What Astra Industrial Group does

Astra Industrial Group (AIG) is a publicly listed Saudi industrial conglomerate (Tadawul ticker 1212) headquartered in Riyadh, operating through four wholly-owned subsidiaries: Tabuk Pharmaceutical Manufacturing Company, Astra Industrial Complex for Fertilizer and Agrochemicals (AstraChem), Astra Polymer Compounding Company, and International Building Systems Factory (IBSF). The group manufactures and distributes branded generic pharmaceuticals across CNS, cardiovascular, anti-infectives, respiratory, and musculoskeletal therapeutic areas; formulates and distributes agrochemicals, fertilizers, and public-health chemicals; produces masterbatch, thermoplastic compounds, and liquid colorants for the plastics industry; and fabricates pre-engineered steel buildings and heavy steel structures. Manufacturing is anchored in Saudi Arabia, with additional plants in the UAE, Turkey, and India, and customer reach spanning more than 35 countries.

The group generates revenue primarily through direct B2B sales of manufactured goods (pharmaceuticals, chemicals, polymers, and steel structures) via subsidiary-led sales forces and regional distribution networks. Products are priced through contractual B2B negotiations and are not publicly disclosed. Marketing is limited to investor-relations communications on the Saudi Exchange (Tadawul), the corporate website, and shareholder meetings on the Tadawulaty platform, with no consumer-facing channels. Subsidiaries hold ISO 9001:2000, ISO 9000:2001, and AISC certifications supporting tender eligibility for industrial and construction customers.

Astra Industrial Group reported FY2025 revenue of SAR 3,071 million and net profit of SAR 666.8 million (up 13.14% year-over-year) on 80 million shares outstanding, with a market capitalization of SAR 10,592 million as of June 30, 2026. The group employs between 5,001 and 10,000 people and is led by founder-Chairman Mr. Sabih Masri and Group President Mr. Mohammad Al Hagbani, with a nine-member board in its sixth three-year term commencing April 2025.

Name

Astra Industrial Group

Legal name

Astra Industrial Group

Website

https://aig.sa

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Astra Industrial Group is a publicly listed Saudi industrial conglomerate operating through four wholly-owned subsidiaries that manufacture and distribute branded generic pharmaceuticals, agrochemicals and fertilizers, polymer compounds, and pre-engineered steel buildings across more than 35 countries.

Ownership category

akta.pro rank

Product category

Diversified industrial manufacturing (pharmaceuticals, agrochemicals, polymer compounds, steel structures)

NAICS

Pharmaceutical Preparation Manufacturing (325412), Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing (3253)

SIC

Pharmaceutical Preparations (2834), Wholesale-Chemicals & Allied Products (5160), Industrial Organic Chemicals (2860), General Industrial Machinery & Equipment (3560)

akta.pro primary industry

Drug Product Fill-Finish & Aseptic Manufacturing Services (HLAAAKAB)

akta.pro secondary industry

Food-Grade Chemicals & Processing Aids Trading/Wholesale (AFAIAKAJ)

Keywords

• Generic pharmaceutical manufacturing
• Agrochemical distribution
• Polymer compounding
• Pre-engineered steel buildings
• Industrial conglomerate

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Pharmaceuticals Sales: Tabuk Pharmaceutical Manufacturing Company develops, manufactures, markets, and distributes branded generic pharmaceuticals and under-licensed products globally. Revenue generated from product sales across over 20 markets in MENA region and beyond.
2. Specialty Chemicals Sales: AstraChem generates revenue from importing and distributing agrochemicals, fertilizers, public health chemicals, veterinary pesticides, seeds, and agricultural inputs. Operates formulation plants in Dammam and Turkey, distributing to 30 countries.
3. Polymer Compounding Sales: Astra Polymers produces and sells masterbatch, dust-free additives, thermoplastic compounds, and liquid colorants for polymer manufacturing industries across 5 production plants in Saudi Arabia, UAE, Turkey, and India.
4. Steel Building Systems Sales: IBSF produces and sells pre-engineered steel buildings and steel structures, serving clients across 35 countries from manufacturing plants in Riyadh Industrial City and Jubail.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Astra Industrial Group is a Saudi publicly listed industrial conglomerate that manufactures and distributes products through four wholly owned subsidiaries: branded generic pharmaceuticals and under-licensed drugs (Tabuk), fertilizers, agrochemicals, public health chemicals, seeds, and veterinary pesticides (AstraChem), polymer masterbatch, thermoplastic compounds, additives, and colorants (Astra Polymers), and pre-engineered steel buildings and steel structures (IBSF). The group operates ISO and AISC certified manufacturing plants in Saudi Arabia, UAE, Turkey, and India, distributing to more than 35 countries with primary focus on the MENA region.

Product overview

Astra Industrial Group (AIG) operates as a diversified industrial conglomerate with four main subsidiaries spanning pharmaceuticals, agrochemicals, polymers, and steel construction. The group consists of Tabuk Pharmaceuticals (generic pharmaceuticals and licensed products), AstraChem (fertilizers and agrochemicals distribution and production), Astra Polymers (polymer compounding and masterbatch products), and IBSF (pre-engineered steel buildings and structures). The company serves customers across the MENA region and globally, with manufacturing operations in Saudi Arabia, UAE, Turkey, and India.

Differentiator

Problem solved

Functional benefit

Products and services

• Tabuk Pharmaceutical Manufacturing Company (Tabuk) — Branded Generic Pharmaceuticals Develops, manufactures, markets and distributes branded generic pharmaceuticals and under-licensed products globally with a strong focus on the MENA region, operating across multiple therapeutic areas including CNS, cardiovascular, anti-infectives, respiratory, and musculoskeletal systems. Targeted at pharmaceutical wholesalers, distributors, and retail chains serving more than 20 markets.
• AstraChem — Fertilizers, Agrochemicals, and Public Health Chemicals Imports, distributes, formulates, and produces compounded fertilizers, agrochemicals, public health chemicals, veterinary pesticides, seeds, and other agricultural inputs. Operates a distribution network covering approximately 30 countries with over 150 registered products and three plants in Dammam and Turkey, targeted at agricultural input distributors, public health agencies, and farming cooperatives.
• Astra Polymers — Masterbatch and Thermoplastic Compounds Produces high-quality masterbatch, dust-free additives, custom-made thermoplastic compounds, and liquid or paste colorants for polymer manufacturing, polymer converting, and plastics processing industries. Operates five factories across Saudi Arabia, UAE, Turkey, and India with ISO 9001:2000 certification, reaching more than 25 countries. Targeted at polymer manufacturers, plastics processors, and converters.
• International Building Systems Factory (IBSF) — Pre-Engineered Steel Buildings and Structures Designs, manufactures, and erects pre-engineered steel buildings and steel structures for business and industrial requirements. Has executed over 10,000 structures across 35 countries, operating from three factories in Riyadh Industrial City and one heavy structure plant in Jubail, with ISO 9000:2001 and AISC certification. Targeted at industrial and commercial construction clients, engineering contractors, and project developers in the Gulf and broader MENA region.

Quantifiable outcome

• SAR 3,071 million in full-year 2025 revenue, up 0.28% year-over-year
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• TASNEE (National Industrialization Company): Saudi petrochemicals and downstream plastics company; comparable to Astra Polymers' polymer compounding and to AstraChem's chemicals operations, with overlapping MENA focus and downstream chemicals strategy.
• Julphar (Gulf Pharmaceutical Industries): UAE-based generic pharmaceutical manufacturer with strong MENA presence; comparable to Tabuk Pharmaceuticals in therapeutic area breadth, generics focus, and regional distribution, though Julphar is publicly listed in UAE.
• Jamjoom Pharma: Saudi pharmaceutical company specializing in branded generics across MENA markets; highly comparable to Tabuk in business model, geographic focus, and product category mix.
• SPIMACO (Saudi Pharmaceutical Industries & Medical Appliances Corporation): Saudi generic and branded pharmaceutical manufacturer; direct peer to Tabuk Pharmaceuticals with similar product mix (generics, licensed products), MENA distribution footprint, and Saudi regulatory positioning.
• Zamil Industrial Investment Company: Saudi-based manufacturer of pre-engineered steel buildings, steel structures, and insulation products; directly comparable to IBSF in product category, customer base (industrial and commercial construction), and MENA geographic focus.
• Kirby Building Systems (a Zamil Group company): Global pre-engineered steel buildings manufacturer with strong Middle East operations; directly competes with IBSF in steel structures and building systems across the same MENA and international customer base.

Broad incumbents

• Yansab (Yanbu National Petrochemical Company): Saudi petrochemical producer of olefins, polyolefins, and downstream specialty chemicals; broadly comparable to Astra Polymers' specialty chemicals exposure and to AstraChem's chemicals footprint in the Saudi industrial ecosystem.
• Sahara International Petrochemical Company (Sipchem): Saudi petrochemicals producer with diversified chemicals and polymers portfolio; broadly comparable to Astra Polymers and AstraChem operations, sharing Saudi feedstock access and MENA customer base.
• SABIC (Saudi Basic Industries Corporation): Saudi petrochemicals and diversified chemicals giant; comparable to Astra Polymers' polymer compounding business and overlaps with AstraChem in specialty chemicals, though SABIC operates at vastly larger scale across a broader chemicals portfolio.

Regional players

• Al-Bawani (Construction & Building Materials): Saudi construction and infrastructure company serving industrial and commercial clients in Saudi Arabia; adjacent peer to IBSF in steel structures and construction services, though Al-Bawani is more focused on full EPC services rather than building systems manufacturing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/astra-industrial-group

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Astra Industrial Group