felt in india just like everywhere else europe will bear the brunt since its dependence on russian energy is very high as much as 57 of the continents gas requirement is met by russia global production and supply of energy will be in a state of flux in the shortterm and will impact countries dependent on imports said gandhifmcg companies will be impacted also margins will be under pressureelevated commodity prices will either pinch margins or their pass through will constrain demand both of which pose downsides to our current growth forecast of 9 for fy23 said aditi nayar chief economist icrathere is negative correlation between change in crude oil prices and ebitda margins of consumer durable companies historically higher crude oil prices have impacted margins for 23 quarters but we also note the durable companies have managed to pass on the inflation via pricing actions noted icici securities in a report it noted that ompact of increase in crude oil prices will be higher for smaller unorganized sectoreven brokerage nomura has noted that price pressures will remain beyond february and consumer goods companies are set to further pass on higher input costs amid rising commodity prices to consumers in this quarter it expects retail prices of home appliances beauty products and biscuits to go upsushil kumar bajpai president at rspl group told the economic times the crisis will touch every aspect of ghari detergent makers operations from inflating input costs due to high dependence of crude oil derivatives a key ingredient in soaps and detergents to distribution and packaging costs after an expected rise in fuel pricesreal estate prices will go upreal estate developers are concerned about the pressure on input costs owing to rising geopolitical escalations between russia and ukraine fuel price hikes impact supply chain and logistics cost of raw materials leading to an escalation in cost of constructionrealtors body credai said post the geopolitical escalations oil prices have surged and stock markets have crashed globally oil prices have continued to rise over the last couple of months owing to concerns over disruptions in the global supply chain amid the crisis additionally it will further impact indian cement makers as they were already reeling under the pressures of rise in costs of raw material and energycredai said cement makers will need to pass on the burden as 6065 per cent of their business is either directly or indirectly linked to crude prices the association saideventually the impact will trickle down into the real estate industry as welledible oilnearly 60 of all sunflower oil in india for example is imported and ukraine accounts for nearly threefourths of the importsmarketsafter seven days of continuous falls domestic stocks saw some recovery on friday the emerging markets broadly are looking better at this moment and india in particular is looking like an outperformer for now and also for this year this geopolitical risk may not be so very high as far as india is concerned we have other