Tag: crisil ratings
Hosiery sector revenue to grow 10-12% in FY24
The projected growth in volume is expected to compensate for a 1-2 per cent decline in average sales realisation due to reduced selling prices aimed ... Read More
Organised apparel retailers to see 8-20% revenue growth in FY25
The addition of retail space is projected to be lower year-on-year, at 2.2 million square feet compared to 3.6 million square feet in the previous ... Read More
Policy countermeasures offer respite to poly yarn makers this fiscal
Recovery in profitability amid curbs on cheaper imports and modest capex support credit profiles. After two years of subdued performance, India’s polyester yarn manufacturers will ... Read More
Margins for cotton yarn spinners to expand 150- 200 bps this fiscal
Stable cotton prices due to better availability of cotton during cotton season 2024 and improved cotton yarn spreads this fiscal will support improvement in margins. ... Read More
Garment players to see 8-10% revenue boost in FY24
This surge in demand and exports is attributed to reduced cotton prices and improvements in supply-chain disruptions, as per a report by Crisil Ratings. Readymade ... Read More
Crisil forecasts 10-12% revenue growth in viscose staple yarn industry
Strong balance sheets and improved cash flows will support the credit risk profiles of manufacturers, despite substantial debt-funded capital expenditure (capex). Revenue of the Indian ... Read More
Crisil anticipates margin to unspool 800-900 bps for cotton yarn spinners
High raw-cotton prices, lower exports and utilisation reasons; credit outlook stable A troika of headwinds —elevated domestic cotton prices, lower exports and capacity utilisation — ... Read More