Radico Khaitan - 4QFY21 - Result Update by Mr. Amarjeet Maurya, Angel Broking Ltd
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Below are Quote On Radico Khaitan -4QFY21 - Result Update by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Radico Khaitan Ltd (RKL) reported revenue of ~Rs695cr (up 19% YoY) due to volume growth ( up 7.8%) and balance from improvement in realization. Excluding Andhra Pradesh, total IMFL volume growth was strong double digit. On the EBITDA front, the company has reported Rs101cr and EBITDA margin at 14.6%, which is up by 53bps yoy due to lower cost. On the bottom-line front, PAT grew by ~91% to Rs74cr. Overall 4Q results were in line with expectation. Hence, we are positive on stock.
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