Summary
The Indian dairy industry is poised for healthy revenue growth this fiscal, despite supply shortages and an expected increase in prices.
The weather predictions of El Niño conditions will impact milk production and fodder availability, leading to higher procurement prices for raw milk. Additionally, higher crude prices amid the West Asia conflict will increase packaging and freight expenses, prompting players to undertake price hikes.
However, non-discretionary demand for basic milk products and rising consumption of value-added products will drive stable volume growth.
Capital expenditure (capex) is likely to moderate, as companies focus on ramping up facilities added in the last two fiscals.
Against this backdrop, Crisil will host a webinar tiled ‘Milky way through rough pastures’ on June 4, 2026, where our experts will answer pertinent questions, including:
- Can players pass on the entire hike in input costs to consumers, and what will be the impact on margins?
- How will the credit profiles be affected?
The webinar will also cover key topics such as:
- Demand-supply dynamics for organised dairies
- Trend in milk prices and impact on profitability
- Working capital cycle
- Capex plans and their effect on leverage
- Credit outlook for the sector
This will be followed by a panel discussion and Q&A session.
Do dial in.
For any assistance/ query, please email: Keegan Po | keegan.po@ext-crisil.com.
Disclaimer: This event and its content are intellectual property and confidential information of Crisil. Any use of the same without written permission of Crisil is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
Share
Subscribe for Crisil events
