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Nishat Mills Limited
7, Main Gulberg
Phone: +92 4235716351p:+92 4235716351 LAHORE, 54000  Pakistan Ticker: NMLNML
Business Summary
Nishat Mills Limited is a vertically integrated textile company. The Company is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling, and dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fiber, and cloth and to generate, accumulate, distribute, supply, and sell electricity. It operates through six segments: Spinning, Weaving, Dyeing, Home Textile and Terry, Garments, and Power Generation. Its Spinning segment is engaged in producing different quality of yarn, including dyed yarn, and sewing thread using natural and artificial fibers. Its Weaving segment offers different qualities of greige fabric using yarn. Its Dyeing segment offers dyed fabric using different qualities of greige fabric. Its Home Textile and Terry segment offers home textile articles using processed fabric produced from greige fabric and manufacturing of terry and bath products.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20246/30/2024Yes----

Industries
SIC Code Description
2269 Finishers of textiles, not elsewhere classified
2281 Yarn spinning mills
2211 Broadwoven fabric mills, cotton
2824 Manmade organic fibers, except cellulosic
2262 Finishers of broadwoven fabrics of manmade fiber and silk
4911 Electric services
7011 Hotels and motels

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board HassanMansha 4/10/2014
Chief Executive Officer, Executive Director UmerMansha 4/4/2016 9/8/2007
Chief Financial Officer MuhammadAzam 1/1/2019 3/31/2014
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Nishat Mills Limited
NML

General Information
Number of Employees: 27,776 (As of 6/30/2024)
Outstanding Shares: 351,599,848 (As of 9/30/2024)
Shareholders: 13,209
Stock Exchange: PSX
Fax Number: +92 4235716349


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Wednesday, November 20, 2024