Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,412.00
1,630.19
1,334.71
747.62
373.48
474.90
671.55
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,412.00
1,630.19
1,334.71
747.62
373.48
474.90
671.55
Raw Material Cost
1,066.00
1,234.53
1,054.12
643.57
349.43
456.15
659.94
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
141.69
107.81
64.58
59.79
65.14
138.08
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
43.01
36.97
14.04
7.47
6.09
14.97
Selling and Distribution Expenses
0.00
94.38
65.58
37.22
32.66
51.60
46.43
Other Expenses
0.00
-18.47
-14.48
-7.86
-6.73
-7.12
-15.31
Total Expenditure (Excl Depreciation)
1,066.00
1,328.91
1,119.70
680.78
382.09
507.75
706.37
Operating Profit (PBDIT) excl Other Income
346
301.3
215
66.8
-8.6
-32.9
-34.8
Other Income
0.00
7.25
43.25
2.90
3.75
0.34
0.57
Operating Profit (PBDIT)
340.00
387.73
314.60
112.16
40.16
11.02
10.51
Interest
0.00
43.01
36.97
14.04
7.47
6.09
14.97
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
-0.06
Gross Profit (PBDT)
346.00
395.66
280.59
104.06
24.06
18.75
11.61
Depreciation
83.00
79.20
56.35
42.43
45.02
43.53
44.77
Profit Before Tax
0.00
265.51
221.29
55.70
-12.33
-38.61
-49.28
Tax
0.00
15.30
6.94
9.98
0.44
-0.72
-13.52
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
192.00
180.54
173.25
54.89
-17.99
-33.11
-26.83
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
192.00
180.54
173.25
54.89
-17.99
-33.11
-26.83
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
69.67
44.21
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
192.00
250.21
217.46
54.89
-17.99
-33.11
-26.83
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
853.00
862.45
721.87
550.52
495.20
493.18
528.06
Earnings per share (EPS)
0.0
3.54
3.39
1.06
0.02
-0.68
-0.53
Diluted Earnings per share
0.0
3.54
3.39
1.06
0.02
-0.68
-0.53
Operating Profit Margin (Excl OI)
18.2%
18.48%
16.11%
8.94%
-2.3%
-6.92%
-5.19%
Gross Profit Margin
5.88%
21.15%
20.8%
13.13%
8.75%
1.04%
-0.67%
PAT Margin
13.6%
11.07%
12.98%
7.34%
-4.82%
-6.97%
-4.0%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is -13.38% vs 22.14% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -23.26% vs 15.03% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -10.64% vs 40.20% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -100.00% vs 16.22% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Saudi Steel Pipe Co. With
Figures in Million
Consolidate Annual Results
Change(SAR)
Change(%)
Net Sales
1,412.00
0
1,412.00
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,412.00
0
1,412.00
Raw Material Cost
1,066.00
0
1,066.00
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
0.00
0
0.00
Selling and Distribution Expenses
0.00
0
0.00
Other Expenses
0.00
0.00
0.00
Total Expenditure (Excl Depreciation)
1,066.00
0
1,066.00
Operating Profit (PBDIT) excl Other Income
346.00
0.00
346.00
Other Income
0.00
0
0.00
Operating Profit (PBDIT)
340.00
0
340.00
Interest
0.00
0
0.00
Exceptional Items
0.00
0
0.00
Gross Profit (PBDT)
346.00
0
346.00
Depreciation
83.00
0
83.00
Profit Before Tax
0.00
0
0.00
Tax
0.00
0
0.00
Provisions and contingencies
0
0
0.00
Profit After Tax
192.00
0
192.00
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
192.00
0
192.00
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
0
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
192.00
0
192.00
Equity Capital
0
0
0.00
Face Value
0.00
0
0.00
Reserves
853.00
0
853.00
Earnings per share (EPS)
0.00
0
0.00
Diluted Earnings per share
0.00
0
0.00
Operating Profit Margin (Excl OI)
18.20%
0%
0.00
18.20%
Gross Profit Margin
5.88%
0%
0.00
5.88%
PAT Margin
13.60%
0%
0.00
13.60%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 141.20 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -13.38% vs 22.14% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 19.20 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -23.26% vs 15.03% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 34.00 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -10.64% vs 40.20% in Dec 2024
Annual - Interest
No Interest in the last few periods
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 18.20%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






