Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 Entertainment Pakistan Limited
Press Release | Report | History
Infrastructure Entity 16-May-24 Maintain BB Stable -
2 Crown Textile
Press Release | Report | History
Textile & Allied Entity 14-May-24 Maintain BBB- Stable -
3 Secure Logistics Group Limited
Press Release | Report | History
Auto and Allied Entity 14-May-24 Upgrade A+ Stable -
4 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 13-May-24 Maintain A- Stable -
5 Amreli Steels Limited
Press Release | Report | History
Infrastructure Entity 10-May-24 Downgrade BBB Stable Yes
6 Sitara Petroleum Service Limited
Press Release | Report | History
Energy Entity 10-May-24 Maintain A- Stable -
7 Rainbow Hosiery (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 10-May-24 Maintain BBB- Positive -
8 Nishat Mills Limited
Press Release | Report | History
Textile & Allied Entity 02-May-24 Maintain AA Stable -
9 Sefam (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 02-May-24 Maintain A- Stable Yes
10 AL Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 02-May-24 Maintain BBB Stable Yes
11 TPL Properties Limited
Press Release | Report | History
Infrastructure Entity 26-Apr-24 Maintain A+ Stable -
12 Pakistan Synthetics Limited
Press Release | Report | History
Consumers Goods & Services Entity 26-Apr-24 Maintain A- Stable -
13 Salman Paper Products (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Apr-24 Maintain BBB Stable -
14 New Horizon Computer
Press Release | Report | History
Engineering and Technology Entity 20-Apr-24 Maintain BB+ Stable -
15 Asif Rice Mills
Press Release | Report | History
Agriculture & Allied Entity 19-Apr-24 Maintain BBB+ Stable -
16 National Foods Limited
Press Release | Report | History
Food and Allied Entity 19-Apr-24 Maintain AA- Stable -
17 Flying Cement Company Limited
Press Release | Report | History
Infrastructure Entity 19-Apr-24 Maintain A- Stable Yes
18 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 09-Apr-24 Maintain A+ Stable -
19 Lucky Electric Power Company Limited
Press Release | Report | History
Energy Entity 08-Apr-24 Maintain AA Stable -
20 Reliance Cotton Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-Apr-24 Maintain A- Stable -
21 Shahzad Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-Apr-24 Maintain A- Stable Yes
22 Noon Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-24 Maintain BBB+ Stable -
23 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-24 Maintain A- Stable -
24 Mehran Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-24 Maintain A- Stable -
25 Jauharabad Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-24 Maintain BBB+ Stable -
26 SGM Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-24 Maintain BBB Stable -
27 Jhimpir Power (Pvt.) Limited
Press Release | Report | History
Energy Entity 05-Apr-24 Upgrade A+ Stable -
28 Hawa Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 05-Apr-24 Upgrade A+ Stable -
29 Quaid-e-Azam Solar Power (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Apr-24 Maintain AA Stable -
30 International Business Management
Press Release | Report | History
Consumers Goods & Services Entity 03-Apr-24 Maintain BB+ Stable -
31 Bikiya Industries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 03-Apr-24 Maintain BB Stable -
32 Madiha International (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 03-Apr-24 Maintain BB Stable -
33 Mount Fuji Textiles Limited
Press Release | Report | History
Textile & Allied Entity 30-Mar-24 Maintain BBB Positive -
34 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 29-Mar-24 Maintain BBB Stable -
35 Masood Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 29-Mar-24 Maintain A- Stable -
36 H.A.R Fibres (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Mar-24 Maintain BBB- Stable -
37 Sargodha Jute Mills Limited
Press Release | Report | History
Textile & Allied Entity 29-Mar-24 Maintain A- Stable -
38 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 29-Mar-24 Maintain BBB Stable -
39 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 27-Mar-24 Maintain BB+ Stable -
40 Gharibwal Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Mar-24 Maintain A Stable -
41 Kohinoor Energy Limited
Press Release | Report | History
Energy Entity 22-Mar-24 Maintain AA Stable -
42 Fecto Cement Limited
Press Release | Report | History
Infrastructure Entity 22-Mar-24 Maintain A- Stable Yes
43 Halmore Power Generation Company Limited
Press Release | Report | History
Energy Entity 22-Mar-24 Maintain AA- Stable -
44 Warble (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 21-Mar-24 Maintain BBB- Stable -
45 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 21-Mar-24 Maintain BBB- Stable -
46 Saif Power Limited
Press Release | Report | History
Energy Entity 21-Mar-24 Maintain AA- Stable -
47 KTM Leather (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 21-Mar-24 Maintain BBB+ Stable Yes
48 US Denim Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 20-Mar-24 Maintain A Stable -
49 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Engineering and Technology Entity 18-Mar-24 Upgrade A- Stable -
50 Descon Engineering Limited
Press Release | Report | History
Infrastructure Entity 15-Mar-24 Maintain AA- Stable -
51 Unicol Limited
Press Release | Report | History
Agriculture & Allied Entity 15-Mar-24 Maintain A Stable -
52 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 15-Mar-24 Maintain BBB+ Stable -
53 Fauji Cement Company Limited
Press Release | Report | History
Infrastructure Entity 15-Mar-24 Maintain AA- Stable -
54 Imperium Hospitality (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 13-Mar-24 Upgrade BBB+ Stable -
55 ARY Communications Limited
Press Release | Report | History
Communication Entity 12-Mar-24 Initial A Stable -
56 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Mar-24 Maintain AA- Stable -
57 Newage Cables (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Mar-24 Initial A- Stable -
58 D.G. Khan Cement Company Limited
Press Release | Report | History
Infrastructure Entity 01-Mar-24 Maintain AA- Stable -
59 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 01-Mar-24 Maintain BBB- Stable Yes
60 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Mar-24 Maintain BBB Stable Yes
61 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 01-Mar-24 Maintain BBB Stable -
62 Masood Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 01-Mar-24 Maintain A- Stable -
63 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Communication Entity 01-Mar-24 Maintain BBB+ Stable -
64 Poly Pack (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 01-Mar-24 Maintain A- Stable -
65 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Feb-24 Maintain A+ Stable -
66 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 23-Feb-24 Maintain A- Stable -
67 Select Technologies (Pvt.) Limited
Press Release | Report | History
Distributors Entity 23-Feb-24 Initial A Stable -
68 Airlink Communication
Press Release | Report | History
Distributors Entity 23-Feb-24 Upgrade A+ Stable -
69 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 22-Feb-24 Maintain A- Stable -
70 Hyundai Nishat Motor (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 21-Feb-24 Maintain A+ Stable -
71 Liberty Wind Power 1 Limited
Press Release | Report | History
Energy Entity 20-Feb-24 Maintain A Stable -
72 Liberty Wind Power 2 Limited
Press Release | Report | History
Energy Entity 20-Feb-24 Maintain A Stable -
73 Sapphire Electric Company Limited
Press Release | Report | History
Energy Entity 19-Feb-24 Maintain AA- Stable -
74 Maqbool Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 16-Feb-24 Maintain BBB+ Stable Yes
75 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 16-Feb-24 Maintain A- Stable -
76 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 16-Feb-24 Maintain A Stable -
77 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Feb-24 Maintain BBB Positive -
78 Gul Ahmed Electric Limited
Press Release | Report | History
Energy Entity 16-Feb-24 Maintain A Stable -
79 Nishat Paper Products Company Limited
Press Release | Report | History
Consumers Goods & Services Entity 16-Feb-24 Maintain A Stable -
80 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Feb-24 Maintain BBB Stable -
81 Ibrahim Fibres Limited
Press Release | Report | History
Textile & Allied Entity 07-Feb-24 Maintain AA Stable -
82 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Food and Allied Entity 07-Feb-24 Maintain BBB+ Stable -
83 Punjab Oil Mills Limited
Press Release | Report | History
Food and Allied Entity 07-Feb-24 Maintain BBB+ Stable -
84 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 07-Feb-24 Maintain A- Stable -
85 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Food and Allied Entity 07-Feb-24 Maintain BBB- Positive -
86 Denim-E (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-Feb-24 Maintain BBB- Stable -
87 Jasons Commodities
Press Release | Report | History
Agriculture & Allied Entity 31-Jan-24 Upgrade BBB Stable -
88 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 30-Jan-24 Maintain A- Negative Yes
89 Al Barka Fabrics (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 27-Jan-24 Maintain BBB+ Stable -
90 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 27-Jan-24 Maintain BBB- Stable -
91 KAM International
Press Release | Report | History
Textile & Allied Entity 27-Jan-24 Maintain A- Stable -
92 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 26-Jan-24 Maintain A- Stable -
93 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 26-Jan-24 Maintain BBB Positive -
94 Zahir Khan & Brothers
Press Release | Report | History
Infrastructure Entity 23-Jan-24 Maintain A Stable -
95 Ali Embroidery Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Jan-24 Maintain BBB Stable -
96 Oursun Pakistan Limited
Press Release | Report | History
Energy Entity 22-Jan-24 Maintain A Stable -
97 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 20-Jan-24 Upgrade BBB Stable -
98 Al-Khair Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 18-Jan-24 Maintain BBB Stable -
99 BRB Properties Builders and Developers
Press Release | Report | History
Infrastructure Entity 17-Jan-24 Maintain BB+ Stable -
100 Dynamic Packaging (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 17-Jan-24 Maintain BBB Stable -
101 ACT2 Din Wind (Pvt) Limited ( formerly: ACT2 Wind (Pvt.) Limited )
Press Release | Report | History
Energy Entity 16-Jan-24 Maintain A- Stable -
102 Loads Limited
Press Release | Report | History
Auto and Allied Entity 16-Jan-24 Maintain A Negative Yes
103 University of Management and Technology
Press Release | Report | History
Consumers Goods & Services Entity 15-Jan-24 Initial A- Stable -
104 Tourism Promotion Services (Pakistan) Limited
Press Release | Report | History
Consumers Goods & Services Entity 12-Jan-24 Initial AA Stable -
105 Kohat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 12-Jan-24 Upgrade A+ Stable -
106 Ahmed Hassan Spinning Limited
Press Release | Report | History
Textile & Allied Entity 11-Jan-24 Maintain BBB Negative Yes
107 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 10-Jan-24 Maintain BBB Stable -
108 Foundation Power Company Daharki Limited
Press Release | Report | History
Energy Entity 05-Jan-24 Maintain AA- Stable -
109 Multi Resin Industries
Press Release | Report | History
Pharma and Chemicals Entity 03-Jan-24 Maintain BBB- Stable -
110 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-23 Upgrade AA Stable -
111 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Dec-23 Maintain A- Stable -
112 DEL Engineering Domestic (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 29-Dec-23 Initial AA- Stable -
113 Service Global Footwear Limited
Press Release | Report | History
Consumers Goods & Services Entity 29-Dec-23 Initial A+ Stable -
114 Ahmad Hassan Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 29-Dec-23 Maintain BBB+ Stable -
115 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 29-Dec-23 Maintain AA+ Stable -
116 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 29-Dec-23 Maintain A- Stable -
117 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 29-Dec-23 Maintain BBB Stable -
118 Pakistan Services Limited
Press Release | Report | History
Consumers Goods & Services Entity 29-Dec-23 Downgrade BB Negative Yes
119 Dr. Ziauddin Hospital Trust
Press Release | Report | History
Consumers Goods & Services Entity 28-Dec-23 Initial A- Stable -
120 Al Rahim Textile Industries Limited
Press Release | Report | History
Textile & Allied Entity 28-Dec-23 Maintain A Stable -
121 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 28-Dec-23 Maintain BB+ Stable -
122 Cherat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 28-Dec-23 Maintain A+ Stable -
123 Meko Denim Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 26-Dec-23 Initial BBB+ Stable -
124 Reliance Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 22-Dec-23 Maintain A Stable -
125 TOTAL PARCO Pakistan Limited
Press Release | Report | History
Energy Entity 22-Dec-23 Maintain AAA Stable -
126 Sayban International
Press Release | Report | History
Agriculture & Allied Entity 22-Dec-23 Maintain BBB- Stable -
127 Tariq Glass Industries Limited
Press Release | Report | History
Infrastructure Entity 22-Dec-23 Maintain A+ Stable -
128 United Ethanol Industries Limited
Press Release | Report | History
Agriculture & Allied Entity 22-Dec-23 Maintain A- Stable -
129 Pakistan National Shipping Corporation
Press Release | Report | History
Logistics Entity 22-Dec-23 Maintain AA Stable -
130 Hi-Tech Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 22-Dec-23 Initial BBB+ Stable -
131 Siddiqsons Tinplate Limited
Press Release | Report | History
Consumers Goods & Services Entity 22-Dec-23 Maintain A- Stable Yes
132 Cherat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 22-Dec-23 Maintain A Positive -
133 Swat Agro Chemicals
Press Release | Report | History
Agriculture & Allied Entity 21-Dec-23 Maintain BBB- Stable -
134 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Energy Entity 21-Dec-23 Maintain A- Stable -
135 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Energy Entity 21-Dec-23 Maintain A- Stable -
136 TPL Trakker Limited
Press Release | Report | History
Logistics Entity 21-Dec-23 Maintain A- Stable -
137 EXIDE Pakistan Limited
Press Release | Report | History
Auto and Allied Entity 21-Dec-23 Maintain BBB Positive -
138 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 15-Dec-23 Maintain AA Stable -
139 MACPAC Films Limited
Press Release | Report | History
Consumers Goods & Services Entity 15-Dec-23 Upgrade BBB+ Stable -
140 Sui Southern Gas Company Limited
Press Release | Report | History
Energy Entity 15-Dec-23 Maintain A+ Stable Yes
141 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 14-Dec-23 Maintain A- Stable -
142 Sapphire Retail Limited
Press Release | Report | History
Textile & Allied Entity 14-Dec-23 Maintain A- Stable -
143 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-23 Maintain AA- Stable -
144 Pak Arab Refinery Limited
Press Release | Report | History
Energy Entity 08-Dec-23 Maintain AAA Stable -
145 Pakistan Oil Mills (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 08-Dec-23 Upgrade A- Stable -
146 Ismail Industries Limited
Press Release | Report | History
Food and Allied Entity 08-Dec-23 Maintain A+ Stable -
147 Starch Pack (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 07-Dec-23 Initial A Stable -
148 Tandlianwala Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 01-Dec-23 Initial A Stable -
149 Mughal Energy Limited
Press Release | Report | History
Energy Entity 01-Dec-23 Maintain A Stable -
150 KSB Pumps Company Limited
Press Release | Report | History
Engineering and Technology Entity 29-Nov-23 Maintain A+ Stable Yes
151 Khadija Edible Oil Refinery (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 28-Nov-23 Initial A- Stable -
152 HUM Network Limited
Press Release | Report | History
Communication Entity 24-Nov-23 Maintain A+ Stable -
153 Pakistan Aluminium Beverage Cans Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Nov-23 Maintain A+ Stable -
154 Samad Rubber Works (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 24-Nov-23 Maintain BBB+ Positive -
155 Sapphire Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 23-Nov-23 Maintain A Stable -
156 Be Be Jan Pakistan Limited
Press Release | Report | History
Textile & Allied Entity 23-Nov-23 Maintain BBB Stable -
157 DIC Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 23-Nov-23 Maintain AA- Stable -
158 Ghani Global Glass Limited
Press Release | Report | History
Infrastructure Entity 23-Nov-23 Maintain BBB+ Positive -
159 Inbox Business Technologies Limited
Press Release | Report | History
Engineering and Technology Entity 23-Nov-23 Maintain A- Stable -
160 Chanar Energy Limited
Press Release | Report | History
Energy Entity 22-Nov-23 Maintain BBB- Stable Yes
161 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 22-Nov-23 Maintain A- Positive -
162 Prism Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Nov-23 Initial A+ Stable -
163 Ahmed Fine Weaving Limited
Press Release | Report | History
Textile & Allied Entity 17-Nov-23 Maintain A- Stable -
164 Platinum Steel Mill (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Nov-23 Upgrade BBB Stable -
165 Sapphire Fibres Limited
Press Release | Report | History
Textile & Allied Entity 13-Nov-23 Maintain A+ Stable -
166 Glamour Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 13-Nov-23 Maintain BBB- Stable -
167 Liberty Power Tech Limited
Press Release | Report | History
Energy Entity 10-Nov-23 Maintain AA- Stable -
168 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 08-Nov-23 Maintain A+ Stable -
169 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 01-Nov-23 Maintain BBB- Developing -
170 Zahidjee Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 31-Oct-23 Maintain A Stable -
171 Islamabad Farms
Press Release | Report | History
Food and Allied Entity 27-Oct-23 Maintain BBB- Stable -
172 Pharmagen Limited
Press Release | Report | History
Pharma and Chemicals Entity 25-Oct-23 Maintain A- Stable -
173 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 25-Oct-23 Upgrade AA- Stable -
174 Thar Energy Limited
Press Release | Report | History
Energy Entity 25-Oct-23 Upgrade AA- Stable -
175 Guard Agricultural Research and Services (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Oct-23 Initial A- Stable -
176 Stylers International Limited
Press Release | Report | History
Textile & Allied Entity 23-Oct-23 Maintain A Stable -
177 AGP Limited
Press Release | Report | History
Pharma and Chemicals Entity 23-Oct-23 Maintain A+ Stable -
178 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 21-Oct-23 Maintain BBB- Positive -
179 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 20-Oct-23 Maintain A Stable -
180 Ghandhara Industries Limited
Press Release | Report | History
Auto and Allied Entity 20-Oct-23 Maintain A+ Stable -
181 Ghandhara Automobiles Limited (formerly known as Ghandhara Nissan Limited)
Press Release | Report | History
Auto and Allied Entity 20-Oct-23 Maintain A Stable -
182 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Infrastructure Entity 16-Oct-23 Maintain A+ Stable -
183 Hassan Ali Rice Export Company
Press Release | Report | History
Agriculture & Allied Entity 13-Oct-23 Maintain BBB+ Stable -
184 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Agriculture & Allied Entity 13-Oct-23 Maintain BBB Stable -
185 Awami Agro Commodities
Press Release | Report | History
Agriculture & Allied Entity 13-Oct-23 Maintain BBB Stable -
186 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 13-Oct-23 Maintain A- Stable -
187 Din Energy Limited
Press Release | Report | History
Energy Entity 13-Oct-23 Maintain A Stable -
188 Habib Construction Services Limited
Press Release | Report | History
Infrastructure Entity 12-Oct-23 Maintain BBB+ Stable -
189 A.J. Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 11-Oct-23 Maintain A- Stable -
190 Irfan Noman Brothers (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 10-Oct-23 Maintain BBB+ Stable -
191 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 10-Oct-23 Maintain BBB Stable Yes
192 PakGen Power Limited
Press Release | Report | History
Energy Entity 28-Sep-23 Maintain AA Stable -
193 LalPir Power Limited
Press Release | Report | History
Energy Entity 28-Sep-23 Maintain AA Stable -
194 Gul Ahmed Wind Power Limited
Press Release | Report | History
Energy Entity 28-Sep-23 Initial A+ Stable -
195 My Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 27-Sep-23 Maintain BBB+ Stable -
196 Master Wind Energy Limited
Press Release | Report | History
Energy Entity 26-Sep-23 Maintain A+ Stable -
197 Prosperity Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 22-Sep-23 Maintain A- Stable -
198 Nishat Power Limited
Press Release | Report | History
Energy Entity 22-Sep-23 Maintain AA- Stable -
199 Atlas Power Limited
Press Release | Report | History
Energy Entity 22-Sep-23 Maintain AA- Stable -
200 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 22-Sep-23 Maintain AA- Stable -
201 Nagina Cotton Mills Limited
Press Release | Report | History
Textile & Allied Entity 22-Sep-23 Maintain A- Stable -
202 Ellcot Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 22-Sep-23 Maintain A- Stable -
203 Service Industries Limited
Press Release | Report | History
Auto and Allied Entity 19-Sep-23 Maintain AA- Stable -
204 Global Marketing Services
Press Release | Report | History
Pharma and Chemicals Entity 19-Sep-23 Maintain BBB Stable -
205 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 15-Sep-23 Maintain BBB Stable -
206 Nimir Chemicals Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Sep-23 Maintain A- Stable -
207 Berger Paints Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Sep-23 Maintain A- Stable -
208 Zafa Pharmaceutical Laboratories (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 13-Sep-23 Initial A- Stable -
209 Din Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-Sep-23 Maintain A- Stable -
210 Premier Industrial Chemical MFG. Co. (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 08-Sep-23 Maintain A- Stable -
211 Fazal Cloth Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Sep-23 Maintain A Stable -
212 Bestway Cement Limited
Press Release | Report | History
Infrastructure Entity 06-Sep-23 Maintain AA- Stable -
213 Bulleh Shah Packaging (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 05-Sep-23 Maintain AA- Stable -
214 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 01-Sep-23 Maintain A Stable -
215 Trans World Associates (Pvt.) Limited
Press Release | Report | History
Communication Entity 01-Sep-23 Maintain A Stable -
216 Martin Dow Limited
Press Release | Report | History
Pharma and Chemicals Entity 01-Sep-23 Downgrade A Stable -
217 Golden Packages (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 29-Aug-23 Maintain BBB Stable -
218 Puma Energy Pakistan (Pvt.) Limited
Press Release | Report | History
Energy Entity 28-Aug-23 Maintain A- Stable -
219 Be Energy Limited
Press Release | Report | History
Energy Entity 25-Aug-23 Maintain A+ Stable -
220 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 24-Aug-23 Maintain A- Stable -
221 Tufail Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 23-Aug-23 Maintain A- Stable -
222 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Aug-23 Maintain BBB- Stable -
223 Maaksons Engineering Corporation Limited
Press Release | Report | History
Infrastructure Entity 23-Aug-23 Maintain BBB+ Stable -
224 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-Aug-23 Upgrade A- Stable -
225 Packages Convertors Limited
Press Release | Report | History
Consumers Goods & Services Entity 18-Aug-23 Maintain AA- Stable -
226 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Energy Entity 15-Aug-23 Upgrade A+ Stable -
227 National Transmission & Despatch Company Limited
Press Release | Report | History
Energy Entity 11-Aug-23 Maintain AA+ Stable -
228 EcoPack Limited
Press Release | Report | History
Consumers Goods & Services Entity 10-Aug-23 Maintain BBB Stable Yes
229 Pak Suzuki Motor Company Limited
Press Release | Report | History
Auto and Allied Entity 04-Aug-23 Maintain AA- Stable -
230 Mekotex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 04-Aug-23 Maintain A- Stable -
231 Multinet Pakistan (Pvt.) Limited
Press Release | Report | History
Engineering and Technology Entity 01-Aug-23 Maintain A- Stable -
232 Ghandhara Tyre & Rubber Company Limited (formerly known as The General Tyre and Rubber Company of Pakistan Limited)
Press Release | Report | History
Auto and Allied Entity 01-Aug-23 Maintain A+ Stable Yes
233 Fauji Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 27-Jul-23 Maintain AA+ Stable -
234 Engro Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 27-Jul-23 Maintain AA Stable -
235 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 27-Jul-23 Maintain AA Stable -
236 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 27-Jul-23 Maintain A Stable -
237 Pakistan Oxygen Limited
Press Release | Report | History
Pharma and Chemicals Entity 25-Jul-23 Maintain A Stable -
238 Fatima Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Jul-23 Maintain AA+ Stable -
239 Huaneng Shandong Ruyi (Pakistan) Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 21-Jul-23 Maintain AA+ Stable -
240 Medipak Limited
Press Release | Report | History
Pharma and Chemicals Entity 20-Jul-23 Initial BBB+ Stable -
241 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 20-Jul-23 Maintain BBB Positive -
242 Sindh Engro Coal Mining Company
Press Release | Report | History
Energy Entity 19-Jul-23 Maintain AA Stable -
243 Steelex (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 14-Jul-23 Maintain BBB- Stable -
244 Nisar Spinning Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 14-Jul-23 Initial A- Stable -
245 Diamond Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 14-Jul-23 Maintain A- Stable -
246 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jul-23 Maintain A+ Stable -
247 Engro Polymer & Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jul-23 Maintain AA Stable -
248 Nimir Resins Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jul-23 Maintain A- Stable -
249 Liberty Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Jul-23 Maintain A+ Stable -
250 Orient Energy Systems (Pvt.) Limited
Press Release | Report | History
Engineering and Technology Entity 06-Jul-23 Initial A- Stable -
251 Pak Elektron Limited
Press Release | Report | History
Consumers Goods & Services Entity 04-Jul-23 Maintain A+ Stable -
252 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Energy Entity 04-Jul-23 Maintain AA- Stable -
253 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 03-Jul-23 Maintain BBB Stable -
254 Tata Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 27-Jun-23 Maintain A Stable -
255 Saif Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 27-Jun-23 Maintain A- Stable Yes
256 Service Long March Tyres (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 27-Jun-23 Initial A- Stable -
257 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Communication Entity 27-Jun-23 Maintain BBB Stable -
258 PARCO Pearl Gas (Pvt.) Limited
Press Release | Report | History
Energy Entity 26-Jun-23 Initial AA Stable -
259 Kohat Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Jun-23 Maintain A- Stable -
260 Yunus Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Jun-23 Maintain AA- Stable -
261 Siddiqsons Limited
Press Release | Report | History
Textile & Allied Entity 23-Jun-23 Maintain A- Stable -
262 Mahmood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 23-Jun-23 Maintain A- Stable -
263 Roomi Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 23-Jun-23 Maintain A- Stable -
264 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 23-Jun-23 Maintain AA Stable -
265 E-Vision Manufacturing Limited
Press Release | Report | History
Textile & Allied Entity 23-Jun-23 Maintain BBB Positive -
266 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 23-Jun-23 Maintain AA+ Stable -
267 ACT Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 23-Jun-23 Maintain A+ Stable -
268 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Jun-23 Maintain BB Stable -
269 VMS Trading Company
Press Release | Report | History
Agriculture & Allied Entity 22-Jun-23 Initial BBB Stable -
270 Narowal Energy Limited
Press Release | Report | History
Energy Entity 22-Jun-23 Maintain AA- Stable -
271 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 22-Jun-23 Maintain A- Stable -
272 K-Electric Limited
Press Release | Report | History
Energy Entity 21-Jun-23 Maintain AA Stable Yes
273 The Hub Power Company Limited
Press Release | Report | History
Energy Entity 21-Jun-23 Maintain AA+ Stable -
274 Olympia Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 20-Jun-23 Maintain A- Stable -
275 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 16-Jun-23 Maintain BBB+ Stable -
276 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 16-Jun-23 Maintain BBB+ Stable -
277 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-23 Upgrade AA+ Stable -
278 Nishat Hotels and Properties Ltd
Press Release | Report | History
Consumers Goods & Services Entity 16-Jun-23 Maintain A- Positive -
279 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Energy Entity 16-Jun-23 Maintain A Developing Yes
280 Ghani Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 13-Jun-23 Maintain A Stable -
281 Pearl Petro Industry (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 12-Jun-23 Initial BBB- Positive -
282 Pakistan Refinery Limited
Press Release | Report | History
Energy Entity 09-Jun-23 Maintain A- Stable Yes
283 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 09-Jun-23 Maintain AA- Stable -
284 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 08-Jun-23 Maintain A- Stable -
285 Pioneer Cement Limited
Press Release | Report | History
Infrastructure Entity 07-Jun-23 Maintain A Stable -
286 Martin Dow Marker Limited
Press Release | Report | History
Pharma and Chemicals Entity 02-Jun-23 Maintain A+ Stable -
287 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Logistics Entity 02-Jun-23 Maintain AAA Stable -
288 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 01-Jun-23 Upgrade A Stable -
289 Gas & Oil Pakistan Limited
Press Release | Report | History
Energy Entity 01-Jun-23 Maintain A+ Stable -
290 Reem Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 01-Jun-23 Maintain A- Stable -
291 Panther Tyres Limited
Press Release | Report | History
Auto and Allied Entity 29-May-23 Maintain A Stable -
292 Attock Refinery Limited
Press Release | Report | History
Energy Entity 26-May-23 Maintain AA Stable Yes
293 National Refinery Limited
Press Release | Report | History
Energy Entity 26-May-23 Maintain AA+ Negative Yes
294 Master Green Energy Limited
Press Release | Report | History
Energy Entity 24-May-23 Maintain A Stable -
295 Ziauddin University
Press Release | Report | History
Consumers Goods & Services Entity 23-May-23 Maintain BBB Stable -
296 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 19-May-23 Maintain AA Stable -
297 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 19-May-23 Maintain AA Stable -
298 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-23 Maintain A Stable -
299 Descon Oxychem Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-May-23 Maintain A+ Stable -
Complaints
Ms. Iram Tahir | Compliance Officer

+92 42 3586 9504-6 | compliance@pacra.com

DISCLAIMER
In case your complaint has not been properly redressed by us, you may lodge your complaint with SECP.