Page 2 - Crisil Sme Tracker

OEMs to drive 16-18% rise in auto-parts MSME revenues: CRISIL SME Tracker

MSMEs in the automotive components sector should see higher growth as well, but will lag average industry revenue growth owing to lack of vertical integration.

ITeS sector's growth prospects in FY23 augur well for SMEs: CRISIL

In FY22 the ITeS sector's revenue logged 13-15% growth to about Rs 3.1 tn, riding on volume recovery across the three key segments - customer relationship management (CRM), knowledge, and transactions

Twin headwinds lash SMEs in gems and jewellery sector: Crisil SME Tracker

The rise in the prices of gold will also curb demand, though it will support the revenues of SMEs

SME EPC road contractors face shrinking margins as input costs spike

However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs

Revenue outlook bright for electronics SMEs: Crisil SME Tracker

Consumption of electronics in the domestic market is estimated to grow 15-20 per cent to Rs 11-12 trillion, compared with 18-22 per cent growth last fiscal

Textile sector's growth to continue next fiscal as well: CRISIL SME Tracker

Margins will continue in the 10-12 per cent range in FY23 as well

Security services industry on slow comeback course: CRISIL SME Tracker

As a result, despite a projected 10-15 per cent growth this fiscal, the industry is expected to fall back to the FY18 level owing to negative growth of 30 per cent last fiscal

Domestic demand to drive pharma SMEs' growth in FY22: Crisil SME Tracker

March-May 2021 was a particularly good period for Indian formulators due to exceptional demand for drugs amid the second wave of Covid-19 infections.

Recovery in regular treatments to boost SME hospitals in FY22: CRISIL

Small and medium enterprises (SMEs), which account for 60-65 per cent of the health care delivery market, stand to benefit

Revenues of auto-parts SMEs set to grow 10-14% in FY22: Crisil SME Tracker

The increasing desire for personal mobility is driving passenger vehicle and two-wheeler sales growth.

Steel industry to rebound strongly but MSMEs may trail: CRISIL SME Tracker

MSMEs, which account for 90-95 per cent of re-rollers, were hit harder by the pandemic

Gems and jewellery units to miss the sparkle again: Crisil SME Tracker

The first quarter bore the impact of lockdowns imposed by states to contain the second wave of infections

Infrastructure push will prop up EPC road contractors: CRISIL SME Tracker

As things stand, SMEs account for 35-45 per cent of the roads and highways sector overall

Units in chemicals sector set for rebound in revenue: CRISIL SME Tracker

Growth mainly on account of recovery in domestic demand and higher realisation due to a rise in the prices of chemicals

Transition to non-voice to boost ITeS players' margins: Crisil SME Tracker

SMEs have been gradually adopting robotic process automation technologies such as chatbots, to transition from pure voice services to non-voice-based ones

Fuelled by exports, leather units to turn the corner: CRISIL SME Tracker

Leather exports plummeted in the first quarter, following lockdowns and restrictions in importing nations.

Restricted launches will hurt EPC real estate players: CRISIL SME Tracker

Competition from large players, exposure to business cycles, and high working-capital intensity are key risks in the EPC segment

After initial hit, health-care units likely to recover: CRISIL SME Tracker

With the working capital cycle stretched, financially weaker hospitals may have to resort to short-term loans to stay afloat.

Steel traders, re-rollers face weak domestic demand: CRISIL SME Tracker

A moderate demand revival is expected in the second half of this fiscal, led by improving auto sales and pick-up in construction activity.

Auto-component units face 14-16% fall in revenue: CRISIL SME Tracker

Small and medium enterprises (SMEs), which make up a third of the sector, have been badly hit.