The Indian FMCG sector is poised for a gradual recovery, although the immediate impact of GST rationalization may keep volume growth modest in the short term. Market expert Abneesh Roy from Nuvama Institutional Equities shared his insights on how the recent policy changes and festive demand are expected to shape the industry. Roy said, “We … Read more
“Also, the marriage season is going to be better and that will help a lot of the discretionary demand in terms of gifting, in terms of paints, etc. So, we do see that volume growth for most companies in H2 should be better, plus pricing growth of 2% to 3% will gradually come back,” says … Read more
“For and the numbers were quite challenging. So clearly in their case, the competitive intensity and the raw material pressure and slightly the rural demand is also challenging for Colgate,” says Abneesh Roy, Nuvama Group.First up, your read through of the earnings so far, United Spirits, Colgate, specifically weaker side.Yes this quarter if you see … Read more
“FMCG companies are extremely agile and they will also enjoy higher profit growth, higher EBITDA margins. Also they will not at all pass on the full benefit to the customer because last two years they have gone through this pain also,” says Abneesh Roy, Nuvama Group. When you look at the kind of numbers posted … Read more