Sula Vineyards Limited (SULA) — Financial Results | 13 May 2026

Sula Vineyards reported Q4 FY26 revenue of INR 142 crores, up 7% YoY, driven by strong Wine Tourism growth of 17% YoY to INR 110 crores and own brands growth exceeding 35% in the quarter. Full-year revenue declined 2% to INR 596 crores due to softness in core wine brands, though Wine Tourism grew 20% YoY. EBITDA fell 25% YoY to INR 99 crores net cash from operations, while renewable energy usage reached 75% (targeting 80%+). The company plans to open a new retail store in Q1 FY27 and finalize Chandon's 19-acre estate acquisition by H1 FY27, focusing on organic growth in premium segments and Wine Tourism expansion.