Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q2 FY2027 Earnings Presentation
21 slides from Radico Khaitan's earnings presentation, Oct 27, 2026
Slide 1: Exchange filing cover letter: Earnings Conference Call Presentation
RKL/SX/2026-27/74 October 27, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeeboy Towers Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street G Block, Bandra-Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai – 400051 Scrip Code: 532497 Symbol: RADICO Subject : Earnings Confe
Slide 2: Q2 FY2027 Earnings Presentation
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Q2 FY2027 Earnings Presentation October 27, 2026 Taking India to the World
Slide 3: Slide 3
Slide 4: Q2 FY2027 Performance Highlights
Q2 FY2027 Performance Highlights Another quarter with record performance: Highest ever volume, top line and profitability Total IMFL Prestige & Above Revenue from Gross Volume* Volume Operations (Net) Profit Increased Increased Increased Increased 7.2% 35.8% 16.8% 28.6% to 10.02 Million to 5.28 Mill
Slide 5: Highest ever quarterly volume
5.2 Q2 FY2019 1.5 Q3 FY2019 (million cases) Q4 FY2019 Earnings Presentation • Q2 FY2027 Q1 FY2020 5.8 Q2 FY2020 1.6 Q3 FY2020 Q4 FY2020 Q1 FY2021 6.0 Q2 FY2021 1.7 Q3 FY2021 Q4 FY2021 Q1 FY2022 6.5 Q2 FY2022 1.9 Q3 FY2022 Q2 FY2027 Performance Highlights Q4 FY2022 Total Volume Q1 FY2023 Achieving ne
Slide 6: Highest ever quarterly Net Sales and EBITDA
518 Q2 FY2019 91 (` Crore) Q3 FY2019 Q4 FY2019 Earnings Presentation • Q2 FY2027 Q1 FY2020 570 Q2 FY2020 86 Q3 FY2020 Q4 FY2020 Q1 FY2021 Q2 FY2021 630 107 Q3 FY2021 Q4 FY2021 Q1 FY2022 701 Q2 FY2022 111 Q3 FY2022 Q2 FY2027 Performance Highlights Q4 FY2022 Q1 FY2023 …Translating into highest ever qu
Slide 7: Premiumization led to higher profitability and stronger return ratios
Q2 FY2019 Q3 FY2019 Q4 FY2019 Earnings Presentation • Q2 FY2027 Q1 FY2020 Q2 FY2020 Q3 FY2020 Q4 FY2020 Q1 FY2021 Q2 FY2021 Q3 FY2021 Q4 FY2021 Q1 FY2022 Q2 FY2022 Q3 FY2022 Q2 FY2027 Performance Highlights Net Debt (Rs. Crore) Q4 FY2022 Q1 FY2023 Q2 FY2023 Q3 FY2023 Premiumization has led to higher
Slide 8: Management Commentary
Management Commentary Commenting on the results and performance, Dr. Lalit Khaitan, Chairman and Managing Director said: “The second quarter reaffirms the consistency of our growth journey. Building on the milestone FY26 and an encouraging start to the year, Radico Khaitan has delivered another robu
Slide 9: Management Commentary
Management Commentary Commenting on the results and performance, Mr. Abhishek Khaitan, Managing Director said: “Our premium-first strategy has delivered another quarter of remarkable results. The Prestige & Above portfolio volume grew 36% in Q2, well ahead of the industry, and continued to enrich ou
Slide 10: Recent Performance
Recent Performance Q2 y-o-y Q1 q-o-q Half Year y-o-y FY2027 FY2026 Growth (%) FY2027 Growth (%) FY2027 FY2026 Growth (%) Operational Performance (Million Cases) Prestige & Above 5.28 3.89 35.8% 5.22 1.2% 10.50 7.73 35.8% Regular & Others 4.55 5.04 (9.7)% 4.61 (1.1)% 9.16 10.46 (12.5)% Total Own Volu
Slide 11: Recent Performance
Recent Performance Q2 y-o-y Q1 q-o-q Half Year y-o-y Financial Performance (` Crore) FY2027 FY2026 Growth (%) FY2027 Growth (%) FY2027 FY2026 Growth (%) Revenue from Operations (Gross) 5,582.7 5,056.7 10.4% 5,868.7 (4.9)% 11,451.4 10,370.2 10.4% Revenue from Operations (Net) 1,745.1 1,493.9 16.8% 1,
Slide 12: Recent Performance
Recent Performance Q2 y-o-y Q1 q-o-q Half Year y-o-y Financial Performance (` Crore) FY2027 FY2026 Growth (%) FY2027 Growth (%) FY2027 FY2026 Growth (%) Revenue from Operations (Gross) 5,582.7 5,056.7 10.4% 5,868.7 (4.9)% 11,451.4 10,370.2 10.4% Revenue from Operations (Net) 1,745.1 1,493.9 16.8% 1,
Slide 13: Performance Discussion
Performance Discussion Q2 FY2027 Highlights • Revenue from Operations (Net) grew by 16.8% y-o-y. Total IMFL volume* increased 7.2% whereas Prestige & Above category volume grew 35.8%. Premium volume growth was led by a 49% growth in the vodka portfolio which reached 2.96 million cases, supported by
Slide 14: Vodka Industry in India
Vodka Industry in India Represents a multi-year structural growth story • In a multi-year structural growth phase, supported by changing consumer preferences, demographic tailwinds, Vodka as % of Total IMFL premiumisation trends, evolving consumption occasions, rise in cocktails, nightlife, and soci
Slide 15: Best-in-Class Luxury Portfolio
Best-in-Class Luxury Portfolio After the success of Rampur and Jaisalmer, further strengthened the Indi-lux portfolio over the past five years FY2022 FY2023 FY2024 FY2025 FY2026 The most expensive Indian A confluence of the finest The crown jewel of luxury Another core expression Luxury vodka with a
Slide 16: Retail In-Shop Visibility
Retail In-Shop Visibility Distinctive brand displays driving visibility, trial and premium recall Earnings Presentation • Q2 FY2027 15
Slide 17: Global Travel Retail
Global Travel Retail Currently present in 65+ travel retail stores across the world; Target reaching to 100 London Heathrow Duty Free Dubai Duty Free Delhi Duty Free Bahrain Duty Free Sharjah Duty Free Muscat Duty Free Mumbai Duty Free Earnings Presentation • Q2 FY2027 16
Slide 18: Built for Premium Growth
Built for Premium Growth India Consumption Story Premiumisation Brand Portfolio Integrated Platform Margin Expansion Rising incomes, Prestige & Above volumes Eight millionaire brands Large distillation A richer mix and operating favourable demographics grew 36% in Q2, steadily and an award-winning c
Slide 19: Statutory Warning: Consumption of liquor is injurious to health
‘STATUTORY WARNING: CONSUMPTION OF LIQUOR IS INJURIOUS TO HEALTH,
Slide 20: Disclaimer
Disclaimer This presentation contains statements that contain “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Radico Khaitan’s future business developments and economic performance. W
Slide 21: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) Plot: J-I, Block B-I, Mohan Co-operative Industrial Area, Mathura Road, New Delhi-110044 Ph.: +91-11-4097 5400/5500 Fax: +91-11-4167 8841/42 www.radicokhaitan.com