Radico Khaitan Limited (RKL) stands as one of India's most recognized Indian Made Foreign Liquor (IMFL) manufacturers, with its operations dating back to 1943. Originally established as Rampur Distillery Company, the company initially focused on distillation and bottling services for branded players and canteen stores of the armed forces. Over the decades, RKL has evolved from a major bulk spirits supplier and bottler to other spirit manufacturers to become the originator of four millionaire labels and over fifteen organically grown brands.
The transformation of Radico Khaitan from a contract manufacturer to a brand builder represents one of the most successful stories in the Indian alcoholic beverages industry. The company's journey into branded products began in 1997 when it launched its first brand, 8PM whisky, which became a millionaire brand within just one year of its launch. This achievement was particularly remarkable as 8PM Whisky became the first brand in the history of the liquor industry to be recognized in the Limca Book of Records.
Radico Khaitan holds the distinction of being one of the oldest and largest manufacturers of Indian Made Foreign Liquor (IMFL), a leading supplier of branded IMFL to the Canteen Stores Department (CSD) in India, and the country's oldest and largest malt distiller. The company is recognized as the fourth largest Indian liquor company, demonstrating its significant market presence in the domestic alcoholic beverages sector.
The company's export capabilities are equally impressive, with Radico Khaitan being one of the largest exporters of alcoholic beverages from India to 102+ countries. The company has been successfully building its brand equity in international markets and currently exports its products to over 85 countries, showcasing its global reach and recognition.
Radico Khaitan has developed a comprehensive portfolio of alcoholic beverages across multiple categories. The company's product range includes whisky, rum, vodka, brandy, premium drinks, and rectified spirits, marketed under several brands including 8PM Whisky, Pluton Bay rum, After Dark Whisky, Contessa Rum, Old Admiral Brandy, Jaisalmer and Rampur premium drinks, Sangam World Malt Whisky, and Spirit of Victory 1999 whiskey.
Currently, the Company has five millionaire brands which are 8PM Whisky, Contessa Rum, Old Admiral Brandy, Magic Moments Vodka, and 8PM Premium Black Whisky. The company has achieved significant milestones, with 7 of its brands now recognized as million-dollar successes, many of which have attained notable global rankings across various segments.
The Magic Moments brand deserves special mention as this remarkable brand of vodka is a millionaire brand of Radico Khaitan and has won many coveted laurels for the organization. The brand has been expanded into flavored variants, with Magic Moments Remix available in 8 flavors including Orange, Green Apple, Lemon, Lemongrass & Ginger, Raspberry, Chocolate, Grapefruit & Watermelon, and Cucumber & Wildgreen Lemon.
The Company currently has two distilleries – Rampur Distillery in Rampur (Uttar Pradesh) and Radico NV Distilleries Maharashtra Limited, a joint venture with RNV in Aurangabad (Maharashtra). Combined, these facilities boast a production capacity exceeding 157 million liters. With 28 bottling units strategically located across India, distribution is optimized.
The company's manufacturing capabilities extend beyond alcoholic beverages, as it operates distillery units, cogeneration plants, and bottling units across the country. Radico Khaitan's PET division, started in 2003, produces a wide range of PET bottles and jars for the pharmaceutical, cosmetics, home & personal care, edible oil, and confectionery industries.
As of recent data, Radico Khaitan has a market capitalization of ₹35,208 Crore, representing a growth of 53.3% in one year. In Q3 FY25, the company reported a consolidated net profit of ₹95.48 Crore, representing an increase of 27.05% compared to the same quarter in the previous year. Revenue from operations grew by 8% to ₹1,295 Crore during Q3 FY25.
The company's volume performance has been particularly strong, with total IMFL volume at 8.36 million cases in Q3 FY25, up 15.3% year-on-year. Prestige & Above brands volume increased by 17.7% to 3.67 million cases and contributed 50.9% to total IMFL volumes.
Key financial metrics as of recent reporting include:
* Revenue (FY24): ₹4,851 Crore
* Net Profit (FY24): ₹345 Crore
* Market Cap: ₹35,208 Crore (as of recent data)
* Q3 FY25 Revenue: ₹1,295 Crore
* Q3 FY25 Net Profit: ₹95.48 Crore
The company maintains a promoter holding of 40.2%, indicating strong promoter confidence and strategic control. Radico Khaitan continues to focus on expanding its brand portfolio and geographical reach, with particular emphasis on premium and super-premium categories.
The company's strategic position in serving the Canteen Stores Department (CSD) provides it with significant business barriers to entry, offering a stable revenue base. Additionally, its international expansion strategy continues to gain momentum, with exports contributing meaningfully to overall revenue.
RKL is headquartered in New Delhi, Delhi, India, and operates under the leadership of Chairman and Managing Director Dr. Lalit Khaitan. The company trades on major Indian stock exchanges under the symbol NSE: RADICO and BSE: 532497, making it accessible to retail and institutional investors seeking exposure to India's growing alcoholic beverages market.
