Alcoholic Beverages
Alcoholic Beverages
from 4,374 today
Radico Khaitan's 1QFY27 profitability outperformed estimates driven by robust growth in its premium portfolio and margin expansion. We maintain our BUY recommendation with a revised target price of INR 5,222.
Radico Khaitan Q1FY27 revenue came in line while EBITDA and Adj PAT came ahead of estimates, driven by strong P&A volume growth and margin expansion. We maintain 'BUY' with a target price of INR 4,285.
Radico Khaitan's 1QFY27 revenue growth was marginally below expectations, but P&A volume growth remained robust and operating performance was better than expected. We expect the company to sustain its strong growth trajectory, led by continued premiumization and robust execution in the Prestige & Above portfolio.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
