Business policy

Session - Winter 2019

Final Project – Synopsis
Nishat Mills Ltd
Submitted to:
Prof Fareed A Fareedy

Submitted by:
Asad Arif 17E01030
Muhammad Shahrukh Raza 17E01031
Khawaja Zain Zia 17E01043

Dated:
01 September 2019
Synopsis: Nishat Mills Limited
Nishat Mills Limited is the flagship company of Nishat Group. It is one of the most modern, largest
vertically integrated textile companies in Pakistan.

This public limited Company incorporated in Pakistan under the Companies Act, 1913 (Now Companies
Act, 2017) and listed on Pakistan Stock Exchange Limited. The Company is engaged in the business of
textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel,
buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw
cotton, synthetic fibre and cloth, and to generate, accumulate, distribute, supply and sell electricity.

Nishat has grown from a cotton export house into the premier business group of Pakistan with 5 listed
companies, concentrating on 4 core business:

 Textiles
 Cement
 Banking
 Power Generation

Today, Nishat is considered to be at par with multinational operating locally in terms of its quality
products and management skills. The company runs different business with different famous products
like Nishat Linen that has opened its outlets in major cities of Pakistan.

The textile industry occupies a pivotal position in Pakistan’s economy, accounting for 7.7% of GDP with a
significant potential for growth.

Following are the Key Performance Indicators (KPIs) of Nishat Mills:

 Annual turnover of 108 million rupees

 Earn foreign exchange of US $ 344.744 million
 Pay taxes and levis of 1861.47 million rupees annually

Here’s a list of key people working at Nishat Mills:

Mr. Mian Hassan Mansha Chairman

Mr. Mian Umer Mansha CEO
Mr. Khalid Mahmood Chohan Company Secretary
The Project:
For the basis of this study, we will be trying to understand the current situation that the
company is going through. Through questionings will be conducted to understand the procedure of the
processes involved. How the has the company been performing lately? What are the different cost
cutting methods have the company adopted to successfully streamline their operations? How often do
the board members sit to oversee the direction that is to be given to the junior staff? What was the
strategy provided by the same management and have they really achieved the objectives set earlier?
These could be some of the questions that could help us understand the company and its previous
oversight to help them make decisions for the future.

Industry analysis will also be carried out to understand the current scenario the company is
facing. Be it Geo-Political or security issues or the current laws which the government has introduced
and how are they helping or creating issues for the company and the industry as a whole.

After understanding both the internal and the external conditions of Nishat Mills, we will try to
compose a wholesome strategy to help them foresee the future and make better decisions for the
company.