Nishat Mills has unveiled a broad expansion plan covering renewable energy, textile production, and agribusiness, signalling a major push to diversify and strengthen its business base.
Under the plan, the company will install an additional 4 MW of solar power, supplementing its existing solar capacity. Alongside this, NML is planning to deploy a 45-ton-per-hour steam boiler and battery-storage systems to enhance energy efficiency and reduce reliance on conventional grid electricity.
On the textile front, Nishat Mills aims to expand its open-end yarn production by adding 3,000 new rotors, raising total rotor capacity to 13,000, and thereby boosting yarn output significantly. The company is also constructing a new workwear garments unit, with a pilot already underway and full commissioning expected in the current fiscal year.
In agribusiness, NML plans to deepen its investment in its dairy subsidiary, Nishat Sutas Dairy Limited, the board has approved up to Rs 5 billion for the unit, of which Rs 3.9 billion had already been deployed as of June 2025.
The management acknowledged that the current fiscal year may be “slightly challenging” due to competitive pressures, but said that diversification into denim, technical textiles, and the expansion across energy and agribusiness would help protect margins and reduce risk — especially given shifting global tariff regimes and competitive export markets.
On the agribusiness front, NML has approved up to Rs. 5 billion for Nishat Sutas Dairy Limited, of which Rs. 3.9 billion has been invested as of June 2025.
