61B	0.44B	0.57B
SG&A	170.80M	136.70M	158.41M	143.31M	150.51M
Operating Expenses	164.49M	127.22M	153.59M	137.34M	144.46M
Operating Income	244.30M	510.67M	453.15M	302.09M	429.59M
Interest Income	6.24M	—	7.53M	8.68M	7.90M
Interest Expense	-40.91M	-46.71M	-43.63M	-43.36M	-42.62M
Pretax Income	209.30M	463.39M	416.33M	265.98M	394.15M
Income Tax	53.72M	133.03M	121.80M	72.80M	113.08M
Net Income	154.70M	325.53M	293.12M	191.71M	278.78M
EBITDA	0.34B	0.58B	0.56B	0.44B	0.56B
EBIT	244.30M	510.67M	453.15M	302.09M	429.59M
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
Margins & Efficiency
Gross Margin %	+34.8%	+38.1%	+41.9%	+33.7%	+40.4%
EBITDA Margin %	+29.1%	+34.6%	+39.0%	+33.8%	+39.7%
Net Margin %	+13.2%	+19.4%	+20.3%	+14.7%	+19.6%
Revenue & Income
Revenue	1.18B	1.68B	1.45B	1.31B	1.42B
Revenue Growth (YoY)	-17.2%	+3.4%	-9.5%	-13.2%	+9.0%
Interest & Investment Income	6.24M	—	7.53M	8.68M	7.90M
Currency Exchange Gain (Loss)	-0.34M	-0.19M	0.33M	-1.43M	-0.72M
Expenses & Provisions
Cost of Revenue	0.77B	1.04B	0.84B	0.87B	0.85B
Selling, General & Admin	170.80M	136.70M	158.41M	143.31M	150.51M
Operating Expenses	164.49M	127.22M	153.59M	137.34M	144.46M
Other Operating Expenses	-6.31M	-9.48M	-4.82M	-5.97M	-6.05M
Interest Expense	-40.91M	-46.71M	-43.63M	-43.36M	-42.62M
Asset Writedown	—	-0.39M	-1.05M	—	—
D&A For EBITDA	97.71M	69.94M	111.15M	138.65M	133.97M
Profitability & Returns
Gross Profit	0.41B	0.64B	0.61B	0.44B	0.57B
Gross Margin	+34.8%	+38.1%	+41.9%	+33.7%	+40.4%
EBIT	244.30M	510.67M	453.15M	302.09M	429.59M
EBIT Margin	+20.8%	+30.5%	+31.3%	+23.1%	+30.3%
EBITDA	0.34B	0.58B	0.56B	0.44B	0.56B
EBITDA Margin	+29.1%	+34.7%	+39.0%	+33.8%	+39.7%
EBT Excluding Unusual Items	209.30M	463.78M	417.38M	265.98M	394.15M
Pretax Income	209.30M	463.39M	416.33M	265.98M	394.15M
Operating Income	244.30M	510.67M	453.15M	302.09M	429.59M
Operating Margin	+20.8%	+30.5%	+31.3%	+23.1%	+30.3%
Profit Margin	+13.2%	+19.4%	+20.3%	+14.7%	+19.6%
Net Income	154.70M	326.63M	292.06M	191.71M	278.78M
Net Income to Common	154.70M	325.53M	293.12M	191.71M	278.78M
Net Income Growth	-44.5%	+0.2%	-9.9%	-37.0%	+3.0%
Earnings From Continuing Ops.	155.58M	330.36M	294.53M	193.18M	281.07M
Minority Interest in Earnings	-0.88M	-3.72M	-2.47M	-1.47M	-2.28M
Income Tax Expense	53.72M	133.03M	121.80M	72.80M	113.08M
Effective Tax Rate	+25.7%	+28.7%	+29.3%	+27.4%	+28.7%
Per Share & Capital
EPS (Basic)	0.01	0.01	0.01	0.01	0.01
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01
EPS Growth	-44.2%	-25.0%	+6.8%	-36.9%	+3.0%
Dividend Per Share	—	0.02	—	0.02	—
Shares Change (YoY)	-0.01	0.33	-0.15	-0	-0
Shares Outstanding (Basic)	29.88B	43.39B	25.46B	29.97B	30.06B
Shares Outstanding (Diluted)	29.88B	43.39B	25.46B	29.97B	30.06B
Dividend Growth	—	+2.0%	—	+2.0%	—
Free Cash Flow	0.18B	0.33B	0.50B	0.43B	0.39B
Free Cash Flow Margin	+15.2%	+19.6%	+34.9%	+32.6%	+27.3%
Free Cash Flow Per Share	0.01	0.01	0.02	0.01	0.01
Payout Ratio	—	—	+225.9%	+339.0%	—
Preferred Dividends & Other Adjustments	—	1.11M	-1.06M	—	—