Radico Khaitan Ltd

532497

Summary

Fair Value Assessment
Overvalued (38% Premium)
Fair ValueQ1,513.45UncertaintyHigh
Close Price2,099.20Feb 21, 2025
Market Closed
2,099.20
Price Down by 93.80 | 4.28 %
Previous Close
2,099.20
Day Range
2,078.10 – 2,157.50
Year Range
1,428.95 – 2,637.00
Bid / Ask
Market Cap
280.9 Bil
Volume / Average
14.3 k / 11.7 k
Beta
Shares Outstanding
133.80 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Radico Khaitan Ltd is an India-based liquor manufacturing company. Its products include whiskey, vodka, rum, brandy, and gin. The company's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy, and 8 PM Whisky among others. It has three distilleries in Rampur, Uttar Pradesh, and one in Aurangabad, Maharashtra. It produces extra neutral alcohol from molasses, as well as grain. It produces malt spirit and aged grain spirit, as well as matured malt spirit. The company operates in a single segment which is manufacturing and trading in Liquor & Alcohol. Geographically, it derives maximum revenue from India and the rest from overseas markets.
Contact
Mathura Road Plot No. J-1, Block B-1, New Delhi 110044
T +91 1140975444
www.radicokhaitan.com opens in a new tab
Sector
Consumer Defensive
Industry
Beverages - Wineries & Distilleries
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
3,795

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
45.18 40.10 31.43 28.37 23.93 24.01
Revenue Growth %
17.86% 29.19% 9.58% 19.49% -0.32% 15.71%
Gross Profit
18.02 16.01 13.15 12.33 11.71 11.26
Gross Profit Margin %
39.88% 39.93% 41.84% 43.48% 48.94% 46.90%
Operating Income
4.86 3.95 2.87 3.36 3.57 3.22
Operating Margin %
10.75% 9.85% 9.15% 11.83% 14.90% 13.40%
EBIT
4.90 4.04 2.97 3.40 3.68 2.99
EBIT Margin %
10.86% 10.07% 9.45% 11.98% 15.37% 12.44%
EBITDA
6.26 5.18 3.68 4.05 4.22 3.51
EBITDA Margin %
13.86% 12.91% 11.70% 14.27% 17.62% 14.62%
Net Income
3.07 2.62 2.20 2.63 2.77 2.29
Net Profit Margin %
6.81% 6.54% 7.01% 9.28% 11.58% 9.54%
Basic EPS
22.99 19.61 16.48 19.70 20.75 17.16
Diluted EPS
22.97 19.61 16.48 19.70 20.74 17.15
Normalized EPS
23.17 21.30 16.48 19.76 20.30 18.30
Total Dividends per Share
3.00 3.00 3.00 2.40 2.00 1.20
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
44.12 40.95 37.19 27.81 27.14 24.83
Total Liabilities
18.48 16.55 15.11 7.54 9.21 9.40
Total Debt
9.03 8.18 7.54 2.02 2.88 4.09
Total Equity
25.64 24.40 22.08 20.27 17.93 15.43
Cash And Cash Equivalents
0.56 1.00 1.22 1.01 1.21 0.10
Working Capital
8.86 8.67 7.92 9.58 8.06 5.79
Shares Outstanding (Bil)
0.13 0.13 0.13 0.13
Book Value Per Share
181.76 165.17 151.53 134.22 115.53
Total Debt To Equity
0.35 0.34 0.34 0.10 0.16 0.27
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
2.93 1.83 2.39 2.21 3.77 0.60
Cash From Investing Activities
-1.18 -2.42 -7.05 -1.07 -0.83 -0.68
Cash From Financing Activities
-1.59 0.24 4.87 -1.34 -1.83 0.44
Capital Expenditures
2.52 7.34 1.36 1.09 0.73
Free Cash Flow
1.39 -4.53 1.74 2.13 1.93
Change in Cash
0.16 -0.36 0.21 -0.20 1.11 0.35

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
Abhishek Khaitan (51) Director and Managing Director
Lalit Khaitan (81) Chairman of the Board and Managing Director
Amar Singh (60) Director and Executive Vice President, Manufacturing Operations
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Nippon India Small Cap Gr 1.67 0.85 2,228,907
Jan 31, 2025
Aditya BSL Flexi Cap Gr 1.49 2.03 1,992,431
-107,569
5.12%
Jan 31, 2025
Kotak Multicap Reg Gr 1.41 2.62 1,891,660
Jan 31, 2025
American Funds SMALLCAP World A 1.31 0.07 1,749,854
Dec 31, 2024
Tata AIA Life-Whole Life Mid-Cap Equity 1.25 2.15 1,671,791
204,221
13.92%
Aug 31, 2024
Total (for Top 5) 7.13 9,534,643
96,652

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