1. HIRA TERRY MILLS LTD
MANUFACTURER OF PREMIUM QUALITY TERRY TOWELS

2. COMPANY OVERVIEW
Hira Terry Mills Ltd (HTM) is a vertically integrated towel manufacturing unit located in Lahore and offers a value added product that is targeted to the export market.
The Company specializes in manufacturing the Better-Best quality terry products that are marketed to high-end retailers and brands across UK, Australia, Europe and USA.
HTM currently has production capacity of 600 Tons per month. Our primary focus is to offer a highly value added product in order to ascertain competitive advantage against our competitors.
The Company’s exports account for 5% of the total towel exports of Pakistan.

3. COMPANY OVERVIEW
The average price of HTM’s towel is USD 6.50/kg against a much lower Pakistan industry average of USD 4.61/kg.
Our business hierarchy is unique in a sense that we have a business office in New Jersey and showroom in Manhattan New York.
This provides us with a unique perspective of the Home Textile Market and highly competitive edge in managing our product and brand. Our product development design and marketing is based overseas, which keeps us on trend and close to market.
HTM has overseas marketing offices in USA and Canada.
The presence of foreign offices improve client interaction as clients rarely have to communicate with the team based in Pakistan.
The Company also has a warehouse based in USA to keep certain stock of towels to entertain any unexpected/emergency orders from retailers.

4. PRODUCTS Solid Coloured Towel High End Hospitality Towel
Yarn Dyed Dobby Towel
Solid Jacquard Towel
Yarn Dyed Jacquard Towel
Bath Robes

5. BRANDS & RETAILERS Target Macy’s TG Max Ross Myer’s Sainsbury CK
Mark’s & Spencer
Next
Tommy Hilfiger
Laura Ashley
Vera Wang
Nautica
BRANDS & RETAILERS

6. EXPORT DESTINATION & DIVERSIFICATION
We have strong customer base across USA, UK, Canada, Australia and Europe thus minimizing diversification risk.
HTM has also diversified itself across several clients reducing the risk of a decline in orders. The maximum exposure against any particular customer is not more than 8%-10%.
EXPORT DESTINATION & DIVERSIFICATION

7. Hira Terry Mills Ltd received special Export award at 2010 FPCCI Export event held in Islamabad.
Our associated concern Hira Textile Mills Ltd has also won many awards in the past at various FPCCI Export events.
ACHIEVEMENTS & AWARDS

8. FINANCIAL PERFORMANCE
HTM revenues has been increasing at 5 year CAGR of 14%
Net Profit Margin of the Company also has an upward trend and as of FY17 it is 6%.
EPS also has a constant upward trend and as of FY17 stands at 5.56* without bonus issue
FINANCIAL PERFORMANCE

9. IPO-LISTING OF HIRA TERRY MILLS LTD
HTM is looking to expand its existing capacity to capture high business volumes of its existing and new clients.
The plan is to increase the capacity by 50% to 900 Tons per Month.
For this purpose we will be raising funds through IPO of HTML.
Funds will solely be utilized on CAPEX which in turn would increase the capacity.
The gains are even bigger in terms of profit margins due to the advantages of economies of scale along with diversification benefits across different clients and countries.
IPO-LISTING OF HIRA TERRY MILLS LTD

10. THANKS