Dewan Farooque Spinning Mills Limited
PPSX:DFSM14.74
PKR
-0.50
(-3.28%)
Dewan Farooque Spinning Mills Limited
PSX:DFSM
(Pakistan Stock Exchange)
Recent
price
14.74
P/E
ratio
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div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Dewan Farooque Spinning Mills Limited is a Pakistan-based textile manufacturing company primarily engaged in the production, processing, and sale of fine-quality textile yarns, as well as the provision of contract manufacturing and toll conversion services. Operating as a member of the Yousuf Dewan Companies (formerly Dewan Mushtaq Group), the company serves industrial clients across the domestic weaving, knitting, and fabric manufacturing sectors. The company's core product offerings and industrial services include fine and medium count cotton yarns; combed and carded ring-spun yarns; compact yarns produced via Rieter Com4 technology; polyester-cotton and synthetic blended yarns; and toll spinning services for third-party raw materials. The company operates a manufacturing facility with an installed capacity of 28,800 spindles located in Phool Nagar, Kasur District, Punjab, and maintains its corporate headquarters in Karachi, Pakistan. Incorporated in 2003, Dewan Farooque Spinning Mills Limited supplies fabric mills and textile exporters across Pakistan. In recent operational and financial developments, the company has strategically shifted its operational structure to emphasize contract-based conversion and toll manufacturing to maintain facility utilization and mitigate raw material working capital pressures. Concurrently, the company is actively pursuing debt restructuring and financial settlement plans with a consortium of lending banks, supported by ongoing operational and liquidity backing from its principal sponsor group to sustain business continuity.