Indian Textiles Sector Check - FY25 Holds Better Prospects: Systematix

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Systematix Research Report.We attended a panel discussion organised by Crisil, titled, 'Upstream textiles sector: Threads of promise'. The dialogue delved into the outlook for cotton yarn and polyester yarn segments of the upstream textiles industry. Presented are key excerpts that focus on the trends in profitability, export/import, and credit outlook for FY25 by Crisil, which expects-moderate revenue growth of 4-6% YoY for the cotton yarn segment, as it anticipates downstream demand to improve, stable yarn prices and better cotton availability; the polyester yarn segment to post 2-4% YoY growth on export slowdown, partly offset by introduction of quality control order, intended to curtail the dumping of cheap polyester yarn into India, and thus benefit Indian polyester yarn players,profitability to improve to 10- 10.5%/6.5-7.5% in cotton/polyester yarn, respectively, on lower raw material prices, enhancing spreads in both segments,Moderate capex expected in FY25 in cotton yarn industry after major halt in FY24 and for polyester yarn no major capex is planned as the industry looks to ramp up existing capacities,credit outlook to remain stable across both segments. .Key risks:adverse movements between domestic and international cotton prices could impact the revenue and margins of cotton yarn players, volatility in crude oil and raw material prices in addition to changes in government regulations could adversely impact polyester yarn imports,increase in dumping of cheap polyester fabric in Indian markets..Click on the attachment to read the full report:.Divi's Labs - Value Play Among API Exports Players; DRChoksey Initiates Coverage With 'Accumulate'.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Indian Textiles Sector Check - FY25 Holds Better Prospects: Systematix

Moderate capex expected in FY25 in cotton yarn industry after major halt in FY24 and for polyester yarn no major capex is planned as the industry looks to ramp up existing capacities

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Indian Textiles Sector Check - FY25 Holds Better Prospects: Systematix

Moderate capex expected in FY25 in cotton yarn industry after major halt in FY24 and for polyester yarn no major capex is planned as the industry looks to ramp up existing capacities

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