November 10, 2025
Pakistan’s chemical sector, listed on the Pakistan Stock Exchange (PSX), recorded a combined market capitalization of USD 1.33 billion, representing 2.02% of the total PSX market capitalization, according to a report by Arif Habib Ltd.
For the period ending June 2025, the sector collectively reported a profit after tax (PAT) of around USD 40 million, highlighting stable performance despite macroeconomic headwinds.
Top 10 Chemical Companies by Market Capitalization
- Lucky Core Industries Ltd (LCI) – USD 532 million market cap; PAT: PKR 11.75 billion; EPS: PKR 25.46
- Lotte Chemical Pakistan Ltd (LOTCHEM) – USD 141 million
- Engro Polymer & Chemicals Ltd (EPCL) – USD 104 million
- Nimir Industrial Chemicals Ltd (NICL) – USD 74 million
- Pakistan Oxygen Ltd (PAKOXY) – USD 74 million
- Sitara Chemical Industries Ltd (SITC) – USD 72 million
- Ghani Chemical Industries Ltd (GCIL) – USD 68 million
- Archroma Pakistan Ltd (ARPL) – USD 57 million
- Ittehad Chemicals Ltd (ICL) – USD 39 million
- Ghani Global Glass Ltd (GGGL) – USD 34 million
These figures were calculated as of September 22, 2025, using an exchange rate of PKR 282 = USD 1.
The data underscores the resilience and strategic importance of Pakistan’s chemical industry within the national economy. With firms like Lucky Core Industries and Engro Polymer leading market capitalization, the sector continues to demonstrate potential for growth, export expansion, and industrial diversification. Sustained modernization, import substitution, and energy cost management remain crucial for maintaining profitability and international competitiveness.
The chemical sector at the PSX holds a market capitalisation of $1.33 billion, representing approximately 2.02% of the total market capitalisation of $65 billion.
