IIP rises by 4.3% in August 2017

Manufacturing growth touches 5-month high

by Manasi Swamy

The index of industrial production (IIP) grew by 4.3 per cent in August 2017. This is its highest monthly growth in the current fiscal. The mining sector grew by 9.4 per cent, followed by an 8.3 per cent increase in electricity generation. Output of the manufacturing sector too increased by 3.1 per cent.

The use-based break-up of the industry shows a 7.1 per cent growth in output of primary articles and a 5.4 per cent growth in capital goods. The growth, however, came on a weak base. Production of consumer non-durables grew by 6.9 per cent, while consumer durables reported a muted 1.6 per cent growth. Infrastructure goods grew by 2.5 per cent, but intermediates suffered a fall of 0.2 per cent.

Cumulative industrial production during April-August 2017 grew by 2.2 per cent, slower than the 5.9 per cent growth recorded a year-ago.

IIP growth (Y-o-Y % change)
  Aug 17 Apr-Aug 17
IIP 4.3 2.2
 Mining 9.4 3.3
 Manufacturing 3.1 1.6
 Electricity 8.3 6.2

References
1. http://www.mospi.gov.in/sites/default/files/press_release/iip_PR_12oct17.pdf
CMIE STATISTICS
Unemployment Rate
Per cent
4.6 0.0
Consumer Sentiments Index
Base September-December 2015
95.8 0.0
Consumer Expectations Index
Base September-December 2015
95.1 +0.3
Current Economic Conditions Index
Base September-December 2015
96.8 -0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Dec 16 Mar 17 Jun 17 Sep 17
New projects 2.33 3.82 2.07 1.04
Completed projects 1.01 1.94 1.16 1.00
Stalled projects 1.13 0.73 2.67 0.67
Revived projects 0.18 0.67 0.30 0.29
Implementation stalled projects 0.83 0.33 0.68 0.62
Updated on: 12 Dec 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Dec 16 Mar 17 Jun 17 Sep 17
All listed Companies
 Income 6.2 10.2 9.8 8.4
 Expenses 6.3 11.9 10.0 9.7
 Net profit 40.2 16.0 -19.6 -17.8
 PAT margin (%) 6.0 6.0 5.3 5.8
 Count of Cos. 4,509 4,444 4,320 3,392
Non-financial Companies
 Income 5.9 11.8 10.4 8.4
 Expenses 7.2 15.6 10.6 8.3
 Net profit 24.5 -2.3 -25.0 -5.1
 PAT margin (%) 6.2 6.2 5.2 6.6
 Net fixed assets 6.9 9.5
 Current assets 2.6 2.4
 Current liabilities 8.8 10.4
 Borrowings 4.8 3.3
 Reserves & surplus 6.3 8.0
 Count of Cos. 3,484 3,440 3,353 2,554
Numbers are net of P&E
Updated on: 12 Dec 2017 8:21PM
Annual Financials of All Companies
(% change) FY14 FY15 FY16 FY17
All Companies
 Income 10.0 5.2 1.1 6.7
 Expenses 9.9 5.2 1.2 6.9
 Net profit -2.3 1.4 -13.1 20.6
 PAT margin (%) 3.2 3.2 2.9 6.4
 Assets 12.3 9.4 9.7 8.6
 Net worth 9.6 8.7 10.6 7.9
 RONW (%) 6.2 6.1 5.1 9.2
 Count of Cos. 24,045 23,818 20,791 4,756
Non-financial Companies
 Income 9.7 4.3 0.1 6.7
 Expenses 9.3 4.5 -0.6 7.5
 Net profit -2.7 -5.8 11.6 14.6
 PAT margin (%) 2.2 2.1 2.6 6.3
 Net fixed assets 11.6 13.3 15.5 7.3
 Net worth 8.1 7.1 11.0 6.3
 RONW (%) 5.1 4.9 5.4 10.3
 Debt / Equity (times) 1.1 1.1 1.1 0.7
 Interest cover (times) 2.0 1.9 2.0 3.4
 Net working capital cycle (days) 69 67 66 49
 Count of Cos. 19,288 19,270 17,281 3,624
Numbers are net of P&E
Updated on: 04 Dec 2017 11:59AM

Data added for HPI at Assessment prices and HPI at Market prices