Radico Khaitan reported a strong performance for Q2 FY2026, driven by robust volume growth. Total IMFL volume increased by 37.8%, while prestige and above volume grew by 21.7%. The company also achieved its highest-ever quarterly EBITDA. Revenue from operations (net) increased by 33.8%, reaching ₹1,493.9 Crore. Net debt reduced significantly by ₹146.1 Crore since March 2025.
Financial Performance
Radico Khaitan’s Q2 FY2026 earnings presentation highlighted a quarter of strong growth and improved profitability. Key metrics include:
- Total IMFL Volume: Increased 37.8% to 9.34 Million Cases
- Prestige & Above Volume: Increased 21.7% to 3.89 Million Cases
- Regular & Others Volume: Increased 79.6% to 5.04 Million Cases
- Revenue from Operations (Net): Increased 33.8% to ₹1,493.9 Crore
- Gross Profit: Increased 33.9% to ₹652.0 Crore
- EBITDA: Increased 45.4% to ₹236.1 Crore
- Total Comprehensive Income: Increased 68.9% to ₹137.8 Crore
- Net Debt: Reduced by ₹427.4 Crore
Volume Growth
The company achieved new highs in Q2 FY2026, delivering its highest-ever quarterly Prestige & Above (P&A) volume. Total volume stood at 9.34 million cases, a significant increase compared to previous periods.
EBITDA Performance
Radico Khaitan also reported its highest-ever quarterly EBITDA, reflecting improved operational efficiency and premiumization efforts. This growth in EBITDA showcases a positive trend for the company’s profitability.
Management Commentary
Dr. Lalit Khaitan, Chairman & Managing Director, stated the company delivered strong margins through focus on premiumization and consumer engagement.
Mr. Abhishek Khaitan, Managing Director, stated the company’s premium-first strategy continues to deliver results, with Morpheus Rare Luxury Whisky and The Spirit of Kashmyr Vodka showing promising growth.
Brand Highlights
Key brands that received recent recognition include:
- Rampur Indian Single Malt Whisky
- Sangam World Malt Whisky
- Jaisalmer Indian Craft Gin
- The Spirit of Kashmyr, Luxury Vodka
- Royal Ranthambore Heritage Collection Whisky
- Morpheus Rare Luxury Whisky
- Morpheus Super Premium Brandy
- Magic Moments Vodka
- 8PM Premium Black Whisky
- After Dark Blue Whisky
Source: BSE
