SULA

Sula Vineyards Ltd.

NSE: SULA

BSE: 543711

Sector: Fast Moving Consumer Goods

Industry Group: Beverages

Industry: Breweries & Distilleries

136.38+3.8 (+2.88%)

14 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

42.9 / 100

Value Score

65.7 / 100

Price Momentum Score

8.3 / 100

QVM Score

24.3 / 100

Key Metrics

Market Cap

1151.69

P/E (TTM)

44.90

P/B

1.95

P/S (TTM)

2.07

EV/EBITDA

14.15

CAPE (5Y)

17.58

ROE (TTM)

4.36

ROCE (TTM)

7.15

ROA (TTM)

2.36

Avg 3Y ROE

11.32

Earnings 3Y CAGR

-33.18

Sales 3Y CAGR

2.49

Sales 5Y CAGR

7.57

Debt/Equity

0.56

Consensus TP

202.50

Strong Buy %

Promoter Holding

24.62

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Sula Vineyards Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.56 as on 30 Jun 2026 and Debt to Equity increased marginally by 0.02 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 79.1 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

79.1 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 3 financial years

What is Dividend streak?

Negative

Expensive and at same valuation levels as industry median P/E

PE TTM of 44.9 indicates that the stock is expensive on a standalone basis. Discount to industry median P/E is modest at 0.0%

What is P/E Ratio?

Median: 44.9

Value 44.9

5.28649.14

Weak price momentum

Price Momentum score of 8.3 indicates that the stock has weak price momentum. Research has shown that stocks with lower momentum continue to underperform in the near term

What is Price Momentum score?

8.3 / 100

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -22.2% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low and declining ROE

The company reported low ROE of 4.36% for 12-month ended 30 Jun 2026 and ROE declined by -800 bps from 1 year ago

What is ROE (FY)?

Moderate operating margin but declining trend

The company reported moderate operating margin of 11.74% for 12-month ended 30 Jun 2026 but operating margin declined by -548 bps from 1 year ago

What is Operating profit margin?

Low revenue growth and lower than median growth of industry

The company delivered moderate revenue growth of -4.02% for 12-month ended 30 Jun 2026 and the growth was 3.06 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: -0.96

Value -4.02

-93.199.8

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -63.49% for 12-month ended 30 Jun 2026 and the growth was 37.73 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Neutral

Moderate dividend yield

The company has a moderate dividend yield of 2.64%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Sula Vineyards Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Sula Vineyards Ltd. Shareholding Pattern

Quarterly breakdown of Sula Vineyards Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2013	Aug 2013	Sep 2015	Sep 2016	Sep 2017	Sep 2018	Sep 2019	Mar 2020	Mar 2021	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total Promoter	56.30	56.30	32.53	32.51	32.51	33.76	32.53	32.67	23.96	27.33	27.33	27.27	26.27	26.27	26.18	25.47	24.66	24.66	24.66	24.36	24.35	24.35	24.55	24.62	24.62
Indian Promoter	0.00	0.00	32.53	32.51	32.51	33.76	32.53	32.67	23.96	27.33	27.33	27.27	1.29	1.29	1.29	-	-	-	-	-	-	-	-	-	-
Foreign Promoter	56.30	56.30	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	24.98	24.98	24.89	25.47	24.66	24.66	24.66	24.35	24.35	24.35	24.55	24.62	24.62
Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	16.27	17.62	17.01	38.14	39.25	36.47	34.26	32.28	29.50	26.22	24.92	22.05	19.42	18.41	16.90	15.32
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5.48	8.13	8.97	16.46	17.94	20.03	19.64	19.36	18.02	18.04	18.18	17.94	17.74	17.27	16.22	14.94
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.36	3.63	1.26	1.06	1.61	2.35	2.35	2.32	1.82	0.16	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.42	5.86	6.78	20.61	19.69	13.85	12.03	10.60	9.61	7.97	6.68	4.05	1.65	1.11	0.68	0.35
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.00	0.00	0.00	0.01	0.23	0.24	0.00	0.05	0.05	0.06	0.06	0.03	0.03	0.00	0.03
Non-Institution	43.70	43.70	67.47	67.49	67.49	66.24	67.47	67.33	76.04	56.40	55.06	55.72	35.59	34.48	37.36	40.27	43.06	45.84	49.12	50.72	53.59	56.23	57.04	58.48	60.06
Bodies Corporate	0.00	0.00	35.72	62.60	62.58	0.00	0.00	0.00	0.00	0.81	1.39	1.21	1.29	1.45	2.72	2.57	2.77	2.92	3.28	3.23	3.90	4.20	4.57	3.92	3.68
Others (incl. Retail) No. of shareholders	43.70 0	43.70 0	31.75 9	4.89 0	4.91 0	66.24 0	67.47 0	67.33 0	76.04 0	55.59 2,08,023	53.67 1,51,718	54.51 1,33,655	34.30 1,52,844	33.03 1,61,706	34.64 2,09,455	37.70 2,29,294	40.29 2,38,271	42.92 2,47,082	45.84 2,61,300	47.49 2,65,818	49.69 2,72,533	52.03 2,68,761	52.47 2,60,715	54.56 2,62,436	56.38 2,60,259

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Breweries & Distilleries	4.61%	9 / 11

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Sula Vineyards Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Trambak Oturkar Designated Person	December-2022	Market Sale (Disposal) 30th Dec 2022	0.03 %	₹ 330.43	14.00 k	₹ 46.26 lac
Chaitanya Rathi Designated Person	December-2022	Market Sale (Disposal) 29th Dec 2022	1.18 %	₹ 326.57	60.00 k	₹ 1.96 cr
Dhananjay Jadhav Designated Person	December-2022	Market Sale (Disposal) 29th Dec 2022	0.00 %	₹ 314.67	7.50 k	₹ 23.60 lac
Gorakh Gaikwad Designated Person	December-2022	Market Sale (Disposal) 29th Dec 2022	0.03 %	₹ 335.00	2.50 k	₹ 8.38 lac
Gorakh Gaikwad Designated Person	December-2022	Market Sale (Disposal) 29th Dec 2022	0.03 %	₹ 345.00	4.50 k	₹ 15.53 lac
Monit Dhavale Designated Person	December-2022	Market Sale (Disposal) 29th Dec 2022	0.13 %	₹ 323.33	11.37 k	₹ 36.77 lac
Bittu Varghese Designated Person	December-2022	Market Sale (Disposal) 27th Dec 2022	0.22 %	₹ 338.16	4.00 k	₹ 13.53 lac
Juilee Chaudhari Designated Person	December-2022	Market Sale (Disposal) 27th Dec 2022	0.00 %	₹ 334.00	700.00	₹ 2.34 lac
Juilee Chaudhari Designated Person	December-2022	Market Sale (Disposal) 27th Dec 2022	0.00 %	₹ 327.30	1.03 k	₹ 3.38 lac
Juilee Chaudhari Designated Person	December-2022	Market Sale (Disposal) 27th Dec 2022	0.00 %	₹ 343.00	250.00	₹ 85.75 k

Corporate Actions

History of Sula Vineyards Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 2/share
Record date: 22nd May 2026Ex-date: 22nd May 2026
Announced on: 6th May 2026
Dividend₹ 3.60/share
Record date: 23rd May 2025Ex-date: 23rd May 2025
Announced on: 8th May 2025
Dividend₹ 4.50/share
Record date: 22nd May 2024Ex-date: 22nd May 2024
Announced on: 29th Apr 2024
Dividend₹ 4/share
Record date: 21st Feb 2024Ex-date: 21st Feb 2024
Announced on: 6th Feb 2024
Dividend₹ 5.25/share
Record date: 15th May 2023Ex-date: 15th May 2023
Announced on: 3rd May 2023

Company Profile

Overview of Sula Vineyards Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Sula Vineyards Limited is an India-based wine producer, which is engaged in the business of manufacture, purchase and sale of wine and other alcoholic beverages. The Company operates under two categories of business: wine business and wine tourism. Its wine business is engaged in the production of w...

Key personnel

Ms. Rinku More

Chief Financial Officer

Mr. Gorakh Gaikwad

Chief Operating Officer

Mr. Neeraj Sharma

Senior Vice President of Sales

Mr. Monit Dhavale

Senior Vice President - Hospitality Business

Ms. Gayathri S. Iyer

Compliance Officer, Company Secretary

Mr. Mandar Kapse

Investor Relation

Mr. Alok VajpeyiD

Independent Non-Executive Chairman of the Board

Mr. Rajeev SamantD

Chief Executive Officer, Managing Director, Executive Director

View all

Incorporated on

26 Feb 2003

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

725

IPO date

22 Dec 2022

Free Float

6,04,82,393

Website

https://sulavineyards.com

Phone no.

+919970090010

Address

201 A Solaris One N.S. Phadke Marg, Andheri (E), MUMBAI, 400069, India

Frequently Asked Questions

What is the current share price of Sula Vineyards Ltd.?

The current share price of Sula Vineyards Ltd. is ₹ 136.38 as of 14 Oct 2026.

What is the market capitalisation of Sula Vineyards Ltd.?

The market capitalisation of Sula Vineyards Ltd. stands at ₹ 1,151.69 Cr.

What is the PE ratio of Sula Vineyards Ltd.?

The Price-to-Earnings (PE) ratio of Sula Vineyards Ltd. is 44.90 as of the latest trailing twelve months data.

What is the ROE and ROCE of Sula Vineyards Ltd.?

Sula Vineyards Ltd. has a Return on Equity (ROE) of 4.36% and a Return on Capital Employed (ROCE) of 7.15% as per the latest financial reports.

What is the 52-week high and low of Sula Vineyards Ltd.?

The 52-week high of Sula Vineyards Ltd. is - and the 52-week low is -.

What is the dividend yield of Sula Vineyards Ltd.?

The dividend yield of Sula Vineyards Ltd. is 2.64% based on the current market price.

What is the FII and DII holding in Sula Vineyards Ltd.?

Foreign Institutional Investors (FII) hold 0.35%, Domestic Institutional Investors (DII) hold 14.94% and retail/public investors hold 56.38% of Sula Vineyards Ltd. shares.

What sector does Sula Vineyards Ltd. belong to?

Sula Vineyards Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Sula Vineyards Ltd.?

The beta of Sula Vineyards Ltd. is 1.17, indicating its price volatility relative to the broader market. Over the past 1 year, Sula Vineyards Ltd. has delivered an absolute return of -48.36%.

What is the RSI of Sula Vineyards Ltd.?

The 14-day Relative Strength Index (RSI) of Sula Vineyards Ltd. is 49.86, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Sula Vineyards Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Sula Vineyards Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Holdings and Presence

Company Profile

Stock Analysis

Corporate Actions