Radico Khaitan Q2 FY27: Revenue up 16.8% to ₹1,745.1 Cr, EBITDA surges 51% to ₹356.5 Cr
Radico Khaitan reported record Q2 FY27 results with revenue up 16.8% to ₹1,745.1 Cr and EBITDA up 51% to ₹356.5 Cr. Prestige & Above volume grew 35.8% to 5.28 million cases. The company upgraded its FY27 Prestige & Above volume growth guidance to 30% and reiterated EBITDA margin guidance of ~20%. Dilip Banthiya was appointed Executive Director & CFO.
The announcement details record financial results, significant growth in key segments, positive management outlook, and upgraded future guidance, all of which are material factors for investors and indicate a strong positive impact on the company's valuation and market perception.
The company reported record-breaking financial and operational performance, with significant year-on-year growth in revenue, volume, and profitability. Positive management commentary and upgraded guidance further support the positive sentiment.
Radico Khaitan Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026. The company reported a record performance with the highest ever quarterly volume, top line, and profitability.
In Q2 FY2027, Revenue from Operations (Net) increased by 16.8% year-on-year to ₹1,745.1 Crore. Total IMFL volume grew by 7.2% to 10.02 Million Cases, with the Prestige & Above category volume surging by 35.8% to 5.28 Million Cases. This premiumization strategy led to a significant increase in profitability, with EBITDA rising by 51.0% to ₹356.5 Crore, and EBITDA Margin expanding by 462 basis points to 20.4%. Total Comprehensive Income increased by 67.1% to ₹230.3 Crore.
The company's performance was driven by strong growth in its Prestige & Above portfolio, particularly in the vodka and whisky segments. Magic Moments vodka continued its leadership, and brands like After Dark Blue and 8PM Premium Black also showed strong momentum. Radico Khaitan is expanding its global footprint, now present in four major UK airports, with a target of 100 travel retail outlets globally.
Management commentary highlighted the company's consistent growth journey and focus on premiumization. Dr. Lalit Khaitan, Chairman and Managing Director, emphasized the years of investment in quality and brand building, while Mr. Abhishek Khaitan, Managing Director, pointed to the premium-first strategy and the strong performance of the Prestige & Above portfolio. The company has upgraded its Prestige & Above volume growth guidance to 30% and reiterated its EBITDA margin guidance of around 20% for FY27.
Key leadership changes include the elevation of Dilip Banthiya to Executive Director & CFO and Saket Somani to Deputy CFO to support future growth. The company also noted positive developments in the IMFL industry, including rationalized duty frameworks in Karnataka and encouraging signals from Tamil Nadu, which are expected to benefit organized, branded players.
For the half year ended September 30, 2027, Revenue from Operations (Net) grew by 14.3% to ₹3,429.8 Crore, and EBITDA increased by 50.9% to ₹704.6 Crore. Net Debt reduced by ₹68.7 Crore to ₹175.4 Crore as of September 30, 2026, with the company expecting to be Net Debt free during H2 FY2027.
What to do with a filing like this
Radico Khaitan Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Radico Khaitan Limited. Read the original for the full detail.