Sula Vineyards Limited (NSE:SULA)
India · Delayed Price · Currency is INR | Market Cap | 13.76B -44.2% |
| Revenue (ttm) | 5.56B +3.7% |
| Net Income | 256.50M -63.5% |
| EPS | 3.04 -63.4% |
| Shares Out | 84.45M |
| PE Ratio | 53.61 |
| Forward PE | 27.49 |
| Dividend | 2.00 (1.21%) |
| Ex-Dividend Date | May 22, 2026 |
| Volume | 284,874 |
| Average Volume | 392,728 |
| Open | 166.00 |
| Previous Close | 164.76 |
| Day's Range | 161.23 - 167.00 |
| 52-Week Range | 138.60 - 335.90 |
| Beta | 0.58 |
| RSI | 43.89 |
| Earnings Date | May 6, 2026 |
About Sula Vineyards
Sula Vineyards Limited manufactures, purchases, and sells wine and other alcoholic beverages in India and internationally. It offers white, red, rosé, and sparkling wines; and spirits under the RASA, The Source, Dindori, SULA CLASSICS, and York brand names. The company also owns and operates wine tourism venues, including vineyard resorts and tasting rooms, as well as restaurants. It sells its products through distributors, corporations, licensed resellers, company depots, defense units, and other points of sale, as well as direct-to-consumer a... [Read more]
Financial Performance
In fiscal year 2026, Sula Vineyards's revenue was 6.01 billion, an increase of 3.69% compared to the previous year's 5.79 billion. Earnings were 256.50 million, a decrease of -63.46%.
Financial StatementsNews
Sula Vineyards Transcript: Q4 25/26
Q4 FY 2026 saw a 7% YOY revenue increase, led by strong wine tourism and premium brand growth. Margins remain under pressure from higher grape costs, but cost controls and strategic CapEx in wine tourism support optimism for FY 2027.
Sula Vineyards Transcript: Q3 25/26
Q3 saw significant revenue and margin pressure due to one-time destocking in Karnataka, but excluding this, revenue was stable year-on-year. Wine tourism delivered strong growth, and the Source range and CSD channel outperformed. Outlook is optimistic with improved demand and moderated Capex.
Sula Vineyards Transcript: Q2 25/26
Revenue remained stable in Q2 FY26, with wine tourism and The Source brand driving growth. Gross margin contracted due to mix and inventory, but H2 is expected to see margin recovery as Telangana disruption resolves and CapEx tapers.
Sula Vineyards Transcript: Q1 25/26
Q1 saw steady revenue after adjusting for a one-time gain, with strong growth in wine tourism and premium brands despite urban demand softness and a temporary disruption in Maharashtra. Gross margin was impacted by a sourcing model change, but outlook remains positive with new launches and expansions.
Sula Vineyards Transcript: Q3 24/25
Q3 saw subdued growth due to urban slowdown and election disruptions, but elite and premium wines and wine tourism delivered strong results. Margins were pressured by lower WIPS credits and higher S&D spend, but management expects margin recovery and significant earnings growth in FY26.
Sula Vineyards Transcript: Q2 24/25
Own brand segment achieved its tenth consecutive quarter of growth, led by premiumization and strong performance in non-core markets, despite a challenging demand environment and higher costs. Wine tourism showed resilience with higher spend per visitor, and new expansions and events are expected to drive H2 growth.
Sula Vineyards Transcript: Q1 24/25
Q1 FY25 saw record first-quarter sales with 10% revenue growth despite election and heatwave headwinds. Economy and Popular brands outpaced Elite and Premium, aided by a new distribution model. Wine tourism was soft but is expected to recover, and new capacity and projects are set to boost H2.