The fast-moving consumer goods (FMCG) sector witnessed healthy price-led growth last fiscal, even as volume growth started to weaken after a modest run in fiscal 2021.
This fiscal, inflation threatens to exacerbate volume pressure. Moreover, the rural segment, which forms an important demand driver for the sector, continues to face multiple headwinds.
Elevated agri-based raw material prices are expected to impact operating profitability of players this fiscal, despite price hikes across product segments.
That said, strong balance sheets should help CRISIL Ratings rated players sustain their credit profiles.
To get a better hold on the sector's prospects, CRISIL Ratings is hosting a webinar titled 'Beating inflation: Food for thought' on November 11, 2022, at 3:00 pm.
At the event, the CRISIL Ratings' analysts will present:
Growth prospects for the FMCG sector
Segment-wise growth expectations
Impact of rising input costs on operating profitability
Outlook on credit quality of rated FMCG players
The presentation will be followed by a panel discussion with sector experts and a Q&A session.
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.
