Bangladesh is rapidly evolving into one of Asia’s fastest-growing economies, with GDP surpassing $475+ billion in 2025 and industrial growth accelerating across key sectors. Behind this remarkable progress stand the Top 10 Companies in Bangladesh — the nation’s largest, strongest, and most influential corporations that drive employment, exports, foreign investment, technological adoption, and long-term economic stability.
These top companies represent the backbone of the Bangladeshi economy. Their impact spans across telecommunications, pharmaceuticals, FMCG, energy, financial services, electronics, and manufacturing. Through strong governance, consistent profitability, and nationwide operations, these top 10 Bangladeshi companies continue to shape the country’s business landscape and propel Bangladesh toward becoming a trillion-dollar economy by the next decade.
In 2025, the market capitalization of these leading corporations reflects not only financial strength but also their strategic importance in fostering economic resilience. Companies like Grameenphone, Walton, BATB, Square Pharmaceuticals, and others play critical roles in powering digital transformation, expanding export capabilities, improving industrial infrastructure, and delivering essential services to millions of people.
This article ranks the Top 10 Companies in Bangladesh (2025) based on market capitalization, using the latest data from the Dhaka Stock Exchange (DSE), verified annual reports, audited financial statements, and credible industry sources. By analyzing their size, revenue, operations, and national contributions, this comprehensive list offers a clear and data-backed view of the biggest companies in Bangladesh today.
Whether you are researching the most influential publicly listed Bangladeshi companies, exploring investment and trading opportunities, studying corporate strategy, or simply trying to understand Bangladesh’s economic progress, this updated ranking will give you valuable insights into the companies shaping Bangladesh’s future.
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 |
01. Grameenphone PLC (GP)
Grameenphone (GP) is consistently recognized among the Top 10 Companies in Bangladesh, holding a dominant position as one of the most valuable and influential corporations listed on the Dhaka Stock Exchange. As the country’s largest telecom operator in terms of revenue, subscribers, and market capitalization, GP has become deeply integrated into Bangladesh’s digital backbone and national economic structure.
Supported by the global expertise of the Telenor Group, Grameenphone has transformed mobile communication in the country. Its network powers essential daily activities — from banking and e-commerce to online education, remote work, entertainment, and nationwide connectivity. This wide-ranging impact is one of the key reasons GP is regularly featured among the top Bangladeshi companies shaping the country’s economic future. With unmatched network coverage, a massive subscriber base, and strong financial consistency, Grameenphone has earned a reputation as one of the most dependable blue-chip stocks in Bangladesh. Its consistent investments in spectrum, infrastructure, and digital services have kept the company at the forefront of technological advancement, strengthening its role not just as a telecom leader but also as one of the largest and most profitable companies in Bangladesh overall.
GP’s contribution to the national economy is substantial — from paying one of the highest cumulative tax amounts in the country to generating thousands of direct and indirect jobs and enabling the digital transformation of SMEs and rural communities. These strengths make it a key pillar in the list of the Top 10 Companies in Bangladesh (2025) and a cornerstone of the nation’s long-term development. Because of its scale, credibility, and continuous innovation, Grameenphone remains a top choice for investors and analysts who closely follow the performance of the leading companies in Bangladesh.
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 10 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 stands firmly among the Top 10 Companies in Bangladesh, securing its position as the country’s leading force in the electronics and home appliance sector. As one of the largest Bangladeshi manufacturers, Walton has redefined the nation’s industrial capabilities by developing one of the most advanced and vertically integrated production ecosystems in South Asia. Its rapid expansion, technological investment, and strong market leadership make Walton an essential inclusion in any ranking of the top Bangladeshi companies shaping the future of the country.
Operating from an industrial complex spanning more than 700 acres, Walton manufactures an extensive range of products — including refrigerators, televisions, air conditioners, compressors, smartphones, and a growing line of IoT-enabled smart devices. This large-scale manufacturing capacity enables Walton to dominate the domestic market while simultaneously building a strong competitive edge in global export markets, reflecting why it is consistently featured among the largest companies in Bangladesh. Walton’s international growth has been impressive. Its products are now exported to consumers in over 40 countries, helping establish Bangladesh as a rising global manufacturing hub. By developing key components in-house — such as compressors — and maintaining heavy investment in research and innovation, Walton significantly reduces import dependence and strengthens national industrial resilience. This commitment to vertical integration is one of the reasons it remains a standout performer within the Top 10 Companies in Bangladesh.
With its steady growth trajectory, rising global recognition, and leadership in consumer electronics, Walton remains a key driver of Bangladesh’s economic ambitions and a cornerstone entity in the list of the Top 10 Companies in Bangladesh (2025).
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 10 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 recognized among the Top 10 Companies in Bangladesh, maintaining its position as one of the most profitable, stable, and influential corporate entities in the country. As one of the oldest operating multinationals in Bangladesh, BATB has built a legacy of strong financial performance, high market capitalization, and exceptional shareholder returns — traits that firmly place it among the top Bangladeshi companies year after year.
Operating in Bangladesh since 1949, BATB has become a cornerstone of the nation’s corporate landscape, supported by a long history of operational excellence, efficient supply chain management, and strong brand dominance. Its contribution to the national exchequer is unparalleled; BATB remains one of the largest taxpayers in Bangladesh, paying tens of thousands of crores annually in duties, corporate taxes, and VAT. This level of fiscal contribution is one of the primary reasons it consistently ranks among the largest companies in Bangladesh by national impact.
Despite operating in a highly regulated industry, British American Tobacco Bangladesh continues to demonstrate resilience and strategic growth. Its consistent earnings, robust operations, and high market influence reinforce its status as one of the Top 10 Companies in Bangladesh (2025) and a key driver of national revenue and corporate stability.
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 10 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 widely recognized as one of the Top 10 Companies in Bangladesh, standing out as the country’s second-largest telecom operator and a major force in the digital ecosystem. With its strong focus on competitive pricing, innovation, and rapid technological adoption, Robi has played a transformative role in expanding mobile internet accessibility across urban and rural regions of Bangladesh.
As a subsidiary of the Axiata Group, Robi brings international expertise into Bangladesh’s telecom sector, helping accelerate the country’s digitalization goals. Its extensive 4G network, nationwide coverage, and customer-focused service offerings have positioned Robi among the top Bangladeshi companies contributing to the digital economy. The operator’s continuous push for advanced services — such as VoLTE, eSIM, enterprise connectivity solutions, and data-driven platforms — underscores its commitment to modernizing Bangladesh’s communications infrastructure.
Robi’s growing subscriber base, strong data usage trends, and consistent improvements in revenue and EBITDA reflect its rising influence within the telecom industry. Its investments in high-speed connectivity, digital tools, and service innovation have strengthened its position as one of the leading companies in Bangladesh—both in terms of technological capability and economic contribution. Beyond connectivity, Robi’s impact extends to job creation, SME empowerment, digital literacy, and supporting Bangladesh’s transition toward a more connected and knowledge-driven economy. These achievements firmly secure its place within the Top 10 Companies in Bangladesh (2025) and highlight its importance in shaping the nation’s digital future.
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 10 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 stands as one of the Top 10 Companies in Bangladesh, maintaining its long-held position as the country’s largest and most trusted pharmaceutical manufacturer. As a dominant player on the Dhaka Stock Exchange (DSE), Square consistently delivers strong financial performance, steady growth, and industry-leading standards — placing it among the most respected and influential corporations in Bangladesh.
Since its establishment, Square Pharma has played a defining role in building Bangladesh’s pharmaceutical strength. The company controls the highest share of the domestic market, supplying quality medicines across hospitals, clinics, and retail pharmacies nationwide. Its world-class manufacturing facilities are certified to international standards, enabling Square to produce a wide range of essential and specialty medicines that meet global regulatory requirements.
Square Pharmaceuticals’ export achievements are equally impressive. Its products are shipped to more than 40 countries, helping position Bangladesh as a rising force in global healthcare manufacturing. This expanding export footprint, combined with advanced R&D capabilities and continuous investment in modernization, has solidified Square’s position as one of the top Bangladeshi companies with a strong international presence. Beyond its market dominance, Square’s contribution to national health, industrial development, and employment makes it one of the largest and most impactful companies in Bangladesh. Its commitment to innovation, quality assurance, and ethical business practices sets a benchmark within the pharmaceutical sector, ensuring that it remains a cornerstone of the Top 10 Companies in Bangladesh (2025).
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 10 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 widely regarded as one of the Top 10 Companies in Bangladesh, standing out as one of the most profitable and efficiently run power producers in the country. With a strong focus on reliability and industrial support, UPGDCL plays a crucial role in ensuring uninterrupted electricity supply to Bangladesh’s major Export Processing Zones (EPZs), which serve as the backbone of the nation’s manufacturing and export industries.
As one of the leading power companies in Bangladesh, UPGDCL has built its reputation on operational excellence, advanced technology, and consistent financial performance. The company’s power plants, equipped with engines from global leaders like Wärtsilä and Rolls-Royce, deliver high-quality and stable electricity — a critical requirement for factories operating within Dhaka EPZ, Chattogram EPZ, and other industrial zones. This dependable supply helps thousands of export-oriented industries maintain production efficiency and meet international delivery schedules.
UPGDCL’s strong profitability, steady dividend history, and high demand for industrial power services have made it a favorite among investors, further solidifying its position as one of the top Bangladeshi companies on the Dhaka Stock Exchange. By supporting the operational needs of major textile, garment, leather, plastic, and manufacturing units, the company significantly contributes to Bangladesh’s export competitiveness and economic growth. Its strategic importance, consistent earnings, and long-term stability reinforce UPGDCL’s place among the Top 10 Companies in Bangladesh (2025), highlighting its essential role in powering industrial development and strengthening the country’s energy infrastructure.
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 widely recognized as one of the Top 10 Companies in Bangladesh, earning its reputation as a leading pharmaceutical and animal health manufacturer with a strong presence in both domestic and international markets. Known for its consistent performance, high-quality product standards, and impressive export growth, Renata has become one of the most respected and fast-expanding corporations in the Bangladeshi pharmaceutical sector.
Originally founded as Pfizer Bangladesh, the company rebranded as Renata Limited and has since transformed into a dynamic force in the industry. Today, it stands among the largest pharmaceutical companies in Bangladesh, supplying a wide range of essential medicines, nutritional products, and veterinary formulations across the country. Renata’s diversified portfolio and commitment to innovation have helped it achieve strong year-on-year growth and establish itself as a trusted name among healthcare professionals. One of Renata’s defining strengths is its rapid export expansion. The company now ships pharmaceuticals to 40+ countries, contributing significantly to Bangladesh’s global pharma footprint. Its double-digit export growth — both in USD and BDT terms — highlights Renata’s rising competitiveness in regulated and semi-regulated markets, positioning it among the top Bangladeshi companies with international reach.
Beyond its commercial success, Renata plays a vital role in improving healthcare access, supporting local supply chains, and creating skilled employment opportunities. Its strong governance, high manufacturing standards, and expanding market presence reaffirm its position in the Top 10 Companies in Bangladesh (2025) and underline its importance as a key contributor to the country’s healthcare and industrial development.
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 10 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 Pharmaceuticals Ltd. (Beximco Pharma) is one of the most globally recognized pharmaceutical manufacturers from Bangladesh and a flagship subsidiary of the BEXIMCO Group. Its strong international presence, advanced manufacturing capabilities, and consistent financial performance firmly position the company among the Top 10 Companies in Bangladesh and one of the country’s most influential corporate brands.
As a pioneer in the nation’s pharmaceutical industry, Beximco Pharma was one of the first Bangladeshi companies to tap into highly regulated global markets. Its products are now exported to more than 50 countries across the United States, Europe, Australia, and Canada — a rare achievement that highlights the company’s world-class production standards and regulatory compliance. This international footprint has made Beximco Pharma one of the top Bangladeshi companies shaping Bangladesh’s global reputation in the healthcare sector.
Beximco Pharma is also the first Bangladeshi pharmaceutical company listed on the London Stock Exchange (LSE), a milestone that underscores its credibility, transparency, and strong investor confidence. Backed by continuous investment in research, formulation development, and advanced technologies, the company maintains a diverse portfolio of specialty drugs, generics, and lifesaving medicines. Domestically, Beximco Pharma is regarded as one of the leading pharmaceutical companies in Bangladesh, supplying high-quality medicines across hospitals, clinics, and retail pharmacies nationwide. Its strong governance, robust export engine, and commitment to innovation play a significant role in expanding Bangladesh’s pharmaceutical capabilities and strengthening the country’s position in global healthcare supply chains.
With its sustained growth, international recognition, and diversified market reach, Beximco Pharma remains a key contributor to the national economy and a standout performer in the Top 10 Companies in Bangladesh (2025).
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 10 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 widely regarded as one of the Top 10 Companies in Bangladesh, holding an unmatched leadership position in the country’s paint and coatings industry. As the largest paint manufacturer in Bangladesh, Berger dominates both the decorative and industrial paint markets, supplying products to homes, commercial spaces, factories, marine vessels, and automotive sectors nationwide.
With a history in Bangladesh that dates back to 1950, Berger has built a reputation for reliability, innovation, and consistent product quality. Its extensive portfolio includes more than 500+ product lines — ranging from interior and exterior paints to protective coatings, marine finishes, industrial solutions, wood coatings, and specialized construction chemicals. This breadth of offerings has made Berger one of the top Bangladeshi companies trusted by homeowners, engineers, architects, contractors, and industrial clients alike. Berger’s commitment to research, technology, and innovation has helped it consistently maintain its dominant market share. The company has introduced advanced tinting technologies, eco-friendly paints, and high-performance industrial coatings, pushing the Bangladeshi paint industry forward and reinforcing its role as one of the leading companies in Bangladesh.
Its strong distribution network, nationwide dealer presence, and long-term brand credibility make Berger a key contributor to the country’s construction, housing, and infrastructure sectors. With sustained financial performance and an influential market presence, Berger Paints remains a major pillar within the Top 10 Companies in Bangladesh (2025), playing a vital role in supporting both economic growth and countrywide development.
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 10 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 widely recognized as one of the Top 10 Companies in Bangladesh, serving as the backbone of the nation’s capital market and one of the most influential state-owned financial institutions in the country. Since its establishment in 1976, ICB has been at the center of Bangladesh’s investment ecosystem, playing a pivotal role in market stabilization, liquidity support, asset management, and investment banking services.
As one of the largest financial institutions in Bangladesh, ICB provides essential services such as portfolio management, mutual fund operations, merchant banking, and long-term industrial financing. These activities make it a critical enabler of corporate growth and capital formation, supporting both private-sector development and government-led economic initiatives. ICB’s presence is particularly vital during periods of market volatility, when its strategic interventions help restore investor confidence and maintain market balance. ICB is also one of the most influential top Bangladeshi companies in terms of market impact. Its investment decisions, fund operations, and equity positions directly affect overall market sentiment on the Dhaka Stock Exchange (DSE). With a substantial portfolio of government and corporate securities, ICB plays a key role in channeling long-term savings into productive economic sectors, strengthening the financial foundation of the country.
Beyond its financial influence, ICB contributes to national development by supporting industrial expansion, fostering entrepreneurship, and ensuring broad participation in the capital market. Its stability, long-standing reputation, and consistent strategic importance firmly secure its position in the Top 10 Companies in Bangladesh (2025) and highlight its crucial role in shaping the future of the country’s
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 10 Companies in Bangladesh
- Stabilizes the DSE during volatility
- Supports industrial growth through financing
- Facilitates investor confidence
- Critical institution for national economic resilience
3 comments
How can I earn from here?
Share your writings and you will earn money on the basis of your article qualities and writing abilities. For more please, email to businesshaunt@gmail.com
GenerateArtificial Intelligence Brand, Domain, Business Names with ChatGPT Name Generator. We offer an advanced AI-powered name generator tool that provides distinctive and imaginative names for your business, brand, product, services, website, domain, and other ventures.