COMPANY PROFILE
Vision Statement
The Kohinoor Textile Mills Limited stated vision is to achieve and then remain as the most progressive and profitable Company in Pakistan in terms of industry standards and stakeholders interest.
Mission Statement
The Company shall achieve its mission through a continuous process of having sourced, developed, implemented and managed the best leading edge technology, industry best practice, human resource and innovative products and services and sold these to its customers, suppliers and stakeholders.
Company Profile & Principal Business Activities
Kohinoor Textile Mills Limited (“The Company”) commenced Textile Operations in 1953 as a Private Limited Company and transited into a Public Limited Company in 1968.
In pursuit of sustainable growth, the Company has strategically embraced a policy of horizontal integration encompassing spinning, weaving, processing, and home textiles activities with the aim of addressing the dynamic challenges posed by market. At present, the Company’s spinning production facilities comprise 180,144 ring spindles, 768 MVS Spindles, 3,648 open end rotors capable of spinning a diverse range of yarn counts using cotton and synthetic fibers at Rawalpindi and Gujjar Khan along with 384 looms at Raiwind capable of weaving a wide range of griege fabrics. The processing facilities at the Rawalpindi unit are capable of dyeing and printing fabrics intended for the home textile market. The stitching facilities contribute to the production of a diverse range of home textiles for export. Both the dyeing and stitching facilities are being augmented to take advantage of greater market access. Moreover, all three sites are fully equipped laboratory facilities for quality control and process optimization.
At Kohinoor Textile Mills Limited, we are steadfastly committed to sustainability initiatives. Our projects involve the micro grid systems (SACADA & third party controller), coal boiler on biomass fuel, ultrafiltration & sewage treatment plants and rain water harvesting lake. This endeavor signifies our dedication to responsible water management, allowing us to harness nature’s gift for our operational needs. By capturing and storing rainwater, we aim to reduce our reliance on external water sources and contribute to conserving this precious resource.
On the other hand, in terms of reducing carbon footprint, producing 30MW of electricity through solar energy rather than furnace oil leads to an estimated decrease of around 57.48 Million pounds (equivalent to 28,740 tons) of carbon dioxide emissions annually.
The Company is a public limited company incorporated in Pakistan under the Companies Act, 1913 (now the Companies Act, 2017) and listed on Pakistan Stock Exchange Limited. The Registered Office/Head Office of the Company is situated at 42-Lawrence Road, Lahore.
The principal activity of the Company is manufacturing of yarn and cloth, processing and stitching the cloth and trade of textile products.
Manufacturing Units:
1. Spinning and Home Textiles Peshawar Road, Rawalpindi.
2. Spinning Gulyana Road, Gujar Khan, Distt. Rawalpindi.
3. Weaving 8-K.M. Manga Raiwind Road, District Kasur
LEADING EDGE PRODUCTION CAPABILITIES
The Company has been investing heavily in Information Technology, training of its human resources and preparing its management to meet the challenges of market integration. The Company continues to ensure that its current competitive position is maintained as well as supporting the ongoing improvement process in an endeavor to maintain world’s best manufacturing practice. Operations of the Company are subject to different environmental and labour laws. The Company is fully complying with all applicable environmental, labour, corporate and other relevant legal laws.
Company Information
Company Status: PIC – Public Interest Company
Company Registration No. / CUIN: 0002805
Registration Date: 31-12-1968
National Tax Number (NTN): 0658187-7
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Subsidiaries / Associated Companies
Maple Leaf Cement Factory Limited (MLCFL) was incorporated in Pakistan on 13 April 1960 under the Companies Act, 1913 (now the Companies Act, 2017) as a public company limited by shares. The Company is listed on Pakistan Stock Exchange. The cement factory is located at Iskanderabad District Mianwali in the province of Punjab. The principal activity of the Company is production and sale of cement. The Company is a subsidiary of Kohinoor Textile Mills Limited (“the Holding Company”).
Maple Leaf Capital Limited (MLCL) was incorporated in Pakistan on 25 April 2014 under the Companies Ordinance 1984 (now the Companies Act, 2017) as a public company limited by shares. The principal object of MLCL is to buy, sell, hold or otherwise acquire or invest its capital in any sort of financial instruments. MLCL is a subsidiary of KTML.
Maple Leaf Power Limited (MLPL) a wholly owned subsidiary of MLCFL, an unlisted public limited company, has established a 40 MW Coal Fired Power Plant at Iskanderabad, District Mianwali which has successfully started its commercial production on 12th October 2017. The project was completed within budget and as per the planned timelines. The principal activity of MLPL is to generate, purchase, transform, distribute and supply electric power to MLCFL. The project has added another reliable and inexpensive source of power compared to the national grid and has reduced dependency on the same. Project has provided a cushion against current bullish trend in furnace oil prices and is the cheapest source of electricity after waste heat recovery plant.
Novacare Hospitals (Private) Limited (the “Novacare”) was incorporated on March 21, 2023 as a private company limited by shares having its Registered Office at No. 7, Street 589, G-13/2, Islamabad. The principal activity of Novacare is to establish a state-of-the-art hospital at Phase 5, Defence Housing Authority, Islamabad and hospitals at other larger cities of Pakistan, particularly Karachi and Lahore
AGRITECH LIMITED Agritech plant is located about 50 kilometres toward North of Mianwali city. Its location is strategically important from marketing point of view. Major portion of production is sold in 150~200 kilometres radius thus giving clear advantage over the competitors. Also, it is the closest plant to fertilizer consuming areas of Khyber Pakhtunkhwa Province. The main business of the company is the manufacturing and marketing of fertilizers. The company owns and operates the country’s newest and most efficient urea manufacturing plant at Mianwali. The company also manufactures SSP (Single Super Phosphate) at its plant at Haripur Hazara, which is the largest Single Super Phosphate (SSP) manufacturing plant in the country. Having achieved the company’s strategic goal to become a diversified fertilizer manufactures producing both nitrogenous and phosphatic fertilizers, the Company’s products are sold under one of the most celebrated and trusted brand name “Tara” in the fertilizer market.