• Financial and volume performance: Radico Khaitan achieved an all-time high EBITDA of ₹348 crore (up 51%), expanded EBITDA margins to 20.7%, and posted record PAT of ₹225 crore, crossing 10 million cases in overall volume for the first time.
• P&A segment guidance: Following a 36% volume increase to 5.22 million cases in the Prestige & Above (P&A) segment, the company upgraded its FY27 volume growth guidance for the category to 25%, driven by premiumization across brands like Rampur Single Malt, Jaisalmer Gin, and Magic Moments.
• Input costs and margins: Higher packaging and glass prices caused a ₹30 crore quarterly impact due to the West Asia crisis, but benign grain and ENA prices helped offset this, supporting a full-year EBITDA margin guidance of 20%.
• Deleveraging and capex: Net debt decreased to ₹106 crore with the target to become net debt-free by Q2 FY27, while annual maintenance and debottlenecking capex is projected at ₹150–170 crore for the next two to three years funded via internal cash flows.
• New product launches: Through its 47.5% joint venture in Diavolo Spirits, the company is preparing to launch a new range of tequilas in the second half of the year alongside ongoing R&D innovations in the white spirits segment.