Announced Wed, 6 May · 18:49 IST

as attached

Revenue DeclinePat NegativeExceptional ItemResults View source PDF

SULA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.3%1-day move

₹173.50

prior close

₹172.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.5+0.3+0.2-1.1+3.3+0.1-4.3-5.0-6.1-8.9-9.5-11.3-12.9—

Up moveDown movePending

AI summary

Sula Vineyards reported a decline in FY2026 consolidated revenue at Rs 596.19 crore compared to Rs 619.38 crore in FY2025. Net profit dropped significantly to Rs 25.65 crore from Rs 70.20 crore in the previous year. On a standalone basis, revenue fell to Rs 500.44 crore from Rs 526.87 crore, with net profit plummeting to just Rs 3.10 crore from Rs 33.40 crore. The Board recommended a final dividend of Rs 2 per share (100%), down from Rs 3.6 per share (180%) in the previous year. Exceptional items included impairment losses of Rs 1.82 crore on intangible assets (consolidated) and Rs 8.11 crore on subsidiary investment (standalone). Statutory auditors Walker Chandiok & Co LLP issued an unmodified opinion, confirming clean financial statements.

Likely market impact

The sharp decline in profitability and reduced dividend payout signal a challenging year for Sula Vineyards. Shareholders may face pressure on returns, though the clean audit provides some comfort regarding financial reporting integrity.