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Revenue growth of the liquor maker was quite solid, but its operating performance turned weaker hit by inflationary cost pressures
The Radico Khaitan stock has started the process of re-rating as the management continues to perform well and the long-term outlook appears promising
Radico is targeting higher share in the premium category through new products and variants and is undertaking cost rationalisation to support profitability
Operating cash flows are likely to improve as the fiscal year progresses and the stabilisation of consumption trends paves the way for a healthy recovery over the next two to three quarters.
Investors should gradually build positions in Radico as the valuation multiples appear reasonable, considering India's domestic consumption story
Investors should gradually build positions in the scrip as its valuation multiples appear reasonable
The strategy has gone awry as the outbreak has disrupted the global economy and pushed the world to the verge of a global recession
A consistent fall in debt is having a knock-on effect on interest expenses, which are nosing down
Radico Khaitan commands 6 percent volume share in the IMFL segment. Its Magic Moments vodka brand is highly popular in the mid-market segment and commands a market share of more than 50 percent
The company is focusing on bolstering its sales and distribution network in southern and eastern markets where the per capita consumption of liquor is relatively higher than other parts of India
Liquor consumption presents an attractive opportunity as India has a large young population and remains an under-penetrated market in the alcoholic-beverage segment.
In an interview to CNBC-TV18, Lalit Khaitan, CMD, Radico Khaitan spoke about the first quarter performance of the company.
Motilal Oswal has come out with its earnings estimates for consumer sector for the quarter ended December 2012. The research firm feels the EBITDA is likely to grow by 21.3 percent led by margin expansion in Hindustan Unilever, ITC, Asian Paints, Nestle, GSK Consumer and Marico.