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Earnings Call

Sula Vineyards Earnings Call: Key Takeaways

Sula reported Q4FY26 revenue growth of 7.1% YoY to ₹142.6 Cr, driven by strong Wine Tourism (+17.5%) and Elite/Premium brands (+10.6%).

Why this was an Alfa AlertNot a filter event. Results indicate a return to growth but do not materially exceed prior management guidance.
Highlights
Revenue growthQ4FY26 up 7.1% YoY; FY26 down 4% YoY.
MarginsGross margin at 70.7% (Q4); EBITDA margin 19.5%.
Demand visibilityStrong festive/wedding demand; robust wine tourism footfall up 12%.
Management confidenceHigh; citing improved market conditions and return to growth.

Growth

FY26 Revenue at ₹596.2 Cr (-4% YoY). Wine Tourism crossed ₹100 Cr mark for the first time in FY26.

Outlook

Expanding cellar capacity to 19.2 Mn liters; acquiring Chandon’s 19-acre estate for tourism expansion in Dindori.

Risks

Higher blended grape costs and exclusion of one-time FY25 tax benefits impacted FY26 PAT (-63% YoY).

Source

Earnings Call filed with BSE, NSE: SULA. Summary written with AI assistance from the document.

Read the document ↗

Sula Vineyards Ltd: key numbers

Share price
₹135.13
Market cap
₹1,141 Cr
Revenue (annual)
₹555.9 Cr
Net profit (annual)
₹25.65 Cr
P/E (TTM)
46.1×Sector 29.0×
Promoter holding
24.62%+0.07% QoQ
FII holding
0.68%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:29 IST BSE
Annual General Meeting

Sula Vineyards Annual General Meeting

Sula Vineyards seeks shareholder approval via Postal Ballot for the appointment and remuneration of Mr. Chaitanya Rathi as a Non-Executive Non-Independent Director.