Radico Khaitan Limited · NSE:RADICO
Radico Khaitan — Q2 FY2026 Earnings Presentation
20 slides from Radico Khaitan's earnings presentation, Oct 29, 2025
Slide 1: Earnings Presentation Intimation to Stock Exchanges
RKL/SX/2025-26/64 October 29, 2025 BSE Ltd. National Stock Exchange of India Ltd. 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 Scrip code: RADICO Subject: Earnings Presentat
Slide 2: Radico Khaitan Ltd. Q2 FY2026 Earnings Presentation
Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Q2 FY2026 Earnings Presentation Taking India to the World Corporate Presentation | March 2025
Slide 3: The Spirit of Kashmyr
Radico The magik of Born in the Himalayas, The Spirit of Kashmyr y ] ONS aa - is pure indulgence : ‘ \ | a 2 bottled into two 4 refined expressions. Indulge in mg the journey of crafting The Spirit of. 9) { Kashmyr, "aH \g
Slide 4: Introducing Morpheus Rare Luxury Whisky
Introducing MORPHEUS — RARE — LUXURY WHISKY
Slide 5: Performance Highlights – Q2 FY2026
Performance Highlights – Q2 FY2026 Another stellar quarter – An all-round performance led by robust volume growth Total IMFL Prestige & Above Regular & Others Revenue from Volume Volume Volume Operations (Net) Increased Increased Increased Increased 37.8% 21.7% 79.6% 33.8% to 9.34 Million to 3.89 Mi
Slide 6: Q2 FY2026 Performance Highlights: Volumes
Q1 FY2019 5.21 Q2 FY2019 1.46 (million cases) Q3 FY2019 Q4 FY2019 Q1 FY2020 5.78 Q2 FY2020 1.63 Earnings Presentation | Q2 FY2026 Q3 FY2020 Q4 FY2020 Q1 FY2021 6.04 Q2 FY2021 1.69 Q3 FY2021 Q2 FY2026 Performance Highlights Q4 FY2021 Q1 FY2022 6.47 Q2 FY2022 Total Volume 1.91 Q3 FY2022 Q4 FY2022 Q1 F
Slide 7: Q2 FY2026 Performance Highlights: EBITDA
Q1 FY2019 518 (` Crore) Q2 FY2019 91 Q3 FY2019 Q4 FY2019 Q1 FY2020 570 Q2 FY2020 86 Earnings Presentation | Q2 FY2026 Q3 FY2020 Q4 FY2020 Q1 FY2021 630 Q2 FY2021 107 Q3 FY2021 Q2 FY2026 Performance Highlights Q4 FY2021 …Translating into highest ever quarterly EBITDA Q1 FY2022 701 Q2 FY2022 111 Net S
Slide 8: Management Perspectives
Management Perspectives Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: “I am pleased to report a stellar performance in Q2 FY26, reaffirming our commitment to value-led growth and resilience in a dynamic operating environment. Supported by a stable r
Slide 9: Key Operating Metrics
Key Operating Metrics Q2 y-o-y Q1 q-o-q Half Year y-o-y FY2026 FY2025 Growth (%) FY2026 Growth (%) FY2026 FY2025 Growth (%) Operational Performance (Million Cases) Prestige & Above 3.89 3.20 21.7% 3.84 1.2% 7.73 5.93 30.5% Regular & Others 5.04 2.81 79.6% 5.42 (7.1)% 10.46 6.37 64.2% Total Own Volum
Slide 10: Key Financial Metrics
Key Financial Metrics Q2 y-o-y Q1 q-o-q Half Year y-o-y FY2026 FY2025 Growth (%) FY2026 Growth (%) FY2026 FY2025 Growth (%) Financial Performance (` Crore) Revenue from Operations (Gross) 5,056.7 3,906.6 29.4% 5,313.5 (4.8)% 10,370.2 8,172.2 26.9% Revenue from Operations (Net) 1,493.9 1,116.3 33.8%
Slide 11: Key Financial Metrics
Key Financial Metrics Q2 y-o-y Q1 q-o-q Half Year y-o-y (` Crore) FY2026 FY2025 Growth (%) FY2026 Growth (%) FY2026 FY2025 Growth (%) Revenue from Operations (Gross) 5,056.7 3,906.6 29.4% 5,313.5 (4.8)% 10,370.2 8,172.2 26.9% Revenue from Operations (Net) 1,493.9 1,116.3 33.8% 1,506.0 (0.8)% 3,000.0
Slide 12: Performance Discussion
Performance Discussion Q2 FY2026 Highlights o Revenue from Operations (Net) grew by 33.8% y-o-y. Total IMFL volume* increased 37.8% whereas Prestige & Above category volume grew 21.7%. After 9 quarters of degrowth, Regular volumes had returned to sharp growth trajectory in Q3 FY25. The momentum cont
Slide 13: Brand Performance
Brand Performance Rampur Indian Single Malt Whisky • Eight expressions (Select, PX Sherry, Signature Reserve, Double Cask, Asava, Trigun, Jugalbandi, Barrel Blush) • Available in around 50 countries and 35 travel retail • Rampur Double Cask available in 19 states in India and Asava in 12 states Rece
Slide 14: Brand Performance
Brand Performance Sangam World Malt Whisky • “Sangam” is derived from the Hindi word meaning "confluence," which symbolizes the seamless blend of Eastern tradition and Western whisky-making expertise • Meticulous fusion of premium malts sourced from Europe and the New World • Available in around 40
Slide 15: Brand Performance
Brand Performance The Spirit of Kashmyr, Luxury Vodka • Crafted with Pampore saffron, renowned as the world’s finest, this spirit redefines luxury. It is blended with Himalayan spring water, sourced from pristine mountain glaciers • Distilled from the finest grain, nurtured in the fertile soils of t
Slide 16: Brand Performance
Brand Performance Morpheus Rare Luxury Whisky • A strategic extension of our premium portfolio, entering the high-growth super-premium whisky segment. Building on the formidable brand equity of Morpheus Brandy, India’s largest super-premium brandy, this new brand represents a bold step forward in th
Slide 17: Brand Performance
Brand Performance Magic Moments Vodka • Continues to gain market share; accounts for 60% of the overall vodka market share; Crossed 7 million case sales in FY25 • Partnered with Saregama, India’s leading music label to launch an innovative new music series titled ‘Magic Moments Music Studio’; Launch
Slide 18: Branding & Marketing
Branding & Marketing Rampur Barell Blush Activation at Amathus, Airport Duty Free Departures, New Delhi The Whisky Show, London London Underground Metro, London Earnings Presentation | Q2 FY2026 16
Slide 19: 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 20: Radico Khaitan Limited
Radico Khaitan Limited (CIN: L26941UP1983PLC027278) 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