---
title: "Sula Vineyards Ltd (SULA) — Share Price, Financials & Analysis"
symbol: "SULA"
company: "Sula Vineyards Ltd"
canonical: "https://tapetide.com/stocks/SULA"
isin: "INE142Q01026"
nse_symbol: "SULA"
bse_code: "543711"
sector: "Fast Moving Consumer Goods"
industry: "Beverages"
market_cap_cr: 1153.46
generated_at: "2026-09-13T18:58:41.807Z"
---

# Sula Vineyards Ltd (SULA)

Canonical page: https://tapetide.com/stocks/SULA

## Company

- **NSE Symbol:** SULA
- **BSE Code:** 543711
- **ISIN:** INE142Q01026
- **Sector:** Fast Moving Consumer Goods
- **Industry:** Beverages
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2022-12-22
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** sulavineyards.com

## About

Incorporated in 2003, Sula Vineyards Limited is India's largest wine producer and seller as of March 31, 2022. The company also distributes wines under a bouquet of popular brands including "RASA," "Dindori", "The source," "Satori", "Madera" & "Dia" with its flagship brand "Sula" being the "category creator" of wine in India.[1]

## Latest Price

- **Price:** ₹136.38
- **Change:** -1.9 (-1.37%)
- **Open:** ₹138
- **Day High:** ₹138.13
- **Day Low:** ₹135.75
- **Previous Close:** ₹138.28
- **Volume:** 349596
- **As Of:** 2026-09-11T09:59:54+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:49.070944Z.

- **Market Cap:** ₹1153.46 Cr
- **Classification:** Microcap
- **P/E (reported):** 47.2
- **P/E (TTM):** 46.39
- **EPS (TTM):** ₹2.94
- **EPS (reported):** ₹11.17
- **Book Value:** ₹69.56
- **Price to Book:** 1.99
- **Dividend Yield:** 1.45%
- **ROE:** 4.37%
- **ROCE:** 9.38%
- **Debt to Equity:** 0.57
- **Revenue (yearly):** ₹560.2 Cr
- **Net Income:** ₹25.6 Cr
- **EBITDA:** ₹107.8 Cr
- **52-Week High:** ₹296.8
- **52-Week Low:** ₹138.07
- **RSI (14):** 29.06

## Tapetide Score

- **Score:** 37 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 8.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 35.59 | 9% |
| growth | 24.52 | 9% |
| momentum | 22.56 | 12% |
| ownership | 18.68 | 24% |
| quality | 67.58 | 22% |
| valuation | 43.26 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has been maintaining a healthy dividend payout of 62.0%

### Weaknesses

- The company has delivered a poor sales growth of 7.57% over past five years.
- Promoter holding is low: 24.6%
- Company has a low return on equity of 11.2% over last 3 years.
- Company has high debtors of 156 days.
- Working capital days have increased from 67.9 days to 101 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 72.58% | -16.87% | 15.22% |
| ebitda margin growth | -34.93% | -26.68% | -39.69% | -29.19% |
| net income growth | -87.21% | -63.53% | -32% | 32% |
| revenue growth | -15.53% | -3.93% | 2% | 8% |
| roce | -54.57% | -44.56% | -60.42% | 18.37% |
| roe | -87.67% | -63.49% | 11.1% | -66.87% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 133.69 | 203.04 | 122.52 | 120.93 | 132.36 | 200.15 | 125.71 | 109.64 | 130.91 | 180.39 | 134.91 | 112.87 |
| Expenses | 89.49 | 131.19 | 93.06 | 86.97 | 98.76 | 147.1 | 97.25 | 91.34 | 105.45 | 148.44 | 107.17 | 96.27 |
| Operating Profit | 44.2 | 71.85 | 29.46 | 33.96 | 33.6 | 53.05 | 28.46 | 18.3 | 25.46 | 31.95 | 27.74 | 16.6 |
| OPM % | 33.06 | 35.39 | 24.05 | 28.08 | 25.39 | 26.51 | 22.64 | 16.69 | 19.45 | 17.71 | 20.56 | 14.71 |
| Other Income | 0.89 | 1.4 | 3.85 | 1.26 | 0.76 | 0.9 | 1.01 | 0.98 | 0.83 | -0.79 | 1.49 | 2.38 |
| Interest | 6.52 | 8.09 | 6.24 | 7.1 | 7.59 | 7.81 | 7.17 | 7.51 | 8.55 | 8.19 | 7.14 | 7.18 |
| Depreciation | 7.61 | 8.11 | 8.35 | 8.63 | 8.69 | 8.93 | 8.74 | 9.21 | 9.47 | 10.41 | 10.08 | 10.28 |
| Profit before tax | 30.96 | 57.05 | 18.72 | 19.49 | 18.08 | 37.21 | 13.56 | 2.56 | 8.27 | 12.56 | 12.01 | 1.52 |
| Tax % | 25.42 | 24.66 | 27.62 | 24.94 | 19.91 | 24.59 | 3.91 | 24.22 | 27.21 | 27.55 | 28.39 | 30.26 |
| Net Profit | 23.09 | 42.98 | 13.55 | 14.63 | 14.48 | 28.06 | 13.03 | 1.94 | 6.02 | 9.1 | 8.6 | 1.06 |
| EPS in Rs | 2.74 | 5.09 | 1.61 | 1.73 | 1.72 | 3.32 | 1.54 | 0.23 | 0.71 | 1.08 | 1.02 | 0.13 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 485 | 386 | 424 | 516 | 568 | 579 | 556 | 559 |
| Expenses | 432 | 322 | 311 | 358 | 392 | 430 | 452 | 457 |
| Operating Profit | 53 | 64 | 113 | 158 | 176 | 149 | 104 | 102 |
| OPM % | 11 | 17 | 27 | 31 | 31 | 26 | 19 | 18 |
| Other Income | -2 | -2 | 3 | 3 | 8 | 4 | 2 | 4 |
| Interest | 33 | 33 | 23 | 21 | 26 | 30 | 31 | 31 |
| Depreciation | 35 | 26 | 24 | 26 | 32 | 35 | 39 | 40 |
| Profit before tax | -17 | 3 | 70 | 114 | 126 | 88 | 35 | 34 |
| Tax % | -8 | 5 | 25 | 26 | 26 | 21 | 28 | — |
| Net Profit | -16 | 3 | 52 | 84 | 93 | 70 | 26 | 25 |
| EPS in Rs | -10.42 | 1.98 | 6.63 | 9.98 | 11.06 | 8.32 | 3.04 | 2.94 |
| Dividend Payout % | 0 | 126 | 36 | 84 | 77 | 43 | 66 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 15 | 15 | 16 | 17 | 17 | 17 | 17 |
| Reserves | 285 | 290 | 380 | 515 | 533 | 569 | 571 |
| Borrowings | 393 | 315 | 240 | 203 | 324 | 315 | 333 |
| Other Liabilities | 138 | 132 | 123 | 147 | 152 | 174 | 169 |
| Total Liabilities | 831 | 752 | 759 | 881 | 1026 | 1076 | 1089 |
| Fixed Assets | 355 | 318 | 361 | 413 | 454 | 495 | 512 |
| CWIP | 0 | 0 | 1 | 2 | 5 | 6 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 476 | 434 | 396 | 466 | 567 | 575 | 576 |
| Total Assets | 831 | 752 | 759 | 881 | 1026 | 1076 | 1089 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 45 | 120 | 87 | 90 | 121 | 58 | 101 |
| Cash from Investing Activity | -44 | -22 | -57 | -74 | -43 | -75 | -33 |
| Cash from Financing Activity | 33 | -94 | -61 | -9 | 2 | -74 | -67 |
| Net Cash Flow | 34 | 3 | -31 | 6 | 81 | -90 | 0 |
| Free Cash Flow | 1 | 104 | 42 | 21 | 63 | -7 | 69 |
| CFO/OP | 106 | 175 | 92 | 74 | 88 | 53 | 103 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 114 | 117 | 94 | 81 | 109 | 148 | 156 |
| Inventory Days | 334 | 404 | 764 | 775 | 924 | 877 | 609 |
| Days Payable | 161 | 164 | 318 | 356 | 390 | 374 | 290 |
| Cash Conversion Cycle | 287 | 357 | 541 | 501 | 643 | 651 | 474 |
| Working Capital Days | -2 | 3 | 52 | 85 | 8 | 95 | 101 |
| ROCE % | — | 6 | 15 | 20 | 19 | 13 | 8 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 26.27% | 26.27% | 26.18% | 25.47% | 24.66% | 24.66% | 24.66% | 24.36% | 24.35% | 24.35% | 24.55% | 24.62% |
| FIIs | 8.34% | 19.69% | 13.85% | 12.03% | 10.6% | 9.61% | 7.96% | 6.68% | 4.05% | 1.65% | 1.11% | 0.68% |
| DIIs | 17.52% | 19.56% | 22.62% | 22.23% | 21.68% | 19.89% | 18.26% | 18.24% | 18.01% | 17.78% | 17.3% | 16.22% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.79% | 20.49% | 27.03% | 30.18% | 33.02% | 36.01% | 38.7% | 40.29% | 42.25% | 44.56% | 45.3% | 47.44% |
| Others | 27.07% | 13.99% | 10.33% | 10.08% | 10.04% | 9.83% | 10.42% | 10.43% | 11.33% | 11.67% | 11.74% | 11.04% |
| No. of Shareholders | 153180 | 162109 | 210043 | 229880 | 238898 | 247695 | 261898 | 266414 | 273146 | 269331 | 261232 | 262927 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 144.84 | Sell |
| EMA (10) | 143.2 | Sell |
| SMA (20) | 145.67 | Sell |
| EMA (20) | 146.05 | Sell |
| SMA (50) | 151.16 | Sell |
| EMA (50) | 150.54 | Sell |
| SMA (100) | 156.53 | Sell |
| EMA (100) | 157.62 | Sell |
| SMA (200) | 172.69 | Sell |
| EMA (200) | 178.04 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 26.92 | Buy |
| MACD (12,26,9) | -3.33 | Sell |
| Stochastic (14,3,3) | 4.6 | Buy |
| ADX (14) | 15.71 | Neutral |
| Williams %R (14) | -95.73 | Buy |
| ATR (14) | 3.97 | Neutral |
| ROC (12) | -7.86 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 29.23 | Buy |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 33.33% |
| Hold | 2 | 66.67% |
| Sell | 0 | 0% |

Based on 3 analyst ratings, observed at 2026-09-11T04:45:49.245260+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=256bea15-de2b-48b9-8fec-3ea585b33e5e.pdf) |
| 2026-09-07 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1af3f33a-d935-47bc-a82b-a36eb753b669.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=379ae8a4-6258-444f-a619-102bab5e9f91.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09b0653e-d112-4936-970e-f95705766683.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c67e4ff-0afa-46f0-8208-22d0dace8836.pdf) |
| 2026-08-06 | [Board Meeting Outcome for Outcome Of The Board Meeting - 6Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b26be88b-ed22-4850-8ec3-f2af3c9972b7.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1dcb3378-98e7-4d65-8350-482888432890.pdf) |
| 2026-08-06 | [Intimation Of Grant Of Stock Options Under Sula Vineyards Employees Stock Option Scheme 2021 (ESOP 2021)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cccdf9e5-59c1-41bd-9724-fd733db95a89.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7cb53751-d570-4ef6-8a15-30e2d57f9ac8.pdf) |
| 2026-08-06 | [Board Comments On The Fine Levied By NSE And BSE For Non-Compliance Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7c788cb-8c03-4ed7-95e7-17f479fd9213.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=290b531a-0943-4572-bbd7-2bc6f93a617a.pdf) |
| 2026-05-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a90f3d23-9791-4cc8-899e-23e7e1d38630.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58804b66-1739-49f1-b974-bac17e97c702.pdf) |
| 2025-11-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c518d2e8-4132-4e01-9ff6-303a7f608f35.pdf) |
| 2025-08-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce0c8b82-4716-44b5-9bed-d0d70bcceae2.pdf) |
| 2025-02-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e76e640b-f894-4d6c-a065-33b81616c347.pdf) |
| 2024-11-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd1e8fa2-4894-4634-a52a-90e4e9011d5c.pdf) |
| 2024-08-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86a5affa-8e15-44dc-87ed-30999a924593.pdf) |
| 2024-05-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9793c0ab-1d4f-4d0a-b211-e4f029b0c813.pdf) |
| 2024-02-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81c50fbd-9614-4efc-a106-0c4bc1b8c922.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34b3f3db-d56b-4f8c-8d11-10565c3f20a4.pdf) |
| 2025-11-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9ae1c1f-8c58-4a23-b3db-043324f0758d.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a369474d-c150-4ae3-bac6-bdd9e3ef5757.pdf) |
| 2024-08-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03d9dd5d-7e6d-4c85-8ebb-ecaeaa55ee39.pdf) |
| 2024-05-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=563dc670-b1a3-488e-b2c2-3f572efc18ca.pdf) |
| 2024-02-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=582ab40b-3faf-45f1-9a34-5ce819a1fe6c.pdf) |
| 2023-05-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=850a1ba2-f8a2-4b6c-bae3-3f480e618d16.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-06 | [Outcome Of The Board Meeting - 6Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb9c53a3-b36e-4715-a31f-4f134acad7b0.pdf) |
| 2026-05-06 | [Outcome Of The Board Meeting - 6Th May 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=afcde77b-db48-40f5-8876-89d56d453d64.pdf) |
| 2026-02-06 | [Outcome Of The Board Meeting - 6Th February 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2454cba4-ab63-40df-b0de-e6942c04025e.pdf) |
| 2025-08-06 | [Outcome Of The Board Meeting - 6Th August 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc0ea6cb-8919-495e-9cfd-ba60b6defeba.pdf) |
| 2025-05-08 | [Outcome Of Board Meeting Held On 8Th May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0bcaa94c-8bd2-4af8-80d0-c1d8fe345fd0.pdf) |
| 2025-02-05 | [Unaudited Financial Results For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e84a00d5-3f29-4aa8-842f-fa15be673fd4.pdf) |
| 2024-11-12 | [Financial Results For The Quarter Ended 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d1ad953-00a2-491e-854c-42290395ae88.pdf) |
| 2024-08-07 | [Quarterly Results For 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71a90334-e216-4c5d-b844-c917620efb4b.pdf) |
| 2024-05-08 | [Results For Financial Year Ended 31St, March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8866b37-7ccf-4dac-b086-b003ff769aec.pdf) |
| 2024-02-13 | [Results-Financial Results For Quarter And Nine Months Ended 31/12/2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2770bfee-00c7-44d1-b4b5-f66f6982932e.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b2c56c5-1e51-4e7e-b25d-1a060af1db87.pdf) |
| 2026-05-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41a61856-0e07-41ef-89f5-adbcb3af126a.pdf) |
| 2026-02-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=806cda93-7c4f-4537-b90d-8f81a1a578bb.pdf) |
| 2025-11-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59a1b07c-f9d2-4c23-aa08-c631f2202b36.pdf) |
| 2025-11-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=796a0ca8-2a4c-480e-afab-b70fde0339bf.pdf) |
| 2025-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=177cfd70-fb00-46b9-bdd1-e54a84647844.pdf) |
| 2025-05-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c55b2f74-3168-45cb-93f4-7fadf5f3d81e.pdf) |
| 2025-02-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5cd2dc7-b4cf-4cc7-aa07-b232a5fcc93d.pdf) |
| 2024-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac7bd10b-0fdd-443f-9402-9d26b6f5ddba.pdf) |
| 2024-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1f2d530-1db4-46c3-9936-dec3fd49eb72.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59a1b07c-f9d2-4c23-aa08-c631f2202b36.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c518d2e8-4132-4e01-9ff6-303a7f608f35.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd1e8fa2-4894-4634-a52a-90e4e9011d5c.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3efeade3-08f8-4f57-980d-6f52024f66e4.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a90f3d23-9791-4cc8-899e-23e7e1d38630.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a90f3d23-9791-4cc8-899e-23e7e1d38630.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41a61856-0e07-41ef-89f5-adbcb3af126a.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c55b2f74-3168-45cb-93f4-7fadf5f3d81e.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/710d8c4f-34cb-45be-86b3-e5d60bc5efb6.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9793c0ab-1d4f-4d0a-b211-e4f029b0c813.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Earnings call audio for quarter and nine months ended 31 Dec 2025 available on website (9 Feb 2026). | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 9 Feb - Earnings call audio for quarter and nine months ended 31 Dec 2025 available on website (9 Feb 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/130eccd9-cdc6-4bb3-b445-af41bbb57e09.pdf) |
| 8h - Board approved FY26 audited results, recommended ₹2 final dividend, AGM on 25 June 2026, record date 22 May 2026. | [Intimation Of Annual General Meeting 8h - Board approved FY26 audited results, recommended ₹2 final dividend, AGM on 25 June 2026, record date 22 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fb950e31-22d6-41b7-aad9-3f629dea72be.pdf) |
| 7 May - Audio recording of earnings call held on 7 May 2026 for audited FY26 and Q4 results available. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 7 May - Audio recording of earnings call held on 7 May 2026 for audited FY26 and Q4 results available.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6701b897-da8e-4645-bc53-88816521a7ba.pdf) |
| 6 May - Sula Vineyards reported 7% Q4 FY26 revenue growth, record wine tourism, and agreement to acquire Chandon’s 19-acre estate. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 May - Sula Vineyards reported 7% Q4 FY26 revenue growth, record wine tourism, and agreement to acquire Chandon’s 19-acre estate.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a5f34231-a179-4e9f-81eb-1aef7114202d.pdf) |
| 6 Feb - On Feb 6, 2026 Sula Vineyards updated authorized persons (Samant, Kapoor, Iyer) for materiality/disclosure to exchanges. | [Announcment Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015 For Change In Authorized Persons To Determine Materiality Of Events/Information 6 Feb - On Feb 6, 2026 Sula Vineyards updated authorized persons (Samant, Kapoor, Iyer) for materiality/disclosure to exchanges.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d3a7c146-6623-4ca6-b982-7df524002838.pdf) |
| 6 Feb - Ms. Gayathri Iyer appointed Company Secretary and Compliance Officer (KMP) effective 6 February 2026. | [Appointment of Company Secretary and Compliance Officer 6 Feb - Ms. Gayathri Iyer appointed Company Secretary and Compliance Officer (KMP) effective 6 February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ab4dd6e-5ccf-4eaa-8f99-6f94af4bb519.pdf) |
| 29 Apr - Board meeting on 6 May 2026 to approve FY26 audited standalone and consolidated results; trading window closed until 8 May. | [Board Meeting Intimation for Annual Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2026 29 Apr - Board meeting on 6 May 2026 to approve FY26 audited standalone and consolidated results; trading window closed until 8 May.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2d8d7e7a-d266-4864-bde6-85d1d4e3a1b4.pdf) |
| 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results declaration. | [Closure of Trading Window 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63cbbbb1-3190-4d94-9b15-e7943b877015.pdf) |
| 25 Mar - Sula to acquire Chandon’s 19-acre Dindori estate; 4.5L scalable to 13L capacity; close by end Q1 FY27 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 25 Mar - Sula to acquire Chandon’s 19-acre Dindori estate; 4.5L scalable to 13L capacity; close by end Q1 FY27](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5d6d725-10a4-4591-9b9c-b2e933395887.pdf) |
| 25 Mar - 25 Mar 2026: Sula subsidiary signed APA to buy Domaine Chandon India assets (Dindori, Nashik) for Rs.20 Crore. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 25 Mar - 25 Mar 2026: Sula subsidiary signed APA to buy Domaine Chandon India assets (Dindori, Nashik) for Rs.20 Crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50aafbf8-9428-4418-b1e8-ebbfb04487ad.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf060875-ea91-47d4-8fad-edfd04d357fd.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f44aeb0-750a-41e5-b096-e9ad09a84fab.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9bfb1280-de2c-49ae-9941-9f586949b36d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c39a01ef-7f44-427e-bd14-16036d9ad5a2.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:41.807Z.
