Dolat Capital has published a Q3 results preview, stating that AlcoBev’s growth will remain inline with its peers. According to Dolat Capital, AlcoBev’s revenue growth will be driven by a low single-digit increase in volume growth and a mid-to-high single-digit increase in price growth. Additionally, the asset light business model of these companies will help maintain operating leverage, resulting in a sharp improvement in profit after tax (PAT) growth.
Dolat Capital has also highlighted Radico and United Spirits as its top picks in the beverage space. Radico, with its diverse portfolio of brands, is expected to benefit from its presence in the premium segment, while United Spirits, with its dominant market share in the spirits space, is poised for long-term growth. In conclusion, Dolat Capital expects AlcoBev to report Q3 numbers in line with its peers, with Radico and United Spirits being top picks in the space. They also believe that both companies have a strong potential for medium to long-term growth.