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Saif Textile Mills Limited (Pakistan)

Main Activities: Fabric Mills
Full name: Saif Textile Mills Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

SAIF Textile Mills Ltd (STM), a Public Listed Company on the Karachi Stock Exchange commenced commercial production on 1st January 1992. It is principally engaged in the manufacture and sale of Compact Cotton and Synthetic Yarn.
SAIF Textiles is uniquely positioned at the premium segment of the market. We process the finest Egyptian (GIZA) and US (PIMA) raw material for Italian luxury brands. We have developed a loyal customer base in Europe, the Far East and the Middle East with over 50 % of our production being exported to these regions.
SAIF Textiles has Pakistan’s largest installation of Rieter ComforSpin K – 44 ring frames for manufacturing Compact Yarn, and is a pioneer in the manufacture of premium yarns for the Italian luxury shirting sector.
SAIF Textiles is one of only two manufacturers in Pakistan authorized to use the Swiss “Com 4” (Rieter Machine Works) label, a global indicator of excellence in quality. Our world - class quality and manufacturing procedures are validated by international accreditation agencies. A SUPIMA® licensee, we are ISO 9002 certified, while the process for ISO 14001, SA 8000 and GIZA® certifications are at an advanced stage.
With an installed capacity of 88 476 spindles, we manufacture and market over 20 Million Kgs of Compact Com4 Yarn, combed cotton, carded cotton and synthetic yarn annually. Our product range covers Rieter Com4 Compact Yarn, Ne 40/s and finer; Carded and Combed Yarn, Ne 13/s – 120/s; and synthetic and blended yarn, Ne 18/s – 60/s.
Exceptional quality is guaranteed through a select combination of modern European and Japanese machinery supported by a sophisticated in-house laboratory and stringent quality control systems.
These include Rieter and Trützschler Blow Rooms & Cards, Jossi Vision Shield for contamination sorting, Rieter E-62 Combers, Rieter K-44 Compact Ring Frames, Savio and Murata Winders enhanced with Loepfe and Uster Quantum Clearers, Xorella Yarn Conditioner and Sangrato (Italy) Automatic Palletizing.

Headquarters
4Th Floor, Kashmir Commercial, Complex 1032-E, Fazal-E-Haq Road, Blue Area
Islamabad; Pothohar Plateau;

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Website: http://www.saiftextile.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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37.979%
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0.015%
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0.003%
Company Performance
Financial values in the chart are available after Saif Textile Mills Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PKR. Absolute financial data is included in the purchased report.
Net sales revenue
14.85%
Total operating revenue
12.79%
Operating profit (EBIT)
672.1%
EBITDA
234.42%
Net Profit (Loss) for the Period
53.28%
Total assets
-1.91%
Total equity
14.6%
Operating Profit Margin (ROS)
8.19%
Net Profit Margin
5.68%
Return on Equity (ROE)
9.26%
Debt to Equity Ratio
-61.34%
Quick Ratio
-0.07%
Cash Ratio
0%

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