Which companies can recover quickly after negative impact on balance sheet dueto COVID-19/20 & why

Most companies have been adversely affected by Covid-19 as can be seen from Q1FY21 results.

It appears that companies that rely on mass participation of people will be adversely affected even later. Examples are that of cinema companies like PVR, INOX or airline companies like Indigo, SPiceJet etc.

Companies which make essentials and small-ticket products such as Nestle, HUL, Godrej will bounce back fast.

One example is that of Bata. When schools and offices reopen, there will probably be a rush to buy shoes, which will benefit Bata.