From ₹325 Cr to ₹219 Cr: Radico Khaitan’s FY25 Profit Falls 33% — Is India’s Top Desi Liquor Brand Losing Buzz?
📌 At a Glance
Radico Khaitan, the OG behind Magic Moments vodka and 8PM whisky, has posted a 33% drop in FY25 net profit to ₹219 crore from ₹325 crore last year. Despite its brand muscle in India’s alco-bev space, the company has stumbled on margins and rising costs.
But here’s the kicker: revenue is still growing, and the stock is up 3x from COVID lows. So is this just a hangover… or a detox before a premium rebrand?
Let’s uncork the full picture. 🍾
🏢 About the Company
Name: Radico Khaitan Ltd
Founded: 1943 (as Rampur Distillery Company)
Brands: 8PM Whisky, Magic Moments Vodka, Morpheus Brandy, Rampur Indian Single Malt
Market: One of India’s top 5 spirits players with pan-India distribution and exports to 85+ countries
Segment: Alcoholic beverages – IMFL (Indian Made Foreign Liquor)