MSME poised for stronger performance, says Acuité Ratings & Research Acuité Ratings believes that the Indian MSME sector is well poised to exhibit a stronger performance over the medium term. While demonetization and introduction of GST had posed challenges, there are signs of a vibrancy coming back in the sector. Acuité’s study on a representative set of 327 MSMEs with rated debt up to Rs. 25 Cr highlights a significant growth of 27% in revenues and an almost tripling of the net profits in FY18 as compared to FY17. The liquidity position for this set of MSMEs has also improved with gross current assets dropping to 135 days as on March 2018 from 153 days as on March 2017. This is also corroborated by a MSME Pulse report published by TransUnion CIBIL & SIDBI in June 2018 wherein th...
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