RADICO KHAITAN SHARE PRICE

Radico Khaitan Ltd. (RKL) is an Indian manufacturer of industrial alcohol, country liquor, Indian Made Foreign Liquor (IMFL), and fertilisers. It was incorporated in 1943. The company’s headquarters are in Rampur. Radico Khaitan Ltd.’s consolidated net sales for the quarter ended June 2022 were Rs 3,183.80 crore, up 428.2% year-on-year. On 19 August 2022, the company’s market capitalisation stood at Rs 12,789 crore.  

The company’s Bombay Stock Exchange listing code is 532497, and the National Stock Exchange listing code is RADICO. It is also listed on the MCX Stock Exchange and the Bangalore Stock Exchange.  

Radico Khaitan Ltd. is one of the largest and oldest manufacturers of IMFL in India. It was formerly known as Rampur Distillery. The company is one of the few in the country to have developed an organic brand portfolio with in-house capabilities. It runs four leading brands under its portfolio, including Old Admiral Brandy, Magic Moments Vodka, 8 PM Whisky, and Contessa XXX Rum. For FY 2021-2022, the company’s profit after tax was Rs 263.23 crore, down 5.03% from the previous financial year, 2020-2021.  

The company’s shareholding pattern at the end of the June 2022 quarter showed a promoter stake of 40.27%, a foreign institutional investor stake of 18.35%, a domestic institutional investor stake of 20.26%, and a public stake of 21.13%. The leading promoter was Sapphire Intrex Ltd., with a 33.95% share. In the June 2022 quarter, FII holdings decreased from 19.28% to 18.35%, while mutual fund holdings increased from 17.91% to 18.74%.  

Radico Khaitan Ltd.’s top management includes Mr Lalit Khaitan, Mr Abhishek Khaitan, Mr Raghupati Singhania, Mr Krishan Pal Singh, Mr Sharad Jaipuria, Ms Sushmita Singha, Mr Tushar Jain, and Mr Dilip K Banthiya. The company’s auditors are BGJC & Associates LLP. On 30 June 2022, the company disclosed a total of 13.37 crore shares outstanding.  

On 19 August 2022, the company’s share price closed at Rs 961.70 on BSE. Radico Khaitan Ltd.’s share price closed at Rs 956.80 on NSE. The 52-week high for the company’s share price was Rs 1,294, and the 52-week low for Radico Khaitan Ltd.’s share price was Rs 723.20.  

The company’s peers in the alcoholic beverages segment include United Spirits Ltd., United Breweries Ltd., Globus Spirits Ltd., and Tilaknagar Industries Ltd. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose

Radico Khaitan Ltd. (RKL) is an Indian manufacturer of industrial alcohol, country liquor, Indian Made Foreign Liquor (IMFL), and fertilisers. It was incorporated in 1943. The company’s headquarters are in Rampur. Radico Khaitan Ltd.’s consolidated net sales for the quarter ended June 2022 were Rs 3,183.80 crore, up 428.2% year-on-year. On 19 August 2022, the company’s market capitalisation stood at Rs 12,789 crore.  

The company’s Bombay Stock Exchange listing code is 532497, and the National Stock Exchange listing code is RADICO. It is also listed on the MCX Stock Exchange and the Bangalore Stock Exchange.  

Radico Khaitan Ltd. is one of the largest and oldest manufacturers of IMFL in India. It was formerly known as Rampur Distillery. The company is one of the few in the country to have developed an organic brand portfolio with in-house capabilities. It runs four leading brands under its portfolio, including Old Admiral Brandy, Magic Moments Vodka, 8 PM Whisky, and Contessa XXX Rum. For FY 2021-2022, the company’s profit after tax was Rs 263.23 crore, down 5.03% from the previous financial year, 2020-2021.  

The company’s shareholding pattern at the end of the June 2022 quarter showed a promoter stake of 40.27%, a foreign institutional investor stake of 18.35%, a domestic institutional investor stake of 20.26%, and a public stake of 21.13%. The leading promoter was Sapphire Intrex Ltd., with a 33.95% share. In the June 2022 quarter, FII holdings decreased from 19.28% to 18.35%, while mutual fund holdings increased from 17.91% to 18.74%.  

Radico Khaitan Ltd.’s top management includes Mr Lalit Khaitan, Mr Abhishek Khaitan, Mr Raghupati Singhania, Mr Krishan Pal Singh, Mr Sharad Jaipuria, Ms Sushmita Singha, Mr Tushar Jain, and Mr Dilip K Banthiya. The company’s auditors are BGJC & Associates LLP. On 30 June 2022, the company disclosed a total of 13.37 crore shares outstanding.  

On 19 August 2022, the company’s share price closed at Rs 961.70 on BSE. Radico Khaitan Ltd.’s share price closed at Rs 956.80 on NSE. The 52-week high for the company’s share price was Rs 1,294, and the 52-week low for Radico Khaitan Ltd.’s share price was Rs 723.20.  

The company’s peers in the alcoholic beverages segment include United Spirits Ltd., United Breweries Ltd., Globus Spirits Ltd., and Tilaknagar Industries Ltd. 

Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose