Azgard Nine Limited
8.30
PKR
-0.04
(-0.48%)
ISIN
PK0075101029
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Ahmed Humayun Shaikh
- Full Time Employees
- 10,839
- Sector
- Process industries
- Industry
- Textiles
- Address
- Lahore Pakistan
- IPO Date
- Mar 9, 2010
- Website
- azgard9.com
- Similar Companies
- Business
- Azgard Nine Limited is a Pakistan-based vertically integrated textile company specializing in the manufacturing and export of denim yarn, fabrics, and ready-made apparel. Founded in 1992 and headquartered in Lahore, Pakistan, the company operates integrated production facilities encompassing spinning, weaving, garment stitching, and advanced finishing processes. Azgard Nine Limited provides a comprehensive portfolio of products and industrial solutions, including yarn manufacturing, which produces open-end yarns, ring-spun yarns, slub yarns, core-spun stretch yarns, and multi-count blended cotton yarns; denim fabric production, which supplies rigid denim, comfort stretch, bi-stretch, cross-hatch, coated, tinted, and recycled-fiber denim fabrics; garment manufacturing, which designs and stitches men's, women's, and children's jeans, jackets, skirts, shorts, and casual wear; and specialized garment processing services, which encompass sustainable laundry washes, automated laser etching, ozone finishing, vintage distressing, and garment dyeing. The company distributes its products to global apparel brands and retail chains across key export markets in Europe, North America, the United Kingdom, and Asia, as well as the domestic Pakistani market. In recent developments, Azgard Nine Limited has executed major financial restructuring and debt settlement schemes sanctioned by the courts and creditor consortia to restructure legacy liabilities and optimize its capital structure. Furthermore, the company has undertaken strategic operational modernizations, incorporating automated cutting and stitching lines, energy-efficient machinery, industrial water-recycling systems, and rooftop solar power installations across its production facilities to enhance manufacturing efficiency, lower operational costs, and expand sustainable production capabilities.