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Sula Vineyards Ltd share Price Today

Company details

511.40
519.95
435.55
699.00
6M Return 9.29%
1Y Return 14.22%
Mkt Cap.(Cr) 4,330.99
Volume 209,034
Div Yield 1.66%
OI
-
OI Chg %
-
Volume 209,034

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Brewries & Distilleries company Sula Vineyards announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Net Revenue at Rs 135.6 crore, up by 12.1% YoY
  • Revenue from Elite & Premium wines led the overall growth, with 14.3% YoY growth
  • EBITDA at Rs 33.3 crore, 5.0% YoY
  • EBITDA margin 114bps to 25.3% from 26.4% YoY
  • PAT at Rs 13.6 crore, down by 4.9% YoY

FY24 Financial Highlights:

  • Net Revenue at Rs 616.4 crore, up by 10.7% YoY
  • Revenue from Elite & Premium wines led the overall growth with 15.5% YoY growth
  • EBITDA at 183.6 crore, up by 14.0% YoY
  • EBITDA margin 108bps to 30.2% from 29.1% YoY
  • PAT at Rs 93.3 crore, up by 11% YoY
  • ROCE at 25.2%, up by 221 bps
  • The Board has recommended a final dividend of Rs 4.5 per share, taking the total FY24 dividend to Rs 8.5 per share

Rajeev Samant, CEO of the company, said "We are pleased to report an all-time high quarterly and full year revenue.

Our premiumization efforts have succeeded in raising our Elite and Premium wine share to an all-time high of 75.1% in Q4, up from 71.7% a year ago. Our Elite and Premium wines achieved 15.5% growth this year, contributing to an over 110 bps increase in our EBITDA margin to an all-time high in FY24.

Our wine tourism revenues grew in double digits, for the fifth quarter in a row. Wine tourism is a top priority and we are expanding fast. Last week we opened Milestone Cellars by Sula, our first standalone Tasting Room/Wine Bar outside our own winery campuses, located a stone’s throw from Nashik airport.

We have also signed a new resort next to our York Winery slated to open in mid-2025, which will be our first with convention facilities. We are pleased to announce the completion of ND wines acquisition in record time. ND wines is now a part of Sula and the site has tremendous wine tourism potential and work is about to begin on expanding the current 120sq ft bottle shop to a 3,600 sq ft wine tourism destination less than 50 km from the Gujarat border.

All these projects, and more to come, will ensure that Sula remains firmly in the forefront of wine tourism in India.

A great harvest, booming wine tourism, and growing consumer preference for our premium Indian wines point to a sunny road ahead for Sula! "

Result PDF

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Sula Vineyards Ltd shares SWOT Analysis

Strengths (8)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (0)

Data not found

Opportunity (0)

Data not found

Threats (4)

  • Promoter decreasing their shareholding
  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 518.3
R2 523.4
R3 526.8
Pivot

514.83

S1 509.7
S2 506.3
S3 501.2
EMA SMA
511.7
521.8
529.3
513.1
506.3
526.6
553.2
523.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
THE JUPITER GLOBAL FUND-JUPITER INDIA SELECT Block Purchase 2024-02-27 557.2 362311 BSE
JUPITER SOUTH ASIA INVESTMENT COMPANY LIMITED Block Sell 2024-02-27 557.2 362311 BSE
F3 ADVISORS PRIVATE LIMITED Bulk Purchase 2024-02-19 576.77 942861 NSE
Name Category Shares
MIA SAMANT PROMOTER 1.29%
RAJEEV SURESH SAMANT PROMOTER 24.89%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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Debt/Equity
P BV

Sula Vineyards Ltd Stocks COMPARISON

Financials( in Cr) Sula Vineyards Ltd United Spirits Ltd United Breweries Ltd Radico Khaitan Ltd Piccadily Agro Industries Ltd
Price 513.15 1,269.00 2,109.10 1,722.45 775.25
% Change -0.63 -0.51 -0.43 -0.21 -1.36
Mcap Cr 4,330.99 92,300.84 55,765.66 23,031.74 7,313.63
Revenue TTM Cr 567.73 10,611.60 7,499.92 3,142.81 608.89
Net Profit TTM Cr 93.31 1,125.80 304.68 204.37 23.30
PE TTM 46.69 64.90 136.04 87.89 83.45
1 Year Return 14.22 42.03 43.88 43.13 999.65
ROCE 18.86 17.41 10.58 11.40 12.44
ROE 17.25 15.21 7.71 9.65 10.64
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 550.00 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,317.57 -2,589.17
LAST 3M 111,725.82 -36,230.77
LAST 6M 182,653.52 -16,910.03
LAST 12M 290,144.87 98,834.05

Sula Vineyards Ltd Information

Stock PE (TTM)
46.69
Promoter Holding
26.18%
Book Value
65.1761
ROCE
18.86%
ROE
17.25%
Description
  • Sula Vineyards Limited was originally incorporated as a Public Company under the name "Nashik Vintners Limited" issued by the Registrar of Companies, Mumbai on February 26, 2003. Subsequently, name of Company changed to "Sula Vineyards Private Limited", pursuant to a Certificate of Incorporation issued by the RoC on August 11, 2014. On the conversion of Company to a Public Limited, pursuant to a Resolution passed by Shareholders on December 27, 2021, name was changed to "Sula Vineyards Limited" issued by the RoC on February 11, 2022. Promoted by Mr. Rajeev Samant, the Company is India`s largest wine producer and seller and a consistent market leader in the Indian wine industry. The business is classified under two categories, viz production of wine, import of wines and spirits, and distribution of wines and spirits and operation of wine tourism, including vineyard resorts and tasting room. Additionally, it also import and distribute 21 international labels, including 18 wine labels, 2 vodka label sand 1 brandy label. In 2005, the Company launched India`s first wine tasting room at their winery in Nashik. In 2008, it launched "SulaFest", India`s first wine themed music festival at the plant in Nashik. It opened the country`s first vineyard resort. In 2015, it acquired 50% of share capital of Remy Sula India Private Limited. Artisan Spirits Private Limited (ASPL) was formed as a wholly owned subsidiary of Company. In 2017, the Company acquired winery business unit of Heritage Grape Winery Private Limited (HGWPL) as a going concern on a slump sale basis. In 2018, it acquired 51% of the paid-up share capital of Progressive Alcobev Distributors Private Limited (PADPL), a subsidiary of Company. In 2020, the Company launched `Dia`, India`s first wine-in-a-cane. In 2021, the Company`s subsidiary, Artisan Spirits Private Limited (ASPL) acquired the winery unit business of York Winery Private Limited. It divested entire stake from PADPL, aggregating to 51% of its paid-up share capital. In 2022, Sula International Limited, an erstwhile subsidiary company incorporated in U.K. was voluntarily dissolved with effect from April 26, 2022. The Company offered 56 labels to choose from a portfolio of 13 distinct brands as of September 30, 2022. The Company came out with a Public Issue during December, 2022 through Offer for Sale amounting to Rs. 960.35 crores.

No Data Found

AGM Date (Month) : Jun
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 543711
NSE Code : SULA
Book Closure Date (Month) :
BSE Group : A
ISIN : INE142Q01026

FAQ’s on Sula Vineyards Ltd Shares

You can buy Sula Vineyards Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sula Vineyards Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of Sula Vineyards Ltd was Rs.513.15.

The latest PE ratio of Sula Vineyards Ltd as of Jun 14, 2024 03:59 PM is 46.69

The latest PB ratio of Sula Vineyards Ltd as of Jun 14, 2024 03:59 PM is 0.13

The 52-week high of Sula Vineyards Ltd share price is Rs. 699.00 while the 52-week low is Rs. 435.55

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:59 PM, the market cap of Sula Vineyards Ltd stood at Rs. 4,330.99.

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