Chairman’s statement
“Our expansion into the region and our roots in Mauritius are mutually reinforcing.”
Jan BoulléChairman – IBL Group
Chairman’s statement
The decade that shaped IBL
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Chairman’s statement
Stewardship through transformation
Jan Boullé reflects on ten years since the amalgamation and listing, and covers the year’s performance, portfolio decisions, sustainability and governance for the next phase.
In conversation with the Group CEO and Deputy Group CEO
Building the future
Arnaud Lagesse and Patrice Robert discuss a year of consolidation and organic growth, businesses taking the lead across the region, and the priority of execution excellence.
Leadership conversation
Regional growth has moved from Group-led expansion to businesses driving their growth organically and becoming regional hubs in their own right.
Arnaud Lagesse and Patrice RobertGroup CEO and Deputy Group CEO
In conversation with the Group CEO and Deputy Group CEO
Group Chief Financial Officer’s report
Transformation in action
Cédrik Le Juge de Segrais explains earnings quality, regional contribution and disciplined capital deployment.
Financial perspective
“In 2026, revenue and operating profit increased across all four clusters, and the Group achieved this while reducing debt.”
Cédrik Le Juge de SegraisGroup Chief Financial Officer
Group Chief Financial Officer’s report
Key financial figures
The year in numbers
Revenue, operating profit and EBITDA all rose in FY2026, reflecting a strong underlying performance across the Group.
Profit before tax
Rs 5.3 BnFY2025: Rs 4.6 BnEarnings per share
Rs 2.56FY2025: Rs 4.42International revenue
51%of Group revenueInternational presence
20territoriesOur international presence
IBL works across 20 territories.
- Brazil
- Bulgaria
- China
- Comoros
- France
- India
- Ivory Coast
- Kenya
- Madagascar
- Maldives
- Mauritius
- Réunion
- Romania
- Seychelles
- Singapore
- Somalia
- South Sudan
- Sri Lanka
- Tanzania
- UAE
- Uganda
- Zimbabwe
Revenue by geography
Mauritius · 49%Rs 60.9 Bn
East Africa · 40%Rs 49.3 Bn
Indian Ocean · 9%Rs 10.8 Bn
Other markets · 3%Rs 3.3 Bn
FY2026 audited reference figures · Illustrative USD conversion at USD 1 = MUR 47.20
Performance by clusters
Choose where to explore.
FY2026 delivered growth across all four clusters, with a strong contribution from East Africa and operating profit rising faster than revenue.
How we deliver our strategy
A focused portfolio
built for regional growth
Editorial case studies connect regional ambition with real decisions, teams and operating outcomes.
Corporate Services
Inside IBL’s Head Office
Thierry LabatGroup Head of Corporate Services – IBL Group
Réunion / Indian Ocean x East Africa
From Nairobi to Réunion:
IBL on the ground
Michel PilotCOO – IBL East Africa
Anaïck LarabiHead of Group Legal Affairs & Development, Réunion / Indian Ocean Area – IBL Group
Growth enablers
The capabilities behind growth.
Investments in people, technology, innovation and sustainability are contributing directly to performance and preparing IBL’s businesses to scale across the region.
Capability 01
People
GREAT: The IBL Academy, internal mobility and tailored development programmes are building capability across the Group.
Open the People chapterCapability 02
Sustainability
Carbon accounting, materiality work and cross-sector collaboration are creating a stronger evidence base for action.
Open the Sustainability chapterCapability 03
Technology and Transformation
Shared platforms, data governance and practical AI use cases connect teams and improve decisions across markets.
Open the Technology and Transformation chapterCapability 04
Innovation
Coaching workshops help teams turn ideas into structured opportunities that support resilience and growth.
Open the Innovation chapterStay informed
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