IDBI Capital: FMCG Sector - Anti-Fragility To Rescue Under-Performance
A cutomer walks through a food aisle at a Big Bazaar hypermarket. (Photographer: Dhiraj Singh/Bloomberg)

IDBI Capital: FMCG Sector - Anti-Fragility To Rescue Under-Performance

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

IDBI Capital Report

Covid-19 has made mankind realize its fragility-quotient in this universe.

On similar note, we get to know the fragility-quotient of companies in fast moving consumer good space as well.

The famous quote; ‘One should never cross a river four feet deep on an average’ should always be remembered to protect risk of wealth-destruction.

In this report we attempt to dissect anti-fragile companies which, in our view, will continue to outperform in wealth creation over a long period of time.

FMCG sector has resumed revenue growth within three to four months in the last three Asian crises.

However, since this crisis has forced people to work-from-home and avoid social gathering, we expect companies with high exposure to health, hygiene and food portfolio (a.k.a. anti-fragile companies) to deliver better revenue growth during FY21-22E.

Click on the attachment to read the full report:

IDBI Capital FMCG Sector Update.pdf

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This report is authored by an external party. BloombergQuint 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 brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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