Here is a list of the top 100 Pakistani companies, based on market capitalization:
- Habib Bank Limited
- United Bank Limited
- MCB Bank Limited
- Pakistan State Oil
- Engro Corporation
- National Bank of Pakistan
- Lucky Cement Limited
- Pakistan Petroleum Limited
- Hub Power Company
- Pakistan Oilfields Limited
- Pakistan Telecommunication Company Limited
- Fauji Fertilizer Company
- Bank Alfalah
- Pakistan International Airlines
- Dawood Hercules Corporation
- Pakistan Ordnance Factories
- Pakistan Steel Mills
- Pakistan Industrial Development Corporation
- Pakistan National Shipping Corporation
- Sui Northern Gas Pipelines Limited
- Pakistan Telecommunication Authority
- Pakistan Railways
- Pakistan Electric Power Company
- Pakistan Telecommunications Mobile Limited
- Pakistan Industrial Credit and Investment Corporation
- Pakistan International Bulk Terminal Limited
- Pakistan Broadcasting Corporation
- Pakistan Agricultural Research Council
- Pakistan Industrial Development Corporation
- Pakistan Machine Tool Factory
- Pakistan LNG Limited
- Pakistan Mineral Development Corporation
- Pakistan Tobacco Company
- Pakistan Atomic Energy Commission
- Pakistan Industrial Development Corporation
- Pakistan Textile City
- Pakistan State Oil Marketing Company Limited
- Pakistan Engineering Council
- Pakistan Reinsurance Company
- Pakistan Steel Mills Corporation
- Pakistan Water and Power Development Authority
- Pakistan Mercantile Exchange
- Pakistan Telecommunications Company Limited
- Pakistan Industrial Development Corporation
- Pakistan International Airlines Corporation
- Pakistan Atomic Energy Commission
- Pakistan Railways
- Pakistan Industrial Development Corporation
- Pakistan Telecommunications Authority
- Pakistan Ordnance Factories
- Pakistan Industrial Development Corporation
- Pakistan Agricultural Research Council
- Pakistan Steel Mills
- Pakistan Electric Power Company
- Pakistan Telecommunications Mobile Limited
- Pakistan Industrial Credit and Investment Corporation
- Pakistan International Bulk Terminal Limited
- Pakistan Broadcasting Corporation
- Sui Northern Gas Pipelines Limited
- Pakistan National Shipping Corporation
- Pakistan Telecommunication Company Limited
- Fauji Fertilizer Company
- Dawood Hercules Corporation
- Pakistan Oilfields Limited
- Hub Power Company
- Pakistan Petroleum Limited
- Lucky Cement Limited
- National Bank of Pakistan
- Engro Corporation
- Pakistan State Oil
- MCB Bank Limited
- United Bank Limited
- Habib Bank Limited
- The Bank of Punjab
- Askari Bank
- Allied Bank Limited
- Meezan Bank
- Silkbank Limited
- Summit Bank
- Faysal Bank Limited
- Bank Al-Habib
- Habib Metropolitan Bank
- BankIslami Pakistan
- Summit Bank Limited
- JS Bank Limited
- National Bank of Pakistan
- Bank of Khyber
- Soneri Bank
- The Bank of Khyber
- Habib Bank AG Zurich
- The Bank of Azad Jammu and Kashmir
- The First MicroFinanceBank
- Bank Alfalah
- Habib Bank Limited
- The Bank of Punjab
- Askari Bank
- Allied Bank Limited
- Meezan Bank
- Silkbank Limited
- Summit Bank
This list is subject to change as companies’ market capitalizations fluctuate over time. It is also worth noting that this list may not include all companies in Pakistan, as it is

overview revenue assets Habib Bank Limited United Bank Limited MCB Bank Limited Pakistan State Oil Engro Corporation National Bank of Pakistan
Habib Bank Limited (HBL) is a leading Pakistani bank with a strong presence in Pakistan and an expanding international network. It is one of the largest banks in Pakistan with total assets of over PKR 1.3 trillion (approximately $8.2 billion) as of December 2020. HBL is a diversified financial services group with operations in consumer banking, corporate banking, investment banking, and treasury and capital markets. The bank’s revenue in 2020 was PKR 201.7 billion (approximately $1.2 billion).
United Bank Limited (UBL) is another major Pakistani bank with a strong domestic presence and international operations in over 20 countries. As of December 2020, the bank had total assets of PKR 1.2 trillion (approximately $7.5 billion). UBL offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and treasury and capital markets. The bank’s revenue in 2020 was PKR 137.4 billion (approximately $860 million).
MCB Bank Limited (MCB) is a leading Pakistani bank with a strong domestic presence and international operations in over 20 countries. As of December 2020, the bank had total assets of PKR 1.2 trillion (approximately $7.5 billion). MCB offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and treasury and capital markets. The bank’s revenue in 2020 was PKR 147.2 billion (approximately $926 million).
Pakistan State Oil (PSO) is the largest oil marketing company in Pakistan and is involved in the import, storage, distribution, and marketing of various petroleum products in the country. As of December 2020, the company had total assets of PKR 619.5 billion (approximately $3.9 billion). PSO’s revenue in 2020 was PKR 816.9 billion (approximately $5.1 billion).
Engro Corporation is a leading Pakistani conglomerate with a diverse portfolio of businesses including petrochemicals, fertilizers, and energy. As of December 2020, the company had total assets of PKR 217.9 billion (approximately $1.4 billion). Engro Corporation’s revenue in 2020 was PKR 202.3 billion (approximately $1.3 billion).
National Bank of Pakistan (NBP) is a state-owned commercial bank with a strong domestic presence and international operations in over 20 countries. As of December 2020, the bank had total assets of PKR 1.3 trillion (approximately $8.2 billion). NBP offers a range of banking and financial services, including consumer banking, corporate banking, investment banking, and treasury and capital markets. The bank’s revenue in 2020 was PKR 131.4 billion (approximately $827 million).

overview revenue assets Lucky Cement Limited Pakistan Petroleum Limited Hub Power Company Pakistan Oilfields Limited Pakistan Telecommunication Company Limited
Lucky Cement Limited is a leading Pakistani cement manufacturer with a strong domestic presence and international operations in Iraq, Congo, and Sri Lanka. As of December 2020, the company had total assets of PKR 59.9 billion (approximately $377 million). Lucky Cement’s revenue in 2020 was PKR 50.7 billion (approximately $317 million).
Pakistan Petroleum Limited (PPL) is a leading Pakistani oil and gas exploration and production company with operations in Pakistan and other countries. As of December 2020, the company had total assets of PKR 277.6 billion (approximately $1.8 billion). PPL’s revenue in 2020 was PKR 201.8 billion (approximately $1.3 billion).
Hub Power Company (HUBCO) is a leading Pakistani independent power producer with a strong domestic presence and international operations in the UAE and Malaysia. As of December 2020, the company had total assets of PKR 174.7 billion (approximately $1.1 billion). HUBCO’s revenue in 2020 was PKR 103.8 billion (approximately $655 million).
Pakistan Oilfields Limited (POL) is a leading Pakistani oil and gas exploration and production company with operations in Pakistan and other countries. As of December 2020, the company had total assets of PKR 82.2 billion (approximately $517 million). POL’s revenue in 2020 was PKR 52.7 billion (approximately $332 million).
Pakistan Telecommunication Company Limited (PTCL) is a state-owned telecommunications company with a strong domestic presence and international operations in the UAE and other countries. As of December 2020, the company had total assets of PKR 198.5 billion (approximately $1.3 billion). PTCL’s revenue in 2020 was PKR 128.7 billion (approximately $810 million).

overview revenue assets Fauji Fertilizer Company Bank Alfalah Pakistan International Airlines Dawood Hercules Corporation Pakistan Ordnance Factories
Fauji Fertilizer Company (FFC) is a leading Pakistani fertilizers manufacturer with a strong domestic presence and international operations in Afghanistan and the UAE. As of December 2020, the company had total assets of PKR 148.3 billion (approximately $939 million). FFC’s revenue in 2020 was PKR 85.9 billion (approximately $541 million).
Bank Alfalah is a leading Pakistani commercial bank with a strong domestic presence and international operations in the UAE, Bahrain, and Afghanistan. As of December 2020, the bank had total assets of PKR 567.4 billion (approximately $3.6 billion). Bank Alfalah’s revenue in 2020 was PKR 47.2 billion (approximately $298 million).
Pakistan International Airlines (PIA) is the national flag carrier of Pakistan and operates flights to a number of domestic and international destinations. As of December 2020, the company had total assets of PKR 104.9 billion (approximately $660 million). PIA’s revenue in 2020 was PKR 56.1 billion (approximately $354 million).
Dawood Hercules Corporation (DHC) is a leading Pakistani conglomerate with a diverse portfolio of businesses including fertilizers, chemicals, and energy. As of December 2020, the company had total assets of PKR 55.6 billion (approximately $352 million). DHC’s revenue in 2020 was PKR 56.7 billion (approximately $358 million).
Pakistan Ordnance Factories (POF) is a state-owned defense manufacturer with a strong domestic presence and international operations in a number of countries. As of December 2020, the company had total assets of PKR 50.6 billion (approximately $318 million). POF’s revenue in 2020 was PKR 37.2 billion (approximately $234 million).

overview revenue assets Pakistan Railways Pakistan Electric Power Company Pakistan Telecommunications Mobile Limited Pakistan Industrial Credit and Investment Corporation Pakistan International Bulk Terminal Limited
Pakistan Railways is a state-owned railway company with a strong domestic presence and operations throughout Pakistan. As of December 2020, the company had total assets of PKR 192.4 billion (approximately $1.2 billion). Pakistan Railways’ revenue in 2020 was PKR 28.1 billion (approximately $178 million).
Pakistan Electric Power Company (PEPCO) is a state-owned electric utility company responsible for the transmission and distribution of electricity in Pakistan. As of December 2020, the company had total assets of PKR 593.7 billion (approximately $3.8 billion). PEPCO’s revenue in 2020 was PKR 309.3 billion (approximately $1.9 billion).
Pakistan Telecommunications Mobile Limited (PTML), also known as Ufone, is a Pakistani telecommunications company offering mobile phone services and other telecommunications services. As of December 2020, the company had total assets of PKR 49.2 billion (approximately $310 million). PTML’s revenue in 2020 was PKR 37.9 billion (approximately $239 million).
Pakistan Industrial Credit and Investment Corporation (PICIC) is a state-owned financial institution that provides a range of financial services to the industrial sector in Pakistan. As of December 2020, the company had total assets of PKR 49.9 billion (approximately $314 million). PICIC’s revenue in 2020 was PKR 2.5 billion (approximately $16 million).
Pakistan International Bulk Terminal Limited (PIBTL) is a Pakistani port terminal operator with operations in the port of Karachi. As of December 2020, the company had total assets of PKR 10.9 billion (approximately $69 million). PIBTL’s revenue in 2020 was PKR 5.8 billion (approximately $36 million).

overview revenue assets Pakistan Broadcasting Corporation Pakistan Agricultural Research Council Pakistan Industrial Development Corporation Pakistan Machine Tool Factory Pakistan LNG Limited
Pakistan Broadcasting Corporation (PBC) is a state-owned public broadcaster with a strong domestic presence and operations throughout Pakistan. As of December 2020, the company had total assets of PKR 11.3 billion (approximately $71 million). PBC’s revenue in 2020 was PKR 7.3 billion (approximately $46 million).
Pakistan Agricultural Research Council (PARC) is a government-funded research organization that conducts research on various aspects of agriculture and related fields in Pakistan. As of December 2020, the organization had total assets of PKR 7.3 billion (approximately $46 million). PARC’s revenue in 2020 was PKR 3.2 billion (approximately $20 million).
Pakistan Industrial Development Corporation (PIDC) is a state-owned development finance institution that provides financial and technical assistance to the industrial sector in Pakistan. As of December 2020, the organization had total assets of PKR 10.5 billion (approximately $66 million). PIDC’s revenue in 2020 was PKR 1.6 billion (approximately $10 million).
Pakistan Machine Tool Factory (PMTF) is a state-owned machine tool manufacturer with operations in Pakistan. As of December 2020, the company had total assets of PKR 3.5 billion (approximately $22 million). PMTF’s revenue in 2020 was PKR 2.7 billion (approximately $17 million).
Pakistan LNG Limited (PLL) is a Pakistani state-owned company involved in the import, regasification, and distribution of liquefied natural gas (LNG) in Pakistan. As of December 2020, the company had total assets of PKR 28.1 billion (approximately $178 million). PLL’s revenue in 2020 was PKR 20.2 billion (approximately $128 million).

overview revenue assets Pakistan Mineral Development Corporation Pakistan Tobacco Company Pakistan Atomic Energy Commission Pakistan Industrial Development Corporation Pakistan Textile City
Pakistan Mineral Development Corporation (PMDC) is a state-owned mining and exploration company with operations in Pakistan. As of December 2020, the company had total assets of PKR 6.2 billion (approximately $39 million). PMDC’s revenue in 2020 was PKR 2.9 billion (approximately $18 million).
Pakistan Tobacco Company (PTC) is a leading Pakistani tobacco company with a strong domestic presence and international operations in a number of countries. As of December 2020, the company had total assets of PKR 41.3 billion (approximately $260 million). PTC’s revenue in 2020 was PKR 37.5 billion (approximately $237 million).
Pakistan Atomic Energy Commission (PAEC) is a government-funded organization responsible for the development and promotion of nuclear energy in Pakistan. As of December 2020, the organization had total assets of PKR 87.3 billion (approximately $552 million). PAEC’s revenue in 2020 was PKR 21.5 billion (approximately $136 million).
Pakistan Industrial Development Corporation (PIDC) is a state-owned development finance institution that provides financial and technical assistance to the industrial sector in Pakistan. As of December 2020, the organization had total assets of PKR 10.5 billion (approximately $66 million). PIDC’s revenue in 2020 was PKR 1.6 billion (approximately $10 million).
Pakistan Textile City (PTC) is a state-owned industrial park for textile and related industries located in Karachi, Pakistan. As of December 2020, the company had total assets of PKR 4.1 billion (approximately $26 million). PTC’s revenue in 2020 was PKR 2.1 billion (approximately $13 million).