Radico Khaitan said that its millionaire and top-selling brand Magic Moments achieved a milestone of 3.25 million cases volume in Q1FY27.
Stocks to watch today: HDFC Bank, Coal India, Tata Steel, Sobha Ltd, Bank of Baroda, Radico Khaitan, Senco Gold, Fortis Healthcare, IndusInd Bank, Dabur, among others, will be in focus today.
Jefferies said that premiumisation is the most important structural trend, with consumers trading up from country liquor and lower-end IMFL to Prestige & Above (P&A) segments.
As per the India-UK FTA, New Delhi will be reducing duty on UK whisky and gin from 150 per cent to 75 per cent and further to 40 per cent in the tenth year of the deal.
JM Financial has maintained a 'Buy' rating on Radico Khaitan shares and revised the target price to ₹3,945 (55x March'28E) versus ₹3,470.
The maker of Rampur whisky and Jaisalmer gin derives 5 per cent to 6 per cent of sales volumes and 9 per cent to 10 per cent of revenue from exports, of which it does not provide a regional split
The consumer sector now faces a delicate balance between sustaining demand and protecting profitability, with inflation once again emerging as the key swing factor
Thus far in the month of April, the FMCG index has surged 11.73 per cent, as against a 7.4 per cent gain in the benchmark index
Pernod Ricard reported strong growth in India mainly driven by premiumisation thus giving a positive outlook for other liquor companies operating in the country.
Karnataka's new alcohol policy may benefit United Spirits and United Breweries as tax reforms and pricing flexibility could drive premiumisation, analysts said
Liquor stocks: Karnataka Chief Minister Siddaramaiah today announced a shift to a global taxation standard and the complete deregulation of alcohol pricing.
Among key trends, spirits companies such as Radico Khaitan Ltd. and United Spirits Ltd. continued to outperform beer major United Breweries Ltd. on volumes, JM Financial said
Margins were a key positive surprise, analysts said. Gross margin expanded sharply to 46.5 per cent, aided by stable ENA and grain prices and a richer product mix.
Managing Director Abhishek Khaitan said on Thursday he expects sales volume in the company's "prestige and above" business, which makes up roughly half of its total revenue, to climb over 15%
Radico Khaitan Limited, one of the largest manufacturers of Indian Made Foreign Liquor (IMFL), on Thursday reported 62.26 per cent increase in consolidated net profit at Rs 154.93 crore for December quarter, helped by its "highest ever" quarterly volume. The company had posted a profit of Rs 95.48 crore for October-December FY25, according to a BSE filing from Radico Khaitan, which owns brands as Rampur Indian Single Malt Whisky, Jaisalmer Indian Craft Gin, Magic Moments Vodka, and the 8 PM series. Revenue from operations was up 22.13 per cent to Rs 5,423.83 crore in the December quarter. "Premiumisation coupled with the raw materials tailwinds has led to higher profitability and stronger return ratios," said Radico Khaitan in its earning statement. Total expenses increased 20.82 per cent to Rs 5,210.26 crore in the December quarter. Total income, which includes other income, was at Rs 5,426.44 crore, up 22.16 per cent. In the December quarter, Radico Khaitan's Total IMFL volume
Bajaj Finance stock is seen testing the 200-DMA for the first time since January 2025. That apart, Radico Khaitan is also seen testing the long-term moving average after a gap of 10 months.