Hira Textile Mills Limited
PPSX:HIRAT5.11
PKR
-0.20
(-3.77%)
ISIN
PK0083301017
Return %
Stock
S&P 500
1Y
-0.97
14.20
3Y
245.27
81.12
5Y
42.74
68.34
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.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Mohammad Naveed Tariq
- Sector
- Process industries
- Industry
- Textiles
- Address
- Raiwind Pakistan
- IPO Date
- Feb 20, 2007
- Website
- hiratex.com.pk
- Similar Companies
- Business
- Hira Textile Mills Limited is a Pakistan-based textile manufacturing company primarily engaged in the production, processing, and distribution of cotton and synthetic blended yarns. Founded in 1991 and headquartered in Lahore, Pakistan, the company operates integrated spinning and yarn-dyeing facilities situated in the Punjab province and functions as a key entity of the Hira Group alongside its associate, Hira Terry Mills Limited. Hira Textile Mills Limited offers a specialized range of products and services for knitting, weaving, home textile, and apparel sectors, comprising: 100% carded and combed ring-spun cotton yarns; compact yarns; slub, injected, and fancy novelty yarns; core-spun elastane and Lycra stretch yarns; polyester-cotton and synthetic blended yarns; melange and dyed yarns; as well as customized package dyeing, commission spinning, and yarn processing services. The company serves both domestic textile mills and international export clients across Asia, Europe, and the Americas. In recent operational and financial developments, Hira Textile Mills Limited has pursued strategic restructuring initiatives aimed at stabilizing operations and preserving cash flows, including the expanded deployment of toll-manufacturing and commission processing arrangements to sustain plant utilization, active debt reprofiling and settlement frameworks with lending institutions, and the progressive integration of captive solar power generation to offset rising energy tariffs.