GovTwin / Companies

Bangladesh's largest companies

100 of the country's most prominent firms, grouped by sector. The 58 that trade on the Dhaka Stock Exchange carry verified market capitalisation and paid-up capital from their DSE company page; the 42 unlisted conglomerates are described qualitatively, with no financial figures stated where none can be sourced. Each profile flags the policy questions the firm raises: market concentration, the bank-group nexus, forex exposure, governance, labour, and environment.

Banking (15)

BRAC Bank BRACBANK market cap 152,485 mn BDT BRAC
BRAC Bank is a private commercial bank affiliated with the BRAC group, known for its focus on small and medium enterprise (SME) finance alongside retail and corporate banking. It is among the higher-capitalised banks on the Dhaka bourse.
Islami Bank Bangladesh ISLAMIBANK market cap 52,486 mn BDT Islami Bank
Islami Bank Bangladesh is the country's largest Shariah-compliant (Islamic) commercial bank, intermediating deposits and financing on a profit-and-loss-sharing and trade-based basis rather than conventional interest. It plays a major role in remittance handling and SME/industrial finance.
Pubali Bank PUBALIBANK market cap 50,587 mn BDT Pubali
Pubali Bank is one of the largest and oldest private commercial banks in Bangladesh by branch network, offering broad-based retail, SME and corporate banking across the country including rural areas.
City Bank CITYBANK market cap 50,383 mn BDT Anwar Group-linked
City Bank is one of the older private commercial banks in Bangladesh, offering a full range of retail, corporate and SME banking services. It is associated with the Anwar group business family.
Eastern Bank EBL market cap 41,257 mn BDT EBL
Eastern Bank (EBL) is a private commercial bank positioned in corporate, retail and trade banking, with a reputation for relatively conservative credit and a focus on higher-end retail and corporate clients.
Dutch-Bangla Bank DUTCHBANGL market cap 40,398 mn BDT DBBL
Dutch-Bangla Bank is a private commercial bank widely recognised for pioneering large-scale agent banking, ATM networks and mobile financial services in Bangladesh. It combines conventional banking with a strong digital and financial-inclusion footprint.
Prime Bank PRIMEBANK market cap 36,559 mn BDT Prime
Prime Bank is a private commercial bank in Bangladesh offering a full range of corporate, retail, and SME banking services. It is listed on the Dhaka Stock Exchange in the top-tier 'A' category.
Bank Asia BANKASIA market cap 24,769 mn BDT Bank Asia
Bank Asia is a private commercial bank in Bangladesh offering retail, corporate, SME, and Islamic banking services through a nationwide branch and agent-banking network.
Jamuna Bank JAMUNABANK market cap 23,953 mn BDT Jamuna
Jamuna Bank is a private commercial bank in Bangladesh providing corporate, retail, and SME banking services. It is listed on the Dhaka Stock Exchange in the 'A' category.
Trust Bank TRUSTBANK market cap 15,607 mn BDT Army Welfare Trust
Trust Bank is a private commercial bank sponsored by the Army Welfare Trust, providing conventional and Islamic banking to retail, corporate, and institutional customers.
United Commercial Bank UCB market cap 13,643 mn BDT UCB / Bashundhara-linked
United Commercial Bank (UCB) is one of Bangladesh's older private commercial banks, offering corporate, retail, and SME banking nationwide. It trades on the Dhaka Stock Exchange in the 'Z' category.
Southeast Bank SOUTHEASTB market cap 13,106 mn BDT Southeast
Southeast Bank is a private commercial bank in Bangladesh providing corporate, retail, and SME banking with a notable Islamic banking presence. It is listed on the Dhaka Stock Exchange in the 'A' category.
National Bank NBL market cap 12,879 mn BDT Sikder Group-linked
National Bank Limited (NBL) is one of the oldest private commercial banks in Bangladesh, offering corporate, retail, and SME banking. It trades on the Dhaka Stock Exchange in the 'Z' category and has a very large paid-up capital base.
Mutual Trust Bank MTB market cap 12,653 mn BDT MTB / ASF-linked
Mutual Trust Bank (MTB) is a private commercial bank in Bangladesh offering corporate, retail, and SME banking. It is listed on the Dhaka Stock Exchange in the 'A' category.
Dhaka Bank DHAKABANK market cap 11,943 mn BDT Dhaka Bank
Dhaka Bank is a private commercial bank in Bangladesh serving corporate, retail, and SME clients. It is listed on the Dhaka Stock Exchange in the 'A' category.

FMCG & consumer goods (13)

British American Tobacco Bangladesh BATBC market cap 114,966 mn BDT BAT
British American Tobacco Bangladesh is the local subsidiary of the multinational BAT and the dominant cigarette manufacturer in Bangladesh.
Marico Bangladesh MARICO market cap 86,319 mn BDT Marico
Marico Bangladesh is the local subsidiary of India's Marico and a leading player in the hair-oil and personal-care category, anchored by its Parachute coconut-oil brand.
Berger Paints Bangladesh BERGERPBL market cap 67,727 mn BDT Berger / Jenson & Nicholson
Berger Paints Bangladesh is a leading manufacturer and marketer of decorative and industrial paints, coatings and related products in Bangladesh. It is the local arm of the Berger group with roots in the historic Jenson & Nicholson paint lineage.
Olympic Industries OLYMPIC market cap 28,591 mn BDT Olympic
Olympic Industries PLC is a leading Bangladeshi packaged-food manufacturer best known for its biscuits and confectionery sold under the Olympic brand.
Reckitt Benckiser Bangladesh RECKITTBEN market cap 15,424 mn BDT Reckitt
Reckitt Benckiser (Bangladesh) PLC is the local subsidiary of the multinational Reckitt and a leading supplier of health, hygiene and home-care products.
Aarong (BRAC) unlisted BRAC
Aarong is a Bangladeshi lifestyle and ethical-retail brand operated by BRAC, the development organization, selling handicrafts, apparel and home goods sourced from rural artisans.
Bengal Group unlisted Bengal
Bengal Group is a large diversified Bangladeshi industrial conglomerate best known for its plastics business, alongside food, packaging and other manufacturing interests.
City Group unlisted City Group
City Group is one of Bangladesh's major edible oil and commodity refiners and processors, supplying refined cooking oil, flour, sugar, rice and other staple foods to the domestic market.
Ispahani Group unlisted MM Ispahani
MM Ispahani (Ispahani Group) is one of Bangladesh's oldest business houses, long associated with tea, and active across food, consumer goods and other trading and manufacturing interests.
Nestle Bangladesh unlisted Nestle
Nestle Bangladesh is the local subsidiary of the Swiss multinational Nestle and a major supplier of packaged food and beverage products in the country.
PRAN-RFL Group unlisted PRAN-RFL
PRAN-RFL Group is one of Bangladesh's largest diversified agro-processing and consumer-goods conglomerates, combining the PRAN food-and-beverage business with the RFL plastics and household-goods business.
TK Group unlisted TK (Shun Shing)
TK Group is a Bangladeshi industrial group active in edible oil and commodity processing alongside other manufacturing and trading lines.
Unilever Bangladesh unlisted Unilever
Unilever Bangladesh is the local arm of the multinational consumer-goods company Unilever and a major supplier of personal-care and home-care products in the country.

Diversified conglomerates (13)

ACI Limited ACI market cap 16,266 mn BDT ACI Group
ACI Limited (Advanced Chemical Industries PLC) is one of Bangladesh's largest diversified conglomerates, with interests spanning pharmaceuticals, consumer goods, agribusiness and retail.
Abul Khair Group unlisted Abul Khair
Abul Khair Group is a large Chattogram-based diversified Bangladeshi conglomerate with interests in steel, cement, consumer goods and other manufacturing.
Akij Group / Akij Bashir unlisted Akij
Akij Group is a large diversified Bangladeshi conglomerate with interests spanning building materials, consumer goods and industrial products; Akij Bashir Group is the building-materials and manufacturing arm carved out of the broader Akij interests.
Anwar Group unlisted Anwar
Anwar Group is one of Bangladesh's oldest diversified business houses, with interests across textiles, steel, cement, real estate, automobiles and financial services.
Bashundhara Group unlisted Bashundhara
Bashundhara Group is one of Bangladesh's largest diversified conglomerates, with operations spanning real estate, cement, paper, food, LP gas, steel and media.
Beximco Group unlisted Beximco
Beximco (Bangladesh Export Import Company) Group is one of Bangladesh's largest diversified private conglomerates, with interests in pharmaceuticals, textiles, energy, financial services and media.
Jamuna Group unlisted Jamuna
Jamuna Group is a diversified Bangladeshi conglomerate with prominent interests in real estate and retail, textiles, manufacturing and media.
Meghna Group of Industries unlisted MGI
Meghna Group of Industries (MGI) is a large diversified Bangladeshi conglomerate spanning food, consumer goods, building materials and industrial products.
Navana Group unlisted Navana
Navana Group is a diversified Bangladeshi conglomerate widely known for automobile distribution and assembly, alongside real estate, electronics and energy-related businesses.
Orion Group unlisted Orion
Orion Group is a diversified Bangladeshi conglomerate with interests in pharmaceuticals, power generation, infrastructure and consumer goods.
Partex Star Group unlisted Partex
Partex Star Group is a diversified Bangladeshi conglomerate, one of several business arms tracing to the original Partex group, with interests in building materials, consumer goods and other manufacturing.
S Alam Group unlisted S Alam
S Alam Group is a large Chattogram-based diversified Bangladeshi conglomerate with interests spanning manufacturing, energy, shipping, commodities and financial institutions.
Transcom Group unlisted Transcom
Transcom Group is a long-established diversified Bangladeshi conglomerate spanning consumer goods, beverages, pharmaceuticals, media and consumer electronics distribution.

Pharmaceuticals (11)

Square Pharmaceuticals SQURPHARMA market cap 188,194 mn BDT Square Group
Square Pharmaceuticals is a leading Bangladeshi pharmaceutical manufacturer and the flagship of the Square Group, with one of the largest market capitalizations on the Dhaka Stock Exchange. It produces and markets a broad range of branded generic medicines.
Beximco Pharmaceuticals BXPHARMA market cap 54,470 mn BDT Beximco Group
Beximco Pharmaceuticals is a major Bangladeshi drug manufacturer and the pharmaceutical arm of the Beximco Group, one of the country's largest conglomerates. It produces branded generic medicines for the domestic market and exports.
Beacon Pharmaceuticals BEACONPHAR market cap 23,562 mn BDT Beacon
Beacon Pharmaceuticals is a listed Bangladeshi drug manufacturer with a particular focus on oncology and specialty medicines. It produces and markets a range of human pharmaceuticals for the domestic market and export.
ACME Laboratories ACMELAB market cap 16,230 mn BDT ACME Group
ACME Laboratories is a long-established Bangladeshi pharmaceutical manufacturer and the flagship of the diversified ACME Group. It develops, manufactures, and markets human and veterinary medicines for the domestic market and exports.
IBN Sina Pharmaceutical IBNSINA market cap 9,686 mn BDT Islami Bank-linked
IBN Sina Pharmaceutical Industry is a listed Bangladeshi pharmaceutical manufacturer associated with the Islami Bank-linked group of institutions. It produces human medicines and also has a presence in healthcare services.
Orion Pharma ORIONPHARM market cap 5,990 mn BDT Orion Group
Orion Pharma is the listed pharmaceutical arm of the diversified Orion Group, manufacturing human and other pharmaceutical products. The parent group also has interests in power generation, infrastructure, and consumer goods.
Renata RENATA Renata (ex-Pfizer)
Renata PLC is an established Bangladeshi pharmaceutical and animal-health company that traces its origins to the local operations formerly run by Pfizer. It is one of the older listings on the Dhaka Stock Exchange.
Aristopharma unlisted Aristopharma (private)
Aristopharma is a privately held Bangladeshi pharmaceutical manufacturer producing a broad range of human medicines for the domestic market and export.
Eskayef Pharmaceuticals unlisted Transcom Group
Eskayef Pharmaceuticals is a major privately held Bangladeshi drug manufacturer within the Transcom Group, producing human medicines, animal health products, and active pharmaceutical ingredients.
Healthcare Pharmaceuticals unlisted Healthcare (private)
Healthcare Pharmaceuticals is a privately held Bangladeshi drug manufacturer producing human pharmaceutical products for the domestic market and export.
Incepta Pharmaceuticals unlisted Incepta (private)
Incepta Pharmaceuticals is a large privately held Bangladeshi pharmaceutical manufacturer producing a wide range of medicines and vaccines for the domestic market and export. It is not listed on the Dhaka Stock Exchange.

Cement & ceramics (8)

LafargeHolcim Bangladesh LHB market cap 59,230 mn BDT Holcim
LafargeHolcim Bangladesh is a major cement and building-materials producer, part of the global Holcim group, operating an integrated clinker and cement supply chain that draws limestone from across the India border.
HeidelbergCement Bangladesh HEIDELBCEM market cap 11,764 mn BDT Heidelberg
The Bangladesh subsidiary of the German multinational Heidelberg Materials (formerly HeidelbergCement), it manufactures and sells grey cement for the domestic construction market. It is a long-listed multinational with foreign-parent ownership.
RAK Ceramics Bangladesh RAKCERAMIC market cap 10,400 mn BDT RAK
RAK Ceramics (Bangladesh) Limited is a listed manufacturer of ceramic tiles and sanitaryware, originally established as a foreign-investment venture linked to the UAE-based RAK Ceramics group.
Crown Cement (MI Cement) CROWNCEMNT market cap 7,410 mn BDT Crown / MI
A domestically owned cement manufacturer trading under the Crown Cement brand (corporate entity MI Cement / Crown Cement PLC). It is one of the larger locally promoted producers in the sector.
Confidence Cement CONFIDCEM market cap 5,348 mn BDT Confidence Group
Confidence Cement PLC, part of the diversified Confidence Group, is a Chittagong-based cement manufacturer and one of the earlier listed producers in the sector.
Premier Cement PREMIERCEM market cap 4,397 mn BDT Premier
Premier Cement Mills PLC is a domestically owned cement producer supplying grey cement to the Bangladeshi construction market. It is a mid-to-large listed player in the sector.
Meghna Cement MEGHNACEM market cap 1,055 mn BDT Bashundhara Group
Meghna Cement Mills PLC is the cement arm of the large diversified Bashundhara Group, producing grey cement for the domestic market. It trades in the DSE Z category.
Shah Cement unlisted Abul Khair Group
Shah Cement is the cement business of the Abul Khair Group, a major diversified Bangladeshi conglomerate. It is a prominent grey-cement brand in the domestic construction market and is not listed on the stock exchange.

RMG & textiles (8)

Square Textiles SQUARETEXT market cap 8,995 mn BDT Square Group
Square Textiles is the textile-manufacturing arm of the diversified Square Group, producing yarn and fabric that feed Bangladesh's ready-made garment supply chain.
Envoy Textiles ENVOYTEX market cap 8,253 mn BDT Envoy Group
Envoy Textiles is the denim-manufacturing company of the Envoy Group, an integrated producer of denim fabric for the export-oriented apparel sector.
DBL Group unlisted DBL
DBL Group is a privately held Bangladeshi industrial group built around textiles and ready-made garment manufacturing, with diversification into related and other industrial activities.
Epyllion Group unlisted Epyllion
Epyllion Group is a diversified Bangladeshi textile and apparel conglomerate with vertically integrated knit fabric and garment operations alongside other business interests.
Ha-Meem Group unlisted Ha-Meem
Ha-Meem Group is a large privately held Bangladeshi conglomerate centred on ready-made garment manufacturing and exports, with related interests spanning textiles and other businesses.
Noman Group unlisted Noman
Noman Group is a large vertically integrated Bangladeshi textile and apparel manufacturer and exporter, spanning weaving, spinning, dyeing and home textiles.
Pacific Jeans unlisted Pacific
Pacific Jeans is a Chattogram-based export-oriented denim and bottoms manufacturer operating largely from EPZ facilities, supplying global apparel brands.
Standard Group unlisted Standard
Standard Group is a Dhaka-based export-oriented ready-made garment manufacturer producing apparel for international brands.

Power & energy (7)

United Power Generation UPGDCL market cap 68,462 mn BDT United Group
United Power Generation & Distribution Company (UPGDCL) is the power-generation and captive-distribution arm of United Group, supplying electricity notably to economic/export zones, and is one of the most highly valued power companies on the Dhaka bourse.
MJL Bangladesh (Mobil) MJLBD market cap 28,223 mn BDT MJL / EC Securities
MJL Bangladesh is the licensed local blender and marketer of Mobil-branded lubricants in Bangladesh and a leading player in the country's lubricant market, with a domestic blending plant and a widening energy/logistics footprint.
Summit Power SUMITPOWER market cap 14,950 mn BDT Summit Group
Summit Power is the power-generation arm of Summit Group and a leading private independent power producer (IPP) in Bangladesh, operating a portfolio of gas- and liquid-fuel plants selling electricity to the national grid.
Doreen Power DOREENPWR market cap 5,325 mn BDT Doreen Group
Doreen Power Generations and Systems is the listed power arm of Doreen Group, an independent power producer operating engine-based power plants that sell electricity to the national grid under PPAs.
Energypac unlisted Energypac Group
Energypac is a privately held Bangladeshi power-engineering and electrical-equipment company, one of the established domestic suppliers of transformers, switchgear and turnkey electrical/EPC services to the power sector.
Summit Group unlisted Summit
Summit Group is a major Bangladeshi infrastructure conglomerate centred on private power generation, with interests spanning energy terminals, ports and telecommunications infrastructure.
United Group unlisted United
United Group is a diversified Bangladeshi conglomerate spanning private power generation, hospitals and healthcare, real estate and education.

Fuel & gas distribution (5)

Meghna Petroleum MPETROLEUM market cap 21,838 mn BDT BPC (SOE-linked)
Meghna Petroleum is a state-owned petroleum marketing company under the Bangladesh Petroleum Corporation (BPC), engaged in the import, storage, and distribution of fuel products nationwide.
Jamuna Oil JAMUNAOIL market cap 18,507 mn BDT BPC (SOE-linked)
Jamuna Oil is one of the state-owned petroleum marketing companies operating under the Bangladesh Petroleum Corporation (BPC), distributing imported and refined fuel products across the country.
Padma Oil PADMAOIL market cap 17,309 mn BDT BPC (SOE-linked)
Padma Oil is a state-linked petroleum marketing company under the Bangladesh Petroleum Corporation (BPC) umbrella, distributing refined petroleum products through a national network of depots and dealers, and one of the oldest issuers on the Dhaka exchange.
Titas Gas TITASGAS market cap 15,828 mn BDT Petrobangla (SOE-linked)
Titas Gas Transmission and Distribution is a state-owned natural gas utility under Petrobangla, supplying piped gas to the densely populated greater Dhaka and surrounding regions.
Bashundhara LP Gas unlisted Bashundhara Group
Bashundhara LP Gas is the liquefied petroleum gas business of the Bashundhara Group, one of Bangladesh's largest private conglomerates. It is a major participant in the country's fast-growing private LPG market, supplying bottled cooking gas to households and commercial users.

Steel (4)

BSRM (Steel) BSRMLTD market cap 26,007 mn BDT BSRM
Bangladesh Steel Re-Rolling Mills (BSRM) is a leading Chittagong-based steel manufacturer producing reinforcing steel (rebar) and billets for the construction and infrastructure sectors. It is a major listed industrial group.
GPH Ispat GPHISPAT market cap 7,839 mn BDT GPH
GPH Ispat is a Chattogram-based steel manufacturer that produces billets and MS rod (reinforcing bar) for the construction sector. It operates one of the country's larger electric-arc-furnace steel mills.
Abul Khair Steel unlisted Abul Khair Group
Abul Khair Steel, part of the diversified Abul Khair Group, is a major private steel manufacturer in Chattogram producing reinforcing steel and flat/coated steel products.
KSRM (Kabir Steel) unlisted Kabir Group
KSRM (Kabir Steel Re-Rolling Mills), part of the Kabir Group, is a major private steel producer based in Chattogram supplying reinforcing steel to the construction market.

Financial services (NBFI) (4)

IDLC Finance IDLC market cap 17,141 mn BDT IDLC
IDLC Finance is a leading non-bank financial institution in Bangladesh offering lease and term finance, SME and retail lending, and, through subsidiaries, capital-market and asset-management services.
IPDC Finance IPDC market cap 7,814 mn BDT IPDC / Brummer-linked
IPDC Finance is one of Bangladesh's oldest non-bank financial institutions, offering corporate, SME, and retail financing along with supply-chain and digital finance products.
Delta Brac Housing (DBH) DBH market cap 7,608 mn BDT DBH
DBH Finance is a specialised housing-finance non-bank financial institution in Bangladesh, focused on home loans alongside deposit products.
LankaBangla Finance LANKABAFIN market cap 7,113 mn BDT LankaBangla
LankaBangla Finance is a non-bank financial institution providing lease and term finance, retail and SME lending, and capital-market services through its brokerage and asset-management subsidiaries.

Automotive (4)

Ifad Autos IFADAUTOS market cap 6,545 mn BDT Ifad Group
Ifad Autos, part of the Ifad Group, assembles and sells commercial vehicles in Bangladesh, notably Ashok Leyland trucks and buses, and operates in the broader automotive and after-sales market.
Runner Automobiles RUNNERAUTO market cap 4,610 mn BDT Runner Group
Runner Automobiles is a Bangladeshi manufacturer and assembler of motorcycles and light vehicles, and the country's main domestically based two-wheeler producer with its own assembly operations rather than pure importing.
Nitol-Niloy Group unlisted Nitol-Niloy
Nitol-Niloy Group is a Bangladeshi conglomerate best known as the long-standing local distributor and assembler for India's Tata Motors, anchoring much of the country's commercial-vehicle market.
Rangs Group unlisted Rangs
Rangs Group is a diversified Bangladeshi conglomerate best known for automobile distribution and consumer electronics, with additional interests in real estate and other trading and manufacturing lines.

Telecom (3)

Grameenphone GP market cap 325,422 mn BDT Telenor / Grameen Telecom
Grameenphone is Bangladesh's largest mobile network operator by subscribers, providing voice, data, and digital services nationwide. It is majority-owned by Norway's Telenor Group, with Grameen Telecom holding a significant local stake.
Robi Axiata ROBI market cap 156,090 mn BDT Axiata / Bharti
Robi Axiata is a major Bangladeshi mobile network operator formed from the merger of Robi and Airtel Bangladesh, controlled by Malaysia's Axiata Group with Bharti Airtel as a partner. It is one of the largest listings by paid-up capital on the Dhaka Stock Exchange.
Banglalink unlisted VEON
Banglalink is a Bangladeshi mobile network operator owned by the VEON group (operating locally through Banglalink Digital Communications). It is one of the country's principal mobile operators competing with Grameenphone and Robi.

Electronics & appliances (3)

Walton Hi-Tech Industries WALTONHIL market cap 121,526 mn BDT Walton (RB Group)
Walton Hi-Tech Industries is Bangladesh's largest domestic electronics and home-appliance manufacturer, producing refrigerators, air conditioners, televisions, and other consumer durables locally. It is the dominant listed name in the appliance sector by market capitalization.
Singer Bangladesh SINGERBD market cap 8,006 mn BDT Arcelik
Singer Bangladesh is a long-established consumer-durables and appliance company, now majority-owned by Turkey's Arcelik, selling appliances and electronics through an extensive retail network. It is one of the oldest listed companies on the DSE.
Fair Group (Samsung) unlisted Fair Group
Fair Group is the local partner that manufactures and distributes Samsung-brand electronics in Bangladesh, operating a domestic assembly plant for smartphones and home appliances. It is a privately held group with no public listing.

Paper (1)

Bashundhara Paper Mills BPML market cap 4,762 mn BDT Bashundhara Group
Bashundhara Paper Mills Limited is the listed paper and tissue manufacturing arm of Bashundhara Group, producing writing, printing and packaging paper and tissue products.

Aviation (1)

US-Bangla Airlines unlisted US-Bangla Group
US-Bangla Airlines is a privately owned Bangladeshi carrier operating scheduled passenger services, the flagship aviation venture of the diversified US-Bangla Group. It is one of the larger private airlines in the country, flying both domestic routes and a growing network of international destinations.