Nishat Mills Presentation

Post on 20-Feb-2015

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FINANCIAL ANALYSIS OF

NISHAT MILLS LTD.

Presented to:

Mr. Yawar Hakim

PRESENTED BY:MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837MUHAMMAD SALMAN SIDDIQUIBME/837

Vision Statement

To transform the Company into a modern and dynamic yarn, cloth and processed cloth and finished product manufacturing Company with

highly professionals and fully equipped to play a meaningful role on sustainable basis in the

economy of Pakistan.

To transform the Company into a modern and dynamic power generating Company with highly

professionals and fully equipped to play a meaningful role on sustainable basis in the

economy of Pakistan.

Mission Statement

To provide quality products to customers and explore new markets to

promote/expand sales of the Company through good governance and foster a sound and

dynamic team, so as to achieve optimum prices of products of the Company for sustainable and equitable growth and prosperity of the

Company.

CONCLUSIONS

Nishat Textile is considered to be the leading organization in the field of textile. The name Nishat has become has become a symbol of quality and standard. The quality of cloth is dependent of textile yarn to finished cloth.

All the sub department of processing like bleaching, dyeing, printing, and finishing are working under laboratory instructions so laboratory is playing role of executive in quality control.

CONCLUSIONS

The customer satisfaction is a basic criterion of Nishat Textile.  They are producing good quality products and 80% products are exported.  

Nishat has  also  a  big  share  in  local  market.  Local  marketers  are performing their jobs efficiently to enhance the sales and to satisfy the customers however in local market quality is lower then export market.  

If we turn to human resource department we see that there are certaingaps in human resources management of Nishat Textile.

CONCLUSIONS

Nishat textile has the ability to produce what their customers want through excellent machinery and skilled workers in processing department and qualified marketing staff.  But  there  are  problems  regarding  human resource  management  and  financial management. 

RECOMMENDATIONS / SUGGESTIONS Here are some suggestions that may help the

organization to improve. In processing department there is a need of

skilled workers. They will really improve the quality of designs

and will introduce more innovative designs. Expanding product lines that will give more

variety to people of country could extend local marketing and ultimately sales would be increased.

RECOMMENDATIONS / SUGGESTIONS Compensation and reward system should

be brought at higher level in order to let the employees be motivated and happy. 

They should go for open retail outlets in gulf.

REFERENCES

Web:• www.nishatmills.com• www.wikipedia.com• www.investopedia.com Annual Report of Nishat Textile Mills Ltd. Marketing Department

FEEL FREE TO ASK IF YOU HAVE

QUESTION ?

THANKS TO ALL OF YOU