Zephyr Textiles Limited

Zephyr Textiles Limited (PSX: ZTL) is a privately held textile company based in Pakistan, which began operations in 1999 and later became a publicly traded entity in 2004. The company primarily focuses on the production, dyeing, and trading of various types of woven fabrics, including towels. According to the company's latest data, ZTL has a total of 59.43 million shares outstanding, with 465 employees.

The majority of these shares (72.27%) are owned by ZTL's employees, directors, CEO, their spouses, and minor children, while the local general public holds 19.80% and banks, development finance institutions (DFIs), and non-banking financial institutions (NBFIs) own 7.42%. The remaining shares are held by other categories of shareholders.

The company's financial performance has been mixed over the past five years, with the exception of a decline in 2025. ZTL experienced a significant 41.67% increase in its revenue to Rs.6128.89 million in 2021, mainly due to a surge in orders for basic textiles from both local and export markets. This growth led to an impressive gross profit margin of 13.2% in 2021, the highest since 2020.

The company's operating profit also saw a substantial 138.85% increase in 2021, reaching 7.72%. In 2022, ZTL's revenue grew by 20.48% to Rs.7384.16 million, driven by improved performance in both local and export markets. However, the gross profit margin contracted to 10%, while the operating profit margin decreased to 4.87%. The following year, 2023, saw a 9.74% rise in net sales to Rs.8103.08 million, primarily due to strong export sales, especially to the US and European markets. This increase in sales resulted in a gross profit margin of 15.08%.