Towellers Ltd.
PPSX:TOWL120.34
PKR
-2.43
(-1.98%)
ISIN
PK0073301019
Return %
Stock
S&P 500
1Y
-24.49
14.20
3Y
-22.37
81.12
5Y
22.76
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
- Sector
- Consumer non-durables
- Industry
- Apparel/Footwear
- Address
- Karachi Pakistan
- IPO Date
- Mar 28, 1995
- Website
- towellers.com
- Similar Companies
- Business
- Towellers Limited is a Pakistan-based textile manufacturing and exporting company engaged in the production and distribution of terry products, knitted garments, home textiles, and specialized institutional linens. Founded in 1973 and headquartered in Karachi, Pakistan, the company operates vertically integrated production facilities encompassing knitting, weaving, bleaching, dyeing, finishing, cutting, embellishing, stitching, and packaging. Towellers Limited structures its commercial offerings across four primary product categories: Terry Products, Knitted Apparel, Home and Institutional Textiles, and Baby Products. Its Terry Products portfolio comprises bath towels, hand towels, face cloths, bathrobes, bath mats, and beach towels featuring dobby, cam border, jacquard, embroidered, printed, and solid-dyed finishes; its Knitted Apparel division manufactures casual wear, activewear, basic and fashion knitwear, crew neck T-shirts, pique polo shirts, henleys, hoodies, fleece sweatshirts, and thermal garments; its Home and Institutional Textiles segment produces flat and fitted bedsheets, knit bedding sets, pillowcases, duvet covers, kitchen linens, woven blankets, and heavy-duty institutional textiles designed for hospitality and healthcare environments; and its Baby Products line offers infant apparel, hooded towels, receiving blankets, bibs, and nursery bedding accessories. The company distributes its products worldwide to institutional buyers, hotel chains, healthcare providers, and retail hypermarkets across more than 20 countries, with major export markets located in the United States, Europe, and South America. In recent operational developments, Towellers Limited has integrated extensive rooftop solar power generation systems across its production facilities to reduce fossil fuel dependency and cut natural gas consumption by approximately 40%, upgraded its knitting and stitching lines through balancing, modernization, and replacement initiatives to expand value-added garment capacities, and expanded its portfolio of sustainable textile lines certified under the Better Cotton Initiative, Global Organic Textile Standard, Global Recycled Standard, Recycled Claim Standard, and OEKO-TEX frameworks.