Nishat Mills Limited
Corporate Briefing Session November 27, 2024
Contents
- Company Profile
- Strategic / Operational Development
- Financial Results FY-2024
- Financial highlights
- Future Outlook
- Q & A
2
The Company Profile
The Group
Textile
Cement | Agriculture |
& Dairy | |
Automobile | Real |
Estate | |
NISHAT GROUP
Aviation | Hospitality |
& Hotels | |
Paper | Power |
Products | |
Insurance | Banking |
One of the largest and leading business groups
Nine companies listed on Pakistan Stock Exchange
Assets over Rs. 3.5 trillion
Direct employment of over 52,000 people
4
The Company
Commenced business as a partnership firm in 1951
Incorporated as a private limited company in 1959
Listed on Karachi Stock Exchange in 1961
Celebrated golden jubilee of listing in 2011
Longest textile value chain
36 Manufacturing units
8 Power plants
Total assets worth Rs. 217 billion
23,170 employees
5
Market and Products
Sales break-up - market wise
22%25%
19%14%
20%
Europe | America |
Asia, Africa and Australia | Pakistan |
Pakistan - sale to direct exporters |
Sales break-up - product wise
10%
7%27%
16%
20%
20%
Yarn | Greige cloth | Processed cloth |
Made-ups | Towels & bath robes | Garments |
6
Business Divisions
Spinning
- 251,808 spindles
- 10,320 roters
Weaving
• 931 looms
Dyeing
- 4 thermosol dyeing machines
Denim
- 1 rope dyeing machine
- 98 looms
Workwear
- 1 thermosol dyeing machine
Home Textile
- 2 thermosol dyeing machines
- 4 rotary printing machines
- 11 digital printing machines
- 1,989 stitching machines
Terry
- 76 looms
- 10 dyeing machines
- 10 finishing machines
- 2 slitting and 10 long hemming automatic machines
- 214 stitching machines
Garments
- 2,968 stitching machines
Power
- 161 MW capacity
7
Strategic / Operational Development
Strategic / operational developments
Enhancement of equity investment in Nishat Sutas Dairy Limited, an associated company.
Commissioning of Denim and Workwear units
Establishment of a wholly owned subsidiary in Turkey
Establishment of a Liaison office in Bangladesh
Sales of Nishat Hospitality (Private) Limited to Nishat Hotels and Properties Limited
Scheme of arrangement and compromises amongst Nishat (Chunian) Limited), Nishat Chunian Power Limited and their two shareholders namely Mr. Shahzad Saleem and Nishat Mills Limited
9
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |