Company Valuation: Radico Khaitan Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 74,805 1,18,696 1,59,687 2,31,027 3,25,012 3,87,099 - -
Change - 58.67% 34.53% 44.67% 40.68% 19.1% - -
Enterprise Value (EV) 1 74,805 1,19,622 1,65,915 2,37,398 3,30,747 3,92,393 3,88,460 3,82,907
Change - 59.91% 38.7% 43.08% 39.32% 18.64% -1% -1.43%
P/E ratio 27.7x 47.1x 78.1x 90.3x 94.2x 69.1x 52.4x 42.7x
PBR 4.24x 5.97x 7.42x 9.72x 12.1x 12.1x 10.1x 8.34x
PEG - -6.91x -4.1x 3.6x 2.7x 1.1x 1.7x 1.9x
Capitalization / Revenue 3.09x 4.14x 5.08x 5.61x 6.7x 6.39x 5.62x 4.98x
EV / Revenue 3.09x 4.17x 5.28x 5.76x 6.82x 6.48x 5.64x 4.92x
EV / EBITDA 18.3x 29.7x 46.3x 46.9x 49.1x 41.6x 33.6x 28x
EV / EBIT 21.1x 35.5x 57.7x 60.5x 62x 49.1x 38.5x 31.7x
EV / FCF 27.9x 142x -34x -342x 182x 111x 68.5x 56.6x
FCF Yield 3.59% 0.7% -2.95% -0.29% 0.55% 0.9% 1.46% 1.77%
Dividend per Share 2 2.4 3 3 3 4 5.933 7.467 9.067
Rate of return 0.43% 0.34% 0.25% 0.17% 0.16% 0.21% 0.26% 0.31%
EPS 2 20.25 18.87 15.29 19.13 25.79 41.85 55.13 67.78
Distribution rate 11.9% 15.9% 19.6% 15.7% 15.5% 14.2% 13.5% 13.4%
Net sales 1 24,181 28,680 31,428 41,185 48,512 60,575 68,927 77,752
EBITDA 1 4,089 4,022 3,584 5,061 6,737 9,425 11,546 13,668
EBIT 1 3,550 3,373 2,875 3,923 5,336 7,987 10,079 12,095
Net income 1 2,706 2,522 2,044 2,558 3,452 5,585 7,366 9,064
Net Debt 1 - 926.8 6,229 6,371 5,735 5,293 1,360 -4,193
Reference price 2 560.05 887.95 1,194.60 1,727.75 2,428.95 2,891.10 2,891.10 2,891.10
Nbr of stocks (in thousands) 1,33,568 1,33,674 1,33,674 1,33,715 1,33,808 1,33,893 - -
Announcement Date 01/06/21 30/05/22 25/05/23 14/05/24 06/05/25 - - -
1INR in Million2INR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
69.08x6.48x41.63x0.21% 426.64Cr
13.76x3.54x10.91x4.68% 4.93TCr
12.75x2.94x9.82x6.2% 2.19TCr
16.19x3.73x12.09x3.5% 1.23TCr
10.35x1.29x8.05x5.51% 896.74Cr
40.76x4.75x25.38x1.21% 423.9Cr
24.14x3.02x13.39x2.86% 247.12Cr
50.6x - - 0.96% 145.77Cr
41.59x2.47x20.85x1.94% 136.91Cr
Average 31.02x 3.53x 17.76x 3.01% 1.18TCr
Weighted average by Cap. 17.95x 3.39x 12.60x 4.48%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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