NSIC & CRISIL Honours Smith & Schnider’s Financial Strength & Performance

India’s leading Housekeeping and Facility management company, Smith & Schnider demonstrates its high operational performance and above average creditworthiness as compared to other Indian MSE by achieving NSIC- CRISIL Rating of “MSE 4”

DELHI, India, 2018-Feb-09 — /EPR Network/ —Smith and Schnider Facility Management Company is proud to announce the achievement of MSE 4 certification from NSIC-CRISIL for accomplishing high-performance capability & above average creditworthiness as compared to other Indian MSE.

The global rating and research organization CRISIL and Government of India’s eminent public sector unit NSIC (National Small Industries Corporation) evaluates the degree of capability and stability of the finances generated by the business. While many factors feed into this rating, Smith & Schnider’s strong capability to generate stable finances is one of the important factors that helped the business to achieve the high CRISIL & NSIC rating.

Smith and Schnider Facility Management is India’s leading housekeeping and facility maintenance company that offers world-class cleaning services, highly trained & groomed housekeeping staff to corporates and business establishments. The company serves some of the leading corporates, business parks, hotels, schools across northern India

CRISIL is India’s first and largest rating agency for large companies and started into rating work as early as 1987. CRISIL is a global analytical company providing ratings, research, risks, and policy advisory services. They are pioneers in the concept of credit rating in India and have rated over 50,000 entities, by far the largest number in India.

The facility management service industry in India has witnessed a steady growth in last one decade and the sector is expected to witness steady growth during the next four years due to the expected renewal of the real estate and property management market. Rating and certification defined by an organization like CRISIL help in mapping further stability and growth potential of SMEs in India.

In the competitive facility management and housekeeping service industry, Smith and Schnider have strictly upheld and believed that performance capability, financial strength along with customer satisfaction are top priorities.

Smith and Schnider Facility Management is now in the process of further refining their initiatives and is making steady progress towards its next performance & financial improvement goals.

Acknowledging the recognition, Vishal BatraDirector, Smith & Schnider Facility Management & Housekeeping Company, says “The industry standard recognition through NSIC-CRISIL’s is the indicator of Smith and Schnider’s robust financial profile, world-class service delivery and its strong association with its clients. The MSE 4 rating has given our customers one more reason to celebrate for their association with Smith and Schnider.”

 

About Smith and Schnider Facility Management:

Smith and Schnider Facility Management Company is one of northern India’s biggest housekeeping and facility Management Company. The company offers highly trained, groomed and well-behaved cleaning and housekeeping staff and services to some of the leading commercial building, offices, business units, private schools, hospitals, residential complexes, Government offices etc.

Website: smithandschnider.in, Facebook- https://www.facebook.com/smithandschnider/
Blog- http://www.tfts.co.in/blog and smithschnider.wordpress.com

About CRISIL: CRISIL is India’s first and largest rating agency having begun in ratings for large companies as early as 1987. CRISIL is a global analytical company providing ratings, research, risks, and policy advisory services. They are pioneers in the concept of credit rating in India and have rated over 50,000 entities, by far the largest number in India. The Indian Software industry displayed very high growth rates over the past decade. Rating and certification defined by organization like CRISIL help in mapping stability and growth potential of SME’s in India. Entities with high ratings usually have a strong organisational structure, high performance capability and good financial strength.

About NSICNational Small Industries Corporation (NSIC), is an ISO 9001-2008 certified Government of India Enterprise under Ministry of Micro, Small and Medium Enterprises (MSME).  NSIC has been working to promote, aid and foster the growth of micro, small and medium enterprises in the country. NSIC’s mission is to promote and support Micro, Small and Medium Enterprises (MSMEs) Sector by providing integrated support services encompassing Marketing, Finance, Technology and other Services.

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