Emerging Credit Rating Limited (ECRL) has affirmed BBB (Pronounced as triple B) long term credit rating and ST-3 short term credit rating to Khantex Composite Textiles Limited. The outlook of the rating is Stable. ECRL considered the projected financial performance of the project, prospects of the industry, status of the project, location of the project, supply chain, and management experience while assigning the rating. The rating is based on the project feasibility report and other quantitative and qualitative information up to the date of the rating.