PSX announces top 25 companies of the year 2023

Pakistan Stock Exchange is proud to announce the list of Top 25 Companies Awards recipients for the year 2023. The companies that make it to the list of the coveted awards are selected on the basis of their financial performance, governance & operational achievements as well as Sustainability and ESG related initiatives.

The PSX Top 25 Companies Awards recognizes companies achieving certain key pre-requisites for this prestigious award which include having a minimum dividend distribution of 30% and shares of the company having been traded atleast 75% of the total trading days in a year, among other pre-requisites. Subject to achieving these pre-requisites, the companies are further weighed based on certain quantitative and qualitative criteria. 

In terms of quantitative criteria, PSX selects listed companies which have performed exceptionally in the context of profitability ratios, dividend related ratios, and turnover of shares, among other specifics. In terms of qualitative criteria, PSX selects high-performing listed companies based on Corporate Social Responsibility (CSR), reporting on SDGs, ESG related initiatives, and Diversity & Inclusion, among other considerations.

The companies that made it to the Top 25 Companies Awards list in 2023, in order of their ranking, are:

  1. Engro Corporation Limited
  2. Engro Fertilizers Limited
  3. Fauji Fertilizer Company Limited
  4. The Hub Power Company Limited
  5. Bank Alfalah Limited
  6. Habib Bank Limited
  7. Habib Metropolitan Bank Limited
  8. Mari Petroleum Company Limited
  9. Systems Limited
  10. Cherat Cement Company Limited
  11. Lucky Cement Limited
  12. Meezan Bank Limited
  13. Engro Polymer & Chemicals Limited
  14. Pakistan Oilfields Limited
  15. Image Pakistan Limited
  16. MCB Bank Limited
  17. Faysal Bank Limited
  18. Nestle Pakistan Limited
  19. Adamjee Insurance Company Limited
  20. Indus Motor Company Limited
  21. International Industries Limited
  22. United Bank Limited
  23. Pakistan State Oil Company Limited
  24. Security Papers Limited
  25. Bank AL Habib Limited
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