Nishat Group is one of the leading and most diversified business groups in South East Asia with fixed/ current assets of over Rs.300 billion (US$ 5 billion), it ranks amongst the top five business houses of Pakistan. The group has strong presence in three most important business sectors of the region namely Textiles, Cement and Financial Services. In addition, the Group also has reasonable market share in Insurance (Adamjee and Security General) , Power Generation, Paper products ( Nishat Shoaiba Paper Mills) and Aviation ( Phonix Aviation). It also has the distinction of being one of the largest players in each sector. The Group has a remarkable position in the market as good as any multinationals operating locally in terms of its quality of products, services and management skills.
Nishat Mills Limited, the flagship company of the group was established in 1951. Its annual turnover for the year ------------ is over Rs.17 billion (US$ 283 million). NML with the production facility of 270,000 spindles, 740 looms and dyeing & printing capacity of 7 million meters (7.65 million yards) makes Nishat the largest composite textile set up in Pakistan.
D.G. Khan Cement Company Limited (DGKCC), a unit of Nishat group, is the largest cement-manufacturing unit in Pakistan with a production capacity of 5,500 tons clinker per day. It has a countrywide distribution network and its products are preferred on projects of national repute both locally and internationally due to the unparallel and consistent quality. It is listed on all the Stock Exchanges of Pakistan.Furthermore, the Group has also set up a new cement production line of 6,700 TPD clinker near Kalar Kahar, Distt. Chakwal, the single largest production line in the country.
Muslim Commercial Bank (MCB) is one of the leading banks with a deposit base of about Rs.230 billion (US$ 3.8 billion). MCB with more than 1200 branches country wide is the largest private bank of Pakistan also operating Internationally. Since its acquisition, the management has improved its financial performance and now it is one of the most profitable banks of the nation.MCB is also the first Pakistani bank to be enlisted at London Stock Exchange in October 2006 after attracting US $700 million worth of demand for its US $ 150 million GDR issue.