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Ghani Glass Limited GHGL

Market open

Rs 40.86

-0.15 (-0.37%)

Vol32,016Updated12:2619 Aug 2026

01At a Glance

The headline take on GHGL — valuation, income, returns, and efficiency

Consolidated snapshot

Ghani Glass Limited (GHGL) is a Glass & Ceramics company listed on the Pakistan Stock Exchange. As of 19 Aug 2026, GHGL last traded at Rs 40.86 (-0.37% on the day) with a market cap of Rs 41.00B and a free float of 35.0%. Over the last 12 months the stock has returned -3.8%. Cash dividends declared over the trailing 12 months total Rs 4.00/share (yield 9.8%). The stock trades at a P/E of 7.0x. A member of the KSE-100 index.

Prices through 19 Aug 2026 · FY data through FY25 · Quarterly through Mar-26

7.0x
Rs 5.90
1Y Return
-3.8%
Rs 41.00B

02Price & Performance

Closing prices across timeframes, returns, and range context

GHGL — Price History

Daily closing series · toggle period below

1M Return+5.7%
3M Return+12.9%
6M Return+13.4%
1Y Return-3.8%
Day's Range0% of range
Rs 40.86
LowRs 40.90
HighRs 41.75
52-Week Range53% of range
Rs 40.86
LowRs 27.78
HighRs 52.25

03Key Metrics

Valuation, profitability, structure, and risk in one grid

7.0xTrailing annual EPS
Rs 5.90Latest annual · basic
1.05xBook Rs 38.91
9.75%Rs 4.00/sh trailing 12m
1.04Higher than market
Rs 41.00BMid cap
35.0%350M shares
0.11Low leverage
16.2%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

GHGL has paid Rs 4.00 per share in cash dividends over the trailing 12 months — a 9.8% yield at the last close. Its most recent payout was Rs 1.00/share, announced 01 Jul 2026 with book closure from 04 Jul 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 1.00
Trailing Yield
9.75%
Payout Ratio
Announced
01 Jul 2026

Dividend Per Share Trend

2021
Rs 7.98
2022
Rs 2.10
2023
Rs 1.84
2024
Rs 1.00
2025
Rs 1.50

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
01 Jul 2026CashRs 1.00(10%)04 Jul 2026 – 07 Jul 2026
25 Feb 202631 Dec 2025 (HYR)CashRs 1.00(10%)11 Mar 2025 – 13 Mar 2025
28 Oct 202530 Sept 2025 (IQ)CashRs 0.50(5%)11 Nov 2025
30 Sept 202530 Jun 2025 (YR)CashRs 1.50(15%)22 Oct 2025 – 28 Oct 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

GHGL's market capitalisation stands at Rs 41.00B as of 18 Aug 2026 down 4.0% over the past 12 months (from Rs 42.70B).

Financial Statements

How GHGL's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue12,68312,3499,99212,32511,50012,8869,07311,930
Cost of Sales8,8538,6057,8819,1968,2459,1016,7677,735
Gross Profit3,8293,7442,1113,1293,2553,7842,3064,195
Administrative Expenses638638561699438680528714
Operating Profit2,5362,3889531,7061,9922,3581,0892,188
EBITDA3,0802,8521,4662,1892,4382,8281,5412,666
Other Income6496771175776770
Financial Charges791920262041128
Profit Before Tax2,4372,4911,0621,9752,0622,2911,1502,162
Taxation147797355457417480222339
Profit After Tax2,2901,6947061,5171,6451,8119281,824
EPS - Basic (Rs)Rs 2.29Rs 1.69Rs 0.71Rs 1.51Rs 1.65Rs 1.81Rs 0.93Rs 1.83

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Net profit margin18.1%
Gross profit margin30.2%
EBITDA margin24.3%
EBIT margin20.0%

Net profit margin

Net profit ÷ revenue · %

0.0%4.5%9.0%13.5%18.1%15.3%Jun-24Sep-24Dec-24Mar-25Jun-25Sep-2513.7%Dec-2518.1%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio2.72
Quick ratio0.92
Cash ratio0.44
Asset turnover0.23x
Effective tax rate6.0%

Current ratio

Current assets ÷ current liabilities

0.000.701.412.112.822.15Jun-24Sep-24Dec-24Mar-25Jun-25Sep-252.78Dec-252.72Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 41.00B

Rs 51.10BRs 35.98BRs 20.87BRs 5.76BAug 25Oct 25Dec 25Feb 26Apr 26Jun 26Rs 41.00B

Valuation & Capital Returns

What the market is paying for GHGL, and what it returns to shareholders

Latest · Mar-26

RatioValue
Price to earnings13.55x
Price to book0.77x
EV / EBITDA8.36x
Price to sales2.45x

Price to earnings

Period-end price ÷ EPS · times

0.00x16.08x32.16x48.24x64.32x14.24xJun-24Sep-24Dec-24Mar-25Jun-25Sep-2521.21xDec-2513.55xMar-26Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 41.15) is above the 30-day SMA (Rs 39.86). RSI at 56 sits in the neutral band.

As of18 Aug 2026

PeriodValuevs CurrentPosition
SMA 10Rs 41.15+0.71%Below
SMA 30Rs 39.86-2.44%Above
SMA 60Rs 38.53-5.70%Above
SMA 200Rs 36.07-11.72%Above
56Neutral
0 · Oversold305070100 · Overbought

At 56, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD0.72
  • Signal0.60
  • Histogram+0.12
R2Resistance 2
Rs 47.94
17.3%
R1Resistance 1
Rs 44.47
8.8%
NOWCurrent
Rs 40.86
S1Support 1
Rs 37.22
-8.9%
S2Support 2
Rs 33.44
-18.2%

07Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 20.87M
+0.30% MoMMargin financing
Rs 20.87M
+0.30% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for GHGL on the latest PSX DFC report.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %99.96%Most recent print
Average · 3M85.46%Mean over window
Change · 3M+30.26%First → last
Range · 3M48.5–100.0%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 18 Aug 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 35.0%Non-float · 65.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 10.00B
Total Shares1000M
350M
35.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Ghani Glass Limited was incorporated in Pakistan in 1992 as a limited liability company under the Companies Ordinance, 1984 (now Companies Act, 2017). The Company is engaged in the business of manufacturing and sale of glass containers and float glass.

KSE-100Shariah CompliantGlass & Ceramics

Corporate Information

  • RegistrarCorplink (Pvt) Ltd, Wings Arcade, 1-K Commercial Area, Model Town, Lahore
  • AuditorKPMG Taseer Hadi & Co Chartered Accountants.
  • Websitewww.ghaniglass.com
  • Address40-L Model Town Lahore, Pakistan.
  • SectorGlass & Ceramics
  • Financial Year EndJune

Key People

NameRole
IAImtiaz Ahmad Khan
CEO
ZGZaid Ghani
Chairperson
HMHafiz Mohammad Imran Sabir
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

12Peers in Glass & Ceramics

How the cohort is moving — same-sector stocks by market cap

GHGL vs Glass & Ceramics sector median

Median across 8 sector constituents · nulls excluded per metric

MetricGHGLSector median
7.0x7.0x
9.8%0.0%
16.2%13.6%
1-Year Return-3.8%-4.7%
Rs 41.00BRs 5.35B

13Frequently Asked Questions

The most common questions investors ask about GHGL

Frequently Asked Questions

GHGL is trading at Rs 40.86, down 0.37% on the day, within a 52-week range of Rs 27.78–52.25, from the 15-minute snapshot taken at 12:30 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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