Radico Khaitan Ltd
NSE: RADICO · Breweries & Distilleries · sector
₹4,200.00NSE close 2026-10-26
Key numbers
Market cap₹56,251 cr
Price₹4,200.00
52w high / low₹4,747 / ₹2,500
P/E79.9xSector median 21.8x
P/B17.0xSector median 1.9x
Book value₹247.6
Dividend yield0.09%Sector median 0.83%
ROE23.2%Sector median 8.9%
ROCE27.0%Sector median 10.9%
OPM5.2%Sector median 6.1%
Debt / equity0.10xSector median 0.49x
EV/EBITDA50.0xSector median 24.1x
Interest cover16.4x
Current ratio1.92x
Sales growth 3y+18.1%Sector median +11.1%
Profit growth 3y+40.0%Sector median +14.2%
PEG2.01x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 27 companies in Breweries & Distilleries (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹88 cr vs borrowings ₹332 cr (FY26): borrowings are higher by ₹243 cr.
- Operating profit covered interest 16.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 2% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹4,200.00 on 2026-10-26: -11.5% from the 52-week high, +68.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹4,696.00 · low ₹1,992.80
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,907 | 4,441 | 4,485 | 5,314 | 5,057 | 5,424 | 5,182 | 5,868 |
| EBITDA | 163 | 184 | 178 | 225 | 238 | 258 | 284 | 349 |
| OPM % | 4.2% | 4.1% | 4.0% | 4.2% | 4.7% | 4.7% | 5.5% | 5.9% |
| Other income | 3 | 1 | 1 | 1 | 2 | 3 | 6 | 2 |
| Net profit | 81 | 95 | 92 | 131 | 140 | 155 | 179 | 230 |
| EPS (₹) | 6.03 | 7.14 | 6.88 | 9.75 | 10.43 | 11.57 | 13.41 | 17.15 |
| Revenue YoY | +29.4% | +22.1% | +15.5% | +10.4% | ||||
| Profit YoY | +73.0% | +62.2% | +94.9% | +75.9% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 12,470 | 12,744 | 15,484 | 17,099 | 20,976 | 21,531 |
| EBITDA | 402 | 358 | 506 | 674 | 1,005 | 1,129 |
| Net profit | 263 | 220 | 262 | 346 | 604 | 704 |
| EPS (₹) | 19.70 | 16.48 | 19.61 | 25.84 | 45.16 | 52.56 |
| Revenue growth | +2.2% | +21.5% | +10.4% | +22.7% | +18.6% | |
| Profit growth | -16.3% | +19.0% | +31.8% | +74.9% | +76.4% | |
| Dividend / share (₹) | 2.40 | 3.00 | 3.00 | 3.00 | 4.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +18.1% | +15.1% | +18.6% |
| Net profit | +40.0% | +16.9% | +76.4% |
| EPS | +39.9% | +1.7% | – |
| Share price | – | +40.9% (2y) | +31.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,208 | 2,440 | 2,754 | 3,316 |
| Borrowings | – | 697 | 737 | 631 | 332 |
| Cash & equivalents | – | 131 | 101 | 58 | 88 |
| Total assets | – | 3,719 | 4,095 | 4,639 | 4,972 |
| Fixed assets | – | 1,226 | 1,694 | 1,804 | 1,902 |
| Capital work in progress | – | 326 | 53 | 23 | 75 |
| Investments | – | 0 | 0 | 198 | 240 |
| Receivables | – | 824 | 978 | 1,182 | 1,190 |
| Inventory | – | 715 | 780 | 1,077 | 1,166 |
| Payables | – | 275 | 267 | 313 | 326 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 221 | 239 | 183 | 363 | 743 |
| Cash from investing | -107 | -705 | -242 | -171 | -266 |
| Cash from financing | -134 | 487 | 24 | -237 | -446 |
| Capex | 67 | 734 | 252 | 181 | 245 |
| Free cash flow | 154 | -495 | -69 | 182 | 498 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 10.0% | 10.7% | 12.6% | 18.2% |
| ROCE % | – | 10.2% | 12.6% | 15.9% | 23.7% |
| Debtor days | – | 24 | 23 | 25 | 21 |
| Inventory days | – | 143 | 120 | 142 | 129 |
| Payable days | – | 55 | 41 | 41 | 36 |
| Cash conversion cycle (days) | – | 112 | 102 | 126 | 114 |
| Working capital days | – | 23 | 20 | 21 | 22 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 40.17% |
| FIIs | 19.43% |
| DIIs | 27.17% |
| of which Mutual funds | 21.40% |
| of which Insurance | 4.52% |
| Public (non-institutions) | 13.23% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 40.24% | 40.23% | 40.22% | 40.21% | 40.20% | 40.20% | 40.19% | 40.17% |
| Promoter group | % |
|---|---|
| Sapphire Intrex Limited | 33.87% |
| Rampur International Limited | 3.92% |
| Classic Fintrex Private Ltd | 1.92% |
| Abhishek Khaitan | 0.27% |
| Abhishek Fiscal Services Private Limited | 0.07% |
| Elkay Fiscal Services Private Limited | 0.05% |
| Deepshikha Khaitan | 0.04% |
| Smita Fiscal Private Limited | 0.03% |
| Lalit Kumar Khaitan | 0.00% |
| Lalit Kumar Khaitan HUF | 0.00% |
| Public holders above 1% | % |
|---|---|
| Nippon Life India Trustee Ltd | 2.86% |
| Kotak Mahindra Trustee Co Ltd | 2.83% |
| Axis Mutual Fund Trustee Limited | 2.53% |
| HSBC Mutual Fund | 2.52% |
| Tata AIA Life Insurance Company Limited | 1.65% |
| Edelweiss Trusteeship Co Ltd | 1.46% |
| Aditya Birla SUN Life Mutual Fund | 1.41% |
| Timf Holdings | 1.39% |
| Investor Education and Protection Fund Authority | 1.26% |
| Tata Mutual Fund | 1.18% |
| Sundaram Mutual Fund | 1.01% |
1,59,031 shareholders. Pledged: 0.00% of promoter shares.
Peers in Breweries & Distilleries
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| UNITDSPR | ₹89,828 cr | 46.7x | 10.0x | 22.1% | 26.0% | 7.5% | 0.0% | 1.40% |
| RADICO | ₹56,251 cr | 79.9x | 17.0x | 23.2% | 27.0% | 5.2% | +18.1% | 0.09% |
| UBL | ₹30,041 cr | 76.0x | 6.6x | 8.9% | 10.9% | 4.6% | +1.6% | 0.83% |
| ABDL | ₹18,770 cr | 85.7x | 11.3x | 13.8% | 17.1% | 7.1% | – | 0.54% |
| TI | ₹12,032 cr | – | 4.0x | -1.7% | 2.6% | 3.5% | +28.6% | 0.16% |
| PICCADIL | ₹5,389 cr | 38.1x | 6.0x | 15.6% | 15.5% | 20.3% | – | – |
| GLOBUSSPR | ₹2,069 cr | 20.5x | 1.9x | 9.6% | 12.1% | 7.3% | +8.6% | 0.39% |
| INDIAGLYCO | ₹1,916 cr | 5.8x | 0.7x | 12.2% | 11.3% | 6.5% | +13.9% | 3.93% |
| GMBREW | ₹1,784 cr | 10.3x | 1.6x | 16.3% | 20.0% | 6.1% | +8.6% | 0.96% |
| SDBL | ₹1,400 cr | – | 1.8x | -4.0% | -0.9% | 0.9% | +15.4% | 0.01% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-24 | Dividend | Dividend - Rs 9 Per Share |
| 2025-07-24 | Dividend | Dividend - Rs 4 Per Share |
| 2024-07-25 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2023-09-14 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2022-09-21 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-09-20 | Dividend | Annual General Meeting/Dividend - Rs 2.40 Per Share |
| 2020-08-21 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Rs 1.20 Per Sh |
| 2018-08-24 | Dividend | Annual General Meeting/Dividend- Re 1 Per Share |
| 2017-09-21 | Dividend | Annual General Meeting/Dividend - Re 0.80 Per Share |
| 2016-07-04 | Dividend | Annual General Meeting/ Dividend -Re 0.80/- Per Share |
| 2015-09-23 | Dividend | Annual General Meeting/ Dividend - Re 0.80/- Per Share |
| 2014-09-22 | Dividend | Annual General Meeting / Dividend - Re 0.80/- Per Share |
| 2013-09-20 | Dividend | Annual General Meeting / Dividend - Re 0.80/- Per Share |
| 2012-09-17 | Dividend | Annual General Meeting And Dividend Re.0.80 Per Share |
| 2011-08-30 | Dividend | Annual General Meeting/Dividend Re 0.70 Per Share |
| 2010-08-31 | Dividend | Annual General Meeting And Dividend Re.0.60 Per Share |
| 2009-09-04 | Other | Agm/Div-Rs.0.30 Per Share |
| 2008-09-19 | Dividend | Agm/Dividend - 25% |
| 2007-09-17 | Dividend | Agm/Dividend-25% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of Alcohol and Alcoholic Products: Manufacturing industrial alcohol, Indian Made Foreign Liquor, country liquor and fertilizers
| Sector | Fast Moving Consumer Goods |
| Industry | Breweries & Distilleries |
| Sub-industry | Breweries & Distilleries |
| Symbol | RADICO |
| BSE code | 532497 |
| ISIN | INE944F01028 |
| Face value | ₹2.0 |
| Incorporated | 1983-07-21 |
| Website | www.radicokhaitan.com |
| Plants (India / abroad) | 47 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.