Radico Khaitan Limited, a prominent player in the Indian spirits industry, has unveiled ambitious growth plans for the coming years, signaling confidence in its market position and operational strategies.

Volume Growth Projection

The management of Radico Khaitan has set an optimistic target for volume growth, expecting to exceed 20% for the fiscal year 2026 (FY26). This projection suggests a robust outlook for the company's product demand and market expansion strategies.

Debt Reduction Strategy

In a move that could significantly strengthen its financial position, Radico Khaitan has outlined plans to achieve a near debt-free status by fiscal year 2027 (FY27). This strategic goal indicates the company's focus on improving its balance sheet and reducing financial leverage.

Recent Financial Performance

The company recently held an earnings conference call for analysts and investors on August 1, 2025, discussing its unaudited financial results for the quarter ended June 30, 2025. The audio recording of this call has been made available on the company's website, demonstrating transparency in its communications with stakeholders.

Investor Relations and Compliance

Radico Khaitan continues to maintain open lines of communication with its investors. The company has promptly disclosed the availability of its earnings call recording, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The audio recording of the earnings conference call can be accessed through the following link: https://radicokhaitan.com/wp-content/uploads/2025/08/Q1-FY2026-Concall-Recording.mp3

These developments suggest that Radico Khaitan is positioning itself for substantial growth while simultaneously working towards financial stability. Investors and market watchers will likely keep a close eye on the company's progress towards these ambitious targets in the coming years.

Radico Khaitan Limited , a leading Indian spirits manufacturer, has announced impressive financial results for the first quarter of fiscal year 2026, highlighting strong growth across key metrics and a substantial reduction in net debt.

Net Debt Reduction

The company reported a significant net debt reduction of Rs 163.70 crore since March 31, 2025. This decrease in the overall debt burden demonstrates Radico Khaitan's commitment to strengthening its financial position and improving its balance sheet.

Q1 FY2026 Financial Highlights

Radico Khaitan achieved its highest-ever quarterly performance across various metrics:

• Revenue from Operations (Net): Increased by 32.5% year-on-year to Rs 1,506.00 crore
• EBITDA: Grew by 55.6% to Rs 230.70 crore
• Total Comprehensive Income: Rose by 74.5% to Rs 132.20 crore
• Gross Profit: Increased by 38.8% to Rs 647.70 crore

Volume Growth

The company witnessed robust volume growth across its product categories:

Financial Position

As of June 30, 2025, Radico Khaitan's financial position showed:

• Total Debt: Rs 491.90 crore (including Term Loans of Rs 256.10 crore)
• Cash & Cash Equivalents: Rs 82.10 crore
• Net Debt: Rs 409.80 crore

Management Commentary

Dr. Lalit Khaitan, Chairman & Managing Director of Radico Khaitan, commented on the results: "Building on the strong momentum from the second half of last year, Radico Khaitan delivered a standout performance in Q1 FY2026. We continued to make significant progress on our premiumization journey, with our premium portfolio driving robust revenue growth."

Mr. Abhishek Khaitan, Managing Director, added: "FY2026 marks a transformative phase in Radico Khaitan's journey, as we took a bold step into the fast-growing super-premium whisky segment with the launch of Morpheus Super Premium Whisky. Another significant milestone is the introduction of The Spirit of Kashmyr, a luxury vodka crafted with the ambition to become a leading global brand."

Outlook

The company remains optimistic about sustaining strong topline growth, with expectations of margin expansion and further net debt reduction. Radico Khaitan is well-positioned to lead the next phase of growth in the evolving Indian alcobev industry, supported by its diversified portfolio, strong innovation pipeline, and growing presence in premium and luxury segments.

Exceptional Item

The company reported an exceptional item of Rs 699.36 lakhs, pertaining to a payment made to the Municipal Council of Rampur for reassessed House and Water Tax for the period from April 1, 2019, to March 31, 2025.

Radico Khaitan's strong Q1 FY2026 performance, coupled with its significant net debt reduction, reflects the company's robust financial management and successful implementation of its growth strategies in the competitive Indian spirits market.