Pakistan Credit Rating Agency Limited upgraded Martin Dow Limited’s Credit Rating Upgraded to A+ / A1 with Stable Outlook.
Martin Dow Limited (MDL) has been assigned an upgraded credit rating of A+ (Long Term) and A1 (Short Term) with a Stable Outlook by The Pakistan Credit Rating Agency Limited (PACRA). The company has a strong presence in the country. Previously, Martin Dow has driven Digital Transformation in Pakistan’s Pharma with SAP Innovation.
The upgrade reflects MDL’s strengthened financial profile, robust governance framework, and consistent ability to meet its business and financial obligations. It also highlights the company’s resilience in navigating industry challenges while sustaining growth and stability.
Commenting on the development, Mr. Abdul Samad Haroon, Group Chief Financial Officer, said: “This rating upgrade reaffirms the high standards we uphold across our business and strengthens our resolve to pursue responsible growth, delivering healthcare solutions that enhance the well-being of people in Pakistan and beyond.”
Looking ahead, MDL remains committed to expanding its product portfolio through new launches, while actively pursuing opportunities in export markets. These efforts will further strengthen the company’s growth prospects and reinforce its contribution to advancing healthcare in Pakistan and beyond.
