MAIR Group - P.J.S.C. (ADX:MAIR)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
0.9600
+0.0090 (0.95%)
At close: Sep 22, 2026

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

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 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 YearTTMFY 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 YearCurrentFY 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 YearTTMFY 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 YearTTMFY 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 YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '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
4.48%3.96%3.12%---

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.5613.2127.37---
P/FCF Ratio
32.0852.9039.67---
PS Ratio
1.061.292.27---