Last close · 16 Oct 2026
Rs 50.23 -1.93%
Financials
Ghani Value Glass Limited (GVGL) financials
16 years of annual results (FY2011 – FY2026), 52 quarters.
Ghani Value Glass Limited (GVGL) reported revenue of Rs 7.0 bn for FY2026 (Jul 2025 – Jun 2026), up 17.8% from FY2025.
Profit attributable to shareholders was Rs 985.6 mn (EPS Rs 6.57), down 9.1%, a net margin of 14.1%.
It declared a dividend of Rs 2.00 per share for FY2026.
The balance sheet showed net cash of Rs 265.0 mn.
Return on equity was 20.4%.
Over the last five years revenue grew at a compound 22.2% a year.
At Rs 50.23 (close on 16 Oct 2026) the shares trade at 7.6× earnings (FY2026) and 1.43× book value, with a dividend yield of 4.0%.
Fundamentals
GVGL at a glance
Revenue · FY2026
Rs 7.0 bn
▲ 17.8% year on year
Profit attributable to shareholders · FY2026
Rs 985.6 mn
▼ 9.1% year on year
EPS – basic (Rs) · FY2026
Rs 6.57
▼ 9.1% year on year
Dividend per share (Rs) · FY2026
Rs 2.00
▼ 33.3% year on year
Net margin · FY2026
14.1%
-4.2 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 7.0 bn
- Profit attributable · FY2026
- Rs 985.6 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 7.0 bn
- Equity · FY2026
- Rs 5.3 bn
Financial highlights
GVGL 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 | 6,971.9 | 5,918.9 | 4,973.5 | 3,826.8 | 3,411.4 | 2,557.9 | 1,639.6 | 1,468.3 | 1,189.3 | 826.8 |
| Gross profit | 2,666.9 | 2,180.8 | 1,749.4 | 1,332.5 | 1,276.2 | 891.2 | 473.4 | 463.2 | 302.7 | 61.2 |
| Operating profit | 1,389.9 | 1,270.0 | 1,056.7 | 799.6 | 831.7 | 476.1 | 223.0 | 330.7 | 196.8 | (0.9) |
| Profit after tax | 985.6 | 1,084.6 | 898.0 | 515.3 | 755.9 | 589.5 | 230.2 | 350.1 | 169.9 | 20.3 |
| Profit attributable to shareholders | 985.6 | 1,084.6 | 898.0 | 515.3 | 755.9 | 589.5 | 230.2 | 350.1 | 169.9 | 20.3 |
| EPS – basic (Rs) Rs | 6.57 | 7.23 | 5.99 | 3.44 | 5.04 | 3.93 | 1.83 | 2.83 | 1.47 | 0.18 |
| Dividend per share (Rs) Rs | 2.00 | 3.00 | 0.00 | 1.03 | 1.72 | 2.58 | 1.90 | 2.12 | 0.91 | 0.00 |
| Total assets | 6,991.3 | 6,570.4 | 5,704.3 | 4,274.0 | 3,120.4 | 2,555.4 | 1,314.2 | 1,178.2 | 1,082.0 | 955.8 |
| Total equity | 5,251.1 | 4,415.5 | 3,780.6 | 2,446.8 | 2,086.2 | 1,974.7 | 951.0 | 838.8 | 675.9 | 504.9 |
| Net cash from operating activities | 516.4 | 792.7 | 702.5 | 783.7 | 788.3 | 638.2 | 278.2 | 271.0 | 62.0 | 82.3 |
| Capital expenditure | (175.3) | (505.1) | (494.1) | (688.3) | (676.8) | (254.2) | (67.6) | (46.7) | (43.6) | (58.9) |
| Free cash flow (operating cash flow − capex) | 341.1 | 287.6 | 208.4 | 95.5 | 111.5 | 384.0 | 210.6 | 224.3 | 18.3 | 23.4 |
| 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 | 6,971.9 | 1,960.8 | 1,816.4 | 1,780.4 | 1,414.3 | 1,398.7 | 1,699.5 | 1,738.9 | 1,081.7 |
| Gross profit | 2,666.9 | 861.1 | 743.5 | 614.5 | 447.7 | 505.6 | 608.0 | 704.7 | 362.5 |
| Operating profit | 1,389.9 | 312.7 | 462.7 | 354.2 | 260.3 | 277.4 | 358.3 | 457.1 | 177.3 |
| Profit after tax | 985.6 | 212.3 | 325.8 | 259.2 | 188.4 | 223.0 | 331.7 | 374.7 | 155.2 |
| Profit attributable to shareholders | 985.6 | 212.3 | 325.8 | 259.2 | 188.4 | 223.0 | 331.7 | 374.7 | 155.2 |
| EPS – basic (Rs) Rs | 6.57 | 1.41 | 2.17 | 1.73 | 1.26 | 1.48 | 2.21 | 2.50 | 1.04 |
| Dividend per share (Rs) Rs | 2.00 | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 |
| Total assets | 6,991.3 | 6,991.3 | 7,009.2 | 6,656.1 | 6,522.0 | 6,570.4 | 6,573.6 | 6,218.1 | 5,954.5 |
| Total equity | 5,251.1 | 5,251.1 | 5,038.8 | 4,713.0 | 4,603.8 | 4,415.5 | 4,342.4 | 4,160.6 | 3,935.8 |
| Net cash from operating activities | 516.4 | 146.2 | (29.5) | 456.2 | (56.4) | 385.9 | 135.7 | 219.9 | 51.3 |
| Capital expenditure | (186.8) | (41.4) | (54.3) | (69.9) | (21.1) | (318.9) | (74.1) | (46.1) | (66.0) |
| Free cash flow (operating cash flow − capex) | 329.7 | 104.7 | (83.8) | 386.3 | (77.5) | 67.0 | 61.7 | 173.7 | (14.8) |
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.