Al Mahhar Holding Company Q.P.S.C. (QSE:MHAR)
Qatar flag Qatar · Delayed Price · Currency is QAR
2.260
+0.050 (2.26%)
At close: Nov 12, 2026

QSE:MHAR Financials Overview

Millions QAR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
901.72924.6800.45683.16570.94136.16
Revenue Growth
-5.45%15.51%17.17%19.66%319.32%-3.50%
Gross Profit
149.67151.92138.1136.12110.5434.64
Operating Income
41.6934.5630.3117.7617.964.01
Net Income
53.8547.0638.0828.1720.334.25
Earnings Per Share
0.260.230.180.140.130.42
EPS Growth
18.60%23.58%35.20%2.41%-68.71%-

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Energy
845.15799.42704.59606.39414.23-
Infrastructure
90.49144.39108.3389.34177.3140.7
Eliminations
-33.92-19.2-12.47-12.58-20.59-4.54
Total
901.72924.6800.45683.16570.94136.16

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
143.55103.0948.8870.8778.4618.45
Total Debt
46.5440.7453.1758.7563.834.03
Net Cash (Debt)
9762.35-4.2912.1314.66-15.58
Net Cash Growth
159.91%---17.27%--
Net Cash Per Share
0.470.30-0.020.060.10-1.56

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
100.85111.0522.6431.7221.56.79
Capital Expenditures
-7.33-10.17-12.72-11.04-7.7-5.37
Free Cash Flow
93.52100.889.9220.6813.81.42
Free Cash Flow Growth
52.04%916.75%-52.02%49.89%869.40%-92.09%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
16.60%16.43%17.25%19.93%19.36%25.44%
Operating Margin
4.62%3.74%3.79%2.60%3.15%2.94%
Pretax Margin
6.37%5.37%4.59%3.20%3.36%4.02%
Profit Margin
5.97%5.09%4.76%4.12%3.56%3.12%
FCF Margin
10.37%10.91%1.24%3.03%2.42%1.04%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023
Period EndingNov '26 Dec '25 Dec '24 Dec '23
Dividend Per Share
0.1500.1500.1200.100
Dividend Per Share Growth
25.00%25.00%20.00%-
Dividend Yield
6.64%6.85%4.90%6.75%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.699.6313.3210.89--
P/FCF Ratio
5.004.4951.1414.84--
PS Ratio
0.520.490.630.45--