Crisil sees India poultry returning to 10% growth on firmer egg and broiler prices
India’s poultry sector is projected to grow about 10% this fiscal as stronger egg and broiler realisations offset a 3-5% rise in feed costs, Crisil Ratings said. Operating margins could improve by 50-70 basis points, supported by limited capex and stable leverage.
Crisil expects India’s poultry sector to return to roughly 10% growth this fiscal as stronger egg and broiler prices lift realisations. Feed costs may rise 3-5%, but margin recovery, limited capex and stable leverage should support producers.
Why this matters
The poultry outlook follows Crisil’s warning that West Asia conflict could cut India Inc margins by 200 bps and its FY26 FMCG forecast of 8-10% growth, supported by price hikes despite slower volumes.
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