Highlights

  • SFC (ASX:SFC): FY26 Revenue declined to AUD 202.7 million from AUD 229.7 million. On 29 October 2026, SFC shares were priced at A$18.43, and rose 0.71%.
  • Statutory NPAT was AUD 22.2 million versus AUD 24.3 million in FY25.
  • The board declared a fully franked final Dividend of AUD 0.45 per share.

Schaffer Corporation operates Manufacturing businesses, property interests and Investment holdings. Its manufacturing activities include automotive leather and Delta precast concrete; the group also has an interest in the South Connect Jandakot landholding in Western Australia. For its share-market quotation, Schaffer Corporation Ltd traded at AUD 18.43 per share and rose 0.71% in the quoted market trading figures. This market movement is presented separately from the company’s operating and financial results. The following company profile examines the reported financial period, the operating context and the details of its Business structure without treating prior-period developments as breaking news. SFC (ASX:SFC) traded at AUD 18.43 on 29 October 2026, with a daily gain of 0.71%. The following sections cover FY26 revenue and profit across manufacturing, property and investments, together with dividends.

How Did the Different Divisions Contribute to Earnings?

Schaffer Corporation operates manufacturing businesses, property interests and investment holdings. Its manufacturing activities include automotive leather and Delta precast concrete; the group also has an interest in the South Connect Jandakot landholding in Western Australia. These figures relate to the stated reporting period; where the company presents adjusted or underlying measures, they are distinct from statutory results. The distinction is relevant when comparing performance between financial periods.

Consolidated FY26 revenue of AUD 202.7 million compared with AUD 229.7 million in FY25, a reduction of AUD 27.0 million. Statutory NPAT after minority interests was AUD 22.2 million versus AUD 24.3 million. These figures relate to the stated reporting period; where the company presents adjusted or underlying measures, they are distinct from statutory results. The distinction is relevant when comparing performance between financial periods.

Operating Network and Business Mix

Automotive Leather revenue declined from AUD 185.5 million to AUD 176.3 million, while the division recorded AUD 11.8 million NPAT compared with AUD 16.3 million. The business combines financial performance with operating activity, and the two measures describe different aspects of its trading operations. Reported changes can also reflect the period over which activity was recognised.

Delta revenue was AUD 13.9 million versus AUD 31.6 million and the business recorded an AUD 1.3 million loss, against FY25 profit of AUD 4.9 million. Management cited fewer major projects, competition and margins. The business combines financial performance with operating activity, and the two measures describe different aspects of its trading operations. Reported changes can also reflect the period over which activity was recognised.

Margin, Cost and Profit Details

Group Investments recorded AUD 4.5 million NPAT, compared with AUD 3.3 million in FY25. This result included unrealised Equity and property movements alongside results from other investments. This figure forms part of the company’s reporting for the specified period and should be read alongside other reported measures, rather than as a standalone indicator of subsequent trading conditions.

South Connect Jandakot contributed AUD 10.6 million NPAT, compared with AUD 3.0 million in FY25. The FY26 contribution included an AUD 10.2 million net unrealised after-tax land valuation gain. This figure forms part of the company’s reporting for the specified period and should be read alongside other reported measures, rather than as a standalone indicator of subsequent trading conditions.

Cash, Capital and Financial Position

The investment portfolio’s pre-tax net equity value rose from AUD 227.3 million to AUD 240.9 million, equivalent to AUD 17.76 per share at the stated reporting date. Cash balances, investment activity and capital management measures are reported separately from revenue and accounting profits. Their definitions and timing also differ across the financial statements.

Schaffer’s Jandakot property covers a developable area of 33.6 hectares, with permitted uses including warehousing, showroom, storage and industrial-related operations. Cash balances, investment activity and capital management measures are reported separately from revenue and accounting profits. Their definitions and timing also differ across the financial statements.

Business Developments and Operating Priorities

Automotive Leather secured new programmes in Europe and China; the company also described a recovery from disruption affecting a Jaguar Land Rover customer earlier in FY26. These activities form part of the company’s documented business programme. Planned actions and targets are not recorded as completed financial outcomes unless the business has specifically reported their completion.

The board declared a fully franked final dividend of AUD 0.45 a share, taking ordinary fully franked FY26 dividends to AUD 0.90 a share, unchanged from FY25. These activities form part of the company’s documented business programme. Planned actions and targets are not recorded as completed financial outcomes unless the business has specifically reported their completion.

Key Insights

For SFC (ASX:SFC), FY26 revenue and statutory net profit declined overall, with differing contributions from manufacturing, property and investments. The fully franked final dividend is another reported component of the annual result.