Emerging Credit Rating Limited (ECRL) has affirmed AAA (Pronounced as Triple A) long term credit rating and ST-1 short term credit rating to Quality Feeds Limited. The outlook on the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. Quality Feeds Limited specializes in the production of diverse feeds for the fish and poultry industry in Bangladesh. The company’s primary focus includes manufacturing fish, shrimp, poultry, cattle, and aquarium feeds, among others. ECRL considered financial performance, scale of business, management experience and prospect of the industry while assigning the rating. The rating is based on audited financial statement of FY2022-FY2025 as well as other quantitative and qualitative factors. The rating is valid from January 01, 2026 to December 31, 2026. The ratings may be changed or revised prior to expiry, if warranted by extraordinary circumstances in the management, operations and/or performance of the entity rated.