Page 2 - Radico Khaitan

MOFSL projects 22% upside for this liquor stock; up 2% in weak market today

The uptick in Radico Khaitan shares came after domestic brokerage Motilal Oswal Financial Services Limited (MOFSL) initiated coverage on the stock with a 'Buy' rating.

Radico Khaitan Q4FY25 results: Net profit rises 71% on strong demand

The company reported a 71% rise in consolidated net profit at 920.7 million rupees (about $11 million) for the three months ended March 31

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Stock market today: Glenmark Pharma is recalling close to 15 lakh bottles of a generic medication used in treating attention deficit hyperactivity disorder in the US market, as reported by the US FDA

Radico Khaitan expects Rs 500 cr sales from luxury brands in FY26: MD

Encouraged by the ongoing premiumisation in the alcoholic beverage (alcobev) segment, Radico Khaitan expects sales of Rs 500 crore from its luxury brands, including single malt 'Rampur' and Jaisalmer Indian Craft Gin, in the next fiscal, its Managing Director Abhishek Khaitan said. The company expects an 8-9 per cent volume growth, and value growth of around "12-15 per cent", Khaitan told PTI, adding "this year has been a good year for us, and hopefully next year should be much better." For the next fiscal, he said, "We expect the same thing, our premium PNA category (Prestige & above) should grow more than 15 per cent and we should be close to overall double-digit growth." Radico Khaitan's luxury portfolio consists of Rampur Indian Single Malt, Jaisalmer Indian Craft Gin, Sangam World Malt and Spirit of Victory 1999 Pure Malt. "For the first time in Q3 (December quarter) we achieved a turnover of Rs 100 crore (from premium) and for the nine months of FY'24, we have achieved Rs ..

Radico Khaitan Q3 results: PAT rises 27% to Rs 95.5 cr, revenue up 8%

Liquor maker Radico Khaitan Ltd on Wednesday reported an increase of 27.05 per cent in its consolidated net profit to Rs 95.48 crore in the third quarter ended December 2024. The company had posted a consolidated net profit of Rs 75.15 crore in the October-December quarter a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations went up 8 per cent to Rs 4,440.90 crore during the quarter under review. The figure was Rs 4,111.23 crore in the corresponding quarter of the previous fiscal. In the December quarter, Radico Khaitan's total IMFL volume was at 8.36 million cases, up 15.3 per cent year-on-year. While Prestige & Above brands volume was up 17.7 per cent to 3.67 million cases and contributed to the IMFL volumes of 50.9 per cent Radico Khaitan's total expenses increased 7.32 per cent to Rs 4,312.09 crore in the December quarter. The total income of Radico Khaitan, which includes other income, in the December quarter was at Rs 4,441.98 crore, up 7.9

CCI found Pernod pushed retailers to promote brand, document shows

Pernod is contesting a $250 million India tax demand for allegedly undervaluing imports and also faces an investigation into violations of New Delhi city's liquor policy

Radico, Ashoka Buildcon: Top technical bets by Vinay Rajani of HDFC Sec

Radico Khaitan stock has been forming higher tops and higher bottoms on the daily chart. Stock price has been rising with the rise in volumes

Radico Khaitan up 10%, hits new high on strong Q2 operational performance

The liquor maker's gross margin improved 258 bps on Q-o-Q basis due to the ongoing premiumisation trend, and a stable raw material and packaging material scenario

Radico Khaitan Q2FY25 results: Net profit rises 24.4% to Rs 80 cr

Liquor maker Radico Khaitan on Thursday reported a 24.41 per cent rise in its consolidated net profit to Rs 80.66 crore for the second quarter ended September 2024, led by growth from its premium segment. The company had posted a consolidated net profit of Rs 64.83 crore a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations rose 9.45 per cent to Rs 3,906.58 crore during the quarter under review. It was Rs 3,569.06 crore in the corresponding quarter of the previous fiscal. Radico Khaitan's total expenses increased 8.93 per cent to Rs 3,797.92 crore in the September quarter. "Gross Margin was impacted y-o-y basis due to significant foodgrain inflation offset by premiumisation in the IMFL business. Gross margin improved 258 bps on q-o-q basis due to the ongoing premiumisation, and a stable raw material and packaging material scenario," said Radico Khaitan in its earning statement. The total income, which includes other income in the September quarter

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On the weekly chart, UPL has confirmed a bullish reversal pattern known as the 'Inverse Head and Shoulders

Vinay Rajani of HDFC Securities suggests buying these stocks on August 28

Trend of the Nifty is bullish and long positions should be held with 24,875 stoploss on closing basis. On the higher side, 25,078, 25,300 and 25,500 are the next resistances.

Radico Khaitan expects 20% growth as Indians splurge on expensive liquor

Radico Khaitan reported 14.3 per cent sales volume growth for the June quarter on Wednesday in its high-end category, which makes up roughly half its revenue

Radico Khaitan Q1FY25 results: Net profit up 13.4% to Rs 77.38 cr

Liquor maker Radico Khaitan Ltd on Wednesday reported a 13.36 per cent increase in its consolidated net profit to Rs 77.38 crore for the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 68.26 crore in the April-June quarter a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations was up 9.12 per cent to Rs 4,265.62 crore during the quarter under review. It was Rs 3,908.94 crore in the corresponding quarter of the previous fiscal. Radico Khaitan's total expenses increased 8.93 per cent to Rs 4,167.92 crore in the June quarter. The total income of Radico Khaitan in the June quarter was at Rs 4,269.30 crore, up 9.18 per cent. In the June quarter, its total IMFL volume (Indian-made foreign liquor) decreased by 4 per cent whereas the Prestige & Above category volume grew14.3 per cent," said an earning presentation by makers of Rampur single malt, Magic Moments Vodka and Jaisalmer Indian Craft Gin. While Prestige & ..

Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here

After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high

Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.

We expect premium brands to grow 14-15 % in FY25: Radico Khaitan MD

Khaitan talks about the company's strategic plans, diversification strategy, and growth trajectory for FY25

Radico Khaitan stock surges 4% on strong Q4 performance

The company's consolidated revenue from operations stood at Rs 3,894.6 crore in Q4FY24, as opposed Rs 3,375.4 crore in Q4FY23

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Across Asia, market sentiment is predominantly positive, tracking Wall Street gains. At 7:26 AM, Japan's Nikkei rose 0.47 per cent, while Korea's Kospi soared 0.11 per cent

Radico Khaitan Q4 results: Net profit rises 26% to Rs 53.91 crore

Liquor maker Radico Khaitan Ltd on Tuesday reported a 26.43 per cent increase in consolidated net profit to Rs 53.91 crore in the fourth quarter ended March 2024. The company had posted a consolidated net profit of Rs 42.64 crore in the same quarter a year ago, Radico Khaitan Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 3,894.64 crore as against Rs 3,375.36 crore in the year-ago period. In the fourth quarter, total IMFL (Indian-made foreign liquor) volume was at 7.16 million cases, down 1.2 per cent but prestige and above brands volume was at 2.92 million cases, up 14.2 per cent, the company said. Total expenses were higher at Rs 3,820.3 crore compared to Rs 3,325.37 crore in the corresponding period of the previous fiscal. For the fiscal ended on March 31, 2024, consolidated net profit was Rs 262.17 crore, up from Rs 220.35 crore in the previous fiscal, the filing said. In FY24, consolidated revenue from operat

Radico Khaitan Q3 results: Net profit up 23% to Rs 75 cr, revenue up 34%

Liquor maker Radico Khaitan Ltd on Tuesday reported a 22.75 per cent increase in consolidated net profit at Rs 75.15 crore for the third quarter ended December 2023. The company had posted a consolidated net profit of Rs 61.22 crore in the October-December quarter a year ago, Radico Khaitan said in a BSE filing. Its revenue from operations rose 34.1 per cent to Rs 4,245.95 crore in the third quarter of the current financial year. It stood at Rs 3,166.19 crore in the year-ago period. Radico Khaitan's total expenses were up 34.28 per cent to Rs 4,152.65 crore in the latest December quarter. Shares of Radico Khaitan Ltd on Tuesday settled at Rs 1,720.95 on BSE, down 0.96 per cent from the previous close.