The last trading price was INR 389 on 17th August capacity of over 157 million liters. Passion for the liquor trade has made Abhishek Khaitan, MD of branded spirits manufacturer Radico Khaitan, build top-selling premium brands by targeting niches and, recently, taking advantage of the free flow of alcohol in states like Uttar Pradesh. be detrimental to industry growth, the ramifications are expected to be We are using technology more than ever before, across all our functions, to drive transformation in the work environment and support decision making. While Khaitan declined to give further details, sources close to the company said that the "at least one of the new brands will have a similar proposition as the Rampur Indian Single Malt Whisky. The company is essentially engaged in manufacturing Factors such Bharat Bandh LIVE Updates | Will Demand 'Yes or No' From Amit Shah When We Meet Him, Say Farmer Leaders, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation. Over the past 5 Years, Radico Khaitan clocked CAGR of nearly 10.6%. Liquor major Radico Khaitan has outperformed most peers with overall volume growth of 10 percent and Prestige & Above category (P&A) volume growth of 14 percent over the last three years, compared to 5-7 percent volume growth for larger peers.Get latest Business online at cnbctv18.com The Company operates through the segment of liquor and related products. Earlier during the year, we had received price increases in the states of Andhra Pradesh, Jharkhand, Uttaranchal and Kerala.". Our total debt, which is Rs 650 crore, is less than our working capital," he added. 24.3 million IMFL cases sold last fiscal accounted for nearly 81.5% of The Company has exciting demand in India (75,000 retail, 8000 premise outlets) the company exports to over 85 Radico Khaitan continues to work on various fronts including new brands development, rationalization of cost base and further strengthening our sales & distribution network. Radico Khaitan Ltd. engages in the manufacture and trade of liquor and alcoholic beverages. Analyze what returns to expect on the CMP. categories are anticipated to account for 40% of the total consumption. social acceptance, the rapid growth of the organized sector, and rising urban (As per CAPM model, Inflation of 5% is assumed in Computing Expected Market Returns of 12.24%, Beta is 0.91, and Risk-Free Rate is taken at 6.16%). By 2025 the top two categories are anticipated to account for 40% of the total consumption. Company’s RBI cancels licence of Karad Janata Bank, more than 99% of depositors to get full payment back under... TVS Srichakra lines up Rs 1,000 crore cap-ex spread over three-year period, Husband-wife first Indian-origin recipients of vaccine against COVID-19 in UK, India may authorise some COVID-19 vaccines in weeks, says health secretary, Register now for 'ULIP as an investment during economic recovery' powered by Bajaj Allianz Life Insurance. Know its Value! The company was founded in 1943 and is headquartered in New Delhi, India. Radico Khaitan is also one of the oldest whisky distillers in India with a reputation for quality and innovation and the ability to grow brands internationally. Radico Khaitan Limited manufactures alcohol and alcoholic products. 2020, when this valuation was undertaken. Radico clocked RoE & RoCE of 14.8% & 18.3%, respectively, in FY19 (earlier 8% and 9.9% in FY16). liquor market was estimated to be $35 Billion in FY17 wherein the contribution The merged company renamed as Radico Khaitan Ltd. Radico's flagship brand 8 PM Whisky was launched in the year 1999. (The Company reported about 15.74% OPM for Financial Year ended March 2020). Radico Khaitan Limited currently has four millionaire brands in its portfolio; 8 PM Whisky, Magic Moments Vodka, Contessa XXX Rum and Old Admiral Brandy. The company would continue to take necessary steps to maintain its "robust foundation and financial strength whilst at the same time delivering differentiated consumer experience", Khaitan added. Read employee reviews and ratings on Glassdoor to decide if Radico Khaitan is right for you. “Radico Khaitan continues to work on various fronts including new brands development, rationalisation of cost base and further strengthening our sales and distribution network. Over time, Radico Khaitan has laid the ground for steady growth by carving out niche brands. Strong free cash flow generation. Magic Moments vodka and 8PM Premium Black whiskey. Radico Khaitan Ltd. (RKL), formerly Rampur Distillery & Chemical Company Ltd., is an Indian company that manufactures industrial alcohol, Indian Made Foreign Liquor (IMFL), country liquor and fertilizers. of the organized sector was a mere 50%. Copyright © 2020. Its brand portfolio includes After Dark Whisky, Contessa Rum, Jaisalmer Indian Craft Gin, Magic Moments and Magic Moments Verve Vodka, Morpheus and Morpheus Blue Brandy, Old Admiral Brandy, and Pluton Bay Rum. profits. of 28 bottling units spread across the country, the company has a total The company operates molasses and grain distilleries and produces whiskey, rum, brandy, and vodka. For detailed reports, assumptions, and in-depth valuation, import the valuation from CoValue App. Exclusive | Oyo lays off another 600-800 employees as it moves to a revenue-sharing model, 3-Point Analysis | Payment apps PhonePe, Amazon Pay, Google Pay and Paytm move to battle zone ‘digital gold’, Coronavirus News LIVE Updates: Karnataka reports 1,280 new cases, 13 deaths in the past 24 hours, India will not have to wait too long for COVID-19 vaccine, says PM Narendra Modi, COVID-19 vaccination drive to have minimal impact on routine health services, says govt, Four lions at Spanish zoo test positive for COVID-19, Radico Khaitan to launch 5 premium brands in two years. The company has strong https://covalue.app.link/VOKEpvD30bb Inputs for Radico Khaitan Ltd: Import Valuation to THE HISTORY Radico Khaitan, earlier known as Rampur Distillery, commenced its operation in 1943 and is amongst the oldest & largest manufacturers of IMFL in India. Radico Khaitan Ltd. (RKL), formerly Rampur Distillery & Chemical Company Ltd., is an Indian company that manufactures industrial alcohol, Indian Made Foreign Liquor (IMFL), country liquor and fertilizers. Know its Value. The Company operates through the segment of liquor and related products. brands Morpheus Brandy and Magic Moments Vodka boast a market share of 56% and Powered by Capital Market - Live News expected to secure market shares of incumbents. By 2025 the top two The company's net profit rose 77 percent to Rs 35 crore. 58% in their respective segments selling over a million cases. Shares of Radico Khaitan rose 2.28% to Rs 456 on Wednesday, bucking a weak market trend. https://covalue.app.link/Xh52KUwT0bb Save my name, email, and website in this browser for the next time I comment. https://covalue.app.link/wSS8qEN1Vbb "  The single malt debuted, initially exclusively, in the overseas market in 2016. Sales Growth in nominal terms is assumed at -20% for 1st Year, 33% for 2nd Year, 13% CAGR for 3 – 10 Years, 11% for 11 – 20 Years and 9% for 21 – 30 Years, Operating Profit Margin is assumed to be 4% for 1st Year and is assumed to improve to 20% due to operating efficiencies and economies of scale and stabilize at 20% during the end of the Forecast Period. The price hike explains the robust showing of the company's brands in the regular segment. Sources said the company may have raised another debt facility from the bank, prompting it to go slow on assets divestment plans. Seeking "Radico Khaitan has a strong brand equity and loyal consumer base. as rapid urbanization of Tier II & Tier III cities, rising disposable "It's sold out," added the executive. Radico Khaitan produces and distributes branded liquor. manufacturers in India. The management is It is the fourth largest Indian liquor company, . "This performance was driven by a combination of recent price increases and premiumization,"  said Khaitan. "As the industry recovers from the impact of recent policy changes, we also received price increase in the state of Telangana. The vodka is the highest selling in its segment and across price points. bullish on the growing contribution of premium brands to the company’s sales Also, check Leading in the #automotiveACsegment, #SubrosLtd has enough opportunities to grow. Is there any Value? Radico Khaitan has been a pioneer in this industry, with brands such as Rampur Whisky, 8PM Whisky, Magic Moments Vodka, Contessa Rum & Old Admiral Brandy in its brand portfolio. Radico Khaitan has been a pioneer in this industry, with brands such as Rampur Whisky, 8PM Whisky, Magic Moments Vodka, Contessa Rum & Old Admiral Brandy in its brand portfolio. We are using technology more than ever before, across all our functions, to drive transformation in the work environment and support decision making,” he added. This will enable us to continue to gain market shares in the coming years," he said. income, favorable demographics (By 2030 the working-age population is expected This also made it the first brand in the liquor industry to make it to the Limca Book of Records. Is it fairly valued? The Intrinsic Value of Radico Khaitan Ltd. has been computed based on the above assumptions. Entry barriers such as high tax rates and regulations are #TataConsultancy #Tata #TataGroup #ITcompany #infotech #ITsolutions #investmentresearch, #: # Sustainable products, product development, and under-penetrated rural market to craft growth opportunities for TTK Prestige in the coming years! Radico Khaitan up by 1.99% is trading at ₹ 473.65 today. Radico Khaitan has been a pioneer in this industry, with brands such as Rampur Whisky, 8PM Whisky, Magic Moments Vodka, Contessa Rum & Old Admiral Brandy in its brand portfolio. Valuation Report for Future Value Per Share. https://covalue.app.link/mL5JlgRZVbb Radico Khaitan’s revenue primarily hinges upon its organically grown IMFL brands owing to the fact that 24.3 million IMFL cases sold last fiscal accounted for nearly 81.5% of profits. prospects in the medium to long term owing to increasing penetration, improving The stock has risen from its low of INR 1340 to INR 1948 in the past 2 months. CoValue Technologies Pvt. Our Products. On the Strength Business Valuation Radico Khaitan, the largest Indian liquor company, plans to launch five premium brands over the next two years as it pushes for higher margins in the extremely competitive domestic market. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. for the quarter ended June 2020 was INR 4.09 Billion (Company saw a quarterly In the first year alone it sold one million cases - a record for any Indian or foreign brand operating in India. 172@29@17@247!~!172@29@0@53!~!|news|business|companies|2490499-2490499.html!~!news|moneycontrol|com!~!|controller|infinite_scroll_article.php!~!is_mobile=true, COVID-19 vaccine | Pfizer vaccine has 'favourable safety profile', says US regulator. Find out about Radico Khaitan Ltd., Whytehall, Magic Moments, Contessa, Morpheus, Old Admiral Radico Khaitan Ltd | Manufacturer of Gin,Vodka,Whisky, Rum Radico Khaitan has been a pioneer in this industry, with brands such as Rampur Whisky, 8PM Whisky, Magic Moments Vodka, Contessa Rum & Old Admiral Brandy in its brand portfolio. #banking #Kotak #KotakBank #investmentresearch #equityresearch #covalue #businessvaluation. Although Covid-19 will Glassdoor has 15 Radico Khaitan reviews submitted anonymously by Radico Khaitan employees. edit the plan and build your own assumptions to Compute Value. The company also sells Verve Magic Moments, the premium version of the brand. Radico Khaitan, which has a 54 percent market share in the overall vodka market in India, owns the Magic Moments brand. contributes over 70% of the total sales in the Indian alcobev market. Radico Khaitan’s revenue It offers various brands of Whisky, including 8PM Whisky, Royal Whytehall Whisky and After Dark Whisky; Rum, including Contessa Rum and 8PM Bermuda Rum; Brandy, including Old Admiral Brandy, 8PM Excellency Brandy and Morpheus Brandy; Vodka, … business by 16% on YOY basis) with an Operating Profit Margin of close to 13.5%. Income Tax is taken at 25.17% during the Forecast Period and Residual Period. #airconditioners #investmentresearch #equityresearch #covalue #businessvaluation, #: . The vodka is the highest selling in its segment and across price points. Get live share price chart, key metrics, forecast and ratings of Radico Khaitan Ltd - RADICO on Tickertape "Radico Khaitan continues to work on various fronts including new brands development, rationalisation of cost base and further strengthening our sales and distribution network. Incremental Net Working Capital Investment is assumed at 45% of Incremental Sales. Radico Khaitan, which has a 54 percent market share in the overall vodka market in India, owns the Magic Moments brand. The estimated Future Value Per Share is also mentioned in the Valuation Report. Indian made Foreign Liquor (IMFL), Country Liquor, and Bulk Spirits. Incremental Fixed Asset Investment Rate is assumed to be 0% for 1st Year and is assumed to be 38% for the forecasted period. last decade. to cross 1 billion marks with a median age of 31), and growing prevalence of Copyright © e-Eighteen.com Ltd All rights resderved. To expand volumes, Radico Khaitan acquired two regional whisky brands in south India that sell in the regular price segment, but Khaitan is now focussed on premium brands that bring in higher margins. Though Khaitan declined to share numbers, he said  that 8PM - the whisky brand - has made a strong comeback. Last year, Radico Khaitan, which sells over 13 million cases annually, parked some of its brands in a separate trust for raising working capital from YES Bank. #: In brown spirits, the Delhi-based company owns the Morpheus Brandy which it sells in the premium segment. or medium without express writtern permission of moneycontrol.com is prohibited. "We are well placed for the launches," said Khaitan. Reproduction of news articles, photos, videos or any other content in whole or in part in any form few domestic players. Learn More. Radico Khaitan sells a wide range of spirits, including the popular 8PM Whisky, Old Admiral Brandy, Whytehall Premium Brandy, Contessa Rum and Rampur Indian Single Malt Whisky, among others. Radico Khaitan Limited manufactures alcohol and alcoholic products. population. Radico Khaitan reported The Cost of Debt is taken as 8% over the Forecast and Residual period. (Catch all the Business News, Breaking News Events and Latest News Updates on … 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. India’s Riding the Lucrative experience, Radico Khaitan is amongst the oldest and largest liquor Ltd. THE HISTORY Radico Khaitan, earlier known as Rampur Distillery, commenced its operation in 1943 and is amongst the oldest & largest manufacturers of IMFL in India. #prestige #cookware, #: ? narrative, the following inputs for the Business Valuation of Radico Khaitan growth potential owing to favorable fundamentals and its distinction among very THE HISTORY Radico Khaitan, earlier known as Rampur Distillery, commenced its operation in 1943 and is amongst the oldest & largest manufacturers of IMFL in India. wave of Premiumisation. 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