Radico Khaitan Ltd | Premium Profits | Investing | Share Market Advise | Share Guru Weekly |
This company has been manufacturing and marketing liquors under the brand names that include 8 PM Whisky, Magic Moments Vodka, Contessa Rum and Old Admiral Brandy. Along with these millionaires (selling a million cases each), its portfolio consists of Royal Whytehall, After Dark whiskies, 8 PM Bermuda Rum, 8 PM Excellency Morpheus brandies, Magic Moments Remix, Verve vodkas and Magic Moments Electra, the 8% vodka-infused premium ready-to-drink escapade. Among the company’s liquors, 8 PM Whisky is the 2nd fastest growing whisky brand in the world. It gets 16th place in terms of sales volume. In the category of vodka drinks, Magic Moments is the world’s 12th largest selling brand, in rums, Contessa the 6th largest, and in brandies Old Admiral the 2nd largest selling brand. Radico has a 50% market share in the vodka market. It launched six new brands in the premium segment in the last five years.
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The net profit of the company, in the quarter ended December 2018, increased to Rs 51.65 Cr from Rs 34.5 Cr in the same period of the earlier year.
In the first nine months of 2018-19, the net profit jumped to Rs 147.66 Cr from Rs 87.77 Cr earned in the year-ago period. It is remarkable that this net profit in the 9- month period of 2018-19 was higher than Rs 121.93 Cr it achieved in the earlier 12 months of 2017-18.
The stock that has a 52-week range of Rs 500 - Rs 298 is now available at an attractive price of around Rs 427.5/- .
BSE Code: 532497
Face Value: Rs 2.00
Market Price: Rs 427.5/-