Indian dairy sector, after grappling with supply challenges last fiscal, is slated for better year. Milk availability is expected to be healthy this fiscal driven by good monsoon prospects and consequent decline in fodder cost. That will also lead to higher inventory levels.
Furthermore, demand is likely to remain robust for value added products, given a hotter summer expected and changing consumer behaviour. Milk demand is likely to remain steady. The upshot will be strong volume growth this fiscal.
In the milieu, how will milk procurement cost pan out? What will be the impact on industry profitability? Will dairy companies continue to undertake capital expenditure (capex)? How will this impact their balance sheets?
For answers, CRISIL invites you to a webinar on May 28, 2024, where our experts will discuss:
Demand-supply dynamics for organised dairies
Milk price trend and impact on profitability of organised dairies
Working capital cycles of dairy players
Capex plans and their impact on leverage
Credit outlook for the sector
This will be followed by a panel discussion and Q&A.
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
