Mekdam Holding Group - Q.P.S.C. (MKDM) Earnings Call Transcripts

Mekdam Holding Group - Q.P.S.C.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Mekdam Holding Group reported a strong revenue growth of 25%, reaching almost QAR 175 million compared to QAR 140 million in the same period last year. However, net profit declined by 25% to QAR 8.5 million due to increased finance costs and operational challenges stemming from geopolitical tensions and supply chain disruptions. Management maintained a positive outlook, citing a project backlog of QAR 3.1 billion, which provides visibility for future revenue, and expressed confidence that current pressures are temporary.

Reported metrics

Guidance from management

Management expressed confidence in returning to growth, stating that current pressures are temporary and expect a normalization in costs and improvement in margins as conditions stabilize.

What management said

Thank you. Thank you very much, everybody, for attending our conference call, and we are looking for you -- to have you again in the next quarter. Thank you. And we hope the next quarter will be better.

What analysts pressed on

Analysts raised concerns about the impact of geopolitical tensions on project execution and the decline in net profit despite revenue growth. There were questions regarding the sustainability of margins amid ongoing cost pressures.

Main topics on the call

• Revenue Growth — Mekdam achieved a robust revenue growth of 25%, reaching almost QAR 175 million compared to QAR 140 million in Q1 2025. Management noted, 'Our revenue growth continues to be robust, and our profitability remains solid an...
• Net Profit Decline — Despite revenue growth, net profit declined by 25% to QAR 8.5 million, primarily due to higher finance costs and operational disruptions. Ehab Naser stated, 'This is mainly due to 3 reasons... the supply chain due to the...
• Project Backlog — The company reported a project backlog of QAR 3.1 billion, with QAR 1.6 billion remaining to be executed. This backlog provides strong visibility for future revenue, reinforcing management's confidence in the company's p...
• Cash Flow Improvement — Mekdam reported positive operating cash flow of QAR 21.2 million, indicating strong working capital management and improved collection efficiency. This is a positive sign for the company's liquidity and operational healt...

Read the full Mekdam Holding Group - Q.P.S.C. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Mekdam Holding Group - Q.P.S.C. earnings call transcripts on record, spanning January 26, 2025 to July 30, 2026. Based on this history, Mekdam Holding Group - Q.P.S.C. reports semi-annually. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MKDM

Exchange

DSM

Country

QA

Sector

Industrials

Industry

Industrial Conglomerates

Calls on record

4

First call

January 26, 2025

Most recent

July 30, 2026

Reporting cadence

semi-annually