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 Credit Ratings of Masood Fabrics Limited
| Rating Type | Entity | |
|
Current (12-Jun-26 ) |
Previous (30-Mar-26 ) |
|
| Action | Suspended | Downgrade |
| Long Term | - | BBB- |
| Short Term | - | A3 |
| Outlook | Stable | |
| Rating Watch | - | - |
PACRA has suspended the Entity Ratings of Masood Fabrics Limited (“MFL” 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
Masood Fabrics Limited is a public unlisted company incorporated in May, 1998. The Company operates with the production facility of 32,880 spindles and 260 looms. Mr. Khawaja Jalaluddin Roomi (late), the Company’s Ex-CEO oversaw the Company’s operations. His son, Khawaja Najamuddin Roomi is involved in the Company's operations as the Executive Director.