Internship Report of Nishat Mills Ltd.

Shafaq Mustafa Khan

NISHAT MILLS LIMITED

INTERNSHIP REPORT SPRING:

2014

NISHAT MILLS LIMITED BHIKKI SUBMITTED BY STUDENT ID: MC120401511 STUDENT NAME: SHAFAQ SHAFAQ MUSTAFA MUSTAFA KHAN KH AN SESSION SUBMISSION DATE 18TH Augu!" 2014

VIRTUAL UNIVERSITY OF PAKISTAN

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Shafaq Mustafa Khan















Shafaq Mustafa Khan

First of all I want to say Thanks a lot to Almighty Almighty Allah Allah who is most !n!fi"ial an# $!r"if%l&

'!#i"ation( I want to dedicate my all achievements to my parents. I further want to dedicate my work to all those persons including my teachers from my school level till university level and then all the teachers at Nishat mills Limited who help me out throughout my life who teach me that how to face the realities of life and attain your own goal by hard work, by competing to others and by justice.















Shafaq Mustafa Khan

Tal! of )ont!nt( •

A"knowl!#g!m!nt ***********************& +,

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O%r Vision**************************& +-

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O%r $ission ************* ***********************&*& **********&*&&& +-

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E.!"%ti/! s%mmary ************* *********************&& ********&& 0+

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Intro#%"tion****&&***&****************& 00

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1i!rar"hy****&&********************&

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T!.til! E.3ort R!/i!w*****************&***04

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5%sin!ss Vol%m!********************** 06

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'!3artm!nts of N$L *******************&&& 77

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T!.til! E.3ort R!/i!w *******************&& 76

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$y int!rnshi3 ran"h*******************&& 66

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L!arning E.3!ri!n"!******************** 62

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$y Int!rnshi3 Program& ***************&***&72

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S8OT analysis***********************2+

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)on"l%sion**********************&**22

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R!"omm!n#ations*********************22

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Shafaq Mustafa Khan

A"knowl!#g!m!nt( I want to explain that I have completed my internship at Nishat Mills limited which was on !th of May !"# and completed on !$th of %une!"# by the grace of &lmighty &LL&'. I am very much grateful g rateful to &lmighty &lmighty &llah that by the grace of 'im I have completed this internship and learn a many new, informative informative and many of activities regarding office environment and practical work of all these working which I have done during my study time period. I feel much obliged to &lmighty &llah first of all then to my (arents whose prayers and good wishes for me enabled me to gain this status. I am much grateful to all my teachers for seeking guidance, g uidance, advices and all the instructions during my study study time time period over here.

I specially want to thanks a lot lot to the staff at Nishat

Mills limited limited that they enabled me to accomplish accomplish this task which are namely namely as. 

Mr. Muhammad &mir )aki

&ccounts and finance manager Nishat mills Limited *hikki 

Mr. Muhammad %aved I+bal

eputy &ccount-s manager Nishat mills Limited *hikki 

Mr. Muhammad &fal shaheen















Shafaq Mustafa Khan 

Mr. Muhammad &bdul 'ameed

&ssistant (ayroll

O%r Vision( 1o transform transform the 2ompany into a modern and dynamic yarn, cloth and a nd processed 2loth and finished product manufacturing 2ompany that is fully e+uipped to play a Meaningful l role on sustainable basis in the economy econo my of (akistan. 1o transform transform the 2ompany into a modern and dynamic power generating 2ompany that is fully e+uipped to play a meaningful role on sustainable basis in the economy econo my of (akistan.

O%r $ission( 1o provide +uality products to customers and explore new markets to promote3expand /ales of the 2ompany through good governance and foster a sound and dynamic 1eam, so as to achieve optimum o ptimum prices of products of the 2ompany for sustainable and e+uitable growth and prosperity of the 2ompany.

















Shafaq Mustafa Khan

E.!"%ti/! S%mmary( Nishat Mills Limited is the leading company in textile industry in (akistan. Nishat has grown from a cotton house, now days this is the leading company in (akistan with 4 listed companies and these businesses are 1extiles, *anking, 2ement, (ower 5eneration and Insurance. 1oday, Nishat Mills Limited is at no. in (akistan as growing and fastest industry in (akistan as it has a big name at international level. I have completed my internship recently at Nishat Mills Limited and it was a good experience for me to learn all these points practically which I have done during my learning process at my university. I have done internship almost all the departments related to my field. I got a lot of experience. Now I have understand the real putting and usage of generally accepted rules regarding accounting, finance, payroll and excise etc. 1he internship I have done at Nishat Mills Limited is basically related to gain knowledge about doing business at different different level and the way of enhancing enhancing your business business at upper

















Shafaq Mustafa Khan

I have discussed about my training that-s all about planning, policies, procedures, strategies and whole structure of the organiation about which I have understands over here.

Intro#%"tion of Nishat $ills Limit!# ;5hikki< ;8h!r! I #i# Int!rnshi3<

7ecently I have completed my Internship at Nishat Mills Limited 8*hikki9.1his is namely as !! :nit 86eaving9 86eaving9 of Nishat 5roup. 1his :nit is manufacturing 5rey cloth which is known as 7aw 2loth. 1his section of Nishat Mills Limited is weaving unit and mostly pay attention on manufacturing 7aw 2loth. 1here are several departments which are working under the rules and regulations. 1hese departments are arranged according to the needs and corporate culture. ;or ; or each sector there is a separate department. de partment. 1hese are the ;ollowing epartments of Nishat Mills Limited< •

5eneral Manager 0ffice

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6eaving :nit

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;olding :nit

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&ccount epartment

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'uman 7esource epartment

















Shafaq Mustafa Khan

*ehavior with their 2olleagues and Internees. 1heir *ehavior with me during My internship was learning.

Intro#%"tion( Th! T!.til! T!.til! In#%stry( I n#%stry(

&t the time of partition there were only > companies only which ! were open. In (akistan ?4$ was the year of industrial revolution. *ut now days there are 4?> textiles mills out of which ##! Mills are in operation. In (akistan-s economy the share of textiles regarding foreign exchange, employment rate, export, revenue generation, investments and regarding many of other factors is at top and is the largest share in 5*. 1his leads to the growth of the country toward progress. *ut in (akistan, due to bad b ad conditions of economy, terrorism, unstable political conditions and many other bad b ad factors leads this industry toward bad crises.

T!.til!s E.3orts from Pakistan( In (akistan-s economy the major export is the export of 2otton and textiles. 1extiles total earnings are about more then the >"@ of total 5*. 1he major export items are 2loth, bed sheets, towels and yarn. 0ur (akistan-s textile Items are famous throughout the

















Shafaq Mustafa Khan

5ri!f Intro#%"tion of Nishat $ills Limit!#( Nishat Mills Limited Limited is the leading company in (akistan which was incorporated in ?4and listed in all (akistani /tock =xchanges. *asically Nishat Mills Limited is engaged in manufacturing 1extiles. 1extiles. 1his Mill is Involved in the activities of /pinning, 2ombing, 6eaving, 6eaving, *leaching, yeing, (rinting, /titching, and buying and selling of textiles. Nishat Mills Limited is dealing with Barn, Barn, Linen, cloth and other verities related to textiles. 1here is no problem related to funds, power generation and other problems in manufacturing 2loth. 1his 2ompany is selling its products within and outside the country. 1his company has its highest ranking in selling its products internationally. 1he company-s total exports for the year !"C are. ue to the continuous hardworking and best planning of employees of Nishat Mills Limited, this mill is here at this stage and getting continuous progress.

)omm!n"!m!nt )omm!n"!m!nt of Nishat $ills Limit!#( 



Nishat Mills Limited started its business as partnership partnership in ?4.

1hen this company was incorporated as private limited in company in ?4?.

















Shafaq Mustafa Khan

Th! man of Vision= Vision= "o%rag! an# int!grity( 1he 2hief =xecutive 0fficer of Nishat Mills Limited is Mian Muhammad Mansha. 'e is the man of great vision, great and an d feasible thinker who enables the Nishat group to this state. 'e was born in 2hiniot. uring independence of /ub 2ontinentD he was running the business of Leather in Aolkata. Mian Mansha-s life story is the story of much hard work, spirit to do work and feasible thinking and the sincerity with his work. 1his is in the list of top five industries regarding &ssets having and shares in the market. 1extile 1extile =xport 7eview< 1he NML is the largest exporting and manufacturing unit in /outh &sia especially in (akistan as this mill has fantastic employees and perfect planning.

M#$% Bu$%& '( N$)#! M$** L$+$!&,: 

T&-!$*&

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P'.&/ G&%&/#!$'%

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B#%$%g

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C&+&%!



















Shafaq Mustafa Khan

CHIEF EECTI3E

GENRAL MANAGER

PA TO GM



















Shafaq Mustafa Khan

Finan"! '!3artm!nt( Finan"! an# a""o%nting '!3artm!nt( '!3artm!nt(



















Shafaq Mustafa Khan CHIEF FINANCE OFFICER

GENERAL MANGER FINANCE

ASSISTANT MANGER FINANCE

MANGER ACCOUNTS

DEPUTY MANGER

MANGER CASTING

DEPUTY MANGER

DEPUTY MANGER



















Shafaq Mustafa Khan

shown that there is a proper system of hierarchy. &t each and every level there are officers and performing their duties according to a complete format. 1here is a proper hierarchy system and everyone is following this. /o it-s a good point of Nishat Mills Limited 8*hikki9. *ut there must be ecentralied system to some extent. &s it is shown by this hierarchy that there is proper system of 0fficers working pattern. &s in this hierarchy, the chief =xecutive is at top then 5eneral Manager and then other officers are performing their actions.

T&-!$*&: The Nishat textiles textiles are further divided divided int t! su" divisin# •

N$)#! F#$#*##,

•

N$)#! C)u%$'%

The textile $a%a$it& $a%a$it& f this unit is the lar'est lar'est in suth (ast )sia* This Nishat +ru%s li,ited has a "rief $a%a$it& t %rdu$e ,an& f



















Shafaq Mustafa Khan

redu$tin in the "rr!in' rates and "etter !r/in' $a%ital ,ana'e,ent has in$reased its %rt ,ar'ins* NM s &ein' and nishin' unit is $nsidered the ,st lar'est d&ein' %lants l$ated in Suth (ast )sia *:verall NM has 28 Manufa$turin' units* NM has ttal %lant $a%a$it& f

18"09 S6$%,*&- 12 Su*&/" 95; A$/ <&! *''+" ;R'!#!'/= 6/$%!$%g +#)$%&/= #%, 5 T)&/+' '*& D=&$%g +#)$%&> ;<ll!in' ;<ll!in' infr,atin has extra$t fr, NM annual re%rt 201314= 1he total exports of Nishat Mills limited are E.C billion with an increase of -&4>& 1he export of bed wear fetched E?F Million against E$#4 millionD it has shown the growth of 76>. 6hile the towels exports increased by !@ with E !$" million.





















Shafaq Mustafa Khan

Bu$%& 3'*u+& 3'*u+& '( N$)#! M$** L$+$!&,: These are Nishat ,ills ,ills li,ited %lans and its %re$ts %re$ts thru'hut the !rld*

N$)#! L$%&%: This is !hll& !ned su"sidiar& $,%an& $,%an& f Nishat 'ru%* The "asi$ %ur%se f this su"sidiar& is t %erate utlet retailer fr the sale f textiles textiles and ther sales textiles %rdu$ts* >t !as esta"lished fr the %ur%se f fa$ilitatin' t the ther ,anufa$turers* >t 'ets the se,i





















Shafaq Mustafa Khan

This is als a !hll& !ned su"sidiar& f Nishat Nishat +ru%* >t has "een in$r%rated in as a free Cne esta"lished in u"ai a$$rdin' t the la!s f ?nited )ra" (,irates* >t is a li,ited lia"ilit& $,%an& esta"lished in u"ai* >t has "een re'istered under in
N$)#! P'.&/ *$+$!&,: T T fulll the require,ents require,ents f .!er .!er resur$es resur$es in .a/istan.a/istan- this !as esta"lished* Nishat +ru% hlds ,re than 50 f its shares* >t has





















Shafaq Mustafa Khan

F$%#%$#* H$g)*$g)!:

T)&& #/& !)& @%#%$#* H$g)*$g)!:

Au!)'/$&, )#/& C#6$!#*:1"100"000"000 C#6$!#*:1"100"000"000 '( 10 E#)> T'!#* *$#$*$!$& '( NML:;8"424"8





















Shafaq Mustafa Khan

!ever the %rta"ilit& fr textiles and 'ar,ents divisins f the $,%an& de%ressed durin' this &ear* &ear* >ts "e$ause f l! sales in ?S and (ur%ean ?nins re'in* >n this Mill- i,%rved i,%rved ,ethds f %rdu$tin and eH$ien$ies f la"r have in$reased its +rss .rt fr, .Is* 6-789-191 t 9-044-485Is* The +rss %rt has in$reased 33*22 ver this &ear* The ttal dividend f Nishat ,ills li,ited li,ited has als in$reased in$reased fr, 2-266-279.Is* 2-266-279.Is* t 2-226-339 2-226-339 .Is*





















Shafaq Mustafa Khan S3inning '!3artm!nt(

Nishat Mills Limited Limited has seven spinning units which are located in ;aisalabad. 1hese units are furnished with latest and modern machines in all the sectors of company. In this unit cotton is converted co nverted into yarn. &s Barn Barn is considered very important for best b est +uality cloth. /o spinning department pays a lot attention on the +uality of cloth. *asically spinning department is start from Mixing department. In mixing department cotton bales are mixed and impurities are taken out, then they are blower and taken to record room.























Shafaq Mustafa Khan

products to customers. In this department there are proper +uality check departments which check the +uality of yarn at each stage this department use the end products of





















Shafaq Mustafa Khan

NML has biggest weaving unit in *hikki which is e+uipped with latest latest and modern &ir jet rooms. 1his unit has following following kinds of machines<





















Shafaq Mustafa Khan

'ere is in this Mill there is a +uality control section which control the +uality and making





















Shafaq Mustafa Khan •

ry 2leaning





















Shafaq Mustafa Khan 

2rock meter  (illing machines







































































































































































































































































Internship Report of Nishat Mills Ltd.

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