Radico Khaitan Share Price Target: Global brokerage firm Nuvama Wealth Management has reiterated a ‘Buy’ call on Radico Khaitan, a stock engaged in the breweries and alcoholic beverages business, after the company reported its Q4 results.
Radico Khaitan Q4 ResultsThe company reported net sales of Rs 1,503.71 crore for the quarter ended March 2026, up 15.3 per cent from Rs 1,304.08 crore in the corresponding quarter last year. EBITDA stood at Rs 290.30 crore, rising 62.2 per cent from Rs 178.99 crore in March 2025.
Following the strong fourth-quarter performance, the brokerage has maintained a bullish outlook on the stock and expects further upside from current levels.
Radico Khaitan Outlook
The brokerage said the company’s luxury brands are scaling rapidly, supported by robust demand for Indian single malts and craft gin. Revenue and earnings are expected to remain strong, with Nuvama projecting 15 per cent revenue CAGR and 32 per cent EPS CAGR over FY25–FY29E.
Additionally, the company is expected to turn nearly debt-free by FY27E, which could improve return ratios and support RoCE expansion over the medium term.
Overall, Nuvama said the stock remains well-positioned for strong growth and potential re-rating, with the Rs 4,285 target price based on FY29E earnings estimates.
The brokerage also noted that the regulatory environment remains supportive across key states, aiding pricing power and margin expansion. Demand continues to remain strong in premium IMFL categories.
Radico Khaitan Stock Performance
The stock has shown strong multibagger characteristics with significant long-term wealth creation. Despite short-term volatility, including a 3.5 per cent decline over the past week and muted performance over two weeks, the broader trend remains strong.
Radico Khaitan has delivered nearly 29.8 per cent returns in the last three months, 40.5 per cent over one year, and 110 per cent over two years, reflecting sustained momentum.
The longer-term compounding story is even stronger, with the stock gaining nearly 196 per cent in three years, 449 per cent in five years, and an extraordinary 3,962 per cent over the past decade.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
