Bisalloy Steel Group (BIS) Investor presentation summary

Company overview and market position

• Sole Australian manufacturer of high-strength, abrasion-resistant quenched and tempered steel plate, operating since 1980 and ASX listed since 2003.

• Supplies premium steel to major OEMs, mining, infrastructure, and defence sectors, with a strong brand and technical support.

• Market leader in mining and defence, with a qualification moat in armour and protection products.

• Diversified exposure across mining, infrastructure, and defence, supported by a highly automated facility and proximity to supply chains.

Product portfolio and operations

• Offers wear, structural, and armour steel for mining, construction, energy, defence, and civil protection.

• Australian operations focus on Q&T wear and structural steel, with exports representing 26.5% of sales in 1H26.

• Direct overseas distribution through subsidiaries in Thailand and Indonesia, accounting for 10.6% of consolidated sales.

• Production process includes advanced quality control, tempering, quenching, and measurement steps.

Financial performance and key metrics

• HY26 revenue reached $71.1m, EBITDA $14.2m, and NPAT $8.5m, with resilient earnings despite market challenges.

• Australian segment revenue up 7.3%, driven by strong domestic and export sales of armour and protection steel.

• Net profit after tax for HY26 was $8.5m, down 5.8% from HY25, with overseas JVs impacted by Indonesian regulatory and market issues.

• Dividend per share for HY26 was 8.0c, maintaining a stable payout policy.

• Net gearing significantly reduced, supporting balance sheet flexibility and increased dividends.