Tag: crisil ratings

Margins for cotton yarn spinners to expand 150- 200 bps this fiscal

admin- April 18, 2024

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

admin- September 30, 2023

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

admin- August 1, 2023

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

admin- December 14, 2022

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

Apparel retailers to stitch 21-23% revenue growth this fiscal

admin- August 23, 2022

Operating margin to expand, but inflation to limit it below pre-pandemic levels A combination of strong same-store sales, new store launches and higher contribution from ... Read More

Indian home textiles industry’s unstoppable boom

admin- May 24, 2022

The need for home textiles has increased as the world has begun to adopt hygienic measures post-Covid. This, according to Divya Shetty, presents a big ... Read More

Exports have gained momentum in FY22

admin- September 1, 2021

The US ban on cotton from Xinjiang has led China to import more cotton from other countries such as Vietnam and India. As a result, ... Read More