India's agrochemicals industry is set for moderate revenue growth this fiscal, driven by steady domestic demand and above-average monsoon amid sluggish exports.
Last fiscal, exports faced demand and pricing headwinds due to competition from Chinese supplies. While demand is gradually picking up this fiscal after destocking efforts globally, pricing pressure continues.
After a sharp decline last fiscal due to low realisations, operating profitability is expected to improve in the current fiscal due to stable raw material costs and the benefit of operating leverage.
Will capital investments in the sector rise? How are the credit profiles of agrochemicals manufacturers expected to fare?
For answers, and to discuss other aspects, Crisil Ratings will be hosting a webinar on November 26, 2024, titled 'Awaiting a turnaround', where our experts will analyse:
Demand outlook for agrochemicals
Operating profitability and capital expenditure trends
Credit outlook for the sector
This will be followed by a panel discussion with sector leaders 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.
