{"ticker":"NZL","name":"New Zealand Rural Land Company Limited","slug":"new-zealand-rural-land","sector":"Real Estate","industry":null,"exchange":"NZX","exchange_mic":"XNZE","isin":"NZNZLE0001S2","lei":"98450067CEFYFC89F428","permid":null,"website_url":"https://www.nzrlc.co.nz","description":"New Zealand Rural Land Company is an NZX-listed land-owning company that owns approximately 17,077 hectares of productive agricultural and forestry land across New Zealand and leases that land long-term to quality farm operators. NZL does not farm or operate the land itself; revenue is contracted long-term lease income with CPI-linked rent reviews. Economically NZL behaves like a real-estate investment vehicle (rural-land REIT) rather than a dairy or agricultural operator.","financial_year_end":"March","as_of":"2026-06-06","canonical_url":"https://nzxplorer.co.nz/companies/new-zealand-rural-land","data_license":"CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source","market":{"market_cap_nzd":146138526,"last_close_nzd":null,"last_close_date":null,"currency":"NZD"},"governance":{"grs":61.38,"grs_rating":"Good","grs_calculated_at":"2026-06-01T12:34:32.644+00:00","board_structure_score":19,"exec_remuneration_score":0,"board_size":4,"independent_directors":2,"board_independence_pct":50,"chair_name":"Rob Campbell","chair_slug":"rob-campbell","ceo_name":null,"ceo_role_label":null},"financials_latest_fy":{"fiscal_year":2025,"currency":"NZD","units":"thousands","revenue_thousands":18968,"gross_profit_thousands":null,"ebitda_thousands":null,"ebit_thousands":null,"net_profit_thousands":null,"eps_cents":null,"dividends_per_share_cents":4,"total_assets_thousands":null,"total_equity_thousands":235200,"net_debt_thousands":126800,"cash_and_equivalents_thousands":5900,"total_borrowings_thousands":null,"operating_cash_flow_thousands":null,"free_cash_flow_thousands":null,"capex_thousands":null},"ratios_latest_fy":{"fiscal_year":2025,"gross_margin":null,"net_margin":null,"ebitda_margin":null,"roe":null,"roa":null,"debt_to_equity":null,"current_ratio":null},"dividends_latest":null,"latest_announcement":{"id":67952,"date":"2026-05-20","title":"2026 Annual Meeting Results","type":"MEETING","url":"https://www.nzx.com/announcements/472979"},"links":{"page":"https://nzxplorer.co.nz/companies/new-zealand-rural-land","detail_json":"https://nzxplorer.co.nz/api/v1/companies/NZL?include=all","facts_json":"https://nzxplorer.co.nz/api/v1/companies/NZL/facts.json","nzx":"https://www.nzx.com/companies/NZL"}}