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The Pakistan Stock Exchange (PSX) has officially announced the recipients of its prestigious Top 25 Companies Award for the calendar year 2024. This announcement comes today, December 11, 2025, and highlights outstanding performance and governance across Pakistan’s corporate sector.
Engro Corporation Limited leads this year’s list of top-ranking firms. Following closely are major industry players, including Fauji Fertilizer Company Limited, Engro Holdings Limited, and Engro Fertilizers Limited.
Additionally, the list features Sazgar Engineering Works Limited, Habib Metropolitan Bank, Mari Energies Limited, Bank Alfalah, EFU Life Assurance, and Lucky Cement.
A Benchmark for Corporate Excellence
The PSX also recognised several other prominent companies in the Top 25. These include Millat Tractors, Crescent Steel & Allied Products, International Industries, Nestlé Pakistan, and Interloop.
Furthermore, the banking and financial sectors remained strong with Habib Bank, MCB Bank, Jubilee General Insurance, Arif Habib Corporation, and Meezan Bank making the cut. Other notable winners are National Foods, Haleon Pakistan, Cherat Cement, Colgate-Palmolive Pakistan, and NetSol Technologies.
The Exchange extended its congratulations to the boards and management teams of all 25 companies. Notably, the PSX stated that the performance of these winners sets a vital benchmark for the broader corporate community.
Rigorous Selection Criteria by PSX
The winners were not selected lightly. The PSX Board approved a stringent criteria framework to evaluate the companies. Consequently, the selection process involved a blend of rigorous quantitative and qualitative measures.
Quantitatively, the Exchange analysed indicators such as profitability, liquidity, dividend payout, and market ratios. They also assessed solvency, free-float, and share turnover.
On the qualitative side, the criteria focused on Corporate Social Responsibility (CSR) and ESG reporting. Moreover, the evaluation included enterprise risk management, diversity and inclusion, and overall governance standards to ensure a comprehensive assessment of sustainability-related disclosures.
