Radico Khaitan Ltd, maker of premium liquor brands like Jaisalmer and Rampur, projected net revenue growth of 13–15% for fiscal 2027. The company expects strong demand in its “prestige and above” segment, while affordable ranges will grow moderately. Analysts see this as exceeding consensus estimates.
Premium Spirits Drive Growth Outlook
Indian liquor major Radico Khaitan Ltd has announced an ambitious forecast for fiscal 2027, expecting net revenue growth between 13% and 15%, largely surpassing analyst projections. The announcement was made on January 23, 2026, by Managing Director Abhishek Khaitan, who highlighted the company’s confidence in sustained demand for premium offerings.
Key Highlights
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Revenue Projection: Net revenue is expected to rise 13–15% in FY27, compared to analyst consensus of around 13.7%.
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Premium Segment Strength: The “prestige and above” portfolio, which contributes nearly half of Radico’s revenue, is projected to grow over 15% in sales volume.
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Affordable Range Outlook: The “regular and others” category is expected to expand at a mid-single-digit pace, reflecting steady but slower growth.
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Profit Momentum: Radico recently reported a 62% jump in Q3 profit, underscoring strong operational performance.
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Market Context: Despite mixed consumer demand in India, affluent buyers continue to spend on premium liquor, supporting Radico’s growth trajectory.
Why It Matters
Radico Khaitan’s bullish forecast signals resilient demand for premium spirits and positions the company to outperform peers in India’s evolving liquor market.
Sources: Reuters, Business Standard, Economic Times