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TGL

REDUCE

Tariq Glass Industries

Glass & Ceramics · 0.15% of the KSE-100

Price

Rs 236.20

Market cap

Rs 10.9bn

12-month return

-8.1%

Rank

71 of 101

45composite

Rule-based49

ML ranker38

Conviction49

Why the engine ranks it here

Tariq Glass Industries (TGL) screens poorly against the rest of the KSE-100, ranking 71 of 101 on a composite score of 45/100.

Tariq Glass Industries sits in the Glass & Ceramics sector and scores best on growth (56/100), weakest on price trend (29/100). At PKR 236.20 the shares trade on a P/E of 1.9x, 0.27x book, a 15.0% dividend yield. The Piotroski F-Score is 9 of 9 (very strong) and the Altman Z''-Score is 6.75 (financially sound).

What it does well

TGL grew earnings 500.0% year on year.

Growth

TGL carries modest debt at 0.47x of equity.

Balance-sheet strength

TGL funds 41.3% of assets with equity.

Balance-sheet strength

What holds it back

TGL trades -25.6% relative to its 200-day average.

Price trend

TGL has lagged the KSE-100 by -41.3% over six months.

Price trend

TGL is volatile at 39.4% annualised.

Price trend

What would change this view

→ the price reclaiming its 200-day average on rising volume

Five-pillar breakdown

Each pillar scores the company against sector peers, where 50 is the sector average.

Profitability & earnings quality30% weight54

Valuation25% weight45

Balance-sheet strength20% weight51

Growth15% weight56

Price trend10% weight29

The classic screens

Piotroski tests nine accounting facts about improvement; Altman scores the distance from financial distress.

Piotroski F-Score

9 / 9

very strong · 9 of 9 tests passed

Altman Z''-Score

6.75

safe zone · safe above 5.85

Profitable on assets

ROA 6.1%

Cash generative

CFO PKR 8,166m

Returns improving

ROA 6.1% vs -0.4% a year ago

Earnings backed by cash

CFO PKR 8,166m vs profit PKR 5,748m

Deleveraging

debt/assets 0.19 vs 0.23

Liquidity improving

current ratio 1.48 vs 1.38

Margin expanding

gross margin 26.6% vs 16.1%

Assets working harder

asset turnover 1.45x vs 1.42x

No shareholder dilution

46m shares vs 46m

Altman components

Working capital / assets0.121

Retained earnings / assets0.384

Operating profit / assets0.106

Equity / liabilities0.705

Sales / assets1.404

Price history

Weekly closes. Beta 1.09 against the index, annualised volatility 39%, RSI 47.

+927.4% over this window

Reported accounts

The last twelve quarters as filed, in PKR millions. The publication date is what the engine uses to decide when a figure became knowable.

Quarter	Revenue	Gross profit	Operating	Net income	EPS	Filed
2025 Q4	Rs 34.0bn	Rs 11.3bn	Rs 3.5bn	Rs 2.2bn	47.25	2026-04-30
2025 Q3	Rs 35.4bn	Rs 11.3bn	Rs 3.4bn	Rs 2.1bn	46.12	2025-11-14
2025 Q2	Rs 35.7bn	Rs 11.8bn	Rs 3.6bn	Rs 2.2bn	48.47	2025-08-14
2025 Q1	Rs 33.5bn	Rs 7.8bn	Rs 2.1bn	Rs 1.1bn	23.38	2025-05-15
2024 Q4	Rs 30.5bn	Rs 5.2bn	Rs 1.1bn	Rs 321m	6.99	2025-04-30
2024 Q3	Rs 31.5bn	Rs 10.4bn	Rs 3.2bn	Rs 1.6bn	35.54	2024-11-14
2024 Q2	Rs 34.4bn	Rs 4.8bn	Rs 845m	Rs -237m	-5.15	2024-08-14
2024 Q1	Rs 34.9bn	Rs 4.2bn	Rs 570m	Rs -482m	-10.48	2024-05-15
2023 Q4	Rs 33.0bn	Rs 2.1bn	Rs -227m	Rs -1.3bn	-27.27	2024-04-29
2023 Q3	Rs 38.5bn	Rs 2.3bn	Rs -345m	Rs -1.3bn	-28.74	2023-11-14
2023 Q2	Rs 41.8bn	Rs 10.0bn	Rs 2.7bn	Rs 1.1bn	24.71	2023-08-14
2023 Q1	Rs 40.1bn	Rs 5.7bn	Rs 1.0bn	Rs 47m	1.02	2023-05-15

Ranked against Glass & Ceramics

Every peer in the same sector, ordered by composite score. These are the companies whose ratios set this one's z-scores.

GHGLGhani Glass Limited2.9x63

TGLTariq Glass Industries1.9x45

Scored as of 31 December 2025. Generated by an automated screen for research and educational use. Not investment advice, and not a substitute for a SECP-licensed adviser.