Ranking · close of 16 Oct 2026

Highest return on equity companies on PSX

The PSX companies earning the most on their shareholders' equity. Nestle Pakistan Limited (NESTLE) leads the list at 86.5%.

How this list is built: Return on average equity in the latest fiscal year. Companies with revenue of at least Rs 1 bn; returns above 200% left out. Only companies with results from the last two years (and, for price-based lists, a trade in the last month) are included. Figures are as reported: an unusually high value often reflects a one-off dividend or gain, so check the company's history before reading too much into it. What is ROE (return on equity)?

Highest return on equity companies on PSX
#		Sector
1	NESTLE Nestle Pakistan Limited	Food & Personal Care Products	86.5%	Rs 7,000.00	Rs 317.4 bn	18.4×	8.0%
2	MWMP Mandviwala Mauser Plastic Industries	Miscellaneous	84.1%	Rs 89.84	Rs 2.6 bn	35.3×	0.0%
3	MTL Millat Tractors Limited	Automobile Assembler	83.6%	Rs 303.29	Rs 121.0 bn	15.2×	6.9%
4	SAZEW Sazgar Engineering Works Limited	Automobile Assembler	70.8%	Rs 1,536.00	Rs 92.8 bn	3.9×	4.6%
5	CLOV Clover Pakistan Limited	Food & Personal Care Products	62.5%	Rs 5.80	Rs 2.6 bn	10.2×	0.0%
6	PAKT Pakistan Tobacco Company Limited	Tobacco	60.2%	Rs 1,408.99	Rs 360.0 bn	12.1×	10.6%
7	UPFL Unilever Pakistan Foods Limited	Food & Personal Care Products	59.0%	Rs 25,450.00	Rs 162.1 bn	27.3×	6.5%
8	MRNS Mehran Sugar Mills Limited	Sugar & Allied Industries	57.6%	Rs 61.00	Rs 4.6 bn	2.1×	9.0%
9	BML Bank Makramah Limited	Commercial Banks	55.2%	Rs 60.01	Rs 20.9 bn	0.4×	0.0%
10	AHL Arif Habib Limited	Inv. Banks / Inv. Cos. / Securities Cos.	53.4%	Rs 110.89	Rs 7.2 bn	6.1×	11.3%
11	ATLH Atlas Honda Limited	Automobile Assembler	51.0%	Rs 1,565.11	Rs 194.2 bn	8.7×	6.5%
12	OTSU Otsuka Pakistan Limited	Pharmaceuticals	50.9%	Rs 376.00	Rs 4.5 bn	9.6×	0.0%
13	EFERT Engro Fertilizers Limited	Fertilizer	49.1%	Rs 194.00	Rs 259.0 bn	12.2×	7.7%
14	HALEON Haleon Pakistan Limited	Pharmaceuticals	47.6%	Rs 676.99	Rs 79.2 bn	12.0×	4.4%
15	COLG Colgate-Palmolive (Pakistan) Limited	Food & Personal Care Products	47.3%	Rs 1,106.99	Rs 268.7 bn	14.4×	5.8%
16	PRL Pakistan Refinery Limited	Refinery	45.5%	Rs 106.85	Rs 67.3 bn	4.3×	0.0%
17	MCBIM MCB Investment Management Limited.	Inv. Banks / Inv. Cos. / Securities Cos.	45.1%	Rs 153.73	Rs 11.1 bn	6.2×	4.6%
18	SRVI Service Industries Limited	Leather & Tanneries	43.6%	Rs 175.99	Rs 82.7 bn	9.4×	1.0%
19	FCSC First Capital Securities Corporation	Inv. Banks / Inv. Cos. / Securities Cos.	41.4%	Rs 5.25	Rs 1.7 bn	1.4×	0.0%
20	BPL Burshane LPG (Pakistan) Limited	Oil & Gas Marketing Companies	40.1%	Rs 46.89	Rs 1.3 bn	7.1×	2.1%
21	AKDSL AKD Securities Limited	Inv. Banks / Inv. Cos. / Securities Cos.	40.0%	Rs 32.15	Rs 17.9 bn	3.1×	0.0%
22	ENGROH Engro Holdings Limited	Inv. Banks / Inv. Cos. / Securities Cos.	39.4%	Rs 261.79	Rs 310.5 bn	8.0×	0.0%
23	NONS Noon Sugar Mills Limited	Sugar & Allied Industries	38.8%	Rs 82.00	Rs 1.4 bn	2.0×	4.9%
24	HPL Hoechst Pakistan Limited	Pharmaceuticals	38.6%	Rs 4,030.00	Rs 38.9 bn	10.4×	6.0%
25	GHNI Ghandhara Industries Limited	Automobile Assembler	38.6%	Rs 1,030.00	Rs 43.9 bn	6.3×	1.2%
26	POWER Power Cement Limited	Cement	38.2%	Rs 21.07	Rs 27.2 bn	7.4×	0.0%
27	POL Pakistan Oilfields Limited	Oil & Gas Exploration Companies	38.2%	Rs 671.01	Rs 190.5 bn	5.6×	14.9%
28	GAL Ghandhara Automobiles Limited	Automobile Assembler	36.2%	Rs 489.50	Rs 27.9 bn	4.3×	2.5%
29	THCCL Thatta Cement Company Limited	Cement	36.2%	Rs 66.50	Rs 28.2 bn	11.8×	0.3%
30	MEBL Meezan Bank Limited	Commercial Banks	33.8%	Rs 547.85	Rs 986.4 bn	10.7×	5.1%
31	FFC Fauji Fertilizer Company Limited	Fertilizer	33.2%	Rs 538.00	Rs 774.2 bn	8.8×	6.9%
32	STL Supernet Technologies Limited	Technology & Communication	32.9%	Rs 22.56	Rs 3.7 bn	8.6×	1.1%
33	AIRLINK Air Link Communication Limited	Technology & Communication	32.7%	Rs 118.25	Rs 46.7 bn	7.5×	1.7%
34	SSGC Sui Southern Gas Company Limited	Oil & Gas Marketing Companies	32.5%	Rs 22.98	Rs 20.2 bn	5.9×	2.2%
35	GLAXO GlaxoSmithKline Pakistan Limited	Pharmaceuticals	32.4%	Rs 312.07	Rs 99.4 bn	9.5×	5.4%
36	HINOON Highnoon Laboratories Limited	Pharmaceuticals	32.3%	Rs 931.50	Rs 49.4 bn	12.5×	5.4%
37	UBL United Bank Limited	Commercial Banks	31.5%	Rs 415.25	Rs 1.04 tn	8.0×	7.1%
38	INDU Indus Motor Company Limited	Automobile Assembler	31.1%	Rs 1,797.92	Rs 141.3 bn	5.5×	10.8%
39	IPAK International Packaging Films Limited	Paper, Board & Packaging	30.9%	Rs 31.70	Rs 23.3 bn	4.7×	6.3%
40	DLL Dawood Lawrencepur Limited	Inv. Banks / Inv. Cos. / Securities Cos.	30.0%	Rs 42.87	Rs 34.3 bn	14.8×	0.0%
41	IMS Intermarket Securities Limited	Inv. Banks / Inv. Cos. / Securities Cos.	29.6%	Rs 17.45	Rs 22.5 bn	41.3×	0.0%
42	GRR Globe Residency REIT	Real Estate Investment Trust	29.4%	Rs 16.99	Rs 2.4 bn	3.2×	20.6%
43	MARI Mari Energies Limited	Oil & Gas Exploration Companies	29.2%	Rs 633.13	Rs 760.2 bn	8.7×	4.3%
44	ABOT Abbott Laboratories (Pakistan) Limited	Pharmaceuticals	28.8%	Rs 938.50	Rs 91.9 bn	10.7×	4.3%
45	ARPL Archroma Pakistan Limited	Chemical	28.8%	Rs 381.98	Rs 13.2 bn	8.2×	7.9%
46	GCIL Ghani Chemical Industries Limited	Chemical	27.5%	Rs 32.87	Rs 16.4 bn	6.5×	0.0%
47	AHCL Arif Habib Corporation Limited	Fertilizer	27.4%	Rs 15.25	Rs 64.3 bn	4.1×	8.2%
48	PABC Pakistan Aluminium Beverage Cans Limited	Miscellaneous	27.0%	Rs 94.00	Rs 33.9 bn	6.5×	0.0%
49	FATIMA Fatima Fertilizer Company Limited	Fertilizer	26.8%	Rs 138.74	Rs 291.4 bn	6.4×	4.3%
50	EWIC East West Insurance Company Limited	Insurance	26.8%	Rs 58.14	Rs 18.0 bn	9.2×	0.0%

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