1.
BUY TO SELL STOCKS FOR SHORT TERM GAINS
25TH FEBRUARY 2018
RADICO KHAITAN LTD BUY POTENTIAL UPSIDE: 17.6%
CURRENT MARKET PRICE: 353.00 TARGET PRICE: 415.00
BSE Code 532497 Market Cap (Crores) 4707.26
NSE Code RADICO Dividend Yield 0.23
Book Value 77.28 P/E 44.43
Face Value 2 EPS 7.95
STOCK RECOMMENDATION

2.
15% @ 90 DAYS – FEBRUARY 2018
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Comparative Chart (Last 1 Year)
Returns: Radico Khaitan & Nifty:
Nifty: 17.9% Radico Khaitan: 164.0%
Stock Resistance and Support:
1st Resistance – 383 1st Support – 322
2nd Resistance – 402 2nd Support – 300

3.
15% @ 90 DAYS – FEBRUARY 2018
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Financials at a Glance:
Quarterly Results of Radico Khaitan Ltd (Rs. In Crores)
Particulars Dec 2017 Sep 2017 Jun 2017 Mar 2017
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 482.5 448.2 411.3 383.2
Other Operating Income -- -- -- 9.85
Total Income From Operations 482.5 448.2 411.3 393
Consumption of Raw Materials 228.6 233.7 225.3 212.7
Purchase of Traded Goods 14.38 3 2.35 1.94
Increase/Decrease in Stocks 6.13 1.85 -3.82 0.33
Power & Fuel -- -- -- --
Employees Cost 40.47 39.15 33.96 34.89
Depreciation 10.31 10.2 10.15 10.21
Admin & Selling Expenses 59.11 54.05 40.99 48.83
Provisions And Contingencies -- -- -- --
Other Expenses 58.34 50.72 50.52 47.49
Other Income 6.2 5.12 5.27 5.41
P/L Before Int., Excpt. Items & Tax 71.43 60.66 57.1 42.06
Interest 16.9 17.66 18.86 18.84
P/L Before Excpt. Items & Tax 54.52 42.99 38.24 23.23
Exceptional Items -- -- -- --
P/L Before Tax 54.52 42.99 38.24 23.23
Tax 19.51 14.39 12.55 6.6
P/L After Tax 35.01 28.6 25.69 16.63
Prior Year Adjustments -- -- -- --
Net Profit/(Loss) 35.01 28.6 25.69 16.63
Equity Share Capital 26.66 26.63 26.61 26.61
EPS 2.63 2.15 1.93 1.25
No Of Shares with Public 7,94,44,947 7,93,13,947 7,92,08,947 7,92,08,947
Public Share Holding (%) 59.61 59.57 59.54 59.54

4.
15% @ 90 DAYS – FEBRUARY 2018
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Basis of Recommendation:
i) Technical Analysis
Disclaimer:
Important Notice: Saral Gyan Capital Services is an Independent Equity Research Company.
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