CMP: 145

Radico Khaitan Ltd. produces and distributes branded liquor. The Company operates molasses and grain distilleries and produces whiskey, rum, brandy, and vodka. Radico also produces country liquor and extra neutral alcohol.

Radico Khaitan is a decent bet in mid-cap space trading at a P/E of 27. It runs at a debt of 616 Crores with 20 Crores cash in hand. Debt levels are high, through brand value is good. Revenues have risen from 809 Crores to 1144 Crores in the last 5 years. Profits have risen from 33 Crores to 64 Crores in the last 5 years. Profit margins have risen from 4% to well over 5% in the last 5 years. Buy and book profits when Nifty peaks.