Shapir Engineering And Industry, IL0011338758

Shapir posts higher profit as Shapir Engineering And Industry stock sits 19.53 percent below high

Published on 10/09/2026 at 14:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income rose to ILS 108.00 million from ILS 56.00 million. Shapir Engineering And Industry stock stood at ILA 3,939.00 on October 8.

Key points in brief

Shapir Engineering And Industry reported second-quarter revenue of ILS 1.684 billion and net income of ILS 108.00 million.
Second-quarter net income rose 92.86 percent from ILS 56.00 million in the first quarter.
The stock stood at ILA 3,939.00 on October 8, 2026, 19.53 percent below its 52-week high.

Shapir Engineering And Industry, IL0011338758, Illustration mit AI erstellt.

Shapir Engineering And Industry (IL0011338758) reported second-quarter net income of ILS 108.00 million, up 92.86 percent from ILS 56.00 million in the first quarter. Investing.com listed the latest release on August 24, 2026, with revenue of ILS 1.684 billion for the second quarter.

Revenue growth reaches 8.16 percent

Revenue increased from ILS 1.557 billion in the first quarter to ILS 1.684 billion in the second quarter, a quarter-over-quarter gain of 8.16 percent. Gross profit reached ILS 224.00 million, compared with ILS 218.00 million in the first quarter, while operating income was ILS 122.00 million.

The earnings improvement was sharper than the revenue increase. Net income rose by ILS 52.00 million between the two quarters, while revenue increased by ILS 127.00 million, giving investors a clear difference between sales growth and bottom-line progress.

What does the profit jump mean?

The second-quarter results put net income at 6.41 percent of revenue, compared with 3.60 percent in the first quarter. The comparison points to stronger earnings conversion, although the balance sheet carried ILS 10.893 billion of total debt at June 30, 2026, against ILS 1.335 billion in cash and short-term investments.

Shapir operates across construction materials, infrastructure and engineering projects in Israel. Investing.com identifies the company as listed on the Tel Aviv Stock Exchange and reports construction materials as its industry and Basic Materials as its sector.

Stock remains below its yearly high

On October 8, 2026, Shapir Engineering And Industry stock stood at ILA 3,939.00 on the Tel Aviv Stock Exchange. Its 52-week range was ILA 2,734.00 to ILA 4,895.00, placing the price 19.53 percent below the high; market capitalization was ILS 14.1 billion on the same date.

The market picture therefore combines stronger quarterly profit with a share price below its yearly peak. The next valuation signal will be whether revenue growth and earnings conversion remain aligned in the following reported period.