Al Waha Capital PJSC (ADX:WAHA)
د.إ 1.95 -0.010 (-0.51%) Market Cap: 3.66 Bil Enterprise Value: 4.05 Bil PE Ratio: 3.69 PB Ratio: 0.79 GF Score: 62/100

Q3 2025 Al Waha Capital PJSC Earnings Call Transcript

Nov 06, 2025 / 06:30AM GMT
Release Date Price: د.إ1.69

Key Points

Positve
  • Al Waha Capital PJSC (ADX:WAHA) reported a 22% year-on-year increase in net profit to AED 343 million, showcasing strong financial performance.
  • The company's total income for the first nine months of 2025 was just under AED 1.1 billion, supported by recurring fee income and solid market gains.
  • Assets under management increased by 6% year-on-year to AED 12.2 billion, indicating strong investor confidence and fund inflows.
  • Successful divestment from Octavia generated $119 million in proceeds, demonstrating the company's ability to monetize high-growth investments.
  • Waha Capital's funds outperformed their respective benchmarks, with the Waha Emerging Markets Credit Fund achieving a cumulative return of 295% since inception.
Negative
  • Despite strong performance, the earnings call did not mention any significant new strategic initiatives or expansions beyond existing sectors.
  • The company's reliance on divestments for profit generation may not be sustainable in the long term if new investments do not yield similar returns.
  • There was no mention of any significant technological advancements or innovations within the company's operations.
  • The earnings call lacked detailed information on potential risks or challenges facing the company in the near future.
  • No questions were raised during the call, which might indicate a lack of engagement or interest from analysts or investors.
Operator

Good morning, everyone and thank you for joining us today. This is Janani Varmadeva and on behalf of Al Waha Capital, I'm pleased to welcome you Al Waha Capital's Q3 9-month 2025 earnings conference call.

I have with me here today from Waha Capital Management, Mr. Mohammad Hussein Al-Nwai, the managing director, and Mr. James Finicum, the Chief Financial Officer. Without any further delay, I'll now turn the call over to the MD, Mr. Mohammed. Over to you.

Mohamed Hussain Al Nowais
Al Waha Capital PJSC - Managing Director, Director

Thank you. Good morning, everyone. And thank you for joining us today to discuss Waha Capital's financial performance for the nine months of 2025.

I am very pleased to report that Waha Capital delivered one of the strongest 9-month performances in our company's history, with a net profit to shareholders rising to 22% year on year to AED 343 million, reflecting the strength of our diversified business model and disciplined execution.

Over the 1st 9 months, Waha Capital recorded total income of just under

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot