FIIs’ Favourite Liquor Stock in Focus After Brandy Sales Surge 78% to Cross 10 Million Cases

Shares of Radico Khaitan Limited will remain in focus after the company announced that its Old Admiral Brandy crossed 10 million cases in sales during FY26. The brand recorded sales of 10 million cases in FY26 compared to 5.6 million cases in FY25, marking a 78.57 per cent increase.

The stock has reported an Intraday high of Rs 2,600, while the closing price on March 5 was reported at Rs 2,565, up by 0.9 per cent. The stock reported a 52-week high of Rs 3,591.90 and a 52-week low of Rs 2,030.25. Foreign Institutional Investors (FIIs) held 18 per cent stake in September 2025, which increased to 19.82 per cent in December 2025, indicating a 1.82 per cent QoQ increase.

Sales Growth & Admiral Brandy Performance

• Radico Khaitan Limited has reported compounded sales growth of 19 per cent over the last 3 years, 15 per cent over the last 5 years, and 13 per cent over the last 10 years.
   
• The Old Admiral Brandy brand reported sales of 10 million cases in FY26, compared to 5.6 million cases in FY25, registering a 78.57 per cent increase in sales. The growth reflects higher demand for the brand across key markets and increased distribution in states such as Andhra Pradesh, Telangana, and Karnataka.

Radico Khaitan Limited holds around 8 per cent market share in the overall domestic liquor segment. The company also has 50 per cent share in the luxury gin market, 59 per cent in the overall vodka market, and 64 per cent in the super-premium brandy segment in India.

Market Expansion

The Old Admiral Brandy brand has expanded its presence across several key markets in southern India. The company has strengthened its distribution network and retail presence through targeted market expansion initiatives.

The brand has increased its presence in Andhra Pradesh, Telangana, and Karnataka. The company stated that focused distribution and market support initiatives have helped expand the brand’s scale within the brandy segment.

About the Company

Radico Khaitan Limited is engaged in the manufacturing and sale of IMFL (Indian Made Foreign Liquor) in India. The company was earlier known as Rampur Distillery Company, where it mainly focused on distillation and bottling for branded players and supplies to the canteen stores of the armed forces. In 1997, the company entered the branded IMFL segment and launched its first brand 8 PM Whisky, which later became one of its key brands in the Indian spirits market.

Radico Khaitan Limited has a market capitalisation of around Rs 34,000 crore. The company has reduced its debt levels, while the stock has delivered around 22 per cent return over the last one year.

Disclaimer: The article is for informational purposes only and not investment advice.