About

Nishat Mills Limited

Nishat Mills Limited is the flagship company of Nishat Group. It was established in 1951. It is one of the most modern, largest vertically integrated textile companies in Pakistan. Nishat Mills Limited has 227,640 spindles, 805 Toyota air jet looms. The Company also has the most modern textile dyeing and processing units, 2 stitching units for home textile, Two stitching units for garments and Power Generation facilities with a capacity of 120 MW. The Company’s total export for the year 2016 was Rs. 35.931 billion (US$ 344.744 million). Due to the application of prudent management policies, consolidation of operations, a strong balance sheet and an effective marketing strategy, the growth trend is expected to continue in the years to come. The Company’s production facilities comprise of spinning, weaving, processing, stitching and power generation.

Vision & Mission Statement

Mission Statement

To provide quality products to customers and explore new markets to promote/expand sales of the Company through good governance and foster a sound and dynamic team, so as to achieve optimum prices of products of the Company for sustainable and equitable growth and prosperity of the Company.

Vision Statement

To transform the Company into a modern and dynamic yarn, cloth and processed cloth and finished product manufacturing Company that is fully equipped to play a meaningful role on sustainable basis in the economy of Pakistan. To transform the Company into a modern and dynamic power generating Company that is fully equipped to play a meaningful role on sustainable basis in the economy of Pakistan.

Status Of The Company

Public Limited Company

Company Registration Number & National Tax Number

Company Registration No: 0001053
National Tax Number: 2180652-7

The Group

Nishat group of companies is a premier business house of Pakistan. The group has presence in all major sectors including Textiles, Cement, Banking, Insurance, Power Generation, Hotel Business, Agriculture, Dairy and Paper Products. Today, Nishat Group is considered to be at par with multinationals operating locally in terms of its quality products and management skills. Following is the list of companies in the group.

Associated Companies – Listed

Adamjee Insurance Limited

www.adamjeeinsurance.com
DG Khan Cement Company Limited

www.dgcement.com
Lalpir Power Limited www.lalpir.com
MCB Bank Limited

www.mcb.com.pk
Nishat (Chunian) Limited www.nishat.net
Nishat Power Limited

www.nishatpower.com
Pakgen Power Limited

www.pakgenpower.com

Associated Companies – Unlisted

Adamjee Life Assurance Limited www.adamjeelife.com
Nishat Dairy (Private) Limited www.nishatdairy.com
Nishat Hospitality (Private) Limited www.nishathospitality.com
Nishat Papers Products Company Limited www.nishatpaper.com
Pakistan Aviators and Aviation (Private) Limited www.pakistanaviators.com
Security General Insurance Company Limited www.sgicl.com
Nishat Linen (Private) Limited
Nishat Hotels and Properties Limited
Nishat (Aziz Avenue) Hotel and Properties Limited

Nishat (Gulberg) Hotel and Properties Limited

Nishat (Raiwind) Hotel and Properties Limited
Nishat Agriculture Farming (Private) Limited

Nishat Automobile (Private) Limited
Nishat Developers (Private) Limited

Nishat Commodities (Private) Limited

Lalpir Solar Power (Private) Limited
Nishat Real Estates Development Company (Private) Limited

Nishat Farms Supplies (Private) Limited

Nishat International FZE
Nishat Global China Company Limited

Nishat UK (Private) Limited

Nishat Linen Trading LLC

Nishat USA Inc.

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1951

Nishat Mills Limited commenced its business as partnership.

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1959

The company incorporated as private limited company.

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1961

Nishat Mills Limited was listed on Karachi Stock Exchange.

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1989

The Company was listed on Lahore Stock Exchange.

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1992

The Company was listed on Islamabad Stock Exchange.

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1996

Acquired the operating assets of Nishat Tek Limited and Nishat Fabrics Limited.

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2005

Acquired the assets of Umer Fabrics Limited.

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2008

Acquired the assets of Nishat Apparel Limited.