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Tariq Glass Industries Limited TGL

Market closed

Rs 171.98

+1.54 (+0.90%)

Vol75,850Updated15:502 Nov 2026

At 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 02 Nov 2026, TGL last traded at Rs 171.98 (+0.90% on the day) with a market cap of Rs 29.34B and a free float of 40.0%. Over the last 12 months the stock has returned -30.7%. Cash dividends declared over the trailing 12 months total Rs 5.00/share (yield 2.9%). The stock trades at a P/E of 7.3x. A member of the KSE-100 index.

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

7.3x
Rs 23.31
1Y Return
-30.7%
Rs 29.34B

Price & Performance

Closing prices across timeframes, returns, and range context

TGL — Price History

Daily closing series · toggle period below

1M Return+9.1%
3M Return-9.7%
6M Return+1.7%
1Y Return-30.7%
Day's Range67% of range
Rs 171.98
LowRs 167.88
HighRs 174.00
52-Week Range37% of range
Rs 171.98
LowRs 128.00
HighRs 246.49

Key Metrics

Valuation, profitability, structure, and risk in one grid

7.3xTrailing annual EPS
Rs 23.31Latest annual · basic
1.32xBook Rs 130.22
2.93%Rs 5.00/sh trailing 12m
1.01Higher than market
Rs 29.34BMid cap
40.0%68.87M shares
5.12High leverage
23.3%Latest annual
Rs 10Per share

Dividend 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 2.9% 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
2.93%
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

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

TGL's market capitalisation stands at Rs 29.34B as of 30 Oct 2026 — down 29.0% over the past 12 months (from Rs 41.34B).

Financial Statements

How TGL's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue30,722.1133,561.9529,59928,42729,41619,103
Cost of Sales21,830.6423,147.2621,77222,69321,66714,988
Gross Profit8,891.4710,414.697,8275,7347,7494,115
Administrative Expenses644.42577.66526458363296
Operating Profit7,486.429,293.986,7544,8336,9753,500
EBITDA—10,4547,9206,0738,2224,086
Other Income229.61140.8533612811215
Financial Charges69.26395.86572508346313
Profit Before Tax6,667.958,025.146,7884,1186,2682,959
Taxation2,654.553,247.412,4141,5992,127849
Profit After Tax4,013.44,777.734,3742,5194,1412,109
EPS - Basic (Rs)Rs 23.31Rs 27.75Rs 25.41Rs 14.63Rs 24.05Rs 12.25

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin14.2%
Gross profit margin31.0%
EBITDA margin31.1%
EBIT margin27.7%

Net profit margin

Net profit ÷ revenue · %

0.0%3.7%7.4%11.1%14.8%11.0%FY2114.1%FY228.9%FY2314.8%FY2414.2%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio4.32
Quick ratio1.76
Cash ratio0.79
Asset turnover0.98x
Effective tax rate39.8%

Current ratio

Current assets ÷ current liabilities

0.001.082.163.244.323.29FY254.32FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 29.34B

Rs 41.34BRs 29.12BRs 16.89BRs 4.66BOct 25Dec 25Feb 26Apr 26Jul 26Sep 26Rs 29.34B

Valuation & Capital Returns

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

Latest · FY26

RatioValue
Price to earnings7.31x
Price to book1.09x
Price to sales0.96x

Price to earnings

Period-end price ÷ EPS · times

0.00x1.92x3.84x5.77x7.69x7.69xFY257.31xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 159.63) is above the 30-day SMA (Rs 158.98). RSI at 65 sits in the neutral band.

As of30 Oct 2026

PeriodValuevs CurrentPosition
SMA 10Rs 159.63-7.18%Above
SMA 30Rs 158.98-7.56%Above
SMA 60Rs 168.82-1.84%Above
SMA 200Rs 177.39+3.14%Below
65Neutral
0 · Oversold305070100 · Overbought

At 65, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD0.11
  • Signal-1.99
  • Histogram+2.10
R2Resistance 2
Rs 191.04
11.1%
R1Resistance 1
Rs 180.74
5.1%
NOWCurrent
Rs 171.98
S1Support 1
Rs 154.37
-10.2%
S2Support 2
Rs 138.30
-19.6%

Leverage Insights

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

—Not MTS-eligible
Rs 8.01M
Margin financing
Rs 8.01M
+9.60% 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.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %76.91%Most recent print
Average · 3M75.90%Mean over window
Change · 3M-20.63%First → last
Range · 3M18.4–96.9%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 · 40.0%Non-float · 60.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 1.72B
Total Shares172.17M
68.87M
40.0%
Year EndJun
Enterprise ValueRs 27.38B

About 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

Recent Announcements

Latest company filings as reported on PSX

Peers 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
7.3x7.3x
2.9%0.0%
23.3%13.6%
1-Year Return-30.7%-29.3%
Rs 29.34BRs 4.28B

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Frequently Asked Questions

The most common questions investors ask about TGL

TGL last traded at Rs 171.98, up 0.90% on the day, within a 52-week range of Rs 128.00–246.49. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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