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Dar es Salaam Stock Exchange

Last update 31 Dec 2025

Tol Gases Ltd · TOL.TZ

Tanzania · Materials · Chemicals · —

Price history

TOL Gases Ltd is a Tanzania-based company engaged in the production and distribution of industrial gases, medical gases, welding equipment, gas systems, and related accessories. Its customer base includes healthcare facilities, industrial users, fabricators, engineering firms, and other organizations that require reliable gas supply and technical support. The company also provides medical gas pipeline installation and related engineering services for health facilities, linking its business to both industrial activity and healthcare infrastructure. TOL's operating profile depends on production reliability, cylinder and distribution logistics, safety standards, customer contracts, imported equipment availability, and the ability to serve specialized applications where product quality and continuity of supply are critical. For analysis, key areas include gas-volume demand, margin stability, working-capital requirements, capital expenditure for production and cylinders, regulatory compliance, customer concentration, and the resilience of healthcare and industrial end markets.

Fundamentals

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Metric  (TZS, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 30
EBITDA 11
EBIT 7
Net income Net Income 2
Operating margin 22%
Net margin 7%