Updates

RKL/SX/2026-27/53 August 8, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeeboy Towers, Exchange Plaza, 5th Floor, Plot no. C/1, Dalal Street, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 532497 Scrip code: RADICO Subject : Investor Presentation. Ref. : Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Dear Sir/Madam, Pursuant to Regulation 30 of the Listing Regulations, please find enclosed herewith a copy of Investor Presentation titled “Taking India to the World”. This intimation is also being disseminated on the Company’s website at http://www.radicokhaitan.com/investor-relations This is for your information and records. Thanking You, For Radico Khaitan Limited Dinesh Kumar Gupta Senior Vice President - Legal & Company Secretary Email Id: investor@radico.co.in Encl: as above RADICO KHAITAN LIMITED Corporate Office: Plot No. J-l, Block B-1, Mohan Co-op. Industrial area Mathura Road, New Delhi-110044 Ph: (91-11) 4097 5444/555 Registered Office: Rampur Distillery, Bareilly Road, Rampur-244901 (UP.) Phones: 0595-2350601/2, 0595-2350009 E-mail: info@radico.co.in, website: www.radicokhaitan.com CIN No.: L26941UP1983PLC027278 Radico Khaitan Ltd. (BSE: 532497; NSE: RADICO) Investor Presentation August 2026 Taking India to the World Index 1. Industry dynamics 2 2. Company overview 9 3. Strategic direction 12 4. Brand portfolio and marketing 13 5. Financial performance 61 India Macroeconomic Context India remains one of the fastest growing economies globally with strong demographic dividend Driver 1 – Income Growth Middle-class expansion and emergence of a sizeable high-income Transformation of consumption profile segment Driver 2 – Rapid Urbanization Growth of rural consumption and breakdown of the urban-rural Dispersed urbanization and rural income growth paradigm Driver 3 – Favorable Demographics A working age majority A more aware and aspirational young millennials Driver 4 – Technology and Innovation Existing technology backbone New technology and business model innovations Driver 5 – Evolving Consumer Attitudes Preferences led by lifestyle and premiumization in addition to Alcobev becoming more acceptable socially necessities, health, and leisure Investor Presentation | August 2026 3 India Consumer Story India on track to become the world's third largest consumer market by 2026 Global consumption market - India remains one of the key India's consumption growth (in nominal terms) outpaced China, consumer markets in the world (US$ trillion) US and Germany (in US$ terms) 18.6 2013 2023 10 yr CAGR (2023) 7.2% 7.1% 5.0% 11.4 1.0% 2.3 2 2.3 2.1 (2.0)% US China Japan Germany India India China US Germany Japan India's income pyramid: population with annual gross income >US$10,000 could record the highest growth (CAGR) in the next 5 years mn mn mn (Income brackets) AA Ib-goettnlee roaft eadlc ocohnotl ennetx mt taoy a b beo ixncorrect. More than US$ 10,000 12 Luxury 40 CAGR 17% 88 US$ 5,000 - US$ 10,000 25 Premium 79 CAGR 13% 146 US$ 2,500 - US$ 5,000 79 193 251 US$ 1,500 - US$ 2,500 128 222 222 Less than US$ 1,500 612 538 442 2010 2023 2028 Investor Presentation | August 2026 4 Spirits Industry in India Strong premiumisation trend is expected to continue to be driven by favourable demographics Sales of Spirits by Category (Volume) Sales of Spirits by Category (Value) Industry Industry 4.7% 6.3% 10.9% 67.6% 62.1% CAGR: 3.5% 16.6% 62.2% CAGR: 6.8% 12.5% 63.0% 13.2% Whisky: Whisky: 10.9% 3.2% 5.1% 2025: 2030: 11.0% Brandy: 2025: 2030: Brandy: 416 493 1.8% Rs. 3,149 Rs. 4,381 5.9% 19.9% million million 10.6% billion billion Rum: Rum: cases cases 4.7% 7.1% 18.3% 10.1% White Spirits: White Spirits: 9.8% 16.1% o Spirits sales in India is estimated to be at 416 million cases in CY2025, representing an increase of 3.9% over CY2024 o During CY2025-30 period, IMFL sales volume is expected to grow at a CAGR of 3.5% and sales value at 6.8% o White spirits, Vodka and Gin, remain the fastest growing category in volume and value terms Vodka industry Volume Value Volume Value Blended Scotch Single Malt growth Indian Single indicates a Malt market is strong expected to see 21.1% 22.4% 10.5% 16.5% 7.8% 21.7% premiumization strong growth trend 2025 Growth 2025-30 Growth 2025 Growth Source: Euromonitor International, May 2026 Investor Presentation | August 2026 5 Spirits Industry in India Strong structural growth drivers in place • Structural change towards premiumization • Progressive state excise policy framework • Increasing importance of liquor towards state revenues after the implementation of GST • Low per capital IMFL consumption of 2.5 liters in India • Country liquor represents an equally large market segment which is eventually expected to convert into IMFL • White spirits (vodka and craft gin) represent a large opportunity • Improved consumer shopping experience being a focus in the state policies • Focus on value engineering, including more sustainable alternative packaging options Consumers are ready to experiment with experiences beyond the functional social benefits of alcohol Continued Strong Prestige & Above brands growth Prestige & Above brands have grown at a CAGR of 21% since FY2021 46.1% 45.6% 45.6% 37.5% 38.3 P 30.8% 31.4 29.0% 29.1% 28.2 28.7 A a 26.4 o 24.3 e m 22.3 a 19.9 % m 18.2 o 17.2 u 16.7 f l o 15.8 15.6 15.2 oT V 13.4 t 13.0 a 11.3 V 8.1 u 7.1 m FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Prestige & Above* Regular & Others* Total** P&A % Investor Presentation | August 2026 * Excluding Royalty brands for FY23 to FY26; ** Total including Royalty brands for FY23 to FY26 7 Continued Strong Prestige & Above brands growth Leading to a sustainable improvement in the realization per case Realisation (Rs./case) 1,834 1,801 1,717 1,600 1,547 1,510 1,180 1,181 1,128 626 634 649 634 603 606 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Prestige & Above* Regular & Others* Total** Investor Presentation | August 2026 * Excluding Royalty brands for FY23 to FY26; ** Total including Royalty brands for FY23 to FY26 8 AD ebslacrcikp tbioanc kagurtooumnadt wicaitlhly w gheintee rtaetxetd Company Overview Largest Indian IMFL Company Strategically limiting 80+ years of interstate taxes and experience in 1943 42 transport costs. spirits making. One One of the largest Five own, 37 contract Year of of the most spirits manufacturers Bottling Million liters and royalty bottling Incorporation recognized IMFL units units spread across the brands in India country Strong distribution Growth of 22% Y-o-Y; network. Sale FY2026 IMFL Prestige & Above FY2026 Growth of 25% Y-o-Y; 100,000 through over Volume brand contribution to Net Revenue 38.3 6,050 EBITDA margin of 100,000 retail and IMFL volumes of Retailers 16.8% of Net Sales 10,000 on premise 45.6%; 70.3% in value million cases (Rs. Crore) outlets terms Manufacturing and Distribution Platform Strong backward integration to secure quality long term raw material supply Pan India manufacturing platform to cater to customer needs Location Distilleries Molasses Grain Malt Total Capacity (million litres) Rampur 6 19.3 82.5* 4.6 106.4 Sitapur 1 NA 108.9 NA 108.9 Aurangabad 3 42.0 66.0 NA 108.0 (Joint Venture) Total 10 61.3 257.4 4.6 323.3 Contract & Royalty Bottling Units (37) * Dual feed plant which can operate both on molasses and grain Own Bottling Units (5) Distilleries (10) Printing Unit (3) PET Plant (2) Investor Presentation | August 2026 10 Global Presence Significant progress in building the brand equity in the overseas markets FY2026 IMFL Sales Value Split Exports Domestic Exports to over 100 countries across the world AD ebslacrcikp tbioanc kagurtooumnadt wicaitlhly w gheintee rtaetxetd Strategic Growth Drivers Focus on developing brands, building scale and driving a profitable growth 1. A strong and growing premium product port [Showing first 8,000 characters — download PDF for full document]