PSX announces list of top 25 companies for year 2021

top 25 companies

Pakistan Stock Exchange announced the long-awaited list of the Top 25 Companies Awards recipients for the year 2021. 

Initiated in the year 1978, the PSX Top 25 Companies Awards have been presented to outstanding companies listed on the Stock Exchange. 

The vital pre-requisites for companies striving for this prestigious award include minimum dividend distribution of 30%, trading of shares for at least 50% of the total trading days in the year, and the company not being in the Defaulters’ Segment of the Exchange or not having trading in its shares suspended on account of violation of Listing Companies & Securities Regulations of the Exchange during the said year. 

Moreover, companies who have outperformed others regarding their Dividend & Solvency Payout Ratios, Profitability & Liquidity Ratios, Free Float of Shares, Turnover of Shares, TSR, and specific quantifiers of Corporate Governance & Investors Relations, including metrics like reporting on Corporate Social Responsibility (CSR), Sustainable Development Goals (SDGs), and Diversity & Inclusion are nominated for the PSX Top 25 Companies Award. 

Read more: PSX breaks 16-year record as trading volume crosses 1 billion shares

Following is the list of companies that have shown outstanding performance in terms of financial performance, corporate governance, and increasing shareholder value and have reported on sustainability make it to the top 25 companies list: 

1.      Fauji Fertilizer Company Limited      

2.      Engro Corporation Limited 

3.      Systems Limited         

4.      Ferozsons Laboratories Limited         

5.      Engro Fertilizers Limited       

6.      Security Papers Limited         

7.      Dawood Hercules Corporation Limited 

8.      Habib Bank Limited 

9.      TRG Pakistan Limited 

10.  Meezan Bank Limited 

11.  The Hub Power Company Limited 

12.  MCB Bank Limited 

13.  Cyan Limited 

14.  EFU Life Assurance Limited 

15.  Pakistan Oilfields Limited                  

16.  Bank Alfalah Limited 

17.  Jubilee Life Insurance Company Limited      

18.  International Industries Limited 

19.  Engro Polymer & Chemicals Limited                        

20.  Mari Petroleum Company Limited                 

21.  Gadoon Textile Mills Limited                        

22.  International Steels Limited   

23.  Pakistan Cables Limited                     

24.  Packages Limited                   

25.  Adamjee Insurance Company Limited 

Speaking on the occasion, the MD & CEO of PSX, Mr. Farrukh H. Khan, said, “On behalf of the Pakistan Stock Exchange, I warmly congratulate the recipients of the PSX Top 25 Companies Awards 2021. At a time when we need positive economic news and role models in Pakistan, the PSX Top 25 Companies Awards showcases the best of the best in corporate performance, profitability, governance, and reporting on sustainability in Pakistan’s industry and business world. This Award presents a positive image of Pakistan’s business and economy, both domestically and internationally. These companies are not just best in class in Pakistan but also compare with the best global companies.” 

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