Latest news with #LalitKhaitan
Hans India
25-05-2025
- Business
- Hans India
Radico Khaitan's Q4 net profit falls 3.57 pc, expenses up
Radico Khaitan has posted a net profit of Rs 92.07 crore in the fourth quarter (Q4 FY25), down sequentially by around 3.57 per cent compared to Rs 95.48 crore in the previous quarter (Q3 FY25). During the same period, Radico Khaitan's total expenses rose to Rs 4,365.37 crore, up by 1.24 per cent from Rs 4,312.09 crore in Q3. However, the fall in profit came despite an increase in total income and revenue from operations. Total income grew to Rs 4,486.8 crore, marking a rise of 1.01 per cent, while revenue from operations increased by 1 per cent to Rs 4,485.42 crore. For the full fiscal year ending March 31 (FY25), Radico Khaitan's net profit jumped 31.8 per cent to Rs 345.61 crore from Rs 262.17 crore in the previous financial year (FY24). Its total consolidated income reached Rs 17,103.38 crore, marking a 10.4 per cent increase over FY24. With this, Radico Khaitan has crossed the $2 billion revenue mark and recorded its best-ever financial performance. The company reported an 18 per cent year-on-year (YoY) revenue growth and its highest-ever full-year EBITDA of Rs 668 crore. In terms of volumes, the company achieved solid growth. Its total IMFL (Indian Made Foreign Liquor) volume stood at 9.15 million cases in Q4, a rise of 27.9 per cent. The Prestige and Above brands contributed 3.40 million cases, or 39.1 per cent of total IMFL volumes, growing 16.8 per cent over the previous quarter. Radico Khaitan, known for premium brands like Rampur Indian Single Malt and Jaisalmer Indian Craft Gin, plans to launch two new luxury brands in Q1 FY26. The company also aims to enter the super-premium whisky segment in the first half of the new financial year. Managing Director Abhishek Khaitan credited the strong momentum from Q3 for the company's 28 per cent volume growth in Q4 -- its highest quarterly growth in the past three years. Chairman and Managing Director Lalit Khaitan described FY25 as a landmark year for the company, driven by premiumisation and continued expansion in high-growth categories.
Business Standard
07-05-2025
- Business
- Business Standard
Radico Khaitan Q4 PAT climbs 60% YoY to Rs 91 cr
Radico Khaitan reported a 59.76% jump in standalone net profit to Rs 90.71 crore in Q4 FY25 as compared with Rs 56.78 crore in Q4 FY24. Revenue from operations (excluding excise duty) jumped 20.9% YoY to Rs 1,304.08 crore during the quarter ended 31st March 2025. Profit before tax (PBT) climbed 58.8% YoY to Rs 121.50 crore in Q4 FY25. EBITDA stood at Rs 174.5 crore, recording the growth of 38.9%, as compared with Rs 125.6 crore posted in corresponding quarter last year. EBITDA margin improved to 13.4% in Q4 FY25 as against 11.6% in Q4 FY24. Total Indian made foreign liquor (IMFL) volume increased 27.9% to 9.15 million cases in Q4 FY25 from 7.16 million cases in Q4 FY24. Prestige & above volume jumped 16.8% to 3.40 million cases in Q4 FY25, up 16.8% YoY. During the quarter, prestige & above brands net sales rose 22.1% to Rs 614.8 crore as against Rs 503.5 crore recorded in same period last year. During Q4 FY2025, A&SP was 7.6% of IMFL sales compared to 7.4% in Q4 FY2024. On a quarterly basis, the amount may vary but the company expects to maintain A&SP spend around 6% to 8% of our IMFL revenues to be able to drive the sales momentum. Gross margin during the quarter was 43.5% compared to 41.0% in Q4 FY2024. Gross Margin improved both on Yo-Y and Q-o-Q basis due to the ongoing premiumization in the IMFL business coupled with a relatively stable raw material scenario. The company is optimistic that the pricing scenario for ENA and grains will remain stable going forward during FY2026. Further, moderating food and retail inflation shall support overall consumption. Lalit Khaitan, chairman & managing director said: Over the past few years, our focus on expanded backward integration, enhanced distribution capabilities, a strong innovation pipeline, and impactful consumer engagement has propelled our growth. With the Indian spirits industry witnessing an increasing shift toward premium and luxury brands, we are well-positioned to capitalize on long-term opportunities in this evolving market. Our growth this year was broad-based across both brands and geographies. The first half of the year was marked by industry and regulatory headwinds that impacted volume growth in the regular category. Additionally, rising grain and ENA prices posed further challenges. Despite this, we delivered strong volume growth and upheld our margin expansion commitments. Continuing our commitment to innovation, we introduced 8PM Premium Black in Q1 FY26 with a bold new look, designed to enhance brand imagery while highlighting its unique product story, crafted around the harmony of eight select notes. As we move forward, the first quarter of FY26 will see the launch of two luxury brandsprojects in development for the past two years. These launches represent a significant leap in Radico Khaitans premiumization journey, reaffirming our belief that the best is yet to come. Additionally, we will enter the super-premium whisky segment within the first half of the year, strengthening our footprint in high-growth categories. Looking ahead, we anticipate strong double-digit growth in the Prestige & Above category, enhanced profitability, a continued emphasis on cash flow generation, and long-term value creation for our shareholders. Radico Khaitan is among the oldest and one of the largest manufacturers of Indian-made foreign liquor (IMFL) in India. It is one of the few companies in India to have developed its entire brand portfolio organically. The counter declined 3.47% to Rs 2,446.10 on the BSE.
Economic Times
06-05-2025
- Business
- Economic Times
Radico Khaitan eyes super-premium whisky segment as Indian spirits market heats up
Radico Khaitan, one of India's leading spirits makers, announced its foray into the super-premium whisky segment in the first half of FY26, driven by rising demand for luxury alcoholic beverages in the country. The move comes as part of the company's broader premiumisation strategy, as Indian consumers increasingly trade up for high-end brands in the spirits market. ADVERTISEMENT 'Radico Khaitan has achieved another outstanding quarter, closing FY25 with its strongest financial results to date,' said Lalit Khaitan, Chairman & Managing Director. 'We posted an impressive 18% year-on-year revenue growth and recorded our highest-ever full-year EBITDA of ₹668 crore—a testament to the success of our long-term strategic initiatives.' The company has built momentum on the back of expanded backward integration, strengthened distribution, an active innovation pipeline, and effective consumer engagement. Despite challenges such as rising grain and ENA (Extra Neutral Alcohol) prices and volume pressures in the regular category, Radico Khaitan maintained strong volume growth and margin expansion.'With the Indian spirits industry witnessing an increasing shift toward premium and luxury brands, we are well-positioned to capitalize on long-term opportunities in this evolving market,' Khaitan said. Highlighting recent innovations, the company reported a 28% volume growth in Q4 FY25—the highest in three years—fueled in part by the launch of Ankahi Zaffran Spiced Liqueur, the first in its Ankahi Liqueur series. ADVERTISEMENT Looking ahead, Radico plans to introduce two new luxury brands developed over the past two years, alongside the super-premium whisky. 'These launches represent a significant leap in Radico Khaitan's premiumization journey, reaffirming our belief that the best is yet to come,' Khaitan added. ADVERTISEMENT With these introductions, Radico aims to address key gaps in its portfolio, bolster brand competitiveness, and capture growth in high-value categories. The company also expects robust double-digit growth in the Prestige & Above segment and is prioritising focused marketing, distribution expansion, and long-term shareholder value creation. ADVERTISEMENT (You can now subscribe to our Economic Times WhatsApp channel)
India.com
03-05-2025
- Business
- India.com
Meet man, once challenged Vijay Mallya, brain behind brands like 8PM whisky, Magic Moments, he is India's newest..., name is...
Meet man, once challenged Vijay Mallya, brain behind brands like 8PM whisky, Magic Moments, he is India's newest..., name is... India ranks as the world's third-largest consumer of alcoholic beverages, drinking nearly 970 crore litres every year. The country's alcohol industry is massive, estimated to be worth around Rs. 4.5 lakh crore. In the financial year 2020–21 alone, India exported alcoholic drinks worth Rs.2,386.91 crore. With alcohol consumption steadily rising across India, liquor companies have caught the keen attention of investors. The sector has seen strong growth, both in demand and in stock performance, making it one of the more lucrative areas in the market today. Some of the top-performing liquor stocks recently include: United Breweries Limited, United Alcohol Limited, Radico Khaitan Limited, Globus Spirits Limited, GM Breweries Limited, Tilaknagar Industries Limited, and more. Among these, Radico Khaitan has been a standout. The company's share price has surged by over 50 per cent in recent months, helping its chairman, Lalit Khaitan, enter the billionaire club. At the age of 80, Khaitan has become one of India's newest billionaires. Khaitan owns 40 per cent of the company, and his net worth is now estimated to be around USD 1.1 billion. On July 2, 2024, Radico Khaitan's market cap stood at around Rs. 23,700 crore, and it has now risen to nearly Rs. 33,000 crore. Radico's Journey: From a small distillery to a market giant Radico Khaitan wasn't always the giant it is today. The company started as Rampur Distillery & Chemical Company Ltd., which was bought by Lalit Khaitan's father, G.N. Khaitan, in the 1970s. When the family split their business interests in 1995, Lalit took charge of the distillery. In an interview with Fortune in 2020, he shared that his fascination with the liquor business started at a young age. Since he took over, Radico Khaitan has seen remarkable growth—from a modest valuation of Rs. 5 crore to a thriving company now worth over Rs. 5,000 crore. Under his leadership, Radico has launched several popular liquor brands and carved out a strong presence in both domestic and international markets. The company is known for launching a variety of popular alcoholic beverages such as Whytehall Honey Whisky, 8 PM, Magic Moments, Contessa Rum, Old Admiral Brandy, Florence Brandy, Jaisalmer Indian Craft Gin, 8 PM Bermuda, Radico Gold Whisky, and several others. According to reports, Lalit Khaitan had his first drink at the age of 28. Competing with giants: Lalit Khaitan's battle for market share Lalit Khaitan's rise in the Indian liquor industry wasn't without hurdles. As he worked to grow Radico Khaitan into a major player, he found himself up against some of the most well-known names in the business. One of his biggest rivals was Vijay Mallya's United Spirits, a dominant force in the market. Alongside that, he faced fierce competition from Stilldistilling Spirits India, Maka Zai, and Third Eye Distillery Holdings—each known for their premium spirits and innovative branding. Despite the tough market, Khaitan managed to carve out a solid space for Radico, focusing on both mass-market appeal and premium offerings. His strategy combined a deep understanding of the Indian consumer with smart branding and expansion into international markets. Lalit Khaitan's Educational Journey Lalit Khaitan's success is also rooted in a strong educational foundation. He studied at some of India's most prestigious institutions: Mayo College, Ajmer and St. Xavier's College, Kolkata. He also did his studies from BMS College of Engineering, Bangalore – one of the country's oldest engineering colleges He went abroad to the United States and completed a specialized course in Managerial Finance and Accounting at Harvard University. This helped him bring global best practices into Radico's growth strategy and financial management.
