# New Zealand Rural Land Company Limited (NZX:NZL)

**Exchange:** NZX (XNZE)
**Sector:** Real Estate
**ISIN:** NZNZLE0001S2
**LEI:** 98450067CEFYFC89F428
**Financial year-end:** March

## Overview

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.

## Market

- **Market cap:** NZ$146.1M (most recent close)

## Latest annual results (FY2025)

- **Revenue:** NZ$19.0M
- **Total equity:** NZ$235.2M

All figures sourced from the company's most recent annual report. Monetary values in New Zealand dollars.

## Governance

- **Governance Risk Score (NZXplorer methodology):** 61.38 — Good (calculated 2026-06-01T12:34:32.644+00:00)
- **Board size:** 4 directors, 50% independent
- **Chair:** [Rob Campbell](https://nzxplorer.co.nz/people/rob-campbell)

## Latest NZX announcement

- **2026 Annual Meeting Results** (2026-05-20, MEETING)
- Source: https://www.nzx.com/announcements/472979

## More data

- Company page: https://nzxplorer.co.nz/companies/new-zealand-rural-land
- Structured facts (JSON): https://nzxplorer.co.nz/api/v1/companies/NZL/facts.json
- Full detail API: https://nzxplorer.co.nz/api/v1/companies/NZL?include=all
- Company website: https://www.nzrlc.co.nz
- NZX page: https://www.nzx.com/companies/NZL

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Published by [NZXplorer](https://nzxplorer.co.nz). Canonical: https://nzxplorer.co.nz/companies/new-zealand-rural-land. Data licence: CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source. Generated 2026-06-06.