Ashfaq Textile Mills Limited
PPSX:ASHT36.01
PKR
-1.40
(-3.74%)
Ashfaq Textile Mills Limited
PSX:ASHT
(Pakistan Stock Exchange)
Recent
price
36.01
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Ashfaq Textile Mills Limited is a Pakistan-based textile manufacturing and exporting company primarily engaged in the manufacturing, weaving, finishing, and marketing of yarn, greige fabric, processed textiles, and value-added home textile made-ups. The company operates through integrated weaving and textile processing units, offering a broad portfolio of products and services that includes: greige fabrics, comprising plain weave, twill, drill, satin, dobby, and herringbone weaves produced from 100% cotton, polyester-cotton (PC) blends, chief value cotton (CVC), and modal yarns; processed and finished fabrics, including bleached, continuous dyed, rotary printed, and custom-finished textiles for garment manufacturing and home furnishing; home textile products and made-ups, encompassing bed sheets, fitted sheets, duvet covers, pillowcases, quilt sets, bed skirts, valances, curtain fabrics, and institutional linen; institutional and commercial textiles, such as hospital bed sheets, patient gowns, hotel linens, and heavy-duty workwear fabrics; and textile conversion services, including warping, sizing, weaving preparation, and custom commission weaving for external textile converters. Ashfaq Textile Mills Limited serves a diverse clientele consisting of domestic apparel makers, commercial wholesalers, institutional buyers, and international retail brands across Europe, North America, the Middle East, and Asia. In recent operational developments, the company has undertaken strategic modernizations to enhance production efficiency and address industry-wide energy supply pressures, including the integration of modern high-speed air-jet looms to replace legacy shuttleless machinery, expanding its captive solar power generation capacity to lower grid energy dependencies and reduce carbon intensity, upgrading wet processing capabilities to align with global environmental and OEKO-TEX certification standards, and shifting strategic focus toward higher-margin, value-added export collections in the home textile and institutional linen segments. Founded in 1988 and converted to a public limited company the same year, Ashfaq Textile Mills Limited is headquartered in Faisalabad, Pakistan, with manufacturing facilities located in the industrial hubs of Faisalabad.