PSX Company Profiles
What listed companies do, how they make money, key financials and Shariah status, researched by the PSX Investors Zone team.
4 companies
Glass & Ceramics
Frontier Ceramics Limited
Frontier Ceramics Limited (PSX: FRCL) is a Pakistani manufacturer of ceramic wall and floor tiles and related products marketed under its Forte brand. Incorporated in July 1982, the company serves the domestic construction and building-materials market. It was included as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition effective 5 June 2026. For FY2026, net sales reached approximately Rs. 4.821 billion and profit after taxation was approximately Rs. 165.19 million, with earnings per share of Rs. 4.36. However, the annual results include a qualified audit opinion concerning recovery of a Rs. 750.84 million advance paid to the CEO for a proposed land purchase. PSX also displays a Risk Warning Alert concerning regulatory violations and possible suspension or delisting. Investors should assess these issues alongside the company's operating performance and current disclosures.
Glass & Ceramics
Ghani Glass Limited
Ghani Glass Limited (PSX: GHGL) is a Pakistani manufacturer of glass containers and float glass, serving pharmaceutical, food and beverage packaging, and industrial markets. Incorporated in 1992, the company operates from Lahore and is listed on the Pakistan Stock Exchange. For FY2026, it reported standalone sales of approximately Rs48.36 billion, profit after tax of Rs7.23 billion and EPS of Rs7.23, compared with Rs45.78 billion in sales and Rs5.90 billion in profit after tax in FY2025. The company was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition published in May 2026, using December 2025 data. However, the official PSX profile displays a Risk Warning Alert concerning continuous regulatory non-compliance and possible suspension or delisting. Investors should review the latest exchange notices, financial statements, dividend announcements and Shariah screening results before evaluating the shares.
Glass & Ceramics
Ghani Global Glass Limited
Ghani Global Glass Limited (PSX: GGGL) is a Pakistani manufacturer of pharmaceutical-grade glass tubing, glassware, vials and ampoules. Incorporated in 2007, the company commenced commercial operations in April 2016 and became listed on the Pakistan Stock Exchange following a merger in December 2014. It is part of Ghani Global Holdings Limited and serves pharmaceutical and related industrial markets. PSX-standardized standalone financial data reports FY2026 sales of Rs2.90 billion, profit after tax of Rs135.04 million and EPS of Rs0.57. Although the company remained profitable, earnings declined substantially from FY2025. GGGL was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index review effective June 5, 2026, based on December 2025 accounts. Investors should review subsequent financial statements, the company's financing and operating costs, and the latest Shariah screening results before evaluating the shares.
Glass & Ceramics
Ghani Value Glass Limited
Ghani Value Glass Limited (PSX: GVGL) is a Pakistani glass manufacturer incorporated in 1967 and headquartered in Lahore. The company manufactures and trades a range of glass products, including mirrors, tempered glass, laminated glass, bullet-resistant glass, printed and painted glass, and appliance glass. It operates within the Glass & Ceramics sector and is associated with the wider Ghani Group. For FY2026, the company reported net revenue of approximately Rs6.972 billion, up from Rs6.062 billion in FY2025. Profit after tax declined to Rs985.59 million from Rs1.085 billion, while earnings per share decreased from Rs7.23 to Rs6.57. The company attributed the decline in net profit to a higher income-tax burden despite improved revenue and gross profit. GVGL was classified as Shariah-compliant in the PSX KMI All Share screening published on May 29, 2026, based on financial statements through December 2025. The screening reported debt, non-compliant investment, and non-compliant income ratios of 0.00%. These ratios belong to that specific review period and should not be presented as FY2026 screening results. For FY2026, the board recommended a final cash dividend of Rs1.00 per share in addition to a 10% interim dividend already paid. The final dividend was scheduled for shareholder consideration at the October 28, 2026 AGM; its approval and payment must be verified through subsequent official announcements. Sources: [PSX company profile](https://dps.psx.com.pk/company/GVGL) | [Company investor relations](https://ghanivalueglass.com/investor-relations/) | [PSX KMI screening](https://dps.psx.com.pk/download/attachment/277899-1.pdf)