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Frontier Ceramics Limited FRCL

Market closed

Rs 83.00

+1.81 (+2.23%)

Vol8,940Updated15:492 Nov 2026

At a Glance

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

Consolidated snapshot

Frontier Ceramics Limited (FRCL) is a Glass & Ceramics company listed on the Pakistan Stock Exchange. As of 02 Nov 2026, FRCL last traded at Rs 83.00 (+2.23% on the day) with a market cap of Rs 2.97B and a free float of 5.0%. Over the last 12 months the stock has returned +75.6%. The stock trades at a P/E of 18.0x.

Prices through 02 Nov 2026 · FY data through FY26 · Quarterly through Sep-26

18.0x
Rs 4.36
1Y Return
+75.6%
Rs 2.97B

Price & Performance

Closing prices across timeframes, returns, and range context

FRCL — Price History

Daily closing series · toggle period below

1M Return-9.8%
3M Return-15.0%
6M Return+20.3%
1Y Return+75.6%
Day's Range48% of range
Rs 83.00
LowRs 77.25
HighRs 89.31
52-Week Range51% of range
Rs 83.00
LowRs 46.50
HighRs 118.45

Key Metrics

Valuation, profitability, structure, and risk in one grid

18.0xTrailing annual EPS
Rs 4.36Latest annual · basic
1.64xBook Rs 50.75
—No recent payout
0.24Lower than market
Rs 2.97BSmall cap
5.0%1.89M shares
0.00Low leverage
8.0%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

Latest Payout

Per Share
—
Yield (last FY)
—
Payout Ratio
—
Announced
—

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 0.00
2023
Rs 0.00
2024
Rs 0.00
2025
Rs 0.00

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

FRCL's market capitalisation stands at Rs 2.97B as of 02 Nov 2026 — up 59.6% over the past 12 months (from Rs 1.86B).

Financial Statements

How FRCL's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue4,820.64,390.413,4194,1153,7582,829
Cost of Sales4,497.113,989.523,3474,0123,5172,533
Gross Profit323.49400.8973103241296
Administrative Expenses60.8348.4147604634
Operating Profit214.58309.811028184251
EBITDA—553237274390398
Other Income92.385.85382154
Financial Charges31.4629.11431113932
Profit Before Tax275.5286.56-99-132137205
Taxation110.31236.4211229844
Profit After Tax165.1950.14-110-15339161
EPS - Basic (Rs)Rs 4.36Rs 1.32Rs -2.90Rs -4.05Rs 1.02Rs 4.24

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin1.1%
Gross profit margin9.1%
EBITDA margin12.6%
EBIT margin7.1%

Net profit margin

Net profit ÷ revenue · %

0.0%1.4%2.8%4.3%5.7%5.7%FY211.0%FY22-3.7%FY23-3.2%FY241.1%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio0.84
Quick ratio0.04
Cash ratio0.04
Asset turnover0.99x
Effective tax rate40.0%

Current ratio

Current assets ÷ current liabilities

0.000.210.420.630.840.70FY250.84FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 2.97B

Rs 4.36BRs 3.07BRs 1.78BRs 491.14MOct 25Dec 25Feb 26Apr 26Jul 26Sep 26Rs 2.97B

Valuation & Capital Returns

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

Latest · FY26

RatioValue
Price to earnings18.00x
Price to book1.49x
Price to sales0.62x

Price to earnings

Period-end price ÷ EPS · times

0.00x15.18x30.35x45.53x60.70x60.70xFY2518.00xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 75.51) is below the 30-day SMA (Rs 80.77). RSI at 48 sits in the neutral band.

As of02 Nov 2026

PeriodValuevs CurrentPosition
SMA 10Rs 75.51-9.03%Above
SMA 30Rs 80.77-2.68%Above
SMA 60Rs 86.70+4.46%Below
SMA 200Rs 80.14-3.45%Above
48Neutral
0 · Oversold305070100 · Overbought

At 48, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-2.52
  • Signal-2.84
  • Histogram+0.32
R2Resistance 2
Rs 112.82
35.9%
R1Resistance 1
Rs 95.64
15.2%
NOWCurrent
Rs 83.00
S1Support 1
Rs 62.64
-24.5%
S2Support 2
Rs 46.82
-43.6%

Leverage Insights

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

—Not MTS-eligible
Rs 984.72K
Margin financing
Rs 984.72K
-36.73% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

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

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %44.39%Most recent print
Average · 3M90.58%Mean over window
Change · 3M-38.66%First → last
Range · 3M44.4–100.0%Low–high

Settlement % Trajectory

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

As of 30 Oct 2026

Price vs Settlement

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

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 5.0%Non-float · 95.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 378.74M
Total Shares37.87M
1.89M
5.0%
Year EndJun
Enterprise ValueRs 2.91B

About the Company

Business description, governance, and corporate information

Frontier Ceramics Limited was incorporated in July 1982 as Public Limited Company. The Principle activities of the company are manufacturing of ceramic tiles, sanitary wares and related cermic products.

Shariah CompliantGlass & Ceramics

Corporate Information

  • RegistrarCentral Depository Company of Pakistan Ltd CDC House, 99-B, Block B, S.M.C.H.S, Main Sharah-e-Faisal, Karachi.
  • AuditorM/S BDO Ebrahim & Co Chartered Accountants.
  • Websitewww.forte.com.pk
  • AddressToyota Rawal Motors Building, Swan Camp, Rawalpindi
  • SectorGlass & Ceramics
  • Financial Year EndJune

Key People

NameRole
NKNadeem Khalid
CEO
SAShabina Anjum
Chairperson
RKRehman Khan Sherwani
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Glass & Ceramics

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

FRCL vs Glass & Ceramics sector median

Median across 8 sector constituents · nulls excluded per metric

MetricFRCLSector median
18.0x7.4x
0.0%0.0%
8.0%13.6%
1-Year Return+75.6%-28.9%
Rs 2.97BRs 4.21B

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Frequently Asked Questions

The most common questions investors ask about FRCL

FRCL last traded at Rs 83.00, up 2.23% on the day, within a 52-week range of Rs 46.50–118.45. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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