Ginegar Plastic Products Ltd. provides smart covers for agricultural, horticulture, and industrial needs worldwide.
Industrials live or die by backlog + ROIC. Read both.
Mixed signals — interesting but with caveats. Worth a deeper look before committing capital.
| Period | Revenue | Gross profit | Operating income | Net income | Net margin |
|---|---|---|---|---|---|
| 2021-12-31 | — | — | — | — | — |
| 2022-12-31 | ₪627.83M | ₪87.44M | ₪-5.36M | ₪-18.26M | -2.9% |
| 2023-12-31 | ₪596.95M | ₪99.99M | ₪16.75M | ₪-306.00K | -0.1% |
| 2024-12-31 | ₪620.90M | ₪121.55M | ₪29.04M | ₪9.08M | 1.5% |
| 2025-12-31 | ₪628.28M | ₪113.16M | ₪24.93M | ₪4.70M | 0.7% |
Ginegar Plastic Products Ltd. provides smart covers for agricultural, horticulture, and industrial needs worldwide. The company offers suncover, driplock, suntherm, sunsaver, and overwinter films used in tunnel and greenhouse applications; low tunnels; and mulch films, as well as solarization films, and Ozguard products. It also provides shading, windbreak, insect screens, and hail protection nets; and geomembrane films of L.D.P.E. and H.D.P.E. for use in soil engineering applications, such as reservoirs, waste disposal sites, sub-terranean structures, roadworks, and other projects. The company was founded in 1969 and is based in Jezreel Valley, Israel.