Financial Analysis

INTRODUCTION OF NISHAT MILLS LIMITED
NML is the flagship company of the Nishat Group; Nishat Mills Limited is one of the largest vertically integrated textile companies in Pakistan. In 2011, the firm completed 50 years of being listed on the Karachi Stock Exchange, and has been a force to be reckoned with in the Textile Industry. The company owns 198,120 spindles along with 655 Air-jet looms, two stitching units for home textile as well as one for garments, making it one of the most modern textile manufacturers in the country.
  * A Nishat Mills Limited is an export-oriented organization. NML exports more than 90% of its products mainly to the Far East, Europe and United States. The Company’s total export for the year 2012 was Rs. 34.65 billion.
  * NML Revenue for the year 2012 =35.28bn
  * Net Sales year 2012(Rs in thousands): 44,924,101
                                    (Source: Annual Report Profit and Loss Statement 2012 Page # 36)
  * No. Of Employees : 13,064 approx
BUSINESSES OF NISHAT MILLS LIMITED
The Company operates in six business segments:
  * SPINNING
    Spindles                             = 198120
    Spinning units                   = 8
    Production capacity       =185 tons/ day for both cotton & blended yarns.
  * WEAVING
      Air jet Looms                 =670
      Production capacity     =9 million meters of fabric /month.
  * PROCESSING
    Production capacity     = 90 million meters of fabric per annum.

  * GARMENTS
    High end sewing machines     = 1627
    Production Capacity               = 7020 million garments / annum.
    Stitching Unit                           = 1
  * HOME TEXTILE
    New generation sewing machines= 938
    Home textile units                         = 2
    Production Capacity                       = 24 million meters/annum.
  * POWER GENERATION
    Capacity                                             =89 MW
    Fuel for power generation             = Gas,... [continues]

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