What Does REDOX’s (ASX:RDX) 2026 Annual Report Say About Revenue, Margins and Dividends?

Sonal Goyal

21 October 2026 05:31 PM AEDT

What Does REDOX’s (ASX:RDX) 2026 Annual Report Say About Revenue, Margins and Dividends?

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Key highlights

REDOX reported FY26 revenue of $1,330.2 million, up 6.9%, and gross profit of $298.2 million, up 11.0%, in its 2026 annual report.
Gross margin was 22.4%, up 0.8 percentage points, and basic EPS was 17.50 cents, up 19.2%.
Dividends for FY26 totalled 13.0 cents per share, and the company reported zero net debt at year end.

REDOX Ltd (ASX:RDX) closed 21 October 2026 at $3.50, lower by 0.57%. Across the market, the S&P/ASX 200 Industrials [XNJ] index settled at 8,113.90, higher by 0.99% or 79.50 points, and the S&P/ASX 200 [XJO] at 8,831.30, higher by 0.16% or 14.40 points, at 4:25 pm GMT+11. REDOX is an Australian distributor of chemicals, ingredients and raw materials.

What REDOX does

REDOX Limited distributes chemicals and ingredients for industrial and food customers, supplying industries including agriculture, mining, water and food and beverage across Australia, New Zealand, Asia and the United States. It has expanded through acquisitions.

FY26 results

In its annual report for the year ended 30 June 2026, REDOX reported revenue of $1,330.2 million, up 6.9%, gross profit of $298.2 million, up 11.0%, and underlying EBITFX of $122.0 million, up 9.8%. Underlying NPATFX was $87.3 million, up 9.0%, and basic EPS was 17.50 cents, up 19.2%. Gross margin was 22.4%, up from 21.6%. Dividends paid or payable were $68.3 million, a payout ratio of 74.3%, down from 85.1%.

Dividends and balance sheet

The Board declared a final fully franked dividend, taking FY26 dividends to 13.0 cents per share. The company reported zero net debt at year end and said it retains capacity for acquisitions. The report notes record revenue in a period of macroeconomic uncertainty and supply chain disruption.

Sector context

Industrial companies span transport, infrastructure, engineering, services and manufacturing, and they are tracked through the S&P/ASX 200 Industrials index, which closed at 8,113.90, up 0.99%, on 21 October 2026 alongside a 0.16% rise in the S&P/ASX 200 to 8,831.30. Chemicals distributors are exposed to input prices, supply chains, currency and customer demand across multiple industries.

Risks and uncertainties

The report states that markets and supply chains faced disruption, and results rely on acquisitions and product mix. Currency, raw material pricing, customer demand and integration of acquired businesses can affect outcomes.

Catalysts to watch

Items to watch include further acquisitions, margin trends and the first-half FY27 result.

Wrapping up

REDOX’s FY26 annual report recorded higher revenue, margin and EPS and a net debt free balance sheet. Later results will show margin progress.

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