Maintain BUY. We expect RDCK to become debt-free in FY20 due to its solid FCF generation. Management expects three product launches in the next two years. RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. - Sell->Hold). This Report and other statements ... research and development prowess and strong understanding of consumer preferences. Maintain BUY. Taking into account... During FY17-19, Radico enjoyed an earnings upcycle which is expected to moderate in FY20. 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. -10.30 460.90 Co continued scaling its premium brands (Rampur, Morpheus, 8PM Black, etc) and Morpheus is expected to become a millionaire brand in FY21. Top down heady, bottom up insipid. Is Radico Khaitan an attractive stock to invest in? Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. : FII/DII and peer comparison charts, Maruti Suzuki India: Production increase is a strong signal, Radico Khaitan (4QFY20): Outperformance continues. Reiterate our Buy rating with a target price of Rs547, valuing it at 31x FY20E PER. 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. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. 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. IIFL has other business units with independent research … Radico Khaitan (RDCK) delivered healthy performance in 3QFY19. SECTOR REPORT. 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. 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%. Radico Khaitan Limited ("RKL") is among the oldest and one of the largest manufacturers of Indian Made Foreign Liquor ("IMFL") in India. Net debt declined from Rs 9.5bn in FY16, to Rs 2.6bn as of Jun-20. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. It's EBITDA has increased by 22.67 % over the previous year. 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. About the Company. Radico Khaitan saw a blockbuster performance in 3Q with P&A; saw 21% volume growth (beating estimates). Research data on Radico Khaitan such as Market Share, Product, Geography & Annual Report Summary. 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. Call Updates 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). Full Report: Click here to download the file in pdf format: Tags: ICICI-Direct, Radico Khaitan: Branded liquor play available at compelling valuation. : Walkthrough for screener creation, backtesting, New superstar addition: Sunil Singhania's Abakkus. TH RESEARCH REPORT 20 Aug 2018 RADICO KHAITAN LTD BSE : RADICO Sector: IMFL LIQOUR & BREWERIES BSE: 532497 Position: Close CMP : Rs. Find detailed report in terms of 52 week high / low, charts, research reports, news, peer comparison, financial reports, balance sheet, profit & loss account, results and more. Abhishek Khaitan is Managing Director at Radico Khaitan Ltd. See Abhishek Khaitan's compensation, career history, education, & memberships. 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. 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. 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. from the last price of 460.90. RADICO KHAITAN 2017-18 Annual Report Analysis (Annual Result Update) Dec 21, 2018 | Updated on Dec 21, 2018. Equity Research Report India; ... Radico Khaitan Ltd. was incorporated in the year 1983. It includes a full income statement, balance sheet and cash flow analysis of RADICO KHAITAN. At the same time, it's book networth has increased by 15.13 %. 11 out of 12 brands launched in last decade were in premium category. 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 Date of Research – 20 January 2016. Having entered in branded IMFL segment in late 90s, RDCK has established a wide range of products across different price levels and expanded its presence in the market. Radico Khaitan Change in Estimates Rating Target Q2 FY16 This report is published by IIFL ‘India Private Clients’ research desk. Maintain BUY, Radico Khaitan (1QFY20): In high spirits. How good are your current hold decisions? 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. 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. We expect deleveraging to sustain, making the co debt free by FY22. The company’s top-line grew by ~11% yoy to `447cr on back of higher sales of premium products, while the bottom-line grew However, co is investing in new launches, driving premiumisation and deleveraging B/S which keeps the story alive. 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. 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 404 Target Price: Rs 510 (In next 12 to 15 months) BUSINESS BACKGROUND. Equity Research Tool Quality Reports Expert Advice Radico Khaitan Limited. Radico Khaitan Analyst, Brokerage Reports, Latest Research Report on Radico Khaitan. Radico Khaitan Ltd Live BSE Share Price today, Radico latest news, 532497 announcements. 940,000,000 and its paid up capital is Rs. Robust cash flow generation over the last 2 years (Rs 4.4bn cumulative FCF) was redeployed to repay debt (Rs 3.5bn in Sep-19 as compared to 7.9bn in Mar-17). Please refer to the last page of the report on Restrictions on Distribution. 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. We expect the stock to re-rate as premiumisation and deleveraging continues. Radico Khaitan Ltd Research Report - 16 th Dec 2015 Published on 14th July 2015 . REPORT ON THE AUDIT OF ANNUAL STANDALONE IND AS FINANCIAL STATEMENTS. The company is also a supplier of Indian made Indian liquor (IMIL) and bulk alcohol in … 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 . represents an upside of 2.70% Maintain BUY. [LIVE] Radico Khaitan share price details along with futures & options quotes. However, sustained RM pressure leads to only 1% EBITDA upgrade over FY19-21E. In 2QFY19, revenues/ EBITDA/PAT grew by 15.5/39.5/76.3% YoY. 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 … 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. The stock is available at a PER of 23.8x/20.1x FY21/21E EPS which is cheap for a consumer name. 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). Ease in RM inflation and sustaining healthy volume should re-rate the stock. Here's an analysis of the annual report of RADICO KHAITAN for 2018-19. The consensus estimate Radico Khaitan Ltd (RKL) is a leading manufacturer of Indian made foreign liquor (IMFL). It is classified as Non-govt company and is registered at Registrar of Companies, Kanpur. RDCK has three distilleries in Rampur, UP and holds 36% interest in a JV in Aurangabad, Maharashtra. Healthy cash flow and deleveraging will re-rate the stock. Radico Khaitans 1Q performance was mixed with beat in volume growth but in-line EBITDA. 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. 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. Radico financial results, Radico shareholding, Radico annual reports, Radico pledge, Radico insider trading and compare with peer companies. Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor Stock investing requires careful analysis of financial data to find out the company's true net worth. 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). Other metrics include Ad Spend,Mgmt Compensation,Sales Volume, Radico Khaitan Change in Estimates Rating Target Q1 FY16 This report is published by IIFL ‘India Private Clients’ research desk. Radico Khaitan Limited - Analysts/Institutional Investor Meet/Con. RESEARCH REPORT 20TH Aug 2018. Call Updates Price – Rs. 1 mid-cap company in Fortune India's The Next 500 viz. Hardening of RM cost led to crack in GM margins. 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 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. Radico Khaitan Live NSE/BSE Share Price: Get Radico Khaitan Stock Price details, News, Financial Results, Stock Charts, Returns, Research Reports and more Target met, Nifty50 companies average YoY revenue changed by -6.72%, Trending news 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 … The company expects improvement in EBITDA... Nifty50 companies average YoY revenue changed by -6.72%, Trending news The 8 reports from 3 analysts offering long term price targets IIFL has other business units with independent research teams separated On the operating front, the company reported margin expansion, primarily on account of lower raw material and selling Radico Khaitan Stock Price Analysis and Quick Research Report. RADICO KHAITAN LTD . 267,068,528. Radico financial results, Radico shareholding, Radico annual reports, Radico pledge, Radico insider trading and compare with peer companies. Revenue for FY20... During FY17-19, Radico enjoyed an earnings upcycle which has moderated in 9MFY20. The Company also continued to shine at the Monde Selection Quality Awards in 2020 withone grand gold and eight gold awards. Target met, Target: 400 Upside : 10.0%, Target: 460 Radico Khaitan Main Product Table 87. 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. Maintain BUY. Upside : 14.3%, Target: 430 : PFIZER, ICICIBANK, News by Trendlyne Investors with a short-term perspective can sell the stock of Radico Khaitan at current levels. How good are your current hold decisions? 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. 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%. Target met, Target: 527 Even in trailing 12m, RDCKs revenue/EBITDA and PAT grew at an accelerated pace of 20/44/85%. For 9MFY19, revenue/EBITDA/PAT grew at 18/37/69%. See 8 latest analyst research reports for RADICO, BSE:532497 Radico Khaitan Ltd.. Upvote, discuss and comment with all investors for free. The consensus estimate represents a downside of -0.07% from the last price of 473.65. 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 fresh buy above 472 let see how much it gains above 472. about 2 mins 57 sec ago. 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. Daily Currency Report; Equity Reports. On profitability front, gross margin expanded owing to combination of factors like better price realisation and favourable state and product mix and price increase in key southern state of Telangana. 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. Required fields are marked * ... Jay Prakash on Vikas EcoTech Ltd Multibagger Research Report; Murthi on Porinju Veliyath Wiki, Latest Portfolio, Holdings, Stock Picks, Recommendations; Alcohol Beverages . | It has a strong pan-India presence with growing sales in the premium brands category. The positive takeaways from our visit in RDCK's Rampur distillery in Uttar Pradesh (UP) r... Radico Khaitan (2QFY19): Firing on all cylinders. RESEARCH Pre-Market Advice Broker Research Technicals WEBINAR ... STOCK REPORTS BY THOMSON REUTERS. Volume growth of the premium category continues to be robust: up 19% yoy/7% qoq. Radico Khaitan (NSE: RADICO, BSE: 532497) is among the oldest and the largest manufacturers of Indian Made Foreign Liquor (“IMFL”) in India. research report 20th aug 2018 radico khaitan ltd bse : radico sector: imfl liqour & breweries bse: 532497 view - buy cmp : rs. Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, Is the auto recovery slowing down? Daily Technical Research Reports; Daily Derivatives report; Currency Research. Radico Khaitan Limited is a Public incorporated on 21 July 1983. Get Radico Khaitan Finance Ltd share prices, along with historic price charts for NSE / BSE. (2 new). The report titled "India Brandy Market Overview, 2018-2023" provides deep analysis of the Indian Brandy market with size in terms of both value and volume of overall brandy market, regular brandy market, premium & super premium brandy market and also provides market share of different segments. 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 for Radico Khaitan Ltd. have an average target of 473.33. We believe these headwinds will moderate in 2H. Radico Khaitan live stock/share price, Growth & Valuation Rating, Quarterly Results, financial ratio, balance sheet, annual/profit & loss result, news, shareholding, Investor Eicher Motors: Will its Meteoric Rise Sustain? 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. 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