| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 118.29 | 11.1% |
| Total Income | 119.27 | 11.1% |
| Expenditure | 116.71 | 3.2% |
| PBT | 2.56 | 81.1% |
| Net Profit | 1.94 | 85.1% |
| OPM | 15.47% | 5.91pp |
| NPM | 1.63% | 8.09pp |
| EPS | 0.23 | 85.2% |
Sula Vineyards Reports Stable Q1FY26 Revenue, Wine Tourism Soars with 22% YoY Growth
06 Aug 2025 · 6 Aug 2025, 06:22 pm
Summary
Sula Vineyards, India’s largest wine producer, announced Q1 FY26 Results. Q1 FY26 Revenue from Operations remained stable with a 0.2% YoY growth. The share of Elite & Premium increased to 74.7% in Q1 FY26. Wine Tourism revenue grew by 22.0% YoY, driven by increased footfalls, highest-ever resort occupancy, and spends per guest. The company is set to open new projects and launch new products, aiming for healthy operating profit growth for the rest of FY26.
Key Highlights
- 1
Q1 FY26 Revenue from Operations remained stable with a 0.2% YoY growth
- 2
Share of Elite & Premium increased to 74.7% in Q1 FY26
- 3
Highest-ever Wine Tourism revenue of 13.7 Cr in Q1 FY26; 22.0% YoY Growth in Wine Tourism
- 4
New wine tourism offering — Dindori Tasting Room & Bottle Shop at ND wines, near the Gujarat border is now open
- 5
Launch of India’s first aromatic low-alcohol still Muscat wine - Sula Muscat Blanc
- 6
Aiming for healthy operating profit growth for the rest of FY26
Management Comments
Mr. Rajeev Samant
We reported steady revenue from operations in Q1 FY26, excluding the one-time WIPS gain recorded in Q1 FY25. Own Brands growth was muted due to continued urban demand softness, and a lower trade placement of wine in June’25 in Maharashtra. However, states such as West Bengal, Goa, UP, Rajasthan, among others recording healthy double-digit growth. In terms of portfolio mix, share of Elite & Premium increased 300+ bps YoY to 74.7% with The Source and RASA continuing to see strong traction. Wine Tourism remains a bright spot, growing 22% YoY led by higher footfalls, record Q1 occupancy and spend per guest.
Informational and educational content only. Not investment advice.