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Bawan Company

Saudi Arabia Β· Market cap: $417M Β· P/E: 6.6 Β· P/S: 0.4

Bawan makes and sells metal, wood, plastic, and electrical building products, and also does construction contracting work in Saudi Arabia.

Bawan is a Saudi industrial company that makes the physical stuff that goes into buildings and infrastructure β€” metal structures, wood products, plastic pipes and fittings, and electrical equipment β€” and it also takes on contracting work to install and build things. Its customers are largely construction firms, utilities, and industrial companies in Saudi Arabia, the people actually putting up buildings, factories, and power networks. In simple terms, Bawan is one of the suppliers behind the country's building boom.

Bawan Company (1302.SR) Metal and Wood products (wooden pallets and coated panels): line art illustration of a stack of wooden pallets beside plywood and decorative-coated panels in a carpentry workshop
Metal and Wood products
Bawan's Metal and Wood segment makes pallets and coated panels used in construction and shipping.

The business splits into a few clear pieces. There is a manufacturing side that produces metal and wood construction products, plastic pipes, and electrical gear, and there is a contracting side that bids on and carries out construction projects. The logic is fairly simple: sell the parts to builders, and when it makes sense, also be the builder. That mix lets Bawan earn money both from selling products and from project work, though contracting is generally the thinner-margin, lumpier part of the business. Its fortunes are tied tightly to Saudi construction and infrastructure spending. Government programs and big private developments drive demand for pipes, electrical equipment, and structural products, so when the Kingdom builds, Bawan sells. The downside is that construction is cyclical and project-based: payment delays, cost overruns, and a slowdown in building activity can hit hard.


Bawan is listed on the Saudi Stock Exchange, and the company pays out a meaningful share of its profits to shareholders as dividends β€” a common trait among established Saudi industrials. It is not a flashy growth story; it is a steady supplier plugged into the country's building cycle, worth understanding because it sits right where government spending turns into actual concrete, steel, and wiring.

Saved answer Β· last researched 12 Nov 2026