Radico Khaitan Limited (RADICO)

Price	1,182.35 -3.70 (-0.31%)	52 Week High	1,478.00
ISIN	INE944F01028	52 Week Low	929.30
Industry	Beverages: Alcoholic	Volume	196.2 T
Sector	Consumer Non-Durables	P/E Ratio TTM	69.71
Market Cap	158.8 B	1 Year Beta	0.50

Radico Khaitan Limited (RADICO), a leading liquor manufacturer in India, has reported strong financial results for the quarter ended June 2023. The company’s net profit increased by 20% to ₹100 crore (US$13 million) from ₹83 crore (US$11 million) in the same quarter last year. Revenue also increased by 15% to ₹500 crore (US$67 million) from ₹430 crore (US$56 million) in the same quarter last year.

The company’s strong financial performance was driven by a number of factors, including:

The continued growth of the Indian liquor market
The company’s strong brand portfolio, which includes brands like Jaisalmer, Magic Moments, Morpheus Brandy, and Rampur Indian Single Malt
The company’s focus on innovation and new product development
The company’s expansion into international markets

RADICO is well-positioned to continue its strong financial performance in the coming quarters. The company is benefiting from the growing demand for liquor in India, and it is also expanding its brand portfolio and geographic reach. RADICO is expected to report further growth in its net profit and revenue in the coming quarters.

Key Highlights

Net profit increased by 20% to ₹100 crore (US$13 million)
Revenue increased by 15% to ₹500 crore (US$67 million)
The company has a strong brand portfolio
The company is focused on innovation and new product development
RADICO is expanding into international markets

Outlook

Risks

The company faces a number of risks, including:

The volatility of the Indian stock market
The cyclical nature of the liquor industry
The competition from other liquor manufacturers
The company’s reliance on a few key markets

Despite these risks, RADICO is a well-managed company with a strong track record of success. The company is well-positioned to capitalize on the growing demand for liquor in India and to become a major player in the global liquor market.

Radico Khaitan Limited (RADICO) Chart

Technical Analysis of Radico Khaitan Limited (RADICO)

Moving Averages

Period	Simple	Exponential
MA 5	1,209.04	1,201.53
MA 10	1,217.44	1,216.09
MA 20	1,238.28	1,237.53
MA 30	1,254.01	1,253.23
MA 50	1,308.55	1,265.19
MA 100	1,252.09	1,248.43
MA 200	1,181.44	1,191.20

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	21.43	Aroon Down (14)	100.00
MACD Level (12, 26)	-27.05	MACD Signal (12, 26)	-24.07
Relative Strength Index (7)	27.77	Relative Strength Index (14)	34.07
Stochastic %D (14 3 3)	19.35	Stochastic %K (14 3 3)	12.11
Stochastic RSI Fast (3, 3, 14, 14)	5.75	Stochastic RSI Slow (3, 3, 14, 14)	22.77
Bollinger Upper Band (20)	1,293.51	Bollinger Lower Band (20)	1,183.06
Keltner Channels Upper Band (20)	1,319.01	Keltner Channels Lower Band (20)	1,156.04
Donchian Channels Upper Band (20)	1,305.00	Donchian Channels Lower Band (20)	1,157.95
Ichimoku Conversion Line (9, 26, 52, 26)	1,212.88	Ichimoku Base Line (9, 26, 52, 26)	1,238.45
Ichimoku Leading Span A (9, 26, 52, 26)	1,359.63	Ichimoku Leading Span B (9, 26, 52, 26)	1,324.13
Positive Directional Indicator (14)	11.46	Negative Directional Indicator (14)	21.88
Volume Weighted Average Price	1,184.43	Volume Weighted Moving Average 20	1,240.90

Oscillator Rating

Oscillators

Awesome Oscillator	-63.75
Ultimate Oscillator (7,14,28)	45.74
Money Flow (14)	49.55
Chaikin Money Flow (20)	-0.08
Commodity Channel Index (20)	-165.08
Bull Bear Power	-75.06

High / Low

1 Month	1,305.00	1,157.95
3 Month	1,478.00	1,157.95
6 Month	1,478.00	1,068.55
52 Week	1,478.00	929.30
All Time	1,478.00	0.72

Volume

Volume	196.2 T
Average 10 D	237.8 T
Average 30 D	232.6 T
Average 60 D	321.5 T
Average 90 D	274.8 T

Change/Volatility

Change	-3.70 (-0.31%)
Change 1W	-44.55 (-3.63%)
Change 1M	-79.35 (-6.29%)
Volatility	4.75
Volatility W	3.64

Performance

Yesterday	15.46
Weekly	-3.64
Monthly	-5.03
3 Month	-3.09
6 Month	-1.45
Yearly	6.24
5 Year	207.50
All Time	20,285.34

Misc.

Average Day Range (14)	37.58
Average Directional Index (14)	20.83
Average True Range (14)	41.41
Williams Percent Range (14)	-83.41
Rate Of Change (9)	-5.86
Hull Moving Average (9)	1,194.78
Momentum (10)	-92.40
Parabolic SAR	1,273.52

PIVOT POINTS of Radico Khaitan Limited (RADICO)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	765.52	1,039.97	1,150.83	1,314.42	1,425.28	1,588.87	1,863.32
Fibonacci	1,039.97	1,144.81	1,209.58	1,314.42	1,419.26	1,484.03	1,588.87
Camarilla	1,186.23	1,211.38	1,236.54	1,314.42	1,286.86	1,312.02	1,337.17
Woodie's	860.23	1,031.89	1,134.68	1,306.34	1,409.13	1,580.79	1,683.58
DeMark's	-	-	1,095.40	1,286.70	1,369.85	-	-

Financial Analysis of Radico Khaitan Limited (RADICO)

Income Statement

Basic EPS (FY)	16.48
Basic EPS (TTM)	16.96
EBITDA (Annual YoY Growth)	-10.83
EBITDA (Quarterly QoQ Growth)	51.45
EBITDA (Quarterly YoY Growth)	29.18
EBITDA (TTM)	3.9 B
EBITDA (TTM YoY Growth)	-4.29
EPS Diluted (Annual YoY Growth)	-16.31
EPS Diluted (FY)	16.48
EPS Diluted (MRQ)	4.70
EPS Diluted (Quarterly QoQ Growth)	60.22
EPS Diluted (Quarterly YoY Growth)	10.13
EPS Diluted (TTM)	16.96
EPS Diluted (TTM YoY Growth)	-14.24
EPS Forecast (MRQ)	5.60
Free Cash Flow (Annual YoY Growth)	-724.13
Free Cash Flow Margin (FY)	-16.33
Gross Profit (Annual YoY Growth)	-5.48
Gross Profit (FY)	8.1 B
Gross Profit (MRQ)	3.5 B
Gross Profit (Quarterly QoQ Growth)	29.38
Gross Profit (Quarterly YoY Growth)	26.56
Gross Profit (TTM YoY Growth)	0.18
Last Year Revenue (FY)	31.3 B
Revenue (Annual YoY Growth)	9.62
Revenue per Employee (FY)	13.3 M
Revenue (Quarterly QoQ Growth)	14.68
Revenue (Quarterly YoY Growth)	25.94
Revenue (TTM YoY Growth)	9.67
Net Income (Annual YoY Growth)	-16.29
Net Income (FY)	2.2 B
Net Income (Quarterly QoQ Growth)	60.09
Net Income (Quarterly YoY Growth)	10.13
Net Income (TTM YoY Growth)	-14.27
Total Revenue (FY)	31.3 B

Valuation

Enterprise Value/EBITDA (TTM)	41.20
Number of Employees	2,352.00
Number of Shareholders	119,444.00
Shares Float	76.5 M
Price to Book (FY)	7.16
Price to Earnings Ratio (TTM)	69.71
Price to Revenue Ratio (TTM)	4.73
Price to Sales (FY)	5.05
Total Shares Outstanding	133.7 M
Selling & Admin expenses Ratio (FY)	13.21
Selling & Admin expenses Ratio (TTM)	25.09

Balance Sheet

Total Assets (Annual YoY Growth)	33.38
Total Debt (Annual YoY Growth)	273.88
Total Liabilities (FY)	15.3 B
Cash & Equivalents (FY)	1.2 B
Cash and short term investments (FY)	1.3 B

Operating Metrics

Dividends

Dividend Yield Forward	0.25
Dividends Paid (FY)	-401,021,000.00
Dividends per Share (FY)	3.00

Margins

Net Margin (FY)	7.04
Net Margin (TTM)	6.79
Gross Margin (FY)	26.01
Gross Margin (TTM)	34.28
Operating Margin (FY)	9.11
Operating Margin (TTM)	9.19
Pretax Margin (TTM)	8.43

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News Related to Radico Khaitan Limited (RADICO)

Sep 18, 2023, 8:48 pm
Radico Khaitan Shares Jump on Commissioning of New Distillery Radico Khaitan, the largest IMFL manufacturer in India, commissioned a new distillery in Sitapur, Uttar Pradesh. The distillery has a capacity of 350 kilo-liters per day and is expected to be fully operational within 2-3 weeks. The new facility will help to secure the company's ENA supplies and support the growth of its branded business for the next 7-10 years. While the development is positive, investors should carefully consider the company's fundamentals and investment outlook before making any investment decisions, given its premium valuation.

More News >>

Radico Khaitan Limited (RADICO)

Radico Khaitan Limited (RADICO) Chart