SBI projects near 10% GDP growth for FY22

India’s real GDP growth is expected to be higher than the Reserve Bank of India (RBI)’s GDP growth estimate of 9.5 per cent for 2021-22, assuming the RBI growth numbers for third and fourth quarter of the current fiscal to be sacrosanct, according to State Bank of India (SBI)’s research report Ecowrap. The real GDP growth may be near to 10 per cent, it added. The report further stated that the economy is still operating at 95.6 per cent of the pre-pandemic level, with trade, hotels, transport, communication & services related to broadcasting still at 80 per cent. SBI economists opined that it would take one more quarter to recoup the losses.

References
1. https://www.business-standard.com/article/economy-policy/india-s-gdp-likely-to-grow-more-than-9-5-in-fy22-sbi-research-report-121120100547_1.html
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
7.0 -0.8
Consumer Sentiments Index
Base September-December 2015
59.2 +0.3
Consumer Expectations Index
Base September-December 2015
60.6 +0.5
Current Economic Conditions Index
Base September-December 2015
57.0 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Mar 21 Jun 21 Sep 21 Dec 21
New projects 2.36 2.74 2.25 2.51
Completed projects 1.17 0.74 1.18 1.52
Stalled projects 0.28 0.33 0.03 0.03
Revived projects 0.23 0.12 0.28 0.39
Implementation stalled projects 0.34 0.38 0.25 0.66
Updated on: 18 Jan 2022 8:28PM
Quarterly Financials of Listed Companies
(% change) Mar 21 Jun 21 Sep 21 Dec 21
All listed Companies
 Income 15.1 39.2 27.9 15.7
 Expenses 7.4 38.6 27.3 17.2
 Net profit 337.8 142.5 52.6 9.3
 PAT margin (%) 8.8 9.0 9.6 19.5
 Count of Cos. 4,401 4,495 4,545 122
Non-financial Companies
 Income 17.8 56.1 36.1 18.0
 Expenses 10.7 57.1 36.6 21.6
 Net profit 222.4 199.3 59.5 3.5
 PAT margin (%) 9.0 8.5 8.8 18.2
 Net fixed assets 2.3 4.9
 Current assets 4.3 11.0
 Current liabilities 1.2 0.9
 Borrowings -4.5 12.2
 Reserves & surplus 11.7 12.4
 Count of Cos. 3,247 3,301 3,304 89
Numbers are net of P&E
Updated on: 18 Jan 2022 8:28PM
Annual Financials of All Companies
(% change) FY19 FY20 FY21
All Companies
 Income 13.4 0.6 -1.5
 Expenses 13.8 0.4 -4.1
 Net profit 12.7 -6.9 62.0
 PAT margin (%) 2.0 2.1 5.7
 Assets 9.9 8.8 10.7
 Net worth 8.2 4.5 13.3
 RONW (%) 3.6 3.5 8.2
 Count of Cos. 32,530 31,471 11,634
Non-financial Companies
 Income 14.2 -1.2 -3.0
 Expenses 14.3 -0.9 -5.3
 Net profit 22.1 -21.1 49.3
 PAT margin (%) 2.8 2.3 5.3
 Net fixed assets 6.0 11.2 1.5
 Net worth 7.8 2.2 11.0
 RONW (%) 6.3 4.9 9.1
 Debt / Equity (times) 1.0 1.1 0.8
 Interest cover (times) 2.2 1.9 2.8
 Net working capital cycle (days) 74 81 80
 Count of Cos. 25,943 25,015 8,657
Numbers are net of P&E
Updated on: 18 Jan 2022 2:48PM