About Carpet
Carpet is a publicly listed company based in Riyadh (Saudi Arabia) founded in 1981. Contract manufacturer of polyster, nylon, wool, viscose, and acrylic carpets and rugs. Its chief executive, as recorded, is Rajesh Seth. Its focus areas include Retail, Contract Manufacturers, Fashion and Fabric.
Company details
Carpet was established in 1981 in Riyadh, Saudi Arabia, as a contract manufacturer in the textile sector. Production focuses on carpets and rugs using materials such as polyester, nylon, wool, viscose, and acrylic. Operations are centered in the Middle East, serving various clients through customized manufacturing processes. Leadership is provided by CEO Rajesh Seth, with the company maintaining a domain at carpets.com for its activities.
- Headquarters Riyadh, Saudi Arabia
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website carpets.com
- Social LinkedIn X
- Legal Name Artex Industrial Investment Company
- Annual Revenue$563.98 M0.32as on Dec 31, 2025
- Net Profit$21.32 Mas on Dec 31, 2025
- EBITDA$29.8 Mas on Dec 31, 2025
People of Carpet
10 people are tracked at Carpet (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Rajesh Seth | CEO | Leadership |
Parminder Uttam | Head Of Department | Leadership |
Abdullatif Al Abdullatif | CEO | Leadership |
Ahmed Shalaby | Finance Manager | Team |
Sj Sj Suratkal | Dyeing Plant Manager | Team |
Meshal Alshahrani | Industrial Engineer | Team |
Adil Rashid | Assistant Accountant | Team |
Samir Hussein | Electrical Electronic Engineer | Team |
Muhammad Tahir Ashraf | Plant Manager | Team |
Thangaraj Aran | Sr. Microsoft Dynamics AX Developer At AI Abdullatif Industrial Investment Company & Redsea Cable | Team |
Complete people profiles for Carpet
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IPO & Listings of Carpet
Carpet is a publicly listed company on the TADAWUL with ticker symbol 2340 in Saudi Arabia, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Apr 2019
- Listed onTADAWUL: 2340
- Listed entityARTEX Industrial Investment Company
- Exchange sectorConsumer durables
- ISINSA000A0LF1T0
- Share price9.66 SAR (+0.21% on the day) · 2026-10-14
- Market capitalisation783,250,028.00 SAR
- Price to earnings11.7
- EPS (diluted, trailing year)0.82 SAR
- Volume (last session)6,729
Financials of Carpet
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 564.0M SAR | 21.3M SAR | 29.8M SAR |
| 2024 | 562.2M SAR | -129.1M SAR | -88.2M SAR |
| 2023 | 522.6M SAR | -74.8M SAR | 2.0M SAR |
| 2022 | 647.5M SAR | -57.9M SAR | 11.8M SAR |
| 2021 | 641.5M SAR | -47.8M SAR | 24.0M SAR |
Detailed financial statements for Carpet
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of Carpet
Websites that share an audience with Carpet (carpets.com).
Websites whose visitors overlap most with Carpet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dollfus-muller.com | dollfus-muller.com | 100% | #11,564,286 | – | |
| shawfloors.com | 80% | #181,569 | View details | ||
| starkcarpet.com | 80% | #603,038 | View details |
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Related news about Carpet
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Frequently Asked Questions about Carpet
Carpet was founded in 1981.
Carpet is headquartered in Riyadh, Saudi Arabia.
Rajesh Seth is the CEO of Carpet, as recorded in our data.
Carpet was established in 1981 in Riyadh, Saudi Arabia, as a contract manufacturer in the textile sector. Production focuses on carpets and rugs using materials such as polyester, nylon, wool, viscose, and acrylic. Operations are centered in the Middle East, serving various clients through customized manufacturing processes. Leadership is provided by CEO Rajesh Seth, with the company maintaining a domain at carpets.com for its activities.
Yes, Carpet is publicly traded on TADAWUL under the ticker symbol 2340.