National Industries Company

National Industries Company for Building Materials

NICBMStocksBoursa KuwaitIndustrials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

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	15.30M	15.77M	13.34M	12.84M	12.41M
Cost of Revenue	13.10M	12.32M	11.18M	10.87M	10.27M
Gross Profit	2.19M	3.45M	2.16M	1.97M	2.15M
SG&A	2.34M	2.36M	1.74M	1.69M	2.16M
Operating Expenses	2.09M	2.86M	1.48M	1.36M	2.02M
Operating Income	0.11M	0.59M	0.67M	0.61M	0.12M
Interest Income	—	0.83M	0.44M	0.66M	0.53M
Interest Expense	-31.19K	-76.44K	-29.87K	-27.79K	-39.44K
Other Income/Expense	—	-12.75K	-8.48K	-7.91K	-6.69K
Pretax Income	0.06M	1.31M	1.06M	1.17M	0.61M
Income Tax	2.43K	20.73K	10.01K	7.67K	8.10K
Net Income	-0.11M	1.14M	0.91M	1.02M	0.52M
EBITDA	1.01M	1.44M	1.55M	1.45M	0.96M
EBIT	0.11M	0.59M	0.67M	0.61M	0.12M
EPS (Basic)	-0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	-0.00	0.00	0.00	0.00	0.00
Margins & Efficiency
Gross Margin %	+14.3%	+21.9%	+16.2%	+15.3%	+17.3%
EBITDA Margin %	+6.6%	+9.1%	+11.6%	+11.3%	+7.8%
Net Margin %	-0.7%	+7.2%	+6.8%	+7.9%	+4.2%
Revenue & Income
Revenue	15.30M	15.77M	13.34M	12.84M	12.41M
Revenue Growth (YoY)	+23.2%	+21.0%	+1.0%	+5.0%	-4.2%
Interest & Investment Income	—	0.83M	0.44M	0.66M	0.53M
Earnings From Equity Investments	-1.91K	-8.22K	-12.94K	-304.03K	-0.18K
Gain (Loss) on Sale of Investments	-10.78K	—	—	235.00K	—
Currency Exchange Gain (Loss)	-0.47K	-9.69K	0.05K	-0.50K	-0.90K
Expenses & Provisions
Cost of Revenue	13.10M	12.32M	11.18M	10.87M	10.27M
Selling, General & Admin	2.34M	2.36M	1.74M	1.69M	2.16M
Operating Expenses	2.09M	2.86M	1.48M	1.36M	2.02M
Other Operating Expenses	-452.43K	421.03K	-272.51K	-349.62K	-323.05K
Interest Expense	-31.19K	-76.44K	-29.87K	-27.79K	-39.44K
Other Non Operating Income (Expenses)	—	-12.75K	-8.48K	-7.91K	-6.69K
Legal Settlements	—	—	—	—	—
D&A For EBITDA	906.16K	848.04K	879.23K	838.36K	839.40K
Profitability & Returns
Gross Profit	2.19M	3.45M	2.16M	1.97M	2.15M
Gross Margin	+14.3%	+21.9%	+16.2%	+15.3%	+17.3%
EBIT	0.11M	0.59M	0.67M	0.61M	0.12M
EBIT Margin	+0.7%	+3.7%	+5.1%	+4.8%	+1.0%
EBITDA	1.01M	1.44M	1.55M	1.45M	0.96M
EBITDA Margin	+6.6%	+9.1%	+11.6%	+11.3%	+7.8%
EBT Excluding Unusual Items	0.07M	1.31M	1.06M	0.93M	0.61M
Pretax Income	0.06M	1.31M	1.06M	1.17M	0.61M
Operating Income	0.11M	0.59M	0.67M	0.61M	0.12M
Operating Margin	+0.7%	+3.7%	+5.1%	+4.8%	+1.0%
Profit Margin	-0.7%	+7.2%	+6.8%	+7.9%	+4.2%
Net Income	-0.11M	1.14M	0.91M	1.02M	0.52M
Net Income to Common	-0.11M	1.14M	0.91M	1.02M	0.52M
Net Income to Company	0.06M	1.29M	1.05M	1.16M	0.60M
Net Income Growth	—	-27.1%	-37.3%	+3.2%	-74.8%
Earnings From Continuing Ops.	0.06M	1.29M	1.05M	1.16M	0.60M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	-164.40K	-149.99K	-143.48K	-139.72K	-81.58K
Income Tax Expense	2.43K	20.73K	10.01K	7.67K	8.10K
Effective Tax Rate	+4.0%	+1.6%	+0.9%	+0.7%	+1.3%
Per Share & Capital
EPS (Basic)	-0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	-0.00	0.00	0.00	0.00	0.00
EPS Growth	—	-26.3%	-36.5%	+4.6%	-74.5%
Dividend Per Share	—	0.01	—	—	—
Shares Change (YoY)	-0.01	-0.01	-0.01	-0.01	-0.01
Shares Outstanding (Basic)	345.20M	346.43M	346.79M	346.82M	346.90M
Shares Outstanding (Diluted)	345.20M	347.66M	348.44M	348.47M	348.54M
Free Cash Flow	2.82M	5.65M	1.60M	0.89M	-0.81M
Free Cash Flow Margin	+18.4%	+35.8%	+12.0%	+7.0%	-6.5%
Free Cash Flow Per Share	0.01	0.02	0.01	0.00	-0.00
Payout Ratio	—	—	—	+339.9%	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

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	15.30M	15.77M	13.34M	12.84M	12.41M
Cost of Revenue	13.10M	12.32M	11.18M	10.87M	10.27M
Gross Profit	2.19M	3.45M	2.16M	1.97M	2.15M
SG&A	2.34M	2.36M	1.74M	1.69M	2.16M
Operating Expenses	2.09M	2.86M	1.48M	1.36M	2.02M
Operating Income	0.11M	0.59M	0.67M	0.61M	0.12M
Interest Income	—	0.83M	0.44M	0.66M	0.53M
Interest Expense	-31.19K	-76.44K	-29.87K	-27.79K	-39.44K
Other Income/Expense	—	-12.75K	-8.48K	-7.91K	-6.69K
Pretax Income	0.06M	1.31M	1.06M	1.17M	0.61M
Income Tax	2.43K	20.73K	10.01K	7.67K	8.10K
Net Income	-0.11M	1.14M	0.91M	1.02M	0.52M
EBITDA	1.01M	1.44M	1.55M	1.45M	0.96M
EBIT	0.11M	0.59M	0.67M	0.61M	0.12M
EPS (Basic)	-0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	-0.00	0.00	0.00	0.00	0.00
Margins & Efficiency
Gross Margin %	+14.3%	+21.9%	+16.2%	+15.3%	+17.3%
EBITDA Margin %	+6.6%	+9.1%	+11.6%	+11.3%	+7.8%
Net Margin %	-0.7%	+7.2%	+6.8%	+7.9%	+4.2%
Revenue & Income
Revenue	15.30M	15.77M	13.34M	12.84M	12.41M
Revenue Growth (YoY)	+23.2%	+21.0%	+1.0%	+5.0%	-4.2%
Interest & Investment Income	—	0.83M	0.44M	0.66M	0.53M
Earnings From Equity Investments	-1.91K	-8.22K	-12.94K	-304.03K	-0.18K
Gain (Loss) on Sale of Investments	-10.78K	—	—	235.00K	—
Currency Exchange Gain (Loss)	-0.47K	-9.69K	0.05K	-0.50K	-0.90K
Expenses & Provisions
Cost of Revenue	13.10M	12.32M	11.18M	10.87M	10.27M
Selling, General & Admin	2.34M	2.36M	1.74M	1.69M	2.16M
Operating Expenses	2.09M	2.86M	1.48M	1.36M	2.02M
Other Operating Expenses	-452.43K	421.03K	-272.51K	-349.62K	-323.05K
Interest Expense	-31.19K	-76.44K	-29.87K	-27.79K	-39.44K
Other Non Operating Income (Expenses)	—	-12.75K	-8.48K	-7.91K	-6.69K
Legal Settlements	—	—	—	—	—
D&A For EBITDA	906.16K	848.04K	879.23K	838.36K	839.40K
Profitability & Returns
Gross Profit	2.19M	3.45M	2.16M	1.97M	2.15M
Gross Margin	+14.3%	+21.9%	+16.2%	+15.3%	+17.3%
EBIT	0.11M	0.59M	0.67M	0.61M	0.12M
EBIT Margin	+0.7%	+3.7%	+5.1%	+4.8%	+1.0%
EBITDA	1.01M	1.44M	1.55M	1.45M	0.96M
EBITDA Margin	+6.6%	+9.1%	+11.6%	+11.3%	+7.8%
EBT Excluding Unusual Items	0.07M	1.31M	1.06M	0.93M	0.61M
Pretax Income	0.06M	1.31M	1.06M	1.17M	0.61M
Operating Income	0.11M	0.59M	0.67M	0.61M	0.12M
Operating Margin	+0.7%	+3.7%	+5.1%	+4.8%	+1.0%
Profit Margin	-0.7%	+7.2%	+6.8%	+7.9%	+4.2%
Net Income	-0.11M	1.14M	0.91M	1.02M	0.52M
Net Income to Common	-0.11M	1.14M	0.91M	1.02M	0.52M
Net Income to Company	0.06M	1.29M	1.05M	1.16M	0.60M
Net Income Growth	—	-27.1%	-37.3%	+3.2%	-74.8%
Earnings From Continuing Ops.	0.06M	1.29M	1.05M	1.16M	0.60M
Earnings From Discontinued Ops.	—	—	—	—	—
Minority Interest in Earnings	-164.40K	-149.99K	-143.48K	-139.72K	-81.58K
Income Tax Expense	2.43K	20.73K	10.01K	7.67K	8.10K
Effective Tax Rate	+4.0%	+1.6%	+0.9%	+0.7%	+1.3%
Per Share & Capital
EPS (Basic)	-0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	-0.00	0.00	0.00	0.00	0.00
EPS Growth	—	-26.3%	-36.5%	+4.6%	-74.5%
Dividend Per Share	—	0.01	—	—	—
Shares Change (YoY)	-0.01	-0.01	-0.01	-0.01	-0.01
Shares Outstanding (Basic)	345.20M	346.43M	346.79M	346.82M	346.90M
Shares Outstanding (Diluted)	345.20M	347.66M	348.44M	348.47M	348.54M
Free Cash Flow	2.82M	5.65M	1.60M	0.89M	-0.81M
Free Cash Flow Margin	+18.4%	+35.8%	+12.0%	+7.0%	-6.5%
Free Cash Flow Per Share	0.01	0.02	0.01	0.00	-0.00
Payout Ratio	—	—	—	+339.9%	—