ALFA Finder| Revenue growth | 3% YoY |
|---|---|
| Margins | Temporary 150 bps contraction due to grape mix; normalization expected FY28. |
| Demand visibility | Strong momentum in Telangana; recovery expected in Karnataka by H2FY27. |
| Management confidence | High; six consecutive months of positive growth. |
Growth
Revenue grew 3% to ₹121 Cr. Elite & Premium share hit record 78%. Wine Tourism revenue rose 12% to ₹15.5 Cr.
Outlook
EBITDA margins expected to recover by year-end. Acquisition of 'Domain RASA' completed for ₹20 Cr. Expansion in CSD planned.
Risks
Higher blended grape costs impacted margins by 150 bps. Competition discounts pressured the Economy & Popular segment.
Last quarter's promises, checked
Delivered
- Targeted 100+ Cr Wine Tourism revenue → delivered 110 Cr (= BEAT)
- Expand CSD listings from 9 to 14 → delivered 5 preliminary approvals (= BEAT)
- Open Bangalore tasting room in Q4 → delivered operational facility (= BEAT)
Partly delivered
- Targeted Karnataka recovery → delivered 'looking much better' but Q1FY27 data shows H2FY27 target (= PARTIAL)
- Expand room capacity to 154 keys → delivered 154 keys but occupancy at 70% vs 80% core (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: SULA. Summary written with AI assistance from the document.
Sula Vineyards Ltd: key numbers
- Share price
- ₹142.67
- Market cap
- ₹1,205 Cr
- Revenue (annual)
- ₹555.9 Cr
- Net profit (annual)
- ₹25.65 Cr
- P/E (TTM)
- 44.9×Sector 29.0×
- Promoter holding
- 24.62%+0.00% QoQ
- FII holding
- 0.35%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sula Vineyards Ltd
All →Sula Vineyards Legal & Regulatory
Sula Vineyards received an Order-in-Original under GST law imposing differential tax of Rs 1,54,34,022 plus penalty of Rs 15,43,402 for FY 2022-23. The company disputes the order and plans to appeal.
- Value
- ₹0.15 Cr
Sula Vineyards Legal & Regulatory
Sula Vineyards received a GST Order-in-Original confirming ₹1.70 Crore in tax and penalty for FY 2022-23, excluding interest. The company disagrees and will appeal.
- Value
- ₹1.70 Cr
Sula Vineyards Investor Presentation: Key Takeaways
Q2 FY27: net revenue INR 135.5 Cr (+4% YoY), operating EBITDA INR 27.5 Cr (+8%), PAT INR 8.1 Cr (+34%). Premiumisation continues; Elite & Premium is 82% of own brands.
Sula Vineyards Results Update
Sula Vineyards reported Q2 FY27 net profit up 34% YoY to Rs 8.1 Crore. The release also flags a fourth hotel and upcoming product launches.
Sula Vineyards Capacity Expansion: ₹25 Cr Investment
Sula Vineyards plans a 30-40 room hotel at York Winery, costing about Rs 25 crore by March 2028. The board also approved Q2 results and de-alcoholised wine diversification.
- Value
- ₹25.00 Cr
- Execution
- Completion by March 2028
- hotel rooms
- 30.0 rooms
Sula Vineyards Q2 FY27 Results: Net Profit ₹8.1 Cr, Up 35.0% YoY
Sula Vineyards Ltd reported revenue from operations of ₹145.4 Cr (+4.1% YoY) and net profit of ₹8.1 Cr (+35.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹8.1 Cr · +35.0% YoY