12 May 2026
Abu Dhabi National Company for Building Materials PJSC (BILDCO) announced positive financial results for the first quarter ended 31 March 2026, reflecting a significant improvement in operational performance and financial position.
Revenue increased by 20.2% to AED 16.72 million, compared to AED 13.91 million in the corresponding period of 2025, supported by the introduction of domestic tourism activities as a new revenue stream. Gross profit margin improved to 34.6%, compared to 22.0% in the prior period, reflecting enhanced operational efficiency and improved profitability across core business activities.
The financial position strengthened substantially during the period, with shareholders’ equity increasing to approximately AED 2.1 billion and total assets reaching AED 2.4 billion, supported by a strategic capital injection amounting to AED 2.131 billion. Consequently, the debt-to-equity ratio improved significantly to 0.10x compared to 3.63x previously, reflecting a stronger capital structure and lower leverage levels.
The Company stated that the Q1 2026 results reflect the positive impact of the restructuring and operational enhancement initiatives undertaken during the period, supporting the Company’s transition toward sustainable growth, enhanced financial stability, and long-term shareholder value creation.
