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Balwin Properties Limited (South Africa)

Main Activities: Lessors of Residential Buildings and Dwellings
Full name: Balwin Properties Limited Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Balwin Properties Limited is a national residential property developer in South Africa. The company focuses on developing large-scale, sectional title estates for the low-to-middle income population. Balwin was founded in 1996 by Steve Brookes, the current CEO and largest shareholder. They completed their first sectional title development in Johannesburg in 1996 and have since expanded to other regions including the Western Cape, Tshwane, and KwaZulu-Natal. Balwin's residential estates are located in high-density, high-growth areas and typically consist of 1,000 to 2,000 apartments. They aim to provide affordable housing close to amenities such as shopping centers, entertainment facilities, and schools. Balwin operates on a build-to-sell model, developing and selling approximately 3,000 sectional-title residential apartments each year. They have a secured pipeline of 51,803 apartments across 28 developments for the next 15 to 20 years.

Headquarters
105 Corlett Drive, Melrose, Private Bag X4, Gardenview 2047
Johannesburg; Gauteng; Postal Code: 2196

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Website: http://www.balwin.co.za

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairman
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Director / Member of the Management Board
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Chief Executive Officer
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Managing Director
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Chief Financial Officer
Ownership Details
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32.8%
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9.31%
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7.58%
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4.24%
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1.25%
Subsidiaries
Balwin Annuities Proprietary Limited
100%
Unlocked Properties 16 Proprietary Limited
100%
Company Performance
Financial values in the chart are available after Balwin Properties Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZAR. Absolute financial data is included in the purchased report.
Net sales revenue
-29.17%
Total operating revenue
-28.88%
Operating profit (EBIT)
-43.91%
EBITDA
-38.7%
Net Profit (Loss) for the Period
-50.3%
Total assets
4.55%
Total equity
4.5%
Operating Profit Margin (ROS)
-3.69%
Net Profit Margin
-3.92%
Return on Equity (ROE)
-5.98%
Debt to Equity Ratio
-0.45%
Quick Ratio
-0.23%
Cash Ratio
-0.18%

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