Outstanding Ratings

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