BOUBYAN PETROCHEMICAL CO.

Boubyan Petrochemical Co. (K.S.C.)

BPCCStocksBoursa KuwaitMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Apr 30, 2025	2024Apr 30, 2024	2023Apr 30, 2023	2022Apr 30, 2022	2021Apr 30, 2021
Operating Summary
Revenue	102.40M	82.99M	79.13M	72.02M	66.87M
Cost of Revenue	62.67M	52.14M	50.01M	48.33M	44.41M
Gross Profit	39.73M	30.84M	29.13M	23.69M	22.46M
SG&A	15.73M	14.63M	13.68M	11.65M	11.06M
Operating Expenses	20.11M	17.28M	16.52M	16.39M	15.85M
Operating Income	19.63M	13.57M	12.61M	7.30M	6.61M
Interest Income	22.27M	12.51M	23.18M	32.26M	11.24M
Interest Expense	-14.93M	-13.10M	-8.01M	-4.81M	-5.17M
Other Income/Expense	1.01M	0.72M	—	2.39M	11.38M
Pretax Income	38.56M	23.55M	42.77M	45.31M	22.61M
Income Tax	0.64M	0.32M	0.67M	1.31M	0.43M
Net Income	30.14M	17.68M	35.04M	38.76M	18.53M
EBITDA	27.31M	19.87M	18.20M	12.83M	12.85M
EBIT	19.63M	13.57M	12.61M	7.30M	6.61M
EPS (Basic)	0.06	0.03	0.07	0.07	0.04
EPS (Diluted)	0.06	0.03	0.07	0.07	0.04
DPS	0.04	0.06	0.06	0.06	0.06
Margins & Efficiency
Gross Margin %	+38.8%	+37.2%	+36.8%	+32.9%	+33.6%
EBITDA Margin %	+26.7%	+23.9%	+23.0%	+17.8%	+19.2%
Net Margin %	+29.4%	+21.3%	+44.3%	+53.8%	+27.7%
Revenue & Income
Revenue	102.40M	82.99M	79.13M	72.02M	66.87M
Revenue as Reported	—	—	79.13M	72.02M	66.87M
Revenue Growth (YoY)	+23.4%	+4.9%	+9.9%	+7.7%	-11.0%
Interest & Investment Income	22.27M	12.51M	23.18M	32.26M	11.24M
Earnings From Equity Investments	9.34M	11.80M	8.77M	7.71M	7.51M
Gain (Loss) on Sale of Assets	847.83K	—	—	—	—
Gain (Loss) on Sale of Investments	0.41M	-1.75M	6.18M	0.51M	-1.22M
Currency Exchange Gain (Loss)	-19.28K	-23.66K	35.16K	-37.50K	-48.74K
Expenses & Provisions
Cost of Revenue	62.67M	52.14M	50.01M	48.33M	44.41M
Selling, General & Admin	15.73M	14.63M	13.68M	11.65M	11.06M
Operating Expenses	20.11M	17.28M	16.52M	16.39M	15.85M
Interest Expense	-14.93M	-13.10M	-8.01M	-4.81M	-5.17M
Other Non Operating Income (Expenses)	1.01M	0.72M	—	2.39M	11.38M
Asset Writedown	—	-0.15M	—	-0.01M	-3.44M
Impairment of Goodwill	—	—	—	—	-4.25M
Amortization of Goodwill & Intangibles	965.56K	—	310.10K	310.10K	310.10K
D&A For EBITDA	7.68M	6.30M	5.59M	5.53M	6.24M
Profitability & Returns
Gross Profit	39.73M	30.84M	29.13M	23.69M	22.46M
Gross Margin	+38.8%	+37.2%	+36.8%	+32.9%	+33.6%
EBIT	19.63M	13.57M	12.61M	7.30M	6.61M
EBIT Margin	+19.2%	+16.3%	+15.9%	+10.1%	+9.9%
EBITDA	27.31M	19.87M	18.20M	12.83M	12.85M
EBITDA Margin	+26.7%	+23.9%	+23.0%	+17.8%	+19.2%
EBT Excluding Unusual Items	37.30M	25.46M	36.59M	44.81M	31.52M
Pretax Income	38.56M	23.55M	42.77M	45.31M	22.61M
Operating Income	19.63M	13.57M	12.61M	7.30M	6.61M
Operating Margin	+19.2%	+16.3%	+15.9%	+10.1%	+9.9%
Profit Margin	+29.4%	+21.3%	+44.3%	+53.8%	+27.7%
Net Income	30.14M	17.68M	35.04M	38.76M	18.53M
Net Income to Common	30.14M	17.68M	35.04M	38.76M	18.53M
Net Income Growth	+70.5%	-49.6%	-9.6%	+109.2%	+56.7%
Earnings From Continuing Ops.	37.91M	23.23M	42.10M	44.01M	22.18M
Minority Interest in Earnings	-7.77M	-5.55M	-7.06M	-5.25M	-3.66M
Income Tax Expense	0.64M	0.32M	0.67M	1.31M	0.43M
Effective Tax Rate	+1.7%	+1.4%	+1.6%	+2.9%	+1.9%
Per Share & Capital
EPS (Basic)	0.06	0.03	0.07	0.07	0.04
EPS (Diluted)	0.06	0.03	0.07	0.07	0.04
EPS Growth	+70.4%	-50.6%	-10.1%	+103.0%	+58.9%
Dividend Per Share	0.04	0.06	0.06	0.06	0.06
Shares Change (YoY)	0	0.02	0.01	0.03	-0.01
Shares Outstanding (Basic)	533.63M	533.29M	522.76M	519.96M	504.37M
Shares Outstanding (Diluted)	533.63M	533.29M	522.76M	519.96M	504.37M
Dividend Growth	-33.3%	—	—	+9.1%	+57.1%
Free Cash Flow	19.25M	5.82M	10.29M	13.93M	14.23M
Free Cash Flow Margin	+18.8%	+7.0%	+13.0%	+19.3%	+21.3%
Free Cash Flow Per Share	0.04	0.01	0.02	0.03	0.03
Payout Ratio	+105.6%	+181.0%	+88.4%	+73.6%	+93.1%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Apr 30, 2025	2024Apr 30, 2024	2023Apr 30, 2023	2022Apr 30, 2022	2021Apr 30, 2021
Operating Summary
Revenue	102.40M	82.99M	79.13M	72.02M	66.87M
Cost of Revenue	62.67M	52.14M	50.01M	48.33M	44.41M
Gross Profit	39.73M	30.84M	29.13M	23.69M	22.46M
SG&A	15.73M	14.63M	13.68M	11.65M	11.06M
Operating Expenses	20.11M	17.28M	16.52M	16.39M	15.85M
Operating Income	19.63M	13.57M	12.61M	7.30M	6.61M
Interest Income	22.27M	12.51M	23.18M	32.26M	11.24M
Interest Expense	-14.93M	-13.10M	-8.01M	-4.81M	-5.17M
Other Income/Expense	1.01M	0.72M	—	2.39M	11.38M
Pretax Income	38.56M	23.55M	42.77M	45.31M	22.61M
Income Tax	0.64M	0.32M	0.67M	1.31M	0.43M
Net Income	30.14M	17.68M	35.04M	38.76M	18.53M
EBITDA	27.31M	19.87M	18.20M	12.83M	12.85M
EBIT	19.63M	13.57M	12.61M	7.30M	6.61M
EPS (Basic)	0.06	0.03	0.07	0.07	0.04
EPS (Diluted)	0.06	0.03	0.07	0.07	0.04
DPS	0.04	0.06	0.06	0.06	0.06
Margins & Efficiency
Gross Margin %	+38.8%	+37.2%	+36.8%	+32.9%	+33.6%
EBITDA Margin %	+26.7%	+23.9%	+23.0%	+17.8%	+19.2%
Net Margin %	+29.4%	+21.3%	+44.3%	+53.8%	+27.7%
Revenue & Income
Revenue	102.40M	82.99M	79.13M	72.02M	66.87M
Revenue as Reported	—	—	79.13M	72.02M	66.87M
Revenue Growth (YoY)	+23.4%	+4.9%	+9.9%	+7.7%	-11.0%
Interest & Investment Income	22.27M	12.51M	23.18M	32.26M	11.24M
Earnings From Equity Investments	9.34M	11.80M	8.77M	7.71M	7.51M
Gain (Loss) on Sale of Assets	847.83K	—	—	—	—
Gain (Loss) on Sale of Investments	0.41M	-1.75M	6.18M	0.51M	-1.22M
Currency Exchange Gain (Loss)	-19.28K	-23.66K	35.16K	-37.50K	-48.74K
Expenses & Provisions
Cost of Revenue	62.67M	52.14M	50.01M	48.33M	44.41M
Selling, General & Admin	15.73M	14.63M	13.68M	11.65M	11.06M
Operating Expenses	20.11M	17.28M	16.52M	16.39M	15.85M
Interest Expense	-14.93M	-13.10M	-8.01M	-4.81M	-5.17M
Other Non Operating Income (Expenses)	1.01M	0.72M	—	2.39M	11.38M
Asset Writedown	—	-0.15M	—	-0.01M	-3.44M
Impairment of Goodwill	—	—	—	—	-4.25M
Amortization of Goodwill & Intangibles	965.56K	—	310.10K	310.10K	310.10K
D&A For EBITDA	7.68M	6.30M	5.59M	5.53M	6.24M
Profitability & Returns
Gross Profit	39.73M	30.84M	29.13M	23.69M	22.46M
Gross Margin	+38.8%	+37.2%	+36.8%	+32.9%	+33.6%
EBIT	19.63M	13.57M	12.61M	7.30M	6.61M
EBIT Margin	+19.2%	+16.3%	+15.9%	+10.1%	+9.9%
EBITDA	27.31M	19.87M	18.20M	12.83M	12.85M
EBITDA Margin	+26.7%	+23.9%	+23.0%	+17.8%	+19.2%
EBT Excluding Unusual Items	37.30M	25.46M	36.59M	44.81M	31.52M
Pretax Income	38.56M	23.55M	42.77M	45.31M	22.61M
Operating Income	19.63M	13.57M	12.61M	7.30M	6.61M
Operating Margin	+19.2%	+16.3%	+15.9%	+10.1%	+9.9%
Profit Margin	+29.4%	+21.3%	+44.3%	+53.8%	+27.7%
Net Income	30.14M	17.68M	35.04M	38.76M	18.53M
Net Income to Common	30.14M	17.68M	35.04M	38.76M	18.53M
Net Income Growth	+70.5%	-49.6%	-9.6%	+109.2%	+56.7%
Earnings From Continuing Ops.	37.91M	23.23M	42.10M	44.01M	22.18M
Minority Interest in Earnings	-7.77M	-5.55M	-7.06M	-5.25M	-3.66M
Income Tax Expense	0.64M	0.32M	0.67M	1.31M	0.43M
Effective Tax Rate	+1.7%	+1.4%	+1.6%	+2.9%	+1.9%
Per Share & Capital
EPS (Basic)	0.06	0.03	0.07	0.07	0.04
EPS (Diluted)	0.06	0.03	0.07	0.07	0.04
EPS Growth	+70.4%	-50.6%	-10.1%	+103.0%	+58.9%
Dividend Per Share	0.04	0.06	0.06	0.06	0.06
Shares Change (YoY)	0	0.02	0.01	0.03	-0.01
Shares Outstanding (Basic)	533.63M	533.29M	522.76M	519.96M	504.37M
Shares Outstanding (Diluted)	533.63M	533.29M	522.76M	519.96M	504.37M
Dividend Growth	-33.3%	—	—	+9.1%	+57.1%
Free Cash Flow	19.25M	5.82M	10.29M	13.93M	14.23M
Free Cash Flow Margin	+18.8%	+7.0%	+13.0%	+19.3%	+21.3%
Free Cash Flow Per Share	0.04	0.01	0.02	0.03	0.03
Payout Ratio	+105.6%	+181.0%	+88.4%	+73.6%	+93.1%