Sula Vineyards Limited has informed the Exchange about Investor Presentation

Sula Vineyards filed its Q1 FY26 investor presentation with the exchanges. Revenue from Operations stood at Rs. 118.3 Cr, down 7.9% YoY (essentially flat at +0.2% YoY excluding a one-time WIPS unwinding benefit of Rs. 10.4 Cr booked in Q1 FY25). Own Brands sales were Rs. 102.3 Cr (down 10.8% YoY, or -1.8% excluding the WIPS benefit), while Wine Tourism posted a record quarter at Rs. 13.7 Cr, up 22% YoY on higher footfalls and occupancy of 82%. Operating EBITDA fell 46.1% YoY (or -22.1% excluding the WIPS benefit) to Rs. 18.3 Cr, with margins contracting ~1,096 bps YoY due to urban demand softness, a Maharashtra excise duty hike on spirits that disrupted June wine placements, and a change in wine tourism sourcing model that lifted COGS by 500 bps. The company guided to delivering healthy operating profit growth for the remainder of FY26 and outlined a 3-year (FY25-FY28) target of accelerating earnings growth with improved EBITDA margins and capital efficiency.