Radico Khaitan Raises FY27 Premium Volume Guidance to 30% After Q2 Profit Jumps 65%

Radico Khaitan raised its Prestige & Above volume growth guidance to 30% for FY27 after net profit rose 65% to ₹231 crore in the September quarter, CNBC TV18 reported on October 27, 2026. The Indian spirits maker, whose brands include Magic Moments vodka and 8PM whisky, kept its EBITDA margin guidance at around 20%.

Radico Khaitan's Premium Volumes and Margins

Prestige & Above volumes rose 36% year on year to 52.8 lakh cases, while total Indian-made foreign liquor volumes increased 7.2% to 1.002 crore cases. Revenue climbed 17% to ₹1,745 crore and EBITDA rose 50% to ₹357.3 crore. The EBITDA margin expanded by 460 basis points to 20.5% from 15.9% a year earlier, and total comprehensive income rose 67% to ₹230.3 crore.

Abhishek Khaitan, Managing Director of Radico Khaitan, said the premium-first strategy continued to deliver results. "The Prestige & Above portfolio volume grew 36% in Q2, well ahead of the industry, and continued to enrich our mix," he said. The company cited flavour-led innovation behind Magic Moments and traction for After Dark Blue and 8PM Premium Black in whisky.

Radico Khaitan said it became the first Indian spirits company present across four major UK airports, with around 70 travel retail outlets and a target of 100 in the coming years. Advertising and sales promotion spending was 6.6% of IMFL sales in the quarter, against 6.1% a year earlier, and the company expects it to stay around 6% to 8% of IMFL revenue. Net debt fell by ₹68.7 crore from March 2026 to ₹175.4 crore.

Radico Khaitan's Push Into Luxury Spirits

On October 3, 2026, CNBC TV18 reported that Radico Khaitan's CMO Kunal Madan described a premiumisation strategy that began with Rampur Indian Single Malt, launched in Las Vegas over a decade ago. On September 27, 2026, Fortune India reported that Radico Khaitan launched a refreshed Lemon Dash Flavoured Rum in Assam, with a phased rollout planned across Odisha, Jharkhand, Tamil Nadu and West Bengal.

How Other Drinks Makers Are Faring

Huachuang Securities said on October 25, 2026 that the food and beverage sector is bottoming out, forecasting Moutai's Q3 revenue growth of 0.5% and profit down 3%, Moomoo reported. Citi forecast a 7% year-on-year sales decline for Budweiser APAC in Q3 and cut its 2026 core net profit forecasts by 10-13%, Moomoo reported on October 21, 2026. PKGD Group reported 56.4% portfolio volume growth for the first nine months of 2026, PR Newswire reported on October 22, 2026.

Radico Khaitan's Travel Retail Target

Radico Khaitan aims to reach 100 travel retail outlets in the UK in the coming years, up from around 70, according to its own announcement.