MAIR Group - P.J.S.C. (ADX:MAIR)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
1.020
+0.020 (2.00%)
At close: Nov 2, 2026

MAIR Group - P.J.S.C. Financials Overview

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,0151,9562,0601,3531,0701,137
Revenue Growth
1.00%-5.07%52.25%26.52%-5.94%-
Gross Profit
655.72652.44685.35458.2289.4317.86
Operating Income
84.16112.19114.74106.5618.7470.42
Net Income
202.89190.81171.1525.86211.3112.27
Earnings Per Share
0.090.090.080.030.28-
EPS Growth
66.23%11.49%189.53%-90.43%--

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
MAIR Holding and Others
7974.8856.631.08
Retail
1,7021,6611,8001,190
Real Estate
233.92220.13203.61162.34
Total
2,0151,9562,0601,353

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
251.99454.88582.7877.26331.88336.78
Total Debt
892.15807.95865.691,394946.06255.79
Net Cash (Debt)
-640.16-353.07-282.99-517.2-614.1980.99
Net Cash Growth
------
Net Cash Per Share
-0.29-0.16-0.13-0.53-0.81-

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
190.88230.74256.73250.04165.21200.35
Capital Expenditures
-124.14-183.08-138.63-120.94-164.83-28.32
Free Cash Flow
66.7547.65118.1129.10.37172.03
Free Cash Flow Growth
-56.36%-59.65%-8.52%34604.84%-99.78%-

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
32.55%33.36%33.27%33.86%27.06%27.96%
Operating Margin
4.18%5.74%5.57%7.87%1.75%6.19%
Pretax Margin
10.89%10.68%8.05%2.30%19.76%9.87%
Profit Margin
10.07%9.76%8.31%1.91%19.76%9.87%
FCF Margin
3.31%2.44%5.73%9.54%0.03%15.13%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.0430.0430.0610.0610.0750.150
Dividend Per Share Growth
0%-28.98%-0.08%-19.20%-50.00%-
Dividend Yield
4.22%3.81%2.88%---

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
11.2113.2127.37---
P/FCF Ratio
34.0952.9039.67---
PS Ratio
1.131.292.27---