Ijm Corporation Berhad · MYX:IJM
Ijm Corporation Berhad — 2QFY2026 Earnings Presentation
21 slides from Ijm Corporation Berhad's earnings presentation, April 2026
Slide 1: Financial Results for the Second Quarter of Financial Year 2026
IJM CORPORATION BERHAD Financial Results for the Second Quarter of Financial Year 2026 Company Briefing
Slide 2: 2QFY2026 Group Performance Review
2QFY2026 Group Performance Review 01 Group Income Statement 02 Group Balance Sheet 03 Divisional Performance
Slide 3: Group Income Statement
Group Income Statement RM’mil 2QFY26 2QFY25 %∆ 1HFY26 1HFY25 %∆ Revenue 1,674.2 1,516.3 10.4 3,407.6 2,920.6 16.7 EBITDA 248.7 295.4 (15.8) 543.0 603.7 (10.1) Operating Profit 169.3 238.2 (28.9) 396.6 472.0 (16.0) Finance Cost (62.3) (72.1) (135.1) (148.7) Operating Profit After Finance Cost 107.0 1
Slide 4: Group Core Profit Before Tax
Group Core Profit Before Tax RM’mil 2QFY26 1HFY26 1HFY25 Reported PBT 120.8 273.5 305.3 Add/(less): Forex loss/(gain) 59.6 42.4 Fair value loss/(gain) on WCEHB 88.5 warrants Group Core PBT 180.4 315.9 393.8 (excluding one-offs and forex) (19.8%) 3
Slide 5: Group Balance Sheet
Group Balance Sheet RM’mil 30 Sept 2025 31 March 2025 Share Capital 6,132.4 6,132.4 Shareholders’ Funds 10,201.3 10,276.3 Total Assets 22,089.7 21,769.3 Net Assets Per Share (RM) 2.91 2.93 Total Cash 1,895.9 2,494.0 Total Borrowings (5,977.4) (5,842.4) Net Debt (4,081.5) (3,348.4) Net Debt / Shareho
Slide 6: Construction 2QFY26 Results
Construction 2QFY26 Results RM’mil 2QFY26 2QFY25 %∆ 1HFY26 1HFY25 %∆ Revenue 825.1 623.3 32.4 1,793.9 1,163.8 54.1 EBITDA 54.1 49.6 9.1 105.1 99.2 6.0 PBT 37.3 28.7 30.2 71.9 52.3 37.4 PBT % 4.5 4.6 4.0 4.5 Comments: Revenue for 2QFY26 and 1HFY26 increased by 32.4% and 54.1% respectively as compared
Slide 7: Construction Division - Highlights
Construction Division - Highlights TOTAL OUTSTANDING ORDER BOOK (YTD) NEW ORDER BOOK (YTD) RM14.4 billion RM5.3 billion Buildings 75% Major Contracts Secured in YTD FY26: Outstanding Order Book • Bandar Rimbayu mixed development – RM162m IJM Roads RM8.4 billion • Seremban 2 mixed development – RM13.
Slide 8: Property 2QFY26 Results
Property 2QFY26 Results RM’mil 2QFY26 2QFY25 %∆ 1HFY26 1HFY25 %∆ Revenue 329.3 405.2 (18.7) 570.1 747.7 (23.8) EBITDA 15.3 40.7 (62.3) 62.9 96.4 (34.7) PBT 7.1 30.2 (76.5) 34.3 70.1 (51.1) PBT % 2.2 7.5 6.0 9.4 Comments Revenue for 2QFY26 and 1HFY26 decreased by 18.7% and 23.8% respectively as compa
Slide 9: Property Division - Highlights
Property Division - Highlights NEW SALES RECORDED RM’million 2,500 RM2.4bn 4% 11% 2,000 21% RM1.5bn 1,500 2% 11% 6% 21% 21% 1,000 RM719mn 14% 63% 1% 17% 10% 500 63% 57% 72% - FY24 FY25 1HFY26 Property sales RM2,120m Property sales RM1,367m Property sales RM555.6m Land sales RM260m Land sales RM87m L
Slide 10: Industry 2QFY26 Results
Industry 2QFY26 Results RM’mil 2QFY26 2QFY25 %∆ 1HFY26 1HFY25 %∆ Revenue 309.9 266.7 16.2 621.7 535.1 16.2 EBITDA 66.4 62.6 6.0 134.0 120.6 11.1 PBT 52.5 47.9 9.5 106.8 91.9 16.3 PBT % 16.9 18.0 17.2 17.2 Comments: Revenue for 2QFY26 and 1HFY26 increased by 16.2% as compared to 2QFY25 and 1HFY25, pr
Slide 11: Infrastructure - Toll 2QFY26 Results
Infrastructure - Toll 2QFY26 Results RM’mil 2QFY26 2QFY25 %∆ 1HFY26 1HFY25 %∆ Revenue 103.0 100.1 2.9 205.8 220.6 (6.7) EBITDA 55.6 53.4 4.1 127.7 131.6 (3.0) Malaysian Toll 58.3 54.4 109.2 99.1 Overseas & Other Infra (2.7) (1.0) 18.5 32.5 PBT 9.6 (1.1) 1002.6 30.6 13.5 127 Malaysian Toll – Besraya
Slide 12: Infrastructure - Port 2QFY26 Results
Infrastructure - Port 2QFY26 Results RM’mil 2QFY26 2QFY25 %∆ 1HFY26 1HFY25 %∆ Revenue 96.4 114.3 (15.6) 197.8 239.6 (17.4) EBITDA 42.3 65.1 (35.0) 95.9 139.9 (31.4) PBT 18.0 33.8 (46.7) 46.2 77.1 (40.0) Cargo Throughput (mil tons) 5.4 6.6 11.2 13.6 Comments: Revenue for 2QFY26 and 1HFY26 decreased b
Slide 13: Thank You
THANK YOU ===
Slide 14: Appendix
Appendix Construction Outstanding Order Book New and upcoming property launches 13
Slide 15: Construction Division – Order Book
Construction Division – Order Book UK SINGAPORE (50%) (45.5%) Outstanding Order Book RM5.1 billion Outstanding Order Book RM0.9 billion • Heart of Yew Tee • Embassy Gardens • Bukit Timah Link • Fairbanks • NIM Collection • One Eastside, Birmingham • GMC Residential (Aurea Residences) • Castle Street
Slide 16: New Launches 2QFY2026 (1 July to 30 Sept 2025)
New Launches 2QFY2026 (1 July to 30 Sept 2025) 5 projects were launched with GDV of RM695 million Merionne Grand @ The Light Ikon Residences @ Seremban Phase 12A Double Storey Phase 12A @ Nasa City, Johor City - Business Suites, Retail & 2 Retail & Lifestyle Semi D, Austin Duta Johor 2 - Storey Shop
Slide 17: New Launches 2QFY2026 (1 July to 30 Sept 2025)
New Launches 2QFY2026 (1 July to 30 Sept 2025) 5 projects were launched with GDV of RM695 million Low Cost @ Austin Duta, Johor Bharu No. of Units : 80 GDV : RM4 mil Launch Date : Sept 2025 16
Slide 18: FY2026 Property Launches
FY2026 Property Launches 11 projects to be launched with GDV of RM849 million Phase 12B Nexus 2, Lifestyle Shop Green Technology Park @ 2 - Storey Terrace 2 – Storey Shop Office Seremban Seremban 2 Sutera 2, Seremban Austin Duta, Johor No. of Units : 39 No. of Units : 42 No. of Lots : 15 No. of Unit
Slide 19: FY2026 Property Launches
FY2026 Property Launches 11 projects to be launched with GDV of RM849 million Merionne Residences @ The Phase 11B @ Nasa City, Johor Infineon Phase 1 @ Sandakan Ridge View Phase 5 @ Light City 2 - Storey Terrace 2 – Storey Shop Office Puchong No. of Units : 145 No. of Units : 178 No. of Units : 18 N
Slide 20: FY2026 Property Launches
FY2026 Property Launches 11 projects to be launched with GDV of RM849 million Suria Hill Phase 4A Suria Hill Phase 1B - Utama Crown @ Sandakan 2 - Storey Terrace House Single Storey Terrace House 2 – Storey Shop Office Shah Alam 2 Shah Alam 2 No. of Units : 96 No. of Units : 122 No. of Units : 2 GDV
Slide 21: Thank You
THANK YOU ===
IJM Corporation Berhad — 2QFY2026 Earnings Presentation on 6ix