Pakistani Strong Balance Sheet Stocks

Pakistan Petroleum

Market Cap: PK₨377.8b

Engages in the exploration, development, and production of oil and natural gas resources in Pakistan, the United Arab Emirates, Iraq, and Yemen.

Wah Nobel Chemicals

Market Cap: PK₨1.9b

Manufactures and sells various chemicals in Pakistan.

Chakwal Spinning Mills

Market Cap: PK₨4.5b

Engages in the textile spinning business primarily in Pakistan.

Askari Life Assurance

Market Cap: PK₨675.8m

Provides life insurance products to individuals and corporates in Pakistan.

Unilever Pakistan Foods

Market Cap: PK₨140.0b

Manufactures and sells consumer and commercial food products in Pakistan.

Beco Steel

Market Cap: PK₨1.0b

Manufactures and sells steel and allied products in Pakistan.

Bank Alfalah

Market Cap: PK₨110.6b

Provides commercial banking and related services in Pakistan, the Asia Pacific, and the Middle East.

Invest Capital Investment Bank

Market Cap: PK₨376.0m

Provides financial management and advisory services to financial institutions, public and private corporations, and high net worth individuals in Pakistan.

Shabbir Tiles and Ceramics

Market Cap: PK₨2.6b

Manufactures, markets, and sells ceramic and porcelain tiles under the STILE brand name in Pakistan.

Colgate-Palmolive (Pakistan)

Market Cap: PK₨291.6b

Manufactures, imports, exports, and sells oral care, personal care, detergent, household cleaning, and other related products in Pakistan.

Crescent Cotton Mills

Market Cap: PK₨1.2b

Manufactures and sells yarns, home textile, and hosiery items in Pakistan.

First Elite Capital Modaraba

Market Cap: PK₨209.1m

Engages in the Islamic finance business in Pakistan.

FrieslandCampina Engro Pakistan

Market Cap: PK₨60.5b

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

Reliance Cotton Spinning Mills

Market Cap: PK₨4.2b

Manufactures and sells yarns in Pakistan, Africa, the United States, rest of Asia, Australia, and Europe.

MCB investment management

Market Cap: PK₨6.1b

A publicly owned investment manager.

Telecard

Market Cap: PK₨2.0b

Provides a range of telecommunication and ICT/technology products and solutions in Pakistan.

Cherat Packaging

Market Cap: PK₨4.5b

Engages in the manufacture, marketing, and sale of paper sack, polypropylene bags, and flexible packaging material in Pakistan, Congo, and internationally.

Al-Ghazi Tractors

Market Cap: PK₨22.0b

Engages in the manufacture and sale of agricultural tractors, implements, and spare parts primarily in Pakistan.

J. A. Textile Mills

Market Cap: PK₨231.9m

Engages in the manufacture and sale of yarns in Pakistan.

Thal

Market Cap: PK₨29.3b

Manufactures and sells v goods, papersacks, and laminate sheets in Pakistan.

Roshan Packages

Market Cap: PK₨1.9b

Together with its subsidiary, Roshan Sun Tao Paper Mills Private Limited, manufactures and sells corrugation and flexible packaging materials in Pakistan and Australia.

Azgard Nine

Market Cap: PK₨3.5b

Produces and markets denim focused textile and apparel products in Pakistan, Asia, Europe, South America, North America, Africa, and internationally.

IGI Life Insurance

Market Cap: PK₨2.8b

Provides life insurance products in Pakistan.

Image Pakistan

Market Cap: PK₨4.4b

Manufactures and sells embroidered fabrics and ready-to-wear garments for women under the Image brand name in Pakistan and internationally.

Askari General Insurance

Market Cap: PK₨2.0b

Engages in non-life insurance business in Pakistan.

East West Insurance

Market Cap: PK₨14.7b

Engages in the general insurance business in Pakistan.

Orient Rental Modaraba

Market Cap: PK₨623.3m

Engages in the ijarah, operations, and maintenance activities in Pakistan.

Hinopak Motors

Market Cap: PK₨7.9b

Hinopak Motors Limited assembles, manufactures, and sells Hino buses and trucks in Pakistan.

National Bank of Pakistan

Market Cap: PK₨167.5b

Provides various commercial banking products and services for individuals, corporate entities, and governments in Pakistan, the Asia Pacific, Europe, the United States, and the Middle East.

Pakistan Paper Products

Market Cap: PK₨1.2b

Produces and sells exercise books, pro-labels, and sensitized papers in Pakistan.

AKD Securities

Market Cap: PK₨9.7b

A brokerage and non-bank advisory company, engages in the provision of financial services and advisory solutions in Pakistan.

Apna Microfinance Bank

Market Cap: PK₨4.7b

Provides microfinance banking and related services to the poor and underserved segment of the society comprising women and micro-entrepreneurs in the agri and micro enterprises in rural areas of Pakistan.

Rafhan Maize Products

Market Cap: PK₨79.8b

Manufactures and sells industrial products in Pakistan and internationally.

Shakarganj

Market Cap: PK₨8.3b

Together with its subsidiary, manufactures and sells dairy products in Pakistan and internationally.

Service Industries Textiles

Market Cap: PK₨151.2m

Engages in the manufacture and sale of yarn made from raw cotton and synthetic fiber in Pakistan.

Netsol Technologies

Market Cap: PK₨10.2b

Engages in the development and sale of computer software and allied services in Pakistan, China, Thailand, Japan, Taiwan, Korea, Singapore, Indonesia, Australia, New Zealand, the United States, the United Kingdom, the Middle East, and South Africa.