Markets Print edition: 2016-09-20

Indus Dyeing & Manufacturing Company Limited

About the company: One of the older names in the textile industry, the Indus Group has been in textile business for over 50 years. The group's flagship company, Indus Dyeing & Manufacturing Co Limited (PSX: IDYM) was incorporated in Pakistan in July 1
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<B>About the company</B>

One of the older names in the textile industry, the Indus Group has been in textile business for over 50 years. The group's flagship company, Indus Dyeing & Manufacturing Co Limited (PSX: IDYM) was incorporated in Pakistan in July 1957 as a public limited company. Today, the firm boasts a market capitalisation of over Rs 8.35 billion.

Indus Dyeing's core business is the manufacturing and sale of yarn, which accounts for more than 90 percent of its revenue. Currently, the company has three yarn manufacturing units at Hyderabad, Karachi, and Muzaffargarh. It is also operating three ginning units, including two on leasing arrangements and two ice factories on leasing arrangements in Multan.