India's Radico Khaitan posts quarterly profit jump on demand for premium liquor

United Spirits

22/01/2026 09:13

Jan 22  (Reuters) - India's Radico Khaitan RADC.NS reported a jump in quarterly profit on Thursday, aided by sustained demand for its pricier liquor, sending its shares up 4%.

The company, home to Rampur, Jaisalmer and Magic Moments brands, posted a 62% rise in profit to 1.55 billion rupees ($16.9 million) for the quarter ended December 31, up from 954.9 million rupees a year ago.

Revenue from operations rose 22% to 54.24 billion rupees, led by a 26% volume growth in its "prestige and above" segment.

For more earnings highlights, click here. (FULL STORY)

KEY CONTEXT

India's growing affluent consumer base continues to splurge on a wide range of premium items, from expensive liquor to jewellery and residential apartments.

Their spending habits have lifted sales of several companies, including jewellery retailer Titan TITN.NS and Radico Khaitan's peer United Spirits UNSP.NS, even as less well-off consumers are stretched thin.

"The Indian spirits sector continues to exhibit strong momentum, underpinned by steady demand and an accelerating shift towards premiumization," Lalit Khaitan, chairman and managing director at Radico Khaitan, said in a statement.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Price/Sales
Revenue growth (%)
Profit growth (%)
Mean rating*
# of analysts
Stock to price target**
Div yield (%)
Radico Khaitan Ltd
RADC.NS
53.72
34.34
NULL
15.87
36.87
BUY
9
0.81
0.14
United Spirits Ltd
UNSP.NS
48.05
35.01
NULL
-10.29
13.52
BUY
10
0.83
1.06
United Breweries Ltd
UBBW.NS
52.38
31.69
NULL
11.42
42.36
HOLD
11
0.78
0.69
Tilaknagar Industries Ltd
TILK.NS
34.74
28.05
NULL
15.71
-2.94
STRONG BUY
1
0.70
0.25

* The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

SEPTEMBER TO DECEMBER STOCK PERFORMANCE

-- All data from LSEG

($1 = 91.6125 Indian rupees)

Radico Khaitan Q3 performance https://tmsnrt.rs/4pMZmVl

 (Reporting by Komal Salecha in Bengaluru and Praveen Paramasivam in Chennai; Editing by Mrigank Dhaniwala)

 ((Komal@thomsonreuters.com;))