Radico Khaitan Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹60,122 Cr
- Book Value
- ₹248
- Stock P/E
- 84.6
- Dividend Yield
- 0.20%
- ROE
- 20.3%
- ROCE
- 24.2%
- PEG Ratio
- 4.90
- EV/EBITDA
- 52.1
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Technical snapshot
EOD ·Radico Khaitan Ltd closed at ₹4,696.00 on 19 August 2026, down 0.8% on the day, 13.9% above its 50-day average, 1.1% below its 52-week high, with volume at 0.54× its 20-session average.
- RSI 14
- 73.3
- vs 50-day SMA
- +13.9%
- vs 200-day SMA
- +40.4%
- From 52-week high
- -1.1%
- Relative volume
- 0.54×
- 20-day return
- +13.2%
End-of-day prices from exchange-published files (NSE/BSE bhavcopy), updated after market close. Descriptive statistics, not investment advice.
Radico Khaitan share price today
Radico Khaitan (NSE: RADICO) is Indian spirits’ premiumisation story told fastest. Magic Moments made it the vodka category; then management went upmarket with intent: Rampur single malt selling at global-collector prices, Jaisalmer gin on five-star backbars worldwide, and a luxury-portfolio pipeline that keeps landing. Three-year profit CAGR: 41% — brand-building maths, where each price tier up multiplies margin.
At a demanding 84.6×, the strategy is visibly working — and the multiple visibly knows it.
The premium ladder
Spirits economics reward altitude: grain-spirit costs are similar at every price point, so a ₹4,000 bottle of Rampur carries margin a ₹400 bottle cannot dream of. Radico’s IMFL base funds the climb, its distillery heritage (est. 1943, Rampur distillery) gives luxury credibility money can’t fake, and India’s whisky-drinking demographics premiumise a little every year. State-excise policy remains the sector’s weather — pricing and route-to-market are regulated province by province.
What matters next: luxury-portfolio depletion rates (are the bottles actually selling through?), grain and ENA input costs, state excise-policy shifts, and the multiple — at 85×, the story must outrun the arithmetic every quarter.
The numbers
Financial snapshot — 5 August 2026
| Metric | Value |
|---|---|
| Market cap | ₹60,122 Cr |
| P/E (TTM) | 84.6 |
| EV/EBITDA | 52.1 |
| Operating margin | 18.3% |
| ROE / ROCE | 20.3% / 24.2% |
| Debt to equity | 0.15 |
| Sales CAGR (5y) | 20.5% |
| Profit CAGR (5y) | 17.3% |
| Promoter holding | 40.2% |
| EPS (TTM) | ₹52.61 |
Radico Khaitan share price target 2026 to 2030
EPS base ₹52.61 (TTM). Bear: premiumisation stalls, excise bites — 10% growth, multiple at 42×. Base: the ladder keeps climbing — 17% growth at 58×. Bull: Rampur/Jaisalmer become global luxury franchises — 23% growth at 75×.
From ₹4,450, the base case is ≈ +50% over four and a half years; the bear is −20%. That asymmetry shows how quickly an 84.6× consumer story can punish even a temporary slowdown.
What supports the case
- A working premiumisation ladder — Magic Moments to Rampur, each rung multiplying margin.
- Luxury credibility (heritage distillery, global awards) that entrants cannot purchase.
- 41% three-year profit CAGR shows mix-shift hitting the P&L now.
- India’s spirits demographics premiumise structurally for a decade-plus.
- Own-brand IMFL base funds the climb without leverage (D/E 0.15).
The risks: 85× is priced for uninterrupted success, state excise policy can reset economics overnight, and luxury depletions are hard to verify from outside.
What to weigh at the current price
The tension is whether Rampur and Jaisalmer can keep lifting mix fast enough for earnings to catch an 84.6× valuation before excise or input costs interrupt the climb.
FAQ
What is the Radico Khaitan share price target for 2030? The table above sets out bear, base and bull scenarios for each year to 2030. They are valuation sensitivities, not promised prices.
What brands does Radico own? Magic Moments vodka, Morpheus brandy, 8PM whisky, After Dark, Rampur Indian single malt and Jaisalmer gin — a full ladder from popular to global luxury.
Why do spirits companies trade at such high multiples? Brand annuities with pricing power, in a category where advertising bans freeze competitive positions — the market pays up for moats regulation itself maintains.
When are Radico’s next results? Check the results calendar and confirm the announced date in the relevant exchange filing.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.