15% @ 90 Days - Radico Khaitan Ltd

1. BUY TO SELL STOCKS FOR SHORT TERM GAINS
07TH
OCTOBER 2018
RADICO KHAITAN LTD BUY POTENTIAL UPSIDE: 17.5%
CURRENT MARKET PRICE: 323.45 TARGET PRICE: 380.00
BSE Code 532497 Market Cap (Crores) 4312.00
NSE Code RADICO Dividend Yield 0.31
Book Value 85.68 P/E 29.70
Face Value 2 EPS 10.89
STOCK RECOMMENDATION

2. 15% @ 90 DAYS – OCTOBER 2018
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Returns: Radico Khaitan & Nifty:
Nifty: 3.3% Radico Khaitan: 84.8%
Stock Resistance and Support:
1st
Resistance – 350 1st
Support – 315
2nd
Resistance – 372 2nd
Support – 300

3. 15% @ 90 DAYS – OCTOBER 2018
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Financials at a Glance:
Quarterly Results of Radico Khaitan Ltd (Rs. In Crores)
Particulars Jun 2018 Mar 2018 Dec 2017 Sep 2017
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 516.38 480.76 482.52 448.19
Other Operating Income -- -- -- --
Total Income From Operations 516.38 480.76 482.52 448.19
Consumption of Raw Materials 249 251.65 228.55 233.68
Purchase of Traded Goods 1.68 5.82 14.38 3
Increase/Decrease in Stocks 2.94 -16.7 6.13 1.85
Power & Fuel -- -- -- --
Employees Cost 36.51 41.35 40.47 39.15
Depreciation 10.14 10.23 10.31 10.2
Admin & Selling Expenses 68.63 61.72 59.11 54.05
Provisions And Contingencies -- -- -- --
Other Expenses 66.43 70.38 58.34 50.72
Other Income 2.73 10.08 6.2 5.12
P/L Before Int., Excpt. Items & Tax 83.77 66.38 71.43 60.66
Interest 10.96 14.81 16.9 17.66
P/L Before Excpt. Items & Tax 72.82 51.56 54.52 42.99
Exceptional Items -- -- -- --
P/L Before Tax 72.82 51.56 54.52 42.99
Tax 25.45 17.38 19.51 14.39
P/L After Tax 47.37 34.19 35.01 28.6
Prior Year Adjustments -- -- -- --
Net Profit/(Loss) 47.37 34.19 35.01 28.6
Equity Share Capital 26.66 26.66 26.66 26.63
EPS 3.55 2.56 2.63 2.15
No. of Shares with Public 7,94,77,447 7,94,77,447 7,94,44,947 7,93,13,947
Public Share Holding (%) 59.62 59.62 59.61 59.57

4. 15% @ 90 DAYS – OCTOBER 2018
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Basis of Recommendation:
i) Technical Analysis
Disclaimer:
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