Emerging Credit Rating Limited (ECRL) has affirmed ST-3 short term credit rating to Billah Resources Limited. Although the company does not have any long term bank investment, Emerging Credit Rating Limited (ECRL) has also affirmed an equivalent long term rating of BBB+ (Pronounced as Triple B plus). The outlook of the rating is Stable. The rating is based on the audited financial statements of FY2020-FY2023 and other relevant qualitative information up to the date of rating.