Rising e-way bills in July 2021 indicate revival in economic activities

by Nidhi Bhati

E-way bill generation jumped to 35.5 million per day during 1-18 July 2021, taking the daily average for the period to nearly two million, reported Economic Times. During 1-20 June 2021, 33.7 million e-way bills were generated, with a daily average of 1.7 million. Daily average in June was 1.8 million for 54.6 million e-way bills for the month. The July numbers are also higher than May when daily average was 1.3 million for the full month and e-way bill generation was 39.9 million, the lowest since June 2020 as states imposed tight restrictions to curb rising Covid cases. With further easing of restrictions, experts expect business activity to pick up pace, giving rise to expectations of improved Goods and Services Tax (GST) collections.

References
1. https://economictimes.indiatimes.com/news/economy/finance/e-way-bill-generation-sees-a-sharp-increase-in-july-hinting-at-recovery/articleshow/84583243.cms
CMIE STATISTICS
Unemployment Rate (30-DAY MVG. AVG.)
Per cent
6.9 -1.9
Consumer Sentiments Index
Base September-December 2015
52.1 0.0
Consumer Expectations Index
Base September-December 2015
54.8 0.0
Current Economic Conditions Index
Base September-December 2015
48.0 0.0
Quarterly CapEx Aggregates
(Rs.trillion) Sep 20 Dec 20 Mar 21 Jun 21
New projects 1.99 1.25 1.87 1.81
Completed projects 0.76 0.85 1.10 0.57
Stalled projects 0.06 0.31 0.14 0.16
Revived projects 0.25 0.15 0.21 0.12
Implementation stalled projects 0.09 0.15 0.30 0.27
Updated on: 28 Jul 2021 3:28PM
Quarterly Financials of Listed Companies
(% change) Sep 20 Dec 20 Mar 21 Jun 21
All listed Companies
 Income -6.3 1.6 15.0 34.0
 Expenses -10.3 0.1 7.4 34.8
 Net profit 47.5 58.0 304.2 75.7
 PAT margin (%) 8.3 8.4 9.1 12.9
 Count of Cos. 4,419 4,433 4,211 382
Non-financial Companies
 Income -10.5 0.2 17.7 51.1
 Expenses -14.2 -0.7 10.6 56.0
 Net profit 31.7 54.4 218.4 81.9
 PAT margin (%) 8.1 8.8 9.3 13.0
 Net fixed assets 5.9 2.3
 Current assets 0.7 4.8
 Current liabilities -2.7 0.8
 Borrowings 8.3 -4.3
 Reserves & surplus 4.2 12.3
 Count of Cos. 3,278 3,293 3,143 289
Numbers are net of P&E
Updated on: 28 Jul 2021 3:28PM
Annual Financials of All Companies
(% change) FY19 FY20 FY21
All Companies
 Income 13.4 0.0 2.8
 Expenses 13.8 -0.1 0.4
 Net profit 14.2 -7.3 33.8
 PAT margin (%) 2.1 2.1 9.5
 Assets 9.8 8.3 17.1
 Net worth 8.5 4.3 18.7
 RONW (%) 3.7 3.6 10.7
 Count of Cos. 31,492 30,180 1,463
Non-financial Companies
 Income 14.1 -1.9 -0.8
 Expenses 14.4 -1.7 -2.3
 Net profit 20.6 -18.4 15.0
 PAT margin (%) 2.9 2.4 10.9
 Net fixed assets 5.6 9.7 7.0
 Net worth 7.9 1.9 18.0
 RONW (%) 6.3 5.1 13.5
 Debt / Equity (times) 1.0 1.1 0.5
 Interest cover (times) 2.3 2.0 5.8
 Net working capital cycle (days) 73 80 32
 Count of Cos. 25,254 24,140 1,091
Numbers are net of P&E
Updated on: 28 Jul 2021 4:45PM