---
title: "Radico Khaitan Finance Ltd (511320) — Share Price, Financials & Analysis"
symbol: "511320"
company: "Radico Khaitan Finance Ltd"
canonical: "https://tapetide.com/stocks/511320"
isin: "INE146D01017"
bse_code: "511320"
generated_at: "2026-10-13T11:00:48.392Z"
---

# Radico Khaitan Finance Ltd (511320)

Canonical page: https://tapetide.com/stocks/511320

## Company

- **BSE Code:** 511320
- **ISIN:** INE146D01017
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** radicokhaitan.com

## About

Radico Khaitan Finance Limited was incorporated in the name of “Khaitan Financial Enterprises Private Limited” in 1984. Subsequently, it changed to “Khaitan Financial Enterprises Limited” and further to “ RADICO KHAITAN FINANCE LIMITED”.[1]

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -176% |
| revenue growth | -33% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Jun 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.19 | 6.97 | 27.49 | 22.78 | 3.56 | 2.41 | 0.06 | 19.1 | 9.71 | 4.34 | 1.72 | 0.99 |
| Expenses | 10.89 | 7.74 | 26.7 | 21.24 | 0.15 | 0.23 | 0.22 | 18.31 | 9.08 | 5.1 | 0.15 | 3.76 |
| Operating Profit | 0.3 | -0.77 | 0.79 | 1.54 | 3.41 | 2.18 | -0.16 | 0.79 | 0.63 | -0.76 | 1.57 | -2.77 |
| OPM % | 2.68 | -11.05 | 2.87 | 6.76 | 95.79 | 90.46 | -266.67 | 4.14 | 6.49 | -17.51 | 91.28 | -279.8 |
| Other Income | 0.01 | 0 | 0.18 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0.16 | 0.27 | 0.29 | 0.28 | 0.39 | 0.33 | 0.39 | 0.35 | 0.35 | 0.33 | 0.3 |
| Depreciation | 0.01 | 0.07 | 0.08 | 0.05 | 0.05 | 0.01 | 0.03 | 0.06 | 0.07 | 0.04 | -0.09 | 0.02 |
| Profit before tax | 0.3 | -1 | 0.62 | 1.2 | 3.08 | 1.78 | -0.51 | 0.34 | 0.21 | -1.15 | 1.33 | -3.09 |
| Tax % | 0 | 0 | 4.84 | 0 | 0 | 0 | 233.33 | 0 | 0 | 0 | -3.01 | 0 |
| Net Profit | 0.3 | -1 | 0.59 | 1.2 | 3.08 | 1.78 | -1.71 | 0.33 | 0.21 | -1.15 | 1.38 | -3.09 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 4.92 | 4.01 | 8.59 | 5.23 | 54.48 | 28.71 | 34.86 | 16.76 |
| Expenses | 4.34 | 3.58 | 8.13 | 5.37 | 52.74 | 21.84 | 32.64 | 18.09 |
| Operating Profit | 0.58 | 0.43 | 0.46 | -0.14 | 1.74 | 6.87 | 2.22 | -1.33 |
| OPM % | 11.79 | 10.72 | 5.36 | -2.68 | 3.19 | 23.93 | 6.37 | -7.94 |
| Other Income | 0.02 | 0.01 | 0 | 0.28 | 0.18 | 0.11 | 0 | 0 |
| Interest | 0.09 | 0.07 | 0.06 | 0.04 | 0.82 | 1.29 | 1.41 | 1.33 |
| Depreciation | 0.38 | 0.28 | 0.22 | 0.15 | 0.3 | 0.15 | 0.08 | 0.04 |
| Profit before tax | 0.13 | 0.09 | 0.18 | -0.05 | 0.8 | 5.54 | 0.73 | -2.7 |
| Tax % | 15.38 | 55.56 | 33.33 | 0 | 3.75 | 21.48 | -5.48 | — |
| Net Profit | 0.11 | 0.04 | 0.12 | -0.05 | 0.77 | 4.34 | 0.77 | -2.65 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 9 | 9 | — | 0 | 0 |
| Reserves | 0.97 | 1.01 | 1.14 | 1.1 | — | 15.73 | 13.24 |
| Borrowings | 0.81 | 0.71 | 0.5 | 0.27 | — | 12.72 | 0.75 |
| Other Liabilities | 0.13 | 0.11 | 0.13 | 0.06 | — | 0.3 | 12.04 |
| Total Liabilities | 10.91 | 10.83 | 10.77 | 10.43 | — | 28.75 | 26.03 |
| Fixed Assets | 0.91 | 0.71 | 0.47 | 0.32 | — | 0.24 | 0.28 |
| CWIP | 0 | 0 | 0 | 0 | — | 0 | 0 |
| Investments | 0.38 | 0.44 | 2.94 | 0.44 | — | 24.15 | 14.5 |
| Other Assets | 9.62 | 9.68 | 7.36 | 9.67 | — | 4.36 | 11.25 |
| Total Assets | 10.91 | 10.83 | 10.77 | 10.43 | — | 28.75 | 26.03 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | 0 | 0.05 | 0 | 0 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0.05 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0.05 | 0 | 0 |
| CFO/OP | 0 | 0 | 0 | 0 | 3 | 0 | 0 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 238.88 | 293.09 | 136.82 | 233.8 | — | 0 | 0 |
| Inventory Days | 154.81 | 154.89 | 99.55 | 313.73 | — | 0 | 0 |
| Days Payable | 0 | 0 | 0.5 | 0 | — | — | — |
| Cash Conversion Cycle | 393.7 | 447.98 | 235.86 | 547.53 | — | 0 | 0 |
| Working Capital Days | 366.48 | 422.34 | 234.98 | 540.17 | — | 1.02 | -31.73 |
| ROCE % | — | 1.49 | 2.25 | -0.1 | — | — | 10.08 |

## Shareholding Pattern

### annual

| Category | Dec 2016 |
| --- | --- |
| Promoters | 32.04% |
| Public | 67.96% |
| No. of Shareholders | 12139 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 |
| --- | --- | --- | --- |
| Promoters | 32.04% | 32.04% | 32.04% |
| Public | 67.96% | 67.96% | 67.96% |
| No. of Shareholders | 12433 | 12373 | 12139 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2338.71 | Sell |
| EMA (10) | 2317.06 | Sell |
| SMA (20) | 2416.17 | Sell |
| EMA (20) | 2396.71 | Sell |
| SMA (50) | 2590.3 | Sell |
| EMA (50) | 2548.38 | Sell |
| SMA (100) | 2769.19 | Sell |
| EMA (100) | 2644.79 | Sell |
| SMA (200) | 2712.66 | Sell |
| EMA (200) | 2699.88 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 21.6 | Buy |
| MACD (12,26,9) | -98.74 | Sell |
| Stochastic (14,3,3) | 13.34 | Buy |
| ADX (14) | 30.37 | Buy |
| Williams %R (14) | -83.56 | Buy |
| ATR (14) | 89.1 | High Volatility |
| ROC (12) | -11.33 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 45.68 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2017-02-10 | [Standalone Financial Results, Limited Review Report for December 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/2/9D548B88_FC17_4199_BFE5_EDC16205197C_161553.pdf) |
| 2017-01-30 | [Board Meeting Intimation for Results & Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/1/4250FB17_D505_4397_941D_FE1F751D9688_183330.pdf) |
| 2017-01-13 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended December 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/1/B1B09985_D853_404E_BBB5_6206B40290BC_113519.pdf) |
| 2017-01-12 | [Statement of deviation or variation for the quarter ended December 31, 2016](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/1/C7638F2F_1490_4CBD_B0CB_C85B04D36959_183123.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/590083/5900830316.pdf) |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/590083/5900830314.pdf) |
| Mar 2013 | [Financial Year 2013](https://www.bseindia.com/bseplus/AnnualReport/590083/5900830313.pdf) |
| Mar 2012 | [Financial Year 2012](https://www.bseindia.com/bseplus/AnnualReport/590083/5900830312.pdf) |
| Mar 2011 | [Financial Year 2011](https://www.bseindia.com/bseplus/AnnualReport/590083/5900830311.pdf) |
| Mar 2010 | [Financial Year 2010](https://www.bseindia.com/bseplus/AnnualReport/590083/5900830310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:48.392Z.