Radico Khaitan Limited

Fast Moving Consumer Goods · Beverages

NSE: RADICO BSE: 532497

₹4366.00

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Beverages

The largest companies in the same industry by market cap. This company ranks #3 of 32. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Varun Beverages Limited	146,115	49.5	13.2%	-2.5%	—	87	3	68
United Spirits Limited	98,483	50.2	20.5%	0.5%	1.26%	80	24	28
Radico Khaitan Limited (this stock)	58,474	84.1	16.8%	49.8%	0.21%	73	31	31
United Breweries Limited	30,621	77.3	9.1%	-35.6%	0.86%	55	0	10
Allied Blenders and Distillers Limited	20,108	73.0	13.1%	35.6%	0.75%	49	0	91
Tilaknagar Industries Limited	13,380	67.7	0.7%	19.5%	—	35	30	49
Piccadily Agro Industries Limited	5,839	40.5	12.9%	-12.3%	0.17%	64	26	63
Globus Spirits Limited	2,287	21.9	6.4%	-26.1%	0.83%	42	65	9

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹58,737 Cr

EV / EBITDA

51.3x

EV / Sales

2.73x

Market cap / Sales

2.72x

Earnings yield

1.19%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 5,873 Cr, up 10.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	5,868	301	226	₹16.8800
March 31, 2026	5,182	233	175	₹13.0800
Dec. 31, 2025	5,424	207	155	₹11.5900
Sept. 30, 2025	5,057	186	139	₹10.3800
June 30, 2025	5,314	178	133	₹9.9600
March 31, 2025	4,485	122	91	₹6.7800
Dec. 31, 2024	4,441	130	96	₹7.1800
Sept. 30, 2024	3,907	112	82	₹6.1400
June 30, 2024	4,266	101	76	₹5.7100
March 31, 2024	3,895	77	57	₹4.2500
Dec. 31, 2023	4,246	98	74	₹5.5200
Sept. 30, 2023	3,715	83	62	₹4.6300
June 30, 2023	4,023	84	63	₹4.7300

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	5,873	5,188	5,426	5,059	5,318	4,487	4,442	3,910	4,269	3,897	4,251	3,716	4,024
Operating revenue	5,868	5,182	5,424	5,057	5,314	4,485	4,441	3,907	4,266	3,895	4,246	3,715	4,023
Other income	5	6	3	2	5	1	1	3	4	2	5	1	1
Operating expenses	5,519	4,898	5,157	4,819	5,081	4,308	4,257	3,743	4,117	3,772	4,103	3,594	3,904
Operating profit	349	284	267	238	232	178	184	163	149	123	143	121	120
Operating profit margin	5.9%	5.5%	4.9%	4.7%	4.4%	4.0%	4.1%	4.2%	3.5%	3.1%	3.4%	3.3%	3.0%
Depreciation	41	42	37	37	36	36	36	36	33	32	32	26	24
Interest	12	15	16	16	16	22	20	19	18	17	18	12	12
Exceptional items, gain / (loss)	—	—	-10	—	-7	—	—	—	—	—	—	—	—
Profit before tax	301	233	207	186	178	122	130	112	101	77	98	83	84
Tax	75	58	52	47	44	31	34	30	25	20	24	21	21
Net profit	226	175	155	139	—	91	96	82	76	57	74	62	63
EPS	16.88	13.08	11.59	10.38	9.96	6.78	7.18	6.14	5.71	4.25	5.52	4.63	4.73
Net profit (TTM)	695	—	—	—	—	345	311	289	269	256	236	219	209
EPS (TTM)	51.93	45.01	38.71	34.30	30.06	25.81	23.28	21.62	20.11	19.13	17.67	16.42	15.67

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	20,976	803	603
March 31, 2025	17,099	465	345
March 31, 2024	15,484	342	256
March 31, 2023	12,744	275	204

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	18.1%	15.1%	20,992^†	17,108^†	15,493^†	12,753^†	12,467^†	10,387^†	9,427^†	8,071^†	6,297^†	4,111^†
Operating revenue	18.1%	15.1%	20,976	17,099	15,484	12,744	12,456^†	10,367^†	9,418^†	8,058^†	6,270^†	4,091^†
Other income	—	—	15^†	9^†	9^†	9^†	11^†	20^†	9^†	13^†	27^†	20^†
Operating expenses	—	—	19,955^†	16,425^†	15,373^†	12,386^†	12,054^†	9,958^†	9,047^†	7,708^†	6,001^†	—
Operating profit	41.8%	20.1%	1,021^†	674^†	111^†	358^†	402^†	409^†	371^†	350^†	270^†	—
Operating profit margin	—	—	4.9%^†	3.9%^†	0.7%^†	2.8%^†	3.2%^†	3.9%^†	3.9%^†	4.3%^†	4.3%^†	—
Depreciation	—	—	153^†	140^†	114^†	71^†	65^†	54^†	53^†	42^†	41^†	—
Interest	—	—	64^†	78^†	59^†	22^†	13^†	22^†	32^†	35^†	68^†	80^†
Exceptional items, gain / (loss)	—	—	-17^†	0^†	0^†	0^†	0^†	0^†	-23^†	0^†	0^†	0^†
Profit before tax	43.0%	17.9%	803	465	342	275	335^†	353^†	273^†	286^†	187^†	109^†
Tax	—	—	201^†	119^†	86^†	70^†	83^†	83^†	45^†	98^†	64^†	—
Net profit	43.4%	17.4%	603	345	256	204	252^†	271^†	228^†	188^†	123^†	80^†
EPS	43.3%	17.3%	45.01^†	25.81^†	19.13^†	15.30^†	18.87^†	20.26^†	17.06^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	4.9%^†	3.9%^†	0.7%^†	2.8%^†	3.2%^†	3.9%^†	3.9%^†	4.3%^†	4.3%^†	—
EBIT margin	4.1%^†	3.2%^†	2.6%^†	2.3%^†	2.8%^†	3.6%^†	3.2%^†	4.0%^†	4.1%^†	4.6%^†
PBT margin	3.8%	2.7%	2.2%	2.2%	2.7%^†	3.4%^†	2.9%^†	3.5%^†	3.0%^†	2.7%^†
Net margin	2.9%	2.0%	1.7%	1.6%	2.0%^†	2.6%^†	2.4%^†	2.3%^†	2.0%^†	2.0%^†
Interest coverage	13.54x^†	6.93x^†	6.78x^†	13.42x^†	26.59x^†	17.04x^†	9.63x^†	9.05x^†	3.74x^†	2.36x^†
Dividend payout	8.9%^†	11.6%^†	15.7%^†	19.6%^†	12.7%^†	9.9%^†	7.0%^†	—	—	—
Earnings retention	91.1%^†	88.4%^†	84.3%^†	80.4%^†	87.3%^†	90.1%^†	93.0%^†	—	—	—
Current ratio	1.92x	1.63x	—	—	—	—	—	—	—	—
Quick ratio	1.06x	0.94x	—	—	—	—	—	—	—	—
Debt to equity	0.10x	0.23x	—	—	—	—	—	—	—	—
Return on equity	18.5%	12.8%	—	—	—	—	—	—	—	—
Return on assets	12.3%	7.5%	—	—	—	—	—	—	—	—
Return on capital employed	24.4%^†	17.9%^†	—	—	—	—	—	—	—	—
Asset turnover	4.28x	3.74x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	742	-266	-446	244	498
March 31, 2025	362	-171	-237	180	182
March 31, 2024	183	-243	24	252	-69
March 31, 2023	224	-684	482	713	-489
March 31, 2022	220	-107	-134	0	220

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	4,906	3,250	3,223	313	19	2,593	1,350	70	1,857	1,166
March 31, 2025	4,576	2,691	2,664	476	154	2,524	1,544	40	1,760	1,077
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.