Radico Khaitan Limited has fixed Friday, July 24, 2026, as the record date to determine the eligibility of members entitled to receive the final dividend for FY2025-26. The Board of Directors recommended a dividend of ₹9 per equity share of face value ₹2 each (450%) at its meeting held on May 6, 2026, subject to shareholder approval at the ensuing Annual General Meeting. This compares with a dividend of ₹4 per equity share (200%) declared for the previous year, reflecting the company's strong financial performance and its formalised minimum 20% dividend payout policy.

Key AGM and Dividend Details

The following table summarises the key dates and parameters for the 42nd AGM and dividend:

AGM Agenda and Ordinary Business

The 42nd AGM will transact the following ordinary and special business items. The notice of the AGM and the Annual Report for FY2025-26 are being sent electronically to members whose email addresses are registered with the company, KFin Technologies Limited (Registrar and Transfer Agent), or Depository Participants. Members whose email addresses are not registered will receive a letter providing the web-link to access the Annual Report.

E-Voting and Dividend Payment Procedures

The company is providing a remote e-voting facility through KFin Technologies Limited. Members holding shares as on the cut-off date of Friday, July 31, 2026, are eligible to cast their votes electronically. Members attending the AGM who have not cast their vote through remote e-voting shall be eligible to vote at the AGM through ballot paper. The Board of Directors has appointed Mr. Tanuj Vohra, Partner, TVA & Co. LLP (Membership No. FCS 5621, CP No. 5253) as the Scrutinizer for the e-voting process.

Pursuant to applicable SEBI regulations, dividends shall be paid only in electronic mode, including to members holding securities in physical form. Payment through dividend warrants or cheques has been discontinued. Members are requested to update their bank account details with their Depository Participants or with KFin Technologies Limited (RTA) to ensure seamless credit.

Tax on Dividend

Dividend income is taxable in the hands of members under the Income Tax Act, 2025, read with the Income Tax Rules, 2026. The company is required to deduct tax at source at applicable rates. The dividend for FY2025-26, upon declaration at the AGM, will be taxable in the hands of shareholders in FY2026-27 (Assessment Year 2027-2028). Members are requested to submit requisite tax-related documents or declarations, including Form No. 121 wherever applicable, on or before Friday, July 24, 2026, to enable determination of the appropriate TDS rate. Documents may be uploaded on the RTA website or sent to einward.ris@kfintech.com .

FY2026 Financial Highlights

The dividend recommendation reflects a strong financial performance by Radico Khaitan in FY2025-26. The company crossed two key milestones during the year, with net revenue exceeding ₹6,000 Crore and EBITDA crossing ₹1,000 Crore. The following table presents the key financial scorecard:

Total IMFL volumes grew 22.2% Y-o-Y to 38.33 million cases, with the Prestige & Above segment delivering volume growth of 28.5% to 16.70 million cases. The luxury and semi-luxury portfolio achieved sales value of ₹475 Crore, compared to ₹340 Crore in FY2025. Net debt reduced by ₹329 Crore during the year, and the company stated it is on track to become debt-free in H1 FY2027.

Radico Khaitan 's flagship vodka brand, Magic Moments, has achieved a record quarterly performance in Q1 FY27, selling 3.25 million cases. This milestone represents a robust 43% year-on-year growth compared to 2.27 million cases sold in Q1 FY26, reflecting strong consumer demand and a significant shift in market preferences. The brand has established a steady run rate of 1 million cases per month, reinforcing its dominance in the Indian spirits market.

Record Quarterly Performance

The Q1 FY27 results underscore the accelerating momentum of Magic Moments Vodka. The brand commands a 60% share of India's vodka market, cementing its position as the dominant player in the category. The following table summarises the key performance metrics for the quarter:

Market Leadership and Growth Drivers

Magic Moments is the world's fifth-largest vodka brand and has played a defining role in shaping the evolution of India's vodka market. The Indian vodka category is undergoing a structural transformation driven by premiumisation, cocktail culture, and increasing acceptance of white spirits. Flavoured vodka has emerged as a strong growth driver, accounting for over 65% of vodka volumes in FY26. While vodka accounts for nearly 28-30% of global spirits consumption, its share within India's IMFL market remained below 5% in FY26, indicating significant headroom for future growth.

Strategic Focus

Commenting on the achievement, Mr. Abhishek Khaitan, Managing Director, Radico Khaitan, highlighted the long-term structural shift in consumer preferences towards white spirits. He noted that the company recognised this opportunity early and invested in flavour-led innovation and premiumisation. The 'Flavours of India' range reflects this approach, combining global trends with local insights. Radico Khaitan remains committed to driving innovation and expanding consumer choice to support the sustained long-term growth of the category.