The micro, small and medium enterprises (MSME) sector’s revenue growth will plunge into deep red this fiscal because of the Covid-19 pandemic
Earnings before interest, taxes, depreciation and amortisation (Ebitda) margins will decline despite lower commodity prices
Higher stress in financials visible in micro units compared with small and medium firms
Consumer discretionary, construction and export-linked MSMEs will be the most impacted
Credit growth to MSMEs, an under-penetrated sector, will decelerate this fiscal
Asset quality pressures to rise despite moratorium, because of slack demand
Entrepreneurs from key sectors see varied pace of revival – those most affected do not expect are bound before next fiscal, while a few are optimistic about the upcoming festive season
