Radico Khaitan Ltd.
Snapshot View

889.00 +2.75 ▲0.3%

05 August 2021, 04:00:00 P.M.
Volume: 29,619

Overview View Details

Sector Alcohol Compare with Sector peers
Industry Breweries & Distilleries Compare with Industry peers
Website http://www.radicokhaitan.com
Financial Indicators
Market Cap 11,899.64 Cr.
Earnings per share (EPS) 21.93 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 40.59 Trailing Twelve Months Ending 2021-06
Industry PE 75.39 Trailing Twelve Months Ending 2021-06
Book Value / Share 138.33 Trailing Twelve Months Ending 2021-06
Price to Book Value 6.44 Calculated using Price: 890.20
Dividend Yield 0.22 Period Ending 2020-03
No. of Shares Subscribed 13.37 Cr. 133,673,765 Shares
FaceValue 2
Company Profile

Radico Khaitan Limited (RKL) is one of the oldest and the largest manufacturers of Indian Made Foreign Liquor (IMFL) in India. Earlier known as Rampur Distillery, RKL commenced its operations in 1943, and over the years emerged as a major bulk spirits supplier and bottler to other spirit manufacturers.

Radico Khaitan Limited has come a long way in its exceptional journey of growth and brand creation to become one of the most admired liquor brands across India. It is one of the few companies in India to have developed its entire brand portfolio organically. With over 15 brands and their distinct variants, the rich history of 75 years continues to set the pace for today and shape the business outlook for tomorrow.

Radico Khaitan Limited is also one of the largest providers of branded IMFL to the Canteen Stores Department (CSD), which has significant business barriers to entry. The company has been successfully building its brand equity in international markets and currently exports its products to many countries.

Business Today Magazine, a leading business magazine from the India Today Group listed Radico Khaitan Limited among top 500 in the list of India’s most valuable companies.

Business area of the company

The company is engaged in the manufacturing and trading of alcoholic products such as Indian Made Foreign Liquor (IMFL), Alcohol, Country Liquor etc. The company has its presence in India as well as various other global markets.

Brands

Radico Khaitan’s four millionaire brands

  • 8PM whisky
  • Contessa rum
  • Old Admiral brandy
  • Magic Moments vodka
  • Magic Moments Verve
  • Magic Moments Electra
  • Rampur Indian Single Malt Whisky
  • Jaisalmer Indian Craft Gin
  • Morpheus XO Brandy
  • Morpheus Blue XO Premium Brandy
  • Regal Talons Premium Grain Whisky
  • Pluton Bay Rum
  • Whytehall Premium Brandy
  • Old Admiral Brandy

Awards

FY2018-19

  • Rated as the Best Gin produced out of Asia in 2019 at The Gin Guide Awards, the most respected honour for Gin in the world
  • Won double Gold Medal at the San Francisco World Spirits Competition in 2017 Whisky Advocate Magazine ranked it among the Top 20 Whiskies of the World at 5th position
  • Won Gold five times at the Global Monde Selection Awards in the calendar years - 2011, 2015, 2016, 2017 and 2018
  • Won Gold at the Global Monde Selection Awards in the calendar year 2019
  • Won Gold twice at the Global Monde Selection Awards in the calendar years - 2018 and 2019
  • Won Gold at the Global Monde Selection Awards in the calendar year 2019

FY2019-20

  • Won Grand Gold at the Global Monde Selection Awards in the calendar year 2020
  • Rated as the Best Gin produced out of Asia in 2019 at
  • The Gin Guide Awards, the most respected honour for Gin in the world
  • Gold Medal by The Fifty Best New York 2020
  • Scored 95 points in Ultimate Spirits Challenge 2020

Milestones

First phase (1943-1996)

  • The Rampur Distillery Company was established when it was a part of Khaitan family with a focus on distilling and bottling. The company manufactured high quality spirit for branded players and the armed forces’ canteen stores.
  • Gained significant experience as manufacturer of spirits and bottler for other companies.
  • Mr. Abhishek Khaitan, present Managing Director (MD) joined the family business and instilled the idea of creating own brands.

Second phase (1997-2006)

Established platform for the branded journey

  • Started the branded IMFL division and launched its first brand, 8PM whisky, becoming a millionaire brand within the first year of its launch.
  • Launched Old Admiral brandy in the regular category, became one of the leading brands in Canteen Stores Department (CSD).
  • Achieved sales volume of 10 million cases.
  • Made investment at the Rampur facility for creating a strong manufacturing platform for IMFL.
  • Developed a pan-India distribution and sales setup.

Third phase (2006-Present)

  • After creating brands in the high-volume regular categories, launched the first product in the premium category, Magic Moments vodka.
  • Launched Morpheus super premium brandy; Magic Moments became a millionaire brand.
  • Launched After Dark, a premium category whisky.
  • Launched Magic Moments Verve, a superpremium vodka followed by flavours of Verve.
  • Launched Electra, a premium ready-to-drink vodka-based cocktail.
  • Launched 1965- The Spirit of Victory premium rum, exclusively in CSD, commemorating India’s victory in the 1965 war; it built an emotional connect with the soldiers and the armed forces.
  • Launched Rampur Indian single malt luxury whisky.
  • Launched Regal Talons semi-deluxe whisky.
  • Launched Pluton Bay Premium rum.
  • Launched Jaisalmer, a luxury Indian craft gin, 8PM Premium Black whisky, and Morpheus Blue super premium brandy.
  • Launched newer expressions of Rampur Indian Single Malt - Rampur Sherry PX Finish and Rampur Double Cask.

Products launch timelines

  • 1981: Contessa XXX Rum (in CSD)
  • 1998: 8 PM Whisky
  • 2002: Old Admiral Brandy
  • 2004: Whytehall Whisky
  • 2006: Magic Moments Vodka
  • 2008: Magic Moments Remix Vodka (Flavoured)
  • 2009: Morpheus Premium Brandy
  • 2011: After Dark Fine Grain Whisky
  • 2012: Magic Moments Verve Vodka
  • 2013: Morpheus Blue Super Premium Brandy
  • 2014: Green Apple and Orange Flavours of Magic Moments Verve Vodka
  • 2015: Magic Moments Electra (Ready to Drink)
  • 2016: Rampur Indian Single Malt Whisky and Regal Talons Semi Delux Whisky
  • 2017: Pluton Bay Premium Rum and 1965 The Spirit of Victory Premium Rum
  • 2018: 8 PM Premium Black Whisky, Jaisalmer Indian Craft Gin and Whytehall Rare Premium Brandy
  • 2019: Launched select expressions of Rampur Indian Single Malt - Rampur PX Sherry and Rampur Double Cask.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.31%
1 Week
+0.88%
1 Month
+17.14%
3 Month
+60.51%
6 Month
+73.28%
1 Year
+131.90%
2 Year
+202.18%
5 Year
+883.95%
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.75 7.93 11.22 15.09 15.81
Return on Capital Employed (%) 13.11 10.03 14.25 18.80 16.85
Return on Assets (%) 4.41 3.51 5.51 8.36 9.61

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 977 1,044 1,157 1,336 1,543
Non Curr. Liab. 259 182 138 137 96
Curr. Liab. 1,089 1,009 951 779 843
Minority Int.
Equity & Liab. 2,325 2,234 2,246 2,251 2,483
Non Curr. Assets 1,015 1,071 1,007 1,026 1,061
Curr. Assets 1,311 1,164 1,239 1,225 1,422
Misc. Exp. not W/O
Total Assets 2,325 2,234 2,246 2,251 2,483

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,652 1,680 1,823 2,097 2,427
Other Income 39 21 30 13 13
Total Income 1,691 1,700 1,853 2,110 2,440
Total Expenditure -1,464 -1,469 -1,556 -1,746 -2,059
PBIDT 227 231 297 364 381
Interest -85 -81 -69 -36 -32
Depreciation -43 -42 -41 -42 -53
Taxation -25 -29 -64 -98 -45
Exceptional Items -24
PAT 73 80 123 188 228

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -36 252 316 309 60
Cash Fr. Inv. 81 3 -21 -7 -68
Cash Fr. Finan. -87 -234 -293 -226 44
Net Change -42 21 2 76 35
Cash & Cash Eqvt -335 -314 -312 -236 -201

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 40.35 40.35 40.32 40.31 40.31 40.31 40.31 40.30 40.29
Public 59.65 59.65 59.68 59.69 59.69 59.69 59.69 59.70 59.71
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 4.55 4.55 4.55 4.55 3.53 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 05 Aug 2021
Transcripts Of The Earning Conference Call
Transcripts of the Earning Conference call conducted on July 29 2021.
Mon, 02 Aug 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 - Schedule of Investors/Analysts Meet
Fri, 30 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Publication.

Technical Scans View Details

Thu, 05 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
MFI Above 80 MFI Above 80
Wed, 04 Aug 2021
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Bearish CCI Bearish

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