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 | |
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Nishat UK (Private) Limited |
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Nishat Linen Trading LLC |
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Nishat USA Inc. |
1951
Nishat Mills Limited commenced its business as partnership.
1959
The company incorporated as private limited company.
1961
Nishat Mills Limited was listed on Karachi Stock Exchange.
1989
The Company was listed on Lahore Stock Exchange.
1992
The Company was listed on Islamabad Stock Exchange.
1996
Acquired the operating assets of Nishat Tek Limited and Nishat Fabrics Limited.
2005
Acquired the assets of Umer Fabrics Limited.
2008
Acquired the assets of Nishat Apparel Limited.