List of largest companies in Pakistan

Following is a list of largest companies in Pakistan:

Conglomerates

Group name	Headquarters	Publicly listed companies	Reference(s)
Adamjee Group	Karachi	–
Atlas Group	Lahore	Atlas Honda, Honda Atlas, Atlas Battery, Atlas Insurance	[1]
AKD Group	Karachi	AKD Hospitality, AKD Securities
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
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
Dawood Group	Karachi	Engro Holdings, Dawood Lawrencepur	[1]
Descon	Lahore	Altern Energy, Descon Oxychem
Fauji Group	Rawalpindi	Askari Bank, Fauji Cement, Fauji Fertilizer, Fauji Foods, Mari Petroleum	[1]
Fecto Group	Lahore	Fecto Cement
Hashoo Group	Karachi	Pakistan Services Limited, Exide Batteries Pakistan
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.
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]
Sharif Group	Lahore	–

By market capitalization

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

References

1. Hussain, Dilawar (22 March 2021). "Who's who of the PSX". Dawn.
2. "Companies by Market Cap as of 31 December 2024".