The Pakistan Credit Rating Agency Limited
12-Jun-26
Analyst
Muhammad Azmat Shaheen
azmat.shaheen@pacra.com
+92-42-35869504
www.pacra.com
Applicable Criteria
- Methodology | Corporate Rating | Jul-25
- Methodology | Rating Modifiers | Apr-26
- Methodology | Correlation Between Long-term & Short-term Rating Scales | Apr-26
Related Research
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PACRA Suspends the Entity Ratings of Roomi Fabrics Limited
| Rating Type | Entity | |
|
Current (12-Jun-26 ) |
Previous (06-Mar-26 ) |
|
| Action | Suspended | Downgrade |
| Long Term | - | BBB- |
| Short Term | - | A3 |
| Outlook | Negative | |
| Rating Watch | - | - |
PACRA has suspended the Entity Ratings of Roomi Fabrics Limited (“RFL” or “the Company”) with immediate effect. The suspension follows the non-provision of information by the company. In the absence of adequate information, PACRA is unable to maintain an informed opinion on the Company's creditworthiness. The ratings will remain suspended until the required information is received and reviewed and PACRA formulates an updated rating opinion.
.
About
the Entity
Roomi Fabrics Limited is a venture of Masood-Roomi Group, which was established in 2021; previously, it was part of the Mahmood Group till 2021. Overall control vests with five board members, three of whom are from the sponsoring family. Mr. Khawaja Jalaluddin Roomi (Late) was the CEO of the Company and had more than 30 years of experience in the textile industry. He was supported by a team of seasoned professionals who work under various sub-divisions to ensure efficiency.