SME Report 2018

Table of contents

An in-depth analysis of SME sector in India

1. Summary
2. SME industry and cluster attractiveness matrix (tool aiding sector shortlisting)
2.1. Methodology
3. Manufacturing and allied (54 sectors)
3.1. Sector overview
3.2. Sector prospects
3.3. Cluster comparison
3.4. Cluster analysis
4. Services (12 sectors)
4.1. Sector overview
4.2. Sector prospects
4.3. Cluster analysis
5. Trading (7 sectors)
6. Lending opportunities in SME industry
6.1. SME lending market size and outlook
6.2. Historical and future trends in share of banks vis-à-vis NBFCs in SME lending

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 6.3. Forecast on product-wise mix between secured and unsecured SME lending
7. Asset quality by sector
7.1. Views on asset quality by sector
7.2. Benchmarking a cluster’s asset quality with overall sector
8. Data and statistics
8.1. Companies with financials (~6,000 companies)
8.1.1. Location
8.1.2. Listing status
8.1.3. Outstanding rating
8.1.4. Outlook
8.1.5. Amount rated (Rs million)
8.1.6. Rating action
8.1.7. Last rating action (date)
8.1.8. Year ended
8.1.9. Result type
8.1.10. Operating income (Rs. million)
8.1.11. Net worth (Rs million)
8.1.12. Total debt (Rs million)
8.1.13. Operating profit margin (%)
8.1.14. Net profit margin (%)
8.1.15. RoCE (%)
8.1.16. Debt to equity (times)
8.1.17. Interest coverage (times)
8.1.18. NCA to total debt (times)
8.1.19. Current ratio (times)
8.2. Companies without financials (~1,100 companies)
8.2.1. Location
8.2.2. SME/NSIC rating
8.2.3. Constitution
8.3. Bank-wise lending to SME and Gross NPA for past 3 years
8.4. State-wise lending to SME for top 15 states
9. Financial tool (~6,000 companies)
9.1. Past 3 years’ financial comparison within sectors
9.2. Past 3 years’ financial comparison within clusters
9.3. Past 3 years’ financial comparison between sectors and clusters
10. Business tool (~6,000 companies)
10.1. Year of incorporation
10.2. Constitution
10.3. Main products
10.4. Capacity

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 10.5. Plant location
10.6. Key clients
10.7. Exports presence
10.8. Future capital expenditure plans
11. Six-month surveillance dashboard
11.1. Demand/ supply sentiment over the past six months
11.2. Trend in key raw material movement
11.3. Impact of regulatory change/ new developments
11.4. Any reason for change in business potential/ financial strength
11.5. Any cluster severely impacted with reasoning
11.6. Rating upgrades-to-downgrades ratio
11.7. Financial performance update
12. News and analysis
13. SME-related CRISIL releases
14. Financials by revenue cut (provided on request basis only)
14.1. Rs 0-250 million
14.2. Rs 250- 750 million
14.3. Rs 750 -1250 million
14.4. Rs 1250 -1750 million
14.5. Rs 1750- 2500 million
15. List of 73 sectors (Annexure 1)
16. List of 157 clusters (Annexure 2)

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ANNEXURE 1 – List of 73 sectors

Manufacturing & Allied

Sr. no. Sector Sr. no. Sector

1 Auto components 28 Medical equipment

2 Bicycles and accessories 29 Milk and dairy products

3 Bio-technology 30 Packaged foods

4 Brass and brass parts 31 Pesticides

5 Cashew processing 32 Pharmaceuticals - bulk drugs

6 Ceramic tiles and sanitary ware 33 Pharmaceuticals - formulations

7 Chemicals 34 Plastic and plastic products

8 Coir and coir products 35 Plastic pipes and pipe fittings

9 Construction - irrigation projects 36 Plywood and laminates

10 Construction - real estate and industrial 37 Poultry

11 Construction - roads and bridges 38 Printing and packaging

12 Dal milling 39 Refractories

13 Dyes and pigments 40 Rice milling

14 Edible oil 41 Rubber processing

15 Electrical equipment and components 42 Seafood

16 Electronics 43 Steel - non-integrated/ re-rollers

17 ERW steel pipes 44 Steel - pig iron/ sponge iron

18 Farm equipment 45 Sugar

19 Gems and jewellery 46 Tea

20 Glass 47 Textile - cotton spinning

21 Heavy engineering 48 Textile - home furnishing

22 Industrial paper 49 Textile - readymade garment

23 Leather and leather products 50 Textile - weaving, knitting and processing

24 Light engineering 51 Tobacco processors

25 Locks 52 Tyres

26 Machine tools 53 Wheat milling

27 Maize processing 54 Wood and wood products

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Services
Sr. no. Sector Sr. no. Sector

1 Air freight and courier services 7 Media - advertising

2 Coaching classes 8 Media - movies and entertainment

3 Hospitals and nursing homes 9 Security services

4 Hotels and resorts 10 Ship-breaking

5 IT enabled services (BPO) 11 Transport operators

6 IT services 12 Travel agents and tour operators

Trading
Sr. no. Sector Sr. no. Sector

1 Ceramic & tiles 5 Iron and steel

2 Chemicals 6 Pharmaceuticals

3 Coal 7 Wood and wood products

4 Electronics

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ANNEXURE 2 – List of 157 clusters

Sr. Sector Cluster Sr. Sector Cluster

no. no.

1 Auto components Ahmednagar 27 Construction - irrigation projects MP

2 Auto components Aurangabad 28 Construction - irrigation projects UP

3 Auto components Chennai 29 Construction - irrigation projects Andhra Pradesh

4 Auto components Ludhiana 30 Construction - irrigation projects Telangana

5 Auto components NCR 31 Construction - irrigation projects Karnataka

Construction - real estate and

Auto components Pantnagar Mumbai
6 32 industrial

Construction - real estate and

Auto components Pune Hyderabad
7 33 industrial

Construction - real estate and

Auto components Rajkot NCR
8 34 industrial

Construction - real estate and

Bicycles and accessories Ludhiana Chennai
9 35 industrial

Construction - real estate and

Bio-technology Hyderabad Bengaluru
10 36 industrial

Construction - real estate and

Bio-technology Bangalore Pune
11 37 industrial

Construction - real estate and

Bio-technology Pune Kolkata
12 38 industrial

13 Bio-technology NCR 39 Construction - roads and bridges Gujarat

14 Brass and brass parts Jamnagar 40 Construction - roads and bridges Rajasthan

15 Brass and brass parts Moradabad 41 Construction - roads and bridges UP

16 Brass and brass parts Warangal 42 Construction - roads and bridges Andhra Pradesh

17 Brass and brass parts Patna 43 Construction - roads and bridges Karnataka

18 Cashew processing Goa 44 Construction - roads and bridges Telangana

19 Cashew processing Kollam 45 Dal milling Nagpur

20 Ceramic tiles and sanitary ware Morbi 46 Dyes and pigments Ahmedabad

21 Chemicals Vadodara 47 Electronics NCR

22 Chemicals Mumbai 48 Electronics Bangalore

23 Chemicals Delhi 49 Farm equipment Coimbatore

24 Coaching classes Kota 50 Farm equipment Karnal

25 Coir and coir products Alleppey 51 Gems and jewellery Surat

26 Construction – irrigation projects Maharashtra 52 Gems and jewellery Domjur

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Sr. Sr.
Sector Cluster Sector Cluster
no. no.

53 Gems and jewellery Thrissur 106 Plastic and plastic products Chennai

54 Gems and jewellery Coimbatore 107 Plastic and plastic products Mumbai

55 Glass Ambala 108 Plywood and laminates Yamuna Nagar

56 Glass Firozabad 109 Plywood and laminates Kolkata

57 Heavy engineering Chennai 110 Plywood and laminates Morbi

58 Heavy engineering Mumbai 111 Printing and packaging Ahmedabad

59 Heavy engineering Pune 112 Printing and packaging NCR

60 Heavy engineering Tiruchirapalli 113 Printing and packaging Ludhiana

61 Heavy engineering NCR 114 Printing and packaging Karnal

62 Heavy engineering Kolkata 115 Printing and packaging Sivakasi

63 Hotels and resorts Mumbai 116 Printing and packaging Krishnagiri

64 Hotels and resorts Hyderabad 117 Printing and packaging Mumbai

65 Hotels and resorts NCR 118 Refractories Asansol

66 Hotels and resorts Chennai 119 Refractories Chirkunda

67 Hotels and resorts Kerala 120 Refractories Rajahmundry

68 Hotels and resorts Goa 121 Rice milling Amritsar

69 Industrial paper Muzzafarnagar 122 Rice milling Karnal

70 Industrial paper Vapi 123 Rice milling Chandrapur

71 Leather and leather products Agra 124 Rice milling Thanjavur

72 Leather and leather products Kanpur 125 Sea food Veraval

73 Leather and leather products Chennai 126 Sea food Cochin

74 Leather and leather products NCR 127 Ship breaking Alang

75 Leather and leather products Kolkata 128 Steel – non-integrated/ re-rollers Raipur

76 Leather and leather products Jalandhar 129 Steel – non-integrated/ re-rollers Kolkata

77 Light engineering NCR 130 Steel – non-integrated/ re-rollers Mandi

78 Light engineering Ahmedabad 131 Steel - pig iron/ sponge iron Raipur

79 Light engineering Rajkot 132 Steel - pig iron/ sponge iron Rourkela

80 Light engineering Bengaluru 133 Sugar Uttar Pradesh

81 Light engineering Hosur 134 Sugar Maharashtra

82 Light engineering Ludhiana 135 Sugar Karnataka

83 Light engineering Hyderabad 136 Tea West Bengal

84 Light engineering Belgaum 137 Tea Tamil Nadu

85 Light engineering Kolhapur 138 Textile - cotton spinning Coimbatore

86 Light engineering Kolkata 139 Textile - cotton spinning Rajkot

87 Light engineering Howrah 140 Textile - home furnishing Panipat

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Sr. Sr.
Sector Cluster Sector Cluster
no. no.

88 Light engineering Jalandhar 141 Textile - home furnishing Solapur

89 Light engineering Jaipur 142 Textile - home furnishing Karur

90 Light engineering Coimbatore 143 Textile - readymade garment Mumbai

91 Locks Aligarh 144 Textile - readymade garment Delhi

92 Machine tools Rajkot 145 Textile - readymade garment Tirupur

93 Machine tools Bengaluru 146 Textile - readymade garment Kolkata

94 Machine tools Ludhiana 147 Textile - readymade garment Dhalavaipuram

95 Machine tools Coimbatore 148 Textile - readymade garment Kancheepuram

96 Packaged foods Pune 149 Textile - readymade garment Ludhiana

97 Packaged foods Indore 150 Textile - readymade garment Bengaluru

Textile - weaving, knitting and

98 Pesticides Hyderabad 151 Erode
processing

Textile - weaving, knitting and

99 Pesticides Ahmedabad 152 Surat
processing

Textile - weaving, knitting and

100 Pesticides Delhi NCR 153 Bhiwandi
processing

101 Pharmaceuticals - bulk Drugs Hyderabad 154 Tobacco processors Guntur

102 Pharmaceuticals - formulations Ahmedabad 155 Wood and wood products Kannur

103 Pharmaceuticals - formulations Indore 156 Wood and wood products Ernakulam

104 Pharmaceuticals - formulations Chennai 157 Wood and wood products Kolkata

105 Pharmaceuticals - formulations Mumbai

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