Sector Research

Research forms an integral part of PACRA’s rating process.

The primary outcome of research is a sector study report. PACRA adds value by identifying specific array of factors that lead to credit risk in a particular industry. The frontiers of research at PACRA go beyond the domestic arena to cover international markets, hence affording a rich information resource in generating comparative analysis. All research publications are generated through independent in-house data gathering and deliberation. Wherever possible, primary sources of information are tapped. We also engage industry participants to enhance depth and breadth of analysis.

All Sectors

Sr. No. Title Date
1 Asset Management Companies (AMCs) Mar-2025
2 Automotive Parts Nov-2024
3 Batteries Jan-2025
4 Brokerage Firms Feb-2025
5 Cement Apr-2024
6 Chemicals Jul-2024
7 Coal Mining and Trading Jul-2024
8 Commercial Banks Jun-2024
9 Composite and Garments Jan-2025
10 Construction Apr-2025
11 Credit Guarantee Institutions Jun-2024
12 Dairy Aug-2024
13 Development Financial Institutions (DFIs) Jun-2024
14 Distribution | Gas Aug-2024
15 Edible Oil Mar-2025
16 Education Apr-2025
17 Fertilizers Feb-2025
18 Food Products Jan-2025
19 Footwear Sep-2024
20 Furniture & Fixtures Mar-2025
21 General Insurance Jun-2024
22 Glass Dec-2024
23 Healthcare Feb-2025
24 Holding Companies Aug-2024
25 Hotel & Lodging Jun-2024
26 Household Appliances Mar-2025
27 Industrial Gases Dec-2024
28 Jute Oct-2024
29 Leather Apr-2025
30 Life Insurance Jun-2024
31 Machinery Jan-2025
32 Media Feb-2025
33 Metals Feb-2025
34 Microfinance Oct-2024
35 Mobile Phone and Allied Products Jan-2025
36 Mutual Funds Mar-2025
37 Non-Banking Finance Companies Apr-2024
38 Oil Marketing Companies & Dealers Dec-2024
39 Oil Transportation & Storage Oct-2024
40 Paper and Packaging Nov-2024
41 Passenger Cars May-2024
42 Pesticides Mar-2025
43 Pharmaceuticals May-2024
44 Polyester Feb-2025
45 Poultry Sep-2024
46 Poultry Feed Mar-2025
47 Power Feb-2025
48 Real Estate Jun-2024
49 Refineries Dec-2024
50 Relief Mar-2025
51 Rice Nov-2024
52 Shipping Jun-2024
53 Spinning Oct-2024
54 Steel Sep-2024
55 Sugar Aug-2024
56 Technology Jun-2024
57 Telecommunication Jun-2024
58 Towels Sep-2024
59 Tracking Services Jan-2025
60 Transmission & Distribution | Electricity Mar-2025
61 Trucks & Buses Sep-2024
62 Tyres Oct-2024
63 Weaving Aug-2024

Financial Institutions

Sr. No. Title Date
1 Asset Management Companies (AMCs) Mar-2025
2 Brokerage Firms Feb-2025
3 Commercial Banks Jun-2024
4 Credit Guarantee Institutions Jun-2024
5 Development Financial Institutions (DFIs) Jun-2024
6 General Insurance Jun-2024
7 Life Insurance Jun-2024
8 Microfinance Oct-2024
9 Mutual Funds Mar-2025
10 Non-Banking Finance Companies Apr-2024

Corporates

Sr. No. Title Date
1 Automotive Parts Nov-2024
2 Batteries Jan-2025
3 Cement Apr-2024
4 Chemicals Jul-2024
5 Coal Mining and Trading Jul-2024
6 Composite and Garments Jan-2025
7 Construction Apr-2025
8 Dairy Aug-2024
9 Distribution | Gas Aug-2024
10 Edible Oil Mar-2025
11 Education Apr-2025
12 Fertilizers Feb-2025
13 Food Products Jan-2025
14 Footwear Sep-2024
15 Furniture & Fixtures Mar-2025
16 Glass Dec-2024
17 Healthcare Feb-2025
18 Holding Companies Aug-2024
19 Hotel & Lodging Jun-2024
20 Household Appliances Mar-2025
21 Industrial Gases Dec-2024
22 Jute Oct-2024
23 Leather Apr-2025
24 Machinery Jan-2025
25 Media Feb-2025
26 Metals Feb-2025
27 Mobile Phone and Allied Products Jan-2025
28 Oil Marketing Companies & Dealers Dec-2024
29 Oil Transportation & Storage Oct-2024
30 Paper and Packaging Nov-2024
31 Passenger Cars May-2024
32 Pesticides Mar-2025
33 Pharmaceuticals May-2024
34 Polyester Feb-2025
35 Poultry Sep-2024
36 Poultry Feed Mar-2025
37 Power Feb-2025
38 Real Estate Jun-2024
39 Refineries Dec-2024
40 Relief Mar-2025
41 Rice Nov-2024
42 Shipping Jun-2024
43 Spinning Oct-2024
44 Steel Sep-2024
45 Sugar Aug-2024
46 Technology Jun-2024
47 Telecommunication Jun-2024
48 Towels Sep-2024
49 Tracking Services Jan-2025
50 Transmission & Distribution | Electricity Mar-2025
51 Trucks & Buses Sep-2024
52 Tyres Oct-2024
53 Weaving Aug-2024