Is Radico khaitan a good stock to buy|Fundamental analysis|

Very few of you might have heard the name of Radico Khaitan Company. It is a leading liquor production company in India whose top brands are Morpheus, Contessa, XXX Rum After Dark and Magic Moment.
Being an investor, can this company be beneficial for you, this has been analyzed in this blog, so let’s start Is Radico khaitan a good stock to buy|Fundamental analysis|

The company’s profit growth, sales growth, ROE and ROCE are continuously decreasing year after year, so before investing in it, analyze it once and invest only with long term vision.

Fundamental of Radico Khaitan

If we look at the fundamentals of the company, the company is fine on some parameters and some parameters are not working like the company is giving good returns for the last one year but the sales volume is continuously decreasing.

The same company also gives very low dividend.

Although the company’s earnings EPS is 11 which can be considered better, the promoter holding of the company is only 40% but the participation of institutional investors is also around 40% which is a good sign.

Is Radico khaitan a good stock to buy|Fundamental analysis|
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What is the future of Radico Khaitan?

The future of Redico Khaitan Company looks very bright because the company is involved in liquor production and the consumption of liquor in India is very high which is going to increase further in the future.

The same company has given tremendous returns of 54% in the last 1 year, 48% in the last 3 years and 31% in the last 5 years.

The company has a huge brand following which includes liquor brands like XXX Rum, Contessa, After Dark, Magic Moment and Morphines.

Therefore, the future of this company looks very bright and it can be expected that in future this company will progress a lot and give good returns to its investors.

Is Radico Khaitan overvalued?

Yes, Redco Khaitan Company is overvalued.

According to its intrinsic value, its share price should have been around Rs 1000 but currently its share price is above Rs 1600 which makes it 40% overvalued.

That is why if you are a new investor and looking for a good share price to invest in this company,

then you can let this share price come to a slightly lower value now.

If you look at the PE chart of the company which is given below, its PE i.e. Price to Earning Ratio is continuously increasing.

Therefore, invest in this company only after thinking a little.

Is Radico khaitan a good stock to buy|Fundamental analysis|
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What is the last dividend of Radico Khaitan?

Yes, Radico Khaitan pays continuous dividend to its investors.

The company had given a dividend yield of 0.18 percent in the year 2023, which was ₹ 3 per share.

The same company had given dividend of ₹ 3 per share in the year 2022, ₹ 2% in 2021, ₹ 2 per share in 2020 and ₹ 1.5 per share in 2019.

That is why if you are looking for a better company just to get dividends, then this company can prove to be a good option for you.

The company declares dividend mostly in June and provides dividend mostly in the month of September.

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What are the top brands of Radico Khaitan?

The company is a prosperous company as compared to the brand.

There would be very few people in India who would not have heard the name of the brand of this company.

Even among the people who drink alcohol, there would probably not be anyone who has not drank the liquor of this company’s brand.

The company has a very long list of brands, some of the major brands can be seen in the image below…👇👇

Is Radico khaitan a good stock to buy|Fundamental analysis|
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How many employees does Radico Khaitan have?

With a market cap of Rs 22000 crore, this company comes under the category of mid cap company,

hence not many employees are required to run this company.

At present the company has between 1000 to 2000 permanent employees and between 3000 to 5000 temporary employees.

The same company keeps recruiting employees from time to time and also removes some employees year after year according to their performance.

Which is the most famous alcohol brand in India?

If we talk about the most popular liquor brands of India, then the name of Kingfisher comes at the top. Kingfisher is an Indian beer manufacturer that contains 8% alcohol.
At second place comes the name of Royal Stag which has been the lifeline of millions of Indians since 1995.

This is followed by Blenders Pride at number three, After Dark at number four, Sula at number five, Bacardi at number six, Old monk at number seven, Magic Moment at number seven and Sula at number eight.

Is Radico khaitan a good stock to buy|Fundamental analysis|
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Who is the CEO of Radico Khaitan?

Radico Khaitan is a public limited company operating in India since the year 1943.

The headquarters of this company is in Rampur, Uttar Pradesh and this company provides its services all over the world.

Dr. Lalit Khaitan is the current chairman of the company.

The company’s products are manufactured in states like Bengaluru, Mumbai, Uttar Pradesh, Uttarakhand and MP.

Presently Lalit Khaitan is the CEO of the company.
Abhishek Khaitan is the managing director of the company.

You are Reading about one of the largest Liquer Producer Company Radico Khaitan.so Read this blog Is Radico khaitan a good stock to buy|Fundamental analysis|till End.

Radico khaitan share price target 2030

If we talk about the share price of the company, then the share price of the company is currently trading around Rs 1660 to 1680.

The company has given more than 50% returns in the last 1 year. This is a liquor manufacturing company.

Its demand is not only in India but all over the world.

According to the management of the company, the company has set a target of taking the share price of the company above ₹ 5000 by the year 2030.

The core principles of Jockey Company are based on the company’s brand and company’s profit growth.

Is Radico khaitan a good stock to buy|Fundamental analysis|
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Radico Khaitan Share price target 2025

If we look carefully at the share price of the company, while the share price of the company was trading around Rs 1050 in January 2023,

within a year the share price of the company has crossed Rs 1650, thus in a year The company’s share price has increased by over ₹500 in jan 2024, which is a CAGR return of over 50%.

According to the company’s management, the company aims to take the share price to around ₹ 2500 by the year 2025,

which seems possible considering the current company’s fundamentals and the company’s ever-growing book.

That is why if you are thinking of investing in the company for a long time, then a better buying opportunity is being created for you.

Is Radico khaitan Debt Free

No, Redco Khaitan Company is not a debt free company. The company has a debt of Rs 696 crores, whose debt to equity ratio is 0.32,

although a debt to equity ratio less than one is considered good, whereas due to debt, the company may sink the chances are very low

The interest coverage ratio of the same company is also very high which is around 13.

That is why you are not worried about the company due to debt and want to invest, then you can do it very comfortably.

If we look at the past performance of the company, some shortcomings and strengths of the company are visible which you can see with the help of the image given below.

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Conclusion of Is Radico khaitan a good stock to buy|Fundamental analysis|

After completing the fundamental analysis of Radico Khaitan Company, we conclude that this company is going to be a great fit for long term investors which will generate multibagger returns in future.

Although some parameters of the company are negative but the brand of the company is quite good

and the sector the company is associated with is going to be very popular in India, so you can think of investing in this company.

I hope you liked this blog Is Radico khaitan a good stock to buy|Fundamental analysis|To Read More Click Below Link👇👇👇

What is the top brand in liquor?

1. High Noon
2. Smirnoff
3. Crown Royal
4. Tito’s Vodka

Which liquor is best to drink?

Whiskey is believed to be one of the healthiest drinks among the alcoholic beverages.

What are the top 3 drink brands?

1. Coca Cola
2. Pepsi
3. Red Bull
4. Heinskein
5. Nestle

What are the top 4 alcohol companies?

Anheuser-Busch InBev NV/SA. Belgium.
2…Molson Coors Beverage Co. Consumer Packaged Goods.
3….Constellation Brands Inc. Consumer Packaged Goods.
4. E. & J. …

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