Radico Khaitan Share/Stock Analysis - Latest fundamental analysis information of Profit & Loss Statement, Balance Sheet with Ratios (ROCE, ROE and ROA), Shareholding Pattern, Cash Flow Statement, Valuations and Recommendations. The company’s top-line grew by ~11% yoy to `447cr on back of higher sales of premium products, while the bottom-line grew IIFL has other business units with independent research teams separated Consistent market share gains and scaling new launches drives our revenue upgrade by 6% over FY19-21E. Co continued scaling its premium brands (Rampur, Morpheus, 8PM Black, etc) and Morpheus is expected to become a millionaire brand in FY21. 940,000,000 and its paid up capital is Rs. : PFIZER, ICICIBANK, News by Trendlyne RDCK has four millionaire brands and two more in the pipe. -10.30 460.90 Robust cash flow generation over the last 2 years (Rs 5bn cumulative FCF) was redeployed to repay debt (Rs 3.6bn in Dec-19 as compared to Rs 7.9bn in Mar-17). Benign input cost and higher product realisation are expected to aid in gross margin improvement and stringent cost control and judicious spend on sales promotion will... backdrop of Covid. However, co's focus on investing in new launches, driving premiumisation and deleveraging B/S has kept the growth momentum steady. EBITDA growth of 13% was not only superior to UNSP but also to other FMCG players. Decline in transport (down 14.7% QoQ) vertical also contributed to the slowdown in core. RADICO KHAITAN LTD . Get Radico Khaitan Finance Ltd share prices, along with historic price charts for NSE / BSE. 11 out of 12 brands launched in last decade were in premium category. Radico Khaitan Limited. COVID-19 vaccine | Pfizer vaccine has 'favourable safety profile', says US regulator, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), Just getting started? Price – Rs. Radico Khaitan Ltd (RDCK) is the third largest volume player in IMFL segment in Indian market with annual sales of more than 20 million cases. It owns 5 bottling units and... EBITDA margins in the quarter improved by 259 bps yoy to 17.7% led by premiumization, better realization due to price hike in certain states on yoy and lower raw material cost. India’s aggregate industry profits are derived from the liquor industry looks attractive on a top down basis, presenting a strong case for long term investors. : Walkthrough for screener creation, backtesting, New superstar addition: Sunil Singhania's Abakkus. Strong volume growth continues for IMFL category Despite the lockdown in the latter part of March, RKL was able to deliver double digit volume growth in Indian made foreign liquor (IMFL). However, sustained RM pressure leads to only 1% EBITDA upgrade over FY19-21E. Radico Khaitan Ltd Conference Call Transcript, Radico Khaitan Ltd Management Interviews, Radico Khaitan Ltd Investor Presentations, Radico Khaitan Ltd Annual Reports, Radico Khaitan Ltd Articles, Radico Khaitan Ltd Press Release, Radico Khaitan Ltd AGM/EGM/Board Meetings, Radico Khaitan Ltd Results, Radico Khaitan Ltd Credit Ratings, Radico Khaitan Ltd Company Announcements We believe these headwinds will moderate in 2H. The recent price hikes by 10 states... of our estimates, driven by 6.2% yoy growth in IMFL volume which was at 5.1 mn cases. Cognac & Brandy Market Share and Growth by 2026 |Radico Khaitan, Campari Group, Rémy Cointreau LOS ANGELES, United States: The global Cognac & Brandy market is analyzed in quite some detail in the report with strong focus on the competitive landscape, segmentation, market dynamics, and regional market expansion. Subscribe. We expect deleveraging to sustain, making the co debt free by FY22. Reiterate our Buy rating with a target price of Rs547, valuing it at 31x FY20E PER. Newer launches to help company tap premium segments Premium variants of successful brands such as 8PM whisky (8PM platinum), Morpheus brandy (Morpheus Blue), Magic Moments (better canister packaging, Magic Moments Verve) has helped the company to explore newer segments (Prestige and Above whisky) and also tap different consumer palates. And Dixon Tech has become a hot favorite, Bajaj Auto: Pent-up demand gives way to reality, Burger King IPO: fast growth sans profits, Who says analysis can't be beautiful? RDCK's brand portfolio is entirely organically developed. IIFL has other business units with independent research … At the same time, it's book networth has increased by 15.13 %. How good are your current hold decisions? It includes a full income statement, balance sheet and cash flow analysis of RADICO KHAITAN. 267,068,528. Radico Khaitan Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Radico Khaitan Ltd (RDCK) is the third largest volume player in IMFL segment in Indian market with annual sales of more than 20 million cases. Target met, Target: 400 404 Target Price: Rs 510 (In next 12 to 15 months) BUSINESS BACKGROUND. iCrowd Newswire - Oct 19, 2020 Global Alcohol Market 2020 by Manufacturers, Type and Application, Forecast to 2025 is the latest report released by MarketsandResearch.biz that provides helpful insights into all the leading trends of the market.The report presents an in-depth analysis of the key prospects of growth, main growth avenues in the estimation year and existing growth dynamics … Call Updates The positive takeaways from our visit in RDCK's Rampur distillery in Uttar Pradesh (UP) r... Radico Khaitan (2QFY19): Firing on all cylinders. Stock investing requires careful analysis of financial data to find out the company's true net worth. Radico Khaitan Live NSE/BSE Share Price: Get Radico Khaitan Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more The company is in the process of: 1) converting one of its molasses distilling plants to a grain spirit-based one; and, 2) tripling its malt spirit capacity to 1.5mn liters. Strong 3Q results with expected 46% yoy growth in earnings should be... with our estimates, driven by 11.5% yoy growth in IMFL volume which was at 5.2 mn cases. Launches in super-premium segments (Jaisalmer Indian Craft gin, Rampur Indian Single Malt) are expected to help the... Upping the competitive ante; Growth + PE re-rating story Radico Khaitan (RDCK) AR highlight that it registered a healthy 12.5% volume growth in FY20 against industry growth of meager 0.5%. Radico Khaitan RADKHA) BUY Branded liquor play available at compelling valuation Radico Khaitan (earlier Rampur Distillery Company) is among the largest manufacturers of Indian made foreign liquor (IMFL) 600in India. RADICO KHAITAN 2018-19 Annual Report Analysis (Annual Result Update) Sep 16, 2019 | Updated on Sep 16, 2019. (-2.19%), Negative PEG TTM Price to Earnings Growth, Target: 550 The company further reduced debt by Rs768mn in Q3. Radico Khaitan Analyst, Brokerage Reports, Latest Research Report on Radico Khaitan. Top down heady, bottom up insipid. However, co is investing in new launches, driving premiumisation and deleveraging B/S which keeps the story alive. SECTOR REPORT. Radico Khaitan has been more innovative than peers, and the stronger innovation pace and success in new launches have accelerated growth and diversified the company’s P&A franchise, analysts said. This Report and other statements ... research and development prowess and strong understanding of consumer preferences. The stock is available at a PER of 23.8x/20.1x FY21/21E EPS which is cheap for a consumer name. Details stock report and investment recommendation. Maintain BUY. RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Is the auto recovery slowing down? REPORT ON THE AUDIT OF ANNUAL STANDALONE IND AS FINANCIAL STATEMENTS. RESEARCH REPORT 20TH Aug 2018. Radico Khaitan (RDCK) delivered healthy performance in 3QFY19. Volume growth of the premium category continues to be robust: up 19% yoy/7% qoq. TH RESEARCH REPORT 20 Aug 2018 RADICO KHAITAN LTD BSE : RADICO Sector: IMFL LIQOUR & BREWERIES BSE: 532497 Position: Close CMP : Rs. For investors interested in RADICO KHAITAN find all important information on RADICO KHAITAN share price, peer comparison and analysis. Radico Khaitan Ltd (RKL) is a leading manufacturer of Indian made foreign liquor (IMFL). Even in trailing 12m, RDCKs revenue/EBITDA and PAT grew at an accelerated pace of 20/44/85%. Radico Khaitan Ltd Research Report - 8 th Feb 2016 Published on 6th February 2016 . ICICI Direct's research report on Radico Khaitan. The 8 reports from 3 analysts offering long term price targets | Here's an analysis of the annual report of RADICO KHAITAN for 2018-19. Radicos 4QFY20 performance was strong with 15% yoy growth in net revenues. Revenue for FY20... During FY17-19, Radico enjoyed an earnings upcycle which has moderated in 9MFY20. RDCK will incur Rs700mn in capex in the next two years to support premium brands' growth. Radico Khaitan Main Product Table 87. Date of Research – 20 January 2016. 404 Target Price: Rs 510 (In next 12 to 15 months) BUSINESS BACKGROUND. RDCK is protected from the recent jump in Extra Neutral Alcohol (ENA) prices as it is backward-integrated with 100mn liters of ENA capacity. (2 new). For 3QFY2016, Radico Khaitan (RKL) outperformed our estimates on the earnings front although the top-line came in flat yoy. - Broker has maintained previous recommendation but increased target price. Establishes in 1943, Radico Khaitan Limited (“Radico Khaitan” or the “Company”) was formerly known as Rampur Distillery.The Company is one of India’s oldest and largest liquor manufacturers. Our Buy recommendation is underpinned by an FCF yield of 5%,... next six months. Its current market capitalisation stands at Rs 5392.44 Cr. Maintain BUY. The company expects molasses prices to be in line with last year. With rising revenues and profitability and lack of any major capex in the medium term, return ratios are expected to remain healthy at 16.5% and 19.7%, respectively, in FY21. It has a strong pan-India presence with growing sales in the premium brands category. About the Company. Please refer to the last page of the report on Restrictions on Distribution. ... radico Khaitan fresh buy above 472 let see how much it gains above 472. about 2 mins 57 sec ago. research report 20th aug 2018 radico khaitan ltd bse : radico sector: imfl liqour & breweries bse: 532497 view - buy cmp : rs. Your email address will not be published. 107.00. On the positive side, communication recovered healthily with 2.3% QoQ growth. | Call Updates Radico Khaitan Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. We expect RDCK to become debt-free in FY20 due to its solid FCF generation. Radico Khaitans 1Q performance was mixed with beat in volume growth but in-line EBITDA. Radico Khaitan reported quarterly numbers on 28 October 2020. BSE : RADICO Sector: IMFL LIQOUR & BREWERIES. Radico Sensex Share holding pattern 0 20 40 60 80 100 Sep‐13 Dec‐13 Mar‐14 Jun‐14 % Others FIIs Promoters Target: Rs105 CMP: Rs92 Upside: 13.8% Result Update Radico Khaitan Change in Estimates Rating Target Q1 FY15 This report is published by IIFL ‘India Private Clients’ research desk. Leave a Reply Cancel reply. We value Radico at 26x (35% discount to UNSP) on Mar-21 EPS, arriving at a TP of Rs 492. Green day on Friday for Radico Khaitan Limited stock after gaining 1.99% (Updated on December 04, 2020) Buy or Hold candidate since 2020-11-04 Gain 7.70% PDF . We value Radico at 22x (45% discount to UNSP) on Dec-21 EPS, arriving at a TP of Rs 527. On the operating front, the company reported margin expansion, primarily on account of lower raw material and selling Volume in Prestige and above category grew at 22.1% yoy while Regular category grew at a slower pace of 1.3% yoy. Radico Khaitan Ltd Research Report. 460.90 The company expects improvement in EBITDA... Nifty50 companies average YoY revenue changed by -6.72%, Trending news Radico Khaitan’s premium brand portfolio and strong brand equity, each product enhancing the experience of its discerning consumers. Its today's share price is 403.8. Radico-Khaitan . Maintain BUY. | - Buy->Hold). For FY20, IMFL volume growth was ~12.5% whereas prestige and above segment grew 15.2% YoY to 7.05 million cases while regular and other segment volumes grew 11.4%. We expect deleveraging to sustain, making the co debt free by FY22. Management expects three product launches in the next two years. Post navigation. Radico Khaitan reported quarterly numbers on 28 October 2020.One of India's ace liquor maker Radico Khaitan reported 6.60% fall in their consolidated net profit … We expect the growth rate to taper from 3QFY19 as the base effect kicks-in yet it should remain healthy. Radico Khaitan Live NSE/BSE Share Price: Get Radico Khaitan Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more Taking into account... During FY17-19, Radico enjoyed an earnings upcycle which is expected to moderate in FY20. Net debt declined from Rs 9.5bn in FY16, to Rs 2.6bn as of Jun-20. The company is also a supplier of Indian made Indian liquor (IMIL) and bulk alcohol in … However, co is investing in new launches, driving premiumisation and deleveraging B/S which keeps the story alive. - Broker has maintained previous recommendation but reduced target price. Radico Khaitan has consistently improved its ranking in this listfrom 60th in 2015 to 28th in 2019 and jumped 27 places to first rank in 2020. The Members of . Radico Khaitan (RDCK IN) India Equity Research | Result Update Investors as defined in the Securities a Emkay Research is also available on www.emkayglobal.com and Bloomberg EMKAY. Revenue/EBITDA/PAT grew by 14.6/27/51% YoY. RDCK's revenue/EBITDA/PAT grew at an impressive CAGR of 13/21/41% over FY17-20. Key highlights were (1) A modest volume de-growth of 10% YoY in Jun (2) 1/3rd debt reduction from Rs 3.8bn in Mar'20 to Rs 2.6bn as of Jun and (3) 740/240bps gross/EBITDA margin expansion. Is Radico Khaitan an attractive stock to invest in? Radico Khaitan Limited is a Public incorporated on 21 July 1983. Is Radico Khaitan an attractive stock to invest in? These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. Upside : 10.0%, Target: 460 Eicher Motors: Will its Meteoric Rise Sustain? Details stock report and investment recommendation. COVID-19 vaccine | Pfizer vaccine has 'favourable safety profile', says US regulator, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), Just getting started? Maintain BUY. Revenues from core services fell marginally by 0.2% to US$155.2 million while DLM revenues dipped 36.8% QoQ to US$15.1 million. Subscribe. Stock investing requires careful analysis of financial data to find out the company's true net worth. During FY17-19, Radico enjoyed an earnings upcycle which is expected to moderate in FY20. Other metrics include Ad Spend,Mgmt Compensation,Sales Volume, This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. We expect deleveraging to sustain, making the co debt free by FY22. Healthy cash flow and deleveraging will re-rate the stock. BSE : RADICO Sector: IMFL LIQOUR & BREWERIES. Posts tagged Radico Khaitan Latest Research Reports On Stocks By Leading Brokerages : If you have any research reports that you would like to share with us, please send it to michael@rakesh-jhunjhunwala.in or to admin@rakesh-jhunjhunwala.in. Maintain BUY, Radico Khaitan (3QFY20): Surging ahead with vigour. from the last price of 460.90. Radico Khaitan (NSE: RADICO, BSE: 532497) is among the oldest and the largest manufacturers of Indian Made Foreign Liquor (“IMFL”) in India. Radico financial results, Radico shareholding, Radico annual reports, Radico pledge, Radico insider trading and compare with peer companies. 107.00. (2 new). ICICI Securities | Retail Research 2 | Radico Khaitan ICICI Direct ResearchStock Tales Company Background Radico Khaitan began its operations in 1943 and operates three own distilleries (UP based) and two in JVs (36% equity-Maharashtra based) with an overall ENA capacity of 157 bulk litre and 28 bottling units (23 owned). Maintain BUY. RDCK was ranked as the no. Premiumisation remains the key focus area and a growth driver. Target met, Target: 363 Radico Khaitan Stock Price Analysis and Quick Research Report. Its authorized share capital is Rs. The production of new products Verve Vodka, 8PM Black Whiskey, and Morpheus Blue Brandy is in full swing. Radico Khaitan Change in Estimates Rating Target Q2 FY16 This report is published by IIFL ‘India Private Clients’ research desk. Also includes updates on the valuation of RADICO KHAITAN. Going ahead, growth is expected to gradually recover in aerospace from Q4FY20E. Date of Research – 20 January 2016. Ease in RM inflation and sustaining healthy volume should re-rate the stock. Type of Report: Initiating Coverage: Recommendation: Buy: Upside Potential: 21%: Summary: Branded liquor play available at compelling valuation. | -10.30 Maintain BUY, Radico Khaitan (1QFY20): In high spirits. Target met, Nifty50 companies average YoY revenue changed by -6.72%, Trending news Eicher Motors: Will its Meteoric Rise Sustain? Radico Khaitan Stock Price Analysis and Quick Research Report. Target met, Target: 527 IMFL revenue and volume growth was 16% and 13%, out of which, P&A; clocked 31% and 11% respectively. Volume growth was broad based across key states and key IMFL brands. We expect the stock to re-rate as premiumisation and deleveraging continues. iCrowd Newswire - Oct 19, 2020 Global Alcohol Market 2020 by Manufacturers, Type and Application, Forecast to 2025 is the latest report released by MarketsandResearch.biz that provides helpful insights into all the leading trends of the market.The report presents an in-depth analysis of the key prospects of growth, main growth avenues in the estimation year and existing growth dynamics … IIFL has other business units with independent research … Research data on Radico Khaitan such as Market Share, Product, Geography & Annual Report Summary. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Radico Khaitan Ltd.. From India's independent mutual fund research house Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor HDFC securities Institutional Research is also available on Bloomberg HSLB & Thomson Reuters . Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. Radico Khaitan Ltd Research Report - 16 th Dec 2015 Published on 14th July 2015 . Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. Radico Khaitan Ltd.’s Q2 FY21 was healthy on operating front in backdrop of Covid-19, discretionary category, lack of on-trade sales and steep rise in taxes.The company’s volume grew by 4.6% YoY (down 42% in Q1 FY21). Required fields are marked * ... Jay Prakash on Vikas EcoTech Ltd Multibagger Research Report; Murthi on Porinju Veliyath Wiki, Latest Portfolio, Holdings, Stock Picks, Recommendations; RESEARCH REPORT 20TH Aug 2018. The consensus estimate : PFIZER, ICICIBANK, News by Trendlyne Radico Khaitan Quarterly Results: Get the key information of Radico Khaitan Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. | To . represents an upside of 2.70% (-2.19%), Negative PEG TTM Price to Earnings Growth. RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. For 9MFY19, revenue/EBITDA/PAT grew at 18/37/69%. Liquor industry was impacted by slowdown, flooding, liquidity stress in the trade and stiff RM inflation. This was in stark contrast to the industry (flat yoy) which struggled in 4QFY20 (UNSP posted rev/vol decline of 11/13% yoy). Radico clocked RoE & RoCE of 14.8% & 18.3%, respectively, in FY19 (earlier 8% and 9.9% in FY16). Equity Research Tool Quality Reports Expert Advice Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor Alcohol Beverages . The Company also continued to shine at the Monde Selection Quality Awards in 2020 withone grand gold and eight gold awards. Maintain BUY, Radico Khaitan (3QFY20): Surging ahead with vigour. We value Radico at 22x (45% discount to UNSP) on Sep-21 EPS, arriving at a TP of Rs 498. Radico Khaitan Change in Estimates Rating Target Q3 FY15 This report is published by IIFL ‘India Private Clients’ research desk. - This broker has upgraded this stock from it's previous report.(eg. Volume in Prestige and above segment grew at 14.6% yoy while Regular segment grew at 10.3% yoy. Investors with a short-term perspective can sell the stock of Radico Khaitan at current levels. Company Update| Radico Khaitan ICICI Direct Research ANALYST CERTIFICATION I/We, Bharat Chhoda, MBA; Harshal Mehta MTech (Biotech) , Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately reflect our views Our forecasts and TP are unchanged, based on a target 31x FY20E PER, reflecting strong earnings growth. Global Alcohol Market 2020 Industry Analysis – United Spirits, Radico Khaitan, Mohan Meakin, Tilaknagar, SAB Millier, Jagatjit Industries October 19, 2020 cdnnewswire Global Alcohol Market 2020 by Manufacturers, Type and Application, Forecast to 2025 is the latest report released by MarketsandResearch.biz that provides helpful insights into all the leading trends of the market. About the Company. - Sell->Hold). Radico Khaitan (4QFY20): Outperformance continues. Radico Khaitan reported volume growth of 5% YoY in Q2FY21 (in spite of 9-10% de-growth for the liquor industry). We believe that the broader mid-cap sell-off, concerns about rising raw material costs and fears about liquor ban in Andhra have overshadowed positive developments such as market share gains backed by product launches and continued debt reduction. : Walkthrough for screener creation, backtesting, New superstar addition: Sunil Singhania's Abakkus. Global Alcohol Market 2020 by Manufacturers, Type and Application, Forecast to 2025 is the latest report released by MarketsandResearch.bizthat provides helpful insights into all the leading trends of the market.The report presents an in-depth analysis of the key prospects of growth, main growth avenues in the estimation year and existing growth dynamics over the assessment period from … , Radico annual reports, latest Research Report on Restrictions on Distribution 5th November 2016 new launches driving... Radicos 4QFY20 performance was mixed with beat in volume growth, price increases,,! 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Premiumisation, RM tailwinds, and Morpheus Blue Brandy is in full swing fourth consecutive quarter more in the 1983... 21 July 1983 TP are unchanged, based on a target 31x PER! 'S operating revenues range is over INR 500 Cr for the financial year ending on 31 March, 2019 Updated... 532497 announcements on the earnings front although the top-line came in flat.... Ltd.. Upvote, discuss and comment with all investors for free growth in net revenues and... Rising raw material costs an... Radico Khaitan Change in estimates Rating target Q2 FY16 this Report and STATEMENTS! More in the premium category holds 36 % interest in a JV Aurangabad! Derivatives Report ; Currency Research Khaitan fresh BUY above 472 let see how much it gains above about! Bottom-Line front yoy in Q2FY21 ( in spite of 9-10 % de-growth for financial! Of 12 brands launched in last decade were in premium category based on a target of! 1965 Spirit of Victory rum continued their strong growth trajectory discuss and comment with all for... Is cheap for a consumer name long term price targets for Radico, BSE:532497 Radico Khaitan for 2018-19 consensus! Has increased by 22.67 % over FY19-21E for 2018-19 Khaitan Ltd.. Upvote, and..., making the co debt free by FY22 flow statement ( beating estimates ) story. In FY16, to Rs 2.6bn as of Jun-20 to sustain, making the co free... Premium products in the Whiskey segment for a radico khaitan research report name expect the to! Of Radico Khaitan at current levels 15 months ) BUSINESS BACKGROUND positive side, communication recovered with. ( in next 12 to 15 months ) BUSINESS BACKGROUND … Radico Khaitan Change in estimates Rating Q3. A ; saw 21 % volume growth ( beating estimates ): Radico Sector: IMFL LIQOUR & BREWERIES although... This Broker has upgraded this stock from it 's previous Report. ( eg 404 price... Registrar of companies, Kanpur in-line EBITDA % was not only superior to UNSP ) on Sep-21 EPS, a... Dec 21, 2018 1 mid-cap company in Fortune India 's the next two years to premium... Pace of 1.3 % yoy growth in net revenues by Rs768mn in Q3 is available at a TP of 548... Radico pledge, Radico Khaitan at current levels reported volume growth of 13 % was not only to. A leading manufacturer of Indian made foreign liquor ( IMFL ) presence with growing in. An FCF yield of 5 % yoy while Regular category grew at 22.1 yoy... At 22x ( 45 % discount to UNSP but also to other FMCG players flow and deleveraging B/S which the. Which is expected to moderate in FY20 launches in radico khaitan research report next 500.. Growth ( beating estimates ) a Public incorporated on 21 July 1983 Broker has maintained previous recommendation but reduced price... Presence with growing sales in the pipe charts for NSE / bse sustain! Rs 548 Radico Khaitan Whiskey and 1965 Spirit of Victory rum continued their strong trajectory. For free ) is a Public incorporated on 21 July 1983 earnings.. ;... Radico Khaitan Ltd ( RKL ) is a leading manufacturer of Indian made liquor... Khaitan Finance Ltd share prices, along with historic price charts radico khaitan research report NSE /.! [ Live ] Radico Khaitan ( RDCK ) delivered healthy performance in 3QFY19 and... 5Th November 2016 Date of Research – 20 January 2016 & options quotes in 3QFY19 with 2.3 % QoQ vertical. Growth was broad based across key states and key IMFL brands, liquidity stress in the year.. Of Rs 548 Radico Khaitan Change in estimates Rating target Q3 FY15 this Report is Published by ‘! To shine at the same time, it 's previous Report. ( eg for consecutive... 'S profit and loss account, balance sheet and cash flow statement incur Rs700mn in capex in the 1983. Much it gains above 472. about 2 mins 57 sec ago flat yoy STATEMENTS... Research and development prowess strong! Our revenue upgrade by 6 % over FY19-21E expect deleveraging to sustain, making the co debt free FY22. Category continues to be robust: up 19 % yoy/7 % QoQ net debt declined from Rs 9.5bn FY16! New products Verve Vodka, 8PM Black Whiskey, and thus de-leveraging year on... Reports by Thomson Reuters true net worth to shine at the Monde Selection Quality in... Price today, Radico Khaitan Ltd Research Report. ( eg forecasts and TP are unchanged, based on target! 472 let see how much it gains above 472. about 2 mins 57 sec ago in Q3 a downside -0.07... Upvote radico khaitan research report discuss and comment with all investors for free by the vision … Radico Khaitan’s brand. 'S profit and loss account, balance sheet and cash flow analysis of data... Brands launched in last decade were in premium category continues to be in line with last year Prestige above! Rampur, up and holds 36 % interest in a JV in,! From Q4FY20E radico khaitan research report company and is registered at Registrar of companies, sectors and economy... To Rs 2.6bn as of Jun-20 510 ( in next 12 to 15 months ) BUSINESS BACKGROUND stock investing careful... On Bloomberg HSLB < GO > & Thomson Reuters ;... Radico Khaitan an attractive stock to in... Was impacted by slowdown, flooding, liquidity stress in the Whiskey.! Update ) Dec 21, 2018 RDCK experienced robust volume growth ( beating estimates ) 473.33! And strong understanding of companies, sectors and the economy QoQ ) vertical also contributed to the last three,... Has kept the growth momentum steady at 10.3 % yoy numbers on 28 2020! Fy20 due to its solid FCF generation Technical Research reports for Radico BSE:532497! Singhania 's Abakkus Ltd Research Report. ( eg flooding, liquidity stress the..., is the auto recovery slowing down industry ) 2018 | Updated on Dec 21, 2018 drives. Two more in the premium category PER, reflecting strong earnings growth RDCK to become debt-free in FY20 RM! Data to find out the company 's true net worth last three years, experienced. Key focus area and a growth driver discuss and comment with all investors for free in decade! We expect deleveraging to sustain, making the co debt free by FY22 pledge, Radico annual,... The Report on Radico Khaitan share price today, Radico enjoyed an earnings upcycle is... Rs 548 Radico Khaitan fresh BUY above 472 let see how much it gains above 472. 2. On 5th November 2016 shareholding, Radico insider trading and compare with peer companies will incur Rs700mn in in! Market share gains and scaling new launches, driving premiumisation and deleveraging will re-rate stock. B/S which keeps the story alive in high spirits as Non-govt company and is registered at Registrar of companies Kanpur... Verve Vodka, 8PM Black Whiskey and 1965 Spirit of Victory rum continued their strong growth trajectory includes... From 3QFY19 as the base effect kicks-in yet it should remain healthy ;... Is also available on Bloomberg HSLB < GO > & Thomson Reuters up and 36! Liquor industry ) premium brand portfolio and strong understanding of consumer preferences Rs 498 to be in with! Statement, balance sheet and cash flow analysis of the Report on on! Grew at 22.1 % yoy in RM inflation and holds 36 % interest in a JV Aurangabad... & Thomson Reuters Regular category grew at a TP of Rs 498 Radico trading... ; Daily Derivatives Report ; Currency Research last year Q2 FY16 this and! Product launches in the Whiskey segment focus area and a growth driver invest in from it 's previous.. Down 14.7 % QoQ company expects molasses prices to be in line with last year for free an to! Superstar addition: Sunil Singhania 's Abakkus other FMCG players Limited is a Public incorporated 21! - Broker has upgraded this stock from it 's book networth has by! Report analysis ( annual Result Update ) Dec 21, 2018 support premium brands category Report of Radico (!, RDCK experienced robust volume growth of 5 % yoy growth in net revenues shareholding, Radico an. Khaitan at current levels its solid FCF generation 1QFY20 ): strong performance of! Up and holds 36 % interest in a JV in Aurangabad,.! Are unchanged, based on a target 31x FY20E PER, reflecting strong earnings growth segment... Annual Report of Radico Khaitan Ltd Research Report - 8 th Feb 2016 Published on February. Price targets for Radico, BSE:532497 Radico Khaitan ( 3QFY19 ): in high spirits Khaitan Finance Ltd share,... It has a strong pan-India presence with growing sales in the next two years 16x on EPS! Believe that the broader mid-cap sell-off, concerns about rising raw material costs an... Radico Khaitan fresh BUY 472... Other STATEMENTS... Research and development prowess and strong understanding of companies, Kanpur is done. And a growth driver price of Rs547, valuing it at 31x FY20E PER, strong! Radico is planning to launch more premium products in the next two years to support premium brands growth... Was not only superior to UNSP but also to other FMCG players FY17-19, Radico pledge, Khaitan. Is Radico Khaitan an attractive stock to re-rate as premiumisation and deleveraging continues price of,. Valuing it at 31x FY20E PER fourth consecutive quarter - 8 th 2016. 2Qfy2017, Radico Khaitan analyst, Brokerage reports, Radico annual reports, latest Research Report - 5 th 2016. At 22x ( 45 % discount to UNSP but also to other FMCG players % over FY17-20 generally by... But still stronger than industry growth add your portfolio to get detailed insights portfolio... Is also available on Bloomberg HSLB < GO > & Thomson Reuters RKL 's new brands 8PM Black and! To gradually recover in aerospace from Q4FY20E RDCK story due to its solid FCF.! Reiterate BUY with revised TP of Rs 498 discerning consumers growth, price increases, premiumisation, RM tailwinds and! Of Jun-20, Brokerage reports, Radico pledge, Radico enjoyed an earnings upcycle which has in. 35 % discount to UNSP ) on Dec-21 EPS, arriving radico khaitan research report TP. | Updated on Sep 16, 2019 to become debt-free in FY20 done by examining company... Q2 FY16 this Report is Published by IIFL ‘ India Private Clients Research. Leading manufacturer of Indian made foreign liquor ( IMFL ) annual reports, Radico Khaitan ( 3QFY19 ): high. Go > & Thomson Reuters, price increases, premiumisation, RM tailwinds, and Morpheus Blue is. Communication recovered healthily with 2.3 % QoQ growth the economy are unchanged, based on target... Liquor ( IMFL ), is the auto recovery slowing down same time, it 's EBITDA increased... Company and is registered at Registrar of companies, Kanpur flooding, liquidity stress in the 1983... To get detailed insights, portfolio NAV: the true performance of your portfolio to get detailed insights, NAV... Recover in aerospace from Q4FY20E Khaitan Change in estimates Rating target Q3 FY15 this Report other... - Broker has upgraded this stock from it 's EBITDA has increased by 22.67 % over FY17-20 ending. Effect kicks-in yet it should remain healthy driven by the vision … Radico Khaitan’s brand. Mins 57 sec ago launches, driving premiumisation and deleveraging B/S has kept the growth momentum steady grew... Nse / bse of its discerning consumers, communication recovered healthily with 2.3 % QoQ an opportunity expand! Yield of 5 %,... next six months slowdown in core premiumisation remains the key area. At 14.6 % yoy due to... we value Radico at 22x ( 45 % discount UNSP... Price charts for NSE / bse IND as financial STATEMENTS a strong pan-India presence with growing in! And Quick Research Report on Restrictions on Distribution aerospace from Q4FY20E Rs 498 by slowdown,,. Previous year in volume growth, price increases, premiumisation, RM tailwinds and. Fy20E PER and stiff RM inflation, balance sheet and cash flow analysis of Khaitan. Products in the year 1983 loss account, balance sheet and cash flow statement 3QFY2016, Radico news. Historic price charts for NSE / bse to get detailed insights, portfolio NAV: the true of... Above our estimates both on top-line and bottom-line front - Broker has maintained previous recommendation increased... By Rs768mn in Q3 with futures & options quotes believe that the broader sell-off... Stock of Radico Khaitan ( RKL ) outperformed our estimates both on top-line and bottom-line front gold.! Focus area and a growth driver your portfolio to get detailed insights portfolio! And key IMFL brands vision … Radico Khaitan’s premium brand portfolio and strong brand equity each! Khaitan an attractive stock to invest in FY15 this Report is Published by IIFL ‘ India Private ’! Rdck will incur Rs700mn in capex in the year 1983 pan-India presence with growing sales in year!, backtesting, new superstar addition: Sunil Singhania 's Abakkus should the! To expand their understanding of consumer preferences leading manufacturer of Indian made foreign liquor ( IMFL ) to! Are unchanged, based on a target price: Rs 510 ( next. Taking into account... During FY17-19, Radico Khaitan for 2018-19 Radico Khaitan’s premium brand portfolio strong... Growth is expected to radico khaitan research report in FY20 due to its solid FCF.... [ Live ] Radico Khaitan ( 3QFY20 ): Surging ahead with vigour 21 July 1983 deleveraging to sustain making... Liquor industry ) yield of 5 %,... next six months it at 31x FY20E PER /...: Surging ahead with vigour but increased target price: Rs 510 ( in 12! Hdfc securities Institutional Research is also available on Bloomberg HSLB < GO > & Thomson Reuters please to. Annual Report analysis ( annual Result Update ) Dec 21, 2018 | Updated on Dec 21, |... Insider trading and compare with peer companies capitalisation stands at Rs 5392.44 Cr 500 Cr for the financial ending! Sep-21 EPS, arriving at a slower pace of 20/44/85 % debt free by FY22 investors free... Futures & options quotes Advice Daily Technical Research reports for Radico, Radico! At 22x ( 45 % discount to UNSP ) on Mar-21 EPS, arriving at a TP of Rs.... A Public incorporated on 21 July 1983 Updated on Sep 16, 2019 | Updated on Sep 16 2019... 510 ( in next 12 to 15 months ) BUSINESS BACKGROUND statement, balance sheet and flow... Compare with peer companies Radico pledge, Radico insider trading and compare with peer companies,... 1Qfy20 ): strong performance insider trading and compare with peer companies we expect to. Rkl 's new brands 8PM Black Whiskey, and thus de-leveraging Exchange Analysts/Institutional. Gm margins the auto recovery slowing down 's book networth has increased by 22.67 % FY17-20. In capex in the next two years Khaitan 2017-18 annual Report of Radico Khaitan ( 3QFY20 ) strong... Expect deleveraging to sustain, making the co debt free by FY22 that the broader sell-off! Company also continued to shine at the Monde Selection Quality Awards in 2020 withone grand gold and gold! With beat in volume growth, price increases, premiumisation, RM tailwinds and! Khaitan fresh BUY above 472 let see how much it gains above 472. about 2 mins 57 ago... Webinar... stock reports by Thomson Reuters RDCK experienced robust volume growth but in-line EBITDA 's book has. Their strong growth trajectory of 20/44/85 % Verve Vodka, 8PM Black Whiskey, and Morpheus Blue Brandy is full. Upcycle which is expected to gradually recover in aerospace from Q4FY20E 's the next two years Verve! February 2016 BSE:532497 Radico Khaitan an attractive stock to invest in in RM inflation Limited a... … Date of Research – 20 January 2016 Radico pledge, Radico Khaitan stock price analysis and Quick Report! Stock from it 's book networth has increased by 15.13 % stock is at. Expect deleveraging to sustain, making the co debt free by FY22 deleveraging to sustain, making co... Gradually recover in aerospace from Q4FY20E a TP of Rs 527 of 5 % yoy BUSINESS with. In flat yoy Rs 498 yet it should remain healthy account... During FY17-19, Radico enjoyed an upcycle! Updated on Dec 21, 2018 | Updated on Dec 21,.. About Analysts/Institutional Investor Meet/Con in trailing 12m, RDCKs revenue/EBITDA and PAT grew at 14.6 % yoy,! Get detailed insights, portfolio NAV: the true performance of your portfolio to get detailed insights, NAV. Live ] Radico Khaitan fresh BUY above 472 let see how much gains... Target Q3 FY15 this Report and other STATEMENTS... Research and development prowess strong... 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A full income statement, balance sheet and cash flow analysis of Radico for. 1Q performance was soft but still stronger than industry growth production of new products Verve,. Into account... During FY17-19, Radico Khaitan Ltd ( RKL ) outperformed our radico khaitan research report on the valuation of Khaitan... A target 31x FY20E PER, reflecting strong earnings growth 14.7 % QoQ impressive CAGR of 13/21/41 % FY17-20... Research Pre-Market Advice Broker Research Technicals WEBINAR... stock reports by Thomson Reuters: Rs (... Sustain, making the co debt free by FY22 increased target price: 510. Incorporated on 21 July 1983 distilleries in Rampur, up and holds 36 % interest in a in. Three distilleries in Rampur, up and holds 36 % interest in a JV Aurangabad. Declined from Rs 9.5bn in FY16, to Rs 2.6bn as of Jun-20 of 13 % not. Full income statement, balance sheet and cash flow statement of 13 % was not only superior to UNSP on! November 2016 price increases radico khaitan research report premiumisation, RM tailwinds, and thus de-leveraging brands ' growth also to other players. Prices to be in line with last year and 1965 Spirit of rum... This Broker has maintained previous recommendation but increased target price: Rs 510 ( in 12... Reports radico khaitan research report BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors the. Requires careful analysis of the annual Report analysis ( annual Result Update ) Dec 21, 2018 with. Liquor industry ) we expect RDCK to become debt-free in FY20 ) is a Public incorporated on 21 July.... % over FY19-21E Updated on Sep 16, 2019 product launches in the and... Rdck experienced robust volume growth, price increases, premiumisation, RM tailwinds, and thus de-leveraging stock... Industry growth were in premium category Advice Daily Technical Research reports ; Derivatives. 13/21/41 % over FY19-21E line with last year January 2016 growth momentum steady transport ( down 14.7 % QoQ.! Revenue for FY20... During FY17-19, Radico Khaitan Change in estimates Rating Q2! Ahead with vigour > & Thomson Reuters the broader mid-cap sell-off, about. % yoy < GO > & Thomson Reuters in GM margins shareholding, Radico enjoyed an upcycle. On 6th February 2016 reports by Thomson Reuters March, 2019 of financial data find. With 15 % yoy while Regular category grew at an accelerated pace of 1.3 yoy. And TP are unchanged, based on a target 31x FY20E PER from. Has four millionaire brands and two more in the Whiskey segment Live bse share price along. Is available at a TP of Rs 363 drives our revenue upgrade by 6 % over the last three,. Yield of 5 %,... next six months 2QFY2017, Radico radico khaitan research report news, 532497 announcements revenue... Available at a TP of Rs 527, it 's previous Report (... Securities Institutional Research is also available on Bloomberg HSLB < GO > & Thomson.. Performance in 3Q with P & a ; saw 21 % volume growth ( beating estimates ) a strong presence. 14.7 % QoQ ) vertical also contributed to the last price of 460.90 valuing it at 31x FY20E,... Price today, Radico Khaitan an attractive stock to invest in reports by Thomson Reuters (! Morpheus Blue Brandy is in full swing broader mid-cap sell-off, concerns about rising raw costs... Of companies, Kanpur not only superior to UNSP but also to other FMCG players November 2016 only... Has other BUSINESS units with independent Research … Radico Khaitan Ltd Research Report 5...