Bangladesh is rapidly evolving into one of Asia’s fastest-growing economies, with GDP surpassing $475+ billion in 2025. Driving this growth are the top 10 companies in Bangladesh — the nation’s largest and most influential corporations, which contribute to employment, exports, foreign investment, industrial expansion, and technological progress.
This article ranks the Top 10 Companies in Bangladesh (2025) based on market capitalization, using the latest financial reports, DSE market data, and credible industry sources. Whether you’re researching the biggest companies in Bangladesh, exploring investment opportunities, or studying the country’s corporate landscape, this updated list provides a clear and data-backed view of Bangladesh’s most powerful business leaders.
Top 10 Companies in Bangladesh by Market Capitalization (2025)
| Rank | Company | Key Data |
|---|---|---|
| 01 | Grameenphone PLC | 82–85M subscribers, BDT 158.7B revenue (2023) |
| 02 | Walton Hi-Tech Industries PLC | Largest electronics manufacturer & exporter |
| 03 | BAT Bangladesh | One of the highest taxpayers; strong blue-chip |
| 04 | Robi Axiata PLC | 56.7M subscribers; 18,000+ 4G sites |
| 05 | Square Pharmaceuticals PLC | BDT 70.10B turnover; 17.3% market share |
| 06 | United Power Generation | 160MW capacity in EPZ zones |
| 07 | Renata Ltd. | 42+ export countries; 10.78% of BD pharma exports |
| 08 | Beximco Pharmaceuticals | 50+ export countries; listed on London Stock Exchange |
| 09 | Berger Paints Bangladesh | Leading paint manufacturer with dominant share |
| 10 | Investment Corporation of Bangladesh (ICB) | Largest state-owned investment institution |
1. Grameenphone PLC (GP)
Grameenphone (GP) is consistently ranked among the top 10 companies in Bangladesh by market capitalization and is widely considered the most dominant telecom operator in the country. With its massive subscriber base and strong financial performance, GP remains one of the most trusted blue-chip stocks on the Dhaka Stock Exchange.
Industry: Telecom
DSE Code: GP
Market Position: Largest telecom company in Bangladesh
Key Updated Facts (2024–2025)
- Revenue (2023): BDT 158.7 billion
- Subscribers: 82.0 million (2023) → 84.6 million (2024)
- Network coverage: 99% of Bangladesh’s population
- Dividend reputation: One of Bangladesh’s highest dividend-paying companies
- Tax contribution: Over BDT 585+ billion cumulative paid to the government
- Market cap: Among the top 3 largest companies on the DSE
Why Grameenphone Is One of the Top Companies in Bangladesh
- Powers digital connectivity across the country
- Backbone of fintech, mobile banking, and digital services
- Drives e-commerce, freelance economy, remote work
- Major contributor to GDP and national revenue
- Strong corporate governance and foreign investment backing (Telenor)
02. Walton Hi-Tech Industries PLC
Walton Hi-Tech Industries PLC is one of the top 10 companies in Bangladesh and the country’s largest electronics manufacturer. With massive industrial capacity and a growing export footprint, Walton plays a pivotal role in positioning Bangladesh as a global manufacturing hub.
Industry: Electronics & Home Appliances
Market Position: Largest electronics brand in Bangladesh
Key Updated Highlights (2024–2025)
- Factory Area: 700+ acres
- Workforce: 30,000+ employees
- Export footprint: 40+ countries
- Product Portfolio: TV, refrigerator, AC, smartphones, compressors, elevators, IoT appliances
- Vertical Integration: One of the few companies globally producing their own compressors
Why Walton Is One of the Top Companies in Bangladesh
- Drives industrial diversification and technological advancement
- Reduces import reliance through local component manufacturing
- Boosts national exports and foreign currency earnings
- Represents Bangladesh’s rise in global electronics markets
03. British American Tobacco Bangladesh (BATB)
British American Tobacco Bangladesh (BATB) is consistently ranked among the top 10 companies in Bangladesh by profitability, market capitalization, and tax contribution. It remains one of the oldest and most established multinationals in the nation.
Industry: Tobacco & FMCG
Market Position: Among Bangladesh’s top 5 listed companies every year
Key Updated Facts
- Major Taxpayer: BDT 22,630 crore paid in FY 2018–19 alone
- Operating Since: 1949
- Dividend Strength: One of the strongest dividend-paying stocks on the DSE
- Market Cap: Always among top companies in the country
Why BATB Is One of the Top Companies in Bangladesh
- Consistent blue-chip profitability
- Massive contribution to national revenue
- Strong governance and multinational standards
- Operates one of the largest distribution networks in the FMCG category
04. Robi Axiata PLC
Robi Axiata PLC is the second-largest telecom operator in Bangladesh and a major player in the digital economy. Known for competitive pricing and rapid technology adoption, Robi plays a critical role in expanding internet accessibility.
Industry: Telecom
Market Position: One of the top telecom companies in Bangladesh
Updated Data (2024–2025)
- Active Subscribers: 56.7 million
- 4G Coverage: 98.96% of population
- 4G Sites: 18,000+
- Internet Subscribers: 42.6 million
- EBITDA Growth: 10.5% year-on-year
Why Robi Is One of the Top Companies in Bangladesh
- Expands mobile internet accessibility nationwide
- Competitive data pricing, boosting digital inclusion
- Strong enterprise solutions for corporate clients
- Continuous innovation: VoLTE, eSIM, digital platforms, IoT readiness
05. Square Pharmaceuticals PLC
Square Pharmaceuticals PLC is the largest pharmaceutical company in Bangladesh and a top performer on the DSE. It dominates both domestic and export markets with global-standard manufacturing.
Industry: Pharmaceuticals
Market Position: #1 pharma company in Bangladesh
Updated Performance
- Turnover (FY 23–24): BDT 70.10 billion
- Domestic Market Share: 17.3%
- Export Presence: 42+ countries
- Annual Growth Rate: ~15.5%
Why Square Pharma Is One of the Top Companies in Bangladesh
- Highest pharma revenue and market share
- Strongest export performance across regulated markets
- Symbol of Bangladesh’s global medicine production capability
- Consistent blue-chip stock with strong fundamentals
06. United Power Generation & Distribution Co. Ltd. (UPGDCL)
United Power Generation & Distribution Company Ltd. (UPGDCL) is one of the most profitable power companies in Bangladesh and a major supplier to industrial EPZ zones.
Industry: Power & Energy
Market Position: Leading private power producer in Bangladesh
Updated Data (2024–2025)
- Total Capacity: 160 MW
- Dhaka EPZ (DEPZ): 88 MW
- Chattogram EPZ (CEPZ): 72 MW
- Technology: Wärtsilä & Rolls-Royce engines
- Supplies: Both EPZ industries and the national grid
Why UPGDCL Is One of the Top Companies in Bangladesh
- Provides uninterrupted power to export-oriented factories
- Ensures industrial efficiency and competitiveness
- High profitability and strong dividend history
- Plays a major role in supporting Bangladesh’s export manufacturing sectors
07. Renata Limited
Renata Limited is a top-tier pharmaceutical and animal health company, with exceptional export growth and strong domestic performance.
Industry: Pharmaceuticals & Animal Health
Market Position: Fastest-growing pharma exporter in Bangladesh
Updated Highlights
- Share of National Pharma Exports: 10.78%
- Export Countries: 42+
- Export Growth:
- +34.5% USD
- +61.8% BDT
- Strong leadership in nutritional, pediatric, and veterinary products
Why Renata Is One of the Top Companies in Bangladesh
- Rapid expansion into regulated markets
- Strong export pipeline and diversified portfolio
- Enhances Bangladesh’s global pharmaceutical image
- Consistently strong financial performance
08. Beximco Pharmaceuticals Ltd. (BPL)
Beximco Pharma is one of the most globally recognized pharmaceutical companies from Bangladesh and a key subsidiary of the BEXIMCO Group.
Industry: Pharmaceuticals
Market Position: Pioneer of Bangladesh’s global pharma expansion
Updated Achievements
- Export Markets: 50+ countries
- Regulated Markets: USA, Europe, Australia, Canada
- Past winners of major global awards like SCRIP & CPhI
- One of the first Bangladeshi companies to export to the US
- Listed on the London Stock Exchange (LSE)
Why Beximco Pharma Is One of the Top Companies in Bangladesh
- Opens the door to regulated markets for local pharma
- Strengthens export competitiveness
- Part of one of the largest diversified industrial groups
- Consistent innovative adoption and global certifications
09. Berger Paints Bangladesh Ltd.
Berger Paints Bangladesh Ltd. is the largest paint manufacturer in the country with an unmatched market share.
Industry: Paints & Coatings
Market Position: #1 paint company in Bangladesh
Updated Insights
- Operating in Bangladesh since 1950
- 500+ product lines across decorative, industrial, marine, and automotive coatings
- Strong distribution and dealer network nationwide
Why Berger Is One of the Top Companies in Bangladesh
- Essential to industrial and real estate development
- Largest product portfolio and strongest brand equity
- Consistently strong earnings and dividends
- Trusted choice for construction and development sectors
10. Investment Corporation of Bangladesh (ICB)
Investment Corporation of Bangladesh (ICB) is the backbone of Bangladesh’s capital market and plays a key role in investment banking and market stabilization.
Industry: Finance, Investment Banking & Mutual Funds
Market Position: Leading state-owned financial institution
Key Contributions
- Established: 1976
- Core Functions:
- Asset management
- Merchant banking
- Industrial financing
- Capital market stabilization
- Government Shareholding: 27%
- Key player in supporting liquidity in the stock market
Why ICB Is One of the Top Companies in Bangladesh
- Stabilizes the DSE during volatility
- Supports industrial growth through financing
- Facilitates investor confidence
- Critical institution for national economic resilience
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