What Sunrays Textile Mills does

Sunrays Textile Mills Limited is a Pakistan-based public limited company incorporated on August 27, 1987, listed on the Pakistan Stock Exchange under the symbol SUTM, and principally engaged in the trade, manufacture, and sale of yarn. The company is an associated undertaking of Indus Dyeing & Manufacturing Company Limited, forming part of the broader Indus Group of Companies — a diversified textile conglomerate that has operated in ginning, yarn spinning, and towel businesses for over 50 years. The company's primary manufacturing asset is a spinning mill located in District Muzaffargarh, Punjab, covering 114 kanals and 10 marlas, with a registered office at Beaumont Plaza, Karachi. Non-core ginning units and ice factories operated under leasing arrangements are currently non-operational.

The company produces a wide range of ring-spun specialty yarns, including Melange (under the Oyster brand, with over 2,000 color variants produced on in-house German-imported dyeing machines), Siro (where it is the largest supplier to China at 4,500+ tons/month export volume), Compact (using Rieter K-4-5 frames with Swiss Comport technology), Core-spun (1,000 tons/month capacity), Slub, Zero twist (5,500 tons/year), and Bamboo/cotton blends in counts from Ne-6 to Ne-40. Quality control is conducted via Uster testing equipment, with products maintained within the top 10% of Uster world statistics. Group-level cotton storage capacity exceeds 50,000 tons to support continuous yarn supply.

Sunrays generates revenue through direct B2B sales to textile manufacturers in domestic Pakistan and international markets, with material export penetration in China, Europe, America, Italy, and Korea. Distribution is handled through 40-foot container sea shipments (with air freight available for urgent orders), and payment terms typically run against Letters of Credit. The company has signaled capacity expansion intent through the recent purchase of an additional 22 kanals and 5 marlas of land in District Kasur. Marketing and investor relations are conducted primarily through the Indus Group corporate website, Pakistan Stock Exchange filings, and annual corporate briefing sessions.

Name

Sunrays Textile Mills

Legal name

Sunrays Textile Mills Limited

Website

https://indus-group.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

1–10 employees

Short description

Sunrays Textile Mills Limited is a Pakistan-based, publicly listed yarn manufacturer (PSX: SUTM) within the Indus Group, producing specialty ring-spun yarns including Melange, Siro, Compact, Core-spun, Slub, and Zero twist for domestic and international textile manufacturers in China, Europe, America, Italy, and Korea.

Ownership category

akta.pro rank

Product category

Yarn Manufacturing and Textile Spinning

NAICS

Fiber, Yarn, and Thread Mills (313110)

SIC

Textile Mill Products (2200)

akta.pro primary industry

Spun Yarn Manufacturing (Ring/Open-End/Compact) (IMAOAAAD)

akta.pro secondary industry

Textured & Specialty Yarn Manufacturing (Textured/Chenille/Bouclé) (IMAOAAAF)

Keywords

• Ring-spun yarn manufacturing
• Melange yarn production
• Siro yarn spinning
• Compact yarn technology
• Core-spun yarn exports

Headquarters

HQ city

Karachi

HQ country

Pakistan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D

Revenue model

1. Yarn Manufacturing and Sales: The company is principally engaged in trade, manufacture and sale of yarn. The company operates textile spinning mills producing various types of ring-spun yarns for both domestic and export markets.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Sunrays Textile Mills is principally engaged in the trade, manufacture and sale of yarn. The company operates a spinning mill in District Muzaffargarh, Punjab, producing a wide variety of ring-spun yarns including Melange, Siro, Compact, Core-spun, Slub, Zero twist, Bamboo/cotton blend, and Pima Cotton yarns for domestic and international textile manufacturers.

Product overview

Sunrays Textile Mills Limited is a textile manufacturing company incorporated in Pakistan on August 27, 1987 as a public limited company listed on the Pakistan Stock Exchange. The company's core business is the manufacture and sale of yarn. It also operated ginning units and ice factories under leasing arrangements (currently non-operational). The company operates a spinning mill located in District Muzaffargarh, Punjab province, with a facility area of 114 kanals and 10 marlas. Additionally, the company has purchased land in District Kasur for future expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• Melange Yarn (Oyster Brand) Specialty melange yarn produced under the Oyster brand, recognized as one of the top melange brands in Pakistan. Made from cotton dyed on in-house dyeing machines imported from Germany, with over 2,000 melange colors in the full collection and annual capacity of 3,600 tons. Sold to textile manufacturers producing premium fabrics for export markets.
• Siro (Chain) Yarn Pioneer in the Siro market and the largest supplier of Siro Yarns to China with exports of more than 4,500 tons per month. Targeted at weaving and knitting manufacturers seeking quality and reliability.
• Compact Yarn Premium compact yarn produced on Rieter K-4-5 frames with patented Comport technology from Switzerland. Features very low hairiness and good luster for premium quality home textile and apparel fabrics.
• Core-spun Yarn Highest quality core-spun yarns produced on RX-300 ring machines equipped with latest Amsler Core IV attachments with stop-motion devices. Lycra draft percentage managed per customer demand, with production capacity of 1,000 tons per month.
• Zero Twist Yarn Zero twist yarn for towel manufacturing with annual production capacity of 5,500 tons, supplying home textile manufacturers.
• Slub-effect Yarn Slub-effect ring-spun yarn offered as part of the company's wide variety of yarn products for fabric manufacturers seeking textured yarn characteristics.
• Folded Yarn Folded ring-spun yarn produced in various counts from Ne-6 to Ne-40 for textile manufacturers requiring plied yarn constructions.
• Bamboo/Cotton Blend Yarn Bamboo and cotton blend yarn offered as a sustainable yarn option for textile manufacturers producing eco-friendly fabrics.
• Pima Cotton Yarn Premium Pima cotton yarn for high-end textile applications requiring superior cotton fiber characteristics.

Quantifiable outcome

• Largest supplier of Siro Yarns to China with export of more than 4,500 tons per month
• +5 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Indus Dyeing & Manufacturing Company LimitedcoreOthersSunrays Textile Mills Limited is an associated undertaking of Indus Dyeing & Manufacturing Company Limited (IDYM). IDYM is the parent/holding company relationship within the Indus Group of Companies. Sunrays is one of several textile companies under the group umbrella.
• Yousuf Adil, Chartered AccountantscoreImplementation/ SI/ Consulting PartnerThe company's appointed auditors providing independent financial audit services. Ensures compliance with regulatory requirements and provides financial statement verification.
• JWAFFS Registrar Services (Pvt) LtdcoreOthersShare Registrar and Transfer Office handling share registry, shareholder communications, and transfer of shares for Sunrays Textile Mills Limited.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• KPR Mill Limited: Indian vertically integrated yarn and apparel manufacturer with significant ring-spun yarn capacity. Comparable as a yarn-spinning peer with similar export orientation and customer profile in apparel.
• Indus Lyallpur Limited: A 100%-owned subsidiary of Indus Dyeing & Manufacturing (same group as Sunrays) with the principal activity of manufacturing and sale of yarn in Faisalabad, Pakistan. Direct peer in ring-spun yarn spinning with the same shareholder group.
• Interloop Limited: Pakistani publicly listed manufacturer of hosiery, yarn and denim. Comparable as a yarn-spinning peer with international customer base and export-led business model.

Broad incumbents

• Arvind Limited: Indian integrated textile player with denim, woven fabric and yarn operations. Comparable as a specialty/ring-spun yarn producer serving global apparel brands.
• Trident Limited: Indian integrated textile company with yarn spinning, weaving and home textiles. Comparable as a yarn manufacturer exporting terry towels, bed linen and yarn to international markets.
• Gul Ahmed Textile Mills Limited: Large Pakistani vertically integrated textile player covering spinning, weaving, processing and apparel. Comparable ring-spun yarn manufacturer operating at significant scale within Pakistan and serving export markets.
• Vardhman Textiles Limited: One of India's largest integrated textile manufacturers with significant yarn spinning capacity. Comparable as a large ring-spun yarn producer exporting to global apparel and home textile buyers.
• Fazal Cloth Mills Limited: Pakistani integrated textile group with spinning, weaving and processing capabilities. Comparable as a yarn-spinning peer of similar scale operating in Pakistan's cotton belt.
• Nishat Mills Limited: One of Pakistan's largest integrated textile companies, with significant yarn spinning capacity alongside weaving, dyeing and home textiles. Comparable as a Pakistani publicly listed yarn manufacturer with similar export orientation.
• Indus Dyeing & Manufacturing Company Limited: Parent company within Indus Group; incorporated 1957 in Pakistan as a public limited company spanning ginning, yarn spinning and towel businesses. A larger, broader incumbent in yarn manufacturing with overlapping spinning capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunrays Textile Mills