Business Segments Alexander Forbes Group Holdings Limited

Stocks

AFH

ZAE000191516

Investment Management & Fund Operators

End-of-day quote Johannesburg S.E. 2026-09-11			5-day change	1st Jan Change
6.850 ^ZAR	+0.74%		-1.58%	-12.18%

06-11	Alexander Forbes Group Holdings Limited Declares Final Cash Dividend for the Period Ended 31 March 2026, Payable on 20 July 2026	CI
06-09	Alexander Forbes Group Holdings Limited Reports Earnings Results for the Full Year Ended March 31, 2026	CI

Sales 2026 by Business Segment

Sales 2026 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (ZAR)

Fiscal Period: March	2022	2023	2024	2025	2026
Investment Funds
Investments	2.14B	2.17B	2.43B	2.68B	2.51B
Interest Expense	-	-	-	-	-11M
Income Tax Expense	128M	117M	158M	171M	269M
EBT	417M	403M	506M	647M	832M
Gross Profit	1.42B	1.47B	1.62B	1.82B	1.58B
D&A	-	-	-	-	-
Operating Income	416M	402M	504M	645M	748M
Net Income	289M	286M	348M	476M	590M
Gross Profit	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Gross Profit	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
	-	-	-	-	579M
Corporate	-	-	-	-	2.02B
Interest Expense	-	-	-	-	-18M
Income Tax Expense	-	-	-	-	24M
EBT	-	-	-	-	81M
Gross Profit	-	-	-	-	1.98B
D&A	-	-	-	-	-
Operating Income	-	-	-	-	67M
Net Income	-	-	-	-	57M
	-	-	-	-	2.51B
Growth Markets	-	-	-	-	579M
Interest Expense	-	-	-	-	-4M
Income Tax Expense	-	-	-	-	27M
EBT	-	-	-	-	95M
Gross Profit	-	-	-	-	478M
Operating Income	-	-	-	-	93M
Net Income	-	-	-	-	66M
Emerging Markets	-	-	-	-	-
Gross Profit	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
	-	-	-	-	2.02B
Investment Advice
Retail	-	-	-	-	1.11B
Interest Expense	-	-	-	-	-7M
Income Tax Expense	-	-	-	-	40M
EBT	-	-	-	-	138M
Gross Profit	-	-	-	-	768M
Operating Income	-	-	-	-	135M
Net Income	-	-	-	-	98M
Multinational Consulting	309M	342M	374M	429M	-
Interest Expense	-2M	-3M	-3M	-4M	-
Income Tax Expense	3M	4M	8M	7M	-
EBT	11M	14M	25M	25M	-
Gross Profit	284M	307M	342M	386M	-
Operating Income	13M	15M	22M	29M	-
Net Income	6M	10M	5M	15M	-
	-	-	-	-	1.11B
Individual Consulting	572M	594M	674M	752M	-
Interest Expense	-	-	-	-3M	-
Income Tax Expense	14M	11M	16M	15M	-
EBT	45M	38M	50M	58M	-
Gross Profit	355M	369M	420M	461M	-
Operating Income	42M	33M	42M	50M	-
Net Income	31M	27M	34M	43M	-
Retirements Consulting	866M	1.03B	1.22B	1.41B	-
Interest Expense	-	-3M	-18M	-30M	-
Income Tax Expense	14M	9M	-27M	7M	-
EBT	46M	31M	-84M	26M	-
Gross Profit	849M	978M	1.16B	1.36B	-
D&A	-	-	-	-	-
Operating Income	46M	35M	19M	31M	-
Net Income	32M	22M	-57M	19M	-
Retail - Wealth and Investments	-	-	-	-	-
Gross Profit	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Group Central	-	-	-	-	53M
Interest Expense	-	-	-	-	-24M
Income Tax Expense	-	-	-	-	-18M
EBT	-	-	-	-	-30M
Gross Profit	-	-	-	-	42M
Operating Income	-	-	-	-	-16M
Net Income	-	-	-	-	49M
Institutional - Administration only	-	-	-	-	-
Gross Profit	-	-	-	-	-
	-	-	-	-	53M
Operating Income	-	-	-	-	-
Operating Income	-	-	-	-	-
Information Technology (IT) Consulting
Net Income	105M	261M	311M	290M	-
Operating Income	39M	54M	-	-	-
Income Tax Expense	57M	41M	117M	72M	-
EBT	100M	141M	180M	144M	-
Interest Expense	-6M	-14M	-17M	-26M	-
Healthcare Referral Services
Healthcare Consulting	309M	356M	367M	379M	-
Interest Expense	-	-	-	-	-
Income Tax Expense	19M	20M	23M	23M	-
EBT	63M	69M	74M	86M	-
Gross Profit	309M	356M	363M	371M	-
Operating Income	62M	67M	74M	86M	-
Net Income	44M	49M	51M	63M	-
Life Insurance
Net Income	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Gross Profit	-	-	-	-	-
Casualty
Net Income	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Gross Profit	-	-	-	-	-
General Management Services
Net Income	-	-	-	-	-

Geographical breakdown of sales (ZAR)

Fiscal Period: March	2022	2023	2024	2025	2026
South Africa	3.89B	4.13B	4.66B	5.2B	5.68B
	-	-	-	-	169M
Jersey and Channel Islands	63M	64M	71M	83M	201M
	-	-	-	-	41M
Botswana	118M	134M	154M	170M	181M
	-	-	-	-	201M
Namibia	110M	121M	130M	156M	169M
	-	-	-	-	181M
Other	18M	34M	39M	41M	41M
	-	-	-	-	5.68B