Alhaj Textile Mills Limited
DDSE:AL-HAJTEX73.90
BDT
-0.60
(-0.81%)
Alhaj Textile Mills Limited
DSE:AL-HAJTEX
(Dhaka Stock Exchange)
Recent
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73.90
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Alhaj Textile Mills Limited is a Bangladesh-based textile manufacturing enterprise primarily engaged in the spinning, production, and distribution of cotton yarn and synthetic blended yarns for the domestic apparel, knitting, and weaving sectors. Founded in 1961 and headquartered in Dhaka, Bangladesh, with manufacturing and spinning facilities located in Ishwardi, Pabna District, the company operates within the consumer discretionary sector, specifically in textiles and apparel manufacturing. The company's product portfolio and core offerings include various counts of carded and combed cotton yarn, including 32/1, 40/1, 50/1, 60/1, and 80/1 count cotton yarns; synthetic and blended yarns engineered for specialized knitting and hosiery applications; raw cotton processing and ring-spinning services; and tailored textile yarn supplies serving local ready-made garment (RMG) exporters, commercial fabric knitters, and traditional handloom weavers across Bangladesh. In recent developments, Alhaj Textile Mills has undergone substantial corporate governance and operational restructuring, guided by regulatory directives from the Bangladesh Securities and Exchange Commission (BSEC) to reconstitute its Board of Directors and revitalize dormant industrial assets. To restore sustainable operations, the company has engaged in strategic debt settlement negotiations and financial restructuring agreements with state-owned lenders including Agrani Bank, worked to resolve historical operational liabilities with the Bangladesh Textile Mills Corporation (BTMC), and commenced balancing, modernization, replacement, and expansion (BMRE) initiatives across its Ishwardi production facility to upgrade legacy spinning equipment, improve capacity utilization, and resume full-scale commercial yarn production.