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<p>Radico Khaitan: Radico posted a strong set of numbers with beat in revenue and an in-line EBITDA margin. Revenue grew 18.7% YoY despite a firm base (+15% in 4QFY20) vs HSIE 10%. IMFL volume grew by 8% to 6.3mn cases, P&amp;A volume was up by a robust 16% to 1.8mn cases, while regular volume grew by 5% to 4.5mn cases. Premiumisation (P&amp;A volume mix at 28% vs. 26% YoY) and market share gains continued. Gross margin was down by 143/240bps on YoY/QoQ to 48.4%, but FY21 margin was healthy (up 170bps to 50%).</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Radico Khaitan: Radico posted a strong set of numbers with beat in revenue and an in-line EBITDA margin. Revenue grew 18.7% YoY despite a firm base (+15% in 4QFY20) vs HSIE 10%. IMFL volume grew by 8% to 6.3mn cases, P&amp;A volume was up by a robust 16% to 1.8mn cases, while regular volume grew by 5% to 4.5mn cases. Premiumisation (P&amp;A volume mix at 28% vs. 26% YoY) and market share gains continued. Gross margin was down by 143/240bps on YoY/QoQ to 48.4%, but FY21 margin was healthy (up 170bps to 50%).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HSIE Results Daily: Narayana Health, Radico Khaitan

India

Radico Khaitan Ltd. produces and distributes branded liquor.   The Company operates molasses and grain distilleries and produces whiskey, rum, brandy, and vodka.  Radico also produces country liquor and extra neutral alcohol.

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Radico Khaitan (RDCK IN)

HSIE Results Daily: Narayana Health, Radico Khaitan

Radico Khaitan: Radico posted a strong set of numbers with beat in revenue and an in-line EBITDA margin. Revenue grew 18.7% YoY despite a firm base...

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