Radico Khaitan Ltd., one of India’s leading Indian Made Foreign Liquor (IMFL) companies, is targeting strong growth in its premium portfolio, higher profitability and a debt-free balance sheet in FY27 as it strengthens its presence in India and overseas markets.
In a letter to shareholders, Managing Director Abhishek Khaitan said the company’s priorities for FY27 and beyond remain focused on premiumisation, operational excellence and sustainable value creation.
Premium growth
Khaitan said Radico Khaitan will continue to drive value-led growth by scaling its premium and luxury portfolio, strengthening leadership across key domestic markets, expanding its presence in white spirits and deepening its international footprint.
The Prestige & Above portfolio is expected to maintain strong momentum, supported by premiumisation, new product launches and stronger market execution. The company expects volume growth of more than 20% in the category during FY27.
Luxury portfolio
The luxury and semi-luxury portfolio, which generated sales of around ₹475 crore in FY26, is expected to grow by about 25% this year.
Profitability will remain a key focus, with the company targeting a 120 basis point expansion in EBITDA margin through an improved product mix, operating leverage, cost discipline, supply-chain efficiencies and backward integration.
Debt-free target
Khaitan said stronger cash generation and a healthier balance sheet have put Radico Khaitan on track to become debt-free during the first half of FY27, providing greater flexibility for future investments.
“Our investments in brands, craftsmanship, distribution, manufacturing and people are now translating into tangible outcomes. We are entering the next phase with a stronger portfolio, greater strategic flexibility and a healthier balance sheet. We believe the opportunities ahead are significant, and Radico Khaitan is well positioned to pursue them with discipline and ambition.”
Manufacturing strength
Supply chain, manufacturing capacity and backward integration remain central to the company’s growth strategy. As the premium portfolio expands, Radico Khaitan continues to strengthen its integrated manufacturing and sourcing ecosystem.
Its facilities at Rampur and Sitapur, supported by an extensive bottling network, PET manufacturing, glass bottle printing, malt maturation infrastructure and captive Extra Neutral Alcohol (ENA) capacity, provide the scale and flexibility required to meet rising demand.
Operational efficiency
Backward integration is helping improve cost efficiency, product quality and supply security by reducing dependence on external suppliers and shortening lead times.
The company is also deploying digital planning tools, SAP-enabled systems and data-driven procurement practices to improve forecasting, inventory management and supply-chain efficiency, creating a more agile and resilient platform for future growth.