Radico Khaitan , a leading Indian spirits manufacturer, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Revenue and Profitability Surge

The company's revenue from operations saw a substantial increase of 29.6% year-over-year, rising to ₹5,056.72 crore in Q2 FY26 from ₹3,906.59 crore in the same period last year. This impressive top-line growth was accompanied by a remarkable improvement in profitability:

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed a significant increase of 46% to ₹238.00 crore, up from ₹163.00 crore in Q2 FY25. This growth outpaced the revenue increase, indicating improved operational efficiency.

Margin Improvement

Radico Khaitan's EBITDA margin expanded by 52 basis points to 4.70% in Q2 FY26, compared to 4.18% in the corresponding quarter of the previous year. This margin expansion reflects the company's ability to manage costs effectively while driving revenue growth.

Bottom-line Performance

The company's consolidated net profit witnessed a substantial jump of 73.7%, reaching ₹140.00 crore in Q2 FY26, compared to ₹80.60 crore in Q2 FY25. This sharp increase in net profit underscores Radico Khaitan's strong financial performance and effective management of expenses.

Strategic Initiatives

In a significant corporate development, Radico Khaitan's Board of Directors has approved a merger plan with its fully owned subsidiaries. This strategic move is aimed at streamlining the company's legal structure and reducing operational costs. The merger plan includes Radico Spiritzs India Private Limited and seven other step-down subsidiaries.

Management Commentary

Abhishek Khaitan, Managing Director of Radico Khaitan, commented on the results, stating, "Our robust quarterly performance reflects the strength of our brand portfolio and operational excellence. The significant growth in revenue and profitability demonstrates our ability to capitalize on market opportunities while maintaining cost efficiency."

Outlook

The strong Q2 FY26 results position Radico Khaitan favorably in the competitive Indian spirits market. The company's focus on operational efficiency, coupled with its strategic initiatives like the proposed merger, may contribute to sustained growth and improved shareholder value in the coming quarters.

Investors and market analysts will be keenly watching Radico Khaitan's performance in the subsequent quarters to assess the consistency of its growth trajectory and the impact of its strategic decisions on long-term value creation.

Radico Khaitan Limited, a prominent player in the Indian spirits industry, has received an Environmental, Social, and Governance (ESG) rating score of 64 from CFC Finlease Private Limited, a SEBI-registered ESG Rating Provider. This development provides investors with valuable insights into the company's ESG performance.

Key Details of the ESG Rating

Significance of the Rating

The ESG rating of 64 assigned to Radico Khaitan Limited reflects the company's performance across environmental, social, and governance factors. This score provides stakeholders with a quantitative measure of the company's sustainability practices and risk management in these crucial areas.

Disclosure and Transparency

In line with regulatory requirements, Radico Khaitan promptly disclosed this information to the stock exchanges. The company's Senior Vice-President - Legal & Company Secretary, Dinesh Kumar Gupta, issued a formal communication to both the BSE Ltd. and the National Stock Exchange of India Ltd. on October 26, 2025.

The disclosure emphasized that Radico Khaitan had not engaged CFC Finlease for the ESG rating. Instead, the rating was independently assigned based on the company's public disclosures, underscoring the importance of transparency in corporate reporting.

Investor Relations

For investors and stakeholders seeking more information, Radico Khaitan has made the ESG rating disclosure available on its official website under the investor relations section ( http://www.radicokhaitan.com/investor-relations/ ).

As ESG factors continue to gain prominence in investment decision-making, this rating may offer valuable insights for investors considering Radico Khaitan's stock. However, it's important to note that ESG ratings should be considered alongside other financial and operational metrics when evaluating investment opportunities.

The ESG rating for Radico Khaitan comes at a time when sustainable and responsible business practices are increasingly under the spotlight. Such ratings serve as important benchmarks for assessing corporate sustainability efforts.