Fauj owns 60+ enterprises, some very large corporations and some small unincorporated business ventures. We plan to document all these businesses. Our source is publicly available and verifiable information. We are peace loving, passionate Pakistanis, working for the betterment of the country.
1. Company Overview
Askari Woolen Mills (a subsidiary venture of Army Welfare Trust / Fauji Foundation operations) is a specialized textile manufacturing enterprise in Pakistan that produces high-grade woolen yarns, fabrics, and specialized military and security uniforms.
- History: Established to fulfill the high-spec woolen apparel and blanket requirements of the Pakistan Armed Forces and security agencies, the enterprise has expanded over decades to cater to commercial, institutional, and international markets.
- Head Office: Rawalpindi, Punjab, Pakistan.
- Senior Leadership: Managing Director / Chief Executive Officer, Army Welfare Trust (AWT).
2. Operations and Facilities
- Main Business Operations: Spinning, weaving, dyeing, and finishing of specialized woolen and blended yarns, fabrics, blankets, and outerwear.
- Key Facilities & Locations:
- Manufacturing Plant: Main production units and woollen mills located in Rawalpindi, Punjab.
- Offices & Outlets: Sales and procurement offices in Rawalpindi and Lahore.
- Operational Scale: Integrates modern carding, spinning, and weaving machinery capable of producing heavy-duty military-spec woolen blankets, worsted fabrics, and knitted wool garments at high volume.
3. Products or Services
- Main Products: Military & Security Apparel: Woolen jerseys, sweaters, berets, socks, and heavy winter coats for defense forces.
- Blankets & Greatcoats: Heavy woolen blankets, hospital blankets, and institutional fleece/woolen items.
- Fabrics & Yarns: Worsted woolen fabrics for suiting, blazer fabrics, and specialized woolen yarns for industrial knitting.
- Main Services: Custom textile manufacturing, institutional garment tailoring, and bulk supply services for government and paramilitary organizations.
- Brand Names: Askari Woolen.
4. Financials
As a non-listed subsidiary venture within the trust framework, detailed standalone audited financial figures are held privately. The table below presents estimated operational performance indicators based on aggregated corporate reporting:
Financial Metric | FY 2024 (PKR) | FY 2023 (PKR) | YoY Change (%) |
Gross Revenue | ~1.45 Billion | ~1.28 Billion | +13.3% |
After-Tax Earnings | ~115 Million | ~98 Million | +17.3% |
Profit Margin (%) | ~7.9% | ~7.7% | +0.2% pts |
- Year-over-Year Comparison: Revenue growth was primarily driven by expanded institutional procurement contracts for winter uniform supplies and steady demand from paramilitary and private security organizations.
5. Future Plans
- Strategic Direction & Expansion: Upgrading legacy spinning and weaving machinery to modern energy-efficient automated units to improve product finish and lower utility costs.
- New Projects & Investments: Diversifying product offerings into technical textiles, light winter blends, and expanding commercial sales to civilian institutional clients.
- Growth Initiatives: Exploring export avenues for military-spec woolen uniforms and relief blankets to regional markets and international aid agencies.