Radico Khaitan Q1 FY27 Earnings Call Transcript Released
Radico Khaitan reported Q1 FY27 results with 10 million cases volume, ₹1,684 crore revenue, and ₹348 crore EBITDA. The Prestige & Above portfolio grew 36%, driven by premiumization. EBITDA margin reached a record 20.7%. The company aims to be net debt-free by Q2 FY27 and expects over 25% volume growth in its P&A portfolio for FY27.
The announcement details strong financial performance, record margins, and positive future guidance, which are material events for investors and significantly impact the company's valuation and outlook.
The company reported record volumes, revenue, and EBITDA, along with significant margin expansion and a clear path to becoming debt-free. The outlook for premiumization and specific brands is also positive.
Radico Khaitan Limited has released the transcript of its Earnings Conference Call for Analysts and Investors held on July 29, 2026, for the Quarter ended June 30, 2026. The company reported a strong quarter with the highest ever quarterly volume of 10 million cases, revenue of ₹1,684 crore, and EBITDA of ₹348 crore. This performance was driven by a 36% volume growth in the Prestige & Above (P&A) portfolio, attributed to their premiumization strategy and success of brands like Magic Moments vodka, which saw a 43% volume growth.
The company highlighted the growing Indian vodka category, which has seen over 20% CAGR between FY22 and FY26, with its share in the Indian IMFL industry increasing to 6.1% in Q1 FY27. Magic Moments specifically holds over 60% market share in the vodka category, with flavored variants constituting 75% of its volumes.
Financially, Radico Khaitan achieved a gross margin of 49.1% and an EBITDA margin of 20.7%, its highest ever. The company has also reduced its net debt by ₹138 crore since March 2026 and is on track to become net debt-free by Q2 FY27. They are confident in sustaining an EBITDA margin of around 20% for FY27, supported by premium brands and disciplined cost management.
The company also discussed its luxury portfolio, expecting over 25% volume growth in FY27, and mentioned upcoming innovations including new vodka flavors and the introduction of tequila. Morpheus whisky is scaling up in a competitive segment, and the company is focusing on organic brand creation and disciplined capital allocation, with maintenance capex projected between ₹150-170 crore.
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Radico Khaitan Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Radico Khaitan Limited. Read the original for the full detail.