PGP Glass Ceylon PLC manufactures and sells glass containers, supplying packaging solutions to domestic and international customers. Its products serve a range of end users with a particular focus on the beverages sector.
GLAS shares are down 4.7% over the past year and last closed at Rs 55.30 on Sep 30, 2026.
Rs 55.30
-1.07%
Price history
-4.66%
Monthly seasonality
Monthly total returns by year and calendar month
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2026
+4.9
-2.6
-2.0
+3.6
-3.5
+2.9
-2.8
+2.0
-1.4
+0.0
+0.0
+0.0
2025
-0.3
+0.9
-0.6
+20.1
+18.9
+4.6
+3.5
+3.3
+4.5
+1.5
-1.7
-5.5
2024
-0.7
-5.8
+13.7
-2.7
-0.7
+2.1
-4.8
-3.6
+7.4
+2.4
-0.7
+18.0
2023
+7.4
+3.4
+28.7
+1.0
+2.6
+16.5
+8.2
+3.2
+3.8
-5.6
+1.2
+8.5
2022
+5.5
-17.7
-23.4
-17.4
+18.0
-11.0
+1.9
+27.1
+4.4
-4.2
-2.2
+1.5
2021
+6.3
-2.0
+12.1
+3.6
+2.6
+0.8
+18.5
-7.1
+6.1
+23.7
-5.8
+12.3
2020
+0.0
-6.5
-20.9
+0.0
+0.0
+2.8
+0.0
-2.7
+19.4
+62.8
+22.9
+10.5
2019
+0.0
-7.9
+0.0
-2.9
-2.9
+12.1
+5.4
+0.0
-7.7
+22.2
+0.0
+4.5
2018
+1.7
-1.7
+0.0
+3.4
-8.3
-14.5
+0.0
-4.3
-2.2
-4.5
-7.1
-2.6
2017
+0.0
+3.8
+1.8
+8.9
+0.0
+3.3
+0.0
-1.6
+3.2
+0.0
-6.3
-3.3
2016
-6.6
-7.0
-3.8
+15.7
-3.4
+0.0
-5.3
-1.9
+3.8
-1.8
+1.9
-3.6
2015
+26.5
-6.5
-1.7
+5.3
+6.7
-4.7
+3.3
+6.3
-4.5
-1.6
-1.6
-1.6
2014
+4.4
-17.0
-12.8
+8.8
+2.7
+2.6
-7.7
+11.1
+17.5
+0.0
+0.0
+4.3
2013
+3.3
+0.0
-1.6
+8.2
+1.5
-1.5
-9.1
-8.3
-5.5
-3.8
-12.0
+2.3
2012
+0.0
+0.0
+0.0
-1.6
-15.0
+0.0
+2.0
+1.9
+22.6
-7.7
-1.7
+1.7
Average
+3.8
-4.8
-0.7
+3.9
+1.4
+1.1
+0.9
+1.7
+4.8
+6.0
-0.9
+3.4
ASPI average
+3.1
-2.7
-4.7
+2.0
+0.2
+0.8
+3.1
+2.2
+3.2
-0.1
+1.0
+3.0
Median
+2.5
-4.2
-1.1
+3.6
+0.8
+2.1
+0.0
+0.0
+3.8
-0.8
-1.6
+2.0
% up
57%
21%
29%
71%
50%
60%
47%
47%
67%
36%
21%
64%
P/E
12.4
P/B
3.29
EPS
Rs 4.47
Div Yield
5.39%
Market Cap
Rs 52.5B
Beta
0.11
ROE
26.5%
Op Margin
28.2% (+2.2pp)
Fundamentals
Line
FY2026
FY2025
FY2024
FY2023
FY2022
FY2021
FY2020
FY2019
Revenue
Rs 19.3B
-0.9%
Rs 19.5B
+9.6%
Rs 17.8B
-11.2%
Rs 20.1B
+96.2%
Rs 10.2B
+19.9%
Rs 8.5B
+13.3%
Rs 7.5B
+1.8%
Rs 7.4B
+8.6%
Operating profit
Rs 4.8B
-6.4%
Rs 5.2B
+31.3%
Rs 3.9B
-8.3%
Rs 4.3B
+72.0%
Rs 2.5B
+70.9%
Rs 1.5B
+68.6%
Rs 866.0M
+2.4%
Rs 845.8M
-2.7%
Net profit
Rs 4.0B
-2.7%
Rs 4.2B
+41.5%
Rs 2.9B
-7.6%
Rs 3.2B
+66.1%
Rs 1.9B
+74.7%
Rs 1.1B
+181.7%
Rs 389.0M
+12.3%
Rs 346.4M
+0.7%
EPS
4.26
-2.7%
4.38
+41.8%
3.09
-7.8%
3.35
+65.8%
2.02
+75.7%
1.15
+180.5%
0.41
+13.9%
0.36
+0.0%
Compared with the same period a year earlier.
Parent company only. Subsidiaries are not included.
Per-share figures are as reported, not adjusted for splits.
PGP Glass Ceylon PLC manufactures and sells glass containers, supplying packaging solutions to domestic and international customers. Its products serve a range of end users with a particular focus on the beverages sector.
The company serves the Sri Lankan market and exports to established geographies, including increased premium exports to the United States, positioning exports as a key growth driver. Domestic demand from the beverages and alco-beverage segments is identified as a core end-user market.
Operations include backward integration initiatives such as a raw material crushing plant commissioned at Horana to support production. The business pursues cost efficiencies and export-led growth while managing domestic market variability.
AI analysis
bullish
Margins widened again in the June quarter and profits accelerated. Shares look reasonably priced but have stalled, making delivery on export growth the swing factor.
Colombo Stock Exchange indices were trading higher midday, the ASPI up 0.36% (76.41 pts) at 21,205.62 and the S&P SL20 up 0.38% at 5,962.29; market turnover was Rs 314 million, with banks leading at Rs 122.7 million. Asia Asset Finance said 41,398,511 preference shares will be deemed converted into 53,348,596 ordinary shares at Rs 7.76 each effective Aug 10 (pref shares trade ends Aug 6; ordinary shares from Sep 16).
Colombo Stock Exchange midday: ASPI rose 0.56% to 21,306.64, led by gains in Colombo Dockyard, Dialog Axiata, Melstacorp, PGP Glass, Commercial Bank and Kelani Cables while Vidullanka fell. R I L Property disclosed public shareholding is 46.1071% after prior miscalculations.
Colombo Stock Exchange ASPI rose 0.57% (up 120.83 pts) to 21,293.57 at midday, with market turnover LKR 264 million and capital goods leading turnover at LKR 80.9 million. Ceylon Cold Stores reported June-quarter profit of LKR 1.063 billion, down 3% year-on-year.
Colombo Stock Exchange closed down as the ASPI fell 0.19% (43.18 points) to 22,178.73 on turnover of Rs.1.54 billion. Asia Asset Finance announced GM and rights timetable and Associated Motor Finance said its merger with L B Finance will become effective by 31 July 2026.
Colombo Stock Exchange slid, ASPI down 1.68% (366.31 points) to 21,377.82 at midday. Vallibel One released its annual report showing profit of 13,164,778 rupees (prev. 11,760,829) and its shares were trading down 0.41% at Rs.96.00.
Colombo Stock Exchange closed up 1.13% as the ASPI rose 258.09 points to 22,997 with turnover of Rs 5.28 billion and materials leading turnover (Rs 1.38bn). SMB Finance announced CEO Supul Chamikara Wijesinghe will resign effective June 3.
Colombo Stock Exchange closed marginally down as the ASPI fell 0.12% to 21,066.18 after an intra-day dip below 21,000, with turnover ~Rs.3.6bn and foreign net outflows of Rs.125m. Sampath, NDB, Hayleys, ACL Cables and PGP Glass were cited as top negative contributors and the ASPI was down 11.24% for March.
The EPF recorded an unrealized profit of Rs.73.97 billion on its Colombo Stock Exchange holdings as of June 30, 2025, with its Rs.85.88 billion invested across 64 listed companies rising to a market value of Rs.159.85 billion.
Manufacturing sector: what is happening
Last 14 days to Sep 30, 2026
Manufacturing export conditions weakened in August as apparel, tea and coconut-based product shipments fell, although merchandise exports remained higher over January-August. Exporters also reported certification delays, cost pressures and cheaper imported rubber undermining local value addition. Oil-price swings added uncertainty to energy and transport inputs, while industry proposals continued to stress higher-value agrifood processing, traceability and mechanisation.