Radico Khaitan Limited's (NSE:RADICO) Price In Tune With Revenues
Apr 10
Indian (NIFTY) Beverage Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies21
- 7D-1.4%
- 3M7.5%
- 1Y67.6%
- YTD11.7%
Over the last 7 days, the Beverage industry has dropped 1.4%, driven by a pullback from Radico Khaitan of 4.9%. Meanwhile, United Spirits actually outperformed within the industry, gaining 5.2% in the last week. In the past year, the industry has gained 68%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Indian Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹3.7t | ₹484.5b | ₹46.3b | 39.1x | 79.2x | 7.6x |
| Sat, 06 Apr 2024 | ₹3.6t | ₹482.6b | ₹45.9b | 39.7x | 79.2x | 7.5x |
| Mon, 04 Mar 2024 | ₹3.6t | ₹482.6b | ₹45.9b | 39.2x | 77.6x | 7.4x |
| Wed, 31 Jan 2024 | ₹3.3t | ₹470.8b | ₹44.6b | 25.7x | 73.6x | 7x |
| Fri, 29 Dec 2023 | ₹3.3t | ₹466.9b | ₹43.1b | 32x | 75.6x | 7x |
| Sun, 26 Nov 2023 | ₹2.9t | ₹466.9b | ₹43.1b | 30x | 67.9x | 6.3x |
| Tue, 24 Oct 2023 | ₹2.7t | ₹458.2b | ₹43.9b | 26.7x | 61.1x | 5.8x |
| Thu, 21 Sep 2023 | ₹2.7t | ₹627.2b | ₹44.1b | 26.5x | 60.7x | 4.3x |
| Sat, 19 Aug 2023 | ₹2.6t | ₹627.1b | ₹44.1b | 22x | 59.5x | 4.2x |
| Mon, 17 Jul 2023 | ₹2.5t | ₹615.8b | ₹39.8b | 25x | 63.1x | 4.1x |
| Wed, 14 Jun 2023 | ₹2.4t | ₹616.0b | ₹39.8b | 24.7x | 60.1x | 3.9x |
| Fri, 12 May 2023 | ₹2.3t | ₹441.7b | ₹40.4b | 21.4x | 55.6x | 5.1x |
| Sun, 09 Apr 2023 | ₹2.1t | ₹438.6b | ₹40.1b | 29.6x | 52.1x | 4.8x |
| Tue, 07 Mar 2023 | ₹2.1t | ₹430.6b | ₹40.1b | 34.9x | 51.9x | 4.8x |
| Thu, 02 Feb 2023 | ₹2.0t | ₹412.5b | ₹39.7b | 42.8x | 50.3x | 4.8x |
| Sat, 31 Dec 2022 | ₹2.2t | ₹420.5b | ₹40.3b | 41.3x | 54.2x | 5.2x |
| Mon, 28 Nov 2022 | ₹2.0t | ₹416.3b | ₹39.8b | 32.8x | 51.4x | 4.9x |
| Wed, 26 Oct 2022 | ₹1.9t | ₹404.4b | ₹38.9b | 22.4x | 49.9x | 4.8x |
| Fri, 23 Sep 2022 | ₹2.1t | ₹396.0b | ₹35.6b | 25.9x | 57.5x | 5.2x |
| Sun, 21 Aug 2022 | ₹1.9t | ₹396.0b | ₹35.7b | 23.5x | 52.2x | 4.7x |
| Tue, 19 Jul 2022 | ₹1.8t | ₹342.2b | ₹27.3b | 19.5x | 65x | 5.2x |
| Thu, 16 Jun 2022 | ₹1.6t | ₹339.5b | ₹27.2b | 15.2x | 59.9x | 4.8x |
| Sat, 14 May 2022 | ₹1.6t | ₹325.4b | ₹27.2b | 18.5x | 59.2x | 5x |
| Mon, 11 Apr 2022 | ₹1.7t | ₹318.8b | ₹25.3b | 18.3x | 66.7x | 5.3x |
| Wed, 09 Mar 2022 | ₹1.5t | ₹318.8b | ₹25.3b | 19x | 58.2x | 4.6x |
| Fri, 04 Feb 2022 | ₹1.7t | ₹313.2b | ₹25.1b | 22.6x | 67.9x | 5.4x |
| Sun, 02 Jan 2022 | ₹1.7t | ₹305.9b | ₹25.5b | 20.1x | 66.3x | 5.5x |
| Tue, 30 Nov 2021 | ₹1.6t | ₹305.9b | ₹25.5b | 19.3x | 63.7x | 5.3x |
| Thu, 28 Oct 2021 | ₹1.6t | ₹288.7b | ₹21.8b | 27x | 74.7x | 5.6x |
| Sat, 25 Sep 2021 | ₹1.6t | ₹286.8b | ₹21.7b | 27.6x | 74.2x | 5.6x |
| Mon, 23 Aug 2021 | ₹1.4t | ₹304.1b | ₹22.1b | 27.3x | 64.1x | 4.7x |
| Sat, 10 Jul 2021 | ₹1.3t | ₹304.1b | ₹22.1b | 24.5x | 59.8x | 4.4x |
Price to Earnings Ratio
78.3x
Current Industry PE
- Investors are optimistic on the Indian Beverage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 79.2x which is higher than its 3-year average PE of 63.1x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 7.6x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 21% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Consumer Staples industry?
| IN Market | -1.98% | |
| Consumer Staples | 2.18% | |
| Beverage | -1.43% | |
| Distillers and Wine Makers | 0.46% | |
| Brewers | -1.99% | |
| Soft Drinks | -2.48% | |
Industry PE
- Investors are most optimistic about the Brewers industry, which is trading close to its 3-year average PE ratio of 131x.
- Analysts are expecting annual earnings growth of 35.0%, which is higher than its past year's earnings growth of 8.7% per year.
- Investors are most pessimistic about the Distillers and Wine Makers industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 49.4x.
Forecasted Growth
- Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings growth rate of 8.7% per year.
- In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MCDOWELL-N United Spirits | ₹1.24k | 5.2% +₹43.2b | 55.9% | PE69.3x | |
| VBL Varun Beverages | ₹1.50k | 1.6% +₹31.0b | 87.2% | PE95x | |
| 526471 Winsome Breweries | ₹35.58 | 27.5% +₹212.5m | 239.2% | PE160.3x | |
| 531879 Pioneer Distilleries | ₹182.00 | 0.4% +₹8.7m | 0.6% | PS1.1x | |
| 531635 Silver Oak (India) | ₹63.13 | 2.8% +₹6.5m | 52.9% | PS1188.5x |