āagman

Not investment advice. Data and computed figures, for information only.

Radico Khaitan Ltd

NSE: RADICOF&O
₹4,473.40
+₹24.40 (+0.55%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹60,965 Cr
CMP
₹4,473.40
52-wk High / Low
₹4,747 / 2,500
P/E
85.8
P/B
18.4
Book Value
₹248.0
Div Yield
0.20%
ROCE
24.0%
ROE
20.3%
Face Value
₹2
D/E
0.15

Price+49.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
8
/ 9
8 of 9 F-score tests passed
Graham Number
₹502
√(22.5 × EPS × book value per share)
ROIC
17.1%
vs 13.1% sector median
Cash flow to profit
1.23
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+532
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
16.8%
ROE × earnings retention ratio
ROE stability
2.9
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.02FII +1.80DII −0.18
Latest quarter vs the previous one
Cash-accrual divergence
−2.9%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 48.1% since FY2016 (960 to 498)
+Price trades above its 200-day moving average (1.2x)
+Price is within 10% of its 52-week high (-5.8%)
+FII holding rose by 0.8pp over the last year
+Piotroski F-Score of 8/9 is in the strong band (≥7)
Watch-outs

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9549251,1611,0791,1371,1161,2941,3041,5061,4941,5471,5041,684
Expenses8348041,0189599909551,1111,1271,2741,2561,2801,2191,335
Operating Profit120121143120147162183178232238267284349
OPM %12.6%13.1%12.3%11.1%12.9%14.5%14.1%13.7%15.4%15.9%17.3%18.9%20.7%
Other Income64622113−53−7109
Interest12121817161720221616161512
Depreciation24263232333636363637374241
Profit before tax89869974100110129123175187206237305
Net Profit6865755475819592131140155179230
EPS (₹)5.114.855.624.035.646.037.146.889.7510.4211.5713.4017.14

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2007Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5801,6431,6571,7972,0632,3952,3742,8593,1334,1064,8436,0376,228
Expenses4991,4521,4441,5261,7132,0231,9652,4572,7753,5994,1695,0155,090
Operating Profit811912142703513724094023595076741,0221,138
OPM %14.0%11.6%12.9%15.0%17.0%15.5%17.2%14.1%11.5%12.3%13.9%16.9%18.3%
Other Income3041182713−1514725155115
Interest39858169363222132260746560
Depreciation164342414253546571114140153158
Profit before tax57103109188286273347332291348465805935
Net Profit457880124194229277263220262346604704
EPS (₹)0.945.876.039.3014.5517.1620.7519.6916.4819.6125.8345.1452.53

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2007Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital192727272727272727272727—
Reserves1669511,0181,1301,3091,5161,7662,0002,1812,4132,7273,289—
Borrowings690960799592337400288202754818750498—
Other Liabilities1333903924985815405435557628461,1631,181—
Total Liabilities1,0072,3272,2352,2472,2532,4832,6242,7843,7244,1044,6684,995—
Fixed Assets2857297046857147438108211,2341,7001,8111,910—
CWIP44222016183830327542376—
Investments10220220220176178184175191198198240—
Other Assets6681,3761,3091,3211,3471,5431,5921,7571,9712,1522,6352,769—
Total Assets1,0072,3272,2352,2472,2532,4832,6242,7843,7244,1044,6684,995—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2006Mar 2007Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity——−3625031630960370222239166363743
Cash from Investing Activity——815−21−7−67−76−108−705−226−171−266
Cash from Financing Activity——−87−234−293−2269−183−13448724−237−446
Net Cash Flow——−42212762111−2021−36−4630

Ratios

As of 31 Mar 2026
13 periods
Mar 2006Mar 2007Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—14.0—10.014.019.018.018.016.012.013.016.024.0
ROE %————————————20.3
EPS (₹)0.930.945.876.039.3014.5517.1620.7519.6916.4819.6125.8345.14
Book Value (₹)————————————248.0
Face Value (₹)————————————2
P/E————————————85.8
Div Yield %————————————0.20
NPM %9.77.44.64.86.89.39.611.69.27.06.47.110.0
OPM %17.014.012.013.015.017.016.017.014.011.012.014.017.0
D/E2.393.730.980.760.510.250.260.160.100.340.340.270.15
P/B————————————18.4

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+14.0%
5 years+21.0%
3 years+24.0%
TTM+19.0%
Compounded profit growth
10 years+23.0%
5 years+17.0%
3 years+41.0%
TTM+76.0%
Stock price CAGR
10 years+42.0%
5 years+31.0%
3 years+54.0%
Last year+52.0%
Return on equity
10 years14.0%
5 years14.0%
3 years15.0%
Last year20.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters40.46%40.46%40.46%40.38%40.35%40.31%40.30%40.27%40.27%40.26%40.23%40.20%40.18%
FIIs17.86%17.86%17.86%22.90%23.43%19.37%19.46%19.28%18.63%18.58%16.95%17.63%19.43%
DIIs13.81%13.81%13.81%5.19%6.49%12.99%17.10%19.24%23.51%24.72%26.77%27.35%27.17%
Government0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.00%0.00%0.00%0.00%0.00%0.00%
Public27.85%27.85%27.85%31.51%29.71%27.30%23.11%21.21%17.59%16.45%16.04%14.82%13.22%
No. of shareholders34,38234,38234,38241,83854,02457,18265,1301,46,3901,17,0891,11,7811,30,9251,52,0361,59,031
Change since Jun 2023 (pp)
Promoters −0.28FIIs +1.57DIIs +13.36Public −14.63

Documents

As of 11 Oct 2026
Announcements
Board Meeting Intimation for Consideration And Approval Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingJul 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingMay 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026Recording

Corporate actions

As of 24 Jul 2026
24 Jul 2026DIVIDENDDividend - Rs 9 Per Share—
24 Jul 2025DIVIDENDDividend - Rs 4 Per Share—
25 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
14 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
21 Sep 2022DIVIDENDAnnual General Meeting/Dividend - Rs 3 Per Share—
20 Sep 2021DIVIDEND Annual General Meeting/Dividend - Rs 2.40 Per Share—
21 Aug 2020DIVIDEND Annual General Meeting/Dividend - Rs 2 Per Share—
19 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 1.20 Per Sh—
24 Aug 2018DIVIDEND Annual General Meeting/Dividend- Re 1 Per Share—
21 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.80 Per Share—
4 Jul 2016DIVIDEND Annual General Meeting/ Dividend -Re 0.80/- Per Share—
23 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Re 0.80/- Per Share—
22 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Re 0.80/- Per Share—
20 Sep 2013DIVIDENDAnnual General Meeting / Dividend - Re 0.80/- Per Share—
17 Sep 2012DIVIDENDAnnual General Meeting And Dividend Re.0.80 Per Share—
30 Aug 2011DIVIDENDAnnual General Meeting/Dividend Re 0.70 Per Share—
31 Aug 2010DIVIDENDAnnual General Meeting And Dividend Re.0.60 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman