Nishat Mills Ltd - Company Profile
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Nishat Mills Ltd (Nishat Mills) is an integrated textiles company involved in manufacturing, spinning, stitching, weaving, combing, dyeing, bleaching, printing, buying, and selling fabrics, apparel, yarn, and garments. Its product portfolio includes cotton carded and cotton combed yarns, poly-cotton yarns, cotton-rich and core-spun yarns, linen, cotton and poly-cotton fabrics, twills, drills, and satins, Bedford cords, herringbones and pique and rib cords. The company also offers various home textile products, including table linens, garments, quilt covers, flat and fitted sheets, pillowcases, cushions, curtains, baby sets, embroidery, and processed fabric garments. It manages and operates a chain of hotels across Pakistan through its subsidiary Nishat Hospitality (Private) Limited. Nishat Mills is headquartered in Lahore, Punjab, Pakistan.
Headquarters
Pakistan
Address
7, Main Gulberg, Lahore, 54000
Website
nishatmillsltd.com
Telephone
92 42 35716351
No of Employees
29,357
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
NML (PSX)
Revenue (2024)
$745.5M
-2.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-35.1%
(2024 vs 2023)
Market Cap*
$178.4M
Net Profit Margin (2024)
XYZ
-33.5%
(2024 vs 2023)
* As of and is in US$
Nishat Mills Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Yarn | Hospitality Services |
| Quilt Covers | |
| Valances | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Regulatory Approval | In December, Nishat Hospitality (Private) Limited secured the Competition Commission of Pakistan's approval to sell its 100% stake to Nishat Hotels and Properties Limited. |
| 2023 | Contracts/Agreements | In January, the company and Nishat International agreed to acquire Wernerfelt from Lars Lauridsen Holding. |
| 2014 | Corporate Changes/Expansions | The company inaugurated the new apparel unit at Garments Division in Lahore. |
Competitor Comparison
| Key Parameters | Nishat Mills Ltd | Gul Ahmed Textile Mills Ltd | Feroze1888 Mills Limited | Blessed Textiles Limited | Kohinoor Mills Ltd. |
|---|---|---|---|---|---|
| Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
| City | Lahore | Karachi | Karachi | Karachi | Kasur |
| State/Province | - | Sindh | Sindh | - | - |
| No. of Employees | 29,357 | 15,496 | 11,432 | 1,622 | 2,149 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mian Hassan Mansha | Chairman | Executive Board | - | - |
| Mian Umer Mansha | Director; Chief Executive Officer | Executive Board | - | - |
| Farid Noor Ali Fazal | Director | Non Executive Board | - | - |
| Syed Zahid Hussain | Director | Non Executive Board | - | - |
| Mahmood Akhtar | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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