Radico Khaitan Achieves 52-Week High Amid Strong Financial Performance and Growth

Radico Khaitan, a prominent player in the beverages industry, has made headlines today as its stock price reached a new 52-week high of Rs. 3069.45. This milestone reflects the company's robust performance over the past year, with a remarkable growth rate of 43.24%, significantly outperforming the Sensex, which has seen a decline of 2.38% during the same period.
Despite a slight underperformance of 0.87% against its sector today, Radico Khaitan continues to demonstrate strong fundamentals. The company boasts a low Debt to EBITDA ratio of 0.96 times, indicating a solid ability to manage its debt. Additionally, its net sales have grown at an impressive annual rate of 18.73%, while operating profit has increased by 15.79%. The company has consistently reported positive results over the last four quarters, with a net profit growth of 43.16% noted in its latest earnings report.

Radico Khaitan's strong institutional holdings at 43.74% further underscore its market position, as these investors typically possess the resources to analyze company fundamentals effectively. With a favorable operating profit to interest ratio and a low debt-equity ratio, Radico Khaitan remains a noteworthy entity in the midcap segment of the market.