Incitec Pivot stock becomes Dyno Nobel after fertilizer sale

Incitec Pivot stock, now represented by Dyno Nobel, was trading at AUD 4.04 on the ASX on September 24, 2026, up 0.25 percent from AUD 4.03. The company has a market capitalization of AUD 7,078,645,533, while the price sits AUD 0.18 below its 52-week high of AUD 4.22.

The fertilizer split changes the profile

Dyno Nobel said on August 31, 2026, that it completed the separation and sale of the Incitec Pivot fertilizer business to Ridley Corporation in 2025. The move left the listed company as a pure-play explosives business and shifted its global headquarters to Brisbane.

The market identity changed with the strategy. Intelligent Investor identifies Dyno Nobel as formerly Incitec Pivot, with ASX ticker DNL, Materials classification and Diversified Chemicals as the industry.

H1 EBIT rises 39 percent

For the half year ended March 2026, Group EBIT increased 39 percent to AUD 243 million, while net profit rose 83 percent to AUD 161 million. Revenue increased 11 percent year over year, and explosives business EBIT climbed 43 percent to AUD 224 million, according to Investing.com in its May 11, 2026 earnings summary.

The operating comparison matters more than the old fertilizer label. Explosives EBIT of AUD 224 million represented 92.2 percent of the AUD 243 million Group EBIT, making the core business the main earnings driver in H1 2026. The interim dividend was AUD 0.046 per share.

ASX price reaches AUD 4.04

Incitec Pivot stock, under the Dyno Nobel name, was trading at AUD 4.04 on the ASX on September 24, 2026. The 52-week range was AUD 2.83 to AUD 4.22, placing the quote 43.0 percent above the low and 4.3 percent below the high.