Outstanding Ratings

Sr.No Entity Sector Rating Type Dissemination
Date
Action LT Rating ST Rating Outlook Rating Watch
1 Trans World Enterprise Services (Pvt.) Limited
Press Release | Report | History
Communication Entity 30-Jun-22 Initial BBB A2 Stable -
2 Cordoba Logistics & Ventures Limited
Press Release | Report | History
Auto and Allied Entity 30-Jun-22 Initial BBB- A2 Stable -
3 Kohat Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Jun-22 Maintain A- A2 Stable -
4 Tata Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Jun-22 Upgrade A A1 Stable -
5 Saif Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Jun-22 Maintain A- A2 Stable -
6 Yunus Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 30-Jun-22 Initial AA- A1+ Stable -
7 GuarantCo Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 30-Jun-22 Maintain AAA A1+ Stable -
8 Pakistan Kuwait Investment Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 29-Jun-22 Maintain AAA A1+ Stable -
9 Suzuki Islamabad Motors
Press Release | Report | History
Auto and Allied Entity 29-Jun-22 Initial BBB- A3 Stable -
10 K-Electric Limited
Press Release | Report | History
Energy Entity 29-Jun-22 Maintain AA A1+ Stable -
11 First Women Bank Limited
Press Release | Report | History
Banks Entity 28-Jun-22 Maintain A- A2 Developing Yes
12 Chanar Energy Limited
Press Release | Report | History
Energy Entity 27-Jun-22 Maintain BBB- A3 Negative Yes
13 The Bank of Khyber
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain A A1 Stable -
14 Faysal Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AA A1+ Stable -
15 Mahmood Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-22 Maintain A- A2 Stable -
16 Engro Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA+ A1+ Stable -
17 Standard Chartered Bank (Pakistan) Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AAA A1+ Stable -
18 Roomi Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 25-Jun-22 Maintain A- A2 Stable -
19 Askari Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AA+ A1+ Stable -
20 Habib Metropolitan Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AA+ A1+ Stable -
21 Dawood Hercules Corporation Limited
Press Release | Report | History
Holding Company Entity 25-Jun-22 Maintain AA A1+ Stable -
22 Soneri Bank Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AA- A1+ Stable -
23 National Bank of Pakistan
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AAA A1+ Stable -
24 PAIR Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-22 Maintain AA A1+ Stable -
25 Pak-Libya Holding Company (Pvt.) Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-22 Maintain AA- A1+ Positive -
26 Bank AL Habib Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AAA A1+ Stable -
27 Bank Alfalah Limited
Press Release | Report | History
Banks Entity 25-Jun-22 Maintain AA+ A1+ Stable -
28 Pakistan Microfinance Investment Company Limited
Press Release | Report | History
Development Institutions Entity 25-Jun-22 Maintain AA A1+ Stable Yes
29 Nishat Hotels and Properties Ltd
Press Release | Report | History
Consumers Goods & Services Entity 24-Jun-22 Maintain A- A2 Stable -
30 Pioneer Cement Limited
Press Release | Report | History
Infrastructure Entity 24-Jun-22 Maintain A A2 Negative -
31 BankIslami Pakistan Limited
Press Release | Report | History
Banks Entity 24-Jun-22 Maintain A+ A1 Positive -
32 Meezan Plastic Industries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Jun-22 Initial BB A3 Stable -
33 E-Vision Manufacturing Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-22 Maintain BBB A2 Positive -
34 Siddiqsons Limited
Press Release | Report | History
Textile & Allied Entity 24-Jun-22 Maintain A- A1 Stable -
35 Allied Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-22 Maintain AAA A1+ Stable -
36 MCB Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-22 Maintain AAA A1+ Stable -
37 ACT Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 23-Jun-22 Upgrade A+ A1 Stable -
38 JS Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-22 Maintain AA- A1+ Stable -
39 MCB Islamic Bank Limited
Press Release | Report | History
Banks Entity 23-Jun-22 Maintain A A1 Stable -
40 Narowal Energy Limited
Press Release | Report | History
Energy Entity 22-Jun-22 Maintain AA- A1+ Stable -
41 Meskay & Femtee Trading Company (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 22-Jun-22 Initial A- A2 Stable -
42 Master Green Energy Limited
Press Release | Report | History
Energy Entity 22-Jun-22 Maintain A A1 Developing Yes
43 The Hub Power Company Limited
Press Release | Report | History
Energy Entity 21-Jun-22 Maintain AA+ A1+ Stable -
44 Olympia Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 20-Jun-22 Maintain A- A1 Stable -
45 The Bank of Punjab
Press Release | Report | History
Banks Entity 18-Jun-22 Maintain AA+ A1+ Stable -
46 Aslam Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-22 Maintain BBB+ A2 Stable -
47 Flow Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 17-Jun-22 Maintain BBB+ A2 Stable -
48 Packages Limited
Press Release | Report | History
Holding Company Entity 16-Jun-22 Maintain AA A1+ Stable -
49 Ghani Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 14-Jun-22 Maintain A A1 Stable -
50 Pak-Arab Pipeline Company Limited
Press Release | Report | History
Logistics Entity 10-Jun-22 Maintain AAA A1+ Stable -
51 Avanceon Limited
Press Release | Report | History
Engineering and Technology Entity 10-Jun-22 Maintain A- A2 Stable -
52 Orient Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Jun-22 Initial AA- A1 Stable -
53 LOTTE Kolson (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Jun-22 Maintain A- A2 Stable -
54 Pakistan Refinery Limited
Press Release | Report | History
Energy Entity 09-Jun-22 Maintain A- A2 Stable Yes
55 Gas & Oil Pakistan Limited
Press Release | Report | History
Energy Entity 03-Jun-22 Maintain A+ A1 Stable -
56 Reem Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 03-Jun-22 Initial A- A2 Stable -
57 Martin Dow Marker Limited
Press Release | Report | History
Pharma and Chemicals Entity 03-Jun-22 Maintain A+ A1 Stable -
58 Panther Tyres Limited
Press Release | Report | History
Auto and Allied Entity 01-Jun-22 Maintain A A1 Stable -
59 Aba Ali Habib Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 31-May-22 Initial A- A2 Stable -
60 Lucky Tex Pakistan (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 27-May-22 Initial BBB A2 Stable -
61 Attock Refinery Limited
Press Release | Report | History
Energy Entity 27-May-22 Maintain AA A1+ Negative Yes
62 National Refinery Limited
Press Release | Report | History
Energy Entity 27-May-22 Maintain AA+ A1+ Negative -
63 Ziauddin University
Press Release | Report | History
Consumers Goods & Services Entity 23-May-22 Initial BBB A2 Stable -
64 Entertainment Pakistan Limited
Press Release | Report | History
Infrastructure Entity 23-May-22 Initial BB A3 Stable -
65 Hub Power Holdings Limited
Press Release | Report | History
Holding Company Entity 20-May-22 Maintain AA A1+ Stable -
66 Pakistan Mobile Communications Limited
Press Release | Report | History
Communication Entity 20-May-22 Maintain AA A1 Stable -
67 TPL Corp Limited
Press Release | Report | History
Holding Company Entity 18-May-22 Maintain A A1 Stable -
68 Descon Oxychem Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-May-22 Upgrade A+ A1 Stable -
69 Crown Textile
Press Release | Report | History
Textile & Allied Entity 16-May-22 Initial BBB- A2 Stable -
70 H. Nizam Din & Sons (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 13-May-22 Initial BBB+ A2 Stable -
71 Sitara Petroleum Service (Pvt.) Limited
Press Release | Report | History
Energy Entity 11-May-22 Maintain A- A2 Stable -
72 AL Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 02-May-22 Maintain BBB A2 Stable -
73 Infra Zamin Pakistan Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 02-May-22 Maintain AAA A1+ Stable -
74 Sefam (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 02-May-22 Maintain A- A2 Positive -
75 Nishat Mills Limited
Press Release | Report | History
Textile & Allied Entity 02-May-22 Maintain AA A1+ Stable -
76 Mobilink Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-22 Maintain A A1 Positive -
77 Apna Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-22 Maintain BBB+ A3 Negative Yes
78 Telenor Microfinance Bank Limited
Press Release | Report | History
Banks Entity 30-Apr-22 Downgrade A A1 Stable Yes
79 Pakistan Synthetics Limited
Press Release | Report | History
Consumers Goods & Services Entity 29-Apr-22 Upgrade A- A2 Stable -
80 NRSP Microfinance Bank Limited
Press Release | Report | History
Banks Entity 29-Apr-22 Maintain A A1 Negative Yes
81 Alfalah CLSA Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 29-Apr-22 Maintain A- A1 Stable -
82 AGAHE Pakistan
Press Release | Report | History
Banks Entity 29-Apr-22 Upgrade BBB- A3 Stable -
83 Sadiq Poultry (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 29-Apr-22 Maintain BBB+ A2 Stable -
84 Flying Cement Company Limited
Press Release | Report | History
Infrastructure Entity 29-Apr-22 Maintain A- A2 Stable Yes
85 Rustam Towel (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 29-Apr-22 Maintain BBB A2 Stable -
86 TPL Properties Limited
Press Release | Report | History
Infrastructure Entity 29-Apr-22 Maintain A+ A1 Stable -
87 Hawa Energy (Pvt.) Limited
Press Release | Report | History
Energy Entity 27-Apr-22 Initial A A1 Stable -
88 Jhimpir Power (Pvt.) Limited
Press Release | Report | History
Energy Entity 27-Apr-22 Initial A A1 Stable -
89 New Horizon Computer
Press Release | Report | History
Engineering and Technology Entity 22-Apr-22 Initial BB+ A3 Stable -
90 Diamond Tyres Limited
Press Release | Report | History
Auto and Allied Entity 22-Apr-22 Maintain A- A2 Stable -
91 Asif Rice Mills
Press Release | Report | History
Agriculture & Allied Entity 22-Apr-22 Initial BBB+ A2 Stable -
92 Matracon Pakistan (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 20-Apr-22 Maintain BBB A2 Stable -
93 National Foods Limited
Press Release | Report | History
Food and Allied Entity 19-Apr-22 Maintain AA- A1 Stable -
94 FINCA Microfinance Bank Limited
Press Release | Report | History
Banks Entity 15-Apr-22 Maintain A A1 Negative Yes
95 Reliance Cotton Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 14-Apr-22 Initial A- A2 Stable -
96 Shahzad Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 13-Apr-22 Upgrade A- A2 Stable -
97 Lucky Electric Power Company Limited
Press Release | Report | History
Energy Entity 11-Apr-22 Upgrade AA A1+ Stable -
98 Al-Abbas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 11-Apr-22 Maintain A+ A1 Stable -
99 Optimus Capital Management (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 08-Apr-22 Maintain A- A2 Stable -
100 SGM Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 08-Apr-22 Maintain BBB A2 Stable -
101 Mehran Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 06-Apr-22 Maintain A- A2 Stable -
102 SME Leasing Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 06-Apr-22 Maintain B- A4 Negative Yes
103 Noon Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-22 Maintain BBB+ A2 Stable -
104 Mirpurkhas Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-22 Maintain A- A2 Stable -
105 Popular Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-22 Maintain BBB+ A2 Stable -
106 Jauharabad Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 05-Apr-22 Maintain BBB+ A2 Stable -
107 Quaid-e-Azam Solar Power (Pvt.) Limited
Press Release | Report | History
Energy Entity 04-Apr-22 Initial AA A1+ Stable -
108 Gharibwal Cement Limited
Press Release | Report | History
Infrastructure Entity 01-Apr-22 Maintain A A2 Stable -
109 Warble (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 31-Mar-22 Maintain BBB- A3 Stable -
110 Sargodha Jute Mills Limited
Press Release | Report | History
Textile & Allied Entity 31-Mar-22 Maintain A- A2 Stable -
111 Welcon Chemicals (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 31-Mar-22 Maintain BBB- A3 Stable -
112 Jinn Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 31-Mar-22 Initial BBB A2 Stable -
113 Masood Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 30-Mar-22 Maintain A- A2 Stable -
114 Ultra Pack (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 30-Mar-22 Initial BBB A2 Stable -
115 Khawaja Tanneries (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 30-Mar-22 Initial BBB A2 Stable -
116 Sindh Microfinance Bank Limited
Press Release | Report | History
Banks Entity 29-Mar-22 Maintain A- A2 Stable -
117 JWS Pakistan
Press Release | Report | History
Banks Entity 28-Mar-22 Upgrade BBB A3 Stable -
118 SAFCO Support Foundation
Press Release | Report | History
Banks Entity 28-Mar-22 Maintain BBB A3 Stable -
119 Fecto Cement Limited
Press Release | Report | History
Infrastructure Entity 25-Mar-22 Maintain A- A2 Stable Yes
120 Kohinoor Energy Limited
Press Release | Report | History
Energy Entity 25-Mar-22 Maintain AA A1+ Stable -
121 Modaraba Al-Mali
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Mar-22 Maintain BBB+ A2 Developing Yes
122 Escorts Investment Bank Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 25-Mar-22 Maintain A- A2 Developing Yes
123 Pakistan Services Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Mar-22 Maintain A A1 Developing Yes
124 Saif Power Limited
Press Release | Report | History
Energy Entity 22-Mar-22 Upgrade AA- A1 Stable -
125 Halmore Power Generation Company Limited
Press Release | Report | History
Energy Entity 22-Mar-22 Upgrade AA- A1 Stable -
126 Unicol Limited
Press Release | Report | History
Agriculture & Allied Entity 18-Mar-22 Maintain A A1 Stable -
127 Mehmooda Maqbool Mills Limited
Press Release | Report | History
Food and Allied Entity 18-Mar-22 Initial BBB A2 Stable -
128 Qadir Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 18-Mar-22 Initial BB+ A3 Stable -
129 Maksons Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 18-Mar-22 Maintain BBB- A2 Stable -
130 Descon Engineering Limited
Press Release | Report | History
Infrastructure Entity 18-Mar-22 Maintain AA- A1 Stable -
131 Reliance Petrochem Industries (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Mar-22 Maintain BBB+ A2 Stable -
132 Hunza Sugar Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 16-Mar-22 Upgrade BBB+ A2 Stable -
133 Fauji Cement Company Limited
Press Release | Report | History
Infrastructure Entity 15-Mar-22 Initial A+ A1 Stable -
134 Hi-Tech Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 10-Mar-22 Upgrade BBB A2 Stable -
135 Gul Ahmed Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 07-Mar-22 Upgrade A+ A1 Stable -
136 Liberty Wind Power 1 Limited
Press Release | Report | History
Energy Entity 04-Mar-22 Maintain A- A2 Stable -
137 US Apparel & Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 04-Mar-22 Initial A+ A1 Stable -
138 Brainchild Communications Pakistan (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Mar-22 Maintain BBB+ A2 Stable -
139 D.G. Khan Cement Company Limited
Press Release | Report | History
Infrastructure Entity 04-Mar-22 Maintain AA- A1+ Stable -
140 Liberty Wind Power 2 Limited
Press Release | Report | History
Energy Entity 04-Mar-22 Maintain A- A2 Stable -
141 Allawasaya Textile & Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 03-Mar-22 Upgrade BBB A2 Stable -
142 OLP Financial Services Pakistan Limited (Formerly ORIX Leasing Pakistan Limited)
Press Release | Report | History
Non Banking Financial Institutes Entity 03-Mar-22 Maintain AA+ A1+ Stable -
143 OLP Modaraba (Formerly ORIX Modaraba)
Press Release | Report | History
Non Banking Financial Institutes Entity 03-Mar-22 Maintain AA A1+ Stable -
144 Allawasaya Spinning Mills (Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 03-Mar-22 Upgrade BBB- A3 Stable -
145 Masood Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 03-Mar-22 Upgrade A- A2 Stable -
146 Ismail Construction Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 03-Mar-22 Initial BBB- A2 Stable -
147 STS Oil Mills (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 03-Mar-22 Initial BB A3 Stable -
148 Basfa Textile (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 02-Mar-22 Upgrade BBB A2 Stable -
149 Pakistan International Bulk Terminal Limited
Press Release | Report | History
Energy Entity 26-Feb-22 Maintain A A2 Stable -
150 Jadeed Feeds Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 25-Feb-22 Maintain A- A2 Stable -
151 Sapphire Electric Company Limited
Press Release | Report | History
Energy Entity 25-Feb-22 Maintain AA- A1+ Stable -
152 Oursun Pakistan Limited
Press Release | Report | History
Energy Entity 25-Feb-22 Maintain A A1 Stable -
153 Fazal Rehman Fabrics Limited
Press Release | Report | History
Textile & Allied Entity 23-Feb-22 Upgrade A A2 Stable -
154 Ahmed Fine Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 23-Feb-22 Upgrade A A2 Stable -
155 Alhamd Corporation (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 22-Feb-22 Initial A- A2 Stable -
156 Sindh Abadgars Sugar Mills Limited
Press Release | Report | History
Agriculture & Allied Entity 21-Feb-22 Maintain BBB A2 Stable -
157 Maqbool Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 19-Feb-22 Maintain BBB+ A2 Stable -
158 K.K. Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 19-Feb-22 Maintain BBB A2 Stable -
159 Gul Ahmed Electric Limited
Press Release | Report | History
Energy Entity 18-Feb-22 Maintain A- A2 Stable -
160 Nishat Paper Products Company Limited
Press Release | Report | History
Consumers Goods & Services Entity 17-Feb-22 Maintain A A1 Stable -
161 Punjab Oil Mills Limited
Press Release | Report | History
Food and Allied Entity 11-Feb-22 Maintain BBB+ A2 Stable -
162 Jadeed Oil Extraction (Private) Limited
Press Release | Report | History
Food and Allied Entity 11-Feb-22 Maintain BBB- A3 Positive -
163 Shujabad Agro Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 11-Feb-22 Maintain A- A2 Stable -
164 EGAS (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Feb-22 Maintain BBB A2 Stable -
165 Hi-Tech Edible Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 09-Feb-22 Maintain BBB A2 Stable -
166 Ibrahim Fibres Limited
Press Release | Report | History
Textile & Allied Entity 08-Feb-22 Maintain AA A1+ Stable -
167 Ahmed Hassan Spinning Limited
Press Release | Report | History
Textile & Allied Entity 07-Feb-22 Initial BBB A2 Stable -
168 Denim-E (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 07-Feb-22 Initial BBB- A2 Stable -
169 Energy Infrastructure Holding (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 03-Feb-22 Maintain A- A1 Stable -
170 Sabirs' Vegetable Oils (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 02-Feb-22 Initial BBB- A3 Stable -
171 Zahir Khan & Brothers
Press Release | Report | History
Infrastructure Entity 02-Feb-22 Maintain A A2 Stable -
172 Jasons Commodities
Press Release | Report | History
Agriculture & Allied Entity 31-Jan-22 Initial BBB- A2 Stable -
173 Techno Time Construction (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 31-Jan-22 Initial BBB A2 Stable -
174 Sitara Heights (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 31-Jan-22 Initial A- A2 Stable -
175 Latif Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 28-Jan-22 Initial BBB- A2 Stable -
176 Al Barka Fabrics (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 28-Jan-22 Initial BBB+ A2 Stable -
177 KAM International
Press Release | Report | History
Textile & Allied Entity 27-Jan-22 Initial A- A2 Stable -
178 Kohat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 27-Jan-22 Maintain A A1 Positive -
179 Pak Arab Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 25-Jan-22 Maintain A- A2 Developing -
180 Fatima Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 25-Jan-22 Upgrade AA A1+ Stable -
181 Usman Steels (Pvt.) Limited
Press Release | Report | History
Logistics Entity 21-Jan-22 Initial BBB A2 Stable -
182 BRB Properties Builders and Developers
Press Release | Report | History
Infrastructure Entity 18-Jan-22 Initial BB+ A3 Stable -
183 Al-Khair Rice Mills (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 18-Jan-22 Initial BBB- A2 Stable -
184 Toyota Jinnah Motors (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 18-Jan-22 Maintain BBB A2 Stable -
185 H. Sheikh Noor-ud-Din & Sons (Private) Limited
Press Release | Report | History
Textile & Allied Entity 18-Jan-22 Maintain BBB A2 Negative Yes
186 Loads Limited
Press Release | Report | History
Auto and Allied Entity 17-Jan-22 Maintain A A1 Stable -
187 Spud Energy Pty Limited (Pakistan Branch)
Press Release | Report | History
Energy Entity 14-Jan-22 Maintain A A1 Stable -
188 ISE Towers REIT Management Company Limited
Press Release | Report | History
Non Banking Financial Institutes Entity 07-Jan-22 Maintain A A1 Stable -
189 Allah Tawaqal Metals (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 07-Jan-22 Initial BB A3 Stable -
190 Foundation Power Company Daharki Limited
Press Release | Report | History
Energy Entity 07-Jan-22 Maintain AA- A1+ Stable -
191 Multi Resin Industries
Press Release | Report | History
Pharma and Chemicals Entity 03-Jan-22 Initial BBB- A2 Stable -
192 Kassim Textiles (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 31-Dec-21 Maintain A- A2 Stable -
193 China Power Hub Generation Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 31-Dec-21 Maintain AA+ A1+ Stable -
194 Getz Pharma (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 30-Dec-21 Maintain AA- A1 Stable -
195 Azhar Corporation (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 30-Dec-21 Initial BBB A2 Stable -
196 Cherat Cement Company Limited
Press Release | Report | History
Infrastructure Entity 28-Dec-21 Upgrade A+ A1 Stable -
197 HBL Microfinance Bank (The First MicroFinanceBank Limited)
Press Release | Report | History
Banks Entity 28-Dec-21 Initial A+ A1 Stable -
198 Al Rahim Textile Industries Limited
Press Release | Report | History
Textile & Allied Entity 28-Dec-21 Upgrade A- A1 Stable -
199 Tariq Glass Industries Limited
Press Release | Report | History
Infrastructure Entity 24-Dec-21 Initial A+ A1 Stable -
200 United Ethanol Industries Limited
Press Release | Report | History
Agriculture & Allied Entity 24-Dec-21 Maintain A- A2 Stable -
201 Cherat Packaging Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Dec-21 Maintain A A1 Positive -
202 Pakistan National Shipping Corporation
Press Release | Report | History
Logistics Entity 24-Dec-21 Maintain AA A1+ Stable -
203 Siddiqsons Tinplate Limited
Press Release | Report | History
Consumers Goods & Services Entity 24-Dec-21 Maintain A- A2 Stable -
204 EFG Hermes Pakistan Limited
Press Release | Report | History
Capital Markets Entity 24-Dec-21 Maintain A- A1 Stable -
205 Reliance Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 23-Dec-21 Upgrade A A2 Stable -
206 TPL Trakker Limited
Press Release | Report | History
Logistics Entity 23-Dec-21 Maintain A- A2 Stable -
207 EXIDE Pakistan Limited
Press Release | Report | History
Auto and Allied Entity 22-Dec-21 Initial BBB A2 Stable -
208 Sui Southern Gas Company Limited
Press Release | Report | History
Energy Entity 22-Dec-21 Downgrade A A2 Negative Yes
209 Orient Petroleum Inc. (Pakistan Branch)
Press Release | Report | History
Energy Entity 22-Dec-21 Maintain A- A2 Stable -
210 Zaver Petroleum Corporation (Pvt.) Limited
Press Release | Report | History
Energy Entity 22-Dec-21 Maintain A- A2 Stable -
211 Ghulam Rasool & Company (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 17-Dec-21 Maintain BBB+ A2 Stable -
212 KSB Pumps Company Limited
Press Release | Report | History
Engineering and Technology Entity 17-Dec-21 Maintain A+ A1 Stable Yes
213 MACPAC Films Limited
Press Release | Report | History
Consumers Goods & Services Entity 17-Dec-21 Upgrade BBB A2 Stable -
214 IGI Holdings Limited
Press Release | Report | History
Holding Company Entity 17-Dec-21 Maintain AA A1+ Stable -
215 Sapphire Retail Limited
Press Release | Report | History
Textile & Allied Entity 17-Dec-21 Initial A- A2 Stable -
216 Khaadi Pakistan (SMC-Pvt) Limited
Press Release | Report | History
Textile & Allied Entity 14-Dec-21 Maintain A- A2 Stable -
217 JS Global Capital Limited
Press Release | Report | History
Capital Markets Entity 14-Dec-21 Maintain AA A1+ Stable -
218 Mega Conglomerate (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 14-Dec-21 Maintain AA- A1 Stable -
219 Pakistan Oil Mills (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 10-Dec-21 Initial BBB+ A2 Stable -
220 Ismail Industries Limited
Press Release | Report | History
Food and Allied Entity 10-Dec-21 Maintain A A1 Stable -
221 Pak Arab Refinery Limited
Press Release | Report | History
Energy Entity 10-Dec-21 Maintain AAA A1+ Stable -
222 Kingcrete Builders
Press Release | Report | History
Infrastructure Entity 02-Dec-21 Maintain BBB A2 Stable -
223 Sayban International
Press Release | Report | History
Agriculture & Allied Entity 29-Nov-21 Upgrade BBB- A3 Stable -
224 HUM Network Limited
Press Release | Report | History
Communication Entity 29-Nov-21 Maintain A+ A1 Stable Yes
225 Sapphire Finishing Mills Limited
Press Release | Report | History
Textile & Allied Entity 26-Nov-21 Maintain A A1 Stable -
226 Ghani Global Glass Limited
Press Release | Report | History
Infrastructure Entity 23-Nov-21 Initial BBB+ A2 Positive -
227 Sapphire Fibres Limited
Press Release | Report | History
Textile & Allied Entity 23-Nov-21 Maintain A+ A1 Stable -
228 Inbox Business Technologies Limited
Press Release | Report | History
Engineering and Technology Entity 23-Nov-21 Initial BBB+ A2 Stable -
229 Airlink Communication
Press Release | Report | History
Distributors Entity 22-Nov-21 Upgrade A A1 Stable -
230 KTRADE Securities Limited
Press Release | Report | History
Capital Markets Entity 22-Nov-21 Upgrade A- A2 Stable -
231 Ghani Global Holdings Limited
Press Release | Report | History
Holding Company Entity 22-Nov-21 Initial A- A2 Positive -
232 Fazal Holdings (Pvt.) Limited
Press Release | Report | History
Holding Company Entity 22-Nov-21 Maintain A A1 Stable -
233 Ahmed Fine Weaving Limited
Press Release | Report | History
Textile & Allied Entity 18-Nov-21 Maintain A- A2 Stable -
234 Etihad Alloys (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Nov-21 Initial BB+ A3 Developing -
235 Gul Ahmed Energy Limited
Press Release | Report | History
Energy Entity 10-Nov-21 Maintain A- A2 Stable -
236 Sui Northern Gas Pipelines Limited
Press Release | Report | History
Energy Entity 05-Nov-21 Maintain AA- A1 Stable -
237 Fazal Cloth Mills Limited
Press Release | Report | History
Textile & Allied Entity 05-Nov-21 Upgrade A A2 Stable -
238 Orient Rental Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 04-Nov-21 Maintain A- A2 Stable -
239 Habibullah Coastal Power Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 01-Nov-21 Maintain A A1 Developing Yes
240 Islamabad Farms
Press Release | Report | History
Food and Allied Entity 29-Oct-21 Maintain BBB- A3 Stable -
241 AGP Limited
Press Release | Report | History
Pharma and Chemicals Entity 26-Oct-21 Maintain A+ A1 Stable -
242 Pharmagen Limited
Press Release | Report | History
Pharma and Chemicals Entity 25-Oct-21 Maintain A- A2 Stable -
243 Zahidjee Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 25-Oct-21 Upgrade A A2 Stable -
244 Din Energy Limited
Press Release | Report | History
Energy Entity 22-Oct-21 Initial A- A2 Stable -
245 Ghandhara Industries Limited
Press Release | Report | History
Auto and Allied Entity 22-Oct-21 Upgrade A+ A1 Stable -
246 Mumtaz Feeds & Allied Industries (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 22-Oct-21 Maintain BBB- A2 Positive -
247 Ghandhara Nissan Limited
Press Release | Report | History
Auto and Allied Entity 22-Oct-21 Maintain A A1 Stable -
248 Mughal Iron & Steel Industries Limited
Press Release | Report | History
Infrastructure Entity 22-Oct-21 Upgrade A+ A1 Stable -
249 CCL Pharmaceuticals (Pvt.) Limited
Press Release | Report | History
Pharma and Chemicals Entity 20-Oct-21 Initial A A1 Stable -
250 Secure Logistics Group (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 15-Oct-21 Upgrade A A2 Stable -
251 Engro Eximp Agriproducts (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain A- A2 Stable -
252 Jhulay Lal Parboiled Rice Mill
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BBB A2 Positive -
253 Awami Agro Commodities
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BBB- A2 Stable -
254 Hassan Ali Rice Export Company
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BBB A2 Stable -
255 Reliance International Commodities Exports (Pvt.) Limited
Press Release | Report | History
Agriculture & Allied Entity 14-Oct-21 Maintain BB+ A3 Stable -
256 Habib Construction Services Limited
Press Release | Report | History
Infrastructure Entity 13-Oct-21 Maintain BBB A2 Stable -
257 A.J. Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 12-Oct-21 Initial A- A2 Stable -
258 Master Wind Energy Limited
Press Release | Report | History
Energy Entity 01-Oct-21 Upgrade A+ A1 Stable -
259 PakGen Power Limited
Press Release | Report | History
Energy Entity 30-Sep-21 Maintain AA A1 Stable -
260 LalPir Power Limited
Press Release | Report | History
Energy Entity 30-Sep-21 Maintain AA A1 Stable -
261 Thardeep Microfinance Foundation
Press Release | Report | History
Banks Entity 30-Sep-21 Maintain BBB A3 Stable Yes
262 Liberty Power Tech Limited
Press Release | Report | History
Energy Entity 30-Sep-21 Maintain A+ A1 Stable -
263 Ismail Iqbal Securities (Pvt.) Limited
Press Release | Report | History
Capital Markets Entity 29-Sep-21 Maintain A- A2 Stable -
264 Ravi Automobile (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Sep-21 Maintain BBB A2 Stable -
265 Kashf Foundation
Press Release | Report | History
Banks Entity 25-Sep-21 Maintain A- A2 Stable Yes
266 Service Industries Limited
Press Release | Report | History
Auto and Allied Entity 24-Sep-21 Initial AA- A1 Stable -
267 Dawood Equities Limited
Press Release | Report | History
Capital Markets Entity 24-Sep-21 Initial A- A2 Stable -
268 Nishat Power Limited
Press Release | Report | History
Energy Entity 24-Sep-21 Maintain AA- A1 Stable -
269 Ellcot Spinning Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Sep-21 Maintain A- A2 Stable -
270 Askari Cement Limited
Press Release | Report | History
Infrastructure Entity 24-Sep-21 Maintain A A1 Stable -
271 Nagina Cotton Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Sep-21 Maintain A- A2 Stable -
272 First Punjab Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 24-Sep-21 Maintain A- A2 Stable -
273 Prosperity Weaving Mills Limited
Press Release | Report | History
Textile & Allied Entity 24-Sep-21 Maintain A- A2 Stable -
274 Engro PowerGen Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 23-Sep-21 Maintain AA- A1 Stable -
275 Global Marketing Services
Press Release | Report | History
Pharma and Chemicals Entity 23-Sep-21 Upgrade BBB A2 Stable -
276 First Habib Modaraba
Press Release | Report | History
Non Banking Financial Institutes Entity 23-Sep-21 Maintain AA+ A1+ Stable -
277 Thar Energy Limited
Press Release | Report | History
Energy Entity 23-Sep-21 Maintain A- A2 Stable Yes
278 Atlas Power Limited
Press Release | Report | History
Energy Entity 22-Sep-21 Maintain AA- A1+ Stable -
279 OILCO Petroleum (Pvt.) Limited
Press Release | Report | History
Energy Entity 21-Sep-21 Initial A- A2 Stable -
280 Berger Paints Pakistan Limited
Press Release | Report | History
Pharma and Chemicals Entity 16-Sep-21 Initial A- A2 Stable -
281 Punjab Feeds Limited
Press Release | Report | History
Food and Allied Entity 16-Sep-21 Initial BBB A2 Stable -
282 Islamabad Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 16-Sep-21 Maintain BBB A2 Stable -
283 Malik MIJ Chunxing Resources Recycling Company Limited
Press Release | Report | History
Engineering and Technology Entity 15-Sep-21 Initial BBB A2 Stable -
284 Sadiq Feeds (Pvt.) Limited
Press Release | Report | History
Food and Allied Entity 14-Sep-21 Maintain BBB+ A2 Stable -
285 Harappa Solar (Pvt.) Limited
Press Release | Report | History
Energy Entity 10-Sep-21 Maintain A A1 Stable -
286 Bestway Cement Limited
Press Release | Report | History
Infrastructure Entity 09-Sep-21 Maintain AA- A1+ Stable -
287 Din Textile Mills Limited
Press Release | Report | History
Textile & Allied Entity 08-Sep-21 Initial A- A2 Stable -
288 Nayatel (Pvt.) Limited
Press Release | Report | History
Communication Entity 04-Sep-21 Maintain A A1 Stable -
289 ThalNova Power Thar (Pvt.) Limited
Press Release | Report | History
Energy Entity 02-Sep-21 Initial A- A2 Stable -
290 BE Energy Limited
Press Release | Report | History
Energy Entity 27-Aug-21 Maintain A+ A1 Stable -
291 Etimaad Engineering (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 26-Aug-21 Upgrade BBB+ A2 Stable -
292 Cnergyico Pk Limited ( Formerly: Byco Petroleum Pakistan Limited )
Press Release | Report | History
Energy Entity 25-Aug-21 Maintain A- A2 Stable Yes
293 MAAKSONS ENGINEERING CORPORATION LIMITED
Press Release | Report | History
Infrastructure Entity 24-Aug-21 Maintain BBB+ A2 Stable -
294 Khas Textile Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 23-Aug-21 Maintain BB+ A3 Stable -
295 Tufail Chemical Industries Limited
Press Release | Report | History
Pharma and Chemicals Entity 23-Aug-21 Maintain A- A2 Stable -
296 Awan Trading Company (Pvt.) Limited
Press Release | Report | History
Energy Entity 20-Aug-21 Maintain BBB+ A2 Stable -
297 U Microfinance Bank Limited
Press Release | Report | History
Banks Entity 18-Aug-21 Maintain A A1 Stable Yes
298 National Transmission & Despatch Company Limited
Press Release | Report | History
Energy Entity 13-Aug-21 Maintain AA+ A1+ Stable -
299 Pak Suzuki Motor Company Limited
Press Release | Report | History
Auto and Allied Entity 11-Aug-21 Maintain AA- A1 Stable -
300 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 10-Aug-21 Upgrade A+ A1 Stable -
301 Eastern Garments (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain BBB+ A2 Stable -
302 Mekotex (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 06-Aug-21 Maintain A- A2 Stable -
303 Interwood Mobel (Pvt.) Limited
Press Release | Report | History
Consumers Goods & Services Entity 04-Aug-21 Maintain BBB+ A2 Stable -
304 M.Y. Bari Mills (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 04-Aug-21 Maintain BBB A2 Stable -
305 Jahangir Siddiqui & Co. Ltd.
Press Release | Report | History
Holding Company Entity 30-Jul-21 Maintain AA A1+ Stable -
306 Sarena Textile Industries (Pvt.) Limited
Press Release | Report | History
Textile & Allied Entity 30-Jul-21 Upgrade A A2 Stable -
307 Fauji Fertilizer Company Limited
Press Release | Report | History
Agriculture & Allied Entity 30-Jul-21 Maintain AA+ A1+ Stable -
308 Engro Fertilizers Limited
Press Release | Report | History
Agriculture & Allied Entity 29-Jul-21 Maintain AA A1+ Stable -
309 Honda Centre (Pvt.) Limited
Press Release | Report | History
Auto and Allied Entity 29-Jul-21 Maintain BBB A2 Stable -
310 Pakistan Oxygen Limited
Press Release | Report | History
Pharma and Chemicals Entity 29-Jul-21 Maintain A A1 Stable -
311 Sindh Engro Coal Mining Company
Press Release | Report | History
Energy Entity 19-Jul-21 Maintain AA A1+ Stable -
312 ACT2 Wind (Pvt.) Limited
Press Release | Report | History
Energy Entity 19-Jul-21 Upgrade BBB+ A2 Stable -
313 Nimir Resins Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A- A2 Stable -
314 Engro Polymer & Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain AA- A1+ Positive -
315 NIMIR Industrial Chemicals Limited
Press Release | Report | History
Pharma and Chemicals Entity 17-Jul-21 Maintain A+ A1 Stable -
316 Jamal Pipe Industries (Pvt.) Limited
Press Release | Report | History
Infrastructure Entity 16-Jul-21 Maintain BBB A2 Stable -
317 Liberty Mills Limited
Press Release | Report | History
Textile & Allied Entity 10-Jul-21 Maintain A+ A1 Stable -
318 Engro Elengy Terminal (Private) Limited
Press Release | Report | History
Energy Entity 06-Jul-21 Maintain AA- A1 Stable -
319 Pak Elektron Limited
Press Release | Report | History
Consumers Goods & Services Entity 06-Jul-21 Maintain A+ A1 Stable -
320 Amreli Steels Limited
Press Release | Report | History
Infrastructure Entity 05-Jul-21 Maintain A- A2 Stable -