Grindrod's earnings are forecast to decline at 6.3% per annum while its annual revenue is expected to grow at 10.2% per year. EPS is expected to decline by 6.3% per annum. Return on equity is forecast to be 16.3% in 3 years.
Key information
-6.3%
Earnings growth rate
-6.29%
EPS growth rate
Infrastructure earnings growth
9.4%
Revenue growth rate
10.2%
Future return on equity
16.30%
Analyst coverage
Low
Last updated
30 Mar 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
JSE:GNDP - Analysts future estimates and past financials data (ZAR Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
7,595
1,681
301
1,301
1
12/31/2027
6,920
1,475
190
1,190
1
12/31/2026
6,305
1,348
-352
1,148
1
12/31/2025
5,558
2,069
1,395
1,652
N/A
9/30/2025
5,218
1,682
804
1,037
N/A
6/30/2025
4,877
1,295
501
766
N/A
3/31/2025
4,926
805
351
723
N/A
12/31/2024
4,976
314
-86
335
N/A
9/30/2024
4,916
672
98
660
N/A
6/30/2024
4,855
1,030
282
986
N/A
3/31/2024
4,850
1,009
228
931
N/A
12/31/2023
4,846
988
175
877
N/A
9/30/2023
5,489
953
384
1,099
N/A
6/30/2023
6,132
919
594
1,321
N/A
3/31/2023
6,008
847
607
1,259
N/A
12/31/2022
5,884
776
620
1,197
N/A
6/30/2022
3,723
785
488
804
N/A
3/31/2022
3,570
422
558
923
N/A
12/31/2021
3,417
59
629
1,043
N/A
9/30/2021
3,878
-213
-349
70
N/A
6/30/2021
3,851
-601
-1,327
-902
N/A
3/31/2021
3,801
-508
-1,591
-1,259
N/A
12/31/2020
3,751
-415
-1,855
-1,615
N/A
9/30/2020
3,773
-707
-1,635
-1,411
N/A
6/30/2020
3,796
-999
-1,415
-1,207
N/A
3/31/2020
3,815
-808
-544
-332
N/A
12/31/2019
3,834
-616
328
543
N/A
9/30/2019
3,767
-36
N/A
-2,643
N/A
6/30/2019
3,699
543
N/A
-5,830
N/A
3/31/2019
3,583
261
N/A
-5,581
N/A
12/31/2018
3,467
-20
N/A
-5,332
N/A
9/30/2018
3,348
-40
N/A
-140
N/A
6/30/2018
3,200
-114
N/A
5,295
N/A
3/31/2018
3,130
266
N/A
2,898
N/A
12/31/2017
3,059
646
N/A
502
N/A
6/30/2017
120
1,607
N/A
1,014
N/A
3/31/2017
1,704
876
N/A
1,662
N/A
12/31/2016
3,288
144
N/A
2,310
N/A
9/30/2016
9,404
-2,379
N/A
2,330
N/A
6/30/2016
9,776
-2,850
N/A
2,362
N/A
3/31/2016
9,984
-2,138
N/A
2,773
N/A
12/31/2015
10,192
-1,426
N/A
3,184
N/A
9/30/2015
10,518
-408
N/A
2,474
N/A
6/30/2015
10,843
611
N/A
1,763
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GNDP's earnings are forecast to decline over the next 3 years (-6.3% per year).
Earnings vs Market: GNDP's earnings are forecast to decline over the next 3 years (-6.3% per year).
High Growth Earnings: GNDP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GNDP's revenue (10.2% per year) is forecast to grow faster than the ZA market (6.6% per year).
High Growth Revenue: GNDP's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GNDP's Return on Equity is forecast to be low in 3 years time (16.3%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/11 23:30
End of Day Share Price
2026/06/10 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
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.
* 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
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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
Grindrod Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.