CEO’s Video Messages

Financial Year 2016
 

Financial Year 2017

Financial Year 2018

Financial Year 2019

Financial Year 2020

Annual Reports

• Annual Report 2014
• Annual Report 2015
• Annual Report 2016
• Annual Report 2017
• Annual Integrated Report 2018
• Annual Integrated Report 2019
• Annual Integrated Report 2020
• Annual General Meeting Notice

Sadaqat Achievements

ALHAMDULILLAH! – Distinct Honor and Privilege for Sadaqat Limited !.
Sadaqat Limited unlocked another achievement in textile sector by securing 2nd position at the Best Corporate and Sustainability Report 2016 Awards for its publication of timely, accurate, informative and well-presented Annual Report 2016 for its shareholders, investors, regulators, employees and stakeholders.

The event jointly organized by Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan (ICMAP) on Friday 25th August, 2017 at Pearl Continental, Karachi. Governor Sindh, Muhammad Zubair honoured the event as Chief Guest on this special event.

Living the UN Global Compact Business Sustainability Award 2017.

With great success Sadaqat Limited has been awarded with Second Prize for “Living the UN Global Compact Business Sustainability Award 2017″, in national category. Achievement of this milestone signifies our promising commitment towards the 10 principles of UNGC.

The Company was awarded this accolade at the “Business Sustainability Moot and Annual General Meeting of Global Compact Network Pakistan” organized in collaboration with the Employers’ Federation of Pakistan.

Corporate Social Responsibility Award.

Sadaqat Limited being socially responsible organisation is proud to receive an Award for marvelous activities and initiatives in pursuit of Corporate Social Responsibility.

The Award was conferred upon by Minister of State for Information, Broadcasting and Heritage on 18th January, 2018 in Serena Hotel Islamabad. The event was organized by National Forum of Environment & Health commonly known as NFEH to facilitate, promote and help create environmental, healthcare and educational awareness.

Best Corporate & Sustainability Reports Award 2017.

With tireless efforts of the team and by the grace of Almighty ALLAH, Sadaqat Limited has continued its winning streak by securing 3rd position for its Annual Report 2017 in textile sector whereas conquered 4th position all over Pakistan in Sustainability report 2017 at the Best Corporate and Sustainability Report Awards 2017 jointly organized by ICAP and ICMA Pakistan. This accolade testifies the unerring commitment of top management towards timeliness, accuracy and transparency of reporting and at the same time towards the sustainability of stakeholders at large.

National & International Awards

• 2^nd Position in Best Corporate Report 2016
• 2^nd Position at the Best Corporate and Sustainability Report 2016 Awards.
• 3^rd Best Corporate Award 2017 Organized by ICAP & ICMAP.
• Award from Nation Forum of Environment Health & for Corporate Social Responsibility.
• 13^th EFP Best Practices Award on Occupational Health & Safety.
• Business Excellence Award 2018 is hosted by Chamber of Commerce, Faisalabad.
• Awarded Certificate of Appreciation in Carbon Emission during FY-2017-18 under the WWF Green Office.
• Export Excellence Award 2019 by Textile Exporter Association, Faisalabad.
• Top Exporters Award at the Business Forum 2019 by Pakistan Board of Investment & Trade.

Investors Relation

• E-Dividend Form
• Electronic transmission of Financial Form
• Proxy Form

SECP’s website link for Investors’ Complaint Form

• http://www.secp.gov.pk/complaintform1.asp
• https://sdms.secp.gov.pk/?q=/complaintform1.asp&

Disclaimer: “In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP ‘s regulatory domain/competence shall not be entertained by the SECP.”

Investor Relation Contact

• Mr. Hummayun Shahzad
• Chief Financial Officer
• Sadaqat Limited
• 2-Km, Sahianwala Road, Khurrianwala, Faisalabad.
• Ph. 041 – 850 7511-12
• Mob: 0300-866 4922

INTERNATIONAL PRESENCE

• Sadaqat – Established in 1951
• As a weaving unit under the dynamic leadership of Mr. Mukhtar Ahmed.
• Incorporated as a private limited company in 1987.
• Converted into public limited company in 2008.
• Today sadaqat is one of the largest home textiles exporter, enjoying excellent reputation in the international market.
• Sadaqat is servicing large customer base supplying top quality merchandise to leading group of home textiles industry across the globe.
• Design,Innovation,Research and Development and high quality are our bench marks.
• Established in 2008 – Sadaqat Global Limited.
• Established in 2011 – Sleepworld International LLC.
• Established in 2017 – Sleepworld Australia PTY Limited.

PAKISTAN

• Sadaqat Limited – Composit Unit of Home Textiles
• KHAS Stores
• Well recognized domestic retail brand
• A domestic house of complete home solution
• Provides an exclusive range of men and women wear

UNITED KINGDOM

• Sadaqat Global Limited
• Based in manchester
• Having own show room and warehouse
• Offers marketing,design and distribution services
• Jay Franko UK Ltd

UNITED STATES OF AMERICA

• Sleep World International LLC
• Based in New York
• Having own show room and warehouse
• Offers marketing,design and distribution services

AUSTRALIA

• Sleep World Australia PTY Limited

• Status of the Company

• Public Limited Unlisted Company (ESC/large scale manufacturing company)

• Company Registration (CUIN) & NTN

• CUIN                    0016987
• NTN                      0688413-0

C

Certificate of Compliance 

Mr. Zeshan Afzal (Advisor to Audit Committee)

Mr. Zeshan Afzal affiliated with Sadaqat Limited as advisor to Audit Committee. His main responsibilities are to assist the Audit Committee and Audit Department in establishing ‘best practices’ and internal controls within the company and to promote efficient operations to improve the performance by assessing the company’s current status, existing processes and present performance.

In addition to Sadaqat Limited, he is also serving as:

• Global CEO at Shahid Afridi Foundation
• Chairman & Chief Visionary at Stationery X
• President of TECH Pakistan
• Founding President & MD C100 Think Tank
• Founder and Chair, Think Ahead with ACCA entrepreneurial initiative
•  

Has had played a vital role in the industry as a Director on boards of:

• Arif Habib Limited
• Crescent Textiles Limited
• Safe Mix Concrete Limited
• Reliance Sacks (Pvt.) Limited
• Serendib Stock Brokers in Sri Lanka
• Stylo Group of Companies
• CEO of Peshawar Zalmi & Peshawar Zalmi Foundation

Mr. Hummayun Shahzad (CFO)

He is affiliated with Sadaqat Group from the last fifteen years and presently serving as CFO of the company. He holds master degree in Finance, a fellow member of PIPFA and also affiliated with Institute of Cost Accountants of Pakistan (ICAP). Mr. Hummayun Shahzad is responsible for:-

• Managing the accounting and finance departments;
• overseeing investment and operational budgets at regular intervals for efficient decision-making and ensure full transparency over the financial performance of the company
• Propose & execute action plans to ensure that annual financial objectives are attained
• Managing working capital (liquidity, collections and payments, short-term debts);
• Managing and using financial resources to achieve the company’s objectives, optimizing performance by negotiating terms with banks and financial institutions;
• Evaluating and reporting on investment and financing options, with clear criteria;
• Participating in the general management of the company as a financial advisor and Support the CEO with the preparation of monthly and annual financial plans;
• Effectively and clearly communicate potential risks in a timely manner
• Coordinate/supervise tax department

Mr. Iqbal Ghori (Director Strategic Planning)

Mr. Iqbal Ghori Serving as Director Strategic planning in Sadaqat Limited. He is a fellow member of Institute of Cost & Management Accountants of Pakistan, PURC of USA. has served at the following positions on different well-known platforms:

• Former President ICMA Pakistan
• Chairman Research & Publication Committee (ICMAP)
• Public Sector Enterprises Accounting (SAFA)
• Member of Board of Studies
• National University of Board of Languages lazy
• ISRA University

Syed Ahmad Ashraf (Independent Director)

Serving as an independent Director of the company. He is a fellow member of Institute of Cost & Management Accountants of Pakistan, and Associate Member of Institute of Corporate Secretaries of Pakistan. He has done his MBA (Financial Management) from John F. Kennedy University California. USA. He has served as CFO, Company Secretary and Head of Internal Audit in Century Paper and Board Mills Limited (a Lakson Group Company), Dawood Hercules and Chemicals Limited, and Lawrencepur Limited, (Dawood Group Companies) and as Controller Accounts of Tourism Development Corporation Limited. Islamabad. Currently he is attached with Saad Rasool Law Associates as Lead Corporate and Tax Advisor. He is also Chief Executive of SA Ashraf & Associates a corporate and tax advisory firm.

Ms Maleeha Bangash (Independent Director)

Ms Maleeha Bangish has served in leadership position for over 15 years and brings to the table rich and varied experience, gained in Pakistan, Singapore and Turkey. She has an MBA from LUMS & Booth School of business University of Chicago in investment and finance which she obtained with honour. Ms Bangash has worked primarily in the financial services sector in the areas of corporate banking, investment management, financial advisor and private equity. She has worked in the textile and telecommunication industries. She has extensive knowledge of capital market both as practitioners and as a regulator having served as founding member/commissioner in CCP. In her former (more recent) role as managing director ICRU. She established an organization which effectively worked on factors that positively impact ease of doing business and investment establishment. The ICRU is a world bank group initiative with the Government of Punjab.

Mr. Awais Mukhtar (Non-Executive Director)

Serving as non-executive Director and also the Member of PIFFC & FIATA Karachi, Member Young Entrepreneurs Organization and Pakistan (YEOP)

Mr. Hamid Mukhtar (Non-Executive Director)

Serving as non-executive Director of the company and also Member Entrepreneurs’ Organization (EO) and Former Member of ADRC-CBR

Mr. Shoaib Mukhtar (Executive Director)

Serving as executive Director and Former Vice Chairman of PTEA and currently serving as President Young Entrepreneurs Organization Pakistan (YEOP) also having Membership of Entrepreneurs’ Organization (EO)

Mr. Khurram Mukhtar (CEO/Executive Director)

The professional career of Mr. Khurram Mukhtar spans over more than 25 years in the home textile industry on executive management positions. He started his professional career with Sadaqat Limited as a director whereas at the moment he is leading in the capacity of Director/Chief Executive Officer of Sadaqat Limited & Khas Retails Limited and Director of Sadaqat Global Limited, Sleepworld Australia Pty Ltd, Sleepworld International LLC (Associated Companies of Sadaqat Limited). Mr. Khurram Mukhtar is serving/has served at the following positions on National and International platforms:

National Platforms.

o Chairman Pakistan Textile Exporters Association (PTEA)
o Chairman Faisalabad Electric Supply Company (FESCO)
o Former Chairman Khurrianwala Industrial Estate Association (KIEA)
o Former Director Faisalabad Garment City Company (FGCC)

International Platforms.

o Member of Young President Organization (YPO)
o Member of International Textile Manufacturers Federation Switzerland (ITMF

Mr. Mukhtar Ahmed (Chairman)

Mr. Mukhtar has all-encompassing experience in textiles and commerce industry. He has been serving the sector for more than 45 years. His principal role as Chairman is to govern and spearhead the Board of Directors. He is also fulfilling his responsibility for overall corporate affairs and governance matters while playing an important role in laying down solid foundation for the Board as well as the Company.
Mr. Mukhtar has also served as Chairman of Faisalabad Dry-port Trust and Chairman of Faisalabad Garment City Company (FGCC).
As a part of its responsibilities, he determines the values to be promoted throughout the organization, reviews organizational goals, determines appropriateness of Company’s policies and practices. Throughout the year, the Chairman has played a pivotal role in reviewing and evaluating present and future opportunities, threats and risks in the external environment and current as well as future potential strengths, weaknesses and risks relating to the Company and has taken important strategic decisions for the Company in consultation with directors.

ENERGY RESOURCES

Sadaqat Limited is self-sufficient in generating energy to cater its production needs: 3 Mega Watts installed capacity is SYNCHRONIZED and monitored On-Line that automatically switches from primary resource to 1st, 2nd & 3rd backup:

Natural Gas (Primary)

WAPDA, Diesel, LPG, Biofuels (Backup)

Independent/ dedicated standby feeder of WAPDA. Exempted from load management by GOP

Coal based Oil Heating system

In-house Power Generation

LPG Plant

Boiler

GARMENT WASHING

Garment washing has brought out greatest change in today’s garments business. Sadaqat Limited is capable to provide different types of wash effects on stitched articles like Enzyme wash, Stone wash, Silicone wash to get softness, abrasion of fabric or turn the fabric into different appearance.

EMBROIDERY

Latest fully automated single and multi-head Barudan multi-head embroidery machines provide Sadaqat Limited the flexibility and capability to cater the customer requirements. These machines have the precision to finish excellent multi-coloured designs fast with high precision.

WADDING & PILLOW FILLING

Sadaqat Limited has Wadding plant for making polyester rolls to be used in quilting process & Automatic Pillow Filling facility for high speed pillow filling.

QUILTING

We offer state of art machines Automated Quilting facility though Single Needle, Multi Needle and Pinsonic techniques. These machines enable us to quilt an individual and custom designed pattern on request.

STITCHING(TEXPA)

Stitching is the process whereby fabric is fashioned into a finished product by means of different sewing techniques. The stitching stage holds extreme significance to ensure that the product takes its shape according to requirements.

Our stitching units are equipped with automatic high precision Hemming controlled by Smart MRT hanger system, operated by trained workforce moulds the fabrics into different sizes and shapes for varying requirements across diverse markets.

Sadaqat Limited is also equipped with latest and state of the art automated cut and sew TEXPA machines for length cutting, length hemming, cross cutting of flat, duet and pillow articles. .

CUTTING(AUTOMATIC HAUSER MACHINES)

Carefully measured and aesthetically controlled fabric cutting through two Automated Hauser Cutting Machines provides necessary jump start to a quality based articles enabling us to meet the quality needs of our customers.

SEER SUCKER TECHNOLOGY

To give the wrinkled appearance to fabric and to be mostly held away from the skin when worn, facilitating heat dissipation and air circulation in spring and summer season, we provide various beautiful seer sucker effects on printed and dyed fabrics using latest American Seer Sucker Machine.

RAISING/BRUSHING & SHERING

To get the best finish of woven fabric, the fabric goes through our latest Raising and Brushing technology to raise the fibers of fabric in a best possible manner. Through Shearing Machine, the fabric goes through shearing process in order to trim the raised nap to ensure that all the raised fibers are the same length, so that we can meet our quality level effectively.

FINISHING

Finishing Department comprises of Automatic hydro-extractors for the removal of moisture from dyed fabric, computerized tensionless dryers for instant fabric drying, soft-setting and calendaring machines for systematic soft-setting and rolling of fabric, fully computerized sanforizing machines for complete shrinkage control to give minimum shrinkage value. Again personal attention ensures that all the fabric leaving the finishing department is properly inspected and thoroughly quality checked for relevant factors before being forwarded to the next stage of production.

FLAT BED & ROTARY PRINTING

The printing lines at Sadaqat Limited comprise of Rotary & Flat Bed printing, which process colors and designs of a thousand patterns around the clock. Meters of the fabric are printed with multiple colors, high speed & accuracy and consistently high quality.

DIGITAL PRINTING

Printing of photographic/continuous tone images, spot color pattern designs and a combination of both add creative printing alternatives for fashion and home textile. Keeping in mind our customers’ needs all over the world, Sadaqat Limited has taken a step forward by adding Reggiani 32 Head digital printing machine.

DYEING

Computerized control system manages all the dyeing lines ensuring color consistency and quality. The massive Continuous and Thermosol dying lines and more versatile Jigger dyeing and Pad Steam units allow dyeing of fabric in the widest imaginable and impressive range of colors. Fabric is dyed with careful selection of suitable dyeing materials tested in our laboratory and ensures the highest standards of quality, continuity, fastness and uniformity.

PRE-TREATMENT

Sadaqat Limited is equipped with environment friendly Singeing, Bleaching, Mercerizing and Wider washing ranges which compliments the back processes mandatory for quality dyeing and printing process.

Corporate Code of Conduct

Corporate Code of Conduct

Corporate Code of Conduct Feedback Form

Sustainability Reports

Sustainability Report 2016

Sustainability Report 2017

Sadaqat Limited CSR

Sadaqat Limited Documentary

BUSINESS ETHICS

We blieve in stimulating and challenging team oriented work environment that encourages develops and rewards excellence.We are committed to diligently serving our community and stakeholders.

SENSE OF ASSOCIATION

At the heart of our business strategy is our work philosophy; we believe in creating a work environment that allows you to work seamlessly without limitations, enables you to communicate freely and effectively while ensuring your safety and well-being.
We don’t believe in jobs providing jobs but in providing a passionate and inspired work style!.

OUR ENABLING CULTURE

At Sadaqat Limited we hire people for their potential, talent and passion for their respective fields. We hone these qualities by providing our people a progressive work environment to grow and develop within our network. There are numerous opportunities that our employees are privy to:
Professional work environment with cutting edge tools and resources International project opportunities for development and knowledge sharing via expatriate assignments. Best in class development and training programs led by highly competent trainers to achieve globally recognized certifications.

BUSINESS PHILOSOPHY

At Sadaqat Ltd, we understand the importance of brands and maintaining them to the highest standards. We support and supply to some of the biggest brands in the industry locally as well as internationally, and we also produce several luxury lines of our own. Brand value, if properly inculcated, can lead to exponential returns for business and perseverance to make our brand our strength. We strive to enhance our brand equity by ensuring that all needs and specifications of our clients are met in the most convenient and hassle-free environment with strict adherence to quality standards.

RELIABLE  SUPPLY

Quality and excellence are a culmination of various factors, often starting from the raw materials, through manufacturing and finishing to the final end of retail and sale. Like most businesses, home textiles is also a product of a variety of interconnected processes and businesses, all of which need to collaborate seamlessly for exceptional products. At Saqadat, we believe in mitigating our odds; we are a well-integrated business model, which controls its entire supply chain, from raw material provision, through processing, production, and ultimately, on to global distribution; giving a reliable solution to our worldwide client base.

CEO’s MESSAGE

We at Sadaqat Ltd believe in only providing the best.We also believe in challenging ourselves to strive for excellence! We are continuously innovating to improve our systems, services, processes and quality of our products. It is due to this consistent dedication towards innovation that we have gained our success, name and credibility in the home textiles industry.
Sadaqat Ltd, founded in 1951; is, today, a diversified company with sales of over 150 Million US dollars. Our management team consists of the best to offer the organization, and our competent and dedicated workforce ensures that all our customer needs are met to their complete satisfaction.
The home textiles industry is an ever-changing one; the processes, standards, products and competition are constantly shifting; and to succeed, we adapt ourselves to always remain ahead of the curve. Amongst all this change, what remains constant is our commitment to provide exceptional quality products, services and experiences to all stakeholders involved.

OUR LEADERSHIP

Inimitable experience, a long family tradition and a solid management structure & operations have given Sadaqat Ltd. the stability, foundation and agility to grow into the company it is today. Our work philosophy entails exemplary leadership and vision which is then manifested into tangible goals by our management, and strong operational structure carried out by dedicated employees.
”We strongly believe in people. Extensive experience throughout the management structure with a strong family bond gives us an edge over our competitors.

THE EMPLOYEE PHILOSOPHY

The strength of our company comes from the quality of the people who work in it. Our working motto is ‘a happy worker means a happy customer’; we truly believe a motivated and content employee will inevitably lead to a satisfied client with provision of required essential support.
At Sadaqat Ltd, we are passionate about nurturing our workforce, adhering to the principles of ergonomics and providing a harmonious work environment. Our faith, commitment and investment towards our employees are continually rewarded by their consistent efforts and successful results for the business.

SADAQAT BRANDS

We support and supply to some of the biggest brands in the industry, locally as well as internationally, and we also produce several luxury lines of our own.

GLOBAL VISION

New technologies and open trade laws have allowed the global market to be better connected, cohesive and significantly smaller for premier international businesses. At Sadaqat Ltd, we take these open markets as opportunities towards acquiring a more diverse clientele, and have positioned ourselves as a truly international company through various measures. To be responsive to the demands of a global economy, we have invested heavily in our infrastructure by growing our global presence and improving our logistical operations.
We aim in continuing to strengthen exports from Pakistan by strictly adhering to quality standards for weaving, dyeing,finishing and all other processes. Furthermore, we strive to raise the benchmark of the quality of product representing Pakistan in the global textile market by taking stringent measures for quality assurance.