Matrix Comsec, a manufacturer and provider of telecom and security solutions, has been awarded the 2019 Dun & Bradstreet Business Excellence Award in the mid-corporate segment for excellence in the electrical and electronic goods category. 

SME Business Excellence Awards 2019 is a joint initiative by Dun & Bradstreet and RBL Bank for recognizing and felicitating the leading SMEs and mid-corporates in India. The awards were presented on Nov. 20 at Hyatt Regency, New Delhi.

“Matrix is focused on designing and manufacturing world class, cutting-edge security and telecom solutions for modern organizations,” said Matrix CEO Ganesh Jivani. “Matrix offers these solutions in more than 50 countries. With 250+ R&D engineers and world class infrastructure and equipment, Matrix is committed to R&D and cutting-edge products. This award is a validation of Matrix's world class innovation and design capabilities. I thank all our customers and channel partners for their trust in Matrix and congratulate the entire Matrix team for this outstanding achievement. This recognition would encourage us to work harder towards building future technologies and products.”

The parameters considered for the awards were total income, net profit, net worth, net profit margins, growth in total income, growth in net profit, return on net worth and return on assets, among others. Front-runners in various categories were chosen on the basis of a composite score of the weighted parameters.