| Revenue growth | 3% YoY |
|---|---|
| Margins | EBITDA margin 14.7% vs 16.7% YoY |
| Demand visibility | Strong for Elite brands; Karnataka remains soft |
| Management confidence | High on premiumization and tourism recovery |
Growth
Own Brand Revenue rose 2% to INR 104.3 Cr; Wine Tourism grew 12% to INR 15.4 Cr.
Outlook
Completed Chandon acquisition (Domaine Rāsā); target accelerating earnings growth over FY26-FY29 with improved EBITDA margins.
Risks
Gross margins fell 550 bps due to higher blended grape costs and adverse market mix in core states.
Last quarter's promises, checked
Delivered
- Launch The Source Grenache Red → Launched Q1 FY27 (= BEAT)
- Complete Chandon acquisition in H1 FY27 → Completed Q1 FY27 (= BEAT)
- Opex reduction measures → Opex reduced 3% YoY (= BEAT)
Partly delivered
- Return to growth trajectory → Revenue grew only 3% YoY (= PARTIAL)
Missed
- Accelerate earnings growth → PAT declined 46% (= MISS)
- Improvement in margins → EBITDA margin fell 200 bps YoY (= MISS)
Investor Presentation filed with BSE, NSE: SULA. Summary written with AI assistance from the document.
Sula Vineyards Ltd: key numbers
- Share price
- ₹133.41
- Market cap
- ₹1,127 Cr
- Revenue (annual)
- ₹555.9 Cr
- Net profit (annual)
- ₹25.65 Cr
- P/E (TTM)
- 45.5×Sector 28.6×
- 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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