Sharjah Cement and Industrial Development Co. (PJSC) Overview
Pro stress-test →Sharjah Cement and Industrial Development (SCIDC) is a leading UAE-based cement manufacturer and diversified industrial company with operations spanning the Middle East, Africa, and Asia. Founded in 1979 and listed on the Abu Dhabi Securities Exchange since 2005, the company manufactures specialized cement products alongside paper sacks, plastic ropes, and manages a substantial investment portfolio across equities and real estate.
Strategic Profile
Pro stress-test →SCIDC operates a dual-revenue model combining capital-intensive cement manufacturing with a passive investment division, providing exposure to both industrial production and portfolio growth. The company maintains solid operational efficiency with an EBITDA margin of 16.5% and delivers attractive dividend yields above 6%, positioning itself as a defensive dividend stock in the UAE's construction materials sector.
Competitive Landscape
Pro stress-test →SCIDC competes in the UAE's fragmented cement market against regional producers serving construction and infrastructure demand. The company's diversification into investment holdings and industrial products differentiates it from pure-play cement manufacturers, though the sector remains cyclical and commodity-price dependent. Limited public information on direct competitors reflects the regional nature of the market.
Industry Context
Sharjah Cement and Industrial Development Co. (PJSC) operates in Construction Materials / Cement Manufacturing.
Key facts
Founded: 1979 · Headquarters: Sharjah, United Arab Emirates · Revenue: 906M AED (approximate based on EBITDA) · Market cap: 503.6M AED (~137M USD)