Sula Vineyards

Why is Sula Vineyards Ltd falling/rising?

As of 12-Jun, Sula Vineyards Ltd's stock price is rising to 157.00, reflecting a 3.87% increase. Despite this short-term gain, the stock has a significant year-to-date decline of 27.70% and faces long-term concerns due to poor growth metrics and decreasing institutional investor participation.

As of 12-Jun, Sula Vineyards Ltd's stock price is rising, currently at 157.00, reflecting a change of 5.85 (3.87%) upward. This increase can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after two consecutive days of decline. It opened with a gain of 2.02% today and reached an intraday high of Rs 158.5, which is a 4.86% increase.<BR><BR>Additionally, the stock has outperformed its sector by 2.7%, indicating a relative strength compared to its peers. However, it is important to note that despite this short-term rise, the stock has experienced significant declines over longer periods, with a year-to-date drop of 27.70% and a staggering 49.81% decrease over the past year.<BR><BR>The company's valuation appears attractive with a return on capital employed (ROCE) of 7.1 and a low enterprise value to capital employed ratio of 1.8, suggesting it is trading at a discount compared to historical valuations of its peers. Nevertheless, the stock's long-term outlook remains concerning due to poor growth metrics, including a -21.24% annual decline in operating profit over the last five years and negative results for the last five consecutive quarters.<BR><BR>Moreover, there has been a decrease in institutional investor participation, with a -1.02% reduction in their stake over the previous quarter, which could signal a lack of confidence in the company's future performance. Overall, while the stock is currently rising, the broader context of its long-term performance and declining investor participation raises questions about its sustainability.

Which are the latest news on Sula Vineyards?

What does Sula Vineyards do?

Sula Vineyards Ltd is a small-cap company specializing in wine production, originally founded in 2003 and publicly listed in 2022. As of March 2026, it reported net sales of ₹135 Cr and a net profit of ₹9 Cr, with a market cap of ₹1,317 Cr.

Overview: <BR>Sula Vineyards Ltd is a company engaged in the beverages industry, specifically focusing on wine production, and operates within the small-cap market segment.<BR><BR>History: <BR>Sula Vineyards Limited was originally incorporated as "Nashik Vintners Limited" in 2003. The company underwent a name change to "Sula Vineyards Private Limited" in 2014 and became a public limited company, adopting the name "Sula Vineyards Limited" in 2022. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 135 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 9 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 1,317 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 48.00 <BR>Industry P/E: 55 <BR>Dividend Yield: 1.28% <BR>Debt-Equity: 0.55 <BR>Return on Equity: 4.59% <BR>Price to Book: 2.24<BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Sula Vineyards?

As of 10th June, Sula Vineyards Ltd has a market capitalization of 1,317.00 Cr, with recent net sales of 555.85 Cr and a net profit of 25.66 Cr. The company has shareholder's funds of 587.40 Cr and total assets of 1,089.27 Cr.

As of 10th June, Sula Vineyards Ltd has a market capitalization of 1,317.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Sula Vineyards reported Net Sales of 555.85 Cr and a Net Profit of 25.66 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 587.40 Cr and Total Assets of 1,089.27 Cr.

Who are in the management team of Sula Vineyards?

The management team of Sula Vineyards includes Rajeev Samant (Managing Director & CEO), Chetan Desai (Chairman), Alok Vajpeyi, Sangeeta Sandeep Pendurkar, Riyaaz Nasruddin Amlani (Independent Directors), along with nominees Arjun Anand and Roberto Italia, and Ruchi Sathe (Company Secretary). They oversee the company's strategic direction and governance.

The management team of Sula Vineyards includes the following members:<BR><BR>1. **Rajeev Samant** - Managing Director & CEO<BR>2. **Chetan Desai** - Chairman & Independent Director<BR>3. **Alok Vajpeyi** - Independent Director<BR>4. **Sangeeta Sandeep Pendurkar** - Independent Director<BR>5. **Arjun Anand** - Nominee<BR>6. **Roberto Italia** - Nominee<BR>7. **Ruchi Sathe** - Company Secretary & Compliance Officer<BR>8. **Riyaaz Nasruddin Amlani** - Additional Independent Director<BR><BR>This team leads the company's strategic direction and governance.

Who are the peers of the Sula Vineyards?

Sula Vineyards' peers include Tilaknagar Inds., Globus Spirits, G M Breweries, and others. Sula has good management risk but below-average growth, with a 1-year return of -52.56%, better than Som Distilleries' -54.50%.

Peers: The peers of Sula Vineyards are Tilaknagar Inds., Globus Spirits, G M Breweries, Assoc.Alcohols, Som Distilleries, BCL Industries, IFB Agro Inds., Jagatjit Inds., Monika Alcobev, and FratelliVineyard.<BR><BR>Quality Snapshot: Excellent management risk is observed at Globus Spirits, while Good management risk is found at Sula Vineyards, and Average management risk is present at Tilaknagar Inds., G M Breweries, Assoc.Alcohols, Som Distilleries, BCL Industries, IFB Agro Inds., Monika Alcobev, and the rest. Growth is Excellent at Som Distilleries, Average at G M Breweries, Monika Alcobev, and the rest, while Below Average growth is noted at Sula Vineyards, Globus Spirits, Assoc.Alcohols, BCL Industries, IFB Agro Inds., and Jagatjit Inds. Capital Structure is Excellent at G M Breweries and IFB Agro Inds., Average at Sula Vineyards, Tilaknagar Inds., BCL Industries, and the rest, while Below Average is seen at Jagatjit Inds. and Monika Alcobev.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Tilaknagar Inds. at 24.18%, while the lowest is Som Distilleries at -54.50%. Sula Vineyards' 1-year return is -52.56%, which is slightly better than Som Distilleries. Additionally, peers with a negative six-month return include Som Distilleries, Sula Vineyards, IFB Agro Inds., Jagatjit Inds., and Monika Alcobev.

Has Sula Vineyards Ltd declared dividend?

Yes, Sula Vineyards Ltd has declared a 100% dividend, amounting to ₹3.6 per share, with an ex-date of May 23, 2025. However, the stock has experienced significant negative returns over various periods, despite the dividend yield of 2.04%.

Sula Vineyards Ltd has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 3.6<BR>- Ex-date: May 23, 2025<BR><BR>Dividend Yield: 2.04%.<BR><BR>Total Returns by Period:<BR>Over the last 3 months, the price return was -5.15%, the dividend return was 1.04%, resulting in a total return of -4.11%.<BR><BR>In the 6-month period, the price return was -28.4%, the dividend return was 0.80%, leading to a total return of -27.6%.<BR><BR>For the 1-year period, the price return was -34.44%, the dividend return was 1.92%, which resulted in a total return of -32.52%.<BR><BR>Over the last 2 years, the price return was -67.02%, the dividend return was 1.99%, culminating in a total return of -65.03%.<BR><BR>In the 3-year period, the price return was -55.46%, the dividend return was 3.55%, resulting in a total return of -51.91%.<BR><BR>For the 4-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>In the 5-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>Overall, while Sula Vineyards Ltd has declared a dividend, the total returns over various periods show significant negative performance, particularly in the shorter time frames. The dividend yield is modest, indicating that while dividends are being paid, the stock performance has been challenging.

Are Sula Vineyards Ltd latest results good or bad?

Sula Vineyards Ltd's latest Q4 FY26 results show mixed performance, with a 7.32% revenue growth to ₹134.91 crores but a 34% decline in net profit to ₹8.60 crores, indicating significant challenges in profitability and margins. Overall, the results suggest operational difficulties that may affect future performance.

Sula Vineyards Ltd's latest results for Q4 FY26 present a mixed picture, leaning towards the negative side. While the company reported a revenue growth of 7.32% year-on-year, reaching ₹134.91 crores, this was accompanied by a significant decline in net profit, which fell by 34% to ₹8.60 crores compared to the same quarter last year. Additionally, the profit after tax (PAT) margin decreased sharply from 10.37% to 6.37%, indicating challenges in maintaining profitability.<BR><BR>The quarter also saw a notable sequential decline in revenue, dropping 25.21% from the previous quarter, which is typical in the wine industry due to seasonal sales patterns. The operating profit margin also contracted, reflecting ongoing pressures from rising costs and competitive dynamics in the market.<BR><BR>Overall, while revenue growth is a positive sign, the substantial drop in profitability and margins raises concerns about the sustainability of the business model in a competitive environment. The results suggest that Sula Vineyards is facing significant operational challenges that could impact its future performance.

Should I buy, sell or hold Sula Vineyards Ltd?

When is the next results date for Sula Vineyards Ltd?

The next results date for Sula Vineyards Ltd is 06 May 2026.

The next results date for Sula Vineyards Ltd is scheduled for 06 May 2026.

Is Sula Vineyards technically bullish or bearish?

As of November 21, 2025, the trend is bearish with moderate strength, driven by bearish MACD, Bollinger Bands, and moving averages, despite a bullish monthly RSI, and the stock's underperformance against the Sensex reinforces this sentiment.

As of 21 November 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly timeframe, bearish signals from Bollinger Bands and moving averages on the daily timeframe, and a bearish outlook from Dow Theory on both weekly and monthly charts. Although the monthly RSI shows bullishness, the overall trend remains bearish due to the prevailing indicators. The stock has also underperformed significantly compared to the Sensex over various periods, further supporting the bearish sentiment.

How has been the historical performance of Sula Vineyards?

Sula Vineyards has experienced steady growth in net sales, increasing from 424.41 Cr in Mar'22 to 579.15 Cr in Mar'25, but faced declines in profit margins and cash flow, with profit after tax dropping from 93.31 Cr in Mar'24 to 70.20 Cr in Mar'25. Despite these challenges, earnings per share remained strong at 8.32 in Mar'25.

Answer:<BR>The historical performance of Sula Vineyards shows a steady growth in net sales and profit over the years, although there have been fluctuations in profit margins and cash flow.<BR><BR>Breakdown:<BR>Sula Vineyards has demonstrated a consistent increase in net sales, rising from 424.41 Cr in Mar'22 to 579.15 Cr in Mar'25. Total operating income followed a similar trend, reaching 579.15 Cr in Mar'25, up from 424.41 Cr in Mar'22. The company's total expenditure also increased, from 311.13 Cr in Mar'22 to 430.08 Cr in Mar'25, which impacted the operating profit (PBDIT), which decreased from 183.57 Cr in Mar'24 to 153.00 Cr in Mar'25. Profit before tax saw a decline from 125.78 Cr in Mar'24 to 88.34 Cr in Mar'25, leading to a profit after tax of 70.20 Cr in Mar'25, down from 93.31 Cr in Mar'24. Despite these fluctuations, the earnings per share (EPS) remained strong at 8.32 in Mar'25, although it decreased from 11.06 in Mar'24. The company's total assets grew from 758.56 Cr in Mar'22 to 1,075.99 Cr in Mar'25, while total liabilities also increased, reflecting a rise in long-term borrowings from 51.80 Cr in Mar'24 to 67.66 Cr in Mar'25. Cash flow from operating activities decreased significantly to 58.00 Cr in Mar'25 from 121.00 Cr in Mar'24, resulting in a net cash outflow of 89.00 Cr in Mar'25, compared to a net inflow of 80.00 Cr in Mar'24. Overall, while Sula Vineyards has shown growth in sales and assets, it has faced challenges in profitability and cash flow management in recent years.

Is Sula Vineyards overvalued or undervalued?

As of November 19, 2025, Sula Vineyards is considered undervalued with a PE ratio of 42.28 and strong growth potential, making it a compelling investment opportunity despite a year-to-date return of -41.24%, especially when compared to more expensive peers like Varun Beverages and United Spirits.

As of 19 November 2025, Sula Vineyards has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued, with a PE ratio of 42.28, an EV to EBITDA of 19.58, and a PEG ratio of 0.00, indicating strong growth potential relative to its price. <BR><BR>In comparison to peers, Varun Beverages and United Spirits are both categorized as very expensive, with PE ratios of 51.7 and 59.84, respectively, highlighting Sula's relative affordability. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -41.24% compared to the Sensex's 9.02%, the underlying valuation metrics suggest that Sula Vineyards presents a compelling investment opportunity at its current price of 245.60.

Who are the top shareholders of the Sula Vineyards?

The top shareholders of Sula Vineyards include Rajeev Suresh Samant with 23.36%, the HDFC Large and Mid Cap Fund at 9.5%, and individual investors holding 38.7%. Additionally, 32 Foreign Institutional Investors hold 7.96%, while 8 mutual fund schemes collectively own 18.04%.

The top shareholders of Sula Vineyards include Rajeev Suresh Samant, who holds the highest promoter stake at 23.36%. Additionally, the HDFC Large and Mid Cap Fund is the largest public shareholder with a holding of 9.5%. The company also has significant holdings from individual investors, which account for 38.7%. In terms of institutional investment, 32 Foreign Institutional Investors (FIIs) hold 7.96%, and there are 8 mutual fund schemes that collectively hold 18.04%.