Radico Khaitan has announced its Q2 FY2027 earnings, reporting a record performance with the highest ever quarterly volume, top line, and profitability. Revenue from operations increased by 16.8% year-on-year to ₹1,745.1 crore. Total IMFL volume grew 7.2% to 10.02 million cases, with Prestige & Above volumes surging 35.8%. EBITDA also saw a substantial increase of 51.0% to ₹356.5 crore.
Radico Khaitan Reports Record Q2 FY2027 Performance
Radico Khaitan has achieved a record-breaking quarter for Q2 FY2027, marked by the highest ever quarterly volume, top line, and profitability. This performance underscores the company’s consistent growth trajectory and effective strategic execution.
Key Financial Highlights:
- Revenue from Operations (Net): Increased by 16.8% year-on-year to ₹1,745.1 crore.
- Gross Profit: Saw a significant rise of 28.6% to ₹838.4 crore.
- EBITDA: Grew substantially by 51.0% to ₹356.5 crore.
- EBITDA Margin: Expanded by 462 basis points to 20.4%.
- Total Comprehensive Income: Increased by 67.1% to ₹230.3 crore.
- Net Debt: Reduced by ₹68.7 crore since March 2026, standing at ₹175.4 crore.
Volume Performance:
The company reported its highest ever quarterly volume, with Total IMFL volume increasing by 7.2% to 10.02 million cases. Notably, the Prestige & Above volume category demonstrated robust growth of 35.8%, reaching 5.28 million cases, indicating a strong shift towards premium products.
Management Commentary:
Dr. Lalit Khaitan, Chairman and Managing Director, commented on the results, stating, “The second quarter reaffirms the consistency of our growth journey… This reflects years of patient investment in quality, organic brand building and an unwavering focus on premiumisation.” Mr. Abhishek Khaitan, Managing Director, highlighted the success of their premium-first strategy, with the Prestige & Above portfolio growing 36% in Q2, well ahead of the industry.
Vodka and Premium Portfolio Growth:
The company emphasized the significant structural growth in the vodka industry, with its Magic Moments brand holding approximately 60% market share in India. The Prestige & Above portfolio continues to be the principal engine of growth, capturing the consumer shift towards brands built on quality, heritage, and authenticity.
Outlook and Guidance:
Radico Khaitan has upgraded its Prestige & Above volume growth guidance to 30% and reiterates its EBITDA margin guidance of around 20% for FY27, despite a challenging external environment.
Retail and Global Presence:
The company is expanding its global footprint, with a presence in 65+ travel retail stores and a target of 100. Distinctive in-shop displays are driving visibility, trial, and premium recall across retail channels.
Source: BSE
