ID 216425919 · FY 2017–2024 · 8 years
Geosteel LLC operates the largest rebar / construction-steel mini-mill in Georgia (Rustavi), producing reinforcing bars and billets for the domestic construction market and exports. Indian Steel Authority / Pramod Group joint-venture origin.
curated 2026-06-03geosteel.com.gebia.ge
| Line item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 179,505 | 175,352 | 212,423 | 182,310 | 351,606 | 353,990 | 281,361 | 264,881 | +5.7% |
| Total COGS | -130,276 | -139,116 | -180,365 | -160,247 | -261,698 | -288,962 | -251,398 | -215,716 | +7.5% |
| Gross Profit | 49,229 | 36,236 | 32,057 | 22,063 | 89,908 | 65,028 | 29,963 | 49,165 | -0.0% |
| Gross Margin | 27.4% | 20.7% | 15.1% | 12.1% | 25.6% | 18.4% | 10.6% | 18.6% | |
| Total Operating Expenses | -7,397 | -10,608 | -12,308 | -9,859 | -33,476 | -11,176 | -10,092 | -18,278 | +13.8% |
| EBITDA | 41,832 | 25,628 | 19,750 | 12,204 | 56,432 | 53,852 | 19,871 | 30,887 | -4.2% |
| EBITDA Margin | 23.3% | 14.6% | 9.3% | 6.7% | 16.0% | 15.2% | 7.1% | 11.7% | |
| Total D&A | -372 | -449 | -715 | -598 | -515 | -408 | -579 | -693 | +9.3% |
| EBIT / Operating Income | 41,461 | 25,179 | 19,035 | 11,606 | 55,917 | 53,444 | 19,292 | 30,194 | -4.4% |
| Total Interest Income | 2,098 | 1,281 | 2,223 | 1,712 | 4,354 | 6,426 | 7,532 | 8,963 | +23.1% |
| Total Interest Expense | -1,291 | -905 | -122 | -663 | -4,454 | -5,413 | -7,147 | -4,511 | +19.6% |
| Total Other Income | 0 | 307 | 4,048 | 5,908 | 2,967 | -10,429 | -2,064 | 17,447 | +96.1% |
| Profit Before Tax | 42,268 | 25,862 | 25,185 | 18,563 | 58,784 | 44,028 | 17,613 | 52,093 | +3.0% |
| Total Income Tax | 0 | 0 | -4,851 | -11,506 | -2,749 | 0 | 0 | -8,040 | +10.6% |
| Net Profit / (Loss) | 36,280 | 25,801 | 20,164 | 6,821 | 55,693 | 43,861 | 17,359 | 44,053 | +2.8% |
| Net Margin | 20.2% | 14.7% | 9.5% | 3.7% | 15.8% | 12.4% | 6.2% | 16.6% |
Ownership & directors from companyinfo.ge (public corporate registry).