Company Profile

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 Companys 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

Over the Years

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.

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.

History and Development

Nishat Group

Nishat Group is one of the leading and most diversified business groups in South East Asia with fixed/
current assets of over Rs.300 billion (US$ 5 billion), it ranks amongst the top five business houses of
Pakistan. The group has strong presence in three most important business sectors of the region namely
Textiles, Cement and Financial Services. In addition, the Group also has reasonable market share in
Insurance (Adamjee and Security General), Power Generation, Paper products ( Nishat Shoaiba Paper Mills)
and Aviation ( Phonix Aviation). It also has the distinction of being one of the largest players in each sector.
The Group has a remarkable position in the market as good as any multinationals operating locally in terms
of its quality of products, services and management skills.

Textiles
Nishat Mills Limited, the flagship company of the group was established in 1951. Its annual turnover for the
year ------------ is over Rs.17 billion (US$ 283 million). NML with the production facility of 270,000 spindles,
740 looms and dyeing & printing capacity of 7 million meters (7.65 million yards) makes Nishat the largest
composite textile set up in Pakistan.

Cement
D.G. Khan Cement Company Limited (DGKCC), a unit of Nishat group, is the largest cement-manufacturing
unit in Pakistan with a production capacity of 5,500 tons clinker per day. It has a countrywide distribution
network and its products are preferred on projects of national repute both locally and internationally due to
the unparallel and consistent quality. It is listed on all the Stock Exchanges of Pakistan.
Furthermore, the Group has also set up a new cement production line of 6,700 TPD clinker
near Kalar Kahar, Distt. Chakwal, the single largest production line in the country.

Financial Services
Muslim Commercial Bank (MCB) is one of the leading banks with a deposit base of about Rs.230 billion (US$
3.8 billion). MCB with more than 1200 branches country wide is the largest private bank of Pakistan also
operating Internationally. Since its acquisition, the management has improved its financial performance and
now it is one of the most profitable banks of the nation.
MCB is also the first Pakistani bank to be enlisted at London Stock Exchange in October 2006 after attracting
US $700 million worth of demand for its US $ 150 million GDR issue.

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 Compan
1

Mian Umer Mansha

Chief Executive Officer

Mian Hassan Mansha

Chairman

Mr. Khalid Qadeer Qureshi

Director

Mr. Ghazanfar Hussain Mirza

Director

Syed Zahid Hussain

Director (Nominee NIT)

Ms. Nabiha Shahnawaz Cheema

Director

Mr. Maqsood Ahmad

Director

Nick Skillicorn

What is your definition of innovation: Turning an idea into a solution that adds
value from a customers perspective
What mistake do companies often make when they talk about it?: They talk about it
being a company value without actually putting the required level of support behind it to
make it happen. Coming up with ideas is relatively easy, fast and cheap, but then those
ideas need to be executed. This is where companies often fail, by not providing the
required level of time and budget to take a rough idea, refine it, experiment on it and
finally turn it into a real solution. Additionally, companies usually think of it just from an
internal viewpoint, such as whether they think the offering is being improved when it is
updated. In reality, if the customer doesnt perceive the changes as having value, then
they wont be compelled to purchase it. So it is all about the customers perceived value.
What simple thing can a company do to change their conversation / perspective
about it?: Flip it on its head, and look at every new thing you are trying for various
customers perspectives.

Nick is the chief editor of Idea to Value and also the CEO & Founder of Improvides
Innovation Consulting. He was voted one of the worlds top innovation bloggers for 2014
and is a leader in thought leadership on the science of improving creativity. Follow his
two twitter accounts here:

Overall strategic objectives

To enhance the profitability of
the company
To increase the overall efficiency
and productivity of the company
To become the market leader by
outshining the competitor and
be an innovative company by
introduction new ideas
To expand sales to the global
marketplace by anticipating
customer needs and develop
and maintain strong customer
base
To develop and promote the
reputation and image of the
company for its stakeholders in

specific and non stakeholders in

general
To promote awareness and best
practices about environmental
sustainability and social
responsibillity