Custodian Investment Plc (NGX:CUSTODIAN)

Custodian Investment Financials Overview

Financials in millions NGN. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	230,414	209,429	159,244	89,913	74,591	44,784
Revenue Growth	26.30%	31.51%	77.11%	20.54%	66.56%	-38.24%
Operating Income Operating Income Growth	74,540	51,229	31,780	7,620	8,693	12,981
Net Income Net Income Growth	70,777	65,839	53,997	19,057	8,373	10,660
Earnings Per Share EPS Growth	12.03	11.19	9.18	3.24	1.42	1.81
EPS Growth	30.79%	21.93%	183.34%	127.61%	-21.45%	-6.63%

Revenue by Segment

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Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Life Life Growth	41,161	42,949	36,735	29,535	20,020
Non-Life Non-Life Growth	112,824	77,606	45,997	39,593	16,744
Property Development Property Development Growth	16,539	12,628	5,984	5,954	1,421
Pension Administration Pension Administration Growth	10,779	7,872	5,862	4,894	4,163
Merchant Banking Merchant Banking Growth	9,487	-	-	-	-
Eliminations/Others Eliminations/Others Growth	-26,487	-6,314	-8,073	1,830	-5,634
Holding Company & Trustees Holding Company & Trustees Growth	28,850	14,312	8,817	600.03	8,817
Total Total Growth	193,153	149,052	95,322	82,407	45,531

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	163,989	174,183	43,956	25,052	22,045	17,173
Total Debt Total Debt Growth	221,446	242,807	3,380	2,147	2,179	2,517
Net Cash (Debt) Net Cash Growth	-57,458	-68,624	40,576	22,905	19,866	14,656
Net Cash Growth	-	-	77.14%	15.30%	35.55%	114.06%
Net Cash Per Share Net Cash Per Share Growth	-9.77	-11.67	6.90	3.89	3.38	2.49

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	32,993	27,144	54,464	44,704	18,668	-6,370
Capital Expenditures CapEx Growth	-4,774	-4,782	-1,125	-723.38	-1,164	-697.81
Free Cash Flow Free Cash Flow Growth	28,219	22,362	53,338	43,981	17,503	-7,068
Free Cash Flow Growth	-2.86%	-58.08%	21.28%	151.27%	-	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Margin	32.35%	24.46%	19.96%	8.48%	11.65%	28.98%
Pretax Margin	37.52%	36.93%	39.19%	28.91%	15.38%	27.52%
Profit Margin	30.72%	31.44%	33.91%	21.20%	11.22%	23.80%
FCF Margin	12.25%	10.68%	33.50%	48.91%	23.47%	-15.78%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 25, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	2.250	2.250	1.250	0.800	0.650	0.500
Dividend Per Share Growth	120.00%	80.00%	56.25%	23.08%	30.00%	-9.09%
Dividend Yield	2.87%	5.42%	8.12%	10.66%	14.67%	9.11%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 25, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	6.52	3.84	1.86	2.78	4.18	4.36
Forward PE	-	5.13	5.13	5.13	5.13	5.13
P/FCF Ratio	16.35	11.31	1.89	1.20	2.00	-
PS Ratio	2.00	1.21	0.63	0.59	0.47	1.04

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 25, 2026

Data Sources Report a data error