Grindrod Limited

Grindrod Limited

GNDP · JSE · Industrials / Integrated Freight & Logistics

11,400.00ZAC+400.00 (+3.64%)

Price History

Full chart

Market Stats

Previous Close11,000.00
Open10,560.00
Day Range10,559.00 – 11,400.00
52-Week Range9,300.00 – 11,500.00
Volume1.15K
Market Cap57.68M
P/E (TTM)419.85
Forward P/E42.73
EPS0.262
Dividend Yield8.16%
Beta0.43
50-Day Avg10,929.46
200-Day Avg10,421.71

About

Grindrod Limited, together with its subsidiaries, engages in the logistics services business in the Middle East, Singapore, Asia, the Far East, Australia, South Africa, and Rest of Africa. The company operates through Ports and Terminals; Logistics; Group; Private Equity and Property; and Marine Fuels segments. It engages in the provision of logistics solution for mining, agricultural, new energy commodities and project cargo; import and export solutions; and financing, constructing, rehabilitating, operating, and maintaining the ports. The company also provides dry bulk services, such as storage, cargo flow management, ship loading or discharging, stevedoring, clearing and forwarding, stock management, and rail scheduling; and car terminal services, including terminal handling, stevedoring, tallying, inspection and vehicle surveys, preservation, storage and managing of project cargo, and other value-added services. In addition, it offers cross dock and bonded warehousing solutions comprising containerization of bulk commodities, empty and full container depots, sales of gensets to the reefer market, container packing and unpacking, cargo handling, storage and distribution, and customs services; container depot services storage and handling of empty marine containers, mechanical and structural container repairs, cold treatment preparation for reefer containers, warranty repairs on reefer equipment, washing and cleaning of containers, empty container transport, gassing of containers, CA preparations - STERI preparations, port monitoring / on-board monitoring, reefer services, parts sales, and bonded and duty paid warehousing; ships agency and marine technical services; clearing and forwarding; and border and project logistics. Further, the company provides rail freight broking and consultancy and rolling stock advice and maintenance; road haulage services; seafreight; and air freight solutions. The company was founded in 1910 and is based in Durban, South Africa.

Company Details

  • SectorIndustrials
  • IndustryIntegrated Freight & Logistics
  • CEOMr. Kwazi Mabaso
  • Employees4.00K
  • HeadquartersGrindrod House, Durban, South Africa, 4001, South Africa
  • Websitehttps://www.grindrod.com

Leadership

  • Mr. Kwazi MabasoChief Executive Officer & Executive Director · b. 1982
  • Ms. Fathima Ally C.A.CFO & Executive Director · b. 1981
  • Alison BriggsPublic Relations & Marketing Manager
  • Ms. Vicky CommailleGroup Company Secretary
  • Reshmee SoniInvestor Relations

Financials

Income Statement

Currency: ZAR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue15.66B14.02B10.19B9.03B3.06B3.42B3.83B3.75B3.90B5.88B4.85B4.84B5.47B
Growth (%)--10.47%-27.32%-11.39%-66.13%+11.90%+12.00%-2.17%+4.10%+50.67%-17.64%-0.06%+12.94%
Cost of Revenue15.48B13.48B9.09B6.61B1.10B193.28M---5.00B4.22B4.06B4.13B
Gross Profit184.60M538.50M1.10B2.42B1.96B3.23B3.87B--885.93M623.42M784.78M1.34B
Gross Margin1.18%3.84%10.78%26.77%64.02%94.35%101.01%--15.06%12.87%16.21%24.54%
Operating Expense459.97M539.50M675.48M2.55B1.68B03.35B--267.11M92.03M398.42M441.32M
Operating Income-275.38M-996.00K423.42M-130.14M277.31M3.23B527.11M-192.71M573.61M618.81M531.39M386.36M900.86M
Operating Margin-1.76%-0.01%4.15%-1.44%9.06%94.35%13.75%-5.14%14.69%10.52%10.97%7.98%16.47%
EBITDA----1.41B1.31B1.16B35.04M1.07B1.90B1.97B1.29B3.32B
EBITDA Margin----45.97%38.20%30.17%0.93%27.33%32.22%40.72%26.69%60.79%
Net Income1.23B1.06B-1.37B-1.84B-515.05M2.91B-341.62M-363.98M221.36M657.48M1.06B390.27M2.14B
Net Income Margin7.87%7.56%-13.40%-20.37%-16.83%85.03%-8.91%-9.70%5.67%11.17%21.92%8.06%39.11%
Interest Expense0000085.45M299.20M326.29M226.43M218.02M219.97M279.01M302.39M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%2.50%7.80%8.70%5.80%3.71%4.54%5.76%5.53%

Balance Sheet

Currency: ZAR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets28.42B32.86B36.46B36.18B34.95B25.65B27.93B23.60B25.15B13.83B14.57B14.76B16.13B
Total Liabilities16.29B15.38B17.32B20.37B20.75B15.97B19.19B15.65B16.57B5.01B4.69B4.89B6.43B
Total Equity12.04B17.43B19.15B15.75B14.15B9.62B8.81B8.11B8.62B8.88B9.93B9.92B9.65B
Cash6.08B7.40B8.39B9.48B8.97B3.82B4.73B1.85B2.06B2.61B2.11B1.45B3.30B
Net Debt----6.02B-239.41M1.35B755.21M--762.51M-

Cash Flow

Currency: ZAR2013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.98B821.29M3.18B2.31B501.60M-5.33B543.07M-1.62B1.04B824.01M430.49M194.94M1.48B
Investing Cash Flow-1.54B-1.55B-1.14B-780.16M-299.31M-195.27M92.17M-276.07M262.04M82.42M---
Financing Cash Flow414.38M1.73B-1.28B-384.80M168.99M-553.24M-504.58M-991.62M-748.95M-264.28M---
Capital Expenditure661.88M379.93M365.04M258.87M145.79M348.85M201.28M240.86M412.81M454.25M702.20M478.29M310.26M
Free Cash Flow----274.90M-6.43B197.83M-1.92B582.11M69.55M-271.71M-283.35M1.17B
Dividends Paid259.67M265.40M355.58M113.50M76.80M71.12M205.78M159.22M46.58M300.22M---
FCF to OCF----54.80%120.64%36.43%118.89%55.83%8.44%-63.12%-145.35%79.04%
Dividend Paid to FCF----27.94%-1.11%104.02%-8.29%8.00%431.68%---

Key Statistics & Ratios

Market Cap57.68M
Enterprise Value72.95B
Trailing P/E419.85
Forward P/E42.73
Price / Sales0.01
Price / Book0.00
EPS0.262
Book Value14.53
Revenue (TTM)6.01B
Gross Profit (TTM)2.23B
EBITDA1.76B
Profit Margin21.09%
Operating Margin21.74%
Return on Equity13.00%
Return on Assets5.17%
Shares Outstanding753.08M
Shares Float561.39M
Beta0.43
Dividend Yield8.16%
Dividend Rate8.98
Payout Ratio0.00%

Dividends

20231×
421.00Mar 22, 2023
20222×
337.00Sep 21, 2022313.00Mar 23, 2022
20212×
305.00Sep 21, 2021312.00Mar 24, 2021
20202×
381.00Sep 22, 2020445.00Mar 25, 2020
20192×
447.00Sep 11, 2019446.00Mar 27, 2019
20182×
442.00Sep 19, 2018456.00Mar 14, 2018
20172×
458.00Sep 13, 2017466.00Mar 29, 2017
20162×
453.00Sep 14, 2016423.00Mar 17, 2016
20152×
404.00Sep 14, 2015409.00Mar 16, 2015
20142×
389.00Sep 15, 2014377.00Mar 14, 2014
20132×
371.00Sep 20, 2013379.00Mar 15, 2013
20122×
395.00Sep 10, 2012363.00Mar 26, 2012
20111×
357.00Sep 5, 2011