SULA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sula Vineyards has called its 23rd AGM for June 25, 2026, through video conferencing. The annual report covers FY 2025-26 performance where the company remained India's largest wine company with over 60% market share in the elite and premium segment. Own Brands grew to 86% of revenue with Elite & Premium crossing 78.4% share. The Wine Tourism business crossed the INR 100 crore milestone for the first time, reaching INR 113 crore with 21% YoY growth. Financially, the company reduced net debt to INR 280 crore and generated INR 99 crore cash from operations (up 70% YoY). The company launched its third resort (The Haven with 50 keys), increasing room capacity by 50% to 154 keys with 77% occupancy. Three new wines were added to the portfolio. The company signed an agreement to acquire Chandon's 19-acre estate in Dindori, Nashik for wine tourism expansion.
Shareholders can expect voting on standard AGM resolutions. The company shows improving fundamentals with Q4 recovery in Own Brands, strong Wine Tourism momentum, and continued deleveraging, though FY26 was a transitional year impacted by regional disruptions and softer demand.