Heavy Engineering Industries & Shipbuilding Co. (ksc) · KSE:SHIP
Heavy Engineering Industries & Shipbuilding Co. (ksc) — FY2025 Earnings Presentation
21 slides from Heavy Engineering Industries & Shipbuilding Co. (ksc)'s earnings presentation, Mar 4, 2026
Slide 1: Disclosure of material information: analyst conference notice
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Slide 2: Material Disclosure Form
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Slide 3: FY-2025 Investor Presentation
(Ake) tpt Cpauutl lis g ABI Arwrigh Cle Linall aS pc HEAVY ENGINEERING INDUSTRIES & SHIPBUILDING CO. K.S.C (Public) HEISCO FY-2025 | -— INVESTOR PRESENTATIO
Slide 4: Agenda
Agenda Page 1 Disclaimer 3 2 Vision & Mission 4 3 About HEISCO 5 4 HEISCO’s Strategy 6 5 Performance Highlights 10 6 Financial Overview 11 7 Appendix 15 8 Q&A 18 2
Slide 5: Disclaimer
Disclaimer FORWARD - LOOKING STATEMENTS This information set out in this presentation and provided in the discussion subsequent thereto does not constitute an offer or solicitation of an offer to buy or sell securities. It is solely for use as an investor presentation and is provided as information
Slide 6: HEISCO's Vision and Mission
HEISCO’s Vision To become the customers’ first preferred Company for Shipbuilding, Ship Repair & Maintenance, Fabrication, Oil & Gas Construction, Civil Works, Industrial Maintenance, Dredging and Offshore services in Kuwait and other Middle East and North African regions. HEISCO’s Mission HEISCO ai
Slide 7: About HEISCO
About HEISCO HEISCO is a dynamic group of companies committed to maintaining sustained growth by meeting its customers' schedules and quality requirements. HEISCO provides its customers value-added services at competitive prices by evolving efficient cost- control measures and regularly upgrading ou
Slide 8: HEISCO's Strategy
HEISCO’s Strategy Introduction This report provides an overview of HEISCO Group’s key activities, including business updates, upcoming projects, and company strategic initiatives. HEISCO, as a group, achieved significant milestones in revenue growth, project execution, and operational Quality effici
Slide 9: HEISCO's Strategy: Business Updates
HEISCO’s Strategy Business Updates Regional Expansion Strategy HEISCO strives to expand into key markets across Kuwait, Saudi Arabia, Qatar, Oman, Bahrain, and Iraq, focusing on Civil, Mechanical, Electrical, and Instrumentation Quality Construction, maintenance as well as Fabrication services withi
Slide 10: HEISCO's Strategy
HEISCO’s Strategy ▪ The Saudi Electricity Company (SEC) approvals: SEC has approved our company for the supply, installation, maintenance, and repair of heat exchangers following a successful technical evaluation and facility inspection in Saudi Arabia and Kuwait. This approval adds to our existing
Slide 11: HEISCO's Strategy
HEISCO’s Strategy Engineering Hub in India: HEISCO established a subsidiary, “HEISCO Engineering India Pvt. Ltd.” in India headquartered in Chennai to strengthen the company’s EPC capabilities and delivering high-quality engineering solutions across multiple industries while supporting its expanding
Slide 12: Performance Highlights - Consolidated
PERFORMANCE HIGHLIGHTS - CONSOLIDATED KD’ Million Except EPS & Dividend REVENUE NET PROFIT EBITDA EPS ↑26% ↑8% ↑15% ↑8% 205.78 FY-2025 9.81 FY-2025 19.34 FY-2025 54.48 FY-2025 163.14 FY-2024 9.07 FY-2024 16.81 FY-2024 50.34 FY-2024 ASSETS EQUITY LIABILITIES BORROWINGS DIVIDEND ↑17% ↑5% ↑24% ↑20% ↑29
Slide 13: Breakdown of Revenue by Business Line - Consolidated
BREAKDOWN OF REVENUE BY BUSINESS LINE - CONSOLIDATED KD ’000 BUSINESS LINE FY 2025 FY 2024 % Change BUSINESS LINE YoY INDUSTRIAL, OIL & GAS 182,218 126,316 44.26% OFFSHORE SHIPYARD SHIPYARD 10,684 8,375 27.58% INDUSTRIAL, OIL & GAS OFFSHORE 12,886 28,457 -54.72% 0 100,000 200,000 TOTAL REVENUE 205,7
Slide 14: Common Size Analysis - Statement of Income
COMMON SIZE ANALYSIS-STATEMENT OF INCOME - CONSOLIDATED FY-25 FY-24 FY-25 FY-24 Revenue 205,787,988 163,147,421 100.00% 100.00% Cost of sales (187,335,463) (147,739,026) -91.03% -90.56% Gross Profit 18,452,525 15,408,395 8.97% 9.44% Other income 317,318 976,442 0.15% 0.60% General and administrative
Slide 15: Ratio Analysis - Consolidated
RATIO ANALYSIS - CONSOLIDATED KEY RATIOS - FY 2025 PROFITABILITY FY-25 FY-24 CHANGE FY-23 Gross Profit % 8.97% 9.44% ↓-0.48% 7.92% EBIT % 6.24% 7.02% ↓-0.78% 6.42% EBITDA % 9.40% 10.31% ↓-0.91% 9.79% Net Profit % 4.77% 5.56% ↓-0.79% 4.84% ROA 4.42% 4.67% ↓-0.25% 3.95% ROE 12.09% 11.70% ↑0.39% 9.61%
Slide 16: Financial Position / Cash Flow - Consolidated
FINANCIAL POSITION / CASH FLOW - CONSOLIDATED Consolidated Statement of Financial Position - 31 Dec 2025 Consolidated Statement of Cash Flow - 31 Dec 2025 Kuwaiti Dinars Kuwaiti Dinars FY - 25 FY-24 FY - 25 FY-24 NON-CURRENT ASSETS 86,070,227 81,401,016 PROFIT BEFORE CONTRIBUTION TO BOD REMUNERATION
Slide 17: Common Size Analysis - Statement of Financial Position
COMMON SIZE ANALYSIS - STATEMENT OF FINANCIAL POSITION - CONSOLIDATED ASSETS FY-2025 FY-2024 FY-2025 FY-2024 Non-Current Assets Right–of-use-assets 2,856,690 1,295,654 1.19% 0.63% Property, plant and equipment 78,554,936 77,072,929 32.83% 37.67% Investment securities 1,776,673 1,605,511 0.74% 0.78%
Slide 18: Common Size Analysis - Statement of Financial Position
COMMON SIZE ANALYSIS - STATEMENT OF FINANCIAL POSITION - CONSOLIDATED EQUITY AND LIABILITIES FY-2025 FY-2024 FY-2025 FY-2024 Equity Share Capital 18,024,152 18,024,152 7.53% 8.81% Statutory reserve 10,946,089 10,946,089 4.57% 5.35% General reserve 12,789,976 11,739,170 5.34% 5.74% Foreign currency t
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Slide 20: Thank You
Thank YOU 18
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