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 of fabrics, apparel, yarn, and garments. The company’s 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, herring bones and pique and rib cords. It 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. The company 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
26,359
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
NML (PSX)
Revenue (2023)
$949.5M
16.9%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-8.2%
(2023 vs 2022)
Market Cap*
$92.5M
Net Profit Margin (2023)
XYZ
-21.5%
(2023 vs 2022)
* As of and is in US$
Nishat Mills Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Spinning | Hospitality Services |
| Weaving | |
| Processing | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 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. |
| 2014 | Corporate Changes/Expansions | The company inaugurated 22 tons coal fired steam boiler at Power Division in Bhikki, Pakistan. |
Competitor Comparison
| Key Parameters | Nishat Mills Ltd | Gul Ahmed Textile Mills Ltd | Feroze1888 Mills Limited | Kohinoor Mills Ltd. | Blessed Textiles Limited |
|---|---|---|---|---|---|
| Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
| City | Lahore | Karachi | Karachi | Kasur | Karachi |
| No. of Employees | 26,359 | 17,831 | 12,643 | 1,500 | 997 |
| 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 | Chief Executive Officer; Director | Executive Board | - | - |
| Farid Noor Ali Fazal | Director | Non Executive Board | - | - |
| Mehak Adil | Director | Non Executive Board | 2020 | - |
| Mahmood Akhtar | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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