Over the last decade, Bangladesh has transformed into one of the fastest-growing economies in Asia. Behind this success are the leading companies in Bangladesh, which not only dominate the domestic market but also expand globally, creating jobs, paying billions in taxes, and building national pride.
In this article, we highlight the Top 10 Companies in Bangladesh (2024) based on market capitalization on the Dhaka Stock Exchange (DSE). These are the businesses that represent Bangladesh internationally, attract foreign investment, and push innovation in telecommunications, pharmaceuticals, FMCG, power, and more.
The Powerhouses of Bangladesh: 10 Leading Companies You Should Know About
Top 10 Companies in Bangladesh by Market Capitalization (2025)
| S.NO | Companies | Total Assets |
| 01 | Grameenphone Bangladesh | 454.91 Billion (9.72%) |
| 02 | Walton Bangladesh | 363.91 Billion (7.77%) |
| 03 | British American Tobacco Bangladesh | 283.82 Billion (6.06%) |
| 04 | Robi Bangladesh | 241.46 Billion (5.15%) |
| 05 | Square Pharma Bangladesh | 185.62 Billion (3.96%) |
| 06 | United Power Bangladesh | 157.85 Billion (3.37%) |
| 07 | Renata Bangladesh | 118.49 Billion (2.53%) |
| 08 | Beximco Pharma Bangladesh | 85.78 Billion (1.83%) |
| 09 | Berger Paints Bangladesh | 78.50 Billion (1.68%) |
| 10 | Investment Corporation Bangladesh (ICB) | 76.31 Billion (1.63%) |
Source: Dhaka Stock Exchange (2024)
Industry: Telecom
Highlights: Largest telecom operator, covering 99% of Bangladesh’s population.
Investment: BDT 313 billion in infrastructure.
Tax contribution: BDT 585+ billion since inception.
Achievements: Leading 4G network, largest taxpayer in Bangladesh.
Grameenphone Ltd. has so far invested more than BDT 313 billion to build the network infrastructure all over Bangladesh which helps it to become the number one telecommunication company in Bangladesh. While writing about these top 10 companies lists we have amazed by figuring out that it is one of the largest taxpayer companies in Bangladesh which has contributed more than BDT 585 billion in direct and indirect taxes to the Government of Bangladesh Exchequer since its inception.
Industry: Electronics, Home Appliances, Automobiles.
Highlights: First Bangladeshi multinational featured on National Geographic Superfactories.
Exports: 40+ countries, 67% of electronics exports.
Workforce: 30,000+ across 22 facilities.
Walton has a workforce of more than 30000+ in total 22 production bases under 700+ acres of factory area. Amazingly, The capacity of the yearly production of Walton Bangladesh is more than 10 million units based on the current market demands. Walton has become in giant professional manufacturer in Bangladesh in the relevant industry and has gained a high reputation in terms of its unbeatable capability for producing Electrical and Electronics goods; most competitively in aspects of quality, cost, design, and innovation in Bangladesh.
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Industry: Tobacco & FMCG.
History: Founded 1949, first listed on both Dhaka & Chittagong Stock Exchanges.
Contribution: BDT 22,630 crore in taxes (2018–2019).
Reputation: One of the oldest multinational presences in Bangladesh.
The first factory in Bangladesh (the then East Pakistan) was set up in 1949 at Fauzdarhat in Chattogram and in 1965, the second factory of Pakistan Tobacco Company was set up in Mohakhali, Dhaka. BAT Bangladesh is the first company listed on both Dhaka & Chittagong Stock Exchanges. And it has claimed its position among the top 10 companies in terms of Market Capitalism in Bangladesh. Its contribution to tax in Bangladesh was 22630 BDT core in 2018-2019.
Industry: Telecom.
Highlights: 46.8 million subscribers, second-largest operator.
Innovation: First to launch 4.5G in all 64 districts.
Parent Companies: Axiata Group (Malaysia) & Bharti Airtel (India).
Robi was the first operator to introduce GPRS and 3.5G services in the country. It is the first company to launch a 4.5G service in all the 64 districts of the country. This landmark milestone was achieved on the first day of the commercial launch of the service by Robi on 20 February 2018. By the end of 2018, Robi created the largest 4.5G network in the country with nearly 7,400 sites covering 99 percent of the thanas of the country. Robi also proudly claims to have the widest international roaming coverage with 398 operators across 182 countries with the widest 4G roaming footprint in 29 countries with 40 operators.
বাংলাদেশের শীর্ষ ১০টি ফ্রিল্যান্সিং ওয়েবসাইট।
Industry: Pharma.
Highlights: Market leader since 1985.
Turnover: BDT 50.87 Billion (2019).
Exports: 42 countries worldwide.
Reputation: Pioneer of Bangladesh’s global pharmaceutical exports.
SQUARE Pharmaceuticals Limited has extended its range of services towards the highway of the global market. It is the only pharmaceutical company listed 5 in the top 10 companies of Bangladesh. It pioneered exports of medicines from Bangladesh in 1987 and has been exporting antibiotics and other pharmaceutical products. The present export market covers 42 countries. This extension in business and services has manifested the credibility of Square Pharmaceuticals Limited.
Industry: Energy.
Operations: Plants in Dhaka EPZ & Chattogram EPZ.
Technology: Wärtsilä & Rolls-Royce engines.
Significance: Only power company in top 10 DSE ranking.
The Dhaka EPZ plant consists of 4 Wärtsilä Finland 20V34SG engines and 5 Rolls-Royce Norway B35:40V20AG2 engines for a combined output of 86 MW. The Chattogram EPZ plant consists of 5 Wärtsilä Finland 20V34SG engines and 3 Rolls-Royce Norway B35:40V20AG2 engines for a combined output of 72 MW. On top of supplying to the EPZs, the surplus energy is being provided to the PBS-1, Savar of Rural Electrification Board (REB) from Dhaka EPZ power plant, and to Bangladesh Power Development Board from Chattogram EPZ power plant. It is the only power plan that is listed in the top 10 companies in Bangladesh
Industry: Pharma & Animal Health.
History: Former Pfizer Bangladesh (1972), rebranded 1993.
Exports: 20+ countries including UK, Sri Lanka, and Kenya.
Recognition: 4th largest pharma company in Bangladesh.
In addition, Renata products are exported to Afghanistan, Belize, Cambodia, Ethiopia, Guyana, Honduras, Hong Kong, Kenya, Malaysia, Myanmar, Nepal, Philippines, Sri Lanka, Thailand, the United Kingdom, and Vietnam. The Company is listed on the Dhaka Stock Exchange with a market capitalization of over USD 1 billion.
Industry: Pharma.
History: Founded 1976, first global expansion in 1980s.
Achievements: Only Bangladeshi company listed on London Stock Exchange (AIM).
Awards: SCRIP Award, CPhI Pharma Award.
The Company’s manufacturing facilities have been accredited by the leading global regulatory authorities, and medicines manufactured by the Company are now being exported to more than 50 countries including the highly regulated markets of the USA, Europe, Canada, and Australia. Beximco has won the National Export (Gold) trophy 5 times. It remains the only Company in the country to win the highly prestigious SCRIP Award as the “Best Pharma Company in an Emerging Market” and also won CPhI Pharma Awards 2020 for “Innovation in Response to COVID-19.” It also has the unique distinction as the only Bangladeshi company listed on the AIM of the London Stock Exchange.
Industry: Paints & Coatings.
History: 250+ years globally, operating in BD since 1950s.
Contribution: Commands ~90% market share with competitors like Asian, Elite, Pailac.
Reputation: Leading paint solutions provider in Bangladesh.
Berger has been involved in the paint business in this part of the world since 1950, when paints were first imported from Berger UK and subsequently, from Berger Pakistan. In 1970, Berger Paints Bangladesh Limited (BPBL), erstwhile Jenson & Nicholson, had set up its paint factory in Chittagong. The name of the company was changed from J & N (Bangladesh) Limited to Berger Paints Bangladesh Limited on January 1, 1980. In August 2000, J & N Investments (Asia) Limited purchased the Government shareholding. In December 2005, the company issued 5% shares to the public and listed with Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).
বাংলাদেশের শীর্ষ ১০ টি ই-লার্নিং ওয়েবসাইট | অনলাইন শিক্ষামূলক সাইট
Industry: Finance & Investments.
History: Established 1976, government-owned statutory corporation.
Role: Investment banking, mutual funds, industrial financing.
Significance: Only state-owned entity in top 10.
Investing in the share market, providing loans and advances, and acting as manager/trustee/custodian of mutual funds are some of the main activities of ICB. It’s the most successful state-owned corporation in Bangladesh in terms of profitability. Classification of shareholders, as of 30 June 2013, shows that the Government of the People’s Republic of Bangladesh holds 27% of the shares of ICB and it is enlisted in Dhaka and Chittagong stock exchanges. In terms of Company and Group of Companies, these two words often confuse people used in common parlance. We have showcased here the top 10 companies in Bangladesh that have been renowned for their brands, products, and services. These companies have been registered on the Dhaka Stock Exchange and some of them are even registered in the foreign stock exchange markets too.
Source: DSE (2021) and Company Website
Interesting fact about the Top 10 Companies in Bangladesh
01. Bangladesh’s main industries are cotton, textiles, jute, garments, tea processing, paper newsprint, cement, chemical fertilizers, sugar and light engineering.
02. The BEXIMCO Group is the largest private-sector group in Bangladesh. BEXIMCO was founded in the 1970s by two brothers – Ahmed Sohail Fasihur Rahman and Salman Fazlur Rahman.
03. Eight business conglomerates of the country have entered the billion-dollar club. These eight industrial groups are Meghna Group of Industries (MGI), City Group, Abul Khair Group, S Alam Group, TK Group of Industries, Pran, and Square Group of Industries.
04. Berger, Asian, Roxy, Pailac, Aqua, and Elite are the major players and command an almost 90% market shares (Figure 2).
05. As per the report, Bangladesh is the 35th largest economies in 2022 with a GDP size of US$460.8 billion. Earlier, the rank of Bangladesh was 41st. According to the report, the neighboring country India has moved to the fifth place in the world economy. Earlier, it was in sixth position.
The Top 10 Companies in Bangladesh (2025) reflect the nation’s growth story. From telecom leaders like Grameenphone to global pharma exporters like Beximco and Square, these companies showcase Bangladesh’s economic resilience and ambition.
With growing FDI, expanding infrastructure, and government-backed industrial zones, Bangladesh is positioned to become a regional powerhouse in South Asia.
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