CIEL Limited has announced a strong financial performance for the year ending June 30, 2026. The company posted a net profit after tax of Rs 4.3 billion, representing a 13% increase. This growth was attributed to strategic investments and disciplined capital management, as stated by Group Chief Executive Guillaume Dalais. The results were released via a statement on Tuesday, September 29.
The company's revenue rose by 8% to reach Rs 41.2 billion, driven by contributions across various sectors including hospitality, finance, healthcare, real estate, and textiles in India. This growth was a result of the company's diversified portfolio and its presence in multiple markets. The EBITDA jumped by 18% to Rs 8.5 billion, lifting the profit margin to 20.6%.
CIEL's shareholder earnings saw a 4% growth to Rs 2.3 billion, translating to Rs 1.33 per share. The company also declared a dividend of Rs 0.35 per share. The cash flow demonstrated robust generation with a free cash flow of Rs 4.9 billion. This strong cash position will enable the company to fund its strategic investments.
The company's net interest-bearing debt stands at Rs 16.4 billion, resulting in a gearing ratio of 29.6%. CIEL's growth was supported by healthcare operations in Mauritius and Uganda, improving banking revenues, and sustained momentum in Indian textile operations. These factors offset a more moderate contribution from regional textile activities.
CIEL's growth strategy involves investing in healthcare expansions, hotel asset renovations, and the development of a medical device manufacturing platform in India. The company believes that these investments will open up new growth prospects in the markets where it operates. Guillaume Dalais emphasized the company's commitment to the execution of its strategy, cash generation, and disciplined capital management.
With a rich history dating back to 1912, CIEL currently operates across six business sectors in more than 10 countries across Africa and Asia. The company employs a workforce of 37,500 and has established itself as a diversified conglomerate. CIEL's presence in multiple sectors and geographies has contributed to its resilience and growth.
The company's robust financial performance and growth strategy are expected to drive future growth. CIEL's commitment to disciplined capital management and cash generation will be crucial in driving its future investments and expansion plans. The company's diversified portfolio and presence in multiple markets position it for continued growth and success.
Key points
- CIEL Limited posts a 13% increase in net profit to Rs 4.3 billion for 2026.
- The company's revenue grows by 8% to Rs 41.2 billion, driven by diversified sector contributions.
- CIEL's EBITDA jumps by 18% to Rs 8.5 billion, lifting the profit margin to 20.6%.
