Ravikumar Distilleries Ltd. (RKDL) AI Stock Analysis

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Ravikumar Distilleries Ltd.

(NSE:RKDL)

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Rating:46Neutral

Price Target:INR 18.00▲(2.86% Upside)

Action:reiterated

Date:10/28/26

The score is held down primarily by weak and inconsistent fundamentals (negative FY2026 operating profitability, volatile revenue, and higher leverage) and an expensive valuation (P/E 222.25). Technicals are mixed—some near-term support above shorter moving averages, but longer-term trend indicators and negative MACD limit confidence.

Positive Factors

Net income recoveryThe return to slightly positive net income marks meaningful progress from the earlier loss period and indicates that the business has improved its bottom-line trajectory. If sustained, this recovery could support reinvestment and strengthen financial resilience over the next several quarters.

Negative Factors

Revenue volatilityThe sharp FY2026 revenue contraction following prior growth shows that demand or pricing has not yet become stable. Volatile sales make capacity and cost planning harder, weaken operating leverage, and reduce confidence that recent earnings improvement can persist.

Ravikumar Distilleries Ltd. (RKDL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 426.96M
Dividend Yield: ―
Average Volume (3M): 3,219
Price to Earnings (P/E): 222.4
Beta (1Y): 1.09
Revenue Growth: -44.98%
EPS Growth: 46.63%
Country: India
Employees: 55
Sector: General
Sector Strength: 55
Industry: Beverages - Alcoholic

Ravikumar Distilleries Ltd. Business Overview & Revenue Model

Company Description

Ravi Kumar Distilleries Ltd., founded in 1993 and headquartered in Puducherry, India, primarily focuses on manufacturing and distributing Indian-made foreign liquors nationwide. The company's diverse product portfolio includes whisky, brandy, rum, gi...

Ravikumar Distilleries Ltd. Financial Statement Overview

Summary

Financials show early recovery but remain fragile. Net income has turned slightly positive in FY2025–FY2026, yet FY2026 still has negative operating profit and negative EBITDA margin, with compressed gross margin and a sharp revenue decline. Cash flow improved to positive in FY2026, but volatility and a rising debt load (debt-to-equity above 1.0) limit flexibility.

Income Statement

34Negative

Balance Sheet

52Neutral

Cash Flow

41Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	298.57M	202.89M	371.53M	283.86M	278.66M	105.01M
Gross Profit	37.86M	23.47M	53.47M	53.55M	35.11M	24.76M
EBITDA	-8.84M	-10.53M	6.11M	-15.06M	-19.17M	-127.90M
Net Income	1.77M	1.37M	1.32M	-19.45M	-22.80M	-132.32M
Balance Sheet
Total Assets	0	1.33B	1.32B	1.29B	1.30B	1.30B
Cash, Cash Equivalents and Short-Term Investments	27.21M	27.21M	25.67M	26.00M	25.58M	27.22M
Total Debt	0	459.00M	404.80M	396.87M	390.15M	322.92M
Total Liabilities	-420.38M	907.98M	901.90M	874.90M	865.39M	837.74M
Stockholders Equity	420.38M	420.38M	419.01M	417.37M	436.34M	458.11M
Cash Flow
Free Cash Flow	51.38M	6.24M	-6.23M	-1.25M	-87.27M	-28.41M
Operating Cash Flow	51.38M	16.94M	-4.40M	1.35M	-87.14M	-27.75M
Investing Cash Flow	-6,000	-10.70M	-1.83M	-2.60M	-132.00K	8.33M
Financing Cash Flow	-50.26M	-4.70M	5.90M	1.67M	85.63M	21.12M

Ravikumar Distilleries Ltd. Technical Analysis

Technical Analysis SentimentNeutral

Last Price17.50

Price Trends

50DMA17.78Negative

100DMA18.39Negative

200DMA19.39Negative

Market Momentum

MACD-0.17Negative

RSI51.87Neutral

STOCH68.58Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RKDL, the sentiment is Neutral. The current price of 17.50 is above the 20-day moving average (MA) of 16.81, below the 50-day MA of 17.78, and below the 200-day MA of 19.39, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 51.87 is Neutral, neither overbought nor oversold. The STOCH value of 68.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RKDL.

Ravikumar Distilleries Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:RKDL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:PICCADIL	68Neutral	INR 55.06B	38.88	―	0.18%	28.56%	25.21%
IN:ASALCBR	64Neutral	INR 10.77B	12.42	―	0.37%	-5.25%	-10.44%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:GMBREW	55Neutral	INR 17.94B	10.37	―	1.14%	20.49%	20.90%
IN:GLOBUSSPR	52Neutral	INR 21.34B	19.58	―	0.96%	7.88%	295.37%
IN:TI	51Neutral	INR 119.30B	-375.66	―	0.21%	150.10%	-122.03%
IN:RKDL	46Neutral	INR 420.00M	222.38	―	―	-44.98%	46.63%

* General Sector Average

Performance Comparison

IN:RKDL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:RKDL	Ravikumar Distilleries Ltd.	17.50	-9.22	-34.51%
IN:ASALCBR	Associated Alcohols & Breweries Ltd.	536.50	-671.48	-55.59%
IN:GLOBUSSPR	Globus Spirits Limited	678.20	-458.20	-40.32%
IN:GMBREW	G.M. Breweries Ltd.	785.05	-446.26	-36.24%
IN:TI	Tilaknagar Industries Limited	481.25	-44.64	-8.49%
IN:PICCADIL	Piccadily Agro Industries Limited	558.60	-147.32	-20.87%

Ravikumar Distilleries Ltd. Corporate Events

Ravi Kumar Distilleries Sets AGM Date and Share Book Closure Window

Aug 14, 2026

Ravi Kumar Distilleries Ltd., a publicly listed distillery based in Puducherry, manufactures alcoholic beverages and maintains operations and corporate offices in the industrial estate and nearby production sites. The company’s shares trade on...

Ravi Kumar Distilleries Sets September 28 Date for 33rd AGM and E-Voting Window

Aug 14, 2026

Ravi Kumar Distilleries Ltd. has scheduled its Thirty Third Annual General Meeting for September 28, 2026, at 11:30 a.m. at its registered office in Puducherry, inviting shareholders to participate in key corporate decisions. The meeting date undersc...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

Ravikumar Distilleries Ltd. AI Stock Analysis

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