Dolat Capital: Radico Khaitan Firing On All Cylinders 

Dolat Capital: Radico Khaitan Firing On All Cylinders

Radico Khaitan’s Magic Moments Liquor bottles. (Photo: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

Radico Khaitan Ltd.’s Q2 FY21 was healthy on the operating front in backdrop of Covid-19, discretionary category, lack of on-trade sales and steep rise in taxes.

The company’s volume grew by 4.6% YoY (down 42% in Q1 FY21). The company’s revenue/Ebitda/adjusted profit after tax grew by 10.5/24/36% YoY.

Over the last three years, the company experienced robust volume growth, price increases, premiumisation, raw material tailwinds, and thus de-leveraging.

Click on the attachment to read the full report:

Dolat Capital Radico Khaitan Q2FY21 Result Update.pdf
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