The Indian specialty chemicals sector may see revenue growth moderating this fiscal after two straight fiscals of strong double-digit growth, with volume shoring up revenue as realisations correct in line with prices of crude-linked key raw materials.
Growth in end-user segments will help sustain domestic demand, and exports will continue to ride on the China+1 strategy as well as newly emerging opportunities with slowing capacity expansion in Europe.
Given the stabilisation in raw material prices, operating profitability is expected to remain at the fiscal 2023 level, though below the pandemic years.
Will players continue with capital spends as global macroeconomic conditions and inflation remain key concerns? Will working capital management be a challenge?
To find answers to these questions and more, Crisil Ratings is hosting a webinar, Equations of stability, where our experts will share their views on:
Growth drivers and revenue outlook for various sub-segments of the specialty chemicals sector
Expectations and drivers of operating profitability
Capacity expansions and credit outlook
This will be followed by a panel discussion with industry experts and a Q&A session.
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.
