The report notes that after a subdued performance last year, the soft drink industry is likely to return to its long-term growth trend of around 15% this fiscal.
The report projects that operating margins for cement companies will fall by 150–200 basis points year-on-year to 16–18 per cent, reversing last year’s expansion of 260–280 basis points.
“The ongoing war could disrupt the fertiliser supply-chain at a crucial time for the forthcoming kharif season,” said Anand Kulkarni, a director with Crisil Ratings.
The war has also increased air/sea freight costs and insurance premium for export/import-based sectors, which could impact the profitability of those with significant trade exposure globally.
While the credit profiles of established metro airports are expected to remain stable over the medium term, those of non-metro dual-airport systems warrant closer monitoring given traffic volatility a ...
Companies are increasingly relying on higher trade incentives, promotional rebates and discounts to defend market share, a strategy that is weighing on realisations.
