Radico Khaitan's net profit grew by 66% year-on-year in the second quarter of fiscal year 2027, showing strong financial performance driven by increased sales and premium product demand. The company also raised its volume growth guidance for the premium segment, signaling confidence in continued growth.
- Net profit increased 66% in Q2 FY27 compared to the previous year.
- Total Indian-made foreign liquor (IMFL) volume rose 7.2% to 10.02 million cases.
- Revenue from operations grew 10% year-on-year to ₹5,583 crore in Q2 FY27.
- EBITDA increased 50.6% to ₹357 crore, with margin expanding to 6.39%.
- Premium segment volume growth guidance upgraded to 30% for FY27.
- Net debt reduced by ₹68.7 crore compared to March 2026.
What were Radico Khaitan's key financial results in Q2 FY27?
Radico Khaitan's net profit for the second quarter of FY27 rose by 66% year-on-year. The company reported a net profit of ₹237 crore in Q2 FY27, up from ₹143 crore in the same quarter last year. Revenue from operations increased by 10% to ₹5,583 crore, compared to ₹5,057 crore in Q2 FY26. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 50.6% to ₹357 crore, with the EBITDA margin expanding from 4.69% to 6.39%.
How did Radico Khaitan perform in the first half of FY27?
For the first half of FY27, Radico Khaitan's net profit rose 71% year-on-year to ₹462 crore, compared to ₹270 crore in H1 FY26. Revenue from operations for the half-year period increased 10% to ₹11,459 crore from ₹10,374 crore in the previous year. These results reflect the company's strong growth trajectory and operational efficiency.
What volume growth did Radico Khaitan achieve in Q2 FY27?
The company's total Indian-made foreign liquor (IMFL) volume increased by 7.2% in Q2 FY27, reaching 10.02 million cases. This growth was supported by the premium segment, which continues to be the main driver of the company's expansion.
What is Radico Khaitan's outlook for premium segment growth?
Radico Khaitan upgraded its premium segment volume growth guidance to 30% for FY27. The company highlighted that the Prestige & Above portfolio is now the principal growth driver, representing a multi-year opportunity. This focus on premiumisation aligns with broader industry trends towards higher-value products.
How is Radico Khaitan managing challenges in the global environment?
The company acknowledged increased volatility in the global environment, including uncertainty around input costs and supply chains. Radico Khaitan is addressing these challenges through an integrated manufacturing platform, improved procurement strategies, and a richer product mix. These measures help maintain resilience and support the company's confidence in sustaining its EBITDA margin.
What are Radico Khaitan's recent strategic initiatives?
Radico Khaitan is expanding its global footprint, becoming the first Indian spirits company present across four major UK airports. The company currently operates about 70 travel retail outlets and aims to reach 100 in the coming years. This expansion supports the company's growth and brand visibility internationally.
What is the company's financial position regarding debt?
Radico Khaitan's net debt stood at ₹175.4 crore as of the latest quarter, showing a reduction of ₹68.7 crore compared to March 2026. This improvement indicates stronger financial health and effective debt management.
How did the market respond to Radico Khaitan's earnings announcement?
Following the earnings release, Radico Khaitan's shares rose by 1.57%, trading at ₹4,266 per share on the National Stock Exchange. The company has a total market capitalization of ₹57,347.32 crore, reflecting investor confidence in its performance and growth prospects.
Frequently Asked Questions
Q: What was Radico Khaitan's net profit growth in Q2 FY27?
A: The net profit grew by 66% year-on-year in Q2 FY27.
Q: How much did Radico Khaitan's IMFL volume increase?
A: The total Indian-made foreign liquor volume increased by 7.2% to 10.02 million cases in Q2 FY27.
Q: What is the company's guidance for premium segment growth?
A: Radico Khaitan upgraded its premium segment volume growth guidance to 30% for FY27.
Q: How is Radico Khaitan expanding internationally?
A: The company is present in four major UK airports and plans to increase travel retail outlets from 70 to 100 in the coming years.
