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BETAGLASIndustrial Goods

Beta Glass Plc

₦598
▲ 9.7%+120% YTD
≈ $0.43 · Forex rate

Key stats

Market cap
₦180B
P/E ratio
8.0x
Dividend yield
3.0%
52-week range
₦200 – ₦620
Founded
1974
Listed
1985
Board
Main Board
Industry
Glass Manufacturing
HQ
Ughelli, Delta State
CEO
Dimitris Pikros
Shares
0.3B
ISIN
NGBETAGLAS04

Key milestones

1974
Beta Glass founded
1985
Listed on Nigerian Stock Exchange
2006
Frigoglass Group acquired controlling stake
2018
Furnace 1 modernization completed
2022
Capacity expansion to 250,000 tpa
2025
Pharmaceutical glass capacity increased
2026
Share price up 120% YTD — best industrial performer

Why Lagosian dey care about BETAGLAS

Beta Glass na Nigeria only major glass container manufacturer. Every glass bottle wey you see for ShopRite or your area shop — Coca-Cola, Star, Pepsi, pharmaceutical — Beta Glass produce am for dia Ughelli plant. Stock don rise 120% YTD — best performance for industrial goods sector.

About di company

Beta Glass na Nigeria largest glass container manufacturer. Frigoglass Group (Greek company) own dem. Two glass furnaces for Ughelli, Delta — 250,000 tonnes per year capacity. Customer dey include Nigerian Breweries, Guinness, Coca-Cola, Pepsi, and pharmaceutical companies.

Business segments

1.Beverage Glass Containers (~80% of revenue)
2.Pharmaceutical Vials & Amber Glass
3.Food Glass (jars, bottles)
4.Custom Industrial Glass
📈 Why buy

Effective monopoly in Nigerian glass container market. Beneficiary of FX depreciation (imports more expensive). Stable beverage demand provides revenue floor. Specialty pharmaceutical glass growing.

📉 Why fear

Customer concentration (top 5 customers = 75% of revenue). Gas price exposure. Capex-heavy. Plastic bottle substitution in soft drinks.

Key risks

  • Customer concentration (Nigerian Breweries, Guinness dominate revenue)
  • Natural gas cost spikes
  • Plastic bottle substitution in soft drinks
  • Furnace breakdown risk (single-asset Ughelli)

Trading activity — past 3 months

Beta Glass is a relatively low-volume mid-cap stock. BETAGLAS traded 4.2 million shares in 12,000 deals worth ₦2.1 billion over the past three months. The 120% YTD price gain has come on relatively modest volume — typical of structurally rerated names.

Industrial Goods sector — BETAGLAS dey rank 5 of 5

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5BETAGLASBeta Glass Plc₦598+120%
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Frequent Question

BETAGLAS (Beta Glass Plc) na trading at ₦598. Up 9.72% today, +120% YTD.

Important Disclaimer

Stock prices wey dey dis page dey delayed by at least 30 minutes and na for informational purposes only. Lagos.cool NO be licensed stockbroker, investment advisor, or securities dealer. We no dey buy, sell, or recommend any securities.

Past performance no be guarantee for future result. Stock price fit go down as e fit go up, and you fit lose some or all of your investment. Always consult licensed stockbroker or financial advisor before you make investment decision.

Data dey come from di Nigerian Exchange (NGX) and public corporate disclosure.