Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Radico Khaitan Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 832 | 954 | 925 | 1,161 | 1,079 | 1,137 | 1,116 | 1,294 | 1,304 | 1,506 | 1,494 | 1,547 | 1,504 |
| Expenses + | 753 | 834 | 804 | 1,018 | 959 | 990 | 955 | 1,111 | 1,127 | 1,274 | 1,256 | 1,280 | 1,219 |
| Operating Profit | 79 | 120 | 121 | 143 | 120 | 147 | 162 | 183 | 178 | 232 | 238 | 267 | 284 |
| OPM % | 9% | 13% | 13% | 12% | 11% | 13% | 14% | 14% | 14% | 15% | 16% | 17% | 19% |
| Other Income + | 7 | 6 | 4 | 6 | 2 | 2 | 1 | 1 | 3 | -5 | 3 | -7 | 10 |
| Interest | 9 | 12 | 12 | 18 | 17 | 16 | 17 | 20 | 22 | 16 | 16 | 16 | 15 |
| Depreciation | 20 | 24 | 26 | 32 | 32 | 33 | 36 | 36 | 36 | 36 | 37 | 37 | 42 |
| Profit before tax | 57 | 89 | 86 | 99 | 74 | 100 | 110 | 129 | 123 | 175 | 187 | 206 | 237 |
| Tax % | 25% | 23% | 25% | 24% | 27% | 25% | 27% | 26% | 25% | 25% | 25% | 25% | 24% |
| Net Profit + | 43 | 68 | 65 | 75 | 54 | 75 | 81 | 95 | 92 | 131 | 140 | 155 | 179 |
| EPS in Rs | 3.19 | 5.11 | 4.85 | 5.62 | 4.03 | 5.64 | 6.03 | 7.14 | 6.88 | 9.75 | 10.42 | 11.57 | 13.40 |
Financials of Radico Khaitan Ltd
Annual income statement trend
| Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 580 | 1,643 | 1,657 | 1,797 | 2,063 | 2,395 | 2,374 | 2,859 | 3,133 | 4,106 | 4,843 | 6,050 |
| Expenses + | 499 | 1,452 | 1,444 | 1,526 | 1,713 | 2,023 | 1,965 | 2,457 | 2,775 | 3,599 | 4,169 | 5,029 |
| Operating Profit | 81 | 191 | 214 | 270 | 351 | 372 | 409 | 402 | 359 | 507 | 674 | 1,021 |
| OPM % | 14% | 12% | 13% | 15% | 17% | 16% | 17% | 14% | 11% | 12% | 14% | 17% |
| Other Income + | 30 | 41 | 18 | 27 | 13 | -15 | 14 | 7 | 25 | 15 | 5 | 1 |
| Interest | 39 | 85 | 81 | 69 | 36 | 32 | 22 | 13 | 22 | 60 | 74 | 64 |
| Depreciation | 16 | 43 | 42 | 41 | 42 | 53 | 54 | 65 | 71 | 114 | 140 | 153 |
| Profit before tax | 57 | 103 | 109 | 188 | 286 | 273 | 347 | 332 | 291 | 348 | 465 | 805 |
| Tax % | 20% | 24% | 26% | 34% | 34% | 17% | 24% | 25% | 24% | 25% | 26% | 25% |
| Net Profit + | 45 | 78 | 80 | 124 | 194 | 229 | 277 | 263 | 220 | 262 | 346 | 604 |
| EPS in Rs | 0.94 | 5.87 | 6.03 | 9.30 | 14.55 | 17.16 | 20.75 | 19.69 | 16.48 | 19.61 | 25.83 | 45.14 |
| Dividend Payout % | 11% | 14% | 13% | 11% | 8% | 12% | 12% | 15% | 18% | 15% | 15% | 20% |
Financials of Radico Khaitan Ltd
Capital structure and asset base
| Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 27 |
| Reserves | 166 | 951 | 1,018 | 1,130 | 1,309 | 1,516 | 1,766 | 2,000 | 2,181 | 2,413 | 2,727 | 3,289 |
| Borrowings + | 690 | 960 | 799 | 592 | 337 | 400 | 288 | 202 | 754 | 818 | 750 | 498 |
| Other Liabilities + | 133 | 390 | 392 | 498 | 581 | 540 | 543 | 555 | 762 | 846 | 1,163 | 1,157 |
| Total Liabilities | 1,007 | 2,327 | 2,235 | 2,247 | 2,253 | 2,483 | 2,624 | 2,784 | 3,724 | 4,104 | 4,668 | 4,972 |
| Fixed Assets + | 285 | 729 | 704 | 685 | 714 | 743 | 810 | 821 | 1,234 | 1,700 | 1,811 | 1,911 |
| CWIP | 44 | 2 | 2 | 20 | 16 | 18 | 38 | 30 | 327 | 54 | 23 | 75 |
| Investments | 10 | 220 | 220 | 220 | 176 | 178 | 184 | 175 | 191 | 198 | 198 | 240 |
| Other Assets + | 668 | 1,376 | 1,309 | 1,321 | 1,347 | 1,543 | 1,592 | 1,757 | 1,971 | 2,152 | 2,635 | 2,746 |
| Total Assets | 1,007 | 2,327 | 2,235 | 2,247 | 2,253 | 2,483 | 2,624 | 2,784 | 3,724 | 4,104 | 4,668 | 4,972 |
Financials of Radico Khaitan Ltd
Operating, investing and financing cash movement
| Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -36 | 250 | 316 | 309 | 60 | 370 | 222 | 239 | 166 | 363 | 743 | |
| Cash from Investing Activity + | 81 | 5 | -21 | -7 | -67 | -76 | -108 | -705 | -226 | -171 | -266 | |
| Cash from Financing Activity + | -87 | -234 | -293 | -226 | 9 | -183 | -134 | 487 | 24 | -237 | -446 | |
| Net Cash Flow | -42 | 21 | 2 | 76 | 2 | 111 | -20 | 21 | -36 | -46 | 30 | |
| Free Cash Flow | -4 | 232 | 272 | 237 | -20 | 241 | 86 | -466 | -60 | 189 | 504 | |
| CFO/OP | -8% | 124% | 130% | 110% | 39% | 109% | 78% | 87% | 47% | 67% | 90% |
Financials of Radico Khaitan Ltd
Working capital efficiency and return ratios
| Mar 2007 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 96 | 136 | 137 | 128 | 114 | 125 | 107 | 96 | 96 | 87 | 89 | 72 |
| Inventory Days | 155 | 113 | 199 | 231 | 270 | 209 | 283 | 234 | 292 | 211 | 246 | 129 |
| Days Payable | 160 | 72 | 0 | 159 | 183 | 148 | 151 | 102 | 112 | 123 | 148 | 36 |
| Cash Conversion Cycle | 91 | 176 | 336 | 201 | 201 | 187 | 239 | 228 | 277 | 175 | 187 | 164 |
| Working Capital Days | 221 | 36 | 20 | 44 | 76 | 85 | 104 | 109 | 75 | 67 | 72 | 70 |
| ROCE % | 14% | 10% | 14% | 19% | 18% | 18% | 16% | 12% | 13% | 16% | 24% |