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Tariq Glass Industries Limited TGL

Market open

Rs 181.00

+1.09 (+0.61%)

Vol58,745Updated13:5920 Aug 2026

01At a Glance

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

Consolidated snapshot

Tariq Glass Industries Limited (TGL) is a Glass & Ceramics company listed on the Pakistan Stock Exchange. As of 20 Aug 2026, TGL last traded at Rs 181.00 (+0.61% on the day) with a market cap of Rs 30.97B and a free float of 40.0%. Over the last 12 months the stock has returned -26.5%. Cash dividends declared over the trailing 12 months total Rs 5.00/share (yield 2.8%). The stock trades at a P/E of 6.5x. A member of the KSE-100 index.

Prices through 20 Aug 2026 · FY data through FY25 · Quarterly through Mar-26

6.5x
Rs 27.75
1Y Return
-26.5%
Rs 30.97B

02Price & Performance

Closing prices across timeframes, returns, and range context

TGL — Price History

Daily closing series · toggle period below

1M Return-4.8%
3M Return+11.7%
6M Return-16.0%
1Y Return-26.5%
Day's Range24% of range
Rs 181.00
LowRs 178.20
HighRs 190.10
52-Week Range32% of range
Rs 181.00
LowRs 128.00
HighRs 291.50

03Key Metrics

Valuation, profitability, structure, and risk in one grid

6.5xTrailing annual EPS
Rs 27.75Latest annual · basic
1.39xBook Rs 130.22
2.78%Rs 5.00/sh trailing 12m
1.01Higher than market
Rs 30.97BMid cap
40.0%69M shares
5.12High leverage
23.3%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

TGL has paid Rs 5.00 per share in cash dividends over the trailing 12 months — a 2.8% yield at the last close. Its most recent payout was Rs 5.00/share, announced 24 Feb 2026 with book closure from 06 Mar 2025. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 5.00
Trailing Yield
2.78%
Payout Ratio
Announced
24 Feb 2026

Dividend Per Share Trend

2021
Rs 9.60
2022
Rs 1.60
2023
Rs 6.00
2024
Rs 0.00
2025
Rs 8.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
24 Feb 202631 Dec 2025 (HYR)CashRs 5.00(50%)06 Mar 2025 – 09 Mar 2025
25 Apr 202531 Mar 2025 (IIIQ)CashRs 2.00(20%)09 May 2025 – 13 May 2025
21 Feb 202531 Dec 2024 (HYR)CashRs 2.00(20%)06 Mar 2025 – 10 Mar 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

TGL's market capitalisation stands at Rs 30.97B as of 19 Aug 2026 down 26.8% over the past 12 months (from Rs 42.34B).

Financial Statements

How TGL's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue8,2367,0327,4988,7308,3949,5506,8888,102
Cost of Sales5,8385,0565,7036,0085,7426,3515,0476,005
Gross Profit2,3981,9751,7952,7222,6523,1991,8412,097
Administrative Expenses144150130171141148118154
Operating Profit2,1061,6481,5152,4162,3892,9131,5761,800
EBITDA2,3861,9281,7922,7132,6833,2001,8582,096
Other Income55603628285430177
Financial Charges1218271876131170165
Profit Before Tax1,9391,5121,3542,1212,1322,5501,2211,565
Taxation835554469853889990516668
Profit After Tax1,1059588851,2681,2441,561705897
EPS - Basic (Rs)Rs 6.42Rs 5.56Rs 5.14Rs 7.37Rs 7.22Rs 9.06Rs 4.10Rs 5.21

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 margin13.4%
Gross profit margin29.1%
EBITDA margin29.0%
EBIT margin25.6%

Net profit margin

Net profit ÷ revenue · %

0.0%4.1%8.2%12.3%16.3%11.1%Jun-24Sep-24Dec-24Mar-25Jun-25Sep-2513.6%Dec-2513.4%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Dec-25

RatioValue
Current ratio4.63
Quick ratio1.85
Cash ratio0.76
Asset turnover0.25x
Effective tax rate36.6%

Current ratio

Current assets ÷ current liabilities

0.001.162.323.484.631.72Jun-24Sep-24Dec-24Mar-25Jun-254.08Sep-254.63Dec-25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 30.97B

Rs 49.52BRs 34.87BRs 20.23BRs 5.58BAug 25Oct 25Dec 25Feb 26Apr 26Jun 26Rs 30.97B

Valuation & Capital Returns

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

Latest · Dec-25

RatioValue
Price to earnings38.37x
Price to book1.51x
EV / EBITDA18.15x
Price to sales5.22x

Price to earnings

Period-end price ÷ EPS · times

0.00x12.50x24.99x37.49x49.99x34.08xJun-2549.99xSep-2538.37xDec-25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 189.67) is below the 30-day SMA (Rs 190.88). RSI at 38 sits in the neutral band.

As of19 Aug 2026

PeriodValuevs CurrentPosition
SMA 10Rs 189.67+4.79%Below
SMA 30Rs 190.88+5.46%Below
SMA 60Rs 188.00+3.87%Below
SMA 200Rs 187.72+3.71%Below
38Neutral
0 · Oversold305070100 · Overbought

At 38, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-1.14
  • Signal-0.03
  • Histogram-1.11
R2Resistance 2
Rs 206.14
13.9%
R1Resistance 1
Rs 193.03
6.6%
NOWCurrent
Rs 181.00
S1Support 1
Rs 172.40
-4.8%
S2Support 2
Rs 164.88
-8.9%

07Leverage Insights

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

Not MTS-eligible
Rs 9.28M
+96.19% MoMMargin financing
Rs 9.28M
+96.19% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for TGL 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 %79.49%Most recent print
Average · 3M79.47%Mean over window
Change · 3M+3.58%First → last
Range · 3M41.4–96.9%Low–high

Settlement % Trajectory

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

As of 19 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 · 40.0%Non-float · 60.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 1.72B
Total Shares172M
69M
40.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Tariq Glass Industries Limited was incorporated in Pakistan in 1978 and converted into a Public Limited Company in the year 1980. The Company is principally engaged in manufacturing and sale of glass containers, opal glass, tableware and foat glass.

KSE-100Shariah CompliantGlass & Ceramics

Corporate Information

  • RegistrarSHEMAS INTERNATIONAL (PVT) LTD., 533 - Main Boulevard, Imperial Garden Block, Paragon City, Barki Road, Lahore
  • AuditorCrowe Hussain Chaudhury & Co. Chartered Accountants
  • Websitewww.tariqglass.com
  • Address128 J, Model Town Lahore.
  • SectorGlass & Ceramics
  • Financial Year EndJune

Key People

NameRole
OBOmer Baig
CEO
MIMansoor Irfani
Chairperson
MAMohsin Ali
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers in Glass & Ceramics

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

TGL vs Glass & Ceramics sector median

Median across 8 sector constituents · nulls excluded per metric

MetricTGLSector median
6.5x7.0x
2.8%0.0%
23.3%13.6%
1-Year Return-26.5%-5.9%
Rs 30.97BRs 5.29B

13Frequently Asked Questions

The most common questions investors ask about TGL

Frequently Asked Questions

TGL is trading at Rs 181.00, up 0.61% on the day, within a 52-week range of Rs 128.00–291.50, from the 15-minute snapshot taken at 14:00 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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