FRCL logo

Frontier Ceramics Limited FRCL

Market closed

Rs 97.33

-7.31 (-6.99%)

Vol406Updated10:3029 Jul 2026

01At 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 29 Jul 2026, FRCL last traded at Rs 97.33 (-6.99% on the day) with a market cap of Rs 3.69B and a free float of 5.0%. Over the last 12 months the stock has returned +147.0%. The stock trades at a P/E of 25.0x.

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

25.0x
Rs 3.89
1Y Return
+147.0%
Rs 3.69B

02Price & Performance

Closing prices across timeframes, returns, and range context

FRCL — Price History

Daily closing series · toggle period below

1M Return+23.8%
3M Return+42.6%
6M Return+24.8%
1Y Return+147.0%
Day's Range1% of range
Rs 97.33
LowRs 97.25
HighRs 102.95
52-Week Range82% of range
Rs 97.33
LowRs 0.00
HighRs 118.45

03Key Metrics

Valuation, profitability, structure, and risk in one grid

25.0xTrailing annual EPS
Rs 3.89Latest annual · basic
1.92xBook Rs 50.75
No recent payout
0.12Lower than market
Rs 3.69BSmall cap
5.0%2M shares
0.00Low leverage
8.0%Latest annual
Rs 10Per share

04Dividend 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

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

FRCL's market capitalisation stands at Rs 3.69B as of 29 Jul 2026 up 156.1% over the past 12 months (from Rs 1.44B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue4,3903,4194,1153,7582,8291,115
Cost of Sales3,9903,3474,0123,5172,5331,003
Gross Profit40173103241296113
Administrative Expenses484760463428
Operating Profit338102818425172
EBITDA553237274390398188
Other Income63821543
Financial Charges29143111393237
Profit Before Tax287-99-13213720534
Taxation1391122984410
Profit After Tax147-110-1533916144
EPS - Basic (Rs)Rs 3.89Rs -2.90Rs -4.05Rs 1.02Rs 4.24Rs 1.16

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin3.3%
Gross profit margin9.1%
EBITDA margin12.6%
EBIT margin7.7%

Net profit margin

Net profit ÷ revenue · %

0.0%1.4%2.8%4.3%5.7%3.9%FY205.7%FY211.0%FY22-3.7%FY23-3.2%FY243.3%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Effective tax rate48.4%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%17.9%35.8%53.6%71.5%29.4%FY2021.5%FY2171.5%FY2248.4%FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 3.69B

Rs 4.36BRs 3.07BRs 1.78BRs 491.14MJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 3.69B

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to earnings20.60x
Price to sales0.69x

Price to earnings

Period-end price ÷ EPS · times

0.00x5.15x10.30x15.45x20.60x16.98xFY205.14xFY2120.57xFY2220.60xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 102.39) is above the 30-day SMA (Rs 94.95). RSI at 50 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 102.39+5.19%Below
SMA 30Rs 94.95-2.44%Above
SMA 60Rs 83.69-14.02%Above
SMA 200Rs 76.68-21.21%Above
50Neutral
0 · Oversold305070100 · Overbought

At 50, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD4.22
  • Signal5.90
  • Histogram-1.68
R2Resistance 2
Rs 130.38
34.0%
R1Resistance 1
Rs 113.85
17.0%
NOWCurrent
Rs 97.33
S1Support 1
Rs 85.40
-12.3%
S2Support 2
Rs 73.48
-24.5%

07Leverage Insights

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

Not MTS-eligible
Rs 2.66M
+5356.12% MoMMargin financing
Rs 2.66M
+5356.12% 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.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %97.33%Most recent print
Average · 3M87.29%Mean over window
Change · 3M-2.32%First → last
Range · 3M51.8–100.0%Low–high

Settlement % Trajectory

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

As of 16 Jul 2026

Price vs Settlement

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

09Share 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 Shares38M
2M
5.0%
Year EndJun
Enterprise Value

10About 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

11Recent Announcements

Latest company filings as reported on PSX

12Peers 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
25.0x7.2x
0.0%0.0%
8.0%13.6%
1-Year Return+147.0%-3.2%
Rs 3.69BRs 5.44B

13Frequently Asked Questions

The most common questions investors ask about FRCL

Frequently Asked Questions

FRCL closed at Rs 97.33 on 29 Jul 2026, down 6.99% on the day, within a 52-week range of Rs 0.00–118.45. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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