Bangladesh is rapidly evolving into one of Asia’s fastest-growing economies, with a GDP reaching $475+ billion in 2025. Behind this rise stand the top companies in Bangladesh — corporate giants that fuel employment, foreign investment, exports, technological advancement, and national revenue.
This ranking lists the Top 10 Companies in Bangladesh (2025) based on market capitalization, using the latest publicly available financial data, annual reports, and DSE market flows.
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 |
Bangladesh’s Largest Telecom & Most Valuable Stock
Industry: Telecom
DSE Code: GP
Key Updated Facts:
- Revenue (2023): BDT 158.7 billion
- Subscribers: 82.0 million (2023) → 84.6 million (2024)
- Network coverage: 99% of population
- Dividend reputation: One of the highest dividend-paying companies
- Major taxpayer with long-term contribution exceeding BDT 585 billion+ (cumulative)
Why It Matters:
GP is the digital backbone of Bangladesh, powering mobile internet, banking, e-commerce, remote work, and SME growth.
Bangladesh’s Industrial and Export Powerhouse
Industry: Electronics & Home Appliances
Updated Highlights:
- Factories: 700+ acres
- Workforce: 30,000+
- Export footprint: 40+ countries
- Products: TVs, refrigerators, ACs, compressors, smartphones, IoT appliances
Why Walton Matters:
Walton drives industrial diversification, reducing import dependency and boosting Bangladesh’s image as a manufacturing nation.
One of the Oldest and Most Profitable Multinationals
Industry: Tobacco & FMCG
Key Facts:
- Major taxpayer: BDT 22,630 crore in FY 2018–19 alone
- Strong dividend history
- Operating in Bangladesh since 1949
- Continues among top 5 companies by market cap every year
Why BATB Matters:
Despite regulatory changes, BATB remains a consistent high-profit blue-chip and a critical revenue contributor.
Fast-Growing Digital Services & Telecom Provider
Industry: Telecom
Updated Data:
- Active subscribers: 56.7 million (2024)
- 4G coverage: 98.96% of population
- 4G sites: 18,000+
- Internet subscribers: 42.6 million
- EBITDA growth: 10.5% YoY
Why Robi Matters:
Robi drives competition, affordability, and digital innovation (e.g., VoLTE, bulk data, enterprise solutions).
Bangladesh’s #1 Pharmaceutical Company Since 1985
Industry: Pharmaceuticals
Updated Performance:
- Turnover (FY 23–24): BDT 70.10 billion
- Domestic market share: 17.3%
- Export presence: 42+ countries
- Growth rate: ~15.5% annually
Why Square Matters:
It is the largest, most reputable pharma exporter, and a symbol of Bangladesh’s global medicine capability.
Core Energy Provider for Industrial EPZ Zones
Industry: Power & Energy
Updated Data:
- Total capacity: 160 MW
- Dhaka EPZ (DEPZ): 88 MW
- Chattogram EPZ (CEPZ): 72 MW
- Technology: Wärtsilä & Rolls-Royce engines
- Supplies both EPZ and national grid
Why UPGDCL Matters:
Ensures uninterrupted power for export-oriented industries — crucial for Bangladesh’s industrial performance.
Bangladesh’s Fastest-Growing Pharma Exporter
Industry: Pharmaceuticals & Animal Health
Updated Highlights:
- Export share of national pharma exports: 10.78%
- Total export countries: 42+
- Export growth:
- +34.5% USD growth
- +61.8% BDT growth
- Strong domestic portfolio in nutritional & veterinary products
Why Renata Matters:
Renata is evolving into a global specialty pharma exporter, strengthening Bangladesh’s manufacturing reputation.
Only Bangladeshi Pharma Listed on the London Stock Exchange
Industry: Pharmaceuticals
Updated Achievements:
- Export markets: 50+ countries
- Regulated markets: USA, Europe, Canada, Australia
- Global awards: SCRIP Award, CPhI Award
- Part of: BEXIMCO Group, the largest conglomerate by diversified industries
Why Beximco Matters:
Pioneer of Bangladesh’s entry into regulated global pharma markets.
Dominant Leader in Bangladesh’s Paint Industry
Industry: Paints & Coatings
Updated Insights:
- Dominant share in decorative & industrial paints
- Operating in Bangladesh since 1950
- Offers 500+ product lines across industrial, marine, automotive, and decorative coatings
Why Berger Matters:
A critical player for Bangladesh’s construction, housing, and industrial development.
Most Important State-Owned Financial Institution
Industry: Finance, Investment Banking, Mutual Funds
Key Contributions:
- Established: 1976
- Activities: Asset management, merchant banking, industrial finance, market stabilization
- Government shareholding: 27%
- Plays a central role in supporting capital market liquidity
Why ICB Matters:
ICB is the stabilizing force in Bangladesh’s capital market.
Source: DSE (2021) and Company Website
What is the No. 1 company in Bangladesh in 2025?
The number one company in Bangladesh in 2025, based on market capitalization, is Grameenphone PLC, the country’s largest telecom operator with over 82–85 million subscribers and extensive nationwide coverage.
Which industry dominates the top companies in Bangladesh?
Bangladesh’s top companies are dominated by telecom, pharmaceuticals, power, electronics, and finance. Pharma and telecom contribute the highest revenue and market capitalization.
Which company is the largest pharmaceutical manufacturer in Bangladesh?
Square Pharmaceuticals PLC is the largest pharmaceutical company, holding around 17% market share with exports to over 42 countries.
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