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.
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
D.G. Khan Cement
Company Limited (DGKCC), a unit of Nishat group, is
the largest cement-manufacturing unit in
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.
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
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.