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Service Industries Limited

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Servis Industries Limited
Servis Industries Limited
Company typePublic limited company
PSX: SRVI
Founded1941; 83 years ago (1941)
FounderChaudhry Nazar Mohammad[1]
Chaudhry Mohammad Husain[1]
Chaudhry Mohammad Said[1]
Headquarters
Gulberg, Lahore
,
Pakistan
Number of locations
3
Area served
Worldwide
Key people
Chaudhry Ahmed Javed (Chairman)

Chaudhry Omar Saeed (CEO)

Chaudhry Hassan Javed (RD)
ProductsShoes, Tyres and Tubes
ServicesServis Shoes
Servis Tyres
RevenueIncrease Rs. 17545 million (US$61 million) (2015)
Increase Rs. 945.8 million (US$3.3 million) (2015)
Total assetsIncrease Rs. 10243 crore (US$350 million) (2015)
Number of employees
600+
Websitewww.servis.com

Servis Industries Limited (SIL) is a Pakistani public limited company which is based in Lahore, Pakistan.[2][3]

The company's factories are located in the Pakistani cities of Gujrat and Muridke. The company had humble beginnings in 1941. Servis Shoes is a shoe manufacturing company and Servis Tyres is a tire manufacturing company working under the Servis Industries Limited.[4]

Products

Servis Group is operating through a network of more than 450 retail company stores nationwide and also supplies its products to over 2500 independent retailers in Pakistan.[5]

Servis Group has currently two main product lines or manufacturing companies.

  • Servis Shoes (oldest and a leading manufacturer of shoes in Pakistan)[5][6][2]
  • Servis Tyres supplies its tires (tyres) for motorcycles, bicycles, motor rickshaws and trolleys in Pakistan.[2]

Servis Industries exports its shoes, tyres (tires), rubber tubes to Europe, Middle East, South America, Africa and other Asian countries.[2]

Footwear brands

  • Servis brand shoes (company's oldest and largest brand)[5]
  • Cheetah brand sport shoes
  • Don Carlos brand men's premium formal footwear
  • Shoe Planet brand high fashion shoes[5]
  • Liza brand shoes for women
  • Lark and Finch shoes[2]
  • Calza Shoes for men
  • T.Z Shoes for kids
  • NDURE Shoes for the family (Men, Women and Boys)

Tyres and tubes

Less than half of its sales revenues come from tyres and tubes.[6]

See also

References

  1. ^ a b c Hussain, Dilawar (7 April 2014). "Putting the best foot forward". DAWN.COM.
  2. ^ a b c d e Company Profile and Stock quote of Servis Industries Limited on Financial Times (UK business website) Published 31 March 2019, 8 May 2019
  3. ^ Overview of Servis Group on glassdoor.co.uk website, Retrieved 8 May 2019
  4. ^ Servis Group incorporating wholly-owned subsidiary company Business Recorder (newspaper), Published 17 October 2015, Retrieved 8 May 2019
  5. ^ a b c d Competition in shoe market is heating up, Business Recorder ( financial newspaper), Published 31 March 2017, Retrieved 8 May 2019
  6. ^ a b Responding to the call for diversification, Dawn (newspaper), Published 11 April 2016, Retrieved 8 May 2019


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