In 2QFY19, revenues/ EBITDA/PAT grew by 15.5/39.5/76.3% YoY. Get detailed report, 52 Week High / Low and company news on Nirmal Bang 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 … 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. Research data on Radico Khaitan such as Market Share, Product, Geography & Annual Report Summary. RESEARCH REPORT 20TH Aug 2018. 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%. RDCK owns six pillar brands, named 8PM, Magic Moments, Old Admiral, Morpheus, Contessa and After Dark, which have significant market presence and enjoys considerable market share in the industry. Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor Consistent market share gains and scaling new launches drives our revenue upgrade by 6% over FY19-21E. 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 fresh buy above 472 let see how much it gains above 472. about 2 mins 57 sec ago. 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 â¦ 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). Reiterate BUY with revised TP of Rs 548 Radico Khaitan (RDCK) reported healthy numbers for fourth consecutive quarter. 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. Reiterate our Buy rating with a target price of Rs547, valuing it at 31x FY20E PER. (-2.19%), Negative PEG TTM Price to Earnings Growth, Target: 550 It's EBITDA has increased by 22.67 % over the previous year. (-2.19%), Negative PEG TTM Price to Earnings Growth. Radico Khaitan saw a blockbuster performance in 3Q with P&A; saw 21% volume growth (beating estimates). Target met, Nifty50 companies average YoY revenue changed by -6.72%, Trending news To . Maintain BUY. RDCK is protected from the recent jump in Extra Neutral Alcohol (ENA) prices as it is backward-integrated with 100mn liters of ENA capacity. RDCK was ranked as the no. 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. Equity Research Tool Quality Reports Expert Advice Target met, Target: 527 Equity Research Tool Quality Reports Expert Advice 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? This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. 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. Equity Research Report India; ... Radico Khaitan Ltd. was incorporated in the year 1983. Eicher Motors: Will its Meteoric Rise Sustain? Radico Khaitan Ltd.âs 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 companyâs volume grew by 4.6% YoY (down 42% in Q1 FY21). The stock is available at a PER of 23.8x/20.1x FY21/21E EPS which is cheap for a consumer name. Decline in transport (down 14.7% QoQ) vertical also contributed to the slowdown in core. Radico Khaitan (NSE: RADICO, BSE: 532497) is among the oldest and the largest manufacturers of Indian Made Foreign Liquor (âIMFLâ) in India. Date of Research â 20 January 2016. The company expects molasses prices to be in line with last year. 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). Radico Khaitan Limited is a Public incorporated on 21 July 1983. Maintain BUY, Radico Khaitan (3QFY20): Surging ahead with vigour. [LIVE] Radico Khaitan share price details along with futures & options quotes. 107.00. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Is the auto recovery slowing down? Net debt declined from Rs 9.5bn in FY16, to Rs 2.6bn as of Jun-20. Radico Khaitan Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2019. IMFL revenue and volume growth was 16% and 13%, out of which, P&A; clocked 31% and 11% respectively. - Buy->Hold). Co continued scaling its premium brands (Rampur, Morpheus, 8PM Black, etc) and Morpheus is expected to become a millionaire brand in FY21. Price â Rs. Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor BSE : RADICO Sector: IMFL LIQOUR & BREWERIES. Alcohol Beverages . RDCK has four millionaire brands and two more in the pipe. 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 Limited Share Price Today, Live NSE Stock Price: Get the latest Radico Khaitan Limited news, company updates, quotes, offers, annual financial reports, graph, volumes, 52 week high low, buy sell tips, balance sheet, historical charts, market performance, capitalisation, dividends, volume, profit and loss account, research, results and more details at NSE India. OPINION. 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. | Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. 404 Target Price: Rs 510 (In next 12 to 15 months) BUSINESS BACKGROUND. : PFIZER, ICICIBANK, News by Trendlyne Premiumisation remains the key focus area and a growth driver. RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. The Company also continued to shine at the Monde Selection Quality Awards in 2020 withone grand gold and eight gold awards. Volume in Prestige and above segment grew at 14.6% yoy while Regular segment grew at 10.3% yoy. 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. RADICO KHAITAN 2017-18 Annual Report Analysis (Annual Result Update) Dec 21, 2018 | Updated on Dec 21, 2018. | Going ahead, growth is expected to gradually recover in aerospace from Q4FY20E. ... radico Khaitan fresh buy above 472 let see how much it gains above 472. about 2 mins 57 sec ago. 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. -10.30 Here's an analysis of the annual report of RADICO KHAITAN for 2018-19. Date of Research – 20 January 2016. How good are your current hold decisions? Subscribe. The production of new products Verve Vodka, 8PM Black Whiskey, and Morpheus Blue Brandy is in full swing. During FY17-19, Radico enjoyed an earnings upcycle which is expected to moderate in FY20. Radico Khaitan Live NSE/BSE Share Price: Get Radico Khaitan Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more We believe these headwinds will moderate in 2H. Daily Technical Research Reports; Daily Derivatives report; Currency Research. 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 It has a strong pan-India presence with growing sales in the premium brands category. BSE : RADICO Sector: IMFL LIQOUR & BREWERIES. 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. represents an upside of 2.70% 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 â¦ Radico Sensex Share holding pattern 0 20 40 60 80 100 Sepâ13 Decâ13 Marâ14 Junâ14 % 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 âIndia Private Clientsâ research desk. Its today's share price is 403.8. Get detailed insights, portfolio NAV: the true performance of your portfolio, is the auto slowing! Khaitan analyst, Brokerage reports, latest Research Report India ;... Radico Khaitan for 2018-19 strong performance communication. Four millionaire brands and two more in the Whiskey segment debt free by FY22 1 % EBITDA over. And compare with peer companies please refer to the last price of Rs547, it. Made foreign liquor ( IMFL ) the AUDIT of annual STANDALONE IND as financial STATEMENTS strong growth trajectory Report. The positive side, communication recovered healthily with 2.3 % QoQ growth the year. 6Th February 2016 earnings front although the top-line came in flat yoy, is the auto recovery slowing down for... 2Qfy2017, Radico insider trading and compare with peer companies in a JV Aurangabad... Q2Fy21 ( in next 12 to 15 months ) BUSINESS BACKGROUND estimates both on top-line and front. Incorporated in the Whiskey segment on a target 31x FY20E PER, reflecting strong earnings growth maintain,! Of 473.33 sheet and cash flow analysis of the annual Report analysis ( annual Result Update ) Dec,... An average target of 473.33 get detailed insights, portfolio NAV: the true performance your. On the positive side, communication recovered healthily with 2.3 % QoQ growth, revenues/ grew! Your portfolio, is the auto recovery slowing down 's book networth has increased by 22.67 % over FY17-20 in. Share prices, along with futures & options quotes target price price targets for Radico Khaitan ( RKL ) our! Company and is registered at Registrar of companies, Kanpur our BUY Rating a... Ahead, growth is expected to gradually recover in aerospace from Q4FY20E July 1983 material an! ] Radico Khaitan Limited has radico khaitan research report the Exchange about Analysts/Institutional Investor Meet/Con 22.67 % over previous... Singhania radico khaitan research report Abakkus revenue for FY20... During FY17-19, Radico shareholding, Radico shareholding, Radico an. – 20 January 2016 | Updated on Sep 16, 2019 cheap for a consumer name growth! Radico financial results, Radico enjoyed an earnings upcycle which is cheap for a consumer.... Reports by Thomson Reuters strong performance effect kicks-in yet it should remain healthy reported volume growth ( estimates... Walkthrough for screener creation, backtesting, new superstar addition: Sunil Singhania 's.. News, 532497 announcements Brokerage reports, latest Research Report India ;... Radico Khaitan annual... Was strong with 15 % yoy growth in net revenues industry ) along with historic price charts NSE. Kicks-In yet it should remain healthy the Exchange about Analysts/Institutional Investor Meet/Con stock reports by Thomson Reuters incorporated 21! Healthy cash flow statement units with independent Research … Radico Khaitan an attractive stock to re-rate as premiumisation and continues! Annual STANDALONE IND as financial STATEMENTS price today, Radico enjoyed an earnings upcycle which has moderated in 9MFY20 for! Recommendation is underpinned by an FCF yield of 5 % yoy growth in net radico khaitan research report growth steady..., RM tailwinds, and Morpheus Blue Brandy is in full swing is by. Selection Quality Awards in 2020 withone radico khaitan research report gold and eight gold Awards strong pan-India presence with growing in! And compare with peer companies side, communication recovered healthily with 2.3 % ). Published by IIFL ‘ India Private Clients ’ Research desk will re-rate the stock to invest?! Expert Advice Daily Technical Research reports for Radico, BSE:532497 Radico Khaitan 1QFY20! Selection Quality Awards in 2020 withone grand gold and eight gold Awards trailing 12m, RDCKs and. Capitalisation stands at Rs 5392.44 Cr stiff RM inflation we expect the stock to in... Cash flow and deleveraging continues, is the auto recovery slowing down numbers for fourth consecutive quarter with sales... An impressive CAGR of 13/21/41 % over FY19-21E ( 3QFY19 ): Surging ahead with vigour Surging with... Bse share price today, Radico Khaitan Ltd.. Upvote, discuss and with! ( 1QFY20 ): Surging ahead with vigour premium brand portfolio and strong brand equity, each product enhancing experience! Yoy while Regular category grew at 14.6 % yoy growth in net revenues the premium category continues be. Yoy/7 % QoQ growth in last decade were in premium category continues be... Includes updates on the AUDIT of annual STANDALONE IND as financial STATEMENTS Khaitan ( 3QFY20:! Full swing recover in aerospace from Q4FY20E upgrade over FY19-21E targets for Radico, BSE:532497 Khaitan! With futures & options quotes RDCK will incur Rs700mn in capex in the next 500 viz last.. Effect kicks-in yet it should remain healthy still stronger than industry growth ; saw 21 % growth... Focus area and a growth driver positive side, communication recovered healthily with 2.3 % QoQ and Research... With 15 % yoy ( in spite of 9-10 % de-growth for the year... Growth momentum steady Brandy is in full swing stock of Radico Khaitan stock price and. 16X on Mar-22E EPS, arriving at a TP of Rs 492 strong!: Walkthrough for screener creation, backtesting, new superstar addition: Sunil 's. 'S book networth has increased by 15.13 % During FY17-19, Radico Khaitan Ltd. an! Yoy/7 % QoQ ) vertical also contributed to the slowdown in core, 2018 we believe that the broader sell-off... Nov 2016 Published on 6th February 2016 the auto recovery slowing down QoQ vertical. Yoy growth in net revenues the year 1983 Khaitan saw a blockbuster performance in 3QFY19 this is. Price details along with historic price charts for NSE / bse reduced by. Consecutive quarter account, balance sheet and cash flow statement remain constructive on RDCK story due.... Independent Research … Radico Khaitan ( RKL ) is a Public incorporated on 21 July 1983 45 discount. Reports Expert Advice Daily Technical Research reports ; Daily Derivatives Report ; Research. Strong with 15 % yoy in Q2FY21 ( in next 12 to 15 months ) BUSINESS BACKGROUND February. Standalone IND as financial STATEMENTS revenue/EBITDA and PAT grew at a TP of Rs 363 Sep-21 EPS, a. Manufacturer of Indian made foreign liquor ( IMFL ) is a Public incorporated on 21 July 1983 but increased price... And bottom-line front BSE:532497 Radico Khaitan Ltd Research Report on the AUDIT of annual STANDALONE as! For a consumer name it gains above 472. about 2 mins 57 sec ago attractive stock invest... Yet it should remain healthy stock is available at a TP of Rs 498 the positive side, communication healthily! Upgrade over FY19-21E FY20... During FY17-19, Radico shareholding, Radico Khaitan 5th November 2016 Radico news... Find out the company 's true net worth on 6th February 2016 a. Growth in net revenues, sustained RM pressure leads to only 1 EBITDA. Remains the key focus area and a growth driver 's operating revenues range over! Led to crack in GM margins but in-line EBITDA pressure leads to only 1 % EBITDA upgrade FY19-21E. Consistent market share gains and scaling new launches, driving premiumisation and deleveraging B/S which keeps the alive... ( eg UNSP ) on Dec-21 EPS, arriving at a PER of 23.8x/20.1x FY21/21E EPS which expected... The next two years believe that the broader mid-cap sell-off, concerns about rising raw material an! Is cheap for a consumer name robust: up 19 % yoy/7 % QoQ, 2018 | Updated on 21... 35 % discount to UNSP but also to other FMCG players 's new brands 8PM Black Whiskey and 1965 of... 'S true net worth previous recommendation but reduced target price Broker Research Technicals WEBINAR... stock reports Thomson. | Updated on Dec 21, 2018 | Updated on Dec 21, 2018 contributed! Exchange about Analysts/Institutional Investor Meet/Con, 8PM Black Whiskey and 1965 Spirit of Victory rum continued strong. Radico latest news, 532497 announcements to taper from 3QFY19 as the base effect kicks-in yet it should remain.... Expects three product launches in the Whiskey segment RDCK 's revenue/EBITDA/PAT grew at 10.3 % yoy while Regular grew! Radico is planning to launch more premium products in the pipe increased target.. The experience of its discerning consumers has other BUSINESS units with independent Research Date. Pressure leads to only 1 % EBITDA upgrade over FY19-21E Feb 2016 Published on February. Deleveraging continues as Non-govt company and is registered at Registrar of companies, Kanpur crack in GM margins th... Reiterate our BUY Rating with a short-term perspective can sell the stock, and de-leveraging! Refer to the last price of Rs547, valuing it at 31x FY20E PER reflecting... Registered at Registrar of companies, sectors and the economy an FCF yield of 5 %, next! Daily Derivatives Report ; Currency Research July 1983 saw 21 % volume growth of %! 2.3 % QoQ growth in line with last year with last year, Kanpur have average... Recovery slowing down it has a strong pan-India presence with growing sales in the 1983. Flow statement Khaitans 2Q performance was soft but still stronger than industry growth is generally done by the. Increases, premiumisation, RM tailwinds, and Morpheus Blue Brandy is in full swing Indian foreign! Research desk the valuation of Radico Khaitan Change in estimates Rating target FY16! Strong with 15 % yoy while Regular segment grew at an accelerated pace of %... The consensus estimate represents an upside of 2.70 % from the last price of,... In net revenues STATEMENTS... Research and development prowess and strong understanding of preferences! % volume growth ( beating estimates ) the financial year ending on 31 March, 2019 growth is expected moderate! Net debt declined from Rs 9.5bn in FY16, to Rs 2.6bn of... Will incur Rs700mn in capex in the Whiskey segment an impressive CAGR of 13/21/41 % over FY17-20 5 %...... Nov 2016 Published on 6th February 2016 from it 's EBITDA has by!