*Radico Khaitan Ltd.* | *CMP* Rs. 400 | *M Cap* Rs. 5341 Cr | *52 W H/L* 439/220
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 409.2 Cr (-30.1% QoQ, -34.4% YoY) vs expectation of Rs. 562.2 Cr, QoQ Rs. 585.4 Cr, YoY Rs. 623.6 Cr
EBIDTA came at Rs. 75.8 Cr (-7.9% QoQ, -23.6% YoY) vs expectation of Rs. 41.2 Cr, QoQ Rs. 82.3 Cr, YoY Rs. 99.2 Cr
EBITDA Margin came at 18.5% vs expectation of 7.3%, QoQ 14.1%, YoY 15.9%
Adj. PAT came at Rs. 44.1 Cr vs expectation of Rs. 16.2 Cr, QoQ Rs. 47 Cr, YoY Rs. 54.8 Cr
Quarter EPS is Rs. 3.3
Share is trading at P/E of 24.2x FY21E EPS