Revenue rises 24.7 per cent to Rs 6,050 crore, Ebitda surges 52.4 per cent; dividend more than doubles to Rs 9 per share
Radico Khaitan on Wednesday posted its strongest-ever annual results, with net revenue for FY26 rising 24.7 per cent to Rs 6,050.4 crore and Ebitda climbing 52.4 per cent to Rs 1,018.5 crore for the year ended 31 March 2026, marking the first time the company has crossed both milestones. The Board also approved a sharp increase in dividend to Rs 9 per share from Rs 4 a year ago and introduced a policy to maintain a minimum payout of 20 per cent going ahead.
In the March quarter, net revenue increased 15.3 per cent year-on-year to Rs 1,503.7 crore, while Ebitda surged 64 per cent to Rs 286.3 crore. Ebitda margin expanded by 565 basis points to 19 per cent, the highest quarterly level recorded by the company. Total comprehensive income for Q4 nearly doubled to Rs 176.5 crore, with basic earnings per share rising to rs 13.08 from Rs 6.78 in the year-ago period.
Growth continued to be led by the Prestige and Above category, where volumes rose 27.9 per cent in Q4 and 28.5 per cent for the full year to reach 1.67 crore cases. This segment now contributes 45.6 per cent of the company’s total IMFL volumes. The premium portfolio, including Rampur Indian Single Malt, Jaisalmer Indian Craft Gin, and Royal Ranthambore Whisky, generated combined sales of Rs 475 crore in FY26. Meanwhile, Magic Moments Vodka, the company’s flagship mass-premium brand, approached Rs 1,500 crore in revenue and crossed 86 lakh cases.
Margins improved during the quarter, with gross margin rising 453 basis points year-on-year to 48 per cent, supported by favourable input costs and a higher share of premium products. Net debt reduced significantly to Rs 244 crore as of 31 March 2026, down Rs 329.5 crore from the previous year, with the company indicating it aims to become net-debt free by the first half of FY2027.
Shares of the company ended at Rs 3,357.20 on the NSE on Wednesday, up 0.55 per cent for the day, valuing the firm at about Rs 44,789 crore. The stock has delivered gains of nearly 32 per cent over the past year.
