Latest news with #RadicoKhaitan
Business Standard
a day ago
- Business
- Business Standard
Radico Khaitan jumps 11% in seven days
Radico Khaitan rallied 1.54% to Rs 2,710.95, extending gains for the seventh consecutive trading session. Shares of Radico Khaitan surged 11.07% in seven trading sessions from its recent closing low of Rs 2,440.65 on 26 May 2025. The stock hit a 52-week high of Rs 2,790 today. The counter has soared 89.72% from its 52-week low of Rs 1,428.95 hit on 26 May 2024. On the BSE, 0.46 lakh shares have been traded so far, compared with average daily volumes of 0.11 lakh shares in the past two weeks. The stock had outperformed the market over the past month, rising 7.02% as against the Sensex's 0.24% rise. The scrip had outperformed the market in the past three months, jumping 28.76% as against a 9.85% rise in Sensex. The counter had also outperformed the market in the past year, soaring 72.47% as against Sensex's 12.37% increase. On the technical front, the stock's daily RSI (relative strength index) stood at 69.584. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. On the daily chart, the stock was trading above its 50-day, 100-day, and 200-day simple moving average (SMA), placed at 2,452.52, 2,318.75, and 2,268.44, respectively. These levels will act as crucial support zones in the near term. Radico Khaitan is among the oldest and one of the largest manufacturers of Indian-made foreign liquor (IMFL) in India. It is one of the few companies in India to have developed its entire brand portfolio organically. The company's standalone net profit jumped 59.76% to Rs 90.71 crore on a 20.9% rise in net sales to Rs 1,304.08 crore in Q4 FY25 over Q4 FY24.
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Business Standard
2 days ago
- Business
- Business Standard
Top stock picks by Motilal Oswal: Large, mid & small cap recommendations
Stock picks by Motilal Oswal Large Cap M&M – Target: ₹3,482 M&M reported a better-than-expected performance in Q4, led by a strong margin beat in FES segment (at 19.4 per cent against 17.3 per cent estimate). Revenue grew 24.5 per cent year-on-year (Y-o-Y), and Earnings before interset, tax, depreciation and amortisation (Ebitda) margin expanded 180 basis points (bp) Y-o-Y to 14.9 per cent, driven by improved ASPs across both the Auto and FES segments. Management remains confident of outperforming the UV industry in FY26, driven by new launches like Thar Roxx, XUV 3XO, and recent EVs. It plans to boost UV capacity to 69,000/85,000 units in FY26/FY27, with a greenfield project for future requirements beyond FY28. We believe M&M is well-placed to outperform across its core business, driven by a healthy recovery in rural areas and new product launches across both UV and tractor segments. We estimate M&M to post compound annual growth rate (CAGR) of 13 per cent/13 per cent/18 per cent in revenue/Ebitda/PAT over FY25–27E. Bharti Airtel – Target: ₹2,110 Bharti's Q4FY25 performance was in-line. India wireless revenue/Ebitda grew 1 per cent/2 per cent quarter-on-quarter (Q-o-Q), offset by fewer days. Consolidated net debt inched up by ₹5,000 crore due to the redemption of $1 billion perpetual bonds. We continue to favour BHARTI's superior execution on premiumisation. Robust free cash flow (FCF) of ₹9,700 crore/₹39,000 in Q4/FY25, along with moderating capex, should lead to significant FCF generation of ₹1 trillion in FY26-27E. We model a 14 per cent/17 per cent CAGR in Bharti's consolidated revenue/Ebitda (FY25-28E) driven by an expected 15 per cent India wireless tariff hike (December 2025), faster home broadband growth, and continued strong double-digit growth in Africa. Mid Cap Punjab National Bank – Target: ₹125 PNB reported a Q4FY25 PAT of ₹4,570 crore (+52 per cent Y-o-Y), in line with estimates, supported by better other income and a lower tax rate. However, NII missed due to a 12 basis points (bp) Q-o-Q decline in net interest margins (NIMs) to 2.81 per cent. Loan growth was healthy Y-o-Y at 15.3 per cent, though modest Q-o-Q; deposits rose 14.4 per cent Y-o-Y. Slippages surged 69 per cent Q-o-Q, mainly from MSME and agri loans, yet gross net performing asset/net non-performing asset (GNPA/ NNPA) ratios improved to 3.95 per cent/0.4 per cent. Management expects stable net interest margins (NIMs) (2.8–3 per cent) and credit growth of 11–12 per cent. With FY27E RoA/RoE at 1.05 per cent/15.5 per cent, improving asset quality, and strong recovery prospects, we reiterate 'Buy'. Radico Khaitan – Target: ₹3,000 Radico Khaitan, a legacy player since 1943, is one of the oldest and largest IMFL manufacturers in India with a diverse portfolio across whisky, vodka, gin, rum, and brandy (ranging from ₹500 to ₹8,000), covering a large customer base. Driven by consistent volume growth (from 20 million cases in FY15 to 31m in FY25) and sharp execution, Radico has outperformed peers through premiumisation and is now expanding its premium and luxury portfolio to strengthen trade and consumer pull. With an 8 per cent IMFL market share and rising presence in the P&A segment, we estimate a robust 6 per cent/22 per cent/30 per cent in revenue/Ebitda/adjusted PAT CAGR during FY25-28E. Overall volume is projected at 9 per cent, driven by a robust 15 per cent CAGR in the P&A portfolio. Small Cap Niva Bupa – Target: ₹100 Niva Bupa reported 18 per cent/25 per cent Y-o-Y growth in Gross Written Premium/Net Earned Premium in Q4, driven by 3 per cent/59 per cent/18 per cent growth in retail health /group health/PA businesses. It secured business from two large corp. accounts, significantly contributing to strong growth in group health. With a Y-o-Y expansion of 50bp/190bp in commission/expense ratios, the combined ratio improved to better-than-expected 92.8 per cent, up 340 bp Y-o-Y. Measures taken to mitigate claim inflation will continue to aid loss ratios, while op. efficiency will lead to improved expense ratio going forward. We believe Niva is well-positioned to harness growth opportunities with a strategic global partner, a growing customer base, and innovative product offerings. The diversified channel mix will ensure improved scalability as the company moves toward geographic expansion. Marico – Target: ₹800 Marico (MRCO) reported Q4FY25 revenue growth of 20 per cent Y-o-Y, with domestic revenue up 23 per cent driven by strong core category performance and new growth drivers. International revenue grew 11 per cent. Ad spends rose 35 per cent, leading to a 260 bp Y-o-Y contraction in Ebitda margin to 16.8 per cent, while Ebitda grew 4 per cent against 7 per cent estimate.
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Business Standard
2 days ago
- Business
- Business Standard
Radico Khaitan rallies 6%, hits record high; Motilal Oswal sees more upside
Share price of Radico Khaitan today Share price of Radico Khaitan, a leading Indian Made Foreign Liquor (IMFL) company, rallied 6 per cent to hit a new high of ₹2,701.80 on the BSE in Tuesday's intra-day trade in an otherwise weak market. The stock price of this breweries & distilleries company surpassed its previous high of ₹2,666 touched on May 7, 2025. In the past one year, the stock has outperformed the market by surging 65 per cent, as compared to 6 per cent rise in the BSE Sensex. At 11:47 AM; Radico Khaitan was quoting 4.4 per cent higher at ₹2,659.15, as against 0.54 per cent decline in the benchmark index. The average trading volumes at the counter jumped multiple-fold, with a combined 830,000 equity shares changing hands on the NSE and BSE. The first quarter of FY26 marks an exciting milestone as Radico prepares to introduce two luxury brands - projects that have been under development for two years. These launches represent a major leap in Radico Khaitan's premiumization journey, reinforcing our confidence that the best is yet to come, the management said in March 2025 quarter earnings conference call. Looking ahead, the management said the company is poised for a strong double-digit growth in the Prestige & Above (P&A) category, enhanced profitability and a persistent focus on cash flow generation, all driving long-term value creation for the company's shareholders. The recent route-to-market (RTM) changes in Andhra Pradesh have progressed well, promoting stability and predictability in the regulatory environment. As a result, the company have seen strong traction for its brand portfolio and gained market share from 10 per cent in the first half to over 17 per cent in Q3 and 23 per cent in Q4FY25, which is highest in the industry. The management is optimistic that the pricing scenario for ENA and grains will remain stable going forward during FY26. Going forward, the company's focus will be on driving profitable growth along with cash flow generation, and more efficient working capital management, resulting in debt reduction. Motilal Oswal Financial Services view on Radico Khaitan Consumer acceptance for its premium brands over the years reflects Radico's long term brand upgrade story. Radico can further capitalize on this success by adding more brands to fill the white spaces to attract consumer segments that have higher volumes. Radico holds ~8 per cent share in the P&A category in the IMFL industry. For Radico, vodka accounts for ~50 per cent of its P&A portfolio, with an >80 per cent share in the P&A vodka industry. Besides, the company has significantly scaled up its P&A whiskey portfolio (contributes ~5mn cases), though from the industry point of view, it is still small with a 3 per cent share. Here, Motilal Oswal Financial Services (MOFSL) sees a good opportunity for Radico and it gives us confidence that the company can sustain its double-digit volume growth in P&A in the medium term. According to brokerage firm Radico has been one of the best-performing stocks among consumer names, with 25x return over the last 10 years and 8x return over the last five years. The valuation multiple has seen a notable re-rating over the last five years, with consistent outperformance of its P&A portfolio. However, MOFSL still believes that Radico will deliver strong earnings growth over the next 3-5 years considering the opportunity it has to scale up its P&A portfolio in the industry. 'We believe this portfolio expansion will help Radico expand its target user base and improve its trade confidence on execution, which increases the acceptance level for new products. We estimate 16 per cent revenue compounded annual growth rate (CAGR) during FY25-28E and EBITDA margin of 16.2 per cent by FY28 (similar to FY19). We believe a ~30 per cent EPS CAGR is good enough for sustaining rich valuations,' the brokerage firm said with value Radico at 60x P/E on June 2027 EPS to derive a target price of ₹3,000. About Radico Khaitan Radico Khaitan is among the oldest and one of the largest manufacturers of IMFL in India. In 1998 the company started its own brands with the introduction of 8PM Whisky. Radico Khaitan is one of the few companies in India to have developed its entire brand portfolio organically. The company's brand portfolio includes Rampur Indian Single Malt Whiskies, Sangam World Malt Whisky, Spirit of Victory 1999 Pure Malt Whisky, Jaisalmer Indian Craft Gin, Royal Ranthambore Heritage Collection Royal Crafted Whisky, Happiness in a Bottle: A Happily Crafted Gin, Morpheus and Morpheus Blue Brandy, Magic Moments Vodka, Magic Moments Remix Pink Vodka, Magic Moments Dazzle Vodka (Gold & Silver), Magic Moments Verve Vodka, 1965 The Spirit of Victory Premium XXX Rum and Lemon Dash Premium Flavored Rum, After Dark Whisky, 8PM Premium Black Whisky, 8PM Whisky, Contessa Rum and Old Admiral Brandy. Radico Khaitan 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 distilleries situated in Rampur, Sitapur and Aurangabad, Maharashtra which is a 36 per cent joint venture. The company has a total owned capacity of 320 million litres and operates 43 bottling units (5 owned, 29 contract and 9 royalty bottling units). It is also one of the largest exporters of Alcoholic beverages from India, with brands available in over 102 countries.
Time of India
4 days ago
- Business
- Time of India
Top stocks to buy: Stock recommendations for the week starting June 2, 2025
Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting June 2, 2025) are Radico Khaitan and JK Cement. Let's take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Radico Khaitan 2547 3000 18% JK Cement 5465 6060 11% Radico Khaitan Radico Khaitan, a legacy player since 1943, is one of the oldest and largest IMFL manufacturers in India with a diverse portfolio across whisky, vodka, gin, rum, and brandy (ranging from INR500 to INR8000), covering a large customer base. Tired of too many ads? go ad free now Driven by consistent volume growth (from 20m cases in FY15 to 31m in FY25) & sharp execution, Radico has outperformed peers through premiumisation & is now expanding its premium & luxury portfolio to strengthen trade & consumer pull. With an ~8% IMFL market share and rising presence in the P&A segment, we estimate a robust 6%/22%/30% in revenue/EBITDA/APAT CAGR during FY25-28E. Overall volume is projected at 9%, driven by a robust 15% CAGR in the P&A portfolio. JK Cement JK Cement (JKCE) reported better-than-expected results for 4QFY25, exceeding our estimates primarily due to a strong 15% YoY growth in volumes. Revenue/EBITDA/adj. PAT rose by 15%/37%/69% YoY. Management aims to achieve ~20mt grey cement volume (~12% YoY growth) in FY26. Of the ₹150–200/t cost-saving target, ₹40/t was realized in FY25; FY26 should see ₹25–30/t savings plus a full-year ₹75/t benefit. JKCE remains one of our preferred picks in the cement sector. We raise FY26/27E EBITDA by ~4% each on higher volume and better profitability of its UAE plant. We expect its revenue/EBITDA/profits to post a CAGR of 15%/20%/31% over FY25-27E. Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
NDTV
29-05-2025
- Business
- NDTV
Radico Khaitan Withdraws 'Trikal' Name For New Whisky After Backlash
New Delhi: Homegrown AlcoBev firm Radico Khaitan has withdrawn the brand name 'Trikal' for its new range of single malt whisky as the company faced criticism over the same. In a regulatory filing, Radico Khaitan said withdrawal of brand name "is not just a business decision, it is a gesture of respect, reflection, and our unwavering commitment to honour the sentiments of our people and our country". The company said, "We understand that concerns have been raised regarding the brand name. As a responsible and sensitive organisation, post internal review, we have decided to withdraw the brand." Radico Khaitan is the maker of award-winning single malt 'Rampur' and Jaisalmer Indian Craft Gin. Besides, it owns IMFL brands as 8 PM Whisky and Magic Moments Vodka. Earlier this month, the company announced to launch of two new products - Trikal Indian Single Malt and Morpheus Super Premium Whisky - as per its endeavour to amplify its play in the premium segment. According to some media reports, the company faced challenges in Uttarakhand, where it was believed to have been denied permission. Moreover, it also faced some backlash on social media platforms, as imagery on the product label had a resemblance to a religious iconography. However, the company said the name 'Trikal' comes from Sanskrit which means 'three times', referring to the past, present, and future. "It reflects our deep-rooted belief in honouring India's rich heritage while embracing progress and innovation. 'Trikal' is not just a name; it is a tribute to the timeless spirit of India, to the hands of our artisans, and the soul of our culture," it said. Shares of Radico Khaitan were trading at Rs 2,490.65 apiece on the BSE on Thursday afternoon, up 1.43 per cent from the previous close.
