Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,412.25
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
1,412.25
1,630.19
1,334.71
747.62
373.48
474.90
671.55
Raw Material Cost
1,070.63
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
128.36
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
34.86
43.01
36.97
14.04
7.47
6.09
14.97
Selling and Distribution Expenses
98.30
94.38
65.58
37.22
32.66
51.60
46.43
Other Expenses
-16.32
-18.47
-14.48
-7.86
-6.73
-7.12
-15.31
Total Expenditure (Excl Depreciation)
1,168.92
1,328.91
1,119.70
680.78
382.09
507.75
706.37
Operating Profit (PBDIT) excl Other Income
243.29999999999998
301.3
215
66.8
-8.6
-32.9
-34.8
Other Income
71.43
7.25
43.25
2.90
3.75
0.34
0.57
Operating Profit (PBDIT)
397.75
387.73
314.60
112.16
40.16
11.02
10.51
Interest
34.86
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)
341.63
395.66
280.59
104.06
24.06
18.75
11.61
Depreciation
82.99
79.20
56.35
42.43
45.02
43.53
44.77
Profit Before Tax
279.90
265.51
221.29
55.70
-12.33
-38.61
-49.28
Tax
16.73
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
191.60
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
191.60
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
71.57
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
263.17
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
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
852.75
862.45
721.87
550.52
495.20
493.18
528.06
Earnings per share (EPS)
3.76
3.54
3.39
1.06
0.02
-0.68
-0.53
Diluted Earnings per share
3.76
3.54
3.39
1.06
0.02
-0.68
-0.53
Operating Profit Margin (Excl OI)
17.23%
18.48%
16.11%
8.94%
-2.3%
-6.92%
-5.19%
Gross Profit Margin
25.7%
21.15%
20.8%
13.13%
8.75%
1.04%
-0.67%
PAT Margin
13.57%
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 -13.37% vs 22.14% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 5.20% vs 15.03% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -14.24% vs 40.20% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -18.84% 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
1,412.25
0
1,412.25
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,412.25
0
1,412.25
Raw Material Cost
1,070.63
0
1,070.63
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
128.36
0
128.36
Power Cost
0
0
0.00
Manufacturing Expenses
34.86
0
34.86
Selling and Distribution Expenses
98.30
0
98.30
Other Expenses
-16.32
0.00
-16.32
Total Expenditure (Excl Depreciation)
1,168.92
0
1,168.92
Operating Profit (PBDIT) excl Other Income
243.33
0.00
243.33
Other Income
71.43
0
71.43
Operating Profit (PBDIT)
397.75
0
397.75
Interest
34.86
0
34.86
Exceptional Items
0.00
0
0.00
Gross Profit (PBDT)
341.63
0
341.63
Depreciation
82.99
0
82.99
Profit Before Tax
279.90
0
279.90
Tax
16.73
0
16.73
Provisions and contingencies
0
0
0.00
Profit After Tax
191.60
0
191.60
Extraordinary Items
0.00
0
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
191.60
0
191.60
Share in Profit of Associates
0
0
0.00
Minority Interest
71.57
0
71.57
Other related items
0.00
0.00
0.00
Consolidated Net Profit
263.17
0
263.17
Equity Capital
0
0
0.00
Face Value
10.00
0
0.00
Reserves
852.75
0
852.75
Earnings per share (EPS)
3.76
0
3.76
Diluted Earnings per share
3.76
0
3.76
Operating Profit Margin (Excl OI)
17.23%
0%
0.00
17.23%
Gross Profit Margin
25.70%
0%
0.00
25.70%
PAT Margin
13.57%
0%
0.00
13.57%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 141.23 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -13.37% vs 22.14% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 26.32 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 5.20% vs 15.03% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 32.63 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -14.24% vs 40.20% in Dec 2024
Annual - Interest
Interest 3.49 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -18.84% vs 16.22% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 17.23%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






