Sunrays Textile Mills Ltd.
PPSX:SUTM109.00
PKR
0.00
(0.00%)
ISIN
PK0057601012
Return %
Stock
S&P 500
1Y
-25.31
14.20
3Y
18.11
81.12
5Y
-58.62
68.34
Capital Structure
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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.Company Description
- CEO
- Kashif Riaz
- Full Time Employees
- 818
- Sector
- Process industries
- Industry
- Textiles
- Address
- Karachi Pakistan
- IPO Date
- Aug 27, 1987
- Website
- indus-group.com
- Similar Companies
- Business
- Sunrays Textile Mills Limited is a Pakistan-based textile manufacturing company primarily engaged in the production, processing, and sale of premium yarn products. Operating as a key member of the Indus Group of Companies, the entity manufactures and supplies an extensive portfolio of ring-spun and specialty textile yarns, including: 100% carded and combed cotton yarn; mélange yarn in diverse shades and blended compositions; compact spun yarn; extra-long staple Pima and Egyptian Giza cotton yarn; synthetic and blended yarn comprising polyester-cotton and poly-viscose; slub-effect yarn; multi-fold and twisted yarn; and customized value-added yarns engineered for high-grade circular knitting, flat knitting, and weaving applications. The company procures raw cotton domestically within Pakistan and imports premium fiber from international markets including the United States, Egypt, Australia, and Brazil, maintaining quality standards aligned with Uster international benchmarks. Sunrays Textile Mills Limited serves downstream fabric and apparel manufacturers domestically as well as across export markets throughout Asia, Europe, and North America. Founded on August 27, 1987, the company is headquartered in Karachi, Pakistan, and operates its primary spinning and manufacturing facilities in Khanpur Shumali, District Muzaffargarh, Punjab. In recent developments, the company has executed targeted balancing, modernization, and replacement (BMR) programs across its spinning lines to enhance spindle productivity, reduce conversion costs, and improve manufacturing efficiencies. To counter rising industrial grid tariffs and mitigate energy supply disruptions, the company has expanded its captive renewable power footprint by commissioning on-site solar photovoltaic generation capacity financed under the State Bank of Pakistan's renewable energy refinance scheme, while progressively optimizing its sales mix toward higher-margin compact, slub, and specialized mélange yarn categories.