While value retail, jewellery, and alcoholic beverages sectors posted robust growth, quick service restaurants showed initial signs of recovery. However, the broader consumption environment continued to reflect a slowdown, underscoring persistent weak demand conditions.NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies.
These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.Systematix ReportDuring Q4 FY25, overall demand trends remained subdued, mirroring the softness observed in Q3 FY25. While value retail, jewellery, and alcoholic beverages sectors posted robust growth, quick service restaurants showed initial signs of recovery.
However, the broader consumption environment continued to reflect a slowdown, underscoring persistent weak demand conditions. Our top picks include Allied Blenders and Distillers, Arvind Fashions, and Aditya Vision.Click on the attachment to read the full report:FMCG Q4 Results Preview: Weakness In Demand Environment To Continue, Predicts Nirmal BangDISCLAIMERThis report is authored by an external party.
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Consumer Discretionary Q4 Results Preview: Slowdown Persists; Value, Seasonality To Drive Growth — Systematix

Allied Blenders and Distillers, Arvind Fashions, and Aditya Vision are Systematix' top picks in the sector.