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Communicating our achievements and activities regularly to keep you up to date

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18 June 2020

XS CAD Rated ‘CRISIL MSE 1’ for the 4th Consecutive Year!

We did it again!

XS CAD has been accredited the ‘MSE 1’ rating by CRISIL, an S&P Global Inc.-owned company, for the fourth year running. This is the highest credit worthiness in relation to other MSEs (micro and small enterprises).

XS CAD scored highest on financial strength (FS) and operating performance (OP), according to CRISIL. The accreditation is an endorsement of the reliability of XS CAD’s worldwide services. The factors that helped decide our rating were:

  • Stability of the organisation
  • Management expertise
  • Organisational structure
  • Extent of the marketing network
  • Health of the business model
  • Operational efficiency
  • Profitability
  • Liquidity position
  • Credit protection methods
  • Financial flexibility

XS CAD’s functioning processes were analysed in detail by CRISIL, which has helped us carefully review, strengthen and improve our performance and operations.

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