Demand for gold jewellery has bounced back this fiscal after being impacted by Covid-19 and other external factors in the last two fiscals.
The buoyancy is despite high prices of gold.
Indeed, improving discretionary spending and demand from weddings coupled with higher realisations are likely to drive growth in revenue of jewellery retailers, especially in the organised segment.
Given high gold prices, what is the impact likely on operating margins of jewellery retailers? How will they manage inventory and related costs, and will it impact their credit risk profiles?
To discuss these aspects, CRISIL Ratings is hosting a webinar on December 22, 2021, which will cover, among other aspects:
Revenue and profitability outlook of gold jewellery retailers
Capital spending and new store expansions
Credit quality outlook of jewellery retailers rated by CRISIL Ratings
The presentation will be followed by a panel discussion with industry leaders and a 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.
