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Earnings Call

Radico Khaitan Earnings Call: Key Takeaways

Radico Khaitan delivered a record FY26, surpassing ₹6,000cr revenue and ₹1,000cr EBITDA through successful premiumization and scale. Management remains optimistic on luxury portfolio growth despite West Asian geopolitical risks.

Why this was an Alfa AlertNot a filter event; results are record-breaking but in line with previous management trajectories.
Highlights
Revenue growthNet revenue exceeded ₹6,000cr; P&A segment led growth.
MarginsEBITDA margin hit 19%; guiding 125bps expansion for FY27.
Demand visibilityStrong consumer pull for luxury brands like Rampur and Jaisalmer.
Management confidenceHighly confident, emphasizing structural premiumization and debt reduction targets.

Growth

Strong volume-led growth in Prestige & Above (28%) and Luxury segments, with total IMFL volume up 4%.

Outlook

Guiding 25% value growth in Luxury and 20% volume growth in P&A for FY27.

Risks

Geopolitical volatility in West Asia impacting supply chains and rising glass prices (15% inflation).

Last quarter's promises, checked

Delivered

  • Luxury portfolio sales value INR 475 cr → Delivered INR 475 cr (= BEAT)
  • Net revenue target INR 6,000 cr → Delivered >INR 6,000 cr (= BEAT)
  • EBITDA target INR 1,000 cr → Delivered >INR 1,000 cr (= BEAT)

Partly delivered

  • Debt reduction target → Reduced by INR 329 cr, debt-free status moved to H1 FY27 (= PARTIAL)
Source

Earnings Call filed with NSE, NSE: RADICO. Summary written with AI assistance from the document.

Read the document ↗

Radico Khaitan Ltd: key numbers

Share price
₹4,557.10
Market cap
₹61,060 Cr
Revenue (annual)
₹6,050 Cr
Net profit (annual)
₹604.5 Cr
P/E (TTM)
86.8×Sector 29.0×
Promoter holding
40.19%-0.01% QoQ
FII holding
18.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Radico Khaitan Ltd

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16:21 IST BSE
Employee Stock Options

Radico Khaitan Employee Stock Options

Radico Khaitan allotted equity shares upon the exercise of options under its Employee Stock Option Plan 2006. This increases the total paid-up share capital.

16:10 IST NSE
Employee Stock Options

Radico Khaitan Employee Stock Options

Radico Khaitan allotted 6,667 equity shares to employees under its ESOP 2006 scheme. This allotment increases the paid-up capital of the company.

Value
₹1.39 Cr
11:47 IST BSE
Other Announcement

Radico Khaitan Other Announcement

Radico Khaitan disclosed that Niche Ninety Nine, a SEBI-registered ESG Rating Provider, independently assigned the company an ESG score of 62. No new business activity, transaction, or capital event is involved.

14:07 IST BSE
Financial Results

Radico Khaitan Q1 FY27 Results: Net Profit ₹229.6 Cr, Up 75.9% YoY

Radico Khaitan Ltd reported revenue from operations of ₹5,868 Cr (+10.4% YoY) and net profit of ₹229.6 Cr (+75.9% YoY) for Q1 FY27.

Key figure
Net profit ₹229.6 Cr · +75.9% YoY