India’s household spending will return to growth in 2021, expanding by as much as 6.6 per cent, as per Fitch Solutions. Consumer spending is estimated to have contracted by 12.6 per cent in 2020. In nominal terms, total household spending will only be 1.2 per cent higher at Rs.123 trillion in 2021 as compared to Rs.121.6 trillion in 2019. While Fitch Solutions remains skeptical on effectiveness of government support measures, it expects unemployment to continue to rise.
References | ||
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Unemployment Rate (30-DAY MVG. AVG.) Per cent |
|
7.9 | -3.6 |
Consumer Sentiments Index Base September-December 2015 |
|
53.2 | 0.0 |
Consumer Expectations Index Base September-December 2015 |
|
54.8 | 0.0 |
Current Economic Conditions Index Base September-December 2015 |
|
50.7 | 0.0 |
Updated on : 15 Jan 2021 12:00AM |
(Rs.trillion) | Mar 20 | Jun 20 | Sep 20 | Dec 20 |
---|---|---|---|---|
New projects | 3.80 | 0.83 | 1.05 | 0.86 |
Completed projects | 1.76 | 0.25 | 0.72 | 0.49 |
Stalled projects | 0.73 | 0.11 | 0.08 | 0.30 |
Revived projects | 0.42 | 0.68 | 0.36 | 0.08 |
Implementation stalled projects | 10.18 | 0.09 | 0.07 | 0.12 |
Updated on: 16 Jan 2021 8:28PM |
(% change) | Mar 20 | Jun 20 | Sep 20 | Dec 20 |
---|---|---|---|---|
All listed Companies | ||||
Income | -5.0 | -27.6 | -6.2 | 6.7 |
Expenses | -1.9 | -27.9 | -10.1 | 2.7 |
Net profit | -48.9 | -40.2 | 45.2 | 26.9 |
PAT margin (%) | 2.3 | 5.3 | 8.3 | 21.4 |
Count of Cos. | 4,355 | 4,347 | 4,310 | 64 |
Non-financial Companies | ||||
Income | -9.0 | -37.4 | -10.4 | 7.0 |
Expenses | -4.9 | -37.6 | -14.0 | 2.9 |
Net profit | -50.1 | -55.8 | 29.9 | 26.9 |
PAT margin (%) | 3.2 | 4.5 | 8.1 | 21.7 |
Net fixed assets | 13.3 | 5.9 | ||
Current assets | 3.6 | 0.8 | ||
Current liabilities | 6.2 | -2.8 | ||
Borrowings | 15.9 | 8.1 | ||
Reserves & surplus | 1.3 | 4.5 | ||
Count of Cos. | 3,239 | 3,235 | 3,213 | 44 |
Numbers are net of P&E | ||||
Updated on: 16 Jan 2021 8:28PM |
(% change) | FY18 | FY19 | FY20 |
---|---|---|---|
All Companies | |||
Income | 8.4 | 13.5 | 0.2 |
Expenses | 9.9 | 13.8 | 0.5 |
Net profit | -41.0 | 17.9 | -11.9 |
PAT margin (%) | 2.0 | 2.2 | 3.9 |
Assets | 10.9 | 9.5 | 9.2 |
Net worth | 7.4 | 8.6 | 4.8 |
RONW (%) | 3.4 | 4.0 | 5.7 |
Count of Cos. | 29,264 | 28,548 | 9,649 |
Non-financial Companies | |||
Income | 8.6 | 14.1 | -2.6 |
Expenses | 8.8 | 14.3 | -1.8 |
Net profit | -9.5 | 22.0 | -23.7 |
PAT margin (%) | 2.7 | 3.0 | 4.1 |
Net fixed assets | 7.2 | 5.4 | 13.0 |
Net worth | 6.1 | 8.3 | 2.1 |
RONW (%) | 5.6 | 6.7 | 7.2 |
Debt / Equity (times) | 1.0 | 1.0 | 0.8 |
Interest cover (times) | 2.1 | 2.3 | 2.6 |
Net working capital cycle (days) | 77 | 70 | 60 |
Count of Cos. | 23,680 | 23,061 | 7,171 |
Numbers are net of P&E | |||
Updated on: 14 Jan 2021 10:28AM |