as attached
SULA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sula Vineyards reported a significant decline in FY2026 performance with consolidated revenue falling 3.7% to Rs 596.19 crore from Rs 619.38 crore. More sharply, net profit collapsed by 63% to Rs 25.65 crore versus Rs 70.20 crore in the previous year. EPS dropped from Rs 8.32 to Rs 3.04. The Board recommended a lower dividend of Rs 2 per share (100%) compared to Rs 3.6 per share (180%) last year. Exceptional items include Rs 1.82 crore impairment of brands (consolidated) and Rs 8.11 crore impairment of subsidiary investment (standalone). The company received an unmodified audit opinion from Walker Chandiok & Co LLP, indicating clean financials with no going concern or qualified opinion issues.
The sharp decline in profitability despite stable revenue suggests margin compression and operational challenges. Investors should note the significantly reduced dividend and the substantial PAT decline, which could negatively impact the stock price in the near term.