Radico Khaitan Limited — PPTs, 22-01-2026: Investor Presentation

Radico Khaitan delivered its best-ever Q3 FY26, with all key metrics reaching new highs. Revenue from Operations rose 19.5% YoY to ` 1,546.7 Cr, with Total IMFL volume up 16.7% and Prestige & Above volume surging 25.9%. Gross Profit increased 29.2% to ` 719.4 Cr (margin up 350 bps), and EBITDA climbed 44.9% to ` 265.4 Cr. Total Comprehensive Income jumped 61.1% to ` 153.7 Cr. For the nine months, Revenue grew 28.2% to ` 4,546.7 Cr, EBITDA 48.3% to ` 732.2 Cr, and EPS 67.8% to ` 31.93. Net Debt saw a significant ` 208.5 Cr reduction to ` 365.0 Cr.

Growth was driven by strong premiumization in Indian spirits and a stable raw material environment. The company's strategy centers on brand-building, premium positioning, and global/On-Trade expansion of luxury Indian spirits.

Recent developments include the significant Rampur 1943 Virasat Indian Single Malt launch and market expansion for Spirit of Kashmyr and Morpheus Rare Luxury Whisky. Magic Moments introduced 'Flavors of India' vodkas, while After Dark Blue Whisky hit 1.9 million cases, joining the Millionaire's Club.

Management is optimistic about stable raw material pricing and will keep marketing spend at 6-8% of IMFL revenues, confident in leveraging market growth opportunities.