In this article, we take a look at the 5 biggest companies in Pakistan by market cap. If you want to check out our detailed analysis, go directly to the top 15 Biggest Companies in Pakistan by Market Cap.
5. Pakistan Petroleum Limited
Current Market Cap: $630 million
Pakistan Petroleum Limited (PPL) has played a key role in the energy sector of the country since the 1950s and is credited with spearheading the natural gas industry. PPL remains a significant supplier of natural gas, accounting for about 20% of the nation’s total supply. The company also produces crude oil, natural gas liquid, and liquefied petroleum gas. The company’s market cap is $630 million as of 2023.
4. Pakistan Tobacco Company Limited
Current Market Cap: $650 million
Pakistan Tobacco Company Limited was established in 1947. The company acquired the operations of the Imperial Tobacco Company in India that had been running in the subcontinent since 1905.
PTC is primarily focused on the manufacturing and marketing of tobacco products, including cigarettes and other tobacco products. The company’s brands include Dunhill, Benson & Hedges, and John Player Gold Leaf, among others. PTC’s products are sold in Pakistan and exported to various countries around the world. The company’s market cap, as of 2023, is $650 million.
3. Mari Petroleum Company Limited
Current Market Cap: $750 million
Pakistan relies heavily on oil and gas imports to fulfill its energy requirements. The advancement of domestic oil and gas resources is crucial for the economic development of the country. MPCL has played an essential role in exploring and producing oil and gas, which has reduced the country’s dependence on foreign energy sources.
The company has invested in enhancing its infrastructure, such as pipelines and processing facilities, to increase productivity and decrease expenditures. As a result, the profitability of the company has improved, and it has generated revenue for the nation. MPCL’s significance is not only limited to the economy, but it is also a significant source of employment, creating jobs for numerous individuals directly and indirectly.
MPCL has invested in the progression and education of its workers, thereby creating a valuable workforce that contributes to the country’s economic growth. The company’s market cap is $750 million as of 2023.
2. Nestlé Pakistan Limited
Current Market Cap: $840 million
Nestlé Pakistan Limited was established in Pakistan in 1988 and is headquartered in Lahore, Pakistan. The company is primarily focused on the manufacture and sale of food and beverage products, including milk, tea, coffee, confectionery, and culinary products. The company’s market capitalization is $840 million as of 2023.
1. Oil and Gas Development Company Limited (OGDCL)
Current Market Cap: $1.3 billion
The Oil and Gas Development Company Limited (OGDCL) is an oil and gas exploration and production company in Pakistan. OGDCL has played a pivotal role in the development of the country’s energy sector and is the largest producer of oil and gas in Pakistan. It has its headquarters in Islamabad, and the government owns the majority stake of 74%, while the remaining portion is held by private investors. The company’s market capitalization is $1.3 billion as of 2023.
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