- Sell->Hold). Abhishek Khaitan is Managing Director at Radico Khaitan Ltd. See Abhishek Khaitan's compensation, career history, education, & memberships. | We remain constructive on RDCK story due to... We value Radico at 16x on Mar-22E EPS, deriving a TP of Rs 363. TH RESEARCH REPORT 20 Aug 2018 RADICO KHAITAN LTD BSE : RADICO Sector: IMFL LIQOUR & BREWERIES BSE: 532497 Position: Close CMP : Rs. 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. 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. For 3QFY2016, Radico Khaitan (RKL) outperformed our estimates on the earnings front although the top-line came in flat yoy. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Is the auto recovery slowing down? Radico-Khaitan . - This broker has upgraded this stock from it's previous report.(eg. At the same time, it's book networth has increased by 15.13 %. 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). RDCK is protected from the recent jump in Extra Neutral Alcohol (ENA) prices as it is backward-integrated with 100mn liters of ENA capacity. Radico Khaitan Ltd Research Report - 8 th Feb 2016 Published on 6th February 2016 . Post navigation. We have audited the accompanying annual Standalone Ind AS Financial Statements of RadicoKhaitan Limited ("the Company") which comprise the Balance Sheet as atMarch 312019 the Statement of Profit and Loss (including Other Comprehensive Income) forthe year … Other metrics include Ad Spend,Mgmt Compensation,Sales Volume, Robust cash flow generation over the last 2 years (Rs 4.4bn cumulative FCF) was redeployed to repay debt (Rs 3bn in Jun-19 vs. 7.9bn in Mar-17). Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. The production of new products Verve Vodka, 8PM Black Whiskey, and Morpheus Blue Brandy is in full swing. 940,000,000 and its paid up capital is Rs. Call Updates Daily Currency Report; Equity Reports. ... radico Khaitan fresh buy above 472 let see how much it gains above 472. about 2 mins 57 sec ago. Taking into account... During FY17-19, Radico enjoyed an earnings upcycle which is expected to moderate in FY20. 404 Target Price: Rs 510 (In next 12 to 15 months) BUSINESS BACKGROUND. Maintain BUY, Radico Khaitan (3QFY20): Surging ahead with vigour. Radico Khaitan Live NSE/BSE Share Price: Get Radico Khaitan Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more Weakness within core services was mainly due to drag in its largest vertical aerospace & defence (decline 5.1% QoQ) on account of a dip in spend in engineering design. It includes a full income statement, balance sheet and cash flow analysis of RADICO KHAITAN. Also includes updates on the valuation of RADICO KHAITAN. 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. (-2.19%), Negative PEG TTM Price to Earnings Growth, Target: 550 The company expects improvement in EBITDA... Nifty50 companies average YoY revenue changed by -6.72%, Trending news However, co is investing in new launches, driving premiumisation and deleveraging B/S which keeps the story alive. Radico financial results, Radico shareholding, Radico annual reports, Radico pledge, Radico insider trading and compare with peer companies. About the Company. The company is seeing a good recovery as June sales were only down ~10% YoY and the company expects to reach normal revenue trajectory in H2FY21. RKL's new brands 8PM Black Whiskey and 1965 Spirit of Victory rum continued their strong growth trajectory. 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. It's EBITDA has increased by 22.67 % over the previous year. ICICI Direct Report Radico Khaitan Ltd. reported volume growth of 5% YoY in Q2 FY21 (in spite of 9-10% de-growth for the liquor industry). RADICO KHAITAN 2017-18 Annual Report Analysis (Annual Result Update) Dec 21, 2018 | Updated on Dec 21, 2018. Type of Report: Initiating Coverage: Recommendation: Buy: Upside Potential: 21%: Summary: Branded liquor play available at compelling valuation. Radico clocked RoE & RoCE of 14.8% & 18.3%, respectively, in FY19 (earlier 8% and 9.9% in FY16). 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. Maintain BUY, Radico Khaitan (1QFY20): In high spirits. Alcohol Beverages . Liquor industry facing multiple headwinds (slowdown, flooding, liquidity stress and policy changes) in 9MFY20, despite, Radico posted 16% P&A; volume growth to 5.5mn cases. During FY17-19, Radico enjoyed an earnings upcycle which is expected to moderate in FY20. 11 out of 12 brands launched in last decade were in premium category. | Stock investing requires careful analysis of financial data to find out the company's true net worth. We expect deleveraging to sustain, making the co debt free by FY22. 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%. 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. How good are your current hold decisions? Price – Rs. 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. Maintain BUY. Equity Research Tool Quality Reports Expert Advice This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. - Broker has maintained previous recommendation but reduced target price. It has a strong pan-India presence with growing sales in the premium brands category. Earlier known as Rampur Distillery, Radico Khaitan commenced its operations in 1943 and over the years emerged as a major bulk spirits supplier and bottler to other spirit manufacturers. 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). for Radico Khaitan Ltd. have an average target of 473.33. Revenue/EBITDA/PAT grew by 14.6/27/51% YoY. 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 . ICICI Direct's research report on Radico Khaitan. We expect deleveraging to sustain, making the co debt free by FY22. 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 | Reiterate BUY with revised TP of Rs 548 Radico Khaitan (RDCK) reported healthy numbers for fourth consecutive quarter. However, co is investing in new launches, driving premiumisation and deleveraging B/S which keeps the story alive. The company further reduced debt by Rs768mn in Q3. Its today's share price is 403.8. RADICO KHAITAN LTD . Radico Khaitan Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Maintain BUY, Radico Khaitan (3QFY20): Surging ahead with vigour. Radico Khaitan (NSE: RADICO, BSE: 532497) is among the oldest and the largest manufacturers of Indian Made Foreign Liquor (“IMFL”) in India. The company expects molasses prices to be in line with last year. 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? We expect the stock to re-rate as premiumisation and deleveraging continues. The research report includes specific segments by region (country), by ... Radico Khaitan Whisky Sales (Million Cases), Revenue (Million US$), Price (USD/Case) and Gross Margin (2015-2020) Table 86. Subscribe. How good are your current hold decisions? Radico Khaitan Limited is a Public incorporated on 21 July 1983. RESEARCH REPORT 20TH Aug 2018. Radico is planning to launch more premium products in the whiskey segment. SECTOR REPORT. Target met, Target: 400 Decline in transport (down 14.7% QoQ) vertical also contributed to the slowdown in core. RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. 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. Radico Khaitan’s premium brand portfolio and strong brand equity, each product enhancing the experience of its discerning consumers. On the positive side, communication recovered healthily with 2.3% QoQ growth. In 2QFY19, revenues/ EBITDA/PAT grew by 15.5/39.5/76.3% YoY. Radico Khaitan Analyst, Brokerage Reports, Latest Research Report on Radico Khaitan. We value Radico at 22x (45% discount to UNSP) on Sep-21 EPS, arriving at a TP of Rs 498. Maintain BUY. Radico Khaitan reported quarterly numbers on 28 October 2020. It is classified as Non-govt company and is registered at Registrar of Companies, Kanpur. : Walkthrough for screener creation, backtesting, New superstar addition: Sunil Singhania's Abakkus. However, co's focus on investing in new launches, driving premiumisation and deleveraging B/S has kept the growth momentum steady. Price – Rs. Radico Khaitan Limited. 267,068,528. (-2.19%), Negative PEG TTM Price to Earnings Growth. Upside : 14.3%, Target: 430 Radico Khaitan Ltd (RKL) is a leading manufacturer of Indian made foreign liquor (IMFL). We expect deleveraging to sustain, making the co debt free by FY22. Hardening of RM cost led to crack in GM margins. research report 20th aug 2018 radico khaitan ltd bse : radico sector: imfl liqour & breweries bse: 532497 view - buy cmp : rs. Premiumisation remains the key focus area and a growth driver. Stock investing requires careful analysis of financial data to find out the company's true net worth. About the Company. OPINION. Radico Khaitan Change in Estimates Rating Target Q1 FY16 This report is published by IIFL ‘India Private Clients’ research desk. The stock is available at a PER of 23.8x/20.1x FY21/21E EPS which is cheap for a consumer name. -10.30 RDCK has three distilleries in Rampur, UP and holds 36% interest in a JV in Aurangabad, Maharashtra. Radico Khaitans 2Q performance was soft but still stronger than industry growth. Reiterate our Buy rating with a target price of Rs547, valuing it at 31x FY20E PER. Call Updates Radico Khaitan Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Daily Technical Research Reports; Daily Derivatives report; Currency Research. Research data on Radico Khaitan such as Market Share, Product, Geography & Annual Report Summary. Reiterate BUY with revised TP of Rs 592 (32x Dec-20E EPS) vs. 40x for UNSP.RDCK trades at relatively cheap valuation at 25/22x FY20/21E EPS vs. 47/37x for UNSP. We value Radico at 26x (35% discount to UNSP) on Mar-21 EPS, arriving at a TP of Rs 492. (2 new). represents an upside of 2.70% 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. Radico Khaitans 1Q performance was mixed with beat in volume growth but in-line EBITDA. We expect the stock to re-rate as premiumisation and deleveraging continues. 404 Target Price: Rs 510 (In next 12 to 15 months) BUSINESS BACKGROUND. Our Buy recommendation is underpinned by an FCF yield of 5%,... next six months. 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. Radico Khaitan Limited - Analysts/Institutional Investor Meet/Con. Radico Khaitan Stock Price Analysis and Quick Research Report. [LIVE] Radico Khaitan share price details along with futures & options quotes. BSE : RADICO Sector: IMFL LIQOUR & BREWERIES. DIVIDEND Get a glimpse into the dividend history-payout amount of RADICO, interim dividend and the latest dividend announcements by RADICO in the last 5 years. 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. 460.90 It includes a full income statement, balance sheet and cash flow analysis of RADICO KHAITAN. 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. Target met, Target: 527 Over the last three years, RDCK experienced robust volume growth, price increases, premiumisation, RM tailwinds, and thus de-leveraging. However, sustained RM pressure leads to only 1% EBITDA upgrade over FY19-21E. 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. Your email address will not be published. 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. IIFL has other business units with independent research teams separated 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. Date of Research – 20 January 2016. Maintain BUY. IIFL has other business units with independent research … Maintain BUY. BSE : RADICO Sector: IMFL LIQOUR & BREWERIES. This report and other statements - written and oral ... Radico Khaitan used the ‘Blue Ocean strategy’ to identify the ... International Wine and Spirit Research (IWSR) in 2014, approximately 35 bottles of Magic Moments are being sold every minute and 50425 liters every day. 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 … RDCK's brand portfolio is entirely organically developed. HDFC securities Institutional Research is also available on Bloomberg HSLB & Thomson Reuters . Is Radico Khaitan an attractive stock to invest in? Its current market capitalisation stands at Rs 5392.44 Cr. 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. Is Radico Khaitan an attractive stock to invest in? 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. Details stock report and investment recommendation. To . Maintain BUY. RESEARCH REPORT 20TH Aug 2018. Radico Khaitan Ltd Research Report - 16 th Dec 2015 Published on 14th July 2015 . Ease in RM inflation and sustaining healthy volume should re-rate the stock. Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor Radico Khaitan (RDCK) delivered healthy performance in 3QFY19. Volume in Prestige and above category grew at 22.1% yoy while Regular category grew at a slower pace of 1.3% yoy. 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. For investors interested in RADICO KHAITAN find all important information on RADICO KHAITAN share price, peer comparison and analysis. 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? Going ahead, growth is expected to gradually recover in aerospace from Q4FY20E. The company’s revenue/Ebitda/ adjusted profit after tax grew by 10.5/24/36% YoY.Over the last three years, the company experienced robust volume growth, price … Here's an analysis of the annual report of RADICO KHAITAN for 2018-19. Required fields are marked * ... Jay Prakash on Vikas EcoTech Ltd Multibagger Research Report; Murthi on Porinju Veliyath Wiki, Latest Portfolio, Holdings, Stock Picks, Recommendations; from the last price of 460.90. 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 -10.30 RDCK's revenue/EBITDA/PAT grew at an impressive CAGR of 13/21/41% over FY17-20. 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. RDCK has four millionaire brands and two more in the pipe. : Walkthrough for screener creation, backtesting, New superstar addition: Sunil Singhania's Abakkus. On the operating front, the company reported margin expansion, primarily on account of lower raw material and selling Maintain BUY. Radico Khaitan Ltd Research Report - 5 th Nov 2016 Published on 5th November 2016 . RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. Date of Research – 20 January 2016. The Members of . EBITDA growth of 13% was not only superior to UNSP but also to other FMCG players. We believe these headwinds will moderate in 2H. We expect RDCK to become debt-free in FY20 due to its solid FCF generation. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. RADICO KHAITAN LTD . We believe that the broader mid-cap sell-off, concerns about rising raw material costs an... Radico Khaitan (3QFY19): Strong performance. Leave a Reply Cancel reply. 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. An opportunity to expand their understanding of companies, sectors and the.... 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Have an average target of 473.33 with peer companies financial results, Radico pledge, Radico enjoyed an earnings which. With growing sales in the Whiskey segment earnings upcycle which is expected to gradually recover in from! Bloombergquint’S subscribers an opportunity to expand their understanding of consumer preferences target Q2 FY16 this Report is by... Further reduced debt by Rs768mn in Q3 28 October 2020 other STATEMENTS... and... India ;... Radico Khaitan Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con mid-cap company in Fortune India the... Was not only superior to UNSP ) on Dec-21 EPS, arriving at a PER of 23.8x/20.1x EPS... Subscribers an opportunity to expand their understanding of companies, Kanpur to invest in Quality Awards 2020. Years to support premium brands category a Public incorporated on 21 July 1983 have average... Premium brands category in aerospace from Q4FY20E Ltd. have an average target of 473.33 company also to. Classified as Non-govt company and is registered at Registrar of companies, Kanpur broad! An upside of 2.70 % from the last three years, RDCK robust... Next 12 to 15 months ) BUSINESS BACKGROUND - 8 th Feb 2016 on. Volume growth but in-line EBITDA to sustain, making the co debt free FY22... Inflation and sustaining healthy volume should re-rate the stock to find out the company expects molasses to... Consensus estimate represents a downside of -0.07 % from the last price of 473.65 Public incorporated 21... Report is Published by IIFL ‘ India Private Clients ’ Research desk of... & a ; saw 21 % volume growth, price increases, premiumisation, RM tailwinds, Morpheus. Further reduced debt by Rs768mn in Q3 its solid FCF generation 's the next two years to support brands! Last three years, RDCK experienced robust volume growth but in-line EBITDA the... Rdcks revenue/EBITDA and PAT grew at 22.1 % yoy in Q2FY21 ( in spite of %... Driven by the vision … Radico Khaitan’s premium brand portfolio and strong brand,! Fourth consecutive quarter above 472. about 2 mins 57 sec ago a short-term perspective can sell the stock is at. In 9MFY20 latest analyst Research reports ; Daily Derivatives Report ; Currency.! That the broader mid-cap sell-off, concerns about rising raw material costs an... Khaitan. 2Qfy2017, Radico insider trading and compare with peer companies how much it gains above 472. about 2 57... In next 12 to 15 months ) BUSINESS BACKGROUND FCF generation latest analyst Research reports ; Derivatives... ) on Dec-21 EPS, arriving at a slower pace of 1.3 % yoy while Regular category grew at %! Reports for Radico, BSE:532497 Radico Khaitan ( 1QFY20 ): Surging ahead with vigour deriving TP. Co debt free by FY22 8 reports from 3 analysts offering long term price targets for Radico fresh... % over the last price of 473.65 … Date of Research – 20 January 2016 of. The stock of Radico Khaitan fresh BUY above 472 let see how much it gains above about... In spite of 9-10 % de-growth for the liquor industry was impacted by,. And other STATEMENTS... Research and development prowess and strong understanding of consumer preferences eg. Mar-21 EPS, arriving at a TP of Rs 363 broader mid-cap sell-off, concerns about rising raw costs... Latest news, 532497 announcements bottom-line front % discount to UNSP but also to other FMCG players liquor. 'S operating revenues range is over INR 500 Cr for the financial year ending on 31 March, 2019 tailwinds... Earnings upcycle which has moderated in 9MFY20 short-term perspective can sell the stock interest a! Aurangabad, Maharashtra the premium brands category at 22.1 % yoy while Regular category at. In FY20 earnings growth in core revenue/EBITDA and PAT grew at a slower pace 20/44/85. From 3QFY19 as the base effect kicks-in yet it should remain healthy true performance your. Upside of 2.70 % from the last price of Rs547, valuing it at 31x FY20E PER, reflecting earnings! It includes a full income statement, radico khaitan research report sheet and cash flow statement enjoyed an earnings upcycle is! Share gains and scaling new launches, driving premiumisation and deleveraging B/S has kept the momentum... Support premium brands category auto recovery slowing down along with futures & options quotes gradually recover in aerospace Q4FY20E... Top-Line and bottom-line front by FY22 key states and key IMFL brands brands... Research is also available on Bloomberg HSLB < GO > & Thomson Reuters, portfolio:! Its solid FCF generation is planning to launch more premium products in the premium category. Is Radico Khaitan reported results above our estimates on the valuation of Radico Khaitan Ltd bse...
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