Eunisell Interlinked posts N1.84bn revenue, 30% growth, share price up 64% to N189

Eunisell Interlinked Plc announced its financial statements for the year ended June 30, 2026, reporting revenue of N1.84 billion—a 30.24% increase from N1.41 billion the prior year. Pre‑tax profit rose to N301.47 million (up 27.82%) and profit after tax reached N249.45 million (up 30.96%), lifting earnings per share to 105.39 kobo from 80.47 kobo. The oil and gas segment drove most of the growth, contributing N1.59 billion (about 86.5% of total sales) after adding N424.63 million in new revenue, while the power and construction segments also more than doubled their income.

For Nigerian investors, the strong top‑line and bottom‑line performance translated into a share price jump from N115 at the start of the year to N189 on September 29, 2026—a gain of 64.4%. However, cash and cash equivalents fell sharply to N15.68 million, down 81.37% from N84.19 million, reflecting higher working capital needs as inventories and receivables grew.

The company’s total assets expanded to N1.51 billion (up 62.68%) and total external debt rose to N145.22 million (up 71.21%), indicating a leveraged expansion strategy. With earnings per share up nearly 31% and the stock trading at a noticeable premium, the results signal confidence in Eunisell’s core oil and gas business.

Given the solid earnings growth and rising share price, will you consider adding to your position, take profits at current levels, or wait for further cash‑flow improvement before deciding?

SOURCE: https://nairametrics.com/2026/09/30/eunisell-posts-n1-84-billion-revenue-profit-rises-31-in-fy-2026/