Radico Khaitan Q2FY26 Earnings Results Out: Rising Demand for Premium Brands Leads to 34% Revenue Growth

Radico Khaitan, one of India’s largest IMFL (Indian Made Foreign Liquor) companies, has reported impressive results for the second quarter of FY26, supported by strong demand for its premium brands and wider market reach.

Key Financial Highlights Of Radio Khaitan Q2FY26 Earnings Results

The company’s revenue and profit both grew strongly, while its EBITDA margin improved by 126 basis points, reflecting higher efficiency. Radico Khaitan also reduced its net debt by ₹146 crore since March 2025.

IMFL and Premium Segment Drive Growth in Radio Khaitan Q2FY26 Earnings Results 

The company’s total IMFL volume rose by 37.8% year-on-year to 9.34 million cases in Q2FY26. The Prestige & Above category (comprising premium and luxury brands) continued to be the key growth driver.

Brand Highlights of Radio Khaitan Q2FY26 Earnings Results

Radio Khaitan Becomes No. 1 Liquor Company in Andhra Pradesh

Radico Khaitan’s market share in Andhra Pradesh rose from 10% in H1 FY25 to over 30% in Q2 FY26, making it the leading player in the state. This expansion significantly boosted sales volumes and profitability.

The company also introduced six new brands, including Morpheus Whisky and Spirit of Kashmyr variants, strengthening its premium portfolio. Management expects around ₹500 crore in revenue from its luxury and semi-luxury segment in the coming years.

Radio Khaitaan Guidance Call

Radico Khaitan’s management expects a 150 basis point increase in EBITDA margin for FY26. The focus remains on premiumization, innovation, and expanding its high-end product portfolio.

The company’s Sitapur distillery is now fully operational, supporting its branded business growth. With a presence in over 100 countries, Radico Khaitan is well-positioned to benefit from rising consumer demand and supportive regulatory reforms.

Read more: Best Liquor Stocks in November 2025: Tilaknagar Industries, Globus Spirits, and More Based on 5Y CAGR.

Conclusion

Radico Khaitan’s Q2FY26 performance highlights its successful strategy of premiumization and expansion. With strong financial growth, reduced debt, and continued focus on innovation, the company is poised to sustain double-digit growth and enhance profitability in the coming quarters.

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