Italtile stock falls 3.69 percent on the JSE

Published on 10/08/2026 at 07:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Italtile stock's fiscal 2026 revenue was ZAR 8.768 billion, down 1.2 percent. Two analysts set a ZAc 1,299 average target, with a ZAc 1,277 to ZAc 1,320 spread.

Italtile, ZAE000099123, Illustration mit AI erstellt.

Italtile Limited stock (ISIN ZAE000099123) was last at ZAc 809 on the JSE on October 7, 2026, down 3.69 percent from the prior close of ZAc 840. The latest market picture combines a weak session with lower fiscal 2026 earnings and a wide analyst target spread.

Fiscal revenue slips 1.2 percent

ShareData lists turnover of ZAR 8.768 billion for the 12 months ended June 30, 2026, down 1.2 percent from ZAR 8.876 billion in the comparable fiscal year. Attributable income declined 10.2 percent to ZAR 1.341 billion from ZAR 1.494 billion.

The earnings profile therefore carries more weight than the single-session move. Earnings per share fell 10.0 percent to ZAc 113.10, while the total dividend declined 52.7 percent to ZAc 70.00, according to ShareData.

Analyst target reaches ZAc 1,299

The valuation view is more constructive than the latest earnings trend. Investing.com lists a Buy consensus from two analysts, an average 12-month target of ZAc 1,299, a high of ZAc 1,320 and a low of ZAc 1,277.

Against the ZAc 809 reference price, the average target lies 60.57 percent above the price. That gap is a market expectation, not a company forecast, and it sits beside the reported declines in revenue, income and per-share earnings.

Stock remains below yearly high

Italtile was last at ZAc 809 on the JSE at 5:00 p.m. SAST on October 7, 2026. The session range was ZAc 800 to ZAc 838, the 52-week range was ZAc 760 to ZAc 1,045, and volume was 25,426 shares.

The company operates in home improvement retail, manufacturing and franchising. Its brands include Italtile Retail, CTM and TopT, with products spanning tiles, bathroomware and related home-finishing goods, according to Italtile.

JSE listing and investor date

Italtile's market capitalization was ZAR 9.6 billion as of October 7, 2026. The company has scheduled its annual general meeting for November 13, 2026, according to Moneyweb.