Radico Khaitan Limited (RADICO) AI Stock Analysis

• Market Cap: ₹382.17B
• Dividend Yield: 0.14%
• Average Volume (3M): 11.89K
• Price to Earnings (P/E): 95.8
• Beta (1Y): 0.83
• Revenue Growth: 21.38%
• EPS Growth: 46.88%
• Country: IN
• Employees: 1,469
• Sector: Consumer Defensive
• Sector Strength: 57
• Industry: Beverages - Wineries & Distilleries
• EPS (TTM): 10.00
• Shares Outstanding: 133,867,520
• 10 Day Avg. Volume: 20,284
• 30 Day Avg. Volume: 11,894
• PEG Ratio: 2.84
• Price to Book (P/B): 11.31
• Price to Sales (P/S): 6.42
• P/FCF Ratio: 171.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹3,147.00
• Price Target Upside: 10.23% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 67 Neutral
• Price Target: ₹2,853.00 ▼(-0.06% Downside)

Radico Khaitan Limited's overall stock score is driven primarily by its strong financial performance and stable technical indicators. However, the stock's high P/E ratio presents potential valuation concerns, which slightly dampen the overall score.

Radico Khaitan Limited Business Overview & Revenue Model

Company Description

Radico Khaitan Limited (RADICO) is one of India's oldest and largest manufacturers of Indian Made Foreign Liquor (IMFL). It operates primarily in the alcoholic beverages sector, specializing in the production and distribution of spirits, including whisky, rum, brandy, vodka, and gin. The company is well-known for its popular brands such as Magic Moments Vodka, 8PM Whisky, and Morpheus Brandy, serving both domestic and international markets.

How the Company Makes Money

Radico Khaitan Limited generates revenue primarily through the manufacturing and sale of alcoholic beverages. Its revenue streams include domestic sales, which form a significant portion of its earnings, and exports to international markets. The company capitalizes on its extensive distribution network across India and its brand strength to drive sales. Key revenue contributors include its flagship brands, which enjoy strong market positions. Additionally, Radico Khaitan engages in strategic partnerships and collaborations to enhance its product offerings and market reach, further bolstering its revenue. The company's growth is supported by investments in marketing, product innovation, and capacity expansion to meet rising consumer demand.

Radico Khaitan Limited Financial Statement Overview

Summary

Radico Khaitan Limited exhibits a strong financial position with impressive revenue and profit growth, efficient operational management, and solid cash flow generation. The balance sheet is stable, although moderate leverage should be monitored.

Income Statement

Radico Khaitan Limited has demonstrated strong revenue growth with a consistent upward trajectory over the past years. The gross profit margin remains robust, indicating efficient cost management, while the net profit margin has improved, reflecting enhanced profitability. EBIT and EBITDA margins have shown significant improvement, suggesting operational efficiency gains. Overall, the income statement reflects a healthy financial position with strong growth potential.

Balance Sheet

The company maintains a solid equity base, as evidenced by a reasonable debt-to-equity ratio, indicating manageable leverage levels. Return on equity has shown positive trends, highlighting effective use of shareholders' capital. However, the equity ratio suggests moderate reliance on liabilities, which is a point to monitor for any potential risk exposures. Overall, Radico Khaitan’s balance sheet is stable with a strong equity position.

Cash Flow

Radico Khaitan has shown a remarkable turnaround in its free cash flow, moving from negative to positive growth, signifying improved cash management and operational efficiency. The operating cash flow to net income ratio is healthy, indicative of effective cash conversion from earnings. The free cash flow to net income ratio underscores the company’s capability to generate substantial free cash flow relative to its net income. The cash flow statement reflects strong cash generation capabilities.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2021	Dec 2021
Income Statement
Total Revenue	48.51B	48.51B	31.43B	40.10B	23.93B	28.37B
Gross Profit	19.13B	20.77B	13.15B	16.00B	11.71B	12.33B
EBITDA	6.75B	6.74B	3.68B	5.21B	4.23B	4.10B
Net Income	3.46B	3.46B	2.20B	2.62B	2.77B	2.63B
Balance Sheet
Total Assets	46.39B	46.39B	37.19B	40.95B	27.14B	27.81B
Cash, Cash Equivalents and Short-Term Investments	577.09M	577.09M	1.78B	1.32B	1.21B	999.59M
Total Debt	7.50B	7.50B	7.54B	8.18B	2.88B	2.02B
Total Liabilities	18.85B	18.85B	15.11B	16.55B	9.21B	7.54B
Stockholders Equity	27.54B	27.54B	22.08B	24.40B	17.93B	20.27B
Cash Flow
Free Cash Flow	0.00	1.82B	-4.95B	-693.17M	2.68B	853.18M
Operating Cash Flow	0.00	3.63B	2.39B	1.83B	3.77B	2.21B
Investing Cash Flow	0.00	-1.71B	-7.05B	-2.42B	-832.22M	-1.07B
Financing Cash Flow	0.00	-2.37B	4.87B	237.03M	-1.83B	-1.34B

Radico Khaitan Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2854.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RADICO, the sentiment is Positive. The current price of 2854.85 is above the 20-day moving average (MA) of 2781.29, above the 50-day MA of 2697.80, and above the 200-day MA of 2434.86, indicating a bullish trend. The MACD of 49.38 indicates Negative momentum. The RSI at 59.12 is Neutral, neither overbought nor oversold. The STOCH value of 77.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:RADICO.

Radico Khaitan Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMAMILTD	73 Outperform	₹255.74B	31.08		1.37%	4.06%	10.78%
CASTROLIND	70 Outperform	₹203.12B	21.24		6.33%	7.57%	8.08%
Sector *	68 Neutral	€3.13B	19.69	6.78%	2.37%	3.21%	67.63%
RADICO	67 Neutral	₹382.17B	95.79		0.14%	21.38%	46.88%
FINEORG	65 Neutral	₹146.81B	35.43		0.23%	8.41%	-2.59%
GODREJAGRO	57 Neutral	₹144.85B	31.82		1.46%	2.61%	16.80%
GLOBUSSPR	54 Neutral	₹35.05B	138.08		0.23%	4.34%	-65.65%

Radico Khaitan Limited Corporate Events

Radico Khaitan Successfully Concludes 41st AGM with All Resolutions Passed

Radico Khaitan Limited announced the successful conclusion of its 41st Annual General Meeting held on August 8, 2025, where all proposed resolutions were duly passed. The company has made the voting results and the consolidated Scrutinizer’s report available on its website, indicating a transparent and well-organized meeting process, which is likely to reinforce stakeholder confidence and support the company’s governance practices.

Radico Khaitan Releases Q1 2025 Financial Results

Radico Khaitan Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter ending June 30, 2025. The results were reviewed and approved by the Board of Directors in a meeting held on July 31, 2025. These financial results, which are prepared in compliance with Indian Accounting Standards, reflect the company’s ongoing financial performance and are available on their official website. This announcement underscores Radico Khaitan’s commitment to transparency and regulatory compliance, potentially impacting investor confidence and market positioning.

Radico Khaitan Schedules 41st AGM with E-Voting Facility

Radico Khaitan Limited has announced the scheduling of its 41st Annual General Meeting (AGM) for August 8, 2025, at its registered office in Rampur, Uttar Pradesh. The company has made provisions for electronic voting, allowing shareholders to participate remotely in the decision-making process. This move is aligned with regulatory requirements and reflects the company’s commitment to transparency and stakeholder engagement.

Radico Khaitan Emphasizes ESG in Latest Sustainability Report

Radico Khaitan Limited has released its Business Responsibility and Sustainability Report for the financial year 2024-25, highlighting its commitment to ESG principles as a core part of its business strategy. The company emphasizes sustainable manufacturing, ethical governance, and community development as key drivers of innovation and stakeholder trust, aiming to create long-term value and a sustainable future for all stakeholders.