In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as KAL Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

JSE:KAL - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	20,842	487	798	967	N/A
12/31/2025	20,574	445	849	999	N/A
9/30/2025	20,305	403	899	1,032	N/A
6/30/2025	20,401	394	718	864	N/A
3/31/2025	20,497	386	537	697	N/A
12/31/2024	21,116	391	636	793	N/A
9/30/2024	21,735	395	736	890	N/A
6/30/2024	22,051	420	909	1,071	N/A
3/31/2024	22,368	445	1,083	1,252	N/A
12/31/2023	22,382	436	860	1,031	N/A
9/30/2023	22,397	427	637	810	N/A
6/30/2023	21,504	417	353	541	N/A
3/31/2023	20,610	407	70	272	N/A
12/31/2022	18,155	402	33	242	N/A
9/30/2022	15,700	396	-4	213	N/A
6/30/2022	13,897	383	25	200	N/A
3/31/2022	12,094	369	54	186	N/A
12/31/2021	11,338	345	208	306	N/A
9/30/2021	10,583	321	361	426	N/A
6/30/2021	9,962	319	473	556	N/A
3/31/2021	9,341	316	586	687	N/A
12/31/2020	8,958	296	471	590	N/A
9/30/2020	8,575	275	356	494	N/A
6/30/2020	8,768	283	N/A	N/A	N/A
3/31/2020	8,962	290	34	269	N/A
12/31/2019	8,707	284	N/A	312	N/A
9/30/2019	8,452	277	N/A	354	N/A
6/30/2019	7,990	262	N/A	N/A	N/A
3/31/2019	7,528	248	N/A	211	N/A
12/31/2018	7,038	247	N/A	224	N/A
9/30/2018	6,549	246	N/A	237	N/A
6/30/2018	6,459	249	N/A	262	N/A
3/31/2018	6,370	253	N/A	286	N/A
12/31/2017	6,393	247	N/A	388	N/A
9/30/2017	6,416	241	N/A	490	N/A
6/30/2017	6,242	233	N/A	331	N/A
3/31/2017	6,069	225	N/A	178	N/A
12/31/2016	5,861	217	N/A	139	N/A
9/30/2016	5,653	210	N/A	100	N/A
9/30/2015	5,341	189	N/A	107	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KAL's forecast earnings growth is above the savings rate (9.8%).

Earnings vs Market: Insufficient data to determine if KAL's earnings are forecast to grow faster than the ZA market

High Growth Earnings: Insufficient data to determine if KAL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if KAL's revenue is forecast to grow faster than the ZA market.

High Growth Revenue: Insufficient data to determine if KAL's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if KAL's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/30 11:40
End of Day Share Price	2026/05/29 00:00
Earnings	2026/03/31
Annual Earnings	2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

KAL Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

KAL Group Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

First half dividend increased to R0.70

KAL Group Limited to Report First Half, 2026 Results on May 14, 2026

CEO & Director recently bought R495k worth of stock

Independent Non-Executive Director recently bought R62k worth of stock

Sana Partners Fund 2 managed by Sana Partners (Pty) Ltd completed the acquisition of Agriplas Pty. Ltd. from KAL Group Limited (JSE:KAL) and Agrimark Operations Limited.

Independent Non-Executive Director recently bought R1m worth of stock

Financial Director & Executive Director recently bought R189k worth of stock

Upcoming dividend of R1.54 per share

KAL Group (JSE:KAL) Is Increasing Its Dividend To ZAR1.54

We Think The Compensation For KAL Group Limited's (JSE:KAL) CEO Looks About Right

KAL Group's (JSE:KAL) Shareholders Will Receive A Bigger Dividend Than Last Year

KAL Group Limited, Annual General Meeting, Feb 05, 2026

Granate Asset Management (Pty) Ltd acquired 5.09% stake in KAL Group Limited (JSE:KAL).

KAL Group (JSE:KAL) Is Increasing Its Dividend To ZAR1.54

Final dividend increased to R1.54

Full year 2025 earnings released: EPS: R5.70 (vs R5.62 in FY 2024)

New minor risk - Financial data availability

KAL Group Limited to Report Fiscal Year 2025 Results on Nov 27, 2025

Risks To Shareholder Returns Are Elevated At These Prices For KAL Group Limited (JSE:KAL)

Sana Partners Fund 2 managed by Sana Partners (Pty) Ltd agreed to acquire Agriplas Pty. Ltd. from KAL Group Limited (JSE:KAL) and Agrimark Operations Limited for approximately ZAR 160 million.

Upcoming dividend of R0.56 per share

CEO, MD & Executive Director recently bought R118k worth of stock

KAL Group (JSE:KAL) Will Pay A Dividend Of ZAR0.56

First half dividend of R0.56 announced

KAL Group Limited to Report First Half, 2025 Results on May 08, 2025

Independent Non-Executive Director recently bought R151k worth of stock

Independent Non-Executive Director recently bought R475k worth of stock

Upcoming dividend of R1.26 per share

KAL Group Limited, Annual General Meeting, Feb 06, 2025

KAL Group (JSE:KAL) Will Pay A Dividend Of ZAR1.26

Independent Non-Executive Director recently bought R987k worth of stock

Final dividend of R1.26 announced

Full year 2024 earnings released: EPS: R5.62 (vs R6.07 in FY 2023)

New minor risk - Financial data availability

KAL Group Limited to Report Fiscal Year 2024 Results on Nov 26, 2024

KAL Group Limited Appoints Tanya Kabalin as Independent Non-Executive Director, Effective from 15 July 2024

Upcoming dividend of R0.54 per share

First half dividend increased to R0.54

KAL Group Limited Approves Gross Interim Dividend for the Six Months Ended 31 March 2024, Payable on 10 June 2024

KAL Group's (JSE:KAL) Solid Earnings Have Been Accounted For Conservatively

KAL Group Limited to Report First Half, 2024 Results on May 08, 2024

KAL Group Limited Appoints Abraham Johannes Mouton as Independent Non-Executive Director, Effective from 2 April 2024

Independent Non-Executive Director recently bought R224k worth of stock

Upcoming dividend of R1.30 per share at 4.3% yield

KAL Group (JSE:KAL) Is Increasing Its Dividend To ZAR1.30

KAL Group Limited, Annual General Meeting, Feb 08, 2024

KAL Group (JSE:KAL) Is Increasing Its Dividend To ZAR1.30

KAL Group Limited Appoints Johann Le Roux as Member of Audit and Risk Committee

Full year 2023 earnings released: EPS: R6.07 (vs R5.63 in FY 2022)

KAL Group Limited Announces Gross Final Dividend for the Period Ended 30 September 2023, Payable on 19 February 2024

New minor risk - Financial data availability

KAL Group Limited to Report Fiscal Year 2023 Results on Nov 23, 2023

KAL Group Limited Announces the Retirement of Bernhardt Seyfferdt Du Toit, as Independent Non-Executive Director and Member of the Audit and Risk Committee

Upcoming dividend of R0.50 per share at 4.8% yield

Financial Director & Director recently bought R50k worth of stock

CEO, MD & Executive Director recently bought R100k worth of stock

KAL Group (JSE:KAL) Will Pay A Larger Dividend Than Last Year At ZAR0.50

First half 2023 earnings released: EPS: R3.82 (vs R3.67 in 1H 2022)

KAL Group Limited Announces Interim Dividend for the Six Months Ended 31 March 2023, Payable on 12 June 2023

CEO, MD & Executive Director recently bought R120k worth of stock

Financial Director & Director recently bought R77k worth of stock

Kaap Agri (JSE:KAL) Has Announced That It Will Be Increasing Its Dividend To ZAR1.22

Kaap Agri Limited Announces the Resignation of Wynoma Michaels as Independent Non-Executive Director

Upcoming dividend of R1.22 per share at 4.1% yield

Kaap Agri's (JSE:KAL) Dividend Will Be Increased To ZAR1.22

Kaap Agri Limited, Annual General Meeting, Feb 09, 2023

Kaap Agri (JSE:KAL) Is Increasing Its Dividend To ZAR1.22

Full year 2022 earnings released

Kaap Agri Limited Announces Final Dividend

Insufficient new directors

Kaap Agri Limited to Report Fiscal Year 2022 Results on Nov 24, 2022

Independent Non-Executive Director recently bought R398k worth of stock

Kaap Agri Limited(JSE:KAL) dropped from S&P Global BMI Index

Group Financial Director & Director recently bought R51k worth of stock

Kaap Agri (JSE:KAL) Has More To Do To Multiply In Value Going Forward