Pakistani Undiscovered Gems With Strong Fundamentals

Nestlé Pakistan

Market Cap: PK₨360.6b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Ibrahim Fibres

Market Cap: PK₨77.6b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Pakistan Tobacco

Market Cap: PK₨418.2b

Manufactures and sells, tobacco, velo, and vuse in Pakistan and internationally.

Wafi Energy Pakistan

Market Cap: PK₨52.3b

An energy company, markets petroleum products and compressed natural gas in Pakistan.

Pakistan Stock Exchange

Market Cap: PK₨41.3b

Provides securities market services in Pakistan.

Flying Cement

Market Cap: PK₨39.3b

Engages in manufacturing, marketing, and sale of cement in Pakistan.

Searle

Market Cap: PK₨75.0b

Manufactures and sells pharmaceutical and other consumer products in Pakistan, Sri Lanka, Myanmar, Cambodia, Vietnam, Iraq, Oman, Afghanistan, Tajikistan, Laos, Kenya, and internationally.

Intermarket Securities

Market Cap: PK₨29.0b

Engages in investment and share brokerage activities.

Arif Habib

Market Cap: PK₨76.8b

Engages in the securities brokerage business in Pakistan.

JDW Sugar Mills

Market Cap: PK₨50.9b

Produces and sells sugar, and other related by-products in Pakistan.

Tariq Glass Industries

Market Cap: PK₨40.4b

Engages in the manufacture and sale of glass containers, opal glass, tableware, and float glass in Pakistan.

Highnoon Laboratories

Market Cap: PK₨54.5b

Manufactures, imports, sells, exports, and markets pharmaceutical and allied consumer products.

Honda Atlas Cars (Pakistan)

Market Cap: PK₨38.0b

Engages in the assembling, manufacture, and sale of Honda vehicles and spare parts in Pakistan, Japan, and Thailand.

Standard Chartered Bank (Pakistan)

Market Cap: PK₨284.1b

Provides various banking products and services in Pakistan and internationally.

Hoechst Pakistan

Market Cap: PK₨40.7b

Engages in the manufacture, trading, and sale of pharmaceutical and related products in Pakistan, Afghanistan, and internationally.

Service Industries

Market Cap: PK₨80.2b

Manufactures and sells footwear and technical rubber products in Pakistan, Europe, South America, North America, Asia, Africa, and Australia.

Dawood Lawrencepur

Market Cap: PK₨39.6b

Through its subsidiaries, engages in the trading and marketing of renewable energy solutions to commercial and industrial consumers in Pakistan.

FrieslandCampina Engro Pakistan

Market Cap: PK₨68.2b

Engages in manufacturing, processing, and selling of dairy based products and frozen desserts in Pakistan.

Adamjee Insurance

Market Cap: PK₨35.0b

Engages in the general insurance business in Pakistan and the United Arab Emirates.

Pakistan Oxygen

Market Cap: PK₨28.4b

Manufactures and sells industrial and medical gases, medical engineering, pipeline design services, medical equipment, welding products, and associated solutions in Pakistan.

Shifa International Hospitals

Market Cap: PK₨35.5b

Shifa International Hospitals Limited, together with its subsidiaries, establishes and operates medical centers and hospitals in Pakistan.

Abbott Laboratories (Pakistan)

Market Cap: PK₨118.5b

Manufactures, imports, and markets generic pharmaceutical, nutritional, diagnostic, diabetes care, molecular devices, hospital, and consumer products in Pakistan, Afghanistan, Sri Lanka, Bangladesh, and Switzerland.

Kohinoor Textile Mills

Market Cap: PK₨91.6b

Engages in the manufacture and sale of yarns and clothes in Pakistan.

Rafhan Maize Products

Market Cap: PK₨92.3b

Manufactures and sells industrial products in Pakistan and internationally.

Ghandhara Industries

Market Cap: PK₨38.4b

Engages in the manufacture, assembly, and marketing of Isuzu trucks, buses, and pick-up trucks in Pakistan.

Thatta Cement

Market Cap: PK₨32.6b

Together with its subsidiary, engages in the manufacturing and marketing of clinker and cement in Pakistan.

GlaxoSmithKline Pakistan

Market Cap: PK₨136.6b

Operates as a biopharma company in Pakistan.

Fatima Fertilizer

Market Cap: PK₨340.5b

Engages in buying, manufacturing, producing, importing, exporting, and selling of fertilizers and chemicals in Pakistan.

Pakistan Oilfields

Market Cap: PK₨178.1b

Engages in the exploration, drilling and production of crude oil and gas in Pakistan.

Pakistan Aluminium Beverage Cans

Market Cap: PK₨44.5b

Engages in the manufacture and sale of aluminum beverage cans in Pakistan, Afghanistan, Bangladesh, Uzbekistan, and internationally.

Haleon Pakistan

Market Cap: PK₨111.2b

Engages in the manufacture, marketing, and sale of consumer healthcare products in Pakistan, rest of Asia, Africa, Australia, North America, the Middle East, and Europe.

Askari Bank

Market Cap: PK₨180.6b

Provides various banking products and services in Pakistan and the Middle East.

Lucky Core Industries

Market Cap: PK₨137.5b

Manufactures and trades in soda ash, polyester, pharmaceuticals, chemicals and agri sciences, and animal health products.

National Foods

Market Cap: PK₨96.8b

Manufactures and sells convenience based food products in Pakistan.

Millat Tractors

Market Cap: PK₨105.7b

Engages in assembling, manufacture, and sale of agricultural tractors, implements, and multi-application products in Pakistan and internationally.

Atlas Honda

Market Cap: PK₨231.6b

Engages in the manufacture and marketing of motorcycles, spare parts, and engine oil in Pakistan.