•FMCG companies face margin pressure due to increasing crude oil prices, impacting key categories like paints, edible oils, detergents, and snacks.
•Nuvama Institutional Equities' Abneesh Roy predicts a 2-3% price hike by FMCG firms in the June quarter to offset rising input costs.
•Packaging costs are identified as another significant pressure point for the sector.
•Despite near-term margin tightening, strong wheat output and easing copra prices offer some support to companies such as Nestle, Britannia, and Marico.
