Lahore, September 16, 2026: Ghani Value Glass Limited (GVGL) has announced its financial results for the year ended June 30, 2026, reporting higher revenue and operating profit while declaring a final cash dividend of 10%.
According to the company’s notice to the Pakistan Stock Exchange, the Board of Directors recommended a 10% final cash dividend, in addition to the 10% interim cash dividend already paid during the year. The company did not recommend any bonus shares, right shares or other corporate action.
Revenue rises to Rs6.97 billion
Ghani Value Glass posted revenue from contracts with customers of Rs6.97 billion during FY2026, compared with Rs6.06 billion in the previous year.
The company’s gross profit increased to Rs2.67 billion, up from Rs2.32 billion in FY2025. Distribution costs, however, rose to Rs369.3 million from Rs247.8 million, while administrative expenses increased to Rs727.8 million from Rs637.4 million.
Despite the higher expenses, operating profit improved to Rs1.57 billion, compared with Rs1.44 billion a year earlier.
Profit after tax reaches Rs985.6 million
The company reported profit before income tax of Rs1.65 billion, compared with Rs1.45 billion in FY2025.
After taxation of Rs663.8 million, profit after tax stood at Rs985.6 million, compared with Rs1.08 billion in the previous year. Basic and diluted earnings per share (EPS) were Rs6.57, against Rs7.23 in FY2025.
The results indicate that while the company expanded its revenue and operating profit during the year, higher taxation and other expenses affected the bottom line.
Assets remain above Rs6.99 billion
As of June 30, 2026, Ghani Value Glass reported total assets of Rs6.99 billion, compared with Rs6.57 billion at the end of FY2025.
Current assets stood at approximately Rs3.87 billion, including stock in trade of Rs1.53 billion and trade receivables of Rs1.05 billion. Cash and bank balances increased significantly to Rs265.0 million, compared with Rs60.5 million a year earlier.
On the equity side, the company’s total share capital and reserves increased to approximately Rs5.25 billion, compared with Rs4.42 billion in FY2025. Unappropriated profits rose to nearly Rs2.80 billion from Rs1.96 billion.
Operating cash flow remains positive
Ghani Value Glass generated net cash from operating activities of Rs516.4 million during FY2026, compared with Rs792.7 million in the previous year.
The company invested Rs173.2 million in property, plant and equipment during the year. Net cash used in investing activities amounted to Rs162.4 million.
The company also paid Rs149.5 million in dividends during FY2026. Overall, cash and cash equivalents increased by Rs204.5 million during the year, reaching Rs265.0 million at June 30, 2026.
AGM scheduled for October 28
The company has announced that its Annual General Meeting (AGM) will be held on October 28, 2026, in Lahore.
The share transfer books will remain closed from October 22 to October 28, 2026, both days inclusive. The company also stated that its annual audited financial statements for the year ended June 30, 2026, will be transmitted through PUCARS at least 21 days before the AGM.
Overall, Ghani Value Glass closed FY2026 with stronger revenue and operating profit, alongside a proposed total cash dividend of 20% for the year when the interim and final dividends are considered together. The financial statements also show an increase in total assets, reserves and year-end cash balances.