• Financial Guidance and Earnings: Radico Khaitan posted record Q1 results with PAT rising 70% to 225 crores and EBITDA margins reaching 20.7%, leading management to upgrade its guidance to a 20% EBITDA margin and 25% Prestige & Luxury (P&A) growth.
• White Spirits Expansion: The company is capitalizing on a structural shift toward vodka—which has risen from 3.7% to 6% of the Indian spirit market—by launching new flavors and product innovations.
• Luxury Portfolio Momentum: Key luxury brands including Virasat Indian Single Malt, Royal Ranthambore, Rampur, and Jaisalmer continue to gain market share, supported by targeted brand advocacy in the on-trade segment.
• Debt and Capex: Radico Khaitan expects to become debt-free in the current fiscal year from its current debt of 100 crores, with annual maintenance capex estimated at 150 to 170 crores and no external funding required.