Recognition Update: Dun & Bradstreet
- The company has been featured as one of the "Leading SMEs of India" in Dun & Bradstreet's report titled 'Business Enterprises of Tomorrow 2026'.
- This certification provides independent validation of the company's status.
- The recognition is expected to provide greater visibility to the company before businesses that rely on D&B information.
- It is stated to enhance customer credibility and provide added assurance for the enterprises the company serves.
Credit Rating Update: SMERA
- SME Rating Agency of India (SMERA) has reaffirmed the company's credit rating at "SMERA SME-1".
- This is described as the "highest credit worthiness in relation to other SMEs" on SMERA's rating scale.
- The rating is valid until 28 September 2027.
- SMERA is noted as being conceptualized by the Ministry of Finance and the Reserve Bank of India.
Key Rating Drivers (as per SMERA)
1. Management: Directors with almost two decades of experience in the same line of business, backed by professional management.
2. Business: A ten-year track record in IT services, with customers across India, Europe, and the US.
3. Financial Profile: A virtually debt-free balance sheet and disciplined working capital management.
4. Growth Outlook: Sustained growth driven by international expansion, especially rising order flows from Europe.
The company thanked its shareholders for their continued trust and support in the communication.
Disclaimer: This communication is for information purposes only and does not constitute an offer or solicitation to buy or sell securities. The SMERA rating is an independent opinion. Dun & Bradstreet, Leading SMEs of India and SMERA are the property of their respective owners.