Ghani Glass (KAR:GHGL) Retained Earnings: ₨28,016 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KAR:GHGL Ghani Glass Ltd KAR:GHGL
84 GF Score
Price ₨40.11
GF Value ₨32.77
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ghani Glass Retained Earnings?

Ghani Glass KAR:GHGL +0.25% 84 Retained Earnings is ₨28,016 Mil as of Mar. 2026. GuruFocus rates KAR:GHGL with a GF Score™ of 84/100 and a GF Value™ of ₨32.77 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ghani Glass's retained earnings for the quarter that ended in Mar. 2026 was ₨28,016 Mil.

Ghani Glass's quarterly retained earnings declined from Sep. 2025 (₨27,031 Mil) to Dec. 2025 (₨26,726 Mil) but then increased from Dec. 2025 (₨26,726 Mil) to Mar. 2026 (₨28,016 Mil).

Ghani Glass's annual retained earnings increased from Jun. 2023 (₨15,748 Mil) to Jun. 2024 (₨21,452 Mil) and increased from Jun. 2024 (₨21,452 Mil) to Jun. 2025 (₨26,336 Mil).


Ghani Glass  (KAR:GHGL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Ghani Glass Retained Earnings Historical Data

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The historical data trend for Ghani Glass's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ghani Glass Retained Earnings Chart

Ghani Glass Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,016.95 10,121.95 15,747.79 21,452.14 26,335.91

Ghani Glass Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24,837.27 26,335.91 27,030.78 26,725.52 28,015.72
KAR:GHGL
84GF Score
Ghani Glass Ltd KAR:GHGL
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghani Glass Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₨28,016 Mil mean?
Ghani Glass (KAR:GHGL) has a Retained Earnings of ₨28,016 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ghani Glass and its competitors.
Is Ghani Glass' Retained Earnings too high?
Ghani Glass' current Retained Earnings is ₨28,016 Mil. Overall, Ghani Glass has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghani Glass' Retained Earnings compare to SW and PKG?
Ghani Glass' Retained Earnings of ₨28,016 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Packaging & Containers company?
A good Retained Earnings depends on the Packaging & Containers industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ghani Glass and its competitors. Ghani Glass's current Retained Earnings is ₨28,016 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghani Glass stock overvalued right now?
Based on GuruFocus' analysis, Ghani Glass (KAR:GHGL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨32.77, compared to a current price of ₨40.11 — trading 22.4% above its estimated fair value. The current Retained Earnings is ₨28,016 Mil. Ghani Glass' overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Ghani Glass (KAR:GHGL), the current Retained Earnings is ₨28,016 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ghani Glass (KAR:GHGL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghani Glass stock appears to be overvalued. The current stock price of ₨40.11 is trading 22.4% above its estimated GF Value™ of ₨32.77. GuruFocus considers Ghani Glass to be Modestly Overvalued.

Key valuation signals for KAR:GHGL:

  • Retained Earnings: ₨28,016 Mil
  • GF Value™: ₨32.77 vs. price of ₨40.11 (22.4% above fair value)
  • GF Score™: 84/100 with 1 warning sign

No single metric tells the full story. See the KAR:GHGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ghani Glass Business Description

Address 40-L Model Town Extension, Ghani Complex, Lahore, PB, PAK
Ghani Glass Ltd is involved in manufacturing and selling float and container glass products in Pakistan. The company offers clear, green, brown, reflective, blue, grey, and figured glass products. It also provides amber and clear pharmaceutical glass containers, flint and green beverages glass containers, and clear food glass containers. Geographically, it derives a majority of its revenue from Pakistan.
84GF Score

Get the complete analysis for KAR:GHGL

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨40.11
Price
₨32.77
GF Value