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Home - Press Releases - XS CAD Rated ‘CRISIL SME 1’ for the 6th Consecutive Year!

Press Releases

XS CAD’s global services
4 July 2022

XS CAD Rated ‘CRISIL SME 1’ for the 6th Consecutive Year!

We did it yet again!

XS CAD has been accredited the ‘SME 1‘ rating by CRISIL, an S&P Global Inc.-owned company, for the sixth consecutive year. Receiving the highest credit worthiness in relation to other SMEs (small and medium-sized enterprises) is becoming a habit.

According to CRISIL, XS CAD scored highest on financial strength (FS) and operating performance (OP), endorsing the reliability of XS CAD’s global services. Factors that contributed to our achievement 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

Detailed analysis by CRISIL helped us carefully review, strengthen and improve our performance and operations.

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