Dubai Electricity & Water Authority Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

6,451.76

7,924.24

10,315.95

8,637.53

5,964.10

7,443.05

9,870.24

Other Operating Income

0.00

Total Operating income

6,451.76

7,924.24

10,315.95

8,637.53

5,964.10

7,443.05

9,870.24

Raw Material Cost

4,552.05

4,869.72

5,564.53

5,213.04

4,467.69

4,776.40

5,599.80

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,080.38

1,160.36

1,030.43

1,012.93

1,052.13

1,090.91

1,378.72

Power Cost

0.00

Manufacturing Expenses

322.01

593.57

383.33

428.36

421.72

614.86

484.27

Selling and Distribution Expenses

718.24

761.09

786.90

599.32

739.37

304.40

857.15

Other Expenses

-140.24

-175.39

-141.38

-144.13

-147.39

-170.58

-186.30

Total Expenditure (Excl Depreciation)

5,270.28

5,630.81

6,351.42

5,812.36

5,207.06

5,080.80

6,456.95

Operating Profit (PBDIT) excl Other Income

1181.5

2293.4

3964.5

2825.2

757

2362.2

3413.2999999999997

Other Income

113.56

-15.06

35.66

137.49

158.95

-95.89

280.78

Operating Profit (PBDIT)

2,958.59

4,091.76

5,725.75

4,611.33

2,527.23

3,932.45

5,409.88

Interest

322.01

593.57

383.33

428.36

421.72

614.86

484.27

Exceptional Items

58.86

695.27

696.85

100.55

90.31

259.73

-0.97

Gross Profit (PBDT)

1,899.72

3,054.52

4,751.43

3,424.49

1,496.41

2,666.65

4,270.44

Depreciation

1,650.84

1,735.61

1,723.46

1,645.47

1,604.59

1,640.53

1,688.48

Profit Before Tax

1,046.37

2,457.86

4,315.81

2,638.05

591.23

1,936.79

3,236.16

Tax

105.31

233.76

378.28

239.97

95.59

176.87

319.29

Provisions and contingencies

0.00

Profit After Tax

940.00

1,980.52

3,610.98

2,257.57

497.82

1,646.21

2,858.65

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

940.00

1,980.52

3,610.98

2,257.57

497.82

1,646.21

2,858.65

Share in Profit of Associates

0.00

Minority Interest

36.41

243.59

326.54

140.51

-2.18

113.70

58.22

Other related items

0.00

Consolidated Net Profit

941.06

2,224.10

3,937.52

2,398.08

495.64

1,759.91

2,916.87

Equity Capital

0.00

Face Value

0.01

Reserves

87,385.79

91,016.52

89,117.91

88,692.08

86,472.19

89,349.23

87,976.76

Earnings per share (EPS)

0.02

0.04

0.07

0.05

0.01

0.03

0.06

Diluted Earnings per share

0.02

0.04

0.07

0.05

0.01

0.03

0.06

Operating Profit Margin (Excl OI)

20.0%

29.92%

38.45%

32.75%

12.8%

32.08%

34.86%

Gross Profit Margin

41.81%

52.92%

58.54%

49.59%

36.82%

48.06%

49.89%

PAT Margin

14.57%

24.99%

35.0%

26.14%

8.35%

22.12%

28.96%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - YoY

Net Sales

YoY Growth in quarter ended Mar 2026 is 8.18% vs 2.83% in Mar 2025

Consolidate Net Profit

YoY Growth in quarter ended Mar 2026 is 89.89% vs -23.86% in Mar 2025

Operating Profit (PBDIT) excl Other Income

YoY Growth in quarter ended Mar 2026 is 20.13% vs 4.69% in Mar 2025

Interest

YoY Growth in quarter ended Mar 2026 is -23.64% vs -20.57% in Mar 2025

Operating Profit Margin (Excl OI)

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025

Compare Quarterly Results Of Dubai Electricity & Water Authority With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(AED)

Change(%)

Net Sales

6,451.76

12,138.00

-5,686.24

-46.85%

Other Operating Income

0.00

Total Operating income

6,451.76

12,138.00

-5,686.24

-46.85%

Raw Material Cost

4,552.05

9,574.00

-5,021.95

-52.45%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

1,080.38

0.00

1,080.38

Power Cost

0.00

Manufacturing Expenses

322.01

766.00

-443.99

-57.96%

Selling and Distribution Expenses

718.24

839.00

-120.76

-14.39%

Other Expenses

-140.24

-76.60

-63.64

-83.08%

Total Expenditure (Excl Depreciation)

5,270.28

10,413.00

-5,142.72

-49.39%

Operating Profit (PBDIT) excl Other Income

1,181.48

1,725.00

-543.52

-31.51%

Other Income

113.56

482.00

-368.44

-76.44%

Operating Profit (PBDIT)

2,958.59

4,561.00

-1,602.41

-35.13%

Interest

322.01

766.00

-443.99

-57.96%

Exceptional Items

58.86

14.00

44.86

320.43%

Gross Profit (PBDT)

1,899.72

2,564.00

-664.28

-25.91%

Depreciation

1,650.84

2,354.00

-703.16

-29.87%

Profit Before Tax

1,046.37

1,455.00

-408.63

-28.08%

Tax

105.31

527.00

-421.69

-80.02%

Provisions and contingencies

0.00

Profit After Tax

940.00

1,387.00

-447.00

-32.23%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

940.00

1,387.00

-447.00

-32.23%

Share in Profit of Associates

0.00

Minority Interest

36.41

-275.00

311.41

113.24%

Other related items

0.00

Consolidated Net Profit

941.06

1,112.00

-170.94

-15.37%

Equity Capital

0.00

Face Value

0.01

1.00

0.00

Reserves

87,385.79

1,02,454.00

-15,068.21

-14.71%

Earnings per share (EPS)

0.02

0.01

100.00%

Diluted Earnings per share

0.02

0.01

100.00%

Operating Profit Margin (Excl OI)

20.00%

14.21%

0.00

5.79%

Gross Profit Margin

41.81%

31.38%

0.00

10.43%

PAT Margin

14.57%

11.43%

0.00

3.14%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 645.18 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -18.58% vs -23.19% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 8.18% vs 2.83% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 94.11 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -57.69% vs -43.51% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 89.89% vs -23.86% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 284.50 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -30.72% vs -27.83% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 20.13% vs 4.69% in Mar 2025

Quarterly - Interest

Interest 32.20 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -45.75% vs 54.87% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -23.64% vs -20.57% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 20.00%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has fallen from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025