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 Managers Jun-2023
2 Automotive Parts Oct-2023
3 Batteries Dec-2023
4 Brokerage & Securities Jan-2024
5 Cement Apr-2024
6 Chemical Jul-2023
7 Coal Mining and Trading Jul-2023
8 Commercial Banks Jun-2024
9 Composite and Garments Dec-2023
10 Construction Apr-2024
11 Credit Guarantee Institutions Jun-2023
12 DFIs Jun-2023
13 Distribution | Electricity Feb-2024
14 Distribution | Gas Jul-2023
15 Edible Oil Feb-2024
16 Education Jul-2023
17 Fertilizer Jan-2024
18 Food Products Dec-2023
19 Furniture & Fixtures Feb-2024
20 General Insurance Jun-2023
21 Glass Dec-2023
22 Healthcare Dec-2023
23 Holding Company Aug-2023
24 Hotel & Lodging Jun-2024
25 Household Appliances Mar-2024
26 Industrial Gases Nov-2023
27 Jute Oct-2023
28 Leather Apr-2024
29 Life Insurance Jun-2023
30 Machinery Dec-2023
31 Media Mar-2024
32 Metals Dec-2023
33 Microfinance Sep-2023
34 Mobile Phone and Allied Products Dec-2023
35 Mutual Funds Feb-2024
36 Non-Banking Finance Companies Apr-2024
37 Oil Transportation & Storage Oct-2023
38 Paper and Packaging Nov-2023
39 Passenger Cars May-2024
40 Pesticides Feb-2024
41 Pharmaceuticals May-2024
42 POL Distribution - OMCs & Dealers Nov-2023
43 Polyester Feb-2024
44 Poultry Sep-2023
45 Poultry Feed Jan-2024
46 Power Jan-2024
47 Real Estate Jun-2024
48 Refineries Nov-2023
49 Relief Feb-2024
50 Rice Oct-2023
51 Shipping Jun-2023
52 Spinning Sep-2023
53 Steel Sep-2023
54 Sugar Aug-2023
55 Technology Jun-2024
56 Telecommunication Jun-2024
57 Towel Sep-2023
58 Tracking Services Dec-2023
59 Trucks & Buses Dec-2023
60 Tyres Oct-2023
61 Weaving Aug-2023

Financial Institutions

Sr. No. Title Date
1 Asset Managers Jun-2023
2 Brokerage & Securities Jan-2024
3 Commercial Banks Jun-2024
4 Credit Guarantee Institutions Jun-2023
5 DFIs Jun-2023
6 General Insurance Jun-2023
7 Life Insurance Jun-2023
8 Microfinance Sep-2023
9 Mutual Funds Feb-2024
10 Non-Banking Finance Companies Apr-2024

Corporates

Sr. No. Title Date
1 Automotive Parts Oct-2023
2 Batteries Dec-2023
3 Cement Apr-2024
4 Chemical Jul-2023
5 Coal Mining and Trading Jul-2023
6 Composite and Garments Dec-2023
7 Construction Apr-2024
8 Distribution | Electricity Feb-2024
9 Distribution | Gas Jul-2023
10 Edible Oil Feb-2024
11 Education Jul-2023
12 Fertilizer Jan-2024
13 Food Products Dec-2023
14 Furniture & Fixtures Feb-2024
15 Glass Dec-2023
16 Healthcare Dec-2023
17 Holding Company Aug-2023
18 Hotel & Lodging Jun-2024
19 Household Appliances Mar-2024
20 Industrial Gases Nov-2023
21 Jute Oct-2023
22 Leather Apr-2024
23 Machinery Dec-2023
24 Media Mar-2024
25 Metals Dec-2023
26 Mobile Phone and Allied Products Dec-2023
27 Oil Transportation & Storage Oct-2023
28 Paper and Packaging Nov-2023
29 Passenger Cars May-2024
30 Pesticides Feb-2024
31 Pharmaceuticals May-2024
32 POL Distribution - OMCs & Dealers Nov-2023
33 Polyester Feb-2024
34 Poultry Sep-2023
35 Poultry Feed Jan-2024
36 Power Jan-2024
37 Real Estate Jun-2024
38 Refineries Nov-2023
39 Relief Feb-2024
40 Rice Oct-2023
41 Shipping Jun-2023
42 Spinning Sep-2023
43 Steel Sep-2023
44 Sugar Aug-2023
45 Technology Jun-2024
46 Telecommunication Jun-2024
47 Towel Sep-2023
48 Tracking Services Dec-2023
49 Trucks & Buses Dec-2023
50 Tyres Oct-2023
51 Weaving Aug-2023