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Inghams Group Ltd.
(Sydney:ING)
Inghams Group Ltd. (ING) vs. iShares MSCI Australia ETF (EWA)
Inghams Group Ltd. Business Overview & Revenue Model
Inghams Group Ltd. Financial Statement Overview
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.15B | 3.15B | 3.26B | 3.04B | 2.71B | 2.67B |
| Gross Profit | 547.10M | 581.70M | 620.90M | 511.30M | 405.50M | 486.80M |
| EBITDA | 280.00M | 280.70M | 232.00M | 420.90M | 370.20M | 447.00M |
| Net Income | 56.40M | 89.80M | 101.50M | 60.40M | 35.10M | 83.30M |
Balance Sheet | ||||||
| Total Assets | 2.26B | 2.36B | 2.40B | 2.57B | 2.54B | 2.54B |
| Cash, Cash Equivalents and Short-Term Investments | 71.30M | 106.40M | 110.70M | 136.30M | 131.60M | 158.10M |
| Total Debt | 2.28B | 1.56B | 1.60B | 1.90B | 1.94B | 1.94B |
| Total Liabilities | 2.01B | 2.09B | 2.18B | 2.37B | 2.38B | 2.38B |
| Stockholders Equity | 255.20M | 277.00M | 219.60M | 201.80M | 158.20M | 163.60M |
Cash Flow | ||||||
| Free Cash Flow | 148.90M | 212.00M | 256.80M | 259.70M | 267.60M | 360.90M |
| Operating Cash Flow | 265.40M | 319.30M | 418.50M | 331.60M | 329.50M | 427.20M |
| Investing Cash Flow | -112.80M | -134.70M | -164.10M | -68.40M | -58.10M | -55.60M |
| Financing Cash Flow | -249.30M | -189.50M | -279.70M | -258.70M | -309.80M | -347.60M |
Inghams Group Ltd. Technical Analysis
Inghams Group Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | AU$960.28M | 12.69 | 12.11% | 4.07% | -2.82% | 12.29% | |
66 Neutral | AU$53.08M | 7.62 | 29.12% | ― | 2.63% | ― | |
63 Neutral | AU$1.30B | 32.27 | 2.58% | 6.42% | 12.27% | -35.60% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
60 Neutral | AU$905.67M | 10.10 | 36.84% | 7.63% | -3.36% | -11.53% | |
57 Neutral | AU$1.54B | 26.30 | 5.24% | 5.16% | 2.25% | -2.41% | |
49 Neutral | AU$813.39M | 13.98 | 3.47% | ― | 16.63% | 66.67% |
Inghams Group Ltd. Corporate Events
Inghams Group Limited has updated its dividend notification for ordinary fully paid shares, covering the six‑month period ended 27 December 2025. The dividend is tied to this reporting period, with an ex‑dividend date set for 12 March 2026 and a record date of 13 March 2026 for eligible shareholders.
The company revised the previously announced payment timetable because the initial payment date coincided with a public holiday, prompting a formal update through the ASX. The change is administrative in nature but ensures accurate scheduling for investors tracking income and settlement dates tied to Inghams’ interim distribution.
The most recent analyst rating on (AU:ING) stock is a Hold with a A$2.80 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Inghams Group Limited has released its FY26 interim financial results presentation dated 20 February 2026, providing a high-level update on the group’s activities and performance. The document emphasises that the information is a summary only, should be read alongside the company’s other ASX disclosures, and is presented largely on an as-reported, post-AASB 16 basis.
The company highlights the use of non-IFRS metrics such as EBITDA and underlying results to reflect business performance, noting these measures are unaudited. It also cautions that any forward-looking statements are subject to risks and uncertainties beyond its control, reinforcing that investors should not rely on the presentation as standalone investment advice.
The most recent analyst rating on (AU:ING) stock is a Sell with a A$2.10 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Inghams reported first-half FY26 earnings broadly in line with earlier guidance but sharply lower than a year ago, as underlying EBITDA pre AASB 16 fell 35% and net profit dropped nearly 65% amid higher costs tied to excess inventory, supply chain transition and customer on-boarding. While core poultry volumes edged down overall, second-quarter volume growth, stronger wholesale pricing, resilient New Zealand operations and inventory reductions are expected to support a stronger second half, though full-year EBITDA guidance has been cut and leverage has risen above the company’s target range.
Management is implementing an operational reset to restore efficiency, including improved planning, stabilising the supply chain and targeted farming and processing initiatives, with internal feed costs already lower and cash conversion improving due to inventory run-down. The shift of growers to variable performance-based contracts has lifted operating costs but is largely offset by lower depreciation and interest under AASB 16, and Inghams expects earnings momentum to rebuild through the second half and into FY27 despite the reduced FY26 outlook.
The most recent analyst rating on (AU:ING) stock is a Sell with a A$2.10 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Inghams Group Limited reported flat revenue of $1.61 billion for the half year to 27 December 2025, while net profit attributable to members fell 64.9% to $18.1 million compared with the prior corresponding period. The board has determined a fully franked interim dividend of 4.0 cents per share, totalling $14.9 million and payable on 3 April 2026, following the payment of an 8.0 cent fully franked final dividend for FY25 and against a backdrop of modestly higher net tangible asset backing of $0.67 per share.
The group’s investment in pet food palatant maker AFB International remained non-material to its financial performance, and it completed the wind-up of its Bermuda-based captive insurer Ovoid Insurance Limited during the period. The weak profitability despite stable sales underscores margin pressures or higher costs in the business, yet the continued dividend payments and improvement in net tangible asset backing suggest the board’s confidence in the company’s balance sheet resilience and ongoing returns to shareholders.
The most recent analyst rating on (AU:ING) stock is a Sell with a A$2.10 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Mitsubishi UFJ Financial Group, Inc. has lodged a notice with the market regulator indicating it has ceased to be a substantial holder in Inghams Group Limited, the Australian poultry producer. The filing details a series of transactions, largely purchases of fully paid ordinary shares executed by an entity controlled by Morgan Stanley, that have altered Mitsubishi UFJ’s relevant interest and voting power below the substantial holding threshold, signalling a change in the company’s institutional shareholder base and potentially affecting the liquidity and ownership structure of Inghams’ stock.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
First Sentier Investors, together with its related bodies corporate and associates under the broader Mitsubishi UFJ Financial Group umbrella, has lodged a notice stating it has ceased to be a substantial shareholder in Inghams Group Ltd as of 21 January 2026. The move indicates a reduction in First Sentier’s collective holding in Inghams below the substantial shareholder threshold, signaling a reallocation of capital by a major institutional investor that may alter Inghams’ register composition and slightly diminish the influence of this global asset management and banking group over the company’s governance and strategic direction.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Inghams Group Limited has adjusted the timing of its upcoming 2026 interim financial results webcast, moving the investor briefing to 11:00am AEDT on 20 February 2026. The rescheduling is designed to avoid a clash with another company’s results presentation and is intended to maximise attendance and participation from investors and other stakeholders, underscoring the company’s efforts to facilitate market engagement around its half-year performance.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Inghams Group Limited, a major Australian poultry and food producer listed on the ASX, has announced that it will publish its interim financial results for the first half of the 2026 financial year on Friday, 20 February 2026. The company will host a live webcast investor briefing at 10:00am AEDT on the same day, providing analysts and investors with an opportunity to review and question management on the half-year performance, underscoring Inghams’ ongoing commitment to transparent communication with the market and its stakeholders.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Citigroup Global Markets Australia Pty Limited and its related Citi group entities have notified Inghams Group Ltd that they have ceased to be a substantial shareholder as of 23 December 2025. The change reflects a series of adjustments in relevant interests held under securities lending arrangements, including decreased positions by Citibank N.A. Sydney Branch and Citigroup Global Markets Limited and a smaller offsetting increase by Citigroup Global Markets Australia Pty Limited, collectively reducing Citi’s voting power below the substantial holding threshold and slightly reshaping Inghams’ institutional shareholder base without indicating any direct change to the company’s underlying operations.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Citigroup Global Markets Australia Pty Limited and its related Citi group entities have notified Inghams Group Ltd that they have ceased to be a substantial shareholder as of 19 December 2025, reflecting changes in their relevant interests under securities lending arrangements. Within the Citi group, Citibank N.A. Sydney Branch increased its relevant interest in Inghams shares as agent lender, while Citigroup Global Markets Australia Pty Limited and Citigroup Global Markets Limited both reduced their relevant interests, leading to the group’s overall holding falling below the substantial shareholder threshold and signalling a shift in institutional ownership of Inghams stock.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
S&P Dow Jones Indices announced changes to the S&P/ASX Indices, effective December 22, 2025, following their quarterly review. The S&P/ASX 50 Index will see the addition of Lynas Rare Earths Limited and Washington H. Soul Pattinson and Company Limited, while Amcor PLC and Mirvac Group will be removed. The S&P/ASX 100 Index will include Eagers Automotive Limited and Capricorn Metals Limited, with Reece Limited and Reliance Worldwide Corporation Limited being removed. The S&P/ASX 200 Index will add six companies, including Aussie Broadband Limited and NexGen Energy, while removing six others, including Inghams Group Limited. These changes could impact the market positioning and investment strategies of the affected companies.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.
Inghams Group Limited has announced a change in the interests of its director, Edward Alexander, with the acquisition of 430,331 Unquoted Performance Rights as part of the company’s long-term incentive plan. This move, approved at the 2025 AGM, aligns with the company’s strategy to incentivize its leadership team, potentially impacting the company’s operational focus and stakeholder interests by strengthening leadership commitment to company goals.
The most recent analyst rating on (AU:ING) stock is a Buy with a A$2.75 price target. To see the full list of analyst forecasts on Inghams Group Ltd. stock, see the AU:ING Stock Forecast page.