THE MAURITIUS DEVELOPMENT INVESTMENT TRUST COMPANY LIMITED

Balance Sheet The Mauritius Development Investment Trust Company Limited

Stocks

MDIT.N0000

MU0034N00002

Closed End Funds

End-of-day quote Mauritius S.E. Other stock markets 10/06/2026			5-day change	1st Jan Change
1.960 ^MUR	+0.51%		-0.51%	-1.51%

05-15	The Mauritius Development Investment Trust Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2026	CI
05-15	The Mauritius Development Investment Trust Company Limited announces Annual dividend, payable on September 21, 2026	CI

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Published financial data: THE MAURITIUS DEVELOPMENT INVESTMENT TRUST COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021	2022	2023	2024	2025
Gain (Loss) on Sale of Investment, Total (Rev)	272M	126M	-181M	136M	217M
Interest And Invest. Income (Rev)	17.55M	51.44M	52.3M	68.09M	71.18M
Total Revenues	289M	178M	-129M	204M	289M
Cost of Goods Sold, Total	-1.2M	-75K	-	-435K	-
Gross Profit	290M	178M	-129M	204M	289M
Selling General & Admin Expenses, Total	15.9M	22.33M	22.74M	22.7M	25.77M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses, Total	15.9M	22.33M	22.74M	22.7M	25.77M
Operating Income	275M	156M	-151M	182M	263M
Interest Expense, Total	-2.25M	-1.87M	-4.23M	-5.72M	-6.06M
Net Interest Expenses	-2.25M	-1.87M	-4.23M	-5.72M	-6.06M
Currency Exchange Gains (Loss)	1.86M	567K	556K	-1.75M	-6.39M
EBT, Excl. Unusual Items	274M	154M	-155M	174M	250M
EBT, Incl. Unusual Items	274M	154M	-155M	174M	250M
Income Tax Expense	200K	309K	-165K	985K	1.44M
Earnings From Continuing Operations	274M	154M	-155M	173M	249M
Net Income to Company	274M	154M	-155M	173M	249M
Net Income - (IS)	274M	154M	-155M	173M	249M
Net Income to Common Incl Extra Items	274M	154M	-155M	173M	249M
Net Income to Common Excl. Extra Items	274M	154M	-155M	173M	249M
Per Share Items
Net EPS - Basic	0.65	0.36	-0.37	0.41	0.59
Basic EPS - Continuing Operations	0.65	0.36	-0.37	0.41	0.59
Basic Weighted Average Shares Outstanding	423M	423M	423M	423M	423M
Net EPS - Diluted	0.65	0.36	-0.37	0.41	0.59
Diluted EPS - Continuing Operations	0.65	0.36	-0.37	0.41	0.59
Diluted Weighted Average Shares Outstanding	423M	423M	423M	423M	423M
Normalized Basic EPS	0.4	0.23	-0.23	0.26	0.37
Normalized Diluted EPS	0.4	0.23	-0.23	0.26	0.37
Dividend Per Share	0.07	0.19	0.07	0.08	0.1
Payout Ratio	-	38.5	-32.8	17.12	13.43
Supplemental Items
EBITA	275M	156M	-151M	182M	263M
EBIT	275M	156M	-151M	182M	263M
Total Revenues (As Reported)	291M	178M	-128M	202M	282M
Effective Tax Rate - (Ratio)	0.07	0.2	0.11	0.57	0.57
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-	-	-	-
Normalized Net Income	171M	96.41M	-96.91M	109M	156M
Supplemental Operating Expense Items
General and Administrative Expenses	15.9M	22.33M	22.74M	22.7M	25.77M

Fiscal Period: June	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	22.85M	37.52M	7.06M	18.82M	76.48M
Trading Asset Securities, Total	1.43B	1.55B	1.31B	1.52B	1.68B
Total Cash And Short Term Investments	1.45B	1.59B	1.32B	1.54B	1.75B
Accounts Receivable, Total	8.5M	12.44M	71.27M	22.88M	102M
Other Receivables	-	-	-	44K	-
Notes Receivable	17.16M	11.14M	9.44M	8.86M	7.07M
Total Receivables	25.66M	23.58M	80.71M	31.78M	109M
Prepaid Expenses	271K	236K	241K	235K	272K
Total Current Assets	1.48B	1.61B	1.4B	1.57B	1.86B
Long-term Investments	39.68M	-	-	-	-
Total Assets	1.52B	1.61B	1.4B	1.57B	1.86B
Liabilities
Accounts Payable, Total	-	123K	77K	1.08M	5.39M
Accrued Expenses, Total	6.72M	6.77M	6.31M	4.4M	2.18M
Short-term Borrowings	78.62M	78M	73.9M	99.91M	173M
Current Income Taxes Payable	480K	503K	61K	-	91K
Other Current Liabilities	31.02M	52.62M	30.88M	36.14M	44.64M
Total Current Liabilities	117M	138M	111M	142M	225M
Total Liabilities	117M	138M	111M	142M	225M
Common Stock, Total	423M	423M	423M	423M	423M
Retained Earnings	977M	1.05B	868M	1.01B	1.21B
Total Common Equity	1.4B	1.47B	1.29B	1.43B	1.64B
Total Equity	1.4B	1.47B	1.29B	1.43B	1.64B
Total Liabilities And Equity	1.52B	1.61B	1.4B	1.57B	1.86B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	423M	423M	423M	423M	423M
ECS Total Common Shares Outstanding	423M	423M	423M	423M	423M
Book Value / Share	3.31	3.48	3.05	3.38	3.87
Tangible Book Value	1.4B	1.47B	1.29B	1.43B	1.64B
Tangible Book Value Per Share	3.31	3.48	3.05	3.38	3.87
Total Debt	78.62M	78M	73.9M	99.91M	173M
Net Debt	-1.37B	-1.51B	-1.25B	-1.44B	-1.58B
Account Code - Inventory Valuation	3	3	3	3	3
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: June	2021	2022	2023	2024	2025
Net Income	274M	154M	-155M	173M	249M
(Gain) Loss From Sale Of Asset	-	-	-	-	1.31B
(Gain) Loss on Sale of Investments - (CF)	-272M	-126M	181M	-136M	-217M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision for Credit Losses	-1.2M	-75K	-	-435K	-
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	2.38M	35.7M	40.7M	-90.7M	-1.32B
Change In Accounts Receivable	-3.68M	3.43M	-42.69M	70.57M	4.57M
Change In Accounts Payable	-18.3M	3.65M	-1.93M	-681K	-1.04M
Change in Other Net Operating Assets	-586K	6.09M	1.7M	1.01M	1.79M
Cash from Operations	-19.13M	76.37M	23.83M	17.14M	27.49M
Short Term Debt Issued, Total	679M	546M	491M	69.01M	112M
Total Debt Issued	679M	546M	491M	69.01M	112M
Short Term Debt Repaid, Total	-666M	-549M	-495M	-43M	-42M
Total Debt Repaid	-666M	-549M	-495M	-43M	-42M
Common Dividends Paid	-	-59.27M	-50.81M	-29.64M	-33.44M
Common & Preferred Stock Dividends Paid	-	-59.27M	-50.81M	-29.64M	-33.44M
Cash from Financing	13M	-62.27M	-54.84M	-3.63M	36.56M
Foreign Exchange Rate Adjustments	1.86M	567K	556K	-1.75M	-6.39M
Net Change in Cash	-4.27M	14.67M	-30.46M	11.76M	57.66M
Supplemental Items
Cash Interest Paid	1.7M	1.55M	2.65M	5.24M	5.82M
Cash Income Tax Paid (Refund)	372K	285K	277K	1.09M	1.3M
Levered Free Cash Flow	190M	120M	-177M	163M	96.69M
Unlevered Free Cash Flow	192M	121M	-174M	167M	100M
Change In Net Working Capital	-20.13M	-23.9M	79.87M	-53.23M	63.8M
Net Debt Issued / Repaid	13M	-3M	-4.03M	26.01M	70M

Fiscal Period: June	2021	2022	2023	2024	2025
Profitability
Return on Assets	12.4	6.21	-6.28	7.63	9.56
Return on Total Capital	12.62	6.41	-6.49	7.84	9.82
Return On Equity %	21.44	10.71	-11.2	12.72	16.22
Return on Common Equity	21.44	10.71	-11.2	12.72	16.22
Margin Analysis
Gross Profit Margin %	100.42	100.04	100	100.21	100
SG&A Margin	5.5	12.56	-17.68	11.14	8.93
EBITA Margin %	94.92	87.49	117.68	89.07	91.07
EBIT Margin %	94.92	87.49	117.68	89.07	91.07
Income From Continuing Operations Margin %	94.71	86.58	120.4	84.93	86.26
Net Income Margin %	94.71	86.58	120.4	84.93	86.26
Net Avail. For Common Margin %	94.71	86.58	120.4	84.93	86.26
Normalized Net Income Margin	59.24	54.22	75.33	53.38	54.22
Levered Free Cash Flow Margin	65.8	67.46	137.69	80.04	33.5
Unlevered Free Cash Flow Margin	66.28	68.12	135.64	81.79	34.81
Asset Turnover
Asset Turnover	0.21	0.11	-0.09	0.14	0.17
Short Term Liquidity
Current Ratio	12.65	11.69	12.61	11.11	8.28
Quick Ratio	12.5	11.6	12.52	11.05	8.25
Operating Cash Flow to Current Liabilities	-0.16	0.55	0.21	0.12	0.12
Average Days Payable Outstanding	-	-	-	-488.42	-
Long Term Solvency
Total Debt/Equity	5.61	5.29	5.72	6.98	10.54
Total Debt / Total Capital	5.32	5.02	5.41	6.53	9.53
Total Liabilities / Total Assets	7.7	8.56	7.93	9	12.08
EBIT / Interest Expense	122.17	83.15	-35.82	31.73	43.37
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-192.9	-38.52	-172.35	-258.41	41.62
Gross Profit, 1 Yr. Growth %	-193.61	-38.75	-172.32	-258.75	41.32
EBITA, 1 Yr. Growth %	-183.85	-43.33	-197.32	-219.91	44.79
EBIT, 1 Yr. Growth %	-183.85	-43.33	-197.32	-219.91	44.79
Earnings From Cont. Operations, 1 Yr. Growth %	-183.64	-43.8	-200.61	-211.73	43.84
Net Income, 1 Yr. Growth %	-183.64	-43.8	-200.61	-211.73	43.84
Normalized Net Income, 1 Yr. Growth %	-183.78	-43.73	-200.52	-212.25	43.85
Diluted EPS Before Extra, 1 Yr. Growth %	-183.64	-43.8	-200.61	-211.73	43.84
Accounts Receivable, 1 Yr. Growth %	735.59	46.41	472.81	-67.89	345.33
Total Assets, 1 Yr. Growth %	21.44	6.31	-13.05	12.14	18.45
Tangible Book Value, 1 Yr. Growth %	21.21	5.32	-12.46	10.84	14.45
Common Equity, 1 Yr. Growth %	21.21	5.32	-12.46	10.84	14.45
Cash From Operations, 1 Yr. Growth %	-111.54	-499.27	-67.79	-28.07	62.92
Levered Free Cash Flow, 1 Yr. Growth %	-196.22	-36.97	-247.59	-192.08	-39.71
Unlevered Free Cash Flow, 1 Yr. Growth %	-197.65	-36.82	-243.98	-195.52	-38.71
Dividend Per Share, 1 Yr. Growth %	-22.22	171.43	-63.16	14.29	25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	29.28	-24.43	-33.31	7.05	49.78
Gross Profit, 2 Yr. CAGR %	30.49	-24.28	-33.45	7.15	49.78
EBITA, 2 Yr. CAGR %	35.8	-31.07	-25.74	8.02	31.76
EBIT, 2 Yr. CAGR %	35.8	-31.07	-25.74	8.02	31.76
Earnings From Cont. Operations, 2 Yr. CAGR %	37.54	-31.44	-24.8	6.03	26.77
Net Income, 2 Yr. CAGR %	37.54	-31.44	-24.8	6.03	26.77
Normalized Net Income, 2 Yr. CAGR %	37.07	-31.34	-24.79	6.22	27.07
Diluted EPS Before Extra, 2 Yr. CAGR %	37.54	-31.44	-24.8	6.03	26.77
Accounts Receivable, 2 Yr. CAGR %	-41.32	249.77	189.6	35.61	19.57
Total Assets, 2 Yr. CAGR %	-5.63	13.62	-3.86	-1.26	15.25
Tangible Book Value, 2 Yr. CAGR %	-3.82	12.99	-3.98	-1.5	12.63
Common Equity, 2 Yr. CAGR %	-3.82	12.99	-3.98	-1.5	12.63
Cash From Operations, 2 Yr. CAGR %	-41.59	-32.12	11.61	-51.86	7.41
Levered Free Cash Flow, 2 Yr. CAGR %	12.15	-22.12	-3.52	16.58	-26.12
Unlevered Free Cash Flow, 2 Yr. CAGR %	11.86	-21.45	-4.6	17.28	-24.12
Dividend Per Share, 2 Yr. CAGR %	-45.99	45.3	0	-35.11	19.52
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	86.44	0.91	-25.52	-11.02	17.52
Gross Profit, 3 Yr. CAGR %	86.7	1.41	-25.43	-11.08	17.5
EBITA, 3 Yr. CAGR %	131.23	1.48	-22.67	-12.88	19.1
EBIT, 3 Yr. CAGR %	131.23	1.48	-22.67	-12.88	19.1
Earnings From Cont. Operations, 3 Yr. CAGR %	137.73	2.06	-22.09	-14.19	17.37
Net Income, 3 Yr. CAGR %	137.73	2.06	-22.09	-14.19	17.37
Normalized Net Income, 3 Yr. CAGR %	134.19	1.87	-22.04	-14.05	17.52
Diluted EPS Before Extra, 3 Yr. CAGR %	137.73	2.06	-22.09	-14.19	17.37
Accounts Receivable, 3 Yr. CAGR %	-26.19	-20.41	312.28	39.12	101.57
Total Assets, 3 Yr. CAGR %	-1.97	-1.81	3.93	1.2	4.92
Tangible Book Value, 3 Yr. CAGR %	-1.63	-0.87	3.77	0.73	3.56
Common Equity, 3 Yr. CAGR %	-1.63	-0.87	3.77	0.73	3.56
Cash From Operations, 3 Yr. CAGR %	-26.36	10.85	-47.61	-3.59	-28.1
Levered Free Cash Flow, 3 Yr. CAGR %	45.62	-7.45	-3.61	-5.01	-6.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	46.45	-7.53	-3.85	-4.56	-6.06
Dividend Per Share, 3 Yr. CAGR %	-33.68	-7.49	-8.04	4.55	-19.26
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	17.93	-7.31	23.58	3.32	-1.5
Gross Profit, 5 Yr. CAGR %	18.03	-7.3	23.58	3.67	-1.44
EBITA, 5 Yr. CAGR %	12.92	-7.91	46.8	4.05	-4.3
EBIT, 5 Yr. CAGR %	12.92	-7.91	46.8	4.05	-4.3
Earnings From Cont. Operations, 5 Yr. CAGR %	12.46	-8.05	50.01	3.63	-5.34
Net Income, 5 Yr. CAGR %	12.46	-8.05	50.01	3.63	-5.34
Normalized Net Income, 5 Yr. CAGR %	12.59	-7.98	48.68	3.59	-5.21
Diluted EPS Before Extra, 5 Yr. CAGR %	12.46	-8.05	50.01	3.63	-5.34
Accounts Receivable, 5 Yr. CAGR %	-20.36	-18.61	27.53	-1.5	151.29
Total Assets, 5 Yr. CAGR %	-0.01	-0.31	-2.73	-1.59	8.32
Tangible Book Value, 5 Yr. CAGR %	-0.27	-1.02	-2.57	-1.12	7.23
Common Equity, 5 Yr. CAGR %	-0.27	-1.02	-2.57	-1.12	7.23
Cash From Operations, 5 Yr. CAGR %	-28.3	-7.43	-13.03	-21.1	-30.18
Levered Free Cash Flow, 5 Yr. CAGR %	24.32	-6.52	23.51	1.51	-13.34
Unlevered Free Cash Flow, 5 Yr. CAGR %	25.02	-6.39	23.38	1.7	-12.54
Dividend Per Share, 5 Yr. CAGR %	-21.84	-4.56	-21.84	-19.73	2.13