Tag Archives: PACRA

PACRA Maintains Entity Ratings of Pioneer Cement Limited

Islamabad, May 07, 2018 (PPI-OT): The ratings reflect Pioneer Cement’s healthy business profile supplemented by strong EBITDA margins and improved revenue stream. Pioneer Cement’s sales are majorly driven by local market fundamental – a factor …

PACRA Maintains Entity Rating of Bestway Cement Limited

Islamabad, May 07, 2018 (PPI-OT): Bestway Cement’s ratings reflect its market leading position in industry emanating from strong market share (~18%). The company has history of successful mergers, further fortified by cost-efficient operational framework, robust …

PACRA Maintains Entity Ratings of Shabbir Feed Mills (Pvt.) Limited

Islamabad, May 07, 2018 (PPI-OT): Among the largest agro based segments in Pakistan, poultry holds a prominent place. In Pakistan, formal feed manufacturing started in early 1960. With 350 poultry feed mills and home mixtures, …

PACRA Maintains Entity Ratings of Gharibwal Cement Limited

Lahore, May 04, 2018 (PPI-OT): The ratings reflect Gharibwal Cement’s sustained business profile appended by good sector dynamics. The company focuses on geographies closer to the plant location; Gujranwala division remained company’s home market – …

PACRA Assigns Initial Entity Rating to D.G. Khan Cement Company Limited

Lahore, May 04, 2018 (PPI-OT): DG Khan Cement’s rating reflect company’s strong position in the cement industry emanating from its third highest market share in terms of capacity. The company’s two existing manufacturing units (Khairpur …

PACRA Revises IFS Rating of Pakistan General Insurance Company Limited

Lahore, April 11, 2018 (PPI-OT): PGI is braving with stressed times. The company, under the directive of SECP, halted underwriting operations. The management is striving to restore the operations. They have given a representation that …

PACRA Upgrades Entity Ratings of Engro Polymer and Chemicals Limited

Lahore, January 25, 2018 (PPI-OT):The ratings recognize Engro Polymer’s established foothold in the local PVC segment and leading position in caustic soda market. This emanates from efficient production process, sound technological infrastructure, and effective control …

PACRA Maintains IFS Rating of Jubilee General Insurance Company Limited

Lahore, January 22, 2018 (PPI-OT):The rating reflects Jubilee General’s robust risk management framework facilitating the company in sustaining sound underwriting performance. The rating recognizes the management’s persistent efforts of penetrating relatively untapped segments, also reflected …

PACRA Maintains Entity Ratings of Fazal Cloth Mills Limited

Lahore, January 22, 2018 (PPI-OT):Fazal cloth enjoys a strong business profile in otherwise volatile textile industry. This primarily emanates from its large size – yielding economies of scale – established relationships with a diverse customer …

PACRA Maintains Ratings of Fazal Weaving Mills Limited

Lahore, January 22, 2018 (PPI-OT):The ratings of Fazal Weaving primarily reflect irrevocable and unconditional guarantee on all obligations from financial institutions by Fazal Cloth Mills Limited (Fazal Cloth) – the parent. Fazal Cloth is rated …