Questions across 4 calls

Anurag Jain

Firm not listed in source transcripts

Radico Khaitan Limited

Radico Khaitan Limited CC-Jan26.pdf · 2026-01-23

Good evening, sir. Congratulations on an excellent set of numbers. My question is, till now, Radico has developed all the brands in -house across different categories within the spirit segment. For Tequila, you have taken a markedly different approach in terms of how to tap the market. So, what are the reasons driving the trend, if you could throw some light on that? 15 | P a g e Q3 FY2026 Earnings Call Transcript

Okay, sir. As per the press release, it shows that Radico will be holding a 47.5% stake. So, is there some other arrangement for the brand ownership or that would be also 47.5% only currently?

Radico Khaitan Limited CC-Mar25.pdf · 2025-05-07

Good afternoon, sir. So, the previous participant's question on Telangana, there was an echo when management was speaking. So, it was not clear. I will just repeat the question. Like how are we placed in Telangana in terms of sales and outstanding receivables? 15 | P a g e Q4 FY2025 Earnings Call Transcript

All right, thank you. I have one more question on the export segment. How has been the export performance of the company for FY25 versus FY24?

Radico Khaitan Limited CC-Mar24.pdf · 2024-05-15

My question is on the export segment. How has been the performance of the export segment during full year FY24 versus FY23?

Radico Khaitan Limited CC-Sep23.pdf · 2023-11-07

Congratulations on the excellent quarter for the premium and above segment. It's a record quarter for the segment and with sales touching almost INR 500 crores and the P&A sales have almost doubled in last three years, which is significantly ahead of the industry. Now comparing the regular segment has seen the lowest sales in last five years on a quarterly basis, barring the COVID lockdown quarter. Now from the previous questions, I gather that there are two reasons. One is at the industry level and second is management's own evaluation that the sales in regular segment will not be margin accretive, so you have probably given up those sales. So now based on these two factors, what would explain the decline like 50 -50 or which is the larger reason for the decline in volumes in the regular segment between these two factors?

All right, sir. And I have one more question on the export segment. How has been the performance of the export segment and for Radico is now the export segment bigger than its largest state or not?