Destini
Destini Bhd offers engineering services in mobility (mostly rail), aviation and defence (primarily for the military), marine (for O&G) and energy (predominantly solar.
Note: Our coverage of Destini has ceased as of 06 Nov 2025. As such, all information related to Destini will no longer be accurate. Thank you for your attention
Destini Bhd offers engineering services in mobility (mostly rail), aviation and defence (primarily for the military), marine (for O&G) and energy (predominantly solar. The bulk of Destini’s operations are based in Malaysia, but it has a small footprint in Singapore, China. Australia and UAE. The bulk of Destini’s orderbook today relates to the maintenance, repair and overhaul (MRO) of KTMB rolling stock.
Stock information
DESTINI
DESTINI - 7212.KL
NOT RATED
Target price: RM0.65
Last price: RM0.38
Market cap: RM209m
Shares out: 549m
52-week range: RM0.28 / RM0.51
3M ADV: RM0.3m
T12M returns: 15%
Share price performance
Investment fundamentals
| RMm | FY25A | FY26E | FY27E | FY28E |
|---|---|---|---|---|
| Revenue | 340.5 | 454.7 | 500.1 | 509.9 |
| Revenue Growth | 114% | 34% | 10% | 2% |
| EBITDA | 50.7 | 67.4 | 78 | 78.4 |
| EBITDA margin | 15% | 15% | 16% | 15% |
| PATAMI | 28.2 | 40.7 | 49.9 | 49.9 |
| PATAMI margin | 8% | 9% | 10% | 10% |
| ROA | 7% | 7% | 8% | 7% |
| ROE | 17% | 19% | 19% | 16% |
| PER | 6.7 | 5.1 | 4.2 | 4.2 |
| P/BV | 1.2 | 1.0 | 0.8 | 0.7 |
| Yield | 0% | 0% | 6% | 7% |
Source: Company data, NewParadigm Research, November 2025
