Radico Khaitan Q4 FY26 Earnings Call Transcript Released
Radico Khaitan released its Q4 FY26 earnings call transcript detailing FY26 results. Net revenue exceeded ₹6,000 crore, and EBITDA crossed ₹1,000 crore. The luxury portfolio achieved ₹475 crore sales, with 25% value growth projected for FY27. Magic Moments Vodka saw 21% volume growth. The company expects 125 basis points EBITDA margin expansion in FY27 and aims to be debt-free in H1 FY27.
The announcement provides a detailed overview of the company's financial performance, strategic initiatives, and future outlook, including key growth drivers and financial targets. This information is crucial for investors and analysts in evaluating the company's prospects.
The company reported strong financial performance, exceeding revenue and EBITDA milestones, with significant growth in premium and luxury segments. Positive outlook for future growth, margin expansion, and debt reduction contribute to a positive sentiment.
Radico Khaitan Limited has released the transcript of its Earnings Conference Call for Analysts and Investors held on May 7, 2026, pertaining to the quarter and financial year ended March 31, 2026. The company reported significant milestones for FY2026, with net revenue exceeding ₹6,000 crore and EBITDA crossing ₹1,000 crore. The Prestige & Above segment continues to drive growth, with the luxury portfolio achieving sales of ₹475 crore and a projected 25% value growth in FY27. New luxury brands like Rampur 1943 Virasat Indian Single Malt and The Spirit of Kashmyr Luxury Vodka are gaining traction. Royal Ranthambore Whisky grew over 50%, and Magic Moments Vodka saw 21% volume growth, reaching ₹1,500 crore in sales value. After Dark Whisky also performed strongly with over 60% growth.
Financially, Q4 FY26 saw a 4% year-on-year increase in total IMFL volume to 9.52 million cases, with the Prestige & Above category growing by 28%. Gross margin expanded by 450 basis points year-on-year to 48%, and EBITDA margin reached an all-time high of 19%, expanding 565 basis points year-on-year. The company expects EBITDA margin expansion of 125 basis points in FY27, inclusive of potential UK-India FTA benefits. Net debt reduced by ₹329 crore during the year, and the company is on track to become debt-free in H1 FY27. The Board has approved a dividend policy with a minimum payout of 20% of profit after tax.
Looking ahead, Radico Khaitan anticipates 20% volume growth in its Prestige & Above portfolio in FY27. The company plans to expand its luxury brands nationally and introduce new flavors for Magic Moments, along with a Tequila launch in D’YAVOL Spirits by year-end. The on-trade channel remains a strategic priority, with plans for increased advocacy, distribution, and key account partnerships. The company is also focusing on the growing white spirits trend among GenZ consumers.
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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.