1. Saudi Arabia Stocks

  2. •

    Process industries

  3. •

    Containers/Packaging
National Co. for Glass Industries

National Co. for Glass Industries

TTADAWUL:2150
34.56
SAR
-1.50
(-4.16%)
3.39EPS
10.62P/E
1.19BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.41
3.33
3.46
3.36
3.68
3
2.28
2.23
2.64
3.41
4.68
4.22
3.91
4.1
Basic EPS, GAAP
1.5
2.05
1.5
0.72
2.05
0.93
-0.95
-0.34
1.55
3.17
1.46
2.94
2.54
3.39
Free Cash Flow per Basic Share
1.45
1.72
0.62
0.23
0.45
0.27
0.64
-0.33
-0.24
-0.02
0.89
-0.69
-1.2
-1.09
Dividend per Share
- -
- -
- -
- -
- -
- -
0.78
- -
- -
0.99
0.98
2
0.5
- -
Book Value per Share
19.69
20.56
19.08
18.5
19.46
19.83
18.25
17.94
19.46
21.02
21.93
22.93
24.97
26.23
Tangible Book Value per Share
19.69
20.56
19.08
18.5
19.46
19.83
18.25
17.94
19.46
21.02
21.93
22.93
24.89
26.15
Basic Weighted Avg Shares
30
30
30
30
32
33
33
33
33
33
33
33
33
33
Sales/Revenue/Turnover
102
100
104
101
117
99
75
73
87
112
154
139
129
135
Operating Margin (%)
24.12
24.35
35.51
12.78
7.28
15.96
-8.68
-19.84
-10.43
-9.37
12.02
9.33
-3.59
-6.02
Depreciation Expense
- -
- -
- -
- -
- -
- -
28
27
29
33
31
30
32
28
Net Income, GAAP
45
62
45
22
65
31
-31
-11
51
104
48
97
84
112
Effective Tax Rate (%)
- -
- -
- -
- -
5.22
11.2
- -
- -
7.22
2.55
9.94
3.13
3.97
3.11
Profit Margin (%)
44.04
61.49
43.42
21.49
55.78
31.06
-41.84
-15.05
58.8
92.89
31.11
69.7
65.07
82.67
Working Capital
79
127
62
18
28
28
-22
-23
-2
-19
54
73
69
66
LT Debt
- -
- -
- -
- -
78
53
33
7
31
2
6
21
28
40
Total Equity
591
617
572
555
640
653
601
590
640
692
722
754
822
863
Return on Invested Capital (%)
4.25
4.03
3.8
2.25
1.27
1.96
- -
- -
-1.73
-1.39
2.5
2.03
-0.2
-0.62
Return on Capital (%)
7.78
11.47
8.96
5.4
10.25
4.6
- -
- -
7.72
14.68
6.87
12.9
10.39
13.12
Return on Common Equity (%)
7.78
10.19
7.59
3.84
10.91
4.74
-5
-1.85
8.31
15.67
6.78
13.12
10.62
13.49

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
5
11
LT Borrowings
26
26
38
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
1,166
1,213
1,186

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
124
154
123
Cash, Cash Equivalents & STI
15
38
17
Accounts Receivable, Net
53
57
52
Inventories
40
40
37
Total Current Liabilities
56
84
57
Payables & Accruals
- -
- -
- -
ST Debt
4
5
11
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.89%
6.85%
8.92%
Free Cash Flow
-428.75%
-856.23%
73.95%
Net Income, GAAP
-59.56%
-84.91%
-13.6%
Sales/Revenue/Turnover
3.88%
13.53%
-7.46%
Total Cash Common Dividend
- -
208,608.63%
-75%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32
34
36
37
139
2025
34
31
40
23
129
2026
38
34
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
0.81
0.76
0.67
2.94
2025
0.55
0.61
0.66
0.73
2.54
2026
0.99
1.01
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.5
0.6
0.9
2
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Samir Mohammed Al-Ruhaili
Full Time Employees
300
Sector
Process industries
Industry
Containers/Packaging
Address
Building No 8317 Riyadh Riyadh Province Saudi Arabia 11672
IPO Date
Dec 7, 1999
Website
zoujaj-glass.com
Similar Companies
Segezha (MOEX:SGZH)
Amcor plc (NYSE:AMCR)
Duran Dogan Basim ve Ambalaj Sanayi A.S. (BIST:DURDO)
Isiklar Enerji ve Yapi Holding Anonim Sirketi (BIST:IEYHO)
PT Abadi Nusantara Hijau Investama Tbk (IDX:PACK)
UFlex Limited (NSE:UFLEX)
Business
The National Company for Glass Industries SJSC (ZOUJAJ; ticker: 2150.SR) manufactures and sells returnable and non-returnable glass bottles, containers, jars, and float glass for the food, beverage, and packaging industries. The company offers generic glass packaging, plain bottles, wide-mouthed jars in various shapes, sizes, and colors including flint and green varieties, as well as custom products; it also operates sand and gravel mines with crushers to supply raw materials and produces requirements for the glass industry including gases. ZOUJAJ maintains two principal factories in Riyadh and Dammam, Saudi Arabia, with an annual production capacity exceeding 135,000 metric tons of glass containers, serving local producers and major international brands. Founded in 1990 and headquartered in Riyadh's Second Industrial City, the company focuses on sustainable glass manufacturing, recycling, and reuse, positioning glass as an environmentally superior packaging material. ZOUJAJ holds stakes in subsidiaries and affiliates such as Guardian International Glass Company, Saudi International Glass Company, Guardian International Float Glass Company (in Jubail), and Saudi National Lamps & Electrical Company, including a joint venture with Guardian Glass (USA) branded as Guardian ZOUJAJ International Float Glass Company LLC in Ras al-Khaimah, UAE. Operations remain centered in Saudi Arabia, with investments extending to the flat glass and related sectors. In recent developments, ZOUJAJ announced in April 2024 the addition of a sixth production line for glass containers at a cost of SAR 48.6 million, boosting annual capacity by nearly 25,000 tonnes and slated for completion by December 2024. Its affiliate, Saudi Guardian International Float Glass Company (Gulf Guard), approved in August 2024 a SAR 806.2 million ($215 million) project for a new float and insulating glass factory in Jubail Industrial City with 750 tonnes per day capacity. The company extended a memorandum of understanding (MoU) with Saudi Arabian Glass Co. (SAGCO) in November 2024 for six months until May 2025 to explore potential acquisition or merger opportunities, following an initial 12-month MoU signed in November 2023.