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Smart Money

Comparison

Frontier Ceramics Limited vs Ghani Glass Limited

In their latest annual results FRCL reported revenue of Rs 4.8 bn (FY2026) and GHGL Rs 48.4 bn (FY2026). FRCL trades at 19.8× earnings and GHGL at 5.4×. Dividend yields: FRCL 0.0%, GHGL 8.9%.

FRCL and GHGL compared
Latest FRCL FY2026 GHGL FY2026
Price Rs 86.31 Rs 39.22
Market value — Rs 39.2 bn
P/E 19.8× 5.4× (stronger)
P/B — 0.93×
Dividend yield 0.0% 8.9% (stronger)
Revenue (latest year) Rs 4.8 bn Rs 48.4 bn
Revenue growth, year on year 9.8% (stronger) 5.6%
Revenue growth, 5 years a year 11.2% 17.6% (stronger)
Profit (latest year) — Rs 7.2 bn
EPS (latest year) Rs 4.36 Rs 7.23
Dividend per share — Rs 3.50
Net margin — 14.9%
Return on equity — 17.8%
Debt to equity — 0.1%
Current ratio 0.84× 2.61× (stronger)
Dividend streak (years) 0 8 (stronger)

Highlighted: the higher figure where higher is usually stronger (growth, margins, returns, yield) or the lower where lower is (P/E, P/B, debt). A highlight is a comparison, not a recommendation.

Revenue by fiscal year FRCL GHGL
Revenue by fiscal year Rs 48 bn FRCL FY2017: Rs 426.9 mn GHGL FY2017: Rs 13.2 bn FY2017 FRCL FY2018: Rs 665.0 mn GHGL FY2018: Rs 14.4 bn FY2018 FRCL FY2019: Rs 781.8 mn GHGL FY2019: Rs 17.2 bn FY2019 FRCL FY2020: Rs 1.1 bn GHGL FY2020: Rs 17.1 bn FY2020 FRCL FY2021: Rs 2.8 bn GHGL FY2021: Rs 21.5 bn FY2021 FRCL FY2022: Rs 3.8 bn GHGL FY2022: Rs 30.8 bn FY2022 FRCL FY2023: Rs 4.1 bn GHGL FY2023: Rs 40.7 bn FY2023 FRCL FY2024: Rs 3.4 bn GHGL FY2024: Rs 47.8 bn FY2024 FRCL FY2025: Rs 4.4 bn GHGL FY2025: Rs 45.8 bn FY2025 FRCL FY2026: Rs 4.8 bn GHGL FY2026: Rs 48.4 bn FY2026
Profit by fiscal year FRCL GHGL
Profit by fiscal year Rs 8 bn -Rs 153 mn FRCL FY2017: Rs 4.7 mn GHGL FY2017: Rs 2.3 bn FY2017 FRCL FY2018: Rs 39.4 mn GHGL FY2018: Rs 2.9 bn FY2018 FRCL FY2019: -Rs 88.5 mn GHGL FY2019: Rs 3.1 bn FY2019 FRCL FY2020: Rs 43.9 mn GHGL FY2020: Rs 1.5 bn FY2020 FRCL FY2021: Rs 100.7 mn GHGL FY2021: Rs 3.2 bn FY2021 FRCL FY2022: Rs 38.5 mn GHGL FY2022: Rs 6.0 bn FY2022 FRCL FY2023: -Rs 153.5 mn GHGL FY2023: Rs 8.1 bn FY2023 FRCL FY2024: -Rs 109.9 mn GHGL FY2024: Rs 6.8 bn FY2024 FRCL FY2025: Rs 147.5 mn GHGL FY2025: Rs 5.9 bn FY2025 GHGL FY2026: Rs 7.2 bn FY2026

Prices at the latest close; financial figures from each company's latest annual report. Information only, not investment advice.