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Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action Rating Outlook Rating Watch
1 KSB Pumps Company Limited
Press Release | Report | History
Engineering and Technology Entity 27-Oct-26 Maintain A+ Stable -
2 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 23-Oct-26 Upgrade BBB Developing -
3 Stylers International Limited
Press Release | Report | History
Textile & Allied Entity 23-Oct-26 Maintain A Stable -
4 Service Tyres (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 23-Oct-26 Maintain A+ Positive -
5 Guard Agricultural Research and Services (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 23-Oct-26 Maintain A- Stable -
6 AGP Limited
Press Release | Report | History
Pharma and Chemicals Entity 22-Oct-26 Maintain A+ Stable -
7 Novacare Hospitals (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 21-Oct-26 Initial A- Stable -
8 Pharmagen Limited
Press Release | Report | History
Pharma and Chemicals Entity 21-Oct-26 Maintain A- Stable -
9 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 21-Oct-26 Maintain A- Stable -
10 MCB Islamic Bank Limited
Press Release | Report | History
Banks Entity 21-Oct-26 Upgrade AA- Stable -
11 Ghandhara Industries Limited
Press Release | Report | History
Auto and Allied Entity 16-Oct-26 Maintain A+ Positive -
12 Ghandhara Automobiles Limited
Press Release | Report | History
Auto and Allied Entity 16-Oct-26 Upgrade A+ Stable -
13 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Oct-26 Maintain A Stable -
14 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Infrastructure Entity 15-Oct-26 Maintain A+ Stable -
15 Thar Energy Limited
Press Release | Report | History
Energy Entity 15-Oct-26 Maintain AA- Stable -
16 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 15-Oct-26 Maintain AA- Stable -
17 Secure Logistics Trax Group Limited
Press Release | Report | History
Auto and Allied Entity 13-Oct-26 Maintain A+ Stable -
18 Habib Construction Services Limited
Press Release | Report | History
Infrastructure Entity 09-Oct-26 Upgrade A- Stable -
19 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Oct-26 Maintain BBB Stable -
20 Khaadi Pakistan Limited (formerly: Khaadi Pakistan SMC Pvt. Limited)
Press Release | Report | History
Textile & Allied Entity 09-Oct-26 Initial AA- Stable -
21 Irfan Noman Brothers (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 08-Oct-26 Maintain BBB+ Stable -
22 Din Energy Limited
Press Release | Report | History
Energy Entity 07-Oct-26 Maintain A Stable -
23 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 07-Oct-26 Maintain BBB+ Stable -
24 Orient Rental Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 30-Sep-26 Maintain A- Stable -
25 A.J. Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Sep-26 Maintain A- Stable -
26 Master Wind Energy Limited
Press Release | Report | History
Energy Entity 25-Sep-26 Upgrade AA- Stable -
27 Parwaaz Financial Services Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Sep-26 Maintain A+ Stable -
28 Service Industries Limited
Press Release | Report | History
Auto and Allied Entity 18-Sep-26 Maintain AA Stable -
29 Dawood Equities Limited
Press Release | Report | History
Capital Markets Entity 18-Sep-26 Maintain A- Stable -
30 Ellcot Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 18-Sep-26 Maintain A- Stable -
31 Nagina Cotton Mills Limited
Press Release | Report | History
Textile & Allied Entity 18-Sep-26 Maintain A- Stable -
32 Global Marketing Services
Press Release | Report | History
Pharma and Chemicals Entity 18-Sep-26 Maintain BBB+ Stable -
33 Trust Securities & Brokerage Limited
Press Release | Report | History
Capital Markets Entity 18-Sep-26 Maintain A- Stable -
34 First Punjab Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 18-Sep-26 Maintain A- Stable -
35 Nishat Power Limited
Press Release | Report | History
Energy Entity 18-Sep-26 Maintain AA- Stable -
36 Multinet Pakistan (Pvt.) Limited
Press Release | Report | History
Engineering and Technology Entity 18-Sep-26 Upgrade A Stable -
37 First Habib Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 18-Sep-26 Maintain AA+ Stable -
38 Texo Poly Industries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 11-Sep-26 Initial BBB+ Stable -
39 My Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 11-Sep-26 Maintain BBB+ Stable -
40 Nimir Chemicals Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 11-Sep-26 Maintain A- Stable -
41 Berger Paints Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 11-Sep-26 Maintain A- Stable -
42 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 09-Sep-26 Maintain AA Stable -
43 Din Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 04-Sep-26 Maintain A- Stable -
44 Bulleh Shah Packaging (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 04-Sep-26 Maintain AA- Stable Yes
45 Fazal Cloth Mills Limited
Press Release | Report | History
Textile & Allied Entity 04-Sep-26 Maintain A Stable -
46 Premier Industrial Chemical MFG. Co. (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 04-Sep-26 Maintain A- Stable Yes
47 Prosperity Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 03-Sep-26 Maintain A- Positive -
48 Bestway Cement Limited
Press Release | Report | History
Infrastructure Entity 02-Sep-26 Maintain AA- Stable -
49 Golden Packages (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 28-Aug-26 Maintain BBB Stable -
50 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 28-Aug-26 Maintain A+ Stable -
51 Infralectric (Pvt.) Limited
Press Release | Report | History
Engineering and Technology Entity 28-Aug-26 Maintain A- Stable -
52 Martin Dow Limited
Press Release | Report | History
Pharma and Chemicals Entity 28-Aug-26 Maintain A+ Stable -
53 Puma Energy Pakistan (Pvt.) Limited
Press Release | Report | History
Energy Entity 28-Aug-26 Maintain A- Stable -
54 Trans World Associates (Pvt.) Limited
Press Release | Report | History
Communication Entity 28-Aug-26 Maintain A+ Stable -
55 Packages Limited
Press Release | Report | History
Holding Company Entity 28-Aug-26 Maintain AA+ Stable -
56 Zarea Limited
Press Release | Report | History
Engineering and Technology Entity 27-Aug-26 Maintain A- Stable -
57 Pearl Petro Industry (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 25-Aug-26 Maintain BBB Stable -
58 Be Energy Limited
Press Release | Report | History
Energy Entity 21-Aug-26 Maintain A+ Stable -
59 Maaksons Engineering Corporation Limited
Press Release | Report | History
Infrastructure Entity 21-Aug-26 Maintain A- Stable -
60 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 21-Aug-26 Maintain BBB- Stable -
61 Multan Electric Power Company Limited
Press Release | Report | History
Energy Entity 21-Aug-26 Upgrade A+ Stable -
62 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-Aug-26 Maintain A- Stable -
63 Packages Convertors Limited
Press Release | Report | History
Consumers Goods & Services Entity 13-Aug-26 Maintain AA- Stable -
64 Tufail Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 12-Aug-26 Maintain A- Stable Yes
65 National Grid Company of Pakistan Limited (formerly: National Transmission & Despatch Company Limited)
Press Release | Report | History
Energy Entity 07-Aug-26 Maintain AA+ Stable Yes
66 Sapphire Dairies (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 07-Aug-26 Maintain A- Stable -
67 MAL Pakistan Limited
Press Release | Report | History
Energy Entity 05-Aug-26 Maintain A- Stable -
68 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Energy Entity 03-Aug-26 Maintain A+ Stable -
69 Fauji Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 31-Jul-26 Upgrade AAA Stable -
70 Ideas (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 31-Jul-26 Initial A Stable -
71 Mekotex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 31-Jul-26 Maintain A- Stable -
72 Ghandhara Tyre & Rubber Company Limited
Press Release | Report | History
Auto and Allied Entity 31-Jul-26 Maintain A+ Stable Yes
73 Pak Suzuki Motor Company Limited
Press Release | Report | History
Auto and Allied Entity 31-Jul-26 Maintain AA Stable -
74 Jazaa Global (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 30-Jul-26 Maintain BBB Stable -
75 ACT Polyols (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 28-Jul-26 Initial A- Stable -
76 Fatima Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Jul-26 Maintain AA+ Stable -
77 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 24-Jul-26 Maintain AA Stable -
78 Engro Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Jul-26 Maintain AA Stable -
79 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 24-Jul-26 Maintain A Stable -
80 Pakistan Oxygen Limited
Press Release | Report | History
Pharma and Chemicals Entity 24-Jul-26 Maintain A+ Stable -
81 Askari Bank Limited
Press Release | Report | History
Banks Entity 20-Jul-26 Upgrade AAA Stable -
82 Reon Energy Limited
Press Release | Report | History
Energy Entity 17-Jul-26 Maintain A Stable -
83 Lumen Energia (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jul-26 Maintain BBB- Stable -
84 Sindh Engro Coal Mining Company
Press Release | Report | History
Energy Entity 17-Jul-26 Maintain AA Stable -
85 Medipak Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-26 Maintain BBB+ Positive -
86 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 16-Jul-26 Maintain BBB+ Stable -
87 National Rural Support Programme
Press Release | Report | History
Banks Entity 15-Jul-26 Maintain A Stable -
88 Mega Motor Company (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 14-Jul-26 Initial A- Stable -
89 Avanceon Limited
Press Release | Report | History
Engineering and Technology Entity 14-Jul-26 Maintain A Stable -
90 Faisalabad Electric Supply Company Limited
Press Release | Report | History
Energy Entity 10-Jul-26 Maintain AA- Stable -
91 Diamond Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 10-Jul-26 Maintain A- Stable -
92 Steelex (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 10-Jul-26 Maintain BBB Stable -
93 Hoora Pharma (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 10-Jul-26 Maintain BBB Stable -
94 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 10-Jul-26 Maintain A+ Stable -
95 Nimir Resins Limited
Press Release | Report | History
Pharma and Chemicals Entity 10-Jul-26 Maintain A- Stable -
96 Nisar Spinning Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 10-Jul-26 Maintain A- Stable -
97 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Agriculture & Allied Entity 09-Jul-26 Maintain BBB Stable -
98 Pak Elektron Limited
Press Release | Report | History
Consumers Goods & Services Entity 09-Jul-26 Maintain A+ Stable -
99 Engro Polymer & Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 07-Jul-26 Maintain AA Stable -
100 Liberty Mills Limited
Press Release | Report | History
Textile & Allied Entity 03-Jul-26 Maintain A+ Stable -
101 Easypaisa Bank Limited (formerly Telenor Microfinance Bank Limited)
Press Release | Report | History
Banks Entity 01-Jul-26 Upgrade AA- Stable -
102 The Bank of Punjab
Press Release | Report | History
Banks Entity 30-Jun-26 Upgrade AAA Stable -
103 Habib Metropolitan Bank Limited
Press Release | Report | History
Banks Entity 30-Jun-26 Upgrade AAA Stable -
104 Soneri Bank Limited
Press Release | Report | History
Banks Entity 30-Jun-26 Upgrade AA Stable -
105 GuarantCo Ltd
Press Release | Report | History
Non Banking Financial Institutes Entity 27-Jun-26 Maintain AAA Stable -
106 Bank of Khyber
Press Release | Report | History
Banks Entity 27-Jun-26 Upgrade AA- Stable -
107 Hi-Tech Blending (Pvt.) Limited
Press Release | Report | History
Energy Entity 24-Jun-26 Initial A- Stable -
108 Hi-Tech Lubricants Limited
Press Release | Report | History
Energy Entity 24-Jun-26 Initial A Stable -
109 Pak Libya Holding Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 24-Jun-26 Maintain AA Stable -
110 Export-Import Bank of Pakistan
Press Release | Report | History
Development Institutions Entity 24-Jun-26 Maintain AAA Stable -
111 Pakistan Aluminium Beverage Cans Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Jun-26 Maintain AA- Stable -
112 BankIslami Pakistan Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain AA- Stable -
113 JS Bank Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain AA Stable -
114 First Women Bank Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Upgrade A Stable -
115 Allied Bank Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain AAA Stable -
116 Samba Bank Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain AA Stable -
117 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Communication Entity 24-Jun-26 Upgrade BBB+ Stable -
118 Faysal Bank Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain AA+ Stable -
119 Rural Community Development Programmes
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain BBB+ Stable -
120 Bank Alfalah Limited
Press Release | Report | History
Banks Entity 24-Jun-26 Maintain AAA Stable -
121 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 24-Jun-26 Maintain AAA Stable -
122 Service Long March Tyres Limited
Press Release | Report | History
Auto and Allied Entity 24-Jun-26 Upgrade AA- Stable -
123 PARCO Pearl Gas (Pvt.) Limited
Press Release | Report | History
Energy Entity 24-Jun-26 Maintain AA Stable -
124 Orient Energy Systems (Pvt.) Limited
Press Release | Report | History
Engineering and Technology Entity 24-Jun-26 Upgrade A Stable -
125 Fatima Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Jun-26 Maintain A Stable -
126 MCB Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-26 Maintain AAA Stable -
127 National Bank of Pakistan
Press Release | Report | History
Banks Entity 23-Jun-26 Maintain AAA Stable -
128 Bank AL Habib Limited
Press Release | Report | History
Banks Entity 23-Jun-26 Maintain AAA Stable -
129 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 19-Jun-26 Maintain AA+ Stable -
130 Engro Holdings Limited
Press Release | Report | History
Holding Company Entity 19-Jun-26 Maintain AA Stable -
131 Yunus Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 19-Jun-26 Maintain AA Stable -
132 National Credit Guarantee Company Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 19-Jun-26 Maintain AAA Stable -
133 Saif Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 19-Jun-26 Maintain A- Stable Yes
134 PAIR Investment Company Limited
Press Release | Report | History
Development Institutions Entity 19-Jun-26 Maintain AA Stable -
135 Siddiqsons Limited
Press Release | Report | History
Textile & Allied Entity 19-Jun-26 Maintain A- Stable -
136 DIC Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 18-Jun-26 Maintain AA- Stable -
137 Narowal Energy Limited
Press Release | Report | History
Energy Entity 18-Jun-26 Maintain AA- Stable -
138 Kohat Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 17-Jun-26 Maintain A- Stable -
139 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Jun-26 Maintain A- Stable -
140 ZKB Construction (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 15-Jun-26 Maintain A Stable -
141 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Energy Entity 12-Jun-26 Maintain A Stable -
142 VMS Trading Company
Press Release | Report | History
Agriculture & Allied Entity 12-Jun-26 Maintain BBB Stable -
143 E-Vision Manufacturing Limited
Press Release | Report | History
Textile & Allied Entity 12-Jun-26 Maintain BBB Stable -
144 Meko Fabrics (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 12-Jun-26 Maintain BBB+ Stable -
145 Pakistan Refinery Limited
Press Release | Report | History
Energy Entity 05-Jun-26 Maintain A Stable -
146 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
Development Institutions Entity 05-Jun-26 Maintain AA Stable -
147 ACT Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Jun-26 Maintain A+ Stable -
148 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Jun-26 Maintain AA- Stable -
149 K-Electric Limited
Press Release | Report | History
Energy Entity 04-Jun-26 Maintain AA Stable Yes
150 Hadeed Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 04-Jun-26 Maintain A Stable -
151 The Hub Power Company Limited
Press Release | Report | History
Energy Entity 02-Jun-26 Maintain AA+ Stable -
152 Masood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 02-Jun-26 Maintain A Stable -
153 Panther Tyres Limited
Press Release | Report | History
Auto and Allied Entity 25-May-26 Maintain A Stable -
154 Kassim (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 22-May-26 Initial BBB Stable -
155 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Logistics Entity 22-May-26 Maintain AAA Stable -
156 Olympia Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 22-May-26 Maintain A Stable -
157 National Refinery Limited
Press Release | Report | History
Energy Entity 22-May-26 Maintain AA Developing Yes
158 Tata Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 22-May-26 Maintain A Stable Yes
159 H. Sadar Ali Akhtar Ali (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 22-May-26 Maintain BBB+ Stable -
160 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 22-May-26 Maintain BB Stable -
161 Nishat Hotels and Properties Ltd
Press Release | Report | History
Consumers Goods & Services Entity 22-May-26 Maintain A Stable -
162 Union Microfinance Company Limited
Press Release | Report | History
Banks Entity 22-May-26 Initial BB Stable -
163 Attock Refinery Limited
Press Release | Report | History
Energy Entity 21-May-26 Maintain AA Stable -
164 Ghani Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 18-May-26 Maintain A Positive -
165 Khadija Edible Oil Refinery (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 18-May-26 Maintain A- Stable -
166 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 16-May-26 Maintain A Developing Yes
167 Martin Dow Marker Limited
Press Release | Report | History
Pharma and Chemicals Entity 15-May-26 Maintain A+ Stable -
168 JazzWorld Pakistan Limited (formerly Pakistan Mobile Communications Ltd)
Press Release | Report | History
Communication Entity 15-May-26 Maintain AA Stable -
169 Descon Oxychem Limited
Press Release | Report | History
Pharma and Chemicals Entity 15-May-26 Maintain A+ Stable -
170 Apna Microfinance Bank Limited
Press Release | Report | History
Banks Entity 15-May-26 Maintain BB Negative Yes
171 Karachi Gateway Terminal (Pvt.) Limited
Press Release | Report | History
Logistics Entity 13-May-26 Initial AA- Stable -
172 Karachi Gateway Terminal Multipurpose (Pvt.) Limited
Press Release | Report | History
Logistics Entity 13-May-26 Initial AA- Stable -
173 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 13-May-26 Maintain A- Stable Yes
174 Entertainment Pakistan Limited
Press Release | Report | History
Infrastructure Entity 13-May-26 Maintain BB Stable -
175 Neelum Oil and Ghee Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 13-May-26 Maintain A- Stable -
176 Waheed Hafeez Ghee Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 13-May-26 Maintain A- Stable -
177 Treet Battery Limited
Press Release | Report | History
Auto and Allied Entity 12-May-26 Initial A- Stable -
178 Beacon Impex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 12-May-26 Maintain A Stable -
179 BF Biosciences Limited
Press Release | Report | History
Pharma and Chemicals Entity 12-May-26 Maintain A- Stable -
180 Ziauddin University
Press Release | Report | History
Consumers Goods & Services Entity 12-May-26 Maintain BBB Stable -
181 Rainbow Hosiery (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 12-May-26 Maintain BBB Stable -
182 Adam Securities Limited
Press Release | Report | History
Capital Markets Entity 11-May-26 Initial A Stable -
183 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 08-May-26 Maintain AA Stable -
184 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 05-May-26 Maintain BBB+ Stable -
185 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 05-May-26 Maintain A- Stable -
186 Gas & Oil Pakistan Limited
Press Release | Report | History
Energy Entity 05-May-26 Maintain AA Stable -
187 Pakistan Oil Mills (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 04-May-26 Upgrade A Stable -
188 Netracon Technologies (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 30-Apr-26 Initial A- Stable -
189 Nishat Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Apr-26 Maintain AA Stable -
190 Infra Zamin Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 30-Apr-26 Maintain AAA Stable -
191 Sefam (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Apr-26 Maintain A- Stable Yes
192 Mahmood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Apr-26 Maintain A- Stable -
193 Mobilink Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-26 Maintain A Stable -
194 NRSP Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-26 Maintain A- Stable -
195 Master Green Energy Limited
Press Release | Report | History
Energy Entity 30-Apr-26 Maintain A Stable -
196 ASA Microfinance Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 29-Apr-26 Maintain A- Stable -
197 Ferozsons Laboratories Limited
Press Release | Report | History
Pharma and Chemicals Entity 28-Apr-26 Maintain A Stable -
198 Pakistan Synthetics Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Apr-26 Maintain A- Stable -
199 AGAHE Pakistan
Press Release | Report | History
Banks Entity 24-Apr-26 Maintain BBB Stable -
200 Salman Paper Products (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 22-Apr-26 Maintain BBB Stable -
201 Flying Cement Company Limited
Press Release | Report | History
Infrastructure Entity 18-Apr-26 Maintain A- Stable Yes
202 Asif Rice Mills
Press Release | Report | History
Agriculture & Allied Entity 17-Apr-26 Maintain BBB+ Stable -
203 National Foods Limited
Press Release | Report | History
Food and Allied Entity 17-Apr-26 Maintain AA- Stable -
204 New Horizon Computer
Press Release | Report | History
Engineering and Technology Entity 17-Apr-26 Maintain BBB- Stable -
205 GH2 Industries (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 15-Apr-26 Maintain A- Stable -
206 Crown Textile
Press Release | Report | History
Textile & Allied Entity 14-Apr-26 Maintain BBB- Positive -
207 Packages Real Estate (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 10-Apr-26 Maintain A Stable -
208 Hilal Foods (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 10-Apr-26 Maintain A- Stable -
209 Armstrong ZE (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 09-Apr-26 Initial A- Stable -
210 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 09-Apr-26 Maintain A+ Stable -
211 Lucky Electric Power Company Limited
Press Release | Report | History
Energy Entity 06-Apr-26 Maintain AA Stable -
212 International Business Management
Press Release | Report | History
Consumers Goods & Services Entity 03-Apr-26 Maintain BB+ Stable -
213 Bikiya Industries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 03-Apr-26 Maintain BB+ Stable -
214 Madiha International (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 03-Apr-26 Maintain BB+ Stable -
215 Mehran Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 03-Apr-26 Maintain A- Stable -
216 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 03-Apr-26 Maintain A- Stable -
217 Noon Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 03-Apr-26 Upgrade A- Stable -
218 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 03-Apr-26 Maintain A- Stable Yes
219 Sindh Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Mar-26 Maintain A Stable -
220 JS Investments Limited (JSIL)
Press Release | Report | History
Non Banking Financial Institutes Entity 28-Mar-26 Maintain A+ Stable -
221 HNDS Energy Limited
Press Release | Report | History
Energy Entity 26-Mar-26 Maintain A Stable -
222 Meridian Energy Limited
Press Release | Report | History
Energy Entity 26-Mar-26 Maintain A Stable -
223 Helios Power Limited
Press Release | Report | History
Energy Entity 26-Mar-26 Maintain A Stable -
224 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 26-Mar-26 Maintain BBB Stable -
225 Sargodha Jute Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Mar-26 Maintain A- Stable -
226 H.A.R Fibres (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 26-Mar-26 Maintain BBB- Stable -
227 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 26-Mar-26 Maintain BB+ Stable -
228 A. Rahim Foods (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 26-Mar-26 Maintain A- Stable -
229 SAFCO Microfinance Company (Private) Limited
Press Release | Report | History
Banks Entity 26-Mar-26 Maintain BBB Stable -
230 JWS Pakistan
Press Release | Report | History
Banks Entity 26-Mar-26 Maintain BBB Positive -
231 Amreli Steels Limited
Press Release | Report | History
Infrastructure Entity 26-Mar-26 Maintain CCC Developing Yes
232 US Denim Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 19-Mar-26 Maintain A Stable -
233 Kohinoor Energy Limited
Press Release | Report | History
Energy Entity 19-Mar-26 Maintain AA Stable -
234 Saif Power Limited
Press Release | Report | History
Energy Entity 19-Mar-26 Maintain AA- Stable -
235 The Punjab Provincial Cooperative Bank Limited
Press Release | Report | History
Banks Entity 19-Mar-26 Upgrade A- Stable -
236 KTM Leather (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 19-Mar-26 Maintain BBB+ Stable Yes
237 Warble (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Mar-26 Maintain BBB Stable -
238 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Mar-26 Maintain BBB Stable -
239 Mount Fuji Textiles Limited
Press Release | Report | History
Textile & Allied Entity 19-Mar-26 Maintain BBB+ Stable -
240 TPL Properties Limited
Press Release | Report | History
Infrastructure Entity 19-Mar-26 Downgrade A Developing Yes
241 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Engineering and Technology Entity 18-Mar-26 Maintain A- Stable -
242 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 13-Mar-26 Maintain BBB+ Stable -
243 Unicol Limited
Press Release | Report | History
Agriculture & Allied Entity 13-Mar-26 Maintain A Stable -
244 Fauji Cement Company Limited
Press Release | Report | History
Infrastructure Entity 12-Mar-26 Maintain AA- Stable -
245 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 12-Mar-26 Maintain A- Stable -
246 Imperium Hospitality (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 12-Mar-26 Upgrade A- Stable -
247 SGM Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 11-Mar-26 Upgrade BBB+ Stable -
248 Jauharabad Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 11-Mar-26 Maintain BBB+ Positive -
249 ARY Communications Limited
Press Release | Report | History
Communication Entity 10-Mar-26 Maintain A Stable -
250 Halmore Power Generation Company Limited
Press Release | Report | History
Energy Entity 09-Mar-26 Maintain AA- Stable -
251 Euro Oil (Pvt.) Limited
Press Release | Report | History
Energy Entity 06-Mar-26 Initial A- Stable -
252 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 06-Mar-26 Maintain AA- Stable -
253 Shahzad Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 06-Mar-26 Maintain A- Stable -
254 UBL Financial Services (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 03-Mar-26 Initial A- Stable -
255 Masood Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 27-Feb-26 Maintain A- Stable -
256 Poly Pack (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 27-Feb-26 Maintain A- Stable -
257 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Communication Entity 27-Feb-26 Maintain BBB+ Stable -
258 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 27-Feb-26 Maintain BBB Stable -
259 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 27-Feb-26 Maintain BBB- Stable Yes
260 Newage Cables (Pvt.) Limited
Press Release | Report | History
Energy Entity 27-Feb-26 Maintain A- Stable -
261 D.G. Khan Cement Company Limited
Press Release | Report | History
Infrastructure Entity 26-Feb-26 Maintain AA- Stable -
262 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 20-Feb-26 Maintain A+ Stable -
263 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 20-Feb-26 Maintain A- Stable -
264 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 20-Feb-26 Maintain A- Stable -
265 Hyundai Nishat Motor (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 20-Feb-26 Maintain A+ Stable -
266 Fecto Cement Limited
Press Release | Report | History
Infrastructure Entity 20-Feb-26 Maintain A- Stable -
267 Kashf Foundation
Press Release | Report | History
Banks Entity 20-Feb-26 Maintain A Stable -
268 Select Technologies Limited
Press Release | Report | History
Distributors Entity 20-Feb-26 Maintain A Stable -
269 Descon Engineering Limited
Press Release | Report | History
Infrastructure Entity 18-Feb-26 Maintain AA- Positive -
270 Liberty Wind Power 2 Limited
Press Release | Report | History
Energy Entity 18-Feb-26 Maintain A Stable -
271 Liberty Wind Power 1 Limited
Press Release | Report | History
Energy Entity 18-Feb-26 Maintain A Stable -
272 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Feb-26 Maintain BBB+ Stable -
273 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 13-Feb-26 Maintain BBB Positive -
274 Nishat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 13-Feb-26 Maintain A Stable -
275 Gul Ahmed Electric Limited
Press Release | Report | History
Energy Entity 13-Feb-26 Maintain A Stable -
276 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 12-Feb-26 Maintain A Stable -
277 Gharibwal Cement Limited
Press Release | Report | History
Infrastructure Entity 12-Feb-26 Maintain A Stable -
278 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 12-Feb-26 Upgrade BBB+ Stable -
279 FFO Support Program
Press Release | Report | History
Banks Entity 10-Feb-26 Initial BB+ Stable -
280 Shams Power Limited
Press Release | Report | History
Energy Entity 10-Feb-26 Initial A- Stable -
281 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Food and Allied Entity 06-Feb-26 Maintain BBB+ Stable -
282 AL Habib Exchange Company (Pvt.) Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 06-Feb-26 Initial A+ Stable -
283 Denim-E (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Feb-26 Maintain BBB- Positive -
284 Eva Foods (Pvt.) Ltd (formerly: Shujabad Agro Industries (Pvt.) Limited)
Press Release | Report | History
Food and Allied Entity 06-Feb-26 Maintain A- Stable -
285 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Food and Allied Entity 06-Feb-26 Maintain BBB- Positive -
286 Punjab Oil Mills Limited
Press Release | Report | History
Food and Allied Entity 06-Feb-26 Maintain BBB+ Stable -
287 Ibrahim Fibres Limited
Press Release | Report | History
Textile & Allied Entity 06-Feb-26 Maintain AA Stable -
288 Jasons Commodities
Press Release | Report | History
Agriculture & Allied Entity 30-Jan-26 Maintain BBB Stable -
289 Mashreq Bank Pakistan Limited
Press Release | Report | History
Banks Entity 29-Jan-26 Initial AA Stable -
290 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 29-Jan-26 Maintain A- Stable -
291 AL Habib Capital Markets (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 27-Jan-26 Maintain A Stable -
292 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 23-Jan-26 Maintain A- Stable -
293 Ali Embroidery Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Jan-26 Maintain BBB Stable -
294 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 22-Jan-26 Maintain BBB- Positive -
295 Zahir Khan & Brothers
Press Release | Report | History
Infrastructure Entity 21-Jan-26 Maintain A Stable -
296 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 21-Jan-26 Maintain BBB+ Stable -
297 Dynamic Packaging (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 16-Jan-26 Upgrade BBB+ Stable -
298 University of Management and Technology
Press Release | Report | History
Consumers Goods & Services Entity 15-Jan-26 Upgrade A Stable -
299 Loads Limited
Press Release | Report | History
Auto and Allied Entity 15-Jan-26 Maintain A Stable -
300 Tourism Promotion Services (Pakistan) Limited
Press Release | Report | History
Consumers Goods & Services Entity 12-Jan-26 Maintain AA Stable -
301 Kohat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 12-Jan-26 Maintain A+ Stable -
302 Oursun Pakistan Limited
Press Release | Report | History
Energy Entity 09-Jan-26 Maintain A+ Stable -
303 Polaris Danah Natural Resource Development (Pvt.) Limited
Press Release | Report | History
Energy Entity 08-Jan-26 Maintain BB Stable -
304 Mari Energies Limited
Press Release | Report | History
Energy Entity 08-Jan-26 Maintain AAA Stable -
305 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 07-Jan-26 Upgrade BBB+ Stable -
306 Multi Resin Industries
Press Release | Report | History
Pharma and Chemicals Entity 02-Jan-26 Maintain BBB- Stable -
307 Foundation Power Company Daharki Limited
Press Release | Report | History
Energy Entity 02-Jan-26 Maintain AA- Stable -
308 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Dec-25 Maintain A- Stable -
309 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-25 Maintain AA Stable -
310 ACT2 Din Wind (Pvt) Limited ( formerly: ACT2 Wind (Pvt.) Limited )
Press Release | Report | History
Energy Entity 29-Dec-25 Maintain A- Stable -
311 Ahmad Hassan Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 27-Dec-25 Maintain BBB+ Stable -
312 Attock Petroleum Limited
Press Release | Report | History
Energy Entity 26-Dec-25 Initial AA Stable -
313 HBL Microfinance Bank Limited
Press Release | Report | History
Banks Entity 26-Dec-25 Maintain A+ Stable -
314 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 26-Dec-25 Maintain A- Stable -
315 DEL Engineering Domestic (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 26-Dec-25 Maintain AA- Stable -
316 Meko Denim Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 26-Dec-25 Maintain BBB+ Positive -
317 Dr. Ziauddin Hospital Trust
Press Release | Report | History
Consumers Goods & Services Entity 26-Dec-25 Maintain A- Stable -
318 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 26-Dec-25 Maintain BB+ Stable -
319 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 26-Dec-25 Maintain AA+ Stable -
320 Cherat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 26-Dec-25 Maintain A+ Stable -
321 Service Global Footwear Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Dec-25 Maintain A+ Stable -
322 Al Rahim Textile Industries Limited
Press Release | Report | History
Textile & Allied Entity 24-Dec-25 Maintain A Stable -
323 Cherat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Dec-25 Maintain A Positive -
324 Siddiqsons Tinplate Limited
Press Release | Report | History
Consumers Goods & Services Entity 23-Dec-25 Maintain A- Developing -
325 Inverex Power Solution
Press Release | Report | History
Energy Entity 20-Dec-25 Initial BBB Stable -
326 Reliance Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 19-Dec-25 Maintain A Stable -
327 United Ethanol Industries Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Dec-25 Maintain A- Stable -
328 EXIDE Pakistan Limited
Press Release | Report | History
Auto and Allied Entity 19-Dec-25 Maintain BBB+ Stable -
329 Tariq Glass Industries Limited
Press Release | Report | History
Infrastructure Entity 19-Dec-25 Maintain A+ Stable -
330 TPL Trakker Limited
Press Release | Report | History
Logistics Entity 19-Dec-25 Maintain A- Developing Yes
331 Advance Telecom (Pvt.) Limited
Press Release | Report | History
Distributors Entity 19-Dec-25 Maintain A- Stable -
332 Intermarket Securities Limited (Formerly: EFG Hermes Pakistan Limited)
Press Release | Report | History
Capital Markets Entity 19-Dec-25 Maintain A- Stable -
333 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 18-Dec-25 Maintain BBB+ Stable -
334 PARCO Gunvor Limited
Press Release | Report | History
Energy Entity 17-Dec-25 Maintain AAA Stable -
335 Pakistan National Shipping Corporation
Press Release | Report | History
Logistics Entity 16-Dec-25 Upgrade AA+ Stable -
336 MACPAC Films Limited
Press Release | Report | History
Consumers Goods & Services Entity 16-Dec-25 Maintain BBB+ Stable -
337 JS Global Capital Limited
Press Release | Report | History
Capital Markets Entity 12-Dec-25 Maintain AA Stable -
338 Pharmatec Pakistan (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 12-Dec-25 Maintain A- Stable -
339 Sapphire Retail Limited
Press Release | Report | History
Textile & Allied Entity 12-Dec-25 Maintain A Stable -
340 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 12-Dec-25 Maintain AA- Stable -
341 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 12-Dec-25 Maintain AA Stable -
342 Sui Southern Gas Company Limited
Press Release | Report | History
Energy Entity 12-Dec-25 Maintain AA- Stable -
343 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Energy Entity 11-Dec-25 Upgrade A Stable -
344 Daewoo Pakistan Express Bus Service Limited
Press Release | Report | History
Auto and Allied Entity 11-Dec-25 Upgrade A Stable -
345 EcoPack Limited
Press Release | Report | History
Consumers Goods & Services Entity 09-Dec-25 Maintain BBB+ Stable -
346 Pak Arab Refinery Limited
Press Release | Report | History
Energy Entity 08-Dec-25 Maintain AAA Stable -
347 Ismail Industries Limited
Press Release | Report | History
Food and Allied Entity 05-Dec-25 Maintain AA- Stable -
348 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 03-Dec-25 Maintain A- Stable -
349 Mughal Energy Limited
Press Release | Report | History
Energy Entity 01-Dec-25 Maintain A Developing -
350 Sayban International
Press Release | Report | History
Agriculture & Allied Entity 28-Nov-25 Maintain BBB- Stable Yes
351 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 28-Nov-25 Maintain A- Stable -
352 Tandlianwala Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 28-Nov-25 Maintain A Stable -
353 Starch Pack (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 26-Nov-25 Maintain A Stable -
354 East Gate Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 25-Nov-25 Initial A Stable -
355 Be Be Jan Pakistan Limited
Press Release | Report | History
Textile & Allied Entity 21-Nov-25 Maintain BBB Stable -
356 Sapphire Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 21-Nov-25 Maintain A Stable -
357 Inbox Business Technologies Limited
Press Release | Report | History
Engineering and Technology Entity 21-Nov-25 Maintain A- Stable -
358 HUM Network Limited
Press Release | Report | History
Communication Entity 21-Nov-25 Maintain AA- Stable -
359 KTRADE Securities Limited
Press Release | Report | History
Capital Markets Entity 21-Nov-25 Maintain A- Stable -
360 Azgard Nine Limited
Press Release | Report | History
Textile & Allied Entity 21-Nov-25 Initial BBB Stable -
361 Ghani Global Glass Limited
Press Release | Report | History
Infrastructure Entity 21-Nov-25 Maintain BBB+ Positive -
362 Airlink Communication
Press Release | Report | History
Distributors Entity 21-Nov-25 Maintain A+ Stable -
363 Samad Rubber Works (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 21-Nov-25 Maintain A- Stable -
364 Swat Agro Chemicals
Press Release | Report | History
Agriculture & Allied Entity 19-Nov-25 Maintain BBB Stable -
365 Ahmed Fine Weaving Limited
Press Release | Report | History
Textile & Allied Entity 14-Nov-25 Maintain A- Stable -
366 Sitara Petroleum Service Limited
Press Release | Report | History
Energy Entity 13-Nov-25 Upgrade A Stable -
367 Sapphire Fibres Limited
Press Release | Report | History
Textile & Allied Entity 13-Nov-25 Maintain A+ Stable -
368 Prism Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 11-Nov-25 Maintain A+ Stable -
369 Glamour Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 10-Nov-25 Maintain BBB- Stable -
370 Pakistan Services Limited
Press Release | Report | History
Consumers Goods & Services Entity 08-Nov-25 Maintain B Negative Yes
371 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 07-Nov-25 Maintain A+ Stable -
372 Liberty Power Tech Limited
Press Release | Report | History
Energy Entity 06-Nov-25 Maintain AA- Stable -
373 Service Retail (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 03-Nov-25 Initial A Stable -
374 Platinum Steel Mill (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 30-Oct-25 Maintain BBB Stable -
375 ABHI Microfinance Bank Limited (formerly: FINCA Microfinance Bank Limited)
Press Release | Report | History
Banks Entity 23-Feb-24 Downgrade BBB+ Negative Yes
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.