Nishat Group


Nishat Group is a Pakistani multinational conglomerate company which was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mian Muhammad Mansha is the current chairman of the group which is based in Lahore, Pakistan.
The company is listed on all three stock exchanges of Pakistan.

History

The company was founded by Mian Yahya, later the ownership was under Mian Mansha. Nishat Mills Faisalabad was the first textile mill.

Companies

Nishat Group is one of largest conglomerate companies of Pakistan. Some companies which group owns are:

Listed on Stock exchange

Following are the companies which are listed on Pakistani stock exchanges:
DG Khan is a major Pakistani cement manufacturer which the group acquired in 1992 under privatization scheme. It has three active plants in the country. It generates around Rs. 2.2 billion per year. It has a production capacity of 24,000 tons per day.

MCB Bank

MCB Bank is one of the four largest banks of Pakistan. It is considered as 'Big 4' of Pakistan. The bank was incorporated by Adamjee Group and it was nationalized by then Prime Minister Zulfikar Ali Bhutto. In 1990s, it was privatized by then Prime Minister Nawaz Sharif's government and came under Nishat Group.
In 2015, the bank generated around ₨66.43 billion which makes it one of the well performing banks of Pakistan.

Nishat Chunian

Nishat Chunian Group was incorporated in 1990 to diversify the business of Nishat Group. Today, Nishat Chunian Group consists of four companies – Nishat Chunian Limited, Nishat Chunian Power Limited, Nishat Chunian USA Inc. and Nishat Chunian Electric Corporation Ltd..

Lal Pir Power

Nishat Automobile

In February 2017, it was announced that both companies are venturing to assemble cars in Pakistan.
In March 2017, it was announced that Nishat Group will setup their first plant in Faisalabad, Pakistan which will assemble electric cars. Nishat Group will have 42% stake in the venture.

Unlisted

Following are the companies which are not listed on Pakistani stock exchanges: