Responsive Header

Outstanding Ratings

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