List of largest companies in Pakistan

Following is a list of largest companies in Pakistan:

## Conglomerates

[edit]

Group name | Headquarters | Publicly listed companies | Reference(s)

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|
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Adamjee Group | Karachi | – | [1]
Atlas Group | Lahore | Atlas Honda, Honda Atlas, Atlas Battery, Atlas Insurance | [1]
AKD Group | Karachi | AKD Hospitality, AKD Securities | [2]
Arif Habib Group | Karachi | Arif Habib Limited, Aisha Steel Mills, Fatima Fertilizer, Javedan, Power Cement, Safe Mix Concrete |
Askari Group | Rawalpindi | Askari General Insurance, Askari Life Assurance | [3]
Bibojee Group | Karachi | Bannu Woollen Mills, Gammon Pakistan, Ghandhara Automobiles Limited, Ghandhara Industries Limited, Ghandhara Tyre, Janana De Malucho Textile Mills, The Universal Insurance Company | [4]
Dawood Group | Karachi | Engro Holdings, Dawood Lawrencepur | [1]
Descon | Lahore | Altern Energy, Descon Oxychem | [5]
Fauji Group | Rawalpindi | Askari Bank, Fauji Cement, Fauji Fertilizer, Fauji Foods, Mari Petroleum | [1]
Hashoo Group | Karachi | Pakistan Services Limited, Exide Batteries Pakistan | [6]
Habib Group | Karachi | Agriauto Industries, Bank AL Habib, HabibMetro, Habib Insurance, Habib Rice, Habib Sugar Mills, Shabbir Tiles, Toyota Indus, Thal Limited | [1]
Lakson Group | Karachi | Century Insurance, Century Paper, Colgate-Palmolive Pakistan, Merit Packaging | [1]
Lucky Group | Karachi | Gadoon Textile Mills, Lucky Cement, Lucky Core Industries | [1]
JS Group | Karachi | BankIslami, JS Bank, Jahangir Siddiqui & Co. | [7]
Nishat Group | Lahore | Adamjee Insurance, Adamjee Life Assurance, DG Cement, Lalpir Power, MCB Bank, MCB Funds, Nishat Mills Limited, Nishat Chunian Power, Nishat Power Limited, Pakgen Power | [1]
Packages Group | Lahore | Packages Limited | [1]
Saigol Group | Lahore  | Maple Leaf Cement, Pak Elektron Limited, Kohinoor Energy Limited, Kohinoor Industries Limited, Kohinoor Mills Limited, Kohinoor Power Company Limited, Kohinoor Textile Mills Limited, Saritow Spinning Mills Limited | [1][8]

## By market capitalization

[edit]

Below is the list of largest companies by market capitalization based on the year-end closing, 31 December 2024:

Rank | Name | Market cap (US$) | Headquarters | Industry | Reference(s)

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1 | Oil & Gas Development Company | Rs. 977.43 billion (US$3.4 billion) | Islamabad | Petroleum | [9]
2 | Mari Petroleum | Rs. 863.98 billion (US$3.0 billion) | Islamabad | Petroleum | [9]
3 | Pakistan Petroleum Limited | Rs. 553.85 billion (US$1.9 billion) | Karachi | Petroleum | [9]
4 | United Bank Limited | Rs. 467.92 billion (US$1.6 billion) | Karachi | Banking | [9]
5 | Fauji Fertilizer Company | Rs. 466.05 billion (US$1.6 billion) | Rawalpindi | Fertilizer | [9]
6 | Meezan Bank | Rs. 433.43 billion (US$1.5 billion) | Karachi | Banking | [9]
7 | Colgate-Palmolive Pakistan | Rs. 364.96 billion (US$1.3 billion) | Karachi | Fast-moving consumer goods | [9]
8 | Pakistan Tobacco Company | Rs. 340.26 billion (US$1.2 billion) | Islamabad | Tobacco | [9]
9 | Nestlé Pakistan | Rs. 337.85 billion (US$1.2 billion) | Lahore | Fast-moving consumer goods | [9]
10 | MCB Bank | Rs. 333.36 billion (US$1.2 billion) | Lahore | Banking | [9]
11 | Lucky Cement | Rs. 322.44 billion (US$1.1 billion) | Karachi | Cement | [9]
12 | Engro Fertilizers | Rs. 272.65 billion (US$940 million) | Karachi | Fertilizer | [9]
13 | Habib Bank Limited | Rs. 255.91 billion (US$890 million) | Karachi | Banking | [9]
14 | Engro Corporation | Rs. 238.95 billion (US$830 million) | Karachi | Conglomerate | [9]
15 | Bestway Cement | Rs. 213.89 billion (US$740 million) | Islamabad | Cement | [9]
16 | Pakistan State Oil | Rs. 206.89 billion (US$720 million) | Karachi | Petroleum | [9]
17 | Standard Chartered Pakistan | Rs. 205.19 billion (US$710 million) | Karachi | Banking | [9]
18 | Systems Limited | Rs. 181.10 billion (US$630 million) | Lahore | Information technology | [9]
19 | Pakistan Oilfields Limited | Rs. 179.29 billion (US$620 million) | Rawalpindi | Petroleum | [9]
20 | Hub Power Company | Rs. 169.78 billion (US$590 million) | Karachi | Power generation | [9]

## References

[edit]

1. ^ a b c d e f g h i j Hussain, Dilawar (22 March 2021). "Who's who of the PSX". Dawn.
2. ^ Houreld, Katharine (2013-04-12). "Pakistan's booming market no black and white matter". Reuters. Retrieved 2025-06-13.
3. ^ Naeem, Zain (2024-10-21). "Fauji and Askari Cement merged two years ago. How has the merger worked out?". Profit by Pakistan Today. Retrieved 2025-06-13.
4. ^ news.desk (2017-07-31). "5 Pakistani companies make it to Forbes Asia's 200 Best Under A Billion list". The Express Tribune. Retrieved 2025-06-13.
5. ^ Niazi, Abdullah (2023-03-12). "Descon's long-play". Profit by Pakistan Today. Retrieved 2025-06-13.
6. ^ shahram.haq (2023-07-03). "Hashoo Group to add 28 properties by 2027". The Express Tribune. Retrieved 2025-06-13.
7. ^ Report, Profit (2023-01-17). "Pakistan's largest Investment Banking firm to acquire EFG Hermes?". Profit by Pakistan Today. Retrieved 2025-06-13.
8. ^ Report, Profit (2020-10-24). "EFG Hermes is accumulating shares in Kohinoor Industries". Profit by Pakistan Today. Retrieved 2025-06-13.
9. ^ a b c d e f g h i j k l m n o p q r s t "Companies by Market Cap as of 31 December 2024".