Radico Khaitan Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Radico Khaitan reported its highest ever quarterly volume of 10 million cases, revenue of Rs. 1,684 crores and EBITDA of Rs. 348 crores for Q1 FY27, with EBITDA margin at 20.7%. The P&A portfolio grew 36% in volume during the quarter, led by Magic Moments vodka which grew 43% year-on-year in volume and 51% in value. Management raised its full-year P&A volume growth guidance to over 25% and reiterated its target of around 20% EBITDA margin for FY27, while also stating the company remains on track to become net debt free by Q2 FY27.
Radico Khaitan reported FY2026 net revenue crossing INR 6,000 crores and EBITDA crossing INR 1,000 crores, with Q4 FY26 EBITDA margin at 19%, up 565 basis points year-on-year. The Prestige & Above segment grew 28% in volume during the quarter, with Magic Moments Vodka, After Dark Whisky and Royal Ranthambore Whisky cited as key contributors. Management discussed state policy changes in Karnataka, Maharashtra, West Bengal and Bihar, and addressed input cost pressures including glass price inflation and the West Asia geopolitical situation.