| Revenue growth | 13% YoY in Q4 FY26; 1% for full year FY26. |
|---|---|
| Margins | Gross margins healthy at 79%; EBITDA improved to ₹1cr in FY26. |
| Demand visibility | Normalizing market conditions in key states; strong traction in RTD segment. |
| Management confidence | High; confident in 30% growth and PAT breakeven for FY27. |
Growth
FY26 revenue was flat at ₹184cr due to regulatory disruptions. Luxury portfolio (MRP >₹2000) grew 15% YoY.
Outlook
Guidance of 30% revenue growth for FY27 reaching ~₹240cr; target of ₹500cr by 2030 at 20% CAGR.
Risks
Regulatory disruptions in Maharashtra/Telangana and excise policy changes impacted H1 performance; FTAs may impact high-end luxury margins.
Last quarter's promises, checked
Delivered
- Targeting 100,000 cases of 'Shotgun' RTD by year-end → Delivered 100,000 cases (= BEAT)
- Recover INR 4cr from overdue holdco receivables in FY26 → Delivered INR 4cr (= BEAT)
- Targeting 7% revenue growth for FY26 → Delivered 7% revenue growth (= BEAT)
Partly delivered
- Hospitality project: Negotiating definitive agreement/design → Project deferred (= PARTIAL)
Missed
- Targeting 10-12% EBITDA margin for FY27 → Delivered ~1% EBITDA margin in FY26 (= MISS)
Earnings Call filed with BSE, BSE: 541741. Summary written with AI assistance from the document.
Fratelli Vineyards Ltd: key numbers
- Share price
- ₹111.85
- Market cap
- ₹545.6 Cr
- Revenue (annual)
- ₹152.8 Cr
- Net profit (annual)
- ₹-24.91 Cr
- P/E (TTM)
- -21.2×Sector 46.8×
- Promoter holding
- 57.19%+0.00% QoQ
- FII holding
- 0.48%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Fratelli Vineyards Ltd
All →Fratelli Vineyards Other Announcement
Fratelli Vineyards reconstituted its Nomination and Remuneration Committee by circular resolution, effective November 11, 2026. Rahul Rama Narang chairs the reconstituted committee.
Fratelli Vineyards Investor Presentation: Key Takeaways
Standalone Q2/H1FY27: H1 revenue Rs 91.4 Cr (+10% YoY), EBITDA Rs 1.4 Cr vs -Rs 0.8 Cr, PAT -Rs 8.4 Cr. Q2 revenue flat at Rs 46.0 Cr. Premiumisation and RTD expansion continue.
- Call
- Guides 20% growth
Fratelli Vineyards Management Change
Fratelli Vineyards appointed Avinash Gautam Thadani as Non-Executive Independent Director for 60 months from November 7, 2026. The appointment was approved at a board meeting that day.
- Execution
- 60 months
Fratelli Vineyards Q2 FY27 Results: Net Loss of ₹4.8 Cr, Loss Widens
Fratelli Vineyards Ltd reported revenue from operations of ₹45.2 Cr (-1.5% YoY) and a net loss of ₹4.8 Cr for Q2 FY27.
- Key figure
- Net loss ₹4.8 Cr
Fratelli Vineyards Board Meeting Date
Fratelli Vineyards scheduled its board meeting for November 7, 2026, to approve Q2 and H1 results. Trading window closed from October 1, 2026.
Fratelli Vineyards Capital Structure Change
Fratelli Vineyards will hold a Rights Issue Committee meeting on October 26, 2026 to fix issue price and entitlement ratio. The rights issue of partly paid shares is capped at Rs.30 crore.
- Value
- ₹30.00 Cr