International Steels LimitedPSX: ISL

Transmission of Annual Report for the Year Ended 2025-06-30

· Issued by International Steels Limited

A Legacy of Innovation

Annual Report 2025



Table of Contents

CORPORATE PROFILE

01

Shareholders

76

Steel for the Nation. Strength for the Future

02

Society & Community

77

Company Information

03

Awards

83

About the Group

04

Group Portfolio

10

CORPORATE GOVERNANCE

84

Journey and Milestones

12

Board of Directors' Profile

85

Vision, Mission and Core Values

20

List of Other Directorships

88

Strategic Objectives

23

Governance Framework

89

Steel Value Chain

25

IT Governance & Cybersecurity

95

Product and Services

27

Enterprise Risk Management

97

ISL Service Centre

29

Board Committees

99

Regional Network and Geographical Presence

31

Directors' Participation in Board and Sub

Value Creation

33

Committee Meetings

101

Code of Conduct

35

Management Team

101

Organization Chart

39

Report of the Board Audit Committee on

Adherence to the Code of Corporate Governance

102

CHAIRMAN'S REVIEW

40

Independent Auditors' Review Report on the

Chairman's Review

41

Statement of Compliance with Listed Companies

Chairman's Review (Urdu)

42

(Code of Corporate Governance) Regulations, 2019

104

Statement of Compliance with Listed Companies

DIRECTORS' REPORT

43

(Code of Corporate Governance) Regulations, 2019

105

Global Steel Scenario

44

Gender Pay Gap Statement

109

National Economy

44

Business Review

45

FINANCIAL HIGHLIGHTS

110

Sales

45

Analysis of Financial Statements

112

Manufacturing Operations

45

Key Financial Indicators

116

Health, Safety and Environment

46

Analysis of Financial Ratios

118

Energy Management

46

Six Years at a Glance

119

Financials

46

DuPont Analysis

121

Earnings Per Share

46

Quarterly Performance Analysis

122

VIS Credit Rating

47

Statement of Value Addition

123

Human Resources

47

Statement of Cash Flows-Direct Method

124

Corporate Social Responsibility

47

Free Cash Flow

125

Risk Management

47

Board Composition and Remuneration

48

FINANCIAL STATEMENTS

126

Recommendation of the Board Audit

Independent Auditors' Report to the Members

127

Committee for Appointment of Auditor

48

Statement of Financial Position

131

Dividend

48

Statement of Profit or Loss

132

Contribution to National Exchequer

Statement of Comprehensive Income

133

and the Economy

48

Statement of Cash Flows

134

Provident Fund and Gratuity Scheme

48

Statement of Changes in Equity

135

Recognition

48

Notes to the Financial Statements

136

Future Outlook

48

Strategic Priorities for FY 2026

48

STAKEHOLDERS' INFORMATION

187

Acknowledgements

49

Ownership

188

Directors' Report (Urdu)

54

Pattern of Shareholding

189

Categories of Shareholders

190

SUSTAINABILITY AND CSR REPORT

55

Key Shareholding

190

Our Commitment to Society and Community

56

Free Float of Shares

191

Our Value System

57

Shareholders Composition

191

10 UN GC Principles

58

Share Price Trend vs Volume Traded

191

Our Stakeholders

59

Notice of Annual General Meeting

192

Stakeholders Communications

60

Notice of Annual General Meeting (Urdu)

200

Sustainability & CSR

61

Employees

62

FORMS

201

Customers

67

A Legacy to Forge

Corporate Profile



Steel for the Nation. Strength for the Future.

International Steels Limited (ISL) is Pakistan's foremost flat steel manufacturer, setting benchmarks in quality, scale, and innovation. Established in 2007, ISL began production in 2010 - a milestone that marked the company's commitment to transforming the nation's industrial capabilities. Today, ISL is a recognized leader in Cold Rolled, Galvanized, and Color Coated Steel, supplying diverse sectors with premium steel solutions for both domestic and international markets.



BUILT FOR SCALE AND PERFORMANCE

  • Total Investment to Date: US$ 300 Million

  • Annual Production Capacity: 1 Million Metric Tons

  • Manufacturing Footprint: 47 Acres

ISL's main production facility is located on a sprawling 32-acre site in Karachi's industrial heartland, equipped with cutting-edge technology and managed under stringent quality control systems. Accompanied with this is a dedicated 15-acre Service Center, offering value-added processing and finishing services to support industry-ready steel solutions in the most consumable forms.

GLOBAL REACH, LOCAL STRENGTH

With exports to over 30 countries across six continents, ISL has established itself as a trusted global supplier of high-quality flat steels. This international footprint not only enhances Pakistan's standing in the global steel industry but also contributes to foreign exchange savings by reducing the country's reliance on imported flat steel.

A PILLAR OF PAKISTAN'S INDUSTRIAL FABRIC

ISL's steel forms the backbone of several sectors, including construction, automotive, home appliances, and engineering. Its products are a key enabler of industrial growth and infrastructure development. From SMEs to large-scale manufacturers, ISL's materials power the ambitions of countless businesses, reinforcing the company's role as a critical catalyst for national progress.

PRODUCTION CAPABILITIES

Product Type Annual Capacity

Cold Rolled Steel 1,000,000 Metric Tons Hot-Dipped Galvanized Steel 462,000 Metric Tons Color Coated Steel 84,000 Metric Tons

ISL serves the entire country through a wide supplier network supported by regional offices in Lahore, Islamabad, and Multan. With a diverse and adaptable product portfolio, ISL ensures timely supply to both local and international customers, meeting their dynamic production needs with consistency and care.

SUSTAINABILITY AND SOCIAL RESPONSIBILITY

ISL operates under a Clean, Lean, and Green philosophy. Through resource-efficient production, waste minimization, and recycling initiatives, ISL consistently reduces its environmental footprint. The company's CSR programs support underprivileged communities in health, education, and disaster relief-fostering inclusive growth and social well-being.



POWERING PROGRESS THROUGH RENEWABLE ENERGY

In 2024, ISL took a defining step in its sustainability journey by commissioning a 6.4 MW solar power project at its Karachi factory. Fully operational in under a year, this initiative now generates over 8 million kilowatt-hours (kWh) annually equivalent to the electricity consumption of more than 3,000 Pakistani households.

The solar transition is a strategic investment in sustainable manufacturing and long-term value creation.

Key Benefits:

  • Carbon Emission Reduction: Thousands of metric tons

    of CO, avoided each year

  • Operational Resilience: Protection against grid disruptions and energy price volatility

  • Energy Security: Enhanced self-sufficiency for industrial operations

    Aligned with Global Sustainability Goals:

  • SDG 7: Affordable and Clean Energy

  • SDG 9: Industry, Innovation, and Infrastructure

  • SDG 12: Responsible Consumption and Production

  • SDG 13: Climate Action

This shift to solar energy strengthens ISL's Environmental, Social, and Governance (ESG) strategy, reinforcing its role as a trailblazer in industrial decarbonization. It positions the company as more than a steel manufacturer- a partner in building a low-carbon and innovation-driven industrial future for Pakistan.

Company Information

CHAIRMAN (NON-EXECUTIVE)

Mr. Kamal A. Chinoy

INDEPENDENT DIRECTORS

Dr. Amjad Waheed Ms. Nausheen Ahmad Mr. Nihal Cassim

NON-EXECUTIVE DIRECTORS

Mr. Haroun Rashid

Mr. Mustapha A. Chinoy Mr. Kenichi Hotta

Mr. Yousuf H. Mirza

CHIEF EXECUTIVE OFFICER

Mr. Samir M. Chinoy

CHIEF FINANCIAL OFFICER

Mr. Usman Ahmed

COMPANY SECRETARY & HEAD OF LEGAL AFFAIRS

Mr. Zohaib Raza Merchant

CHIEF INTERNAL AUDITOR

Syed Zaib Zaman Shah

EXTERNAL AUDITORS

A. F. Ferguson & Co., Chartered Accountants

LEGAL ADVISOR(S)

Mrs. Sana Shaikh Fikree

INVESTOR RELATIONS CONTACT

Shares Registrar

THK Associates (Pvt.) Ltd

Plot No. 32-C, Jami Commercial Street 2 D.H.A., Phase VII, Karachi - 75500.

Phone: +92 21-111-000-322, +92 21-37120628-29

Email: sfc@thk.com.pk

REGISTERED OFFICE

101, Beaumont Plaza, 10, Beaumont Road, Karachi - 75530. Telephone Numbers : +9221-35680045-54

UAN : +92 21-111-019-019, Fax : 021-35680373

E-mail : investors@isl.com.pk

LAHORE OFFICE

Chinoy House, 6 Bank Square, Lahore - 54000. Telephone Nos: +92 42-37229752-55,

UAN: +92 42-111-019-019

E-mail: lahore@isl.com.pk

ISLAMABAD OFFICE

Office No.303-A, 3rd Floor, Evacuee Trust Complex, Sector F-5/1, Agha Khan Road, Islamabad.

Telephone Nos: +92 51-28230412-3

MULTAN OFFICE

Office No. 708-A, "The United Mall", Plot No. 74, Abdali Road, Multan

Telephone Nos: +92 61-4570571.

FACTORY

399 - 405, Rehri Road, Landhi, Karachi.

Telephone Nos: +92 21-35013104 - 5 Fax : 021-35013108

E-mail: info@isl.com.pk

SERVICE CENTER

Plot# LE-73-79, 102-103, 112-118, 125-129

Survey # Nc.98, Near Arabian Country Club, National Industrial Park, Bin Qasim, Karachi. Telephone Nos: +92 21-34724184

WEBSITE

https://www.isl.com.pk

BANKERS

Allied Bank Limited Askari Bank Limited Bank Al Habib Limited Bank Alfalah Limited

BankIslami Pakistan Limited

Dubai Islamic Bank Pakistan Limited Faysal Bank Limited

Habib Bank Limited

Habib Metropolitian Bank Limited

Industrial and Commercial Bank of China Limited MCB Bank Limited

MCB Islamic Bank Limited Meezan Bank Limited National Bank of Pakistan Samba Bank Limited

Standard Chartered Bank (Pakistan) Limited United Bank Limited

About the Group


Amir S. Chinoy Group

The Amir S. Chinoy Group (ASC Group) has been at the forefront of Pakistan's industrial development since the founding of the country 78 years ago. Our founder, Mr. Amir S. Chinoy, a pioneer of industrialization in Pakistan, laid the foundation of the ASC Group by setting up manufacturing concerns in heavy chemicals (Pak Chemicals Ltd, 1951), steel, and galvanized pipes (International Industries Limited, 1948) and electrical wires and cables (Pakistan Cables Limited, 1953). His commercial interests also extended to trading, electrical contracting, and the representation of major European and international companies in South Asia. As a flag bearer of determination and innovation, the group later invested in a green field project for the manufacture of Cold Rolled, Galvanized and Colour Coated steel coils and sheet (International Steels Limited, 2007).

Today, the ASC group is one of the leading industrial groups in Pakistan with proven expertise in manufacturing, trading, and industrial services. The member companies enjoy a credible export pedigree with combined export revenues of Rs. 15 billion. ASC Group's growing global footprint is further represented by an on-ground presence in Australia, Canada, and Europe through its wholly owned subsidiaries IIL Australia Pty. Ltd., IIL Americas Inc., and INIL Europe Ltd., which collectively contribute Rs. 2.3 billion in export revenues. In addition, the Group operates IIL Trading Pvt. Ltd. in Pakistan, a premium trading company representing globally renowned brands such as Milwaukee, Fischer, Mapei, and Brenntag. In Pakistan, the ASC group has an extensive distribution network through 2,600 outlets in 500 cities and towns across the country. Recently in 2024, Chinoy Engineering and Construction (Pvt.) Ltd. (CECL), an associate company of International Industries Limited, Pakistan Cables Limited and International Steels Limited, was established to explore business opportunities in construction projects. CECL successfully entered into a contract with the Reko Diq Mining Company to design and construct a Permanent Accommodation Camp at Reko Diq Copper Gold Mines, Baluchistan.

The broad range of products manufactured by the Group companies includes:

Steel Pipes Cold Rolled Steel Galvanized Steel Colour Coated Steel (CR, HR, Galvanized,

Stainless Steel)

Polymer Pipes (UPVC, PPRC, PE)

Hollow Structural Sections (Steel)

Scaffolding Systems and Formwork

Flat Steel Sheets, Profiles & Purlins

Electric Wires & Cables (LV & MV)

Electric Overhead Conductors of Aluminium & Copper

Special Cables, Solar Cables

PVC Compound Copper Rod Aluminum Rod Wiring Accessories

Member companies of the ASC group have attached international equity partners of repute, which have further enriched their technical expertise and best practices. Leading equity partners associated with member companies include:

  • British Insulated Callender's Cable (BICC), UK.

  • Doogood, Australia.

    Annual Report 2025 Corporate Profile 05

  • General Cables, USA.

  • JFE Steel Corporation, Japan.

  • Sumitomo Corporation, Japan.

  • International Finance Corporation (IFC), USA.



Group Highlights

116

PKR in Billion Sales

Turnover

26

PKR in Billion Contribution

to National Exchequer

374,000

(Metric Tons) Total Metals Produced

2,100+

Number of Employees

500

Geographical Footprint in

Pakistan (Cities & Towns)

72

PKR in Billion Market

Capitalisation

15

PKR in Billion Export

Sales

72

Years of Production

60

Number of Export Destinations

(including USA, Canada, Europe)

2,600

Number of Dealers/Distributors

Annual Report 2025 Corporate Profile 06

*As on FY ending 30th June 2025



Member Companies




Incorporated in 1948 Listed on PSX since 1984 Credit Rating AA/A-1

Product Lines:

Steel Pipes and Tubes Polymer Pipes and Fittings Stainless Steel Tubes Engineering Solutions

25

PKR Billion Turnover (2024 - 2025)

Incorporated in 1953 Listed on PSX since 1955 Credit Rating A/A-1

Product Lines:

Wires and Cables Conductors, Aluminium Rods, Wiring Accessories Copper Rod

29

PVC Compounds

PKR Billion Turnover (2024 - 2025)

Incorporated in 2007 Listed on PSX since 2011 Credit Rating A+/A-1

Product Lines:

Cold Rolled Steel Hot Dip Galvanized Steel

Color Coated Steel

62

PKR Billion Turnover (2024 - 2025)

Incorporated in 2024

Services: Contracting services in the construction

and engineering industry









Highlights of the ASC Group member companies' events


ASC Group Participates in Saudi Build Expo 2024 ASC Group companies participated in the Saudi Build, expo to explore the region's largest building and infrastructure market at

the 34th International Trade Exhibition for Construction Materials and

Building Technologies held at Riyadh International Convention & Exhibition Center during November 4-7, 2024.



ASC Group Participates in IAPEX Lahore 2024

ASC Group companies participated in IAPEX Lahore, held at the Lahore Expo Centre from November 1 to 3, 2024, showcasing their commitment to innovation and industry leadership. Pakistan Cables featured its Wiring Accessories portfolio, International Industries displayed its comprehensive range of steel tubes and pipes and International Steels presented its latest galvanized and cold-rolled steel products. The exhibition provided a valuable platform to engage with industry stakeholders, strengthen brand visibility, and reinforce group's position as a leader in Pakistan's industrial landscape.



ASC Group Participates in Pakistan Minerals Investment Forum 2025

ASC Group participated in the Pakistan Minerals Investment Forum 2025, a premier platform showcasing the country's potential in the minerals and mining sector. Among the Group's highlights was CECL (Copper & Energy Company Limited), a sister company, which drew significant attention for its growing role in Pakistan's resource development landscape.

The event offered a valuable opportunity to present the Group's vision, explore strategic partnerships, and reinforce our commitment to contributing to the nation's industrial and energy advancement.



ASC Group Marks Pinktober

ASC Group organized a Breast Cancer Awareness event, featuring special guests, Dr. Bushra Maham Amin from Shaukat Khanum Hospital, cancer survivor Aysha Jamil, and former First Lady Begum Samina Arif Alvi. The informative session helped the attendees learn more about the symptoms, prevention, and treatment of breast cancer.







2nd Amir Sultan Chinoy Women's Tapeball Cricket Tournament 2024

The 2nd Amir Sultan Chinoy Women's Tape-ball Cricket Tournament, held in December 2024, was a significant milestone in the ASC Group's commitment to promoting diversity, equity, inclusion, and collaboration across its member companies. The tournament featured 42 enthusiastic women participants, with Tectonic Titans (IIL), Electric Eagles (PCL), and Steel Strikers (ISL) teams embodying the spirit of sportsmanship and empowerment. Tectonic Titans (IIL) claimed the championship title in an electrifying final, capping off a successful two-day event that celebrated unity and progress on and off the field.



ASCF Sports Collaboration

Under a multi-year sponsorship agreement by the Amir S. Chinoy Foundation, the ASC Group is proud to support Sana and Saif Bahader - two exceptionally talented squash athletes who continue to break barriers.

Despite being classified as Persons with Disabilities (PWDs), their unwavering determination and remarkable skill embody the spirit of Pakistan's resilient youth. This collaboration reflects our commitment to inclusivity and aims to elevate their talent - and Pakistan's squash legacy - onto the global stage.



ASCF Supports Water Filteration Plant in Dharasar Umarkot

ASCF in collaboration with Zaman Foundation installed a water filtration plant in Dharasar village, Umar Koth, to provide access to clean drinking water access to the local community. Dharasar is a remote desert village located 65km from Umarkot, home to over 600 residents across 350+ households. The predominantly Hindu community faces limited infrastructure and essential services access.



Emerge Incubation Centre Completed Cohort III Emerge completed its COHORT III pitch deck round in which 30 highly promising incubates were meticulously selected, setting the stage for

a dynamic and competitive cohort. Emerge is Pakistan's first TVET based

incubation centre for the underprivileged youth, set up by the Amir Sultan Chinoy Foundation in collaboration with the Hunar Foundation with the intent to promote entrepreneurial skills among them.

Group Portfolio








Contracting services in the construction

and engineering industry

PKR Billion Turnover (2024 - 2025)

29

Wires and Cables Conductors, Aluminium Rods, Wiring Accessories Copper Rod

PVC Compounds

SERVICES

PRODUCTS

PRODUCTS

PRODUCTS

Incorporated in 2024

Incorporated in 1953 Listed on PSX since 1955 Credit Rating A/A-1











Incorporated in 1948 Listed on PSX since 1984 Credit Rating AA/A-1

Incorporated in 2007 Listed on PSX since 2011 Credit Rating A+/A-1

Steel Pipes and Tubes Polymer Pipes and Fittings Stainless Steel Tubes Engineering Solutions

25

PKR Billion Turnover (2024 - 2025)

Cold Rolled Steel Hot Dip Galvanized Steel

Color Coated Steel

62

PKR Billion Turnover (2024 - 2025)

116 BILLION

GROUP TURNOVER

Journey and Milestones


Journey and Milestones

2007

  • Incorporated in September.

  • Installation of 19 Mega Watt Power

    Generation Plant.

    2008-2009

    Civil works and plant installation in process.

    2010

    Cold Rolling and Galvanizing complex is commissioned.

    2011

  • Commercial operations of Cold Rolling and

    Galvanizing complex commence: Installed capacity 250,000 MT

  • ISL gets listed on Pakistan Stock Exchange.

  • Certifications acquired:

    ISO 9001 (Quality Management System) ISO 14001 (Environmental Management) ISO 18001 (Occupational Health and Safety Management Systems)

    2012

    Commercial operations of Cold Rolling and Galvanizing Complex commence with an installed capacity of 250,000 MT.

    2013

  • Production exceeds 166,000 MT.

  • Sales exceed 161,000 MT.

  • Net turnover exceeds PKR 13 Billion.

    2014

  • Production exceeds 220,000 MT.

  • Sales exceed 217,000 MT.

  • Net turnover exceeds PKR 17 Billion.

    2015

  • Production exceeds 280,000 MT.

  • Sales exceed 257,000 MT.

  • Net turnover exceeds PKR 21 Billion.

    2016

    Galvanizing Plant-II is commissioned and starts commercial production:

  • Galvanizing capacity increases to 450,000 MT

    from 150,000 MT.

  • Pakistan's first Color Coating line is established

    at ISL with the capacity 84,000 MT.

  • A new electrolysis plant is installed to produce Hydrogen

  • A Second strand on the 4-Hi Reversing Mill is commissioned, converting it into a Continuous Compact Mill "CCM".

  • Production exceeds 238,000 MT.

  • Sales volume exceeds 239,000 MT.

  • Net turnover exceeds PKR 17.5 Billion

    2017

  • Commercial production of the enhanced 4-Hi

    Continuous Compact Mill commences

  • Cold Rolled capacity increases to 500,000 MT

    from 250,000 MT.

  • Production exceeds 370,000 MT.

  • Sales volume exceeds 364,000 MT.

  • Net turnover exceeds PKR 20 Billion.

    2018

  • Debottlenecking of Push Pull Pickling Line.

  • Pickling capacity enhances to 600,000 MT from

    500,000 MT.

  • Successful commissioning of additional annealing capacity.

  • Annealing capacity enhances to 200,000 MT from 160,000 MT.

  • Second Continuous Compact Mill "CCM-2" is

    commissioned.

  • SNI certification of Indonesia is acquired.

  • Production exceeds 465,000 MT.

  • Sales volume exceeds 490,000 MT.

  • Net turnover exceeds PKR 33 Billion.

    2019

    Continuous Compact Mill "CCM-2" commences commercial production:

  • Cold Rolling capacity increases to 1,000,000 MT

    from 500,000 MT.

    Annealing capacity is enhanced:

  • Annealing capacity increases to 360,000 MT from 300,000 MT.

    A New continuous picking line is commissioned and starts commercial production:

  • Capacity of new continuous picking line becomes 1,000,000 MT.

  • Production exceeds 470,000 MT.

  • Sales volume exceeds 539,000 MT.

  • Sales value exceeds PKR 47 Billion.

  • ISL wins Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Export Award 2017 in the steel category.

  • Pakistan Stock Exchange's status at Morgan Stanley Composite Index (MSCI) is upgraded to "Emerging Market" and ISL is listed in it.

  • ISL wins Management Association of Pakistan

    (MAP) Corporate Excellence Award 2019.

  • JCR-VIS credit rating company awards ISL the

    credit rating of "A+/A-1".

    2020

  • ISL Service Center commences operations. The state-of-the-art service center is envisioned to provide value-added services to the customers.

  • ISL bags 1st award at the "7th Employer of the

    year award" in the Medium National Category.

  • ISL receives the 43rd FPCCI Best Export

    Performance Award 2018-19.

  • International Steels Limited (ISL) wins the prestigious Top 25 Performing Companies award by the Pakistan Stock exchange.

  • ISL wins Management Association of Pakistan (MAP) Corporate Excellence Award 2020 for the second consecutive year.

    2021

  • ISL receives "Employers Federation of Pakistan's (EFP) Exporters Recognition Award", being acknowledged among the Top 45 largest exporters of Pakistan.

  • ISL wins the "8th Employer of the Year Award"

    for the year 2019-2020.

  • ISL wins three CSR Awards at the NFEH's (National Forum for Environment and Health) 13th Corporate Social Responsibility Summit 2021 in the categories of: Education and Scholarships, Community Development and Services Waste Management, and Recycling.

  • ISL received 44th FPCCI Best Export

    Performance Award 2019-20.

    2022

  • Electrolytic Cleaning Line is commissioned at ISL. This new addition improves the surface quality of our products specifically for the automotive and appliances sectors by cleaning

    the remaining rolling emulsion and iron fines.

  • ISL sponsored the Pakistan Pavilion at the

    internationally acclaimed, Dubai Expo 2021.

  • ISL sponsored TEDx IBA powered by AIESEC.

  • ISL participated in the 2nd Pakistan Africa Trade Development Conference, Nigeria, facilitated by TDAP.

  • For the second time, ISL won three awards in the categories of Education and Scholarship, Community Development, Sports and Recreational Activities, at the 14th CSR Awards organized by the National Forum for Environment and Health (NFEH).

  • ISL participated in the Management Association of Pakistan's 22nd MAP Convention, under the banner of ASC Group.

  • International Steels Limited participated in Project Qatar in Doha, meeting potential partners from across Qatar and from other countries.

  • ISL exhibited in HVACR Expo, Lahore, the largest dedicated HVACR trade exhibition in Pakistan. Additionally, the company participated in IAPEX Building Materials Exhibition at Expo Center, Karachi. This expo attracts and targets architects, builders and contractors, from all over Pakistan.

  • ISL was listed in Traded Development Authority of Pakistan (TDAP) Top 50 exporters, second year in a row

  • ISL won Pakistan Stock Exchange (PSX)

    "Pakistan's Top 25 Companies Award"

  • ISL received "Export Performance Award" for

    the FY 2020-21, at FPCCI's 45th Export Awards.

  • ISL won the "Corporate Excellence Award" in the "Engineering Category" for the fourth year in a row, in the 37th year of the Corporate Excellence Awards organized by the Management Association of Pakistan (MAP)

  • ISL won 1st position in the Medium National Category at the "9th Employer of the Year Awards" for the year 2021

    2023

  • ISL received the FPCCI 46th Best Export

    Performance Award for FY 2021-22.

  • ISL was honored with the KCCI Best Export Performance Award for FY 2019-20 and FY 2020-21.

  • ISL clinched 1st Prize in the Engineering, Automobile Manufacturing & Spare Parts/Components Sector at the 17th EFP Best Practices Award Ceremony for OSHE 2022.

  • ISL rolled out the ISL Customer Portal to ISL Dealers and select industrial customers from Q2 FY24. The portal was created to offer customers a convenient digital sales experience by streamlining business processes and providing real-time access to order and transaction information.

  • ISL won its fifth consecutive award at the 38th Corporate Excellence Awards (CEA) hosted by MAP, recognizing exceptional performance and management best practices.

  • ISL was integrated in the internet banking

    system of 2 leading banks of Pakistan.

  • ISL celebrated reaching "3 Million Metric Tons," achieved through collaboration with JFE and Sumitomo Corporation.

  • ISL won the 11th FPCCI Achievement Award for 2022.

  • ISL won three CSR awards at the NFEH's 15th CSR Summit - 2023, in the categories of Community Development and Services, Education and Scholarship, and Rehabilitation, for the third consecutive year.

    2024

  • International Steels Limited initiated a 6.4 MW solar power project at its Karachi manufacturing facility, reflecting a strategic investment of PKR 1 billion.

  • In September 2024, ISL was honored with the 7th CSR Award 2024, by The Intellects Club, Religion for Peace, and Rotary Club, reaffirming ISL's dedication to community and environmental impact.

  • ISL secured the MAP Corporate Excellence Award in the Engineering Sector for the sixth consecutive year in October 2024. CEO Mr. Samir M. Chinoy accepted the honor at the 39th Corporate Excellence Awards, reaffirming ISL's legacy of innovation and industry leadership in Pakistan.

  • ISL launched ISL Steel Uncovered - Season 1 on YouTube, a groundbreaking video series that takes viewers inside the world of steel manufacturing and its real-world applications.

  • ASC Group Companies - ISL, IIL & PCL

    participated in the 3rd Engineering and

    Healthcare Show 2024 organized by TDAP.

  • ISL participated in The Big 5 Construct Saudi, the largest construction event in Saudi Arabia, for the first time.

  • ISL received three CSR awards during the NFEH's 16th CSR Summit & Awards 2024 for the fourth consecutive year in the categories of Community Development and Services, Education and Scholarship, and Public Health & Safety Program.

  • ISL received the "Diamond Recognition Award" at the 10th Employer of the Year Awards, underscoring our focus on fostering a vibrant organizational culture.

  • In partnership with a leading bank, ISL rolled out virtual accounts with automatic receipt creation, complementing existing payment channels to enhance convenience and efficiency for customers.

  • ISL secured vendor registration for Saudi Arabia's Giga-Projects - this recognition positions ISL as a trusted partner in the Kingdom's infrastructure development, aligning with Saudi Arabia's Vision 2030.

Highlights 2024-2025

Q1 July - September 2024

ISL unveils Steel Uncovered: Celebrating the Steel That Shapes Pakistan

Inspired by educational series such as "How It's Made," ISL Steel Uncovered opens a window into how flat steel turns into finished goods that people rely on daily. The series offers an in-depth look into how ISL's high-grade flat steel is integrated into a diverse range of products, from construction materials to automotive components. The series not only highlights the technical processes but also emphasizes the vital partnerships with industrial clients that help drive Pakistan's manufacturing sector forward.



ISL Wins EFP's "Employer of the Year" Award

ISL earned the prestigious Diamond Recognition Award accolade in recognition of its inclusive, growth-oriented workplace. The award reflects ongoing commitment to employee well being, benefits, wellness, and learning opportunities.

ISL Secures Vendor Registration for Saudi Giga-Projects

ISL's commitment to quality and innovation has been recognized through its vendor registration for several high-profile Saudi Giga projects. This achievement positions ISL as a key Pakistani player in the Middle East's ever-evolving infrastructure scene.



ISL at SMU Steel Summit 2024 - Gold Corporate Sponsor

As the Gold Corporate Sponsor at the SMU Steel Summit in Atlanta, USA, ISL showcased its leadership in innovation and sustainability on a global steel industry platform.



ISL Wins 7th CSR Award 2024

Awarded the 7th CSR Award by The Intellects Club, Religion for Peace, and Rotary Club, ISL reaffirmed its commitment to environmental and community-focused initiatives.



Q2 Highlights: October - December 2024

ISL Wins MAP Corporate Excellence Award 6th Consecutive Year

ISL received the MAP Corporate Excellence Award in the Engineering Sector for the sixth year running. CEO Mr. Samir M. Chinoy accepted the award in a ceremony attended by top provincial officials and industry leaders.

ISL Showcases at Pakistan Auto Show (PAPS) 2024

ISL participated at the Pakistan Auto Show 2024 that took place at the Lahore Expo Centre. This premier event showcases the potential of the automotive industry and emphasizes advancements in engineering technology.



ISL at Saudi Build 2024 - Riyadh, KSA



ISL participated in Saudi Build 2024, reinforcing its presence in the Middle Eastern construction sector and engaging with regional infrastructure leaders.



ISL at The Big 5 Global 2024 - Dubai, UAE

At The Big 5 Global 2024, ISL showcased its innovative flat steel solutions and connected with global industry stakeholders, representing Pakistan on an international platform.



ASC Women's Cricket Tournament 2024

ISL participated in the 2nd ASC Women's Cricket Tournament. The IIL Tectonic Titans won, and ISL Steel Strikers, along with Pakistan Cables Electric Eagles, demonstrated remarkable athleticism and spirit.

Q3 Highlights: January - March 2025

ISL MOU with Chiniot General Hospital

ISL entered a partnership with Chiniot General Hospital to enhance healthcare access in the region-re-flecting a shared vision of corporate commitment to community welfare.



ISL at The Big 5 Saudi Construct 2025 - Riyadh, KSA

As Pakistan's representative at The Big 5 Saudi Construct 2025, ISL presented its cutting-edge flat steel products and networked with global construction professionals.



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