Fazal Cloth Mills Limited
PPSX:FZCM258.96
PKR
-16.54
(-6.00%)
ISIN
PK0014901018
Return %
Stock
S&P 500
1Y
-3.91
14.20
3Y
112.09
81.12
5Y
3.58
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
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Rehman Naseem
- Full Time Employees
- 5,620
- Sector
- Process industries
- Industry
- Textiles
- Address
- Multan Pakistan
- IPO Date
- Oct 10, 1988
- Website
- fazalcloth.com
- Similar Companies
- Business
- Fazal Cloth Mills Limited (PSX: FZCM) is a Pakistan-based textile manufacturing company primarily engaged in the production and sale of premium quality yarn and greige fabric. The company operates through two principal business segments: Spinning and Weaving. Its comprehensive product portfolio includes Spinning Products, comprising carded, combed, and compact ring-spun yarns; core-spun and Lycra-stretch elastane yarns; slub, Siro, and zero-twist yarns; plied yarns; specialty fibers manufactured from Supima, Giza, certified organic, and Better Cotton Initiative (BCI) cotton; as well as engineered blend variants including polyester-cotton, modal-cotton, viscose-cotton, and bamboo-cotton yarns; and Weaving Products, comprising plain sheetings, poplins, percales, twills, drills, satins, stripe satins, bull denim, canvas, matt structures, institutional fabrics, technical workwear textiles, and interior furnishings. Fazal Cloth Mills Limited serves domestic converters, garment manufacturers, and institutional clients, while maintaining an established export network across Asia, Europe, and North America, including key markets in China, Japan, Germany, Italy, Belgium, and the United States. In recent corporate and strategic developments, the company executed the formal corporate amalgamation of its wholly owned subsidiary, Fazal Weaving Mills Limited, into parent entity Fazal Cloth Mills Limited, consolidating all weaving assets directly onto the parent balance sheet to enhance operational synergies, streamline governance, and optimize capacity utilization. Broadening its strategic footprint, the company joined a select corporate consortium that submitted an Expression of Interest (EoI) to acquire a 51% to 100% controlling stake in Islamabad Electric Supply Company (IESCO) under the government's utility privatization framework. Additionally, to mitigate industrial energy cost volatility and achieve decarbonization objectives, the company has expanded its captive renewable energy footprint through the deployment of over 30 megawatts of industrial solar photovoltaic installations, complemented by ongoing investments in modern effluent treatment facilities and advanced ring-spinning and air-jet weaving technologies. Founded on May 14, 1966, and operating under the joint sponsorship of the Fazal Group and Fatima Group, Fazal Cloth Mills Limited operates manufacturing facilities located in Muzaffargarh and Multan, and is headquartered in Multan, Pakistan.