Redco Textiles Limited
PPSX:REDCO27.98
PKR
+1.59
(+6.03%)
Redco Textiles Limited
PSX:REDCO
(Pakistan Stock Exchange)
Recent
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27.98
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yld
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ROIC.AI
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- Business
- Redco Textiles Limited is a Pakistan-based textile manufacturing company primarily engaged in the production and sale of yarn and greige (grey) fabric, as well as the provision of textile conversion and toll manufacturing services. The company operates through three principal business segments: Spinning, Weaving, and Power Generation. Its core product and service portfolio comprises cotton yarn, blended yarn, carded and combed yarns across varied count ranges; greige cotton cloth, blended greige fabric, twills, drills, satins, and plain weaves engineered in custom widths and densities; and weaving conversion, sizing, and warping services for third-party textile converters. Redco Textiles Limited operates an integrated manufacturing facility situated in Rawat near Rawalpindi, Punjab, equipped with approximately 16,800 spindles, high-speed Toyota air-jet looms, and captive power generation infrastructure that supports continuous manufacturing operations. The company serves industrial yarn consumers, domestic textile processors, home textile manufacturers, and export-oriented fabric buying houses. In recent operational developments, Redco Textiles Limited has focused on upgrading its weaving division through the installation and optimization of modern air-jet looms to enhance fabric quality and reduce per-unit energy consumption. To counter raw cotton supply fluctuations and surging national energy tariffs, the company has strategically expanded its toll conversion business to maximize plant capacity utilization while upgrading its captive power setup for improved thermal and operational efficiency. Founded on October 17, 1991, Redco Textiles Limited is headquartered in Islamabad, Pakistan, and trades on the Pakistan Stock Exchange under the symbol REDCO.