Bilal Fibres Limited (PSX: BILF), known primarily for its yarn manufacturing operations, has announced its entry into the information technology sector by setting up a dedicated IT Division. The company’s board of directors has formally approved a comprehensive five-year plan for the new business unit, with an initial investment of Rs. 10 million aimed at supporting software development and digital services for small and medium enterprises.
According to the official filing with Pakistan Stock Exchange, the initiative is part of a strategic diversification move that seeks to position the company in the growing digital economy. The IT Division will focus on offering customized technology solutions for SMEs, with services spanning software development, IT support, mobile applications, and e-commerce platforms. The business model is designed to achieve breakeven within the first 12 to 18 months and reach profitability in under two years, as projected by the company.
Initially, Bilal Fibres plans to deploy a compact but focused team of five professionals, comprising a division director, two software engineers, a sales and business development specialist, and an administrative and accounts assistant. The short-term operational focus will revolve around web development, mobile applications, and monthly support retainers for businesses needing managed IT services. Long-term goals include the development and deployment of SaaS platforms for HR and payroll, inventory management systems, and e-learning solutions, with scalability in mind for future markets.
The primary target market is SMEs in Pakistan and the Middle East. The company sees strong demand for affordable and scalable digital services in these regions and has future plans for international expansion. The projected revenue over the first five years is expected to range from Rs. 12 million to Rs. 70 million annually, depending on client acquisition and service deployment success.
To support customer acquisition and market visibility, the IT Division will focus on digital marketing channels such as Google Ads and LinkedIn campaigns, along with an active presence on freelance and outsourcing platforms. The company also plans to build strategic relationships with industry bodies including PASHA and PITB, positioning itself in relevant ecosystems to attract clients and partnerships.
Bilal Fibres, while continuing its core manufacturing operations, is taking this step to integrate more digital capabilities into its business model and capitalize on the increasing demand for tech-enabled services. With this move, the company is entering a highly competitive yet promising segment that aligns with broader trends in digital transformation among SMEs across the region.