- Our commitments to safety and environmental stewardship enable long-term value creation
- Revenue increased 6% to R24.2 billion supported by solid volume growth in Agriculture and Mining
- Operating profit growth of 28% to R2.2 billion, delivering an increased operating margin of 9.0%
- Headline earnings per share growth of 21% to 849 cents
- Capital discipline and sustained cash generation supported a strong cash position of R1.7 billion
- Ordinary dividend increased by 18% to 470 cents, total distribution of R1.2 billion includes a special dividend of 280 cents.
Omnia Holdings has published its audited financial results for the year ended 31 March 2026, delivering a strong FY26 performance reflecting the resilience of its diversified business model and the quality of execution across its core Agriculture and Mining segments.
Omnia Group CEO, Seelan Gobalsamy comments: “Omnia delivered a strong FY26 performance, demonstrating disciplined execution in a complex operating environment. This was driven by strong volume and margin growth, supported by the strengthening competitiveness of our core businesses, with both Agriculture and Mining contributing robust earnings, margins and cash generation. This resulted in a total distribution of R1.2 billion to shareholders.”
The Mining segment delivered a resilient underlying performance, supported by volume growth across SADC and West Africa, new contract wins and increased contribution from BME Metallurgy. Agriculture performed strongly, driven by sales growth in South Africa and a strong recovery in Rest of Africa following the implementation of operating model changes. The disciplined execution and restructuring in Chemicals resulted in a release of capital and improved financial performance.
Omnia’s integrated manufacturing and supply chain capabilities remained a key competitive advantage during the year, with security of supply to customers maintained despite an increasingly volatile environment and extended supplier disruption. Cross-functional coordination within the Group enabled agile execution and higher sales volumes.
Cash generated from operations was driven by strong underlying operational performance and disciplined working capital management. This resulted in the Group maintaining a solid net cash balance of R1.7 billion (FY25: R1.8 billion), reinforcing its strong financial position.
The Group’s disciplined capital allocation framework continued to deliver sustainable shareholder returns whilst investing to strengthen its core operations and international growth. This resulted in an increase in Return on Equity from 10.9% in FY25 to 12.9% in FY26.
The board declared a total dividend of 750 cents per share for the year. This includes an ordinary dividend of 470 cents and a special dividend of 280 cents per share, returning R1.2 billion to shareholders. This is supported by the Group’s strong financial position and quality earnings, consistent free cash flow generation and disciplined capital allocation. Since its turnaround in 2020 the Group has returned R6.8 billion to shareholders in dividends and share repurchases.
The Group’s strategy to leverage its customer propositions to diversify into select global markets continues. Our investments and partnerships are strengthening Omnia’s competitive advantages in the primary sectors of agriculture and mining, positioning the Group to generate sustainable shareholder value across economic cycles.
“By combining operational excellence with a targeted diversification strategy, we have positioned the Group to capture high-quality growth opportunities while maintaining capital efficiency and cost discipline,” adds Gobalsamy. Safety remains a core value at Omnia, in line with its commitment to zero harm. The Group reported a Recordable Case Rate of 0.16 (FY25: 0.20) in an elevated risk environment that included extended maintenance and utilities shutdowns.
Safety management practices including near-miss reporting, open communication of incidents and learnings, and the application of Omnia’s safety motto: "See something. Say something. Do something" remain foundational to risk awareness and reinforce our commitment to zero harm. It is our collective responsibility to ensure all our colleagues return home safely everyday.
Omnia’s commitment to environmental stewardship remains a key priority and the improved performance reflects progress against the Group’s sustainability strategy and 2030 ESG commitments. FY26’s performance is delivered in the context of prolonged maintenance shutdowns, operational disruptions and external supply constraints. Water efficiency remained stable, while energy efficiency improved with solar-generated electricity increasing by 20%. Carbon emissions reduced by 7% supported by renewable energy use and emissions-reduction initiatives that enhance operational resilience and advance Omnia’s decarbonisation efforts.
The Group continued to invest in its people and host communities, reaching more than 2 300 employees through targeted learning programmes, while strengthening its talent pipeline through learnerships and bursaries. Its community initiatives focussed on enhancing mathematics and science education to address critical and scarce skills in the country, alongside small-scale farming to improve food security.
“Looking ahead, we are well positioned to accelerate growth across our core markets, supported by favourable structural demand in both the agricultural and mining sectors. Our strategic priorities remain clear: scaling our international business, deploying capital with discipline, and driving superior returns through customer-led innovation, resilient supply chains, and high-performance manufacturing. At the same time, we remain committed to operating as a safe and responsible business, advancing food security, supporting economic development, and promoting the responsible use of resources. With a strong balance sheet and a clear growth trajectory, we are confident in our ability to deliver sustainable, long-term value for our stakeholders” Gobalsamy concluded.
As Omnia reflects on a strong financial year, delivered against a challenging macroeconomic and operating backdrop, the Group extends its sincere appreciation to its people for embodying the Omnia values through their commitment, resilience and consistent contribution. Their dedication and hard work have been central to the Group’s ability to navigate complexity, while continuing to deliver on its strategic priorities.
Guided by its purpose of innovating to enhance life, together creating a greener future, Omnia remains focused on advancing food security and enabling mineral extraction that supports economic growth. In doing so, the Group continues to contribute to a sustainable future for all stakeholders.
Mining
The Mining segment delivered a resilient performance in a complex operating environment marked by trade and foreign exchange volatility, cost inflation, weather-related disruptions, and weaker coal and diamond markets.
Revenue increased by 8% to R9.8 billion, while operating profit rose by 1% to R1.1 billion. Operating margin of 11.7% remained within the segment’s medium-term guidance range. Omnia’s integrated manufacturing and supply chain capabilities supported reliable customer supply throughout the period, while technology-led propositions were strengthened through new strategic partnerships.
Mining RSA volumes increased on the back of strong demand in the iron ore and platinum markets, contract extensions and organic growth. This was partly offset by the downturn in the diamond market, coal sector volatility and periods of higher rainfall. Volume growth supported earnings, although margins came under pressure from higher input costs.
Mining International revenue increased, supported by strong SADC demand for both BME Blasting Solutions and BME Metallurgy, although operating profit and margin were impacted by foreign exchange losses in Zambia and the continued mobilisation in Canada and Australia. In West Africa, Mali continued to demonstrate strong demand, while overall volumes were lower due to the suspension of operations in other jurisdictions. Indonesia contributed positively despite contract curtailments linked to mine license delays.
BME continued to progress its international growth. In Canada, all initiating systems plants have been commissioned, although performance was impacted by slower-than-expected regulatory certifications. The strategic partnership with Hypex Bio progressed well, with the hydrogen peroxide emulsion plant, a flagship offering, in cold commissioning. In Australia, the AXXIS™ electronic detonator assembly plant in Western Australia has been commissioned and in-country manufacturing has commenced, with further infrastructure and strategic partnership opportunities being evaluated to accelerate market expansion.
BME Metallurgy delivered strong results from increased sales driven by its customer value proposition and improved product mix.
The Mining segment remains well positioned to deliver sustainable growth, through diversification and by leveraging innovation, technology partnerships and operational excellence.
Chemicals
The Chemicals segment continued to execute its strategy to streamline the business, release capital and sustainably improve financial performance. The rationalisation of unprofitable product lines was completed and associated sites closed.
The Bulk Trade business benefited from Omnia’s continued reliable supply of ammonia derivatives and a stronger demand for bulk liquids. The Water Care business delivered a substantial improvement in profitability, supported by new contract wins and improved margins. Notwithstanding final restructure costs, the segment returned to profitability. The continued scaling of the Bulk Trade business through leveraging Omnia’s supply chain capability is expected to deliver sustainable returns
