MRSS receives highest possible rating from SMERA

SMERA Ratings Ltd. has assigned SE1 A rating to Majestic Research Services & Solutions Ltd (MRSS India Ltd.), a leading digital market research agency on parameters of highest performance capability and high financial strength. The rating is supported by various aspects:

·        Management with several decades of domain expertise

·        Company is listed on BSE India

·        Reputed client base

·        Significant increase in revenue during the period under study

·        Adequate profit margins during the period under study

·        Interest coverage ratio stands at 13.43 times for FY 2015.

Commenting on the rating assigned, Mr. Raj Sharma -Chairman, MRSS INDIA Ltd. said, “This SMERA rating is based on (a) financial strength and (b) performance capability which is a very good indicator for assessing any organization’s value.  This surely validates stakeholder expectations in MRSS but also motivates us to continuously improve on all parameters.”