Knowledge (XXG)

Radico Khaitan

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Diageo Radico launched Masterstroke Deluxe Whisky in the premium segment in March 2007. However, the joint venture did not launch any new brands following that. Diageo instead developed its own marketing and distribution machinery to strengthen its presence in India. In 2011, Diageo announced its intention to buy half of Radico's stake in the JV. In October 2007, Radico entered into a tripartite joint venture with NV Distillers and Ridhi Sidhi Pvt Ltd to set up a greenfield distillery in Aurangabad, Maharashtra with a combined investment of
802:, is Radico Khaitan's first and largest distillery, with a production capacity of 125 million litres per annum. It manufactures high grade ENA from molasses and grain with a production capacity of 75 Million litres of molasses ENA, 30 million litres of grain neutral spirit and 460 thousands litres of malt whisky annually. Rampur Distillery also manufactures country liquor and IMFL, of which some IMFL meets the domestic requirement and the rest is exported. 530:, becoming the first Indian liquor company to have overseas production lines. The joint ventures are intended to help Radico launch its brands in the UK and African markets. Radico handles sales, marketing and distribution functions, while manufacturing is outsourced to the local partner. The whiskies Radico sells outside India are grain-based, while its whiskies in India are made from molasses. In August 2006, 2345: 280: 248: 216: 184: 152: 408:
throughout his life, and even Khaitan himself had never tasted alcohol until his father bought the distillery. G. N. Khaitan divided the family business (which included construction, real estate, liquor industries and others) among his 4 sons in 1995, and Lalit Khaitan inherited the relatively small
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brand available in India in the lower price range at that time. The Khaitans intended to launch a brand to target that segment, but had low finances, which was compounded by the entry of MNCs into the Indian liquor industry. The first Radico Khaitan IMFL brand was 8 PM whisky, launched in 1999, and
599:. The unit started with a production rate of 08.5 million bottles annually in October 2004, and currently produces 600 million PET bottles that cater to Radico's own captive consumption of 300 million bottles annually, while the sold to outside clients in liquor, pharmaceuticals and 482:
in the Indian market. On 14 January 2003, RKL president (finance) RK Mehrotra announced that the company was planning to set up a bottling facility in Mauritius for their 8PM brand through a tie-up with a local company. In July 2003, Radico announced the installation of an ENA deluxe plant at its
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and Radico Khaitan announced a 50:50 JV called Diaego Radico Distilleries Pvt Ltd in the Indian spirits market, with the latter handling distribution and manufacturing base and former providing marketing. The move marked Diageo's return to the IMFL market, which it had previously exited in 2001.
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bottles and jars for the pharmaceutical, cosmetics, home & personal care, edible oil and confectionery industries. It utilizes single stage machines of Nissei ASB Machine Co. Ltd., Japan to meet in-house needs, but eventually began supplying PET bottles even to competitors. The PET division
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The unit is self-sufficient in meeting its fuel and power requirements by utilizing its effluent for generating the biogas which, in turn, is utilized for generating the steam and power for its captive requirement. The distillery complies with the zero discharge concept set up by the
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365 million. The company undertook a major expansion of its solvent extraction plant to increase the capacity from 300 tpd to 600 tpd in 1994, and launched Contessa Rum, Contessa Whisky and a few other products in CMI markets in 1995. Contessa Rum is mainly sold to the
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market in November 2005, with the launch of the grain-based Magic Moments vodka. Although Magic Moments was not an instant success like 8 PM, it earns Radico more revenue than 8 PM. In 2005, the company set up a grain-based distillery plant in Uttar Pradesh at a cost of
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currently Radico's flagship brand. According to Abhishek Khaitan, the name was chosen as the company felt that "8 was the simplest thing to depict", and also because "people usually start drinking at 8 pm." in India. The TV advert for the whisky was in
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and secondary treatment plant. The company also modernized the distillery unit by installing new copper distillation plant and a fully automatic bottling line. It also balanced its Single Superphosphate (SSP) plant by putting equipment like a
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6.5 million in 1979. It was only in 1999 that the company commenced production of its own brands. Lalit Khaitan's father, G. N. Khaitan, bought out the loss-making Rampur Distillery from Vishnu Hari Dalmia for
363:. It is the fourth largest Indian liquor company. Radico brands are sold in more than 85 countries, including USA, Canada, South America, Africa, Europe, South East Asia, Australia, New Zealand and the Middle East. 562:
in April 2009, through its joint venture with E&J Gallo, which owns the brand. Radico had already been selling other E&J Gallo brands such as André, Wine Cellars, Sonoma County and Turning Leaf in India.
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While planning to launch a new brand in 1996, Khaitan and his son Abhishek, who had joined the company recently, found that more Scotch was consumed in India than was bottled in Scotland, and there was no Scotch
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liquor division. Prior to that the distillery was run by Lalit's cousin and others. In 1991, Radico set up a malt spirit plant with an installed capacity of 460 KL per annum; a
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300 million in 2004, gaining control of the Whytehall brand. In a press release on 7 April 2004, Radico announced that it had acquired Anab-e-Shahi, a bottling plant in
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200 million. The company would use some of the ENA for its own IMFL brands, while the rest is sold in India and exported to liquor majors in
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was launched in May 2009. Its largest markets are Tamil Nadu, Andhra Pradesh, Kerala and Karnataka. The company named the brandy after
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Radico Khaitan has affiliations with several bottling units across India. They are listed below, with their locations in brackets.
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1.60 billion. Radico would have a 36% stake in Radico NV Distilleries Maharashtra Ltd, which would manufacture ENA, IMFL and
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RKL created an international division, called Radico International, in 2003. Radico International introduced brands such as
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in Rampur initially produced extra neutral alcohol (ENA) and supplied bulk alcohol for several liquor companies such as
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based boiler, and 2.5 MW in tandem to make the unit self-reliant in meeting power requirements for normal operation.
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and suitable organic manures to manufacture bio manure or bio compost, a bio fertilizer used in growing crops like
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operates as an independent profit group. The company has a 750 ml kidney shape PET bottle manufacturing plant in
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In May 2006, Radico announced that it had entered into two overseas joint ventures in the United Kingdom and
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The cogeneration plant of the Rampur Distillery consists of 26 MT capacity of a stand-alone, biogas fired
388: 30: 1600: 799: 372: 74: 44: 1356: 479: 604: 551: 1534: 543:, and also have a bottling facility. The distillery is Radico's second, after the Rampur Distillery 679: 579: 571: 300: 2004: 1457: 2124: 1951: 1924: 1836: 1785: 1656: 1630: 1604: 608: 555: 348: 371:
Radico Khaitan Ltd. was established as Rampur Distillery & Chemical Company Ltd. in 1943 at
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Radico announced on 7 April 2011 that it had entered into an agreement with Japanese firm
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and a scrubbing system. The entire modernisation-cum-expansion programme cost the company
2097: 1406: 48: 1730: 1137: 1046: 1039: 1032: 504: 463: 426: 2293: 1198: 582:, a 100% grain-based whisky manufactured at its Rampur distillery, in September 2011. 2359: 2349: 2245: 1759: 1708: 1682: 958: 951: 897: 455: 103: 38: 825:. The backpressure steam is used again in the distillation plant to produce ENA and 1578: 1130: 1123: 841: 819: 616: 433: 384: 380: 376: 2315: 2216: 1144: 1081: 1017: 1007: 888: 596: 527: 508: 405: 82: 1246: 1109: 1102: 1095: 1088: 834: 830: 360: 205: 1556: 1381: 1893: 1060: 1053: 1025: 993: 879: 864: 845: 438: 356: 2344: 2267: 1301: 1177:"Commissioner Of Income Tax vs Radico Khaitan Ltd. on 14 September, 2004" 811: 590:
Radico Khaitan's PET division, started in 2003, produces a wide range of
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Radico Khaitan owns 5 units in India. Their locations are listed below:
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1.6 million in 1972. According to Lalit Khaitan, his father was a
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yields biogas, which is used as fuel in a Cogen boiler to generate
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extraction plant with an installed capacity of 300 tpd based on
2094:"Radico Khaitan to introduce Japanese whiskey brands in India" 644: 632: 1811:"Radico Khaitan Ltd Background details about Company Profile" 911: 650: 1750: 1748: 611:, Allied Blenders & Bottlers Ltd, Jagatjit Industries, 329: 1653:"Radico Khaitan to set up bottling facility in Mauritius" 2396:
Companies listed on the National Stock Exchange of India
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Seven Sister Trade & Distilleries Pvt. Limited (
1601:"Radico Khaitan to set up distillery in Kyrgyzstan" 324: 299: 267: 235: 203: 171: 143: 124: 114: 97: 70: 62: 36: 26: 1171: 1169: 570:Liquors Ltd to market and distribute the latter's 421:seeds & 350 tpd based on rapeseed oil cake at 2240: 2238: 2236: 2234: 2211: 2209: 2121:"Radico Khaitan to uncork After Dark whisky soon" 1805: 1803: 450:(CSD). Radico entered into a joint venture with 2001:"Morpheus is India's most expensive brandy yet" 1921:"Radico Khaitan to uncork super-premium brandy" 1503: 1501: 1479: 1477: 1475: 1914: 1912: 1889:"Radico Khaitan forms JV to set up distillery" 1705:"Radico Khaitan acquires bottling plant in AP" 1627:"Radico Khaitan: a cheerful story all the way" 507:. This was the company's first acquisition in 2401:Companies listed on the Bombay Stock Exchange 345:Rampur Distillery & Chemical Company Ltd. 8: 2386:Food and drink companies established in 1943 21: 2381:Manufacturing companies established in 1943 957:NV Distilleries & Breweries Pvt. Ltd. ( 578:blended whiskies in India. Radico launched 458:brands 15 YO, Findlater and WMSR in India. 1860:"Diageo looks to buy Radico's stake in JV" 1401: 1399: 1376: 1374: 1359:. Businesstoday.intoday.in. 5 October 2008 1351: 1349: 1278:. Spiritz.in. 13 July 2010. Archived from 1270: 1268: 1266: 1264: 20: 2003:. Spiritz.in. 8 June 2012. Archived from 1143:Radico NV Distilleries Maharashtra Ltd. ( 860:Rampur Distillery (Rampur, Uttar Pradesh) 499:'s 51% stake in Whytehall India for over 347:, is an Indian company that manufactures 1435:. Financialexpress.com. 14 December 2002 971:United Brothers Distilleries Pvt. Ltd. ( 2340: 1833:"Diageo, Radico form JV for IMFL foray" 1756:"Radico Khaitan net profit jumps 39 pc" 1679:"Radico Khaitan installs new ENA plant" 1276:"A Family Summons That Changed History" 1165: 2175:: CS1 maint: archived copy as title ( 2168: 2077:: CS1 maint: archived copy as title ( 2070: 1858:Pinto, Viveat Susan (4 October 2011). 1782:"Radico strikes up JVs in UK, Africa" 1101:Midas Golden Distilleries (Pvt) Ltd ( 1087:Southern Agrifurane Industries Ltd. ( 607:Ltd., Khandelwal Oils Ltd, Perfetti, 7: 2391:Indian companies established in 1943 1059:Nethravathi Distilleries Pvt. Ltd. ( 1024:KALS Distilleries Carnataka pvt.ltd( 133:Dr. Lalit Khaitan(Chairman & MD) 2292:. Radicokhaitan.com. Archived from 1460:. Financialexpress.com. 7 June 2012 1323:Kansara, Priya (13 February 2006). 1038:Gowthami Agro Industries Pvt. Ltd ( 929:Himalayan Gold Beverages (P) Ltd. ( 742:Magic moments verve Flavored Vodka 493:Commonwealth of Independent States 14: 1813:. Indiainfoline.com. 21 July 1983 1433:"Radico Khaitan's Spirited Plans" 810:(CPCB). Primary treatment of the 454:. in the same year, and launched 2371:Companies based in Uttar Pradesh 2343: 1223:. Radico Khaitan. Archived from 1129:Welcome Distilleries Pvt. Ltd. ( 1122:Bhatia Wines Merchants Pvt Ltd ( 1094:SNJ Distillers Private Limited ( 1080:Ravikumar Distilleries Limited ( 1052:Sri Venkateshwara Distilleries ( 1006:Diamond Bottling Plant company ( 279: 278: 247: 246: 215: 214: 183: 182: 151: 150: 2190:Anant, Saahil (2 August 2011). 1407:"Radico Khaitan eyes UB brands" 992:Gemini Distilleries Pvt. Ltd. ( 808:Central Pollution Control Board 483:Rampur Distillery at a cost of 2092:Bose, Nandita (7 April 2011). 798:Rampur Distillery, located in 1: 1955:. 11 May 2009. Archived from 1509:"Radico Khaitan is on a High" 1485:"Radico Khaitan Ltd: History" 1221:"Corporate Statement 2011-12" 711:Contessa Double Chocolate Rum 2119:M Padmakshan (13 May 2010). 1947:"Radico Bets On Premium Peg" 999:Bacchus Bottling Pvt. Ltd. ( 985:Goodhost Liquors Pvt. Ltd. ( 950:Rajasthan Liquors (P) Ltd. ( 936:Oakland Bottlers Pvt. Ltd. ( 627:Radico Khaitan manufactures 452:Whyte & Mackay Group plc 2029:. Freepress.in. 11 May 2009 1919:Sarah Jacob (11 May 2009). 2417: 1537:. Business.mapsofindia.com 776:JAISALMER Indian Craft Gin 353:Indian Made Foreign Liquor 2096:. Reuters. Archived from 1136:Gwalior Distillers Ltd. ( 1108:Empee Distilleries Ltd. ( 818:and then power through a 739:Magic Moments verve vodka 736:Magic Moments Remix Vodka 661:RAMPUR Indian Single Malt 495:(CIS) . Radico purchased 448:Canteen Stores Department 341:Radico Khaitan Ltd. (RKL) 222:636.6 million (2012) 190:869.6 million (2012) 2366:Drink companies of India 1633:. TNN. 29 September 2003 1864:Business Standard India 1329:Business Standard India 1659:. PTI. 14 January 2003 943:New India Distillers ( 922:NV Distilleries Ltd. ( 789:Distilleries and units 754:8 PM Excellency Brandy 687:Whytehall Honey Whisky 389:United Breweries Group 317:International Business 31:Public limited company 2376:Distilleries in India 2290:"Company owned units" 2194:. Wwa.mydigitalfc.com 2151:www.radicokhaitan.com 2053:www.radicokhaitan.com 1839:. TNN. 22 August 2006 1731:"Magic Moments Vodka" 1073:United Distilleries ( 800:Rampur, Uttar Pradesh 373:Rampur, Uttar Pradesh 136:Abhishek Khaitan (MD) 16:Indian liquor company 1357:"Tipple all the way" 1199:"Board of Directors" 1066:Polsons Distillery ( 572:Yamazaki single malt 2318:. Radicokhaitan.com 2270:. Radicokhaitan.com 2248:. Radicokhaitan.com 2246:"Rampur Distillery" 2219:. Radicokhaitan.com 1733:. Radicokhaitan.com 1581:. Radicokhaitan.com 1559:. Radicokhaitan.com 1458:"Genie in a bottle" 1384:. Radicokhaitan.com 1304:. Radicokhaitan.com 1249:. Radicokhaitan.com 1201:. Radicokhaitan.com 1045:GSB & Company ( 852:Company owned units 733:Magic Moments Vodka 723:Afri Bull Power Rum 714:Contessa Coffee Rum 514:Radico entered the 286:6952 million (2012) 254:16.6 million (2012) 158:19.8 million (2012) 66:Alcoholic beverages 23: 22:Radico Khaitan Ltd. 2296:on 29 October 2013 2125:The Economic Times 1952:The Times of India 1925:The Economic Times 1837:The Economic Times 1788:. TNN. 10 May 2006 1786:The Economic Times 1657:The Economic Times 1631:The Economic Times 1605:The Indian Express 1179:. Indiankanoon.org 720:Afri Bull Cafe Rum 705:Contessa White Rum 673:Radico-Gold-Whisky 609:Amrut Distilleries 523:850 million. 349:industrial alcohol 1868:Business Standard 1762:. 28 October 2005 1579:"Investor Center" 1413:. 17 October 2005 1333:Business Standard 1325:"In high spirits" 1156: 1155: 973:Arunachal Pradesh 945:Jammu and Kashmir 938:Jammu and Kashmir 794:Rampur Distillery 785: 784: 708:Contessa Cola Rum 702:Contessa Dark Rum 613:John Distilleries 338: 337: 314:Domestic Business 260:136,742.74 (2011) 2408: 2348: 2347: 2339: 2328: 2327: 2325: 2323: 2316:"Bottling units" 2312: 2306: 2305: 2303: 2301: 2286: 2280: 2279: 2277: 2275: 2264: 2258: 2257: 2255: 2253: 2242: 2229: 2228: 2226: 2224: 2213: 2204: 2203: 2201: 2199: 2187: 2181: 2180: 2174: 2166: 2164: 2162: 2153:. Archived from 2143: 2137: 2136: 2134: 2132: 2116: 2110: 2109: 2107: 2105: 2089: 2083: 2082: 2076: 2068: 2066: 2064: 2055:. 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It had a 361:fertilizers 343:, formerly 228:7280 (2011) 196:9945 (2011) 116:Area served 2360:Categories 2161:15 January 2063:15 January 1411:Rediff.com 1160:References 1110:Tamil Nadu 1103:Tamil Nadu 1096:Tamil Nadu 1089:Tamil Nadu 870:Aurangabad 835:sugar cane 680:After Dark 580:After Dark 406:teetotaler 377:distillery 311:Production 206:Net income 126:Key people 1894:The Hindu 1302:"Exports" 1061:Karnataka 1054:Karnataka 1026:Karnataka 994:Jharkhand 880:Rajasthan 865:Telangana 846:rice husk 667:8PM Honey 546:Morpheus 439:ball mill 301:Divisions 120:Worldwide 39:Traded as 2268:"Brands" 2171:cite web 2073:cite web 812:effluent 766:Florence 757:Morpheus 670:8PM Fire 552:Morpheus 491:and the 419:soyabean 415:rapeseed 411:soya oil 393:turnover 387:and the 355:(IMFL), 102:Rampur, 63:Industry 2322:29 July 2300:29 July 2274:29 July 2252:29 July 2223:29 July 2198:29 July 2131:29 July 2104:29 July 2033:29 July 2011:29 July 1985:29 July 1963:29 July 1931:29 July 1901:29 July 1873:29 July 1843:29 July 1817:29 July 1792:29 July 1766:29 July 1737:29 July 1715:29 July 1689:29 July 1663:29 July 1637:29 July 1611:29 July 1585:29 July 1563:29 July 1541:29 July 1519:29 July 1490:29 July 1464:29 July 1439:29 July 1417:29 July 1388:29 July 1363:29 July 1338:29 July 1308:29 July 1286:29 July 1253:29 July 1231:29 July 1205:29 July 1183:29 July 924:Haryana 894:Sitapur 876:Reengus 823:turbine 605:BL Agro 568:Suntory 541:ethanol 497:Bacardi 367:History 325:Website 308:Finance 144:Revenue 87: ( 71:Founded 55::  47::  2350:Liquor 2336:Portal 1151: 1075:Kerala 1068:Kerala 1001:Odisha 959:Punjab 952:Punjab 885:Bajpur 780: 749:Brandy 656:Whisky 637:brandy 629:whisky 576:Hibiki 560:Mumbai 548:brandy 532:Diageo 489:Europe 431:biogas 429:and a 423:Ratlam 375:. The 75:Rampur 57:RADICO 49:532497 1018:South 987:Bihar 980:Assam 917:North 837:. 816:steam 728:Vodka 641:vodka 516:vodka 109:India 85:(1943 2324:2013 2302:2013 2276:2013 2254:2013 2225:2013 2200:2013 2177:link 2163:2022 2133:2013 2106:2013 2079:link 2065:2022 2035:2013 2013:2013 1987:2013 1965:2013 1933:2013 1903:2013 1875:2013 1845:2013 1819:2013 1794:2013 1768:2013 1739:2013 1717:2013 1691:2013 1665:2013 1639:2013 1613:2013 1587:2013 1565:2013 1543:2013 1521:2013 1492:2013 1466:2013 1441:2013 1419:2013 1390:2013 1365:2013 1340:2013 1310:2013 1288:2013 1255:2013 1233:2013 1207:2013 1185:2013 1117:West 966:East 643:and 601:FMCG 574:and 359:and 332:.com 290:US$ 284:US$ 226:US$ 220:US$ 156:US$ 89:1943 771:Gin 694:Rum 664:8PM 645:gin 633:rum 592:PET 558:in 395:of 53:NSE 45:BSE 2362:: 2233:^ 2208:^ 2173:}} 2169:{{ 2149:. 2123:. 2075:}} 2071:{{ 2051:. 1949:. 1923:. 1911:^ 1891:. 1866:. 1862:. 1835:. 1802:^ 1784:. 1758:. 1747:^ 1707:. 1681:. 1655:. 1629:. 1603:. 1511:. 1500:^ 1474:^ 1449:^ 1409:. 1398:^ 1373:^ 1348:^ 1331:. 1327:. 1263:^ 1168:^ 896:, 887:, 878:, 647:. 639:, 635:, 631:, 511:. 425:, 383:, 351:, 107:, 81:, 77:, 2338:: 2326:. 2304:. 2278:. 2256:. 2227:. 2202:. 2179:) 2165:. 2135:. 2108:. 2081:) 2067:. 2037:. 2015:. 1989:. 1967:. 1935:. 1905:. 1877:. 1847:. 1821:. 1796:. 1770:. 1741:. 1719:. 1693:. 1667:. 1641:. 1615:. 1589:. 1567:. 1545:. 1523:. 1494:. 1468:. 1443:. 1421:. 1392:. 1367:. 1342:. 1312:. 1290:. 1257:. 1235:. 1209:. 1187:. 1147:) 1140:) 1133:) 1126:) 1112:) 1105:) 1098:) 1091:) 1084:) 1077:) 1070:) 1063:) 1056:) 1049:) 1042:) 1035:) 1028:) 1010:) 1003:) 996:) 989:) 982:) 975:) 961:) 954:) 947:) 940:) 933:) 926:) 537:₹ 521:₹ 501:₹ 485:₹ 443:₹ 413:/ 402:₹ 397:₹ 258:₹ 252:₹ 194:₹ 188:₹ 162:₹ 93:) 91:)

Index

Public limited company
Traded as
BSE
532497
NSE
RADICO
Rampur
United Provinces
British India
Uttar Pradesh
Operating income
Net income
Total assets
Total equity
Divisions
radicokhaitan.com
industrial alcohol
Indian Made Foreign Liquor
country liquor
fertilizers
Rampur, Uttar Pradesh
distillery
Shaw Wallace
Mohan Meakin
United Breweries Group
turnover
teetotaler
soya oil
rapeseed
soyabean

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