What we do Radico Khaitan is one of India's oldest and largest manufacturers of Indian Made Foreign Liquor (IMFL), producing whisky, vodka, brandy, rum, and gin with a strong domestic and global presence. |
Founded in 1,983 |
Market share Leader in premium and super-premium IMFL segments with five millionaire brands and 60% market share in vodka segment. |
Problem solved Provides quality, diverse alcoholic beverages catering to evolving consumer preferences for premium and flavored spirits in India and over 85 exports markets. |
Top clients or who we serve Serves retail consumers, on-trade outlets, and institutional clients including Canteen Stores Department (CSD); operates in B2B and B2C segments. |
Key management - |
Our journey and innovations Founded in 1943, Radico evolved from bulk supplier to premium brands, launched India's first million-case whisky, and expanded with luxury single malts and innovative flavored spirits. |
Where we operate Primarily India with exports to over 85 countries; production facilities in Uttar Pradesh, Maharashtra, Rajasthan, and Uttarakhand. |
Top products or what we offer Key products include 8PM Whisky, Magic Moments Vodka, Rampur Indian Single Malt, Jaisalmer Gin, and Contessa Rum across IMFL categories. |
Top brands 8PM Whisky (#1 MC brand), Magic Moments Vodka (60% vodka market share), Rampur Single Malt (award-winning luxury), Morpheus Brandy, Jaisalmer Gin. |
Raw materials needed Key raw materials include grains (wheat, barley), molasses, yeast, and water for fermentation and distillation. |
Raw materials supplier Supplied mainly by local agricultural producers and molasses from sugar mills. |
Recurring vs cyclical contribution Revenue is predominantly recurring, driven by steady consumer demand and seasonality in liquor sales. |
Our industry position Among top IMFL companies in India with strong market share across multiple spirit categories and growing premiumization momentum. |
Financial highlights FY2025 net revenue Rs. 4851 Cr with 17.8% growth; net profit Rs. 346 Cr, EBITDA margin expansion to 13.8%; strong cash generation and reduced net debt. |
Geographical revenue split Domestic revenue Rs. 4559 Cr (~94%) and overseas Rs. 293 Cr (~6%) in FY2025, reflecting strong India-centric operations with global exports. |
Order book - |
Whats driving growth Growth driven by premiumization, new luxury launches, expanded distribution, stable raw material costs, and increasing consumer preference for branded spirits. |
Our future plans Focus on premium brand expansion, capacity enhancement with new distilleries, new product launches like low alcohol RTDs and advancing sustainability initiatives. |
Our green promise Committed to zero discharge plants, effluent reduction, water recycling, energy efficiency and environmental stewardship across operations. |
Our people and values Emphasizes respect, diversity, safety, and employee alignment with company values fostering ethical and inclusive culture. |
Key challenges ahead Regulatory risks, raw material price volatility, competition from other liquor producers and changing consumer regulations are monitored closely. |
Interesting facts First Indian liquor brand to sell a million cases in maiden year; multiple international quality awards and a leader in Indian luxury spirits. |
Risks and strategy Mitigates risks via diversified brand portfolio, strong governance, efficient cost management, and focus on premium segments for sustainable growth. |
