RADICO KHAITAN LTD

Radico Khaitan Limited reported strong performance in its Q1 FY27 earnings conference call, achieving record quarterly volumes of 10 million cases, revenues of Rs. 1,684 crores, and EBITDA of Rs. 348 crores. Management attributed this success to their premiumization strategy, with the Prestige & Above (P&A) portfolio growing by 36%. Despite global challenges, the company expanded operating margins through a richer product mix and cost management. The vodka category in India is experiencing significant growth, with Radico's Magic Moments brand leading with a 60% market share. Management set a goal of over 25% volume growth for the P&A portfolio in FY27 and expressed confidence in maintaining an EBITDA margin of around 20%. The company also highlighted its strong financial position, with reduced net debt and improved return ratios, while emphasizing ongoing investments in brand development and distribution.

Management emphasized strong growth and operational success throughout the earnings call.