Page 80 - Profile's Stock Exchange Handbook - 2025 Issue 4
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JSE - AFR                               Profile’s Stock Exchange Handbook: 2025 - Issue 4
                     Afrimat Ltd.                        AfroCentric Investment
                                                             Corporation Ltd.
        ISIN: ZAE000086302   SHORT: AFRIMAT   CODE: AFT
        REG NO: 2006/022534/06   FOUNDED: 2005   LISTED: 2006
        NATURE OF BUSINESS: Afrimat is a black empowered open pit mining   ISIN: ZAE000078416   SHORT: AFRO-C   CODE: ACT
         company  that  supplies  beneficiated  materials  and  contracting   REG NO: 1988/000570/06   FOUNDED: 1988   LISTED: 1988
         services  to  the  industrial  minerals,  building,  construction,  road   NATURE  OF  BUSINESS:  AfroCentric  Group    is  a  B-BBEE  level  1
         building, railroad and mining sectors. In addition, Afrimat supplies   investment  holding  company  listed  on  the  Johannesburg  Stock
         bulk commodities to local and international markets. It operates   Exchange (JSE). The Group owns and operates diverse healthcare-
         in  the  Western  Cape,  Eastern  Cape,  KwaZulu-Natal,  Free  State,   related  enterprises  that  provide  specialised  medical  scheme
         Northern Cape, Gauteng, Limpopo and Mpumalanga as well as in   administration  and  deliver  healthcare  products  and  services  to
         Mozambique.                               the public and private healthcare sectors. Sanlam Life Insurance
        SECTOR: Basic Materials--Basic Resrcs--Ind Met & Min--General Mining  Ltd. holds a controlling stake in the AfroCentric Group, fostering
        NUMBER OF EMPLOYEES: 2 270                 synergies and creating opportunities for both entities.
        DIRECTORS: Breytenbach J (ne), Joubert P (ne), Kruger N A S (ne),   SECTOR: HlthCare--HtlhCare--HlthCarePrvdrs--HlthCareMgtSystems
         Ramukhubathi C, Tuku S (ne), van der Merwe J H P (ind ne), Louw F M   NUMBER OF EMPLOYEES: 5 944
         (Chair, ld ind ne), Odendaal M G (COO), Dotwana L (ne), Tsukudu P R E    DIRECTORS: Dippenaar M (ne), Fernandes B (ld ind ne), Hanratty P B (ne),
         (ind ne), van der Merwe J F (ld ind ne), van Wyk H J E (ind ne),    le Roux A M (ind ne), Mkhize K (ne), Mokoena C (ind ne), Morule K
         van Heerden A J (CEO), de Wit P G S (CFO)  (ind ne), Munisi Dr N D (ne), Mokgokong Dr A T M (Chair, ne),
        MAJOR ORDINARY SHAREHOLDERS as at 15 Sep 2025   Madungandaba M J (Dep Chair, ne), Moloele T (CFO), van Wyk G
         F du Toit Trust                   11.05%   (Group CEO)
         Public Investment Corporation (SOC) Ltd.   9.68%   MAJOR ORDINARY SHAREHOLDERS as at 30 Dec 2024
         Korum Trust                        5.64%  Sanlam Life Insurance Ltd.        58.78%
        POSTAL ADDRESS: PO Box 5278, Tyger Valley, 7536  Community Healthcare Holdings (Pty) Ltd.   8.81%
        MORE INFO: www.sharedata.co.za/sdo/jse/AFT  ARC Financial Services Investments (Pty) Ltd.   7.48%
        COMPANY SECRETARY: Catharine Burger       POSTAL ADDRESS: PO Box 1101, Florida Glen, Roodepoort, 1708
        TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  MORE INFO: www.sharedata.co.za/sdo/jse/ACT
        SPONSOR: Valeo Capital (Pty) Ltd.         COMPANY SECRETARY: Lebohang Mpumlwana
        AUDITORS: PricewaterhouseCoopers Inc.     TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
        CAPITAL STRUCTURE      Authorised  Issued  SPONSOR: Questco Corporate Advisory (Pty) Ltd.
        AFT    Ords no par val    1 000 000 000     160 297 456  AUDITORS: KPMG Inc.
                                                                                      Issued
                                                                         Authorised
        DISTRIBUTIONS [ZARc]                      CAPITAL STRUCTURE       1 000 000 000     840 684 592
                                                  ACT
                                                          Ords no par val
        Ords no par val   Ldt      Pay       Amt
        Interim No 37  18 Nov 25  24 Nov 25  20.00  DISTRIBUTIONS [ZARc]
        Final No 36     3 Jun 25  9 Jun 25  15.00  Ords no par val  Ldt       Pay      Amt
        LIQUIDITY: Oct25 Avg 2m shares p.w., R124.2m(80.7% p.a.)  Interim No 23  6 May 25  12 May 25  6.00
                                                  Interim No 22   7 May 24  13 May 24  11.00
          AFRIMAT  40 Week MA  BASM               LIQUIDITY: Oct25 Avg 362 845 shares p.w., R705 202.6(2.2% p.a.)
                                            9000
                                            8000    AFRO-C  40 Week MA  JS2011
                                                                                      700
                                            7000
                                                                                      600
                                            6000
                                                                                      500
                                            5000
                                                                                      400
                                            4000
                                                                                      300
                                            3000
         2021   2022   2023   2024   2025                                             200
        FINANCIAL STATISTICS                            2022   2023    2024    2025   100
                    Aug 25   Feb 25  Feb 24   Feb 23   Feb 22
        (R ’000)
                    Interim  Final  Final Final(rst)  Final  FINANCIAL STATISTICS
        Turnover   5 330 059 8 317 766 6 083 280 4 908 238 4 680 078  (R ’000)  Jun 25   Jun 24   Jun 23   Jun 22   Jun 21
        Op Inc      379 828  477 735 1 152 365  961 561 1 108 911  Interim Final(rst) Final(rst) Final(rst)  Final
        NetIntPd(Rcvd)  113 817  175 656  40 786  26 698  42 850  Turnover  4 211 131 8 794 671  8 760 226 8 693 217 8 074 418
        Minority Int  17 172  17 948  6 940  4 161  2 454  Op Inc  190 094  754 002  727 136 1 109 294 1 118 626
        Att Inc     156 293  95 562  781 776  661 320  772 714  NetIntPd(Rcvd)  11 128  64 958  72 448  60 834  37 498
        TotCompIncLoss  171 685  113 460  823 034  649 651  766 089  Minority Int  7 061  18 874  112 011  165 986  167 722
        Fixed Ass  5 568 784 5 665 172 3 898 037 3 335 996 2 696 448  Att Inc  101 036  55 381  183 523  312 804  302 033
        Tot Curr Ass  3 572 158 2 584 355 2 054 228 1 495 724 1 663 639  TotCompIncLoss  101 099  64 822  304 218  480 291  475 906
        Ord SH Int  4 489 191 4 356 080 4 541 049 3 835 247 2 997 967  Fixed Ass  694 915  573 549  658 602  705 249  698 334
        Minority Int  43 356  32 180  21 992  11 978  9 233  Inv & Loans  -  -  -  75 736  29 661
        LT Liab     938 570  995 581  873 278  841 491  864 673  Tot Curr Ass  1 806 861 1 618 493  1 418 660 1 321 909 1 305 577
        Tot Curr Liab  4 660 757 3 809 394 1 312 208 1 008 658 1 174 424  Ord SH Int  3 289 874 3 369 996  3 443 302 2 448 394 2 326 972
        PER SHARE STATISTICS (cents per share)    Minority Int  39 940  31 189  55 950  997 491  928 752
        HEPS-C (ZARc)  101.90  72.30  567.30  457.60  542.90  LT Liab  911 865  938 462  946 614  995 923 1 072 665
        DPS (ZARc)   20.00  25.00  194.00  150.00  186.00  Tot Curr Liab  1 196 176 1 065 123  1 114 364  995 798  785 977
        NAV PS (ZARc)  2 951.00  2 862.00 3 004.00  2 591.00  2 170.00  PER SHARE STATISTICS (cents per share)
        3 Yr Beta     0.25  0.51  0.74  0.57  0.65  HEPS-C (ZARc)  11.68  19.00  36.34  54.81  57.26
        Price High   6 349  7 503  6 710  7 647  6 987  DPS (ZARc)  -  11.00  -  34.00  34.00
        Price Low    3 790  5 500  4 650  4 366  4 410  NAV PS (ZARc)  396.00  400.67  417.34  424.54  404.72
        Price Prd End  3 930  6 005  6 264  5 388  6 650  3 Yr Beta  0.68  0.23  0.44  0.51  0.54
        RATIOS                                    Price High    223   438   570   599   545
        Ret on SH Fnd  7.65  2.59  17.28  17.30  25.78  Price Low  110  250  322  300   302
        Oper Pft Mgn  7.13  5.74  18.94  19.59  23.69  Price Prd End  173  288  415  439  442
        D:E           0.78  0.62  0.27  0.26  0.45  RATIOS
        Current Ratio  0.77  0.68  1.57  1.48  1.42  Ret on SH Fnd  6.49  2.18  8.45  13.89  14.43
        Div Cover     5.14  2.52  2.68  3.05  3.01  Oper Pft Mgn  4.51  8.57  8.30  12.76  13.85
                                                  D:E           0.30  0.29  0.33  0.32  0.37
                                                  Current Ratio  1.51  1.52  1.27  1.33  1.66
                                                  Div Cover      -   - 1.30  -   1.63  1.55
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