Companies that would be potentially impacted due to Kerela floods
Banks
SIB and Federal Bank account for 40-45% of their business from Kerela
NBFC
Muthoot Finance has 650 branches (4300 total)Kerela
Manapurram's 15% branches in Kerela
Tyres
All tyre companies source rubber from Kerela. Potential impact on their profitability with ruppee depreciation and rubber costs
VGuard, Kitex garment located there
Cement
Ramco cement has entire business coming from Kerela n Tamil Nadu
Could be indirect impact on other players like Dalmia, India cem
Even wonderla has their park in Kerela which was not operational in Q1 due to rains.
Banks
SIB and Federal Bank account for 40-45% of their business from Kerela
NBFC
Muthoot Finance has 650 branches (4300 total)Kerela
Manapurram's 15% branches in Kerela
Tyres
All tyre companies source rubber from Kerela. Potential impact on their profitability with ruppee depreciation and rubber costs
VGuard, Kitex garment located there
Cement
Ramco cement has entire business coming from Kerela n Tamil Nadu
Could be indirect impact on other players like Dalmia, India cem
Even wonderla has their park in Kerela which was not operational in Q1 due to rains.
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