Logo ofBinDawood Holding
Ubhar Capital said that BinDawood Holding reported a net profit of SAR 109 million in Q4 2025, largely in line with its estimate of SAR 104 million. 
It added that Q4 revenue growth also met its expectations, driven by the addition of nine new retail stores, the full-year consolidation of stores opened in 2024, the launch of standalone and integrated pharmacies, and improved contributions from its subsidiaries.
The brokerage expects BinDawood to benefit further in 2026 as the acquired businesses from 2025 mature, supported by its existing retail operations.
Ubhar Capital maintained a “Buy” recommendation on the stock, keeping its target price (TP) at SAR 5.2 per share.
Ubhar Capital -BinDawood 17/03/2026
Logo ofBinDawood Holding
Ubhar Capital said that BinDawood Holding reported a net profit of SAR 109 million in Q4 2025, largely in line with its estimate of SAR 104 million.
It added that Q4 revenue growth also met its expectations, driven by the addition of nine new retail stores, the full-year consolidation of stores opened in 2024, the launch of standalone and integrated pharmacies, and improved contributions from its subsidiaries.
The brokerage expects BinDawood to benefit further in 2026 as the acquired businesses from 2025 mature, supported by its existing retail operations.
Ubhar Capital maintained a “Buy” recommendation on the stock, keeping its target price (TP) at SAR 5.2 per share.
