Radico Khaitan Limited will hold a series of one-on-one investor meetings in Hong Kong on August 10 and 11, 2026, as part of its ongoing engagement with global institutional investors. The senior management team is scheduled to interact with representatives from several prominent asset management firms and investment advisors to discuss the company’s business outlook and operational performance.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Radico Khaitan emphasized that the meetings are strictly for informational purposes and that no Unpublished Price Sensitive Information (UPSI) will be shared during the interactions. The schedule remains subject to change based on exigencies from either the investors or the company.

Meeting Schedule

The interactions are structured as individual one-on-one sessions over two days. The participating firms include major global asset managers and strategic advisory groups.

Investor Engagement Details

The presentations made during these meetings are available on the company’s website at www.radicokhaitan.com/investor-relations/ . This allows all stakeholders access to the same information presented to institutional investors, ensuring transparency and equal dissemination of data.

Dinesh Kumar Gupta, Senior Vice President - Legal & Company Secretary at Radico Khaitan Limited, signed the intimation filed with both the Bombay Stock Exchange and the National Stock Exchange of India Limited. The filing serves as a formal record of the upcoming engagements, aligning with regulatory requirements for timely disclosure of material events involving senior management interactions with market participants.

What This Means for Investors

While the meetings do not involve the release of new financial data or UPSI, they provide an opportunity for global investors to engage directly with Radico Khaitan’s leadership. Such interactions are standard practice for listed companies seeking to maintain visibility among international fund managers and analysts. The presence of firms like RBC Global Asset Management and Capital Research Global Investors indicates continued interest from major global capital allocators in the Indian spirits and beverages sector.

Radico Khaitan Limited delivered a record-breaking first quarter for FY27, reporting standalone net profit of ₹226.01 crore, a 70% year-on-year increase, driven by robust volume growth in its Prestige & Above (P&A) segment and significant margin expansion. The company achieved total IMFL volumes of 10 million cases, with P&A volumes surging 36% to 5.22 million cases. This performance underscores the success of its premiumization strategy, leading management to raise the full-year volume growth forecast to over 25% for FY27.

The Board of Directors approved the unaudited financial results on July 28, 2026, reviewed by statutory auditors Walker Chandiok & Co LLP under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Revenue from operations (net) rose 11.8% to ₹1,683.7 crore. EBITDA expanded 50.9% to ₹348.1 crore, with margins reaching an all-time high of 20.7%, up from 15.3% in Q1FY26.

Financial Performance Highlights

The following table details key standalone financial metrics for Q1FY27 compared to Q1FY26:

Gross margin expanded significantly to 49.1%, aided by a benign raw material scenario despite approximately ₹30 crore financial impact from packing material price volatility. Selling and distribution expenses rose 22.6% to ₹180.1 crore, with Advertising and Sales Promotion (A&SP) spend maintained at 6.9% of IMFL sales.

Brand Performance and Premiumization

Magic Moments Vodka continued to dominate the category with 60% market share, growing 43% YoY to 3.25 million cases. Flavored vodka now accounts for 75% of Magic Moments volumes, up from 65% last year. The luxury portfolio, which generated ₹475 crore turnover last year, is on track to achieve its guided 25% value growth. Royal Ranthambore and 8PM Premium Black gained traction through differentiated brand initiatives, including IPL partnerships.

Total IMFL volume increased 2.8% to 10.00 million cases. While P&A volumes surged, Regular & Others volume declined 15.1% to 4.61 million cases due to higher base effects in Andhra Pradesh and policy impacts in Maharashtra and Karnataka. In Karnataka, Radico’s P&A category grew 83% against industry growth of 9% following pricing rationalization.

Balance Sheet and Strategic Outlook

Radico Khaitan reduced net debt by ₹138 crore since March 31, 2026, to stand at ₹106.1 crore as of June 30, 2026. The company aims to be net debt-free by Q2FY27. Return on Capital Employed (ROCE) improved to 26.9%. Management confirmed maintenance capex will range between ₹150 crore and ₹170 crore, with no immediate plans for acquisitions, adhering to a 'build versus buy' philosophy.

What the Numbers Show

The divergence between Radico’s P&A growth (36%) and overall industry trends highlights a clear structural shift towards premium consumption. With P&A revenue contributing 76.8% of total IMFL revenue, up from 66.7% last year, earnings quality has improved substantially. The company’s ability to sustain ~20% EBITDA margins while investing 6-8% in A&SP suggests strong operating leverage from its premium mix, insulating it from broader market volatility in regular segments.