EMSTEEL BUILDING MATERIALS

EMSTEEL BUILDING MATERIALS PJSC

EMSTEELStocksAbu Dhabi Securities ExchangeMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	8.94B	8.34B	8.90B	9.45B	3.02B
Cost of Revenue	7.67B	7.58B	7.80B	8.48B	2.75B
Gross Profit	1.27B	0.76B	1.10B	0.97B	0.28B
SG&A	641.40M	468.60M	452.39M	416.43M	216.42M
Operating Expenses	641.40M	468.60M	452.39M	416.43M	216.42M
Operating Income	625.19M	291.04M	644.92M	552.97M	60.70M
Interest Income	15.39M	14.00M	7.81M	5.33M	0.02M
Interest Expense	-76.84M	-88.50M	-96.72M	-84.17M	-40.18M
Other Income/Expense	4.04M	3.78M	22.33M	28.27M	3.69M
Pretax Income	572.49M	431.65M	601.92M	510.21M	-744.63M
Income Tax	49.87M	39.26M	—	—	—
Net Income	522.62M	392.39M	601.92M	510.21M	-744.63M
EBITDA	1.20B	0.85B	1.18B	1.09B	0.22B
EBIT	625.19M	291.04M	644.92M	552.97M	60.70M
EPS (Basic)	0.08	0.06	0.09	0.07	-0.25
EPS (Diluted)	0.08	0.06	0.09	0.07	-0.25
Margins & Efficiency
Gross Margin %	+14.2%	+9.1%	+12.3%	+10.3%	+9.2%
EBITDA Margin %	+13.4%	+10.1%	+13.2%	+11.5%	+7.3%
Net Margin %	+5.8%	+4.7%	+6.8%	+5.4%	-24.6%
Revenue & Income
Revenue	8.94B	8.34B	8.90B	9.45B	3.02B
Revenue Growth (YoY)	+7.2%	-6.3%	-5.9%	+212.8%	+264.7%
Interest & Investment Income	15.39M	14.00M	7.81M	5.33M	0.02M
Earnings From Equity Investments	—	—	16.48M	7.81M	-22.72M
Gain (Loss) on Sale of Assets	4.71M	—	7.07M	—	—
Gain (Loss) on Sale of Investments	—	4.98M	—	—	-50.00M
Currency Exchange Gain (Loss)	—	-0.97M	0.03M	—	3.86M
Expenses & Provisions
Cost of Revenue	7.67B	7.58B	7.80B	8.48B	2.75B
Selling, General & Admin	641.40M	468.60M	452.39M	416.43M	216.42M
Operating Expenses	641.40M	468.60M	452.39M	416.43M	216.42M
Interest Expense	-76.84M	-88.50M	-96.72M	-84.17M	-40.18M
Other Non Operating Income (Expenses)	4.04M	3.78M	22.33M	28.27M	3.69M
Asset Writedown	—	207.32M	—	—	-585.62M
Impairment of Goodwill	—	—	—	—	-114.38M
D&A For EBITDA	570.81M	554.55M	533.52M	535.95M	158.79M
Profitability & Returns
Gross Profit	1.27B	0.76B	1.10B	0.97B	0.28B
Gross Margin	+14.2%	+9.1%	+12.3%	+10.3%	+9.2%
EBIT	625.19M	291.04M	644.92M	552.97M	60.70M
EBIT Margin	+7.0%	+3.5%	+7.2%	+5.9%	+2.0%
EBITDA	1.20B	0.85B	1.18B	1.09B	0.22B
EBITDA Margin	+13.4%	+10.1%	+13.2%	+11.5%	+7.3%
EBT Excluding Unusual Items	567.78M	219.35M	594.85M	510.21M	5.37M
Pretax Income	572.49M	431.65M	601.92M	510.21M	-744.63M
Operating Income	625.19M	291.04M	644.92M	552.97M	60.70M
Operating Margin	+7.0%	+3.5%	+7.2%	+5.9%	+2.0%
Profit Margin	+5.8%	+4.7%	+6.8%	+5.4%	-24.6%
Net Income	522.62M	392.39M	601.92M	510.21M	-744.63M
Net Income to Common	522.62M	392.39M	601.92M	510.21M	-744.63M
Net Income Growth	+33.2%	-34.8%	+18.0%	—	—
Income Tax Expense	49.87M	39.26M	—	—	—
Effective Tax Rate	+8.7%	+9.1%	—	—	—
Per Share & Capital
EPS (Basic)	0.08	0.06	0.09	0.07	-0.25
EPS (Diluted)	0.08	0.06	0.09	0.07	-0.25
EPS Growth	+33.2%	-34.8%	+18.0%	—	—
Shares Change (YoY)	—	—	—	1.26	0.73
Shares Outstanding (Basic)	6.85B	6.85B	6.85B	6.85B	3.04B
Shares Outstanding (Diluted)	6.85B	6.85B	6.85B	6.85B	3.04B
Free Cash Flow	0.86B	0.44B	1.26B	1.31B	0.76B
Free Cash Flow Margin	+9.6%	+5.2%	+14.2%	+13.9%	+25.0%
Free Cash Flow Per Share	0.13	0.06	0.18	0.19	0.25

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	8.94B	8.34B	8.90B	9.45B	3.02B
Cost of Revenue	7.67B	7.58B	7.80B	8.48B	2.75B
Gross Profit	1.27B	0.76B	1.10B	0.97B	0.28B
SG&A	641.40M	468.60M	452.39M	416.43M	216.42M
Operating Expenses	641.40M	468.60M	452.39M	416.43M	216.42M
Operating Income	625.19M	291.04M	644.92M	552.97M	60.70M
Interest Income	15.39M	14.00M	7.81M	5.33M	0.02M
Interest Expense	-76.84M	-88.50M	-96.72M	-84.17M	-40.18M
Other Income/Expense	4.04M	3.78M	22.33M	28.27M	3.69M
Pretax Income	572.49M	431.65M	601.92M	510.21M	-744.63M
Income Tax	49.87M	39.26M	—	—	—
Net Income	522.62M	392.39M	601.92M	510.21M	-744.63M
EBITDA	1.20B	0.85B	1.18B	1.09B	0.22B
EBIT	625.19M	291.04M	644.92M	552.97M	60.70M
EPS (Basic)	0.08	0.06	0.09	0.07	-0.25
EPS (Diluted)	0.08	0.06	0.09	0.07	-0.25
Margins & Efficiency
Gross Margin %	+14.2%	+9.1%	+12.3%	+10.3%	+9.2%
EBITDA Margin %	+13.4%	+10.1%	+13.2%	+11.5%	+7.3%
Net Margin %	+5.8%	+4.7%	+6.8%	+5.4%	-24.6%
Revenue & Income
Revenue	8.94B	8.34B	8.90B	9.45B	3.02B
Revenue Growth (YoY)	+7.2%	-6.3%	-5.9%	+212.8%	+264.7%
Interest & Investment Income	15.39M	14.00M	7.81M	5.33M	0.02M
Earnings From Equity Investments	—	—	16.48M	7.81M	-22.72M
Gain (Loss) on Sale of Assets	4.71M	—	7.07M	—	—
Gain (Loss) on Sale of Investments	—	4.98M	—	—	-50.00M
Currency Exchange Gain (Loss)	—	-0.97M	0.03M	—	3.86M
Expenses & Provisions
Cost of Revenue	7.67B	7.58B	7.80B	8.48B	2.75B
Selling, General & Admin	641.40M	468.60M	452.39M	416.43M	216.42M
Operating Expenses	641.40M	468.60M	452.39M	416.43M	216.42M
Interest Expense	-76.84M	-88.50M	-96.72M	-84.17M	-40.18M
Other Non Operating Income (Expenses)	4.04M	3.78M	22.33M	28.27M	3.69M
Asset Writedown	—	207.32M	—	—	-585.62M
Impairment of Goodwill	—	—	—	—	-114.38M
D&A For EBITDA	570.81M	554.55M	533.52M	535.95M	158.79M
Profitability & Returns
Gross Profit	1.27B	0.76B	1.10B	0.97B	0.28B
Gross Margin	+14.2%	+9.1%	+12.3%	+10.3%	+9.2%
EBIT	625.19M	291.04M	644.92M	552.97M	60.70M
EBIT Margin	+7.0%	+3.5%	+7.2%	+5.9%	+2.0%
EBITDA	1.20B	0.85B	1.18B	1.09B	0.22B
EBITDA Margin	+13.4%	+10.1%	+13.2%	+11.5%	+7.3%
EBT Excluding Unusual Items	567.78M	219.35M	594.85M	510.21M	5.37M
Pretax Income	572.49M	431.65M	601.92M	510.21M	-744.63M
Operating Income	625.19M	291.04M	644.92M	552.97M	60.70M
Operating Margin	+7.0%	+3.5%	+7.2%	+5.9%	+2.0%
Profit Margin	+5.8%	+4.7%	+6.8%	+5.4%	-24.6%
Net Income	522.62M	392.39M	601.92M	510.21M	-744.63M
Net Income to Common	522.62M	392.39M	601.92M	510.21M	-744.63M
Net Income Growth	+33.2%	-34.8%	+18.0%	—	—
Income Tax Expense	49.87M	39.26M	—	—	—
Effective Tax Rate	+8.7%	+9.1%	—	—	—
Per Share & Capital
EPS (Basic)	0.08	0.06	0.09	0.07	-0.25
EPS (Diluted)	0.08	0.06	0.09	0.07	-0.25
EPS Growth	+33.2%	-34.8%	+18.0%	—	—
Shares Change (YoY)	—	—	—	1.26	0.73
Shares Outstanding (Basic)	6.85B	6.85B	6.85B	6.85B	3.04B
Shares Outstanding (Diluted)	6.85B	6.85B	6.85B	6.85B	3.04B
Free Cash Flow	0.86B	0.44B	1.26B	1.31B	0.76B
Free Cash Flow Margin	+9.6%	+5.2%	+14.2%	+13.9%	+25.0%
Free Cash Flow Per Share	0.13	0.06	0.18	0.19	0.25