Building on the success of Rockwell Center Makati, Rockwell expands its presence beyond the metro with mixed-use developments combining refined residences, dynamic workspaces, vibrant retail and leisure destinations, and a range of investment opportunities across its business units.
PERFORMANCE OVERVIEW
Key Highlights
The 2025 performance shows strong liquidity, improved leverage, and sector-wide growth, highlighting our steady growth alongside our stakeholders.
We have always worked towards a better future through purposeful design and thoughtful development. In every project, we create spaces that foster connections, nurturing communities that enrich lives, both within Rockwell Center and beyond.
100% Renewable Energy powered Commercial Portfolio (Retail and Office)
97% Renewable Energy powered Residential Portfolio (existing residential properties)
Electric Vehicle Charging
Rapid EV charging stations are available at Power Plant Mall, 8 Rockwell, One Proscenium, Rockwell Business Center Sheridan, Rockwell Business Center Ortigas, Santolan Town Plaza, and Alabang Town Center, as well as in three residential properties, with ongoing efforts and plans to expand across more developments.
Waste Management
Recycling
Partnered with Smart Recycle to process paper and plastic bottles, reducing landfill waste.
Composting
Ongoing partnerships with Smart Recycle and Nutricycle support more circular waste management by using Black Soldier Fly Larvae technology to process organic waste and reduce the volume of material sent to landfills.
Water Conservation
Low-Flow Fixtures
All existing properties have been retrofitted with low-flow washroom fixtures, reducing water intensity across the company’s estates, while new developments are being built with efficient water management systems.
Recycled Water for Irrigation
50% of Rockwell developments use recycled water for landscaping, conserving freshwater and supporting environmental stewardship.
Annual Reports
The annual reports highlight Rockwell’s performance, milestones, and initiatives. These showcase financial results, ongoing developments, and the commitment to building spaces where people and possibilities thrive.
The President, Corporate Secretary or Assistant Corporate Secretary and Chief Finance Officer reviews and approves major company announcements. The company undertakes specific activities (e.g. conducting no-deal road shows and accommodating invitations/requests for meetings from its investors to respond to queries) to listen and learn investor requirements, needs and changing expectations. The company takes the effort to meet its institutional investors and/or communicates person-to-person with shareholders through RCBC Stock Transfer.
Rockwell Land Corporation is listed with the Philippine Stock Exchange
Internal Communications are done through:
Weekly CEO Meetings
Monthly Board Meetings
Board Committee Meetings
Townhall Meetings
Memos and Announcements
Periodic reports
Emails
Telephone Calls
Website
Portal
While external communications are through:
One-on-One Meetings
Investors Conferences
Non-Deal Roadshows
Annual Stockholders’ Meeting
Disclosures
Press Releases
Rockwell Land publicizes Management Discussion and Analysis of Financial Condition and Results of Operation on a regular basis.
2025 Result of Operations
Rockwell Land Corporation achieved a record consolidated net income after tax (NIAT) of Php 5.3 billion in 2025, marking a 29% increase from Php 4.1 billion in 2024. With the net income margin rising to 25% (compared to 20% in 2024 and 18% in 2023). NIAT attributable to the Parent Company grew 28% to Php 4.7 billion (from Php 3.7 billion in 2024), partially boosted by a Php 0.7 billion one-time gain from the ACC acquisition. Total consolidated revenues reached Php 20.9 billion, a 4% increase over 2024’s Php 20.1 billion.
Consolidated Revenue Breakdown (2023–2025)
(Amounts in Millions Php)
2025
% TO TOTAL
2024
% TO TOTAL
2023
% TO TOTAL
RESIDENTIAL DEVELOPMENT
16,487
79%
15,862
79%
14,434
78%
COMMERCIAL DEVELOPMENT
4,388
21%
4,224
21%
4,077
22%
TOTAL CONSOLIDATED REVENUE
20,875
100%
20,086
100%
18,511
100%
SHARE IN NET INCOME IN JV AND ASSOCIATE
421
374
466
Building on the strong momentum of 2025, Rockwell Land Corporation posted substantial year-on-year (YoY) growth for the first quarter of 2026. NIAT attributable to the Parent Company reached Php 1.29 billion, a 67% upside from Php 773 million for the same period last year. Consolidated net income for the first quarter likewise increased by 52% to PhP 1.43 billion from Php 943 million in the first quarter of 2025.
Revenue growth was observed across core business segments with. Total consolidated revenue for Q1 2026 rising to Php 6.45 billion, up 45% from last year’s Php 4.45 billion.
Quarterly Revenue Comparison
(Amounts in Millions Php)
Q1 2026
Q1 2025
YoY
RESIDENTIAL DEVELOPMENT
4,851
3,415
+42%
COMMERCIAL DEVELOPMENT
1,604
1,033
+55%
TOTAL CONSOLIDATED REVENUE
6,455
4,448
+45%
SHARE IN NET INCOME IN JV AND ASSOCIATE
106
111
-5%
See the full 1Q 2026 Analysis of Financial Condition and Results of Operation here.
To foster transparency with our investors, we provide access to important documents for their reference.
Easily search, filter, and download the files you need at your convenience below:
ANNUAL & QUARTERLY REPORTS (SEC FORMS 17-A AND 17-Q)
Rockwell Land’s organizational chart depicts the internal structure of the organization and how their respective departments relate and work with each other.
Board of Directors
Rockwell Land Corp’s Board of Directors is composed of experienced professionals of diverse backgrounds who have proven their proficiency for success. Discover the visionaries behind Rockwell Land — click their names to learn more about them.
Emmanuel S. de Dios* – Chairman Monico V. Jacob* – Member Roberto L. Panlilio* – Member Benjamin R. Lopez – Member Jose Valentin A. Pantangco Jr. – Member
Roberto L. Panlilio* – Chairman Monico V. Jacob* – Member Emmanuel S. de Dios* – Member Nestor J. Padilla – Member Miguel Ernesto L. Lopez – Member Roberta L. Feliciano – Member
*Independent Director
Management Team
Leading with vision to create the Rockwell way of life. Learn more about the distinguished leaders shaping Rockwell’s legacy. Click the names below to explore
Rockwell Land Corporation follows strict corporate governance policies, just like most successful companies. These policies, manuals and other relevant documentation is made open to the public, including their dates and actual documents.
Rockwell Land Corporation views corporate governance as a vital system of stewardship and control, guiding the organization in fulfilling its long-term economic, moral, legal, and social obligations. The Corporation considers good governance a necessary component of sound strategic business management, designed to improve prosperity for shareholders and stakeholders alike.
Institutionalizing Ethical Leadership
The Board of Directors holds the principal responsibility for ensuring the Corporation’s compliance with the principles of good corporate governance. To maintain these standards, the Board and Management adhere to several key mandates:
Honesty and Integrity: The Board is required to conduct itself with the utmost honesty and integrity, applying high ethical standards while considering the interests of all stakeholders.
Fiduciary Duty: Directors are expected to act as fiduciaries, exercising the care, skill, and judgment that a reasonably prudent person would use in similar circumstances.
Standards of Professional Conduct
The Corporation maintains strict policies to ensure that the personal interests of its officers and directors do not interfere with their professional duties:
Conflict of Interest: Directors and officers must prioritize the interest of the Corporation above their own. Any actual or potential conflict of interest must be fully disclosed, and the concerned individual must abstain from the related decision-making process.
Confidentiality and Trading: All directors, officers, and key employees are duty-bound to observe the confidentiality of material, non-public information. They are strictly prohibited from using or disclosing such information without Board authority and must comply with the Corporation’s Trading Policy.
Independent Judgment: The Board encourages a culture where independent views are given due consideration, and directors are expected to view every situation objectively.
Proactive Ethics and Anti-Corruption Measures Rockwell Land employs proactive safeguards to prevent unethical practices and promote a transparent corporate culture:
Anti-Corruption Programs: The Board adopts an anti-corruption policy and program within its Code of Conduct. This program is disseminated through regular employee training to ensure it is deeply embedded in the corporate culture.
Whistleblowing Framework: A suitable framework is established to allow employees to freely communicate concerns regarding illegal or unethical practices without fear of retaliation. This framework provides direct access to an independent Board member or a dedicated unit for handling such concerns.
Audit Oversight: The Internal Auditor is tasked with facilitating anti-corruption programs and implementing the Whistleblower Policy. The internal audit function focuses on reviewing the effectiveness of governance in promoting the right values and ethics.
Accountability and Enforcement: To ensure the strict observance of these standards, the Board is empowered to take appropriate actions against any individual who violates the provisions of the Manual on Corporate Governance. Depending on the gravity and frequency of the offense, penalties may include censure, suspension, or removal from office. Furthermore, a serious violation of the Manual’s material provisions by a member of the Board is considered sufficient cause for removal from directorship.
Rockwell Land’s Code of Business Conduct and Ethics is embedded in the Company’s Corporate Governance Manual, specifically in Sections 2, 11, 15, 16, and 23. For more detailed information, please refer to Rockwell Land’s Corporate Governance Manual.
Conflict of Interest Policy
Rockwell Land Corporation maintains a rigorous framework for managing conflicts of interest, viewing it as a critical component of its fiduciary duty to stockholders and stakeholders. The Corporation’s policies ensure that all business decisions are made with objectivity and integrity, prioritizing the interests of the organization above personal gain.
Core Principles and Fiduciary Duty
The primary obligation of every director and officer is to always place the interest of the Corporation above personal interest. They are strictly prohibited from deriving any personal profits or advantages by reason of their positions, with the exception of standard salaries and employment benefits. This duty of loyalty requires directors to act in good faith and avoid any situations where their personal interests might clash with their responsibilities to the Corporation.
Disclosure and Abstention Protocols
To maintain transparency, the Corporation has established clear protocols for when a potential conflict arises: ● Mandatory Disclosure: Any director or officer facing an actual or potential conflict of interest must provide full disclosure of the matter. ● Non-Participation: Once a conflict is identified, the concerned individual is prohibited from participating in the decision-making process or taking part in the deliberations regarding that specific transaction. ● Business Interest Reporting: A director’s refusal to fully disclose the extent of their business interests as required by law is considered a ground for temporary disqualification from the Board.
Prohibitions on Competitive and Adverse Interests
The Corporation’s governance manual specifically addresses several scenarios that represent a breach of ethical conduct: ● Corporate Opportunities: Directors are prohibited from acquiring business opportunities for themselves that should rightfully belong to the Corporation. Any profits derived from such opportunities must be accounted for and returned to the Corporation, unless the act is ratified by a two-thirds vote of the outstanding capital stock. ● Adverse Interests: Directors and officers may not acquire any interest adverse to the Corporation regarding matters reposed in them in confidence. ● Competing Businesses: Involvement in businesses that are competing or antagonistic to the Corporation is a recognized ground for disqualification from a directorship.
Oversight and Transparency Mechanisms
Rockwell Land Corporation utilizes specialized committees and disclosure requirements to monitor and mitigate conflict-related risks: ● Related Party Transaction (RPT) Committee:This committee evaluates material transactions with related parties to ensure they are conducted at arm’s length and that no corporate resources are misappropriated. It also ensures that policies on conflicts of interest are clearly disclosed to regulators. ● Audit Committee Oversight: The Audit Committee is tasked with ensuring the independence of the external auditor by disallowing any non-audit work that would create a conflict of interest with their primary audit duties. ● Transparency of Share Dealings: All directors and officers are required to report any dealings in the Corporation’s shares within three business days to ensure full transparency regarding their financial stakes. ● Board Evaluations: The Board commits to fully disclosing the qualifications and experiences of its members to allow for a comprehensive assessment of any potential conflicts that might affect their professional judgment.
Rockwell Land’s Conflict of Interest Policy is embedded in the Company’s Corporate Governance Manual, specifically in Sections 2, 3, 5, 8, 10, 16, and 21. For more detailed information, please refer to Rockwell Land’s Corporate Governance Manual.
Insider Trading Policy
Rockwell Land Corporation maintains a strict regulatory framework regarding the handling of material, non-public information and the trading of its securities. These policies are designed to protect the integrity of the Corporation’s financial environment and ensure that all stakeholders are treated fairly by preventing the misuse of privileged information.
Duty of Confidentiality
A cornerstone of the Corporation’s policy is the strict mandate for directors, officers, and key employees to observe the confidentiality of material, inside, and non-public information acquired through their positions. Directors are specifically identified as fiduciaries who must keep such information secure and are prohibited from using or disclosing it to any unauthorized person without the express authority of the Board.
Compliance with Trading Policies
To ensure ethical conduct in the capital markets, all directors, officers, and key employees are required to strictly observe the policy against unauthorized use of material inside information for personal gain or for the benefit of third parties.
Transparency and Reporting Requirements
The Corporation enforces high standards of transparency through mandatory reporting protocols. The Board has established a policy requiring all directors and officers to disclose and report any dealings in the Corporation’s shares within three (3) business days of the transaction. This enables the Corporation to monitor trading activity and ensure that those with access to inside information are acting in accordance with governance standards.
Oversight and Enforcement
The Compliance Officer is responsible for identifying, monitoring, and controlling compliance with these governance matters, including the specific implementation of trading policies. To uphold these standards, the Board is empowered to impose penalties for non-compliance, which may include censure, suspension, or removal from office, depending on the gravity and frequency of the violation. A serious violation of these material provisions by a board member is considered sufficient cause for removal from directorship.
Rockwell Land’s Insider Trading Policy is embedded in the Company’s Corporate Governance Manual, specifically in Sections 1, 2, 3, 15 and 21, . For more detailed information, please refer to Rockwell Land’s Corporate Governance Manual.
Events and initiatives are held to uplift marginalized communities, reflecting our commitment to sustainable practices and creating long-term value for stakeholders.
Alay Pag-Asa Foundation
December 8, 2024
Alay Pag-Asa Foundation
December 8, 2024
Guided by its commitment to community care, Rockwell Land Corporation partnered with Alay Pag-asa Christian Foundation, Inc., during a feeding program supporting the children of the foundation. Volunteers shared meals, distributed school supplies, and spent time engaging with the children, creating a day that combined nourishment, learning, and meaningful interaction. Through this initiative, Rockwell reinforces its role in supporting community needs while creating opportunities for positive engagement.
ABS-CBN Foundation
December 11, 2024
ABS-CBN Foundation
December 11, 2024
In partnership with the ABS-CBN Foundation, Rockwell Land Corporation participated in a meaningful volunteer activity to support the Typhoon Relief Operations. The team contributed to the organized preparation of hygiene kits, food items, and clothing donations for families affected by recent calamities. Through this initiative, Rockwell continues to uphold its commitment to community care, dedicating time and effort to assist those in need and to help rebuild lives with compassion and solidarity.
Tahanan ng Pagmamahal
April 30, 2025
Tahanan ng Pagmamahal
April 30, 2025
In collaboration with Tahanan ng Pagmamahal, Rockwell Land Corporation organized a community outreach event aimed at enriching the lives of the children in their care. Rockwell provided nutritious meals, essential school supplies, and engaged in meaningful interactions with the children, promoting education and well-being. This effort reflects Rockwell’s ongoing dedication to community welfare and its proactive approach to supporting local initiatives.
Servathon
October 4, 2025
Servathon
October 4, 2025
Rockwell Land joined the annual Hands-On Manila Servathon, supporting the advocacy, “Nurture Children, Uplift Lives.” Employees prepared learning kits and assembled care packages for underserved children. The program concluded with thousands of kits ready for distribution, extending meaningful support to children across partner communities.
Understanding our risk policy and control systems helps investors see how we safeguard operations, maintain resilience, and protect long-term value.
01 Overall risk management philosophy of the company;
Section 7 of the Manual for Corporate Governance provides:
“The Risk Management Committee shall have the following powers and functions:
Oversee the formulation and establishment of an enterprise-wide risk management system.
Review, analyze and recommend the policy, framework, strategy, method and/or system of or used by the Corporation to manage risks, threats or liabilities.
Review and assess the likelihood and magnitude of the impact of material events on the Corporation and/or to recommend measures, responses or solutions to avoid or reduce risks or exposures.
Perform such other duties and functions and/or assume such responsibilities as may be delegated by the Board of Directors.”
02 Risk Policy
(a) Company
Give a general description of the company’s risk management policy, setting out and assessing the risk/s covered by the system (ranked according to priority), along with the objective behind the policy for each kind of risk:
Risk Exposure, Risk Management Policy, Objective
Regulatory Risk – Rockwell regularly monitors its exposures and compliance to laws and regulations to ensure the continuity of its operations To comply with all applicable laws and regulations
Business Interruption Risk – Rockwell continuously enhances its operations and support systems to reduce the likelihood of unscheduled interruptions and, in the case of actual interruptions, to reduce the impact to the company’s financial performance.To ensure continuity of services to its customers.
Interest Rate Risk – The Company’s policy is to manage its interest cost using a mix of fix and variable rate debts. To manage the exposure to floating interest rates in a cost-efficient manner.
Foreign Currency Risk – Rockwell monitors its exposures to foreign currency fluctuations. To manage and minimize the exposure to foreign currency risk.
Credit Risk – The Company trades only with recognized, creditworthy third parties. It is the Company’s policy that all customers who wish to trade on credit terms are subject to verification procedures. Default or delinquency on the part of the buyers of condominiums units or club shares are being monitored on an ongoing basis to enable the Company to determine the appropriate action – usually, cancelling the sale and holding the units and club shares open for sale. Lease receivables are closely monitored based on aging of the accounts. Accounts determined to be uncollectible are recommended for write-off. With regard to other financial assets of the Company, these are also monitored regularly with the result that the Company’s exposure to bad debts is significant.
Trade receivables from sale of condominium units are secured with pre-completed condominium units. The legal title and ownership of these units will only be transferred to customers upon full payment of the contract price. Receivables from lease are guaranteed by security deposits. For other receivables, since the Company trades only with recognized third parties, there is no requirement for collateral. To manage the credit exposures with its customers and/or other third parties
Risk to Minority Shareholders
Article I of the Corporate By-Laws provides: Section 5. Quorum – At all meetings of stockholders, annual or special, in order to constitute a quorum, there shall be present either in person or by proxy the holders of record of the majority of the stock issued and outstanding and entitled to vote of a greater proportion. In the absence of a quorum, the holders of record of the majority of the shares present and entitled to vote may adjourn the meeting from time to time until a quorum shall be present, and no notice of such adjourned meeting shall be required.
Section 6. Voting – Except as otherwise provided by law, each stockholder of record shall be entitled at every meeting of stockholders to one vote for each share of stock standing in his name on the stock and transfer books of the Corporation, which vote may be given personally or by power of attorney or proxy authorized in writing. The instrument authorizing a proxy to act shall be exhibited to the Secretary if so requested. In the election of Directors, each stockholder entitled to vote may cumulate and distribute his votes in accordance with the provisions of the Corporation Code.
03 Control System Set Up
(a) Company Briefly describe the control systems set up to assess, manage and control the main issue/s faced by the company: Risk Exposure, Risk Assessment (Monitoring and Measurement Process) Risk Management and Control (Structures, Procedures, Actions Taken)
1. Regulatory Risk Annual risk identification, evaluation, and monitoring
Regular monitoring of changes or updates to relevant laws and regulations
Close monitoring of the Company’s compliance to applicable legal and regulatory
Close coordination with regulatory agencies
2. Business Interruption Risk Annual risk identification, evaluation, and monitoring
Regular monitoring of operations
Regular repair and maintenance of key equipment, systems and processes
Regular review, revision and practice of Business Continuity Management plans
3. Interest Rate Risk Annual risk identification, evaluation, and monitoring
Regular monitoring of the interest rates
Identify, assess and enter into interest hedging, whenever necessary
4. Foreign Currency Risk Annual risk identification, evaluation, and monitoring
Regular monitoring of the foreign currency rates
Identify, assess and enter into derivative transactions, whenever necessary
5. Credit Risk Annual risk identification, evaluation, and monitoring
Regular review and analysis of customer financial and credit performances
Close coordination with customers to discuss emerging risks
6. Liquidity Risk Regular monitoring of available cash and credit facilities within maintained debt service ratio.Maintain enough cash sufficient to finance operations and obligations.
(b) Group Briefly describe the control systems set up to assess, manage and control the main issue/s faced by the company: Risk Exposure, Risk Assessment (Monitoring and Measurement Process)Risk Management and Control (Structures, Procedures, Actions Taken)
1. Regulatory Risk – Annual risk identification, evaluation, and monitoring
a. Regular review and analysis of customer financial and credit performances
b. Close monitoring of the Company’s compliance to applicable legal and regulatory
c. Close coordination with customers to discuss emerging risks
2. Business Interruption Risk – Annual risk identification, evaluation, and monitoring
d. Regular monitoring of operations
e. Regular repair and maintenance of key equipment, systems and processes
f. Regular review, revision and practice of Business Continuity Management plans
i. Regular monitoring of the foreign currency rates
j. Identify, assess and enter into derivative transactions, whenever necessary
5. Credit Risk – Annual risk identification, evaluation, and monitoring
k. Regular review and analysis of customer financial and credit performances
l.Close coordination with customers to discuss emerging risks
6. Liquidity Risk – Regular monitoring of available cash and credit facilities within maintained debt service ratio.Maintain enough cash sufficient to finance operations and obligations.
(c) Committee Identify the committee or any other body of corporate governance in charge of laying down and supervising these control mechanisms, and give details of its functions: Section 7 of the Manual on Corporate Governance states “The Board shall create a Risk Management Committee composed of at least three (3) members of the Board, or such other number as may be prescribed by the Board. The Chairman of the Board shall designate the Chairman of the Committee. Duties and Responsibilities The Risk Management Committee shall have the following powers and functions: a.Oversee the formulation and establishment of an enterprise-wide risk management system; b.Review, analyze and recommend the policy, framework, strategy, method and/or system of or used by the Corporation to manage risks, threats or liabilities; c.Review and assess the likelihood and magnitude of the impact of material events on the Corporation and/or to recommend measures, responses or solutions to avoid or reduce risks or exposures; and d.Perform such other duties and functions and/or assume such responsibilities as may be delegated by the Board of Directors.”
Frequently Asked Questions (FAQs) provide essential insights into our company’s risk management practices. Our management team consistently evaluates and updates the risks we encounter, ensuring transparency with the Board. The Risk Management Committee convenes regularly, to review our risk management framework and governance structure annually.
What is Rockwell Land’s Stock Trading Name?
Rockwell Land is listed on the Philippine Stock Exchange under the stock trading name ROCK.
When Did Rockwell Land List as a Public Company and at What Price?
Rockwell Land’s 6,228,382,244 common shares were introduced at a listing price of PHP 1.46 per common share on May 11, 2012.
Who Manages and Maintains Rockwell Land’s Developments?
All of Rockwell Land’s developments are kept well-managed by the Rockwell Property Management Corporation. Property Management Offices are located in each building, with building managers and a team constantly prepared to address residents concerns.
Who are Rockwell Land’s Clients?
Rockwell Land creates lifestyle, providing residences, office spaces, and leisure to the high-end and upper-mid market. Our office tenants in Rockwell Center and in the Rockwell Business Center in Ortigas, our commercial tenants and patrons of the Power Pl.
Under What Stock Exchange is Rockwell Land Corporation (ROCK) Listed?
Rockwell Land is listed under the Philippine Stock Exchange, under the stock symbol ROCK.
When were Rockwell Land’s Share Listed?
Rockwell Land’s shares were listed by way of introduction last May 11, 2012.
When is the Annual Stockholders’ Meeting Scheduled?
Pursuant to the by-laws of the company, the Annual Stockholders’ Meeting is scheduled every third Monday of May each year.
Who is Rockwell Land’s Stock Transfer Agent?
The stock transfer agent of Rockwell Land is Rizal Commercial Banking Corporation (RCBC) Stock Transfer, which can be viewed on the contact us link.
What are Rockwell’s investor relations program including its communications strategy to promote effective communication with its stockholders, other stakeholders and the public in general. Disclose the contact details (e.g. telephone, fax and email) of the officer responsible for investor relations.
Objectives: To provide fair, timely, accurate and reliable financial and related information to stakeholders.
Principles: The Company has an Investor Relations Officer that coordinates with various teams for different stakeholders.
Investors Relations Officer:Investor Relations are handled by the following cross functional teams: Corporate Communications for Media, Finance for Institutional Investors, and Legal and Stock Transfer Office for individual investors
What are the company’s rules and procedures governing the acquisition of corporate control in the capital markets, and extraordinary transactions such as mergers, and sales of substantial portions of corporate assets?
The Company seeks approval from its Board of Directors, the three which are independent directors. Whenever necessary, the Company appoints a third party for valuations. In instances where the law requires shareholder action, the same is presented to the shareholders for their approval during an annual or special meeting.
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