₹ 2,711.60 +24.50 (0.91%)
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Overview
- BSE Code 532497
- NSE Symbol RADICO
- ISIN Demat INE944F01028
- Book Value (₹) 201.02
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 36,434.72
- P/E (TTM) 105.57
- EPS (TTM) 25.78
- Div Yield (%) 0.15
Performance
Corporate Actions
Radico Khaitan Limited - Action(s) initiated or orders passed
Apr 24, 2025Please find attached disclosure under Regulation 30 of Listing Regulations
About Radico Khaitan Ltd
India's fastest growing liquor manufacturer, Radico Khaitan Limited (Radico) was formally created and deployed as a legal entity on 21st July 1983 as Rampur Distillery. The Company is commited with manufacture and sale of liquors in India and internationally. Radico Khaitan spans in the areas of whisky, rum, brandy, vodka and gin under the brands include 8PM Royale, 8PM Bermuda XXX, Contessa, Old Admiral VSOP, Black Cat and Whitefield. The Company's plants are located at Uttar Pradesh, Rajasthan Andhra Pradesh, Uttaranchal and Haryana.
The Company was merged with Abhishek Cement Ltd (ACL) with effective from 1st January of the year 1997. The merged company renamed as Radico Khaitan Ltd. Radico's flagship brand, 8 PM Whisky was formally introduced in the year 1999. In the first year alone, it sold one million cases - a record for any Indian or foreign brand operating in India. This also made it the first brand in the liquor industry to make it to the Limca Book of Records. The Old Admiral VSOP, brandy was formally introduced in the state of Kerala during the year 2002 and also introduced in Andhra Pradesh markets. Radico had executed a strategic acquisition of M/s Anab-e-Shahi Wines and Distilleries Pvt Ltd in 2003-04. The Company had created and deployed a state of the art of the bottling unit at Shree Khatushyamji Industrial Complex, in Sikar, Rajasthan with a capacity of 12lac cases per annum, became operational in January of the year 2004. During the same year 2004, the company made its entry into Tamil Nadu by the way of its brands, Contessa Rum, Old Admiral Brandy and 8 PM Select whisky, launch in the Tamil Nadu market through Golden Midas Distilleries, who is bottling partner of the company in Tamil Nadu.
A green field bottling plant of the company was created and deployed at Bajpur Industrial area, Uttaranchal for bottling of 600000 cases during the year 2004-05. It had created and deployed a fully automatic 750 ml kidney shaped PET bottle manufacturing plant in Uttaranchal and also added additional capacity for molasses at Rampur. In the identical year of 2004-05, the company had executed a strategic acquisition of Anabeshahi Wines & Distilleries Pvt ltd (AES), which owned a bottling unit in the state of Andhra Predesh. The Company had inked overseas Joint Venture (JV) agreement in UK and Western Africa in May of the year 2006. Diageo, the world's largest drinks company and Radico made an equal JV in Indian sprits market during August of the same year 2006. In March 2007, Diageo Radico Distilleries Pvt Ltd, the joint venture between Diageo and the company had formally introduced Masterstroke Deluxe Whisky, a blend of Premium whiskies. During the financial year 2007, the company had created and deployed a grain-based distillery at its Rampur plant with a capacity of 27 KLPA. In February of the same year 2007, the company's JV with Diageo - Diaego Radico Distilleries Pvt Ltd had formally introduced a new brand - Masterstroke Deluxe whiskey - in the premium segment. Radico also executed a strategic acquisition of other brands from Brihan Maharashtra Sugar Syndicate Ltd.
The brand Old Admiral under the category of brandy won the Monde Selection award for its overall quality in the year 2008. In May 2008, Radico Global Limited and Radico International DMCC ceased to be the subsidiaries of the company. Radico forayed into the flavoured vodka market by launching six flavours under its Magic Moments extension brand-Remix in August of the year 2008. Radico Khaitan now wants to enter the beer market but would do so only if it gets to tie-up with a foreign beer major.
Founded | : 1983 |
Chairman | : Lalit Khaitan |
Managing Director | : Lalit Khaitan |
Address | : Bareilly Road, Rampur, Uttar Pradesh, 244901, |
HO Tel | : 91-11-40975400/444 |
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