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29 announcements match the current filters (relevance ≥ 5).
Radico Khaitan Expands Luxury Single Malts to 4 Major UK Airports Covering 170M Passengers
Radico Khaitan has expanded its Global Travel Retail presence by launching its luxury whisky portfolio (Rampur and Sangam) across duty-free shops at four major UK airports: Heathrow, Gatwick, Manchester, and Birmingham. These four airports combined handled over 170 million passengers in 2025. The company currently operates across 65 duty-free locations globally and is targeting expansion beyond 100 locations. This move supports Radico's premiumisation push, where the Prestige & Above segment accounted for 70.3% of IMFL value in FY26.
Confidence: HIGH
What changedRadico Khaitan became the first Indian spirits company to place luxury single malts and world malts in duty-free stores across four major UK airports.
Why it mattersEnhances high-margin Global Travel Retail footprint and brand equity for luxury labels like Rampur, supporting Radico's structural margin expansion and premiumisation mix.
UK Airports Combined Passenger Traffic (2025): over 170 millionDuty-Free Target Locations: >100 (from >65 currently)Prestige & Above Share of IMFL Value (FY26): 70.3%Q1 FY27 Net Revenue: ₹1,684 croreQ1 FY27 EBITDA Margin: 20.7%
📅 Short termPositive for sentiment around brand premiumisation, though immediate financial impact on the ₹13,668 Cr TTM revenue base will be incremental rather than transformative.
📈 Long termStrengthens global brand equity and helps scale the high-margin luxury malt segment, supporting long-term realization growth and operating margin improvement.
⚠ Risk flags
- Competition from established global and Scotch single malt brands in duty-free stores
- Exposure to international travel demand fluctuations and regulatory changes in duty-free tariffs
Key Highlights
Launched luxury brands across 4 UK airports (Heathrow, Gatwick, Manchester, Birmingham) which handled >170 million passengers in 2025
Heathrow alone handled ~84.5 million passengers, while Gatwick, Manchester, and Birmingham handled 42.8M, 32.1M, and 13.7M respectively
Current presence spans over 65 duty-free locations globally, with plans to expand to >100 locations
Prestige & Above portfolio contributed 70.3% of total IMFL value in FY26, with Q1 FY27 P&A growth reaching 36%
👀 What to Watch
Track the revenue contribution and volume growth in the luxury and export segment in upcoming quarterly results, particularly whether international duty-free visibility accelerates the target of crossing ₹500 Cr in luxury portfolio revenue.
20.7% EBITDA Margin: Radico Khaitan Reports Record 10M Case Volumes in Q1 FY27
Radico Khaitan delivered a strong Q1 FY27 with its highest-ever quarterly volume of 10 million cases, driven by a 36% surge in the Prestige & Above (P&A) segment. Operating margins expanded significantly to 20.7% (up 536 bps YoY), supported by a richer product mix and benign raw material costs. The company reduced net debt by ₹138 crore during the quarter and expects to be net debt-free by Q2 FY27. Management maintains a 25% volume growth guidance for the P&A segment for the full year FY27.
Confidence: HIGH
What changedRadico has transitioned from a high-debt expansion phase to a high-margin, cash-generative phase, significantly improving its product mix toward luxury and premium brands.
Why it mattersThe successful premiumization (P&A growth vs. regular segment decline) is structurally improving margins and return ratios, while the move to zero net debt strengthens the balance sheet for future luxury brand investments.
Q1 Net Revenue: ₹1,684 crEBITDA Margin: 20.7%Net Debt Reduction: ₹138 crDebt Reduction vs Net Worth: 4.2%Vodka Market Share: >60%P&A Volume Growth: 36%
📅 Short termPositive sentiment is expected as the company achieved record margins and provided a clear timeline for becoming debt-free by next quarter.
📈 Long termThe structural shift toward luxury spirits and dominant vodka market share positions Radico for long-term margin stability and potential valuation re-rating.
⚠ Risk flags
- Volatility in packing material prices (₹30 cr impact in Q1)
- State-level regulatory changes in Maharashtra and Karnataka impacting regular volumes
- Grain price volatility affecting ENA costs
Key Highlights
Prestige & Above (P&A) segment recorded 36% volume growth, significantly outpacing the overall IMFL volume growth of 3%
Magic Moments vodka volumes grew 43% YoY to 3.25 million cases, with value growth reaching 51%
EBITDA margin reached a record 20.7%, expanding by 536 basis points YoY due to premiumization and cost discipline
Net debt reduced by ₹138 crore since March 2026, with the company on track to be net debt-free by Q2 FY27
Luxury portfolio revenue targeted to grow 25% in FY27, following a ₹475 crore turnover in the previous year
👀 What to Watch
Monitor the sustainability of the 20% EBITDA margin guidance against potential volatility in grain and packing material costs, and track the upcoming Tequila portfolio launch.
₹348 Cr EBITDA: Radico Khaitan Q1 FY27 Profits Surge 50.9% on Strong Premiumization
Radico Khaitan reported a record Q1 FY2027 with Net Revenue growing 11.8% YoY to ₹1,683.7 Cr. The performance was primarily driven by the Prestige & Above (P&A) segment, which saw a massive volume growth of 35.8% to 5.22 million cases. EBITDA margins expanded significantly by 536 bps to 20.7%, resulting in a 50.9% jump in EBITDA to ₹348.1 Cr. The company successfully reduced its net debt by ₹138 Cr during the quarter to ₹106 Cr, while upgrading its full-year P&A volume growth guidance to over 25%.
Confidence: HIGH
What changedThe company has achieved a structural shift in its product mix, with premium brands (P&A) now contributing 76.8% of IMFL revenue compared to 66.7% in the same quarter last year.
Why it mattersHigher margins from the premium segment are driving record profitability and rapid deleveraging, significantly improving the company's return ratios (ROCE at 26.9%) and cash flow profile.
Net Revenue (Q1 FY27): ₹1,683.7 CrEBITDA Growth (YoY): 50.9%EBITDA Margin: 20.7%P&A Volume Growth: 35.8%Net Debt: ₹106 CrROCE: 26.9%
📅 Short termThe significant margin expansion and upgraded volume guidance are likely to drive positive sentiment in the near term as the company outperforms industry growth rates.
📈 Long termThe continued shift toward a luxury and premium-led portfolio, combined with market leadership in the growing Vodka category, positions the company for long-term value creation and margin stability.
⚠ Risk flags
- Volatility in grain and Extra Neutral Alcohol (ENA) prices
- State-level regulatory changes or tax hikes
- Geopolitical supply chain disruptions
Key Highlights
EBITDA increased 50.9% YoY to ₹348.1 Crore with margins expanding to 20.7%.
Prestige & Above (P&A) volume grew 35.8% to 5.22 Million Cases, now representing 76.8% of IMFL revenue.
Magic Moments Vodka recorded 43% volume growth, maintaining a dominant 60% market share.
Net Debt reduced by ₹138 Crore since March 2026, bringing the total down to ₹106 Crore.
Management upgraded full-year FY2027 P&A volume growth guidance to over 25%.
👀 What to Watch
Watch for the sustainability of the 20% EBITDA margin guidance in upcoming quarters and the execution of the luxury portfolio (Rampur, Jaisalmer) which aims to exceed ₹500 Cr revenue in FY2026.
76% YoY Profit Growth: Radico Khaitan Reports Strong Q1 FY27 Results
Radico Khaitan reported a robust performance for Q1 FY27, with consolidated net profit surging 75.9% YoY to ₹229.60 cr. Revenue from operations grew 10.4% YoY to ₹5,867.69 cr, despite a high excise duty component of ₹4,184 cr. A significant reduction in finance costs, down 26.9% YoY to ₹11.65 cr, contributed to the bottom-line strength. The company's premiumization strategy is reflected in the basic EPS rising to ₹17.15 from ₹9.75 in the year-ago period.
Confidence: HIGH
What changedRadico Khaitan transitioned into the new fiscal year with a significant jump in profitability and improved interest coverage.
Why it mattersThe sharp increase in profit despite moderate revenue growth indicates successful premiumization and operational efficiencies, which are critical for maintaining its high P/E valuation of 95.0.
Consolidated Net Profit (Q1): ₹229.60 crYoY Profit Growth: 75.9%Q1 Revenue vs TTM Revenue: ~33.9%Finance Costs (Q1): ₹11.65 crBasic EPS (Q1): ₹17.15
📅 Short termThe stock is likely to react positively in the short term due to the substantial YoY earnings beat and margin expansion.
📈 Long termThe company's focus on scaling luxury brands like Rampur and Jaisalmer to reach ₹500 cr revenue in FY26 remains a key structural driver.
⚠ Risk flags
- High excise duty exposure (71% of revenue)
- Sensitivity to state-level regulatory changes
- Grain price volatility impacting ENA costs
Key Highlights
Consolidated Net Profit increased 75.9% YoY to ₹229.60 cr from ₹130.52 cr.
Revenue from operations grew 10.4% YoY to ₹5,867.69 cr.
Finance costs declined by 26.9% to ₹11.65 cr compared to ₹15.93 cr in Q1 FY26.
Excise duty accounted for 71.3% of total revenue, amounting to ₹4,184 cr.
Granted 60,000 new stock options to employees at an exercise price of ₹2,838.07 per share.
👀 What to Watch
Investors should monitor the volume growth in the 'Prestige & Above' segment and the impact of grain price volatility on margins in the upcoming management commentary.
Rs 9 Dividend: Radico Khaitan Sets July 24 as Record Date for 42nd AGM and Payout
Radico Khaitan has announced its 42nd Annual General Meeting (AGM) for August 7, 2026, where it will seek approval for a dividend of Rs 9 per equity share (450% of face value). The record date to determine eligibility for this dividend is July 24, 2026. Shareholders must ensure their bank details and KYC are updated, as the company has discontinued physical dividend warrants in favor of electronic payments. This announcement follows a year where the company reported a TTM PAT of Rs 604 Cr and TTM revenue of Rs 17,298 Cr.
Confidence: HIGH
What changedThe company has finalized the schedule for its 42nd AGM and established the specific dates for dividend eligibility and payment for the 2025-26 financial year.
Why it mattersThis is a routine but necessary corporate action that confirms the distribution of profits to shareholders; the Rs 9 dividend represents a payout against an EPS of Rs 45.15 (TTM).
Dividend per share: Rs 9Dividend Yield (approx): 0.22%Record Date: July 24, 2026AGM Date: August 7, 2026TTM PAT: Rs 604 Cr
📅 Short termThe stock may see routine price adjustments around the ex-dividend date (typically one working day before the record date).
📈 Long termLimited structural impact as this is a routine annual dividend and administrative AGM notification.
Key Highlights
Proposed dividend of Rs 9 per equity share of face value Rs 2 (450%) for FY 2025-26.
Record date for dividend eligibility is Friday, July 24, 2026.
42nd Annual General Meeting scheduled for Friday, August 7, 2026, at 12:30 P.M.
E-voting period for shareholders runs from August 3 to August 6, 2026.
Dividend payment will be completed within 30 days of shareholder approval at the AGM.
👀 What to Watch
Shareholders should verify that their bank account details and KYC (PAN-Aadhaar link) are updated with their Depository Participant or RTA by July 24, 2026, to ensure seamless electronic credit of the dividend.
CARE AA; Positive: Radico Khaitan Outlook Upgraded for Rs 930 Cr Facilities
CARE Ratings has revised the outlook for Radico Khaitan's long-term bank facilities of Rs 930 crore from 'Stable' to 'Positive', while reaffirming the 'CARE AA' rating. The short-term rating for Rs 60 crore facilities remains at 'CARE A1+'. This revision reflects the company's improving financial profile, supported by a low Debt-to-Equity ratio of 0.15 and strong TTM revenue of Rs 17,298 crore. The total rated facilities of Rs 990 crore represent approximately 5.7% of the company's TTM revenue.
Confidence: HIGH
What changedCARE Ratings revised the outlook on Radico's long-term debt from Stable to Positive, signaling improved creditworthiness and potential for a future rating upgrade.
Why it mattersA positive outlook indicates a potential rating upgrade, which can lead to lower interest rates on future borrowings and reflects confidence in the company's ability to service its Rs 990 crore bank facilities.
Long-term facilities: Rs 930.00 crShort-term facilities: Rs 60.00 crTotal rated facilities vs TTM Revenue: 5.72%Debt-to-Equity ratio: 0.15TTM Revenue: Rs 17,298 cr
📅 Short termPositive sentiment is expected as credit rating agencies acknowledge improving fundamentals; likely to be viewed favorably by debt and equity markets in the coming weeks.
📈 Long termReflects structural improvement in the balance sheet and operational efficiency, particularly the shift towards high-margin premium brands like Rampur and Jaisalmer.
⚠ Risk flags
- Grain price volatility impacting ENA costs
- State-level regulatory changes in liquor taxation
Key Highlights
Outlook revised from 'Stable' to 'Positive' for Rs 930.00 crore long-term bank facilities
Short-term rating reaffirmed at 'CARE A1+' for Rs 60.00 crore facilities
Total bank facilities covered under this rating action amount to Rs 990.00 crore
Company maintains a low Debt-to-Equity ratio of 0.15 as per latest financial context
Prestige & Above (P&A) segment volume grew 21.7% in Q2 FY26, supporting credit profile
👀 What to Watch
Monitor if the 'Positive' outlook translates into a formal rating upgrade to AA+ in the next 12-18 months, which could further lower borrowing costs. Watch for continued margin expansion in the luxury portfolio to sustain this credit trajectory.
43% YoY Growth: Magic Moments Vodka Sells 3.25 Million Cases in Q1 FY2027
Radico Khaitan's flagship brand, Magic Moments, achieved a record sales volume of 3.25 million cases in Q1 FY2027, up from 2.27 million cases in the previous year. This represents a 43% YoY growth, with the brand now maintaining a consistent run rate of 1 million cases per month. The brand holds a dominant 60% market share in the Indian vodka segment, which remains underpenetrated at less than 5% of the total IMFL market. Management attributes this growth to a structural shift toward premiumization and flavored variants, which accounted for over 65% of volumes in FY26.
Confidence: HIGH
What changedMagic Moments has reached a new milestone of 1 million cases sold per month, accelerating its quarterly growth to 43% YoY.
Why it mattersHigh-volume growth in the Prestige & Above (P&A) segment is central to Radico's strategy to improve margins and offset raw material (ENA/grain) cost volatility, as premium brands offer better pricing power.
Q1 FY2027 Volume: 3.25 million casesYoY Volume Growth: 43%Market Share (Vodka): ~60%Monthly Sales Run Rate: 1 million casesVodka share of India IMFL: <5%
📅 Short termThe announcement signals strong consumer demand and successful premiumization, likely supporting positive sentiment in the stock over the coming weeks ahead of full quarterly results.
📈 Long termThe structural shift toward white spirits and flavored vodka provides a long-term growth runway, especially as India's vodka penetration (5%) trails global averages (28-30%).
⚠ Risk flags
- High valuation (P/E 87.6) leaves little room for volume misses
- Volatility in grain prices impacting ENA costs
- State-level regulatory changes and tax hikes
Key Highlights
Delivered total volume of 3.25 million cases in Q1 FY2027 compared to 2.27 million cases in Q1 FY2026.
Achieved a significant 43% year-on-year volume growth for the Magic Moments brand.
Maintains a dominant market share of approximately 60% in the Indian vodka category.
Flavoured vodka variants emerged as a key driver, representing over 65% of vodka volumes in FY26.
👀 What to Watch
Monitor the upcoming Q1 FY2027 full financial results to see how this 43% volume growth in a premium brand translates to EBITDA margin expansion, especially given the current P/E of 87.6.
Radico Khaitan Announces ₹9 Dividend; Sets July 24 as Record Date for Tax Documentation
Radico Khaitan Limited has recommended a dividend of ₹9 per equity share (450% of face value ₹2) for the financial year 2025-2026. The dividend is subject to shareholder approval at the upcoming AGM on August 7, 2026. The company has designated July 24, 2026, as the record date for determining eligibility and the final deadline for submitting tax-related documents to the Registrar and Transfer Agent (RTA). Tax will be deducted at source (TDS) at rates ranging from 10% to 20% depending on the shareholder's residential status and PAN availability.
Key Highlights
Recommended dividend of ₹9 per share (450%) for FY 2025-2026.
Record date for dividend eligibility and tax document submission is July 24, 2026.
TDS of 10% applies to resident individuals for dividends exceeding ₹10,000 with a valid PAN.
Non-resident shareholders face a 20% withholding tax unless DTAA benefits are claimed with valid documentation.
The Annual General Meeting (AGM) to approve the dividend is scheduled for August 7, 2026.
👀 What to Watch
Shareholders should ensure their PAN is linked with Aadhaar and upload necessary tax exemption forms (like Form 15G/15H) on the Kfintech RTA portal by July 24, 2026, to avoid higher tax deductions.
Radico Khaitan Relaunches After Dark Blue; Sales Grow from 0.9M to 3.1M Cases in Two Years
Radico Khaitan has unveiled a premium rebranding of its After Dark Blue Grain Whisky to capitalize on the premiumization trend in the Indian spirits market. The brand has demonstrated exceptional growth, with sales volumes jumping from 0.9 million cases in FY24 to 3.1 million cases in FY26. This represents a growth of over 60% in the last fiscal year alone, significantly outpacing the broader market. The company is targeting the massive deluxe whisky segment, which exceeds 70 million cases annually in India, through a phased nationwide rollout starting with Uttar Pradesh.
Key Highlights
After Dark Blue sales volume surged from 0.9 million cases in FY24 to 3.1 million cases in FY26.
The brand recorded a year-on-year growth of over 60% in FY26, driven by strong consumer demand.
The Indian deluxe whisky segment represents a total addressable market of over 70 million cases annually.
Phased rollout of the new premium avatar will cover key markets including Karnataka, Maharashtra, and Assam over the next six months.
👀 What to Watch
Investors should track the brand's ability to maintain its 60% growth trajectory as it expands into new states, as premiumization in the deluxe segment typically improves operating margins. The successful scaling of After Dark from a niche to a 3-million-case brand indicates strong execution in Radico's prestige portfolio.
Radico Khaitan Receives NCLT Order Dispensing Meetings for Amalgamation of 8 Subsidiaries
Radico Khaitan Limited has received an order from the NCLT Allahabad Bench regarding its scheme of amalgamation with one wholly-owned subsidiary and seven step-down subsidiaries. The tribunal has dispensed with the requirement to hold meetings for the equity shareholders of the transferor companies, as well as meetings for the shareholders and creditors of Radico Khaitan itself. This procedural clearance, dated June 01, 2026, facilitates a faster consolidation of entities including Radico Spiritzs India and Equibuild Realtors. The merger is intended to simplify the corporate structure and optimize administrative costs.
Key Highlights
NCLT Allahabad Bench dispensed with meetings for Equity Shareholders of 8 Transferor Companies.
Meetings for Equity Shareholders, Secured, and Unsecured Creditors of Radico Khaitan Limited are also dispensed.
The scheme involves the merger of 1 wholly-owned subsidiary and 7 step-down subsidiaries into the parent company.
The NCLT order was issued on June 01, 2026, and officially uploaded on June 05, 2026.
👀 What to Watch
Investors should monitor the final approval of the scheme as it will lead to a leaner corporate structure and potential operational efficiencies. No immediate action is required as this is a positive procedural step in an internal restructuring.
Radico Khaitan FY26 Revenue Grows 25% to ₹6,050 Cr with Strong Premiumization Trend
Radico Khaitan delivered a strong performance in FY2026, reporting a 25% Y-o-Y increase in net revenue to ₹6,050 crore. The company's strategic focus on premiumization is yielding results, with Prestige & Above (P&A) brands now accounting for 45.6% of total volumes and 70.3% of total sales value. Total IMFL volumes grew by 22% to 38.3 million cases, while maintaining a healthy EBITDA margin of 16.8%. With a massive production capacity of 323 million liters and exports to over 100 countries, the company is well-positioned to capitalize on the growing Indian spirits market.
Key Highlights
FY2026 Net Revenue reached ₹6,050 crore, marking a 25% Y-o-Y growth with an EBITDA margin of 16.8%.
Prestige & Above brand volumes grew at a CAGR of 21% since FY2021, now representing 45.6% of total volume.
Total IMFL volume increased to 38.3 million cases in FY2026, up from 31.4 million cases in FY2025.
The company operates 10 distilleries with a total capacity of 323.3 million liters and 44 bottling units nationwide.
Exports contribute 8% to the total IMFL sales value, with a presence in over 100 countries and significant growth in luxury brands like Rampur Single Malt.
👀 What to Watch
Investors should focus on the company's successful transition toward a high-margin premium portfolio, which is driving realization per case higher. The strong volume growth and dominant market share in the vodka and premium brandy segments make it a compelling play in the Indian alcobev sector.
Radico Khaitan FY26: Revenue Crosses ₹6,000 Cr, EBITDA Hits ₹1,000 Cr, Targets Debt-Free Status
Radico Khaitan reported a milestone FY2026, with net revenue exceeding INR 6,000 crores and EBITDA surpassing INR 1,000 crores. The company achieved its highest-ever quarterly EBITDA margin of 19% in Q4 FY26, driven by a 28% volume growth in the Prestige & Above segment. Management has guided for a further 125 basis points EBITDA margin expansion in FY27 and expects to become net debt-free by H1 FY27. The luxury portfolio, which reached INR 475 crores in sales, is projected to grow by 25% in the coming fiscal year.
Key Highlights
Net revenue and EBITDA crossed ₹6,000 crore and ₹1,000 crore milestones respectively in FY26
Prestige & Above segment recorded 28% volume growth in Q4 FY26, led by Magic Moments and Royal Ranthambore
Q4 EBITDA margins expanded by 565 bps YoY to a record 19% due to premiumization and stable input costs
Net debt reduced by ₹329 crore in FY26, with the company on track to be debt-free by H1 FY27
Management guided for 20% volume growth in P&A segment and 125 bps EBITDA margin expansion for FY27
👀 What to Watch
Investors should focus on the company's successful transition to a premium-led model and its impending debt-free status, which supports higher valuation multiples. Monitor the sustainability of the 19% EBITDA margin levels against potential volatility in West Asia supply chains.
Radico Khaitan Q4 Net Profit Surges 93% YoY to ₹175 Cr; Recommends ₹9 Dividend
Radico Khaitan reported a robust performance for Q4 FY26, with standalone net profit nearly doubling to ₹175.16 crore from ₹90.71 crore in the same quarter last year. Revenue from operations grew to ₹5,182.31 crore, reflecting strong market demand despite significant excise duty impacts. The Board has recommended a substantial final dividend of 450% (₹9 per share), rewarding shareholders for the strong fiscal year. Additionally, the company has scheduled its 42nd AGM for August 7, 2026, and set July 24, 2026, as the record date for dividend eligibility.
Key Highlights
Standalone Net Profit for Q4 FY26 jumped 93.1% YoY to ₹175.16 crore.
Revenue from operations increased to ₹5,182.31 crore in Q4 FY26 compared to ₹4,485.43 crore in Q4 FY25.
Recommended a final dividend of ₹9 per equity share (450% of face value) for FY 2025-26.
Profit Before Tax (PBT) for the quarter stood at ₹232.72 crore, up from ₹121.50 crore YoY.
Record date for dividend eligibility is fixed as July 24, 2026, with payment within 30 days of the AGM.
👀 What to Watch
The strong earnings growth and healthy dividend payout signal robust financial health; investors should hold for long-term value while monitoring the AGM for future growth guidance.
Radico Khaitan Recommends ₹9 Dividend Per Share; Q4 Net Profit Jumps to ₹175 Crore
Radico Khaitan has recommended a final dividend of ₹9 per equity share (450% of face value) for FY2025-26, with the record date set for July 24, 2026. The company reported a strong standalone net profit of ₹175.16 crore for Q4 FY26, nearly doubling from ₹90.71 crore in the same quarter last year. Revenue from operations for the quarter grew to ₹5,182.31 crore compared to ₹4,485.43 crore YoY. The board has also proposed the re-appointment of Walker Chandiok & Co. LLP as statutory auditors for a second five-year term.
Key Highlights
Recommended a final dividend of 450%, amounting to ₹9 per equity share of ₹2 face value.
Standalone Net Profit for Q4 FY26 surged 93% YoY to ₹175.16 crore from ₹90.71 crore.
Revenue from operations for Q4 FY26 reached ₹5,182.31 crore vs ₹4,485.43 crore in Q4 FY25.
Record date for dividend eligibility is fixed as July 24, 2026, with the AGM on August 7, 2026.
Full-year FY26 performance showed significant growth with profit before tax of ₹232.71 crore in the final quarter.
👀 What to Watch
Investors should maintain their holdings to benefit from the ₹9 per share dividend payout before the July 24 record date. The robust year-on-year profit growth signals strong operational momentum and successful premiumization.
Radico Khaitan Recommends ₹9 Dividend; Q4 Net Profit Surges 93% YoY to ₹175.16 Crore
Radico Khaitan has recommended a final dividend of ₹9 per equity share (450% of face value) for FY 2025-26. The company reported a robust Q4 FY26 performance with standalone net profit nearly doubling to ₹175.16 crore compared to ₹90.71 crore in the previous year. Revenue from operations grew by 15.5% YoY to ₹5,182.31 crore. The board has fixed July 24, 2026, as the record date for the dividend payment, which is subject to shareholder approval at the upcoming AGM on August 7, 2026.
Key Highlights
Recommended a final dividend of ₹9 per equity share of face value ₹2 each
Standalone Net Profit for Q4 FY26 jumped 93.1% YoY to ₹175.16 crore
Revenue from operations increased to ₹5,182.31 crore in Q4 FY26 from ₹4,485.43 crore in Q4 FY25
Profit before tax (PBT) for the quarter stood at ₹232.72 crore vs ₹121.50 crore YoY
Record date for dividend eligibility is July 24, 2026, with payment within 30 days of AGM
👀 What to Watch
Investors should maintain a positive outlook given the strong bottom-line growth and healthy dividend payout. Ensure holdings are in place before the July 24 record date to qualify for the ₹9 per share dividend.
Radico Khaitan Q4 Net Profit Surges 93% to ₹175 Cr; Declares ₹9 Dividend
Radico Khaitan reported a robust performance for Q4 FY2026, with net profit nearly doubling to ₹175.16 crore from ₹90.71 crore in the previous year's corresponding quarter. Revenue from operations grew significantly to ₹5,182.31 crore, driven by strong operational performance. The Board has recommended a substantial final dividend of 450% (₹9 per share). Additionally, the company has ensured continuity in its financial governance by re-appointing Walker Chandiok & Co. LLP as statutory auditors for a second five-year term.
Key Highlights
Net profit for Q4 FY26 surged 93% YoY to ₹175.16 crore compared to ₹90.71 crore in Q4 FY25
Revenue from operations for the quarter increased to ₹5,182.31 crore from ₹4,485.43 crore YoY
Recommended a final dividend of 450%, amounting to ₹9 per equity share of face value ₹2
Profit before tax for the quarter stood at ₹232.72 crore, nearly double the ₹121.50 crore reported in the same period last year
Re-appointment of Walker Chandiok & Co. LLP as Statutory Auditors for a second term of 5 consecutive years
👀 What to Watch
The strong bottom-line growth and healthy dividend payout reflect positive operational momentum. Investors should monitor the record date of July 24, 2026, for dividend eligibility and maintain a positive outlook on the stock's performance.
Radico Khaitan FY26 Net Profit Jumps 76% to ₹600 Cr; Dividend Hiked to ₹9 Per Share
Radico Khaitan reported a landmark FY2026, with net revenue crossing ₹6,000 crore and EBITDA exceeding ₹1,000 crore for the first time. The company's premiumization strategy was the primary driver, with the Prestige & Above (P&A) segment growing 28.5% in volume and now accounting for 45.6% of total sales. Profitability saw a sharp rise as EBITDA margins expanded by 305 bps to 16.8% for the full year, while net debt was reduced significantly by ₹329.5 crore. Reflecting this strong performance, the board doubled the dividend to ₹9 per share and adopted a minimum 20% payout policy.
Key Highlights
Full-year Net Revenue grew 24.7% YoY to ₹6,050.4 crore, surpassing the ₹6,000 Cr milestone.
EBITDA surged 52.4% YoY to ₹1,018.5 crore with margins expanding to 16.8% for FY2026.
Prestige & Above segment volume grew 28.5% YoY to 16.7 million cases, driving realization per case higher.
Net Debt reduced by ₹329.5 crore to ₹244.1 crore, with the company aiming to be net debt-free by H1 FY2027.
Board recommended a dividend of ₹9 per share, up from ₹4 per share in the previous year.
👀 What to Watch
Investors should view the strong premiumization trend and rapid deleveraging as highly positive indicators for long-term value creation. The stock remains a strong play in the Indian liquor sector given its improving margin profile and luxury brand traction.
Radico Khaitan Q4 Net Profit Surges 93% to ₹175 Cr; Declares ₹9 Dividend
Radico Khaitan reported a robust performance for the quarter ended March 31, 2026, with net profit nearly doubling to ₹175.16 crore from ₹90.71 crore in the previous year's corresponding quarter. Revenue from operations grew by 15.5% year-on-year to reach ₹5,182.31 crore. The Board has recommended a substantial final dividend of 450% (₹9 per share), reflecting strong cash flow and confidence in future growth. Additionally, the company has re-appointed its statutory auditors for a second five-year term, ensuring continuity in governance.
Key Highlights
Net profit for Q4 FY2026 surged 93% YoY to ₹175.16 crore compared to ₹90.71 crore in Q4 FY2025.
Revenue from operations increased to ₹5,182.31 crore in Q4 FY2026 from ₹4,485.43 crore in the same period last year.
Recommended a final dividend of ₹9 per equity share (450% of face value of ₹2) for FY2025-26.
Profit Before Tax (PBT) for the quarter stood at ₹232.72 crore, a significant rise from ₹121.50 crore YoY.
The company set July 24, 2026, as the record date for dividend eligibility.
👀 What to Watch
Investors should consider the strong bottom-line growth and healthy dividend payout as a sign of operational strength; the stock is likely to react positively to these results.
Radico Khaitan's Magic Moments Vodka Crosses 8 Million Cases Sales Milestone
Radico Khaitan announced that its flagship brand, Magic Moments Vodka, has surpassed the 8 million cases sales mark, growing from 7.1 million cases in the previous year. The brand currently commands a dominant 60% share of the Indian vodka market and is ranked as the 6th largest vodka brand globally. Management emphasizes that the Indian vodka market is significantly under-indexed at less than 4% penetration compared to 20-25% globally, offering substantial growth headroom. The growth is largely attributed to successful flavor innovations like the 'Flavours of India' range and the new Jamun SpicyMint variant.
Key Highlights
Annual sales volume increased from 7.1 million cases to over 8 million cases already this year.
Maintains a leading 60% market share in the Indian premium vodka segment.
Ranked as the 6th largest vodka brand in the world as of last year.
Identified significant growth potential as Indian vodka penetration is <4% vs 20-25% globally.
👀 What to Watch
Investors should view this as a positive sign of Radico's successful premiumization strategy and market leadership. The significant gap between Indian and global vodka consumption suggests a long-term growth runway for the brand.
Radico Khaitan's Old Admiral Brandy Crosses 10 Million Cases Sales Milestone in FY26
Radico Khaitan has announced that its Old Admiral Brandy brand achieved a significant milestone by crossing 10 million cases in sales during FY26. This represents a massive jump from the 5.6 million cases sold in FY25, nearly doubling the volume within a year. The growth was primarily driven by focused distribution and market support in the key southern states of Andhra Pradesh, Telangana, and Karnataka. This achievement underscores the brand's strong consumer loyalty and its scaling capabilities within the Indian Made Foreign Liquor (IMFL) category.
Key Highlights
Old Admiral Brandy sales surpassed 10 million cases in FY26
Significant volume growth compared to 5.6 million cases recorded in FY25
Strengthened market leadership in Andhra Pradesh, Telangana, and Karnataka
Growth attributed to consistent quality, value proposition, and focused distribution initiatives
👀 What to Watch
Investors should take this as a positive sign of Radico's brand-building strength and market share expansion; watch for the impact of this volume growth on the company's revenue and margins in the upcoming financial results.
