FMCG Q4 Results Review - Volume Growth Muted; Competition Intensifies: Axis Securities

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Axis Securities Report.Topline growth remains muted: Most staple companies has delivered low to mid-single digit revenue growth as increased competitive intensity and anniversarization of price hikes has resulted in muted topline. On a positive front, most of the companies have highlighted early green shoots in the rural areas.Hopeful on demand recovery: Easing inflation, higher government spending, and higher MSP are expected to drive rural demand in the coming quarters. However, the increasing competitive intensity from smaller and regional players, especially as raw material prices ease off, needs to be closely monitored..Gross margin continues its recovery path; Ebitda margins in ‘Wait & Watch’: Gross margins across Staples companies are improving as key raw material prices such as crude, palm, and packaging materials remain stable. However, an increase in advertising spending to regain market share may slow down Ebitda margin expansion in the short term. However, this is expected to benefit in the longer run..Click on the attachment to read the full report:.Modi 3.0 – The Coalition Avtaar: Dolat Capital.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

FMCG Q4 Results Review - Volume Growth Muted; Competition Intensifies: Axis Securities

Gross margin continues its recovery path; Ebitda margins in ‘Wait & Watch’:

NDTV Profit

NDTV Profit

Follow Us

DOWNLOAD THE APP

FMCG Q4 Results Review - Volume Growth Muted; Competition Intensifies: Axis Securities

Gross margin continues its recovery path; Ebitda margins in ‘Wait & Watch’:

Choose a plan

Follow Us

DOWNLOAD THE APP