RADICONSERadico Khaitan Limited· Brew/DistilleriesMediumNeutral
Announced Tue, 12 May · 16:21 IST

Radico Khaitan Limited has informed the Exchange about Transcript of Earnings Conference Call held on May 07, 2026.

Mgmt Guided Margin ImprovementCfo Debt Reduction RoadmapInvestor Communications View source PDF

RADICO · price

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Price reaction · full curve 14 horizons · vs prior close
+0.7%1-day move
₹3450.00
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₹3429.90
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AI summary

Radico Khaitan reported strong FY2026 results, crossing INR 6,000 crores in net revenue and INR 1,000 crores in EBITDA for the first time. Q4 FY26 showed 4% volume growth to 9.52 million cases, with Prestige & Above segment surging 28%. EBITDA margin expanded 565 basis points to 19% in Q4, the highest ever. The company reduced net debt by INR 329 crores and expects to become debt-free in H1 FY27. Management guided for FY27 a 20% volume growth in Prestige & Above category and 125 basis points EBITDA margin expansion. Key brands driving growth include Magic Moments vodka (INR 1,500 crores, 21% volume growth), After Dark whisky (62% growth), and luxury portfolio including Rampur Indian Single Malt and Spirit of Kashmyr vodka. The Board announced a minimum 20% dividend payout policy.

Likely market impact

The company's premiumisation strategy and margin expansion trajectory are intact, with clear guidance for 125 bps EBITDA margin improvement in FY27. The debt-free status and new dividend policy are positive for shareholders, while strong brand momentum in premium and luxury segments supports long-term growth.