BSEFratelli Vineyards LtdMediumNeutral
Announced Mon, 1 Jun · 18:43 IST

Pursuant to Regulation 30 of SEBI (LODR), Regulations, 2015, pls find enclosed herewith investor and earnings presentation of Fratelli Vineyards Limited for Q$FY26.

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹82.29
prior close
₹82.34
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AI summary

Fratelli Vineyards reported FY26 revenue of Rs 184.1 crore, up only ~1% YoY from Rs 181.9 crore due to regulatory disruptions in Telangana, Maharashtra, and Uttarakhand in H1, but Q4 FY26 revenue jumped 13% to Rs 36.3 crore. EBITDA improved sharply to Rs 1.06 crore from Rs 0.23 crore on cost discipline, yet the company posted a net loss of Rs 15.8 crore due to higher finance and depreciation costs from capacity expansion. The luxury segment grew 15% led by flagship J'noon (+44%) and Sette (+5%), while the newly launched Shotgun RTD captured ~6% of the ~Rs 500 crore wine RTD market. Export revenue doubled with presence in 15 countries, and the company outlined a Vision 2030 targeting Rs 500+ crore revenue and 20%+ EBITDA margins by FY30.

Likely market impact

Although FY26 remained loss-making at the bottom line, the Q4 recovery and explicit margin-expansion roadmap offer a constructive medium-term story for shareholders. Investors should monitor execution of premiumisation, RTD scale-up, and the planned hospitality venture (Rs 70-80 crore capex) given the still-weak profitability and rising finance costs.