Service Industries Textiles Ltd
PPSX:SERT35.55
PKR
-0.45
(-1.25%)
ISIN
PK0016501014
Return %
Stock
S&P 500
1Y
-45.06
14.20
3Y
355.77
81.12
5Y
122.33
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Textiles
- Address
- Lahore Pakistan
- Website
- sitl.com.pk
- Similar Companies
- Business
- Service Industries Textiles Limited is a Pakistan-based textile manufacturing company primarily engaged in the production, processing, and sale of natural and synthetic yarn products. Founded in 1962 and headquartered in Lahore, Pakistan, the company operates within the textile spinning industry and maintains its primary manufacturing facilities on Rehman Shaheed Road in Gujrat, Punjab. The company offers a specialized portfolio of spinning solutions marketed under the A3 brand name, comprising 100% pure cotton yarn; carded and combed cotton yarn; blended cotton-synthetic yarn; polyester-cotton yarn; and varied count specifications including 20/s, 32/s, 40/s, 52/s, and 60/s counts. These products serve industrial clients, domestic weavers, knitters, home textile converters, and apparel manufacturers producing lightweight fabrics such as lawn as well as heavier household textiles across Pakistan. The company operates a spinning plant equipped with over 20,000 spindles, automated cone winding systems, and integrated power generation assets. In recent developments, Service Industries Textiles Limited has expanded its on-site renewable energy infrastructure through substantial investments in captive solar power generation to offset escalating grid electricity tariffs and optimize production costs; initiated equipment balancing, modernization, and replacement programs across its spinning lines to improve yarn yield and efficiency; and sustained an internal-cash-flow operational model with zero reliance on external debt financing to navigate domestic textile market volatility.