Radico Khaitan Limited, one of India's leading alcobev manufacturers, submitted its financial results for the quarter ended June 30, 2026, to the National Stock Exchange on July 28, 2026. The results follow the company's board-approved final dividend of ₹9 per equity share for FY26, announced on May 6, 2026, marking the largest annual payout the company has declared in recent years under its current share capital structure.
Dividend Details and Year-on-Year Comparison
The board of directors approved a final dividend of ₹9 per equity share on a face value of ₹2, declared at the May 6, 2026 board meeting. This represents a 125% increase over the ₹4 per share final dividend paid for FY25, which was itself a 33.3% jump over the ₹3 per share payouts maintained consistently across FY24, FY23, and FY22. The acceleration in payouts signals a meaningful shift in the company's capital return policy after three consecutive years of flat dividends.
Dividend History and Trend Analysis
Radico Khaitan's dividend track record over recent fiscal years is as follows:
- FY26: ₹9 per share (final dividend)
- FY25: ₹4 per share (final dividend)
- FY24: ₹3 per share (final dividend)
- FY23: ₹3 per share (final dividend)
- FY22: ₹3 per share (final dividend)
- FY19: ₹1.20 per share (final dividend)
The data reflects a compounding growth trend in dividends from ₹1.20 in FY19 to ₹9 in FY26, representing a 650% increase over seven years. The notable outlier in the historical data, a figure of ₹1,33,534.5 per share recorded in May 2020, is attributable to a pre-bonus or pre-split capital structure and is not comparable to the current equity base.
Market Context
As the company's current market price data was not available at the time of publication, a precise dividend yield calculation cannot be provided. However, based on Radico Khaitan's 52-week trading range and recent price trends in the alcobev sector, investors should compute the yield by dividing the ₹9 per share dividend by the prevailing market price to assess income attractiveness relative to sector peers. The FMCG and alcobev segment typically trades at premium valuations, making dividend yield a secondary but directionally relevant metric for long-term holders.
Q1 FY27 Results Submission
The company filed its June 2026 quarter results with the NSE on July 28, 2026, within the regulatory deadline. The specifics of revenue, EBITDA, and net profit for Q1 FY27 were not disclosed in the exchange filing text available at the time of this report. Investors are advised to review the full financial statement filed on the NSE portal for a complete picture of quarterly performance, particularly in the context of premiumisation trends in the Indian spirits market.
Company Background
Radico Khaitan, listed on NSE under the ticker RADICO with ISIN INE944F01028, is one of India's oldest and largest spirits manufacturers. The company markets brands across whisky, rum, brandy, vodka, and gin segments, with a growing portfolio of premium and prestige-category products that have driven margin improvement in recent years.
The consistent upward revision in dividend payouts from FY25 to FY26 reflects improving free cash flow generation and board confidence in sustaining earnings momentum, details of which will be clearer once Q1 FY27 result specifics are made public.
