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.

Load latest

Radico Khaitan Ltd.

12 May 2016

2560.70

-1.09%

Radico Khaitan Ltd

Buy: Radico Khaitan Ltd.

Target

Angel Broking

For 4QFY2016, Radico Khaitan (RKL) outperformed our estimates on the top-line front although the bottom-line came in flat yoy. The company's top-line grew by ~10% to Rs378cr on back of higher sales of premium products while the bottomline came in flat on a yoy basis at Rs15cr due to higher interest costs and taxes. During the quarter the ..

Radico Khaitan Ltd. has gained 26.97% in the last 3 Months

Radico Khaitan Ltd.

10 May 2016

2560.70

-1.09%

Radico Khaitan Q4 net flat at Rs 14.8 crore

Economic Times

Net sales of the company rose to Rs 436.4 crore for the fourth quarter, as against Rs 419.4 crore in the year-ago period, the company said in a statement.

Radico Khaitan Ltd. is trading above all available SMAs

Radico Khaitan tumbles 5% as firm post flat Q4 net profit

Economic Times | 11 May 2016

Radico Khaitan Ltd.

10 May 2016

2560.70

-1.09%

Sa les ahead of estimate, but margin falls short of expectation

Buy: Radico Khaitan Ltd.

Motilal Oswal

Sales ahead of estimate, but margin falls short of expectation Radico Khaitan's (RDCK) net sales grew by 10.4% YoY to INR3.8b (vs. our estimate of INR3.7b) in 4QFY16, with underlying volume down 4.9% YoY to...

Radico Khaitan Ltd. has an average target of 2999.33 from 3 brokers.

Radico Khaitan Ltd.

05 Apr 2016

2560.70

-1.09%

Pledging of shares may pressure Radico Khaitan

Business Line

Shares of Radico Khaitan may feel pressure following one of its promoters pledging more shares with a financial institution. In a post-market-hours disclosure, it said Sapphire Intrex has pledged 3....

Radico Khaitan Ltd. is trading above all available SMAs

Radico Khaitan Ltd.

06 Feb 2016

2560.70

-1.09%

Radico Khaitan Ltd- Research Report

Buy: Radico Khaitan Ltd.

Target

Angel Broking

For 3QFY2016, Radico Khaitan (RKL) outperformed our estimates on the earnings front although the top-line came in flat yoy. On the operating front, the company reported margin expansion, primarily on account of lower raw material and selling & distribution 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 flat yoy to ~Rs401cr (our estimate was of ~ Rs432cr), mainly due to the companys shift in focus towards prestige and above products over higher volume mass market products. During the quarter, Prestige & above brands volume grew ~10.7% yoy. Prestige and above brands contribution to total Indian made foreign liquor (IMFL) volumes increased from 21.4% in 3QFY2015 to 24.6% in 3QFY2016. However, de-growth in Regular & others products segment which contribute more than 75% of total sales volume, restricted the overall top-line growth of the company. The company is continuously focusing on the high-margin Premium products segment to increase revenue. PAT grew ~19% yoy: The reported net profit for the quarter grew...

Radico Khaitan Ltd. has an average target of 2999.33 from 3 brokers.

Radico Khaitan Ltd.

13 Jan 2016

2560.70

-1.09%

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...

Sharekhan increased Buy price target of Radico Khaitan Ltd. to 2951.0 on 15 May, 2025.

Radico Khaitan Ltd.

26 Nov 2015

2560.70

-1.09%

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.

Sharekhan increased Buy price target of Radico Khaitan Ltd. to 2951.0 on 15 May, 2025.

Liquor co stocks tumble on Bihar ban plan

Business Line | 27 Nov 2015 1 more

Radico Khaitan Ltd.

13 Nov 2015

2560.70

-1.09%

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 48.77% in the last 1 Year

Radico Khaitan Ltd.

10 Nov 2015

2560.70

-1.09%

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%...