Radico Khaitan Q1 profit jumps 76%; premium portfolio lifts margins, company raises FY27 outlook

Radico Khaitan reported a strong set of earnings for the June quarter, with profit surging 76% year-on-year as the liquor maker's premiumisation strategy continued to drive higher sales and profitability.

The company's net profit rose to ₹230 crore in the first quarter of FY27 from ₹131 crore a year ago. Revenue increased 11.7% to ₹1,684 crore, while EBITDA climbed 50.4% to ₹349 crore. EBITDA margin expanded sharply to 20.7% from 15.4% in the corresponding quarter last year.

Premium brands fuel growth

The quarter was marked by robust growth in Radico Khaitan's premium portfolio. Prestige & Above brands recorded a 35.8% increase in volumes to 5.22 million cases, with their contribution to the company's IMFL volumes rising to 53.1% from 41.5% a year earlier. Premium brands also contributed 76.8% of the company's IMFL sales value during the quarter, highlighting the continued shift towards higher-value products.

Commenting on the performance, chairman and managing director Dr. Lalit Khaitan said the company had carried forward the momentum from the previous year, supported by sustained premiumisation and disciplined execution.

"The strong performance of our Prestige & Above portfolio reflects the evolving aspirations of Indian consumers and reinforces our conviction in the strategic direction we have pursued over the years," he said, adding that investments in brand building, manufacturing capacity and supply chain resilience have strengthened the company's competitive position.

Raises premium growth guidance

Managing director Abhishek Khaitan said the company's premium portfolio continued to substantially outpace industry growth and remained the key driver of earnings quality and margin expansion.

He highlighted the rapid growth of the vodka segment, noting that category salience in the Indian IMFL industry increased from 4.6% in Q1 FY26 to 6.1% in Q1 FY27, with Magic Moments delivering 43% volume growth during the quarter.

Buoyed by the strong start to the fiscal year, the company upgraded its guidance for the Prestige & Above portfolio, expecting volume growth of over 25% in FY27. It also reiterated its expectation of delivering an EBITDA margin of around 20% for the full year.

"With premium and luxury brands contributing an increasing share of our business, we remain confident of continued margin expansion while strengthening our portfolio of market-leading brands and creating sustainable long-term value," Abhishek Khaitan said.