Last close · 15 Oct 2026
Rs 86.31 -2.79%
Financials
Frontier Ceramics Limited (FRCL) financials
20 years of annual results (FY2007 – FY2026), 75 quarters.
Frontier Ceramics Limited (FRCL) reported revenue of Rs 4.8 bn for FY2026 (Jul 2025 – Jun 2026), up 9.8% from FY2025.
The balance sheet showed net cash of Rs 61.6 mn.
Over the last five years revenue grew at a compound 11.2% a year.
At Rs 86.31 (close on 15 Oct 2026) the shares trade at 19.8× earnings (FY2026).
Fundamentals
FRCL at a glance
Revenue · FY2026
Rs 4.8 bn
▲ 9.8% year on year
EPS – basic (Rs) · FY2026
Rs 4.36
▲ 12.0% year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 4.8 bn
- Profit attributable · FY2026
- —
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 4.9 bn
- Equity · FY2026
- Rs 2.0 bn
Financial highlights
FRCL financial results
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 * Jul 2024 – Jun 2025 | FY2024 * Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 * Jul 2018 – Jun 2019 | FY2018 * Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,820.6 | 4,390.4 | 3,419.3 | 4,115.4 | 3,758.2 | 2,829.0 | 1,115.2 | 781.8 | 665.0 | 426.9 |
| Gross profit | 323.5 | 400.9 | 72.6 | 103.3 | 241.4 | 272.1 | 112.7 | 16.9 | 105.7 | 30.9 |
| Operating profit | 214.6 | 309.8 | 6.2 | (42.0) | 171.1 | 177.8 | 67.9 | (22.2) | 54.6 | 5.7 |
| Profit after tax | 165.2 | 147.5 | (109.9) | (153.5) | 38.5 | 100.7 | 43.9 | (88.5) | 39.4 | 4.7 |
| Profit attributable to shareholders | — | 147.5 | (109.9) | (153.5) | 38.5 | 100.7 | 43.9 | (88.5) | 39.4 | 4.7 |
| EPS – basic (Rs) Rs | 4.36 | 3.89 | (2.90) | (4.05) | 1.02 | 2.66 | 1.16 | (2.34) | 1.04 | 0.12 |
| Dividend per share (Rs) Rs | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 4,886.8 | 4,289.0 | 4,367.9 | 4,355.9 | 4,043.4 | 3,091.7 | 2,027.9 | 1,934.6 | 1,210.2 | 1,089.4 |
| Total equity | — | 1,922.5 | 1,775.0 | 1,602.1 | 1,755.6 | 1,682.0 | 1,170.9 | 1,127.1 | 697.1 | 655.5 |
| Total debt | 25.0 | 120.6 | 555.1 | 766.1 | 421.5 | 299.0 | 249.1 | 280.6 | 251.0 | 71.5 |
| Net cash from operating activities | 165.7 | 394.8 | 417.0 | (374.4) | 884.8 | 355.7 | 169.7 | 18.4 | 36.3 | 37.1 |
| Capital expenditure | 0.0 | — | 0.0 | (17.1) | (776.9) | (248.2) | (62.7) | (32.4) | (179.5) | (49.1) |
| Free cash flow (operating cash flow − capex) | 165.7 | — | 417.0 | (391.5) | 107.9 | 107.6 | 107.0 | (14.0) | (143.1) | (12.0) |
| Rs mn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,820.6 | 1,226.9 | 1,178.7 | 1,259.6 | 1,155.4 | 1,131.9 | 1,189.5 | 1,051.8 | 1,017.2 |
| Gross profit | 323.5 | 26.6 | 117.4 | 77.2 | 102.4 | 193.0 | 97.4 | 62.0 | 48.5 |
| Operating profit | 214.6 | (8.2) | 91.0 | 53.3 | 78.6 | 170.1 | 70.8 | 40.8 | 25.9 |
| Profit after tax | — | — | 89.5 | 51.8 | 44.3 | 65.4 | 39.4 | 34.9 | 5.5 |
| Profit attributable to shareholders | — | — | 89.5 | 51.8 | 44.3 | 65.4 | 39.4 | 34.9 | 5.5 |
| EPS – basic (Rs) Rs | — | — | 2.36 | 1.37 | 1.17 | 1.72 | 1.04 | 0.92 | 0.15 |
| Dividend per share (Rs) Rs | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 4,886.8 | 4,886.8 | 4,946.1 | 4,701.9 | 4,447.8 | 4,289.0 | 4,287.3 | 4,484.6 | 4,336.1 |
| Total equity | — | — | 2,108.2 | 2,018.7 | 1,966.8 | 1,922.5 | 1,857.1 | 1,815.4 | 1,780.5 |
| Total debt | 25.0 | 25.0 | 39.3 | 31.9 | 38.7 | 120.6 | 107.0 | 154.3 | 407.2 |
| Net cash from operating activities | 165.7 | (23.3) | 36.1 | 45.6 | 107.4 | (82.8) | (18.0) | 383.5 | 112.1 |
| Capital expenditure | — | — | — | — | 0.0 | — | 0.0 | — | 0.0 |
| Free cash flow (operating cash flow − capex) | — | — | — | — | 107.4 | — | (18.0) | — | 112.1 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.