Integrated Filing — IndAS



General information about company

Scrip Code 532497
NSE Symbol RADICO
MSEI Symbol NOTLISTED
ISIN INE944F01028
Name of company Radico Khaitan Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 27-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Alcohol and Alcoholic Beverages
Start date and time of board meeting 27-10-2026   13:00:00
End date and time of board meeting 27-10-2026   13:55:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 5,58,271.46 11,45,137.09
Other income 504.95 681.97
Total income 5,58,776.41 11,45,819.06
2 Expenses
(a) Cost of materials consumed 92,710.27 1,78,166.00
(b) Purchases of stock-in-trade 1,147.83 2,713.43
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,188.60) (4,519.02)
(d) Employee benefit expense 6,624.71 13,467.06
(e) Finance costs 1,141.69 2,306.94
(f) Depreciation, depletion and amortisation expense 4,317.52 8,440.99
(f) Other Expenses
1 Excise duty 3,83,761.09 8,02,161.34
2 Selling & distribution expenses 18,429.81 36,436.51
3 Other expenses 23,060.21 46,092.31
Total other expenses 4,25,251.11 8,84,690.16
Total expenses 5,28,004.53 10,85,265.56
3 Total profit before exceptional items and tax 30,771.88 60,553.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 30,771.88 60,553.50
6 Tax expense
7 Current tax 7,453.95 15,269.86
8 Deferred tax 230.04 (47.52)
9 Total tax expenses 7,683.99 15,222.34
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 23,087.89 45,331.16
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 146.80 863.67
16 Total profit (loss) for period 23,234.69 46,194.83
17 Other comprehensive income net of taxes (41.06) (114.17)
18 Total Comprehensive Income for the period 23,193.63 46,080.66
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2,679.69 2,679.69
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 17.34 34.49
Diluted earnings (loss) per share from continuing operations 17.33 34.48
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 17.34 34.49
Diluted earnings (loss) per share from continuing and discontinued operations 17.33 34.48
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The unaudited Consolidated financial results of Radico Khaitan Limited (the ‘Holding Company’), its wholly owned subsidiary, its step-down subsidiaries and Joint Ventures (the “Group”) for the quarter and six month ended September 30, 2026 (the ‘Statement’), have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 27, 2026. The statutory auditors have expressed an unmodified conclusion on these Statement. 2. These Statement have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards specified under Section 133 of the Companies Act 2013 (the 'Act') read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other accounting principles generally accepted in India and is in compliance with presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (as amended). 3. As the Group’s business activity falls within a single primary business segment, namely Alcohol and Alcoholic Beverages, the disclosure requirements as per Ind-AS 108 operating segments are not applicable. 4. The Holding Company has allotted 57,715 equity shares and 91,132 equity shares of face value of Rs. 2.00 each during the quarter and period ended September 30, 2026, on exercise of Employee Stock Option by the eligible employees, as per the ESOP Scheme 2006. 5. The Holding Company has granted 60,000 Stock Options to eligible employees under the ESOP Scheme 2006 during the period ended September 30, 2026. Each option entitles the holder to receive on equity share of the Company with a face value of Rs. 2.00 at an exercise price of Rs. 2,838.07 per share. 6. Figures of previous period/year have been regrouped/rearranged wherever necessary. The impact of the same is not material to the user of the Statement.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,89,739.87
Capital work-in-progress 17,424.73
Investment property
Goodwill 0.00
Other intangible assets 739.51
Intangible assets under development 130.18
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 24,503.75
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 8,158.54
Total of other non-current financial assets 8,158.54
Total non-current financial assets 32,662.29
Deferred tax assets (net) 23.63
Other non-current assets
1 Other non-current assets 5,373.74
Total of other non-current assets 5,373.74
Total non-current assets 2,46,093.95
2 Current assets
Inventories 1,26,059.72
Current financial asset
Current investments 0.00
Trade receivables, current 1,51,687.82
Cash and cash equivalents 5,384.99
Bank balance other than cash and cash equivalents 1,838.77
Loans, current 76.34
Other current financial assets
Total of other current financial assets 2,579.02
Total current financial assets 1,61,566.94
Current tax assets (net)
Other current assets
1 Other current assets 15,846.52
Total of other current assets 15,846.52
Total current assets 3,03,473.18
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 5,49,567.13
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,679.69
Other equity 3,64,311.67
Total equity attributable to owners of parent 3,66,991.36
Non controlling interest
Total equity 3,66,991.36
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease liabilities 10,269.40
2 Other financial liabilities 16.53
Total of other non-current financial liabilities 10,285.93
Total non-current financial liabilities 10,285.93
Provisions, non-current 0.00
Deferred tax liabilities (net) 11,165.93
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 4,880.73
Total of other non-current liabilities 4,880.73
Total non-current liabilities 26,332.59
Current liabilities
Current financial liabilities
Borrowings, current 24,706.62
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 5,433.46
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 39,068.58
Total Trade payable 44,502.04
Other current financial liabilities
1 Lease liabilities 4,452.18
2 Acceptances 25,810.34
3 Other current financial liabilities 26,934.53
Total of other current financial liabilities 57,197.05
Total current financial liabilities 1,26,405.71
Other current liabilities 22,214.04
1 Other current liabilities 22,214.04
Total of other current liabilities 22,214.04
Provisions, current 3,447.07
Current tax liabilities (Net) 4,176.36
Deferred government grants, Current
Total current liabilities 1,56,243.18
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,82,575.77
Total equity and liabilites 5,49,567.13
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement of defined benefit plan (80.00) (160.00)
2 Share in other comprehensive income / (expenses) of joint venture 2.45 4.89
Total Amount of items that will not be reclassified to profit and loss (77.55) (155.11)
2 Income tax relating to items that will not be reclassified to profit or loss (20.14) (40.27)
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of financial statements of foreign operation in joint venture 16.35 0.67
Total Amount of items that will be reclassified to profit and loss 16.35 0.67
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (41.06) (114.17)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 60,553.50
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,306.94
Adjustments for decrease (increase) in inventories (9,990.60)
Adjustments for decrease (increase) in trade receivables, current (33,652.72)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (4,203.86)
Adjustments for other financial assets, current 508.14
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 11,931.64
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 5,285.96
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 8,440.99
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 373.57
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 8,204.93
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (281.27)
Adjustments for dividend income 0.00
Adjustments for interest income 365.00
Adjustments for share-based payments 300.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (93.52)
Other adjustments for non-cash items 1,496.89
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (9,737.91)
Net cash flows from (used in) operations 50,815.59
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 12,987.41
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 37,828.18
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 111.74
Purchase of property, plant and equipment 16,390.58
Proceeds from sales of investment property 80.97
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 359.99
Interest received 334.36
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (7.56)
Net cash flows from (used in) investing activities (15,511.08)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 1,095.89
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 8,475.57
Payments of lease liabilities 2,124.47
Dividends paid 12,058.42
Interest paid 2,395.36
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (23,957.93)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,640.83)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (1,640.83)
Cash and cash equivalents cash flow statement at beginning of period 7,025.82
Cash and cash equivalents cash flow statement at end of period 5,384.99