Israel Shipyards Industries Ltd

ISHITASEIL0011685331₪3.6B

Investment Thesis

Generates revenue from designing, building, and maintaining military and civilian vessels, operating a private cargo port and related logistics services, selling and distributing building materials, and providing dry-bulk maritime transportation and chartering.

Geographic Exposure

Israel88.78%

Africa and the Far East7.16%

Europe and the Mediterranean2.94%

South America and Other1.15%

Revenue Drivers

Building materials sales and distribution

Imports, manufactures, and sells cement, gypsum, adhesives, and paints.

CORE63.9%

Naval and civilian shipbuilding

Designs, builds, and maintains military and civilian vessels and metalworks.

SIGNIFICANT18.8%

Port cargo handling services

Provides cargo unloading, storage, and logistics services at a private port.

SIGNIFICANT10.5%

Dry-bulk maritime transportation

Operates and charters general cargo vessels under spot and time charters.

PERIPHERAL4.9%

Gas drilling logistics services

Provides logistics support services to natural gas drilling and production clients.

PERIPHERAL1.8%

End Markets

Defense ministries, navies and coast guards
Commercial shipowners and vessel operators
Importers/exporters and cargo owners
Construction contractors and building-material distributors
Commodity traders and manufacturers
Offshore oil and gas operators

Specializations

Reshef-class missile ship programShaldag fast patrol boat familyOffshore facility maintenance and logistics servicesEnd-to-end door-to-door logistics solutionsRail freight connection and cargo transport integrationPneumatic self-unloading cement vessel fleet

Activities

Ship design and shipbuilding
Ship repair and maintenance
Port operations and cargo handling
Import/manufacture and distribution of building materials
Maritime transport operations and chartering