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Sula Vineyards Ltd

Sula Vineyards Ltd

SULA Share Price

NSE
₹125.682.43% (-3.13)
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With a market cap of ₹1,061 cr, stock is ranked 1,558

Stock is 2.30x as volatile as Nifty

SULA Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹1,061 cr, stock is ranked 1,558

Stock is 2.30x as volatile as Nifty

SULA Performance & Key Metrics

SULA Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
42.831.811.59%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
32.516.891.92%

SULA Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
33%
Analysts have suggested that investors can buy this stock

from 3 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

SULA Company Profile

Sula Vineyards Limited is an India-based wine producer and seller. In addition to the flagship brand Sula, its brands include RASA, Dindori, The Source, Satori, Madera & Dia, with its flagship brand Sula, being the category creator of wine in India.

Investor Presentation

View older View older 

Aug 6, 2026

PDF
View Older Presentations

SULA Similar Stocks (Peers)

Compare with peers Compare with peers 

SULA Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
52.78
52.78
1Y Return
4.37%
4.37%
Buy Reco %
88.00
88.00
PE Ratio
90.58
90.58
1Y Return
29.96%
29.96%
Buy Reco %
95.00
95.00
PE Ratio
75.53
75.53
1Y Return
34.03%
34.03%
Buy Reco %
53.33
53.33
PE Ratio
85.54
85.54
1Y Return
9.20%
9.20%
Buy Reco %
100.00
100.00
PE Ratio
570.89
570.89
1Y Return
6.12%
6.12%
Buy Reco %
100.00
100.00
Compare with Peers

SULA Sentiment Analysis

SULA Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

SULA Stock Summary · August 2026

Management framed the quarter as a steady premium-led growth story tempered by margin pressure from higher grape costs and weak value-tier demand. Net revenue from operations rose 3% year on year to INR 121 crores, marking the sixth straight month of positive sales growth, while the Elite & Premium portfolio increased 6% and reached an all-time high 78% share of Own Brands sales. The Source and RASA remained the main growth engines, with strong double-digit gains and broader distribution into Haryana, Goa, CSD and exports, while wine tourism revenue climbed 12% to INR 15.5 crores. Against that strength, the Economy & Popular portfolio stayed under pressure from aggressive competitor discounting, and gross profit was hit by higher grape procurement costs and an unfavorable sales mix, which together weighed on margins. Management also highlighted balance sheet improvement, with net debt down to INR 319 crores from INR 345 crores. Looking ahead, it said blended grape costs should ease in Q4 FY27 and normalize from Q1 FY28, with margins expected to return to last year’s level shortly and move above it before FY27 ends.

SULA Stock Growth Drivers
SULA Stock Growth Drivers
7
  • Core Branded Wine Recovery and Premiumization

    The company is showing a sustained recovery in its core branded wine business, with Q1

  • Distribution Expansion and New Product Momentum

    A key positive theme is the company’s ability to broaden distribution and successfully launch new

SULA Stock Challenges
SULA Stock Challenges
6
  • Competitive pressure in Economy & Popular wines

    The Economy & Popular portfolio remains a clear drag on performance as unsustainable competitor discounting

  • Karnataka wine market weakness

    Karnataka is a recurring underperformer and remains a difficult operating environment for the company. Management

SULA Forecast

SULA Forecasts

Price

Revenue

Earnings

SULA

SULA

Income

Balance Sheet

Cash Flow

SULA Income Statement

SULA Income Statement

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Quartermar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025mar 2026jun 2026
Total Revenue126.37122.19133.12201.05126.72110.62131.74181.30136.52115.25
Operating & Other expensessubtract93.0686.9798.76147.1097.2591.34105.45150.14107.2996.27
Depreciation/Amortizationsubtract8.358.638.698.938.749.219.4710.4110.0810.28
Interest & Other Itemssubtract6.247.107.597.817.177.518.558.197.147.18
Taxes & Other Itemssubtract5.174.863.609.150.530.622.253.463.410.46
EPS1.611.731.723.321.550.230.711.081.020.13

SULA Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2027FY 2027

Annual Report Pending

Investor Presentation

Aug 6PDF
FY 2026FY 2026

Annual report

PDF

Investor Presentation

May 6PDF
Feb 6PDF
Nov 10PDF
Aug 6PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 8PDF
Feb 5PDF
Nov 12PDF
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 4PDF
 

SULA Stock Peers

SULA Past Performance & Peer Comparison

SULA Past Performance & Peer Comparison

Comparing 3 stocks from 
Consumer StaplesAlcoholic Beverages

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Sula Vineyards Ltd41.381.811.59%
United Spirits Limited52.7810.831.27%
Radico Khaitan Limited90.5816.510.22%
United Breweries Ltd75.536.890.85%
ScreenerCompare valuation on Screener

SULA Stock Price Comparison

Compare SULA with any stock or ETF
Compare SULA with any stock or ETF
SULA
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SULA Holdings

SULA Shareholdings

SULA Promoter Holdings Trend

SULA Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

SULA Institutional Holdings Trend

SULA Institutional Holdings Trend

Increased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has increased by 1.69%

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

SULA Shareholding Pattern

SULA Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding24.62%14.94%0.03%0.35%60.06%

Dec 2025

Mar 2026

Jun 2026

Sep 2026

SULA Shareholding History

SULA Shareholding History

JunSepDec '25MarJunSep6.68%4.05%1.65%1.11%0.68%0.35%

Mutual Funds Invested in SULA

Mutual Funds Invested in SULA

No mutual funds holding trends are available

Top 5 Mutual Funds holding Sula Vineyards Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
7.5428%0.20%-0.03%85/88 (-5)
2.7988%0.08%-0.07%64/138 (-2)
2.5577%0.06%-0.01%95/108 (-10)

Compare 3-month MF holding change on Screener

SULA Insider Trades & Bulk Stock Deals

SULA Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing SULA stock

smallcases containing SULA stock

Looks like this stock is not in any smallcase yet.

SULA Events

SULA Events

SULA Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SULA has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.59%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.91 every year

Dividends

Corp. Actions

Announcements

Legal Orders

SULA Dividend Trend

No Trend In Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SULA has shown inconsistent dividend trend over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.59%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.91 every year

SULA Upcoming Dividends

SULA Upcoming Dividends

No upcoming dividends are available

SULA Past Dividends

SULA Past Dividends

Cash Dividend

Ex DateEx DateMay 22, 2026

Final
Final | Div/Share: ₹2.00

Dividend/Share

₹2.00

Ex DateEx Date

May 22, 2026

Cash Dividend

Ex DateEx DateMay 23, 2025

Final
Final | Div/Share: ₹3.60

Dividend/Share

₹3.60

Ex DateEx Date

May 23, 2025

Cash Dividend

Ex DateEx DateMay 22, 2024

Final
Final | Div/Share: ₹4.50

Dividend/Share

₹4.50

Ex DateEx Date

May 22, 2024

Cash Dividend

Ex DateEx DateFeb 21, 2024

Interim
Interim | Div/Share: ₹4.00

Dividend/Share

₹4.00

Ex DateEx Date

Feb 21, 2024

Cash Dividend

Ex DateEx DateMay 15, 2023

Final
Final | Div/Share: ₹5.25

Dividend/Share

₹5.25

Ex DateEx Date

May 15, 2023

SULA Stock News & Opinions

SULA Stock News & Opinions

Corporate
Corporate
Sula Vineyards to review financial results at board meeting on November 5, 2026

Sula Vineyards Limited will hold a board meeting on Thursday, November 5, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, which will be subject to a limited review by the company's statutory auditor; the trading window for the company's securities will remain closed for directors, officers, key managerial personnel, and designated persons from October 1, 2026, until November 7, 2026.

3 days agoCapital Market - Live
Corporate
Corporate
Sula Vineyards certified securities details to NSE and BSE, complying with SEBI regulations

Sula Vineyards Limited, through its Registrar and Transfer Agent KFin Technologies Limited, has certified that details of dematerialized and rematerialized securities for the quarter ended September 30, 2026, have been furnished to the National Stock Exchange of India Limited and BSE Limited, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

3 weeks agoCapital Market - Live
Corporate
Corporate
Sula Vineyards will restrict trading for insiders during a period in late 2026

Sula Vineyards Limited will close its trading window for directors, designated persons, and connected persons from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter ending September 30, 2026, in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the company’s internal code.

1 month agoCapital Market - Live
Earnings
Earnings
Sula Vineyards Ltd consolidated sales down 16.34% on year in Q2FY2026, net profit tumbled by 87.67%

Sula Vineyards Ltd share price ticked higher by 4.79% to Rs 170.7. The Company's net profit witnessed a sharp fall of 87.67% to Rs 1.06 crore, while revenue from operations reduced 16.34% to Rs 112.87 crore in Q2FY26 over Q1FY26. The market capitalization of Breweries & Distilleries industry group stocks on BSE stood at Rs 2.35 lakh crore, easing 5.02%. It has inched up 0.06% over last one week and advanced by 13.22% in last one month while the market capitalization of Sula Vineyards Ltd has eased by 0.30% and 6.16% in the same period respectively. Profit before tax (PBT) of Sula Vineyards Ltd stood at Rs 1.52 crore in Q2 FY26, plunging by 40.63% year-on-year, and nosediving by 87.34% quarter-on-quarter. EBITDA came in at Rs 14 crore, tanking 17.90% YoY and tumbling by 45.58% sequentially. Total expenses marginally dropped 9.13% to Rs 106.55 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 12.4 crore, registering a fall of 82.77% YoY, while employee benefits expense was at Rs 22.01 crore, rising by 7.84% YoY. For the TTM ended FY26, revenue from operations eased 4.02% to Rs 555.87 crore, while net profit plunged by 63.46% to Rs 25.65 crore, compared to previous TTM. EBITDA surged by 14832% to Rs 99.11 crore, and PBT tanked by 59.94% to Rs 35.39 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 100.75 crore in FY26, as against Rs 58.38 crore in FY25. Sula Vineyards Ltd crashed 39.14% in last one year, underperforming the benchmark BSE Sensex which has eased by 2.64% during the same period.

2 months agoCapital Market - Live
Corporate
Corporate
Sula Vineyards appoints Chaitanya Rathi as director and Rinku More as CFO

Sula Vineyards Limited appointed Mr. Chaitanya Rathi as an Additional Non-Executive Non-Independent Director, effective August 6, 2026, and formally approved the appointment of Ms. Rinku More as Chief Financial Officer and Key Managerial Personnel, also effective August 6, 2026, following her prior designation as CFO Designate starting July 15, 2026. Mr. Rathi, who previously served as COO at Sula Vineyards, brings extensive experience in consumer, alcobev, and venture capital sectors, while Ms. More has held various finance roles within the company for eight years.

2 months agoCapital Market - Live
Corporate
Corporate
Sula Vineyards to review quarterly results at a board meeting on August 6, 2026

Sula Vineyards Limited will hold a board meeting on Thursday, August 6, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, which will be subject to a limited review by the company's statutory auditor; the trading window for the company's securities will remain closed for directors, officers, key managerial personnel, and designated persons until August 8, 2026, following the declaration of financial results.

3 months agoCapital Market - Live
Corporate
Corporate
Board of Sula Vineyards approves change in registered office

The board of Sula Vineyards at its meeting held on 10 June 2026 has approved sale of existing registered office premises of the company for a consideration of not less than Rs 27 crore. Consequently, the board has approved shifting to new registered office located at from 901, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069 to 201, Solaris One, Prof. N. S. Phadke Marg, Andheri East, Mumbai - 400069 with effect from 1 July 2026

4 months agoCapital Market - Live
Corporate
Corporate
Sula Vineyards to conduct AGM

Sula Vineyards announced that the 23th Annual General Meeting(AGM) of the company will be held on 25 May 2026.

5 months agoCapital Market - Live
Corporate
Corporate
Sula Vineyards AGM scheduled

Sula Vineyards announced that the 23th Annual General Meeting(AGM) of the company will be held on 25 June 2026.

5 months agoCapital Market - Live
Corporate
Corporate
Board of Sula Vineyards recommends final dividend

Sula Vineyards announced that the Board of Directors of the Company at its meeting held on 6 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

5 months agoCapital Market - Live

Frequently asked questions

  1. The share price of SULA as on 30th October 2026 is ₹125.68. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. The past returns of Sula Vineyards Ltd (SULA) share are
    • Past 1 week: -3.39%
    • Past 1 month: -5.54%
    • Past 3 months: -25.13%
    • Past 6 months: -27.81%
    • Past 1 year: -50.32%
    • Past 3 years: -73.21%
    • Past 5 years: -62.05%

  3. The current dividend yield of Sula Vineyards Ltd (SULA) is 1.59.

  4. Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Sula Vineyards Ltd (SULA) is ₹1061.33 Cr as of 30th October 2026.

  5. The 52-week high of Sula Vineyards Ltd (SULA) is ₹261.85 and the 52-week low is ₹125.30.

  6. The P/E (price-to-earnings) ratio of Sula Vineyards Ltd (SULA) is 41.38. The P/B (price-to-book) ratio is 1.81.

  7. Sula Vineyards Ltd (SULA) belongs to the Consumer Staples sector & Alcoholic Beverages sub-sector.

  8. You can directly buy Sula Vineyards Ltd (SULA) shares on Tickertape. Simply sign up, connect your demat account and place your order.