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Edgars Stores Limited

Retail - Zimbabwe Stock Exchange

Profile
Edgars Stores Limited retails a range of high-quality casualwear clothing, footwear and accessories for children, ladies and gents in branded stores in Zimbabwe. The company operates three divisions: Edgars Chain, Jet Chain and Manufacturing. Its core business is casualwear and accessories with a subsidiary division providing funeral and hospital insurance services.
Registered address

Corner 9th Avenue / Herbert Chitepo Street, P O Box 894, Bulawayo

Contact number

+263-29 2 881626-35


ISIN

ZW 000 901 123 1

Fiscal Year End

December

Group CEO

Tjeludo Ndlovu

Chairman

Themba N Sibanda

Founded

1948

Listed

1974

Full Year End
Annual Report

Provisional Release Date

Half Year End
Full Year Results

Previous Year Release

Half Year Results

Previous Year Release

804.08

ZWL cents -95.92 / -10.66%

400.00 - 953.00

+60.43%

+84.85%

Monday, 5th December 2022

111.9 million

Year on Year (ZWL)

Monday, 5th December 2022  E.O.D.

Sales ZWL cents 804.08
Value ZWL 39,399.92
Volume 4,900
Market cap ZWL 4,902,804,974
Shares issued 609,740,943

Financial statements ratios and analysis

P/E ratio 8.25
Div. yield 0.00%
EPS 97.49
P/B ratio 2.01
EV / EBITDA 5.34

ZWL 6.9 billion

Revenue for Year Ending December 2021
Revenue
Net Income

16.97%

EBITDA Margin for Year Ending December 2021
EBITDA Margin

All values in ZWL

 9 Jan 202210 Jan 20215 Jan 20206 Jan 20197 Jan 2018
Revenue6,887,296,6923,771,795,0692,670,149,890629,048,82964,106,544
Attributable PAT558,853,774(322,122,363)80,248,70291,867,6223,978,799
Shareholders funds2,439,978,2471,973,135,9691,325,044,340249,085,76730,381,256
Net interest bearing debt1,234,013,998(110,423,517)228,652,59310,468,1552,368,603
Cash on hand448,839,177451,173,72739,841,24241,132,6432,296,428
Interest bearing debt1,682,853,175340,750,210268,493,83551,600,7984,665,031
Net current assets1,605,388,6581,221,667,0161,136,403,919240,632,36526,655,418
Chairman Themba N Sibanda
Group CEO Tjeludo Ndlovu
Company Secretary Sikhumbuzo Mate
Transfer Secretary Corpserve Registrars (Pvt) Ltd (zw)
Tjeludo Ndlovu (Group CEO)
Happiness Vundla (Group CFO)
Themba N Sibanda (Chairman)
Raymond Mlotshwa
Canaan F Dube
Matthew Hosack
C Claasen

December 2021

Name Holding Percentage
Bellfield Limited 132,859,743 40.63%
ZIMEDGROUP Employee Trust 35,950,445 10.99%
SCB Nominees 033663900002 25,383,895 7.76%
Stanbic Nominees (PVT) LTD. 20,777,876 6.35%
Old Mutual Life Ass Co Zim Ltd 16,334,959 5.00%