Key takeaway: Radico Khaitan Limited reported strong financial performance for Q2 FY2027, with Revenue from Operations (Net) increasing by 16.8% year-over-year to ₹1,745.1 Crore. Total IMFL volume rose 7.2% to 10.02 million cases, while Prestige & Above volume grew 35.8% to 5.28 million cases. EBITDA increased 51.0% to ₹356.5 Crore, with a margin expansion of 462 bps to 20.4%. Gross profit rose 28.6% to ₹838.4 Crore. Net debt decreased by ₹68.7 Crore compared to March 2026. Management highlighted premiumisation as a key driver, with the Prestige & Above portfolio leading growth. The vodka segment saw significant growth, with Magic Moments holding ~60% market share. The company also noted structural tailwinds in the IMFL industry, including policy changes in Karnataka and Tamil Nadu. Global expansion efforts include presence in four major UK airports and a target of 100 travel retail outlets. Management upgraded Prestige & Above volume growth guidance to 30% and reiterated EBITDA margin guidance of around 20% for FY2027. The presentation included forward-looking statements about future performance, subject to risks and uncertainties.

Key takeaway: Radico Khaitan Limited reported strong performance in its Q1 FY27 earnings conference call, achieving record quarterly volumes of 10 million cases, revenues of Rs. 1,684 crores, and EBITDA of Rs. 348 crores. Management attributed this success to their premiumization strategy, with the Prestige & Above (P&A) portfolio growing by 36%. Despite global challenges, the company expanded operating margins through a richer product mix and cost management. The vodka category in India is experiencing significant growth, with Radico's Magic Moments brand leading with a 60% market share. Management set a goal of over 25% volume growth for the P&A portfolio in FY27 and expressed confidence in maintaining an EBITDA margin of around 20%. The company also highlighted its strong financial position, with reduced net debt and improved return ratios, while emphasizing ongoing investments in brand development and distribution.

Key takeaway: Radico Khaitan Limited reported record performance in its Q1 FY2027 earnings presentation, highlighting a 50.9% increase in EBITDA to ₹348.1 Crore and a 70.5% rise in total comprehensive income to ₹225.4 Crore. The company achieved a 2.8% growth in total IMFL volume, reaching 10.00 million cases, with a significant 35.8% increase in the Prestige & Above segment. Revenue from operations grew by 11.8% to ₹1,683.7 Crore, supported by a gross profit increase of 27.7% to ₹826.8 Crore. Management emphasized the importance of premiumization and disciplined execution in driving profitability, while also acknowledging challenges such as geopolitical uncertainties and supply chain disruptions. The company aims to maintain its growth trajectory and strengthen its market position through strategic investments and brand development.

Key takeaway: Radico Khaitan Limited reported strong performance in its Q4 FY26 earnings call, highlighting significant milestones such as net revenue exceeding INR 6,000 crores and EBITDA surpassing INR 1,000 crores. Management noted that the Prestige & Above segment led growth, with the Luxury portfolio achieving sales of INR 475 crores. The company plans to sustain this momentum with a goal of 25% growth in the Luxury portfolio for FY27. Management emphasized the importance of the on-trade channel and outlined strategies for expanding brand visibility and consumer engagement. Financially, the company reported a gross margin of 48% and an EBITDA margin of 19%, both reflecting improvements due to a better portfolio mix and cost discipline. Management also mentioned a reduction in net debt and a commitment to a minimum dividend payout of 20% of profit after tax, indicating confidence in cash generation capabilities.

Key takeaway: Radico Khaitan Limited reported its earnings for Q4 FY2026, highlighting a strong performance across key metrics. The company achieved a 15.3% year-on-year increase in revenue from operations, reaching ₹1,503.7 crore, with total IMFL volume growing by 4.0%. The Prestige & Above segment saw a significant 27.9% growth, contributing to a gross profit increase of 27.3% to ₹721.8 crore. EBITDA rose by 64.0% to ₹286.3 crore, with margins improving to 19.0%. The total comprehensive income nearly doubled, up 99.6% to ₹176.5 crore. Management emphasized the success of their premiumisation strategy, which has strengthened margins and return ratios. The company also announced a dividend of ₹9 per share, up from ₹4 the previous year, reflecting a commitment to shareholder returns. Overall, management expressed confidence in sustaining growth and profitability amid evolving market dynamics.

Key takeaway: The investor presentation from Radico Khaitan Limited, dated February 17, 2026, outlines the company's strategic direction and performance in the spirits industry. Management highlighted India's macroeconomic growth, driven by income growth, urbanization, favorable demographics, and evolving consumer attitudes. The presentation reported that India is on track to become the world's third-largest consumer market by 2026, with significant growth in the spirits sector, particularly in premium and luxury categories. Radico Khaitan's financial performance showed a year-on-year revenue growth of 18% for FY2025, with a notable EBITDA margin of 13.8%. The company emphasized its strong brand portfolio, including successful premium launches and a robust distribution network. Management also noted the ongoing premiumization trend and the expansion of production capacity, which contributed to improved profitability and return ratios. The presentation concluded with a focus on global expansion and innovation in product offerings.