AIFMP - CRISIL Index 

Note:

• The base value of PRIDEX and CARDEX, taken as 100, represents average cost in fiscal 2014. 
• The latest quarter Index values are provisional and may undergo a marginal change during updation in the next quarter.
• For better correlation Selling and Administration expenses have been now linked to CPI (previously IIP) – Based on the understanding that selling and administrative expenses are majorly an extension on employee cost the same henceforth would be correlated to CPI
  
• The electricity demand  has been fluctuating significantly because of the extended lockdowns and localized lockdowns. Therefore, growth in electricity expenses for current quarter has been kept at zero
  
• FY21 is financial year 2021 (April 2020-March 2021); Q1 FY21 (April 2020 -June 2020); Q2 FY21 (July 2020 - Sept 2020); Q3 FY21 (Oct 2020 - Dec 2020); Q4 FY21 (Jan 2021 - March 2021)
  

What are PRIDEX and CARDEX?

PRIDEX and CARDEX are indices reflecting the fluctuation in the commercial and packaging printing segments’ costs within the printing industry such as raw materials, finance, selling and administration, etc.

All India Federation of Master Printers or AIFMP, in collaboration with CRISIL Research, has launched the indices.

What is the objective of the indices?

The indices will assist printers assess change in overall cost related to printing activities in order to make informed economic decisions.

Background of AIFMP

All India Federation of Master Printers is an association of printers, established in 1953.

• AIFMP is an apex body of the Indian Printing Industry
  
• The association has 250,000 members across India
  
• The association has 74 regional affiliates, and is also a member of World Print Congress Forum
  

Disclaimer

CRISIL has taken due care and caution in preparing this index solely for the use of AIFMP on the basis of the information/ documents/ prices obtained by CRISIL from the sources provided by AIFMP and/or obtained by CRISIL from sources considered reliable. CRISIL does not guarantee the authenticity, accuracy, adequacy or completeness of the information/ documents/ report/ contents of the report and is not responsible for any errors or for the results obtained from the use of the same. CRISIL especially states that it has no financial liability whatsoever to AIFMP/ any other user of the PRIDEX/ CARDEX.