Radico Khaitan Ltd. News and Updates

Name: Latest research reports of Radico Khaitan Ltd. authored by Angel Broking and published by - Trendlyne research reports.
Item: Radico Khaitan Ltd.
Rating: 5
Author: Angel Broking

Keep track of all breaking news on Radico Khaitan Ltd. from all sources in a single place.

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Radico Khaitan Ltd.

13 Jan 2016

2459.70

0.50%

HSBC cuts stake in Radico Khaitan to 5.89%

Business Line

HSBC Global Investments Funds today reduced its stake in liquor firm Radico Khaitan to 5.89 per cent after offloading shares in the open market.HSBC sold 8,52,192 shares of Radico Khaitan.As per Radi...

Motilal Oswal increased Buy price target of Radico Khaitan Ltd. to 3000.0 on 26 May, 2025.

Radico Khaitan Ltd.

26 Nov 2015, 04:25PM

2459.70

0.50%

United Spirits, Radico Khaitan Slump as Bihar Braces for Alcohol Ban

NDTV Business

Liquor stocks such as United Spirits and Radico Khaitan witnessed selloff after Bihar Chief Minister Nitish Kumar announced that alcohol will be banned in the state from April 1 next year.

Motilal Oswal increased Buy price target of Radico Khaitan Ltd. to 3000.0 on 26 May, 2025.

Liquor co stocks tumble on Bihar ban plan

Business Line | 27 Nov 2015, 01:39PM 1 more

Radico Khaitan Ltd.

13 Nov 2015

2459.70

0.50%

Radico Khaitan income rises 25% on higher sales

Business Line

Liquor major Radico Khaitan has posted a 25 per cent increase in net income to 18.6 crore on account of higher sales of its premium range of brands. The net sales, however, declined...

Radico Khaitan Ltd. has gained 50.55% in the last 1 Year

Radico Khaitan Ltd.

10 Nov 2015

2459.70

0.50%

Radico Khaitan Ltd- Research Report

Buy: Radico Khaitan Ltd.

Angel Broking

For 2QFY2016, Radico Khaitan (RKL)s results have come in above our estimates. The companys top-line grew by 2% yoy, mainly due to growth in Prestige and above products segment. On the operating front, the company reported margin expansion, primarily on account of lower selling & distribution and other expenses. Further, on the bottom-line front, the company reported a healthy growth due to strong operating performance and lower interest cost. Regular & others products segment de-grew which restricted overall top-line growth but Healthy volume growth in Prestige & above products segment: For the quarter, RKLs top-line grew by ~2% yoy to ~Rs370cr (our estimate was of ~ Rs364cr), mainly due to healthy volume growth in Prestige and above products segment (up ~8.5%). Prestige and above brands contribution to total Indian made foreign liquor (IMFL) volumes increased from 21.2% in 2QFY2015 to 24.7% in 2QFY2016. However, de-growth in Regular & others products segment which contribute more than 75% of total sales, restricted the overall top-line growth of the company. The company is continuously focusing on the Premium products segment to increase sales which is a high margin business. PAT grew ~25% yoy: The reported net profit for the quarter grew by 25%...