Radico khaitan: alcoholic child

[Investor_No_1]

@sujay85

Mainly on valuation grounds. Radico has started performing well & continuously gaining market share in the recent years and is still available at half the valuations of its marquee peers. Rerating is ongoing in Radico while Derating is ongoing in the other two. The divergence is visible in the last 5 years.

@Investor_No_1

Also your thoughts on united breweries as we compare above two?

United Breweries & United Spirits have purportedly better brands, however, Radico still was able to take away market share, which is commendable. I was hooked to its story after reading about Abhishek Khaitan in The Consolidators book.

@Investor_No_1

Lastly did you invest in radico recently or it is a long term holding?

Invested about an year back.

Thanks for the details above. However, for long term investors, if you believe in the story and management, don’t you think that derating is an opportunity to invest in MNCs like US and UB?
I will try to get hold of the book you mention and check it out. Thanks