Emerging Credit Rating Limited (ECRL) has affirmed ST-2 as short term credit rating to Naheed Composite Textile Mills Limited. Although the company does not have any long term loan facility, ECRL has affirmed an equivalent long term entity rating of A+ (Pronounced as A Plus). The outlook of the rating is Stable. The rating is based on the audited financial statements from FY2018-FY2021, field visit with other relevant information.