El Shams Housing reports 24.06 percent revenue growth: what it means for El Shams Housing stock
Published on 10/02/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEl Shams Housing and Urbanization (EGS65091C018) reported fiscal 2025 revenue of EGP 220.86 million, an increase of 24.06 percent from the prior year. The company also posted fiscal 2025 net income of EGP 162.33 million, up 1.60 percent, according to Investing.com.
Revenue growth reached 24.06 percent
The fiscal 2025 revenue figure marks a reversal from the 39.98 percent decline reported for fiscal 2024. Gross profit rose to EGP 209.95 million in fiscal 2025 from EGP 166.61 million in fiscal 2024, a 26.02 percent increase, while the reported gross margin reached 95.06 percent.
Operating income also improved to EGP 151.16 million in fiscal 2025 from EGP 124.16 million in fiscal 2024. The 21.75 percent increase was larger than the 1.60 percent rise in net income, placing operating performance ahead of bottom-line growth in the annual comparison, based on Investing.com.
Margins stayed high in fiscal 2025
El Shams Housing operates across housing and property development, leasing, construction, maintenance and management services. Musaffa describes projects in Cairo, Giza, Alexandria and Sixth of October City, giving the revenue base exposure to both development and leasing activities.
The annual figures show a business with high reported gross profitability but a wider gap between gross profit and net income. Fiscal 2025 cash from operations was EGP 46.88 million, compared with EGP 102.17 million in fiscal 2024, while total equity increased to EGP 1,120.45 million from EGP 985.28 million.
Egyptian Exchange range sets the market frame
The Egyptian Exchange 52-week range listed on September 18, 2026 was EGP 6.32 to EGP 15.59. El Shams Housing is listed under ticker ELSH on the Egyptian Exchange, and its sector classification is real estate, according to Decypha.
The combination of 24.06 percent revenue growth and 26.02 percent gross profit growth makes operating execution the central metric for the fiscal 2025 picture. For investors, the 21.75 percent operating-income increase is a stronger comparison point than net income growth of 1.60 percent because it isolates the improvement before financing and tax effects.
El Shams Housing at a glance
- Company: El Shams Housing and Urbanization Co SAE
- ISIN: EGS65091C018
- Ticker: ELSH
- Primary exchange: Egyptian Exchange
- 52-week range: EGP 6.32-EGP 15.59 (as of September 18, 2026)
- Sector / Industry: Real Estate / Real Estate Development and REITs
