About Sula Vineyards Limited
Data last updated: 14 July 2026
Sula Vineyards Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in alcoholic beverage manufacturing and distribution, a part of the broader food and beverages sector. Incorporated on 26 February 2003, the company has been in operation for over 23 years.
Registered with ROC Mumbai under CIN L15549MH2003PLC139352. Listed on BSE: 543711.
Capital: an authorised share capital of ₹20.21 Cr and a paid-up capital of ₹16.89 Cr. Formerly known as Nashik Vintners Private Limited and Sula Vineyards Private Limited. It is led by directors including Chetan Rameshchandra Desai and Alok Sureshchandra Vajpeyi.
Last AGM: 26 June 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹596.19 Cr, a decline of 3.74% compared to the previous year. The net worth stands at ₹587.4 Cr (up 0.19% YoY). Total assets are valued at ₹1,095.52 Cr (up 1.38% YoY).
The company has a workforce of approximately 762 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Sula Vineyards. As per MCA filings, the company has open charges of ₹744.33 Cr and satisfied charges of ₹342.54 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sulavineyards.com.
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Registered Address901 Solaris One N.S. Phadke Marg, Andheri (E), Mumbai, Maharashtra, India – 400069
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IndustryFood and Beverages, Alcoholic Beverage Manufacturing & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Sula Vineyards Limited
Sula Vineyards Limited has undergone 3 name changes throughout its history. The company was previously known as Nashik Vintners Private Limited, Sula Vineyards Private Limited, and Nashik Vintners Limited. The current legal name is Sula Vineyards Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sula Vineyards Limited | Current |
| Nashik Vintners Private Limited | Previous |
| Sula Vineyards Private Limited | Previous |
| Nashik Vintners Limited | Previous |
CIN History of Sula Vineyards Limited
Sula Vineyards Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15549MH2003PLC139352, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15549MH2003PLC139352 | Current |
| U15549MH2003PLC139352 | Previous |
| U15549MH2003PTC139352 | Previous |
Associated Brands with Sula Vineyards Limited
Sula Vineyards Limited operates one associated brand: Sula Vineyards. These brands represent Sula Vineyards Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Vineyard that produces and sells wine, offers hospitality and wine courses | sulavineyards.com |
Competitors & Alternatives of Sula Vineyards Limited
Brands and companies operating in the same space as Sula Vineyards Limited include Grover Zampa, RIO Fizzy Wine, Beringer and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Producer of various wine selections, providing vineyard tours and wine tasting | Mumbai, India, India | 1988 |
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Manufactures and sells fizzy wines, spritzers, and port wines to consumers. | Mumbai, India, India | 2017 |
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Premium wines are produced and retailed by Beringer. | Napa, United States, United States | 1875 |
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Canned and bottled food products are distributed to hospitality businesses. | Mumbai, India, India | 2002 |
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Produces premium wines and provides vineyard tours in Bangalore. | Vijayapura, India, India | 2008 |
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A premier brand specializing in high-quality wines. | Nashik, India, India | 1959 |
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Elite Winery is a premier brand specializing in high-quality wines. | Bagalkot, India, India | 2021 |
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Specializes in producing and selling sparkling wines affordably in India. | Mumbai, India, India | 2009 |
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Wines are retailed by Ronin Wines in Pune, India. | Pune, India, India | 2016 |
Business Activity of Sula Vineyards Limited
Sula Vineyards Limited is engaged in multiple principal business activities such as manufacturing, trade, and accommodation and food service, with detailed activities including food, beverages and tobacco products, wholesale trading, accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
Business activity turnover details for Sula Vineyards Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Sula Vineyards Limited
Sula Vineyards Limited is audited by Walker Chandiok & Co LLP (ICAI peer reviewed, certificate valid till 2028-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Walker Chandiok & Co LLP (ICAI peer reviewed, certificate valid till 2028-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Sula Vineyards Limited
Sula Vineyards Limited is currently managed by 7 directors, with 23 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Rameshchandra Desai | Director | 01 Jun 2018 | 8 Years 2 Months | Current |
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Alok Sureshchandra Vajpeyi
Also directs:
Sula Vineyards Limited, Conscious Food Private Limited, Av Advisory Private Limited and 2 more
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Director | 02 Dec 2020 | 5 Years 8 Months | Current |
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Sangeeta Tanwani
Also directs:
Sula Vineyards Limited, Aditya Birla Fashion And Retail Limited, International Gemological Institute Limited and 3 more
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Director | 15 Dec 2021 | 4 Years 7 Months | Current |
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Rajeev Samant
Also directs:
Sula Vineyards Limited, Ravenna Fashion Private Limited
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Managing Director | 26 Feb 2003 | 23 Years 5 Months | Current |
| Anant S Iyer | Director | 12 Nov 2024 | 1 Years 9 Months | Current |
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Deepak Ishwardas Shahdadpuri
Also directs:
Sula Vineyards Limited, Vrb Consumer Products Private Limited, Drums Food International Private Limited and 5 more
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Director | 04 Apr 2024 | 2 Years 4 Months | Current |
Financials of Sula Vineyards Limited FY 2026 filings available
Sula Vineyards Limited reported revenue of ₹596.19 Cr (down 3.74% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹596.19 Cr | ₹619.38 Cr | ₹608.65 Cr | ₹553.24 Cr |
| Other Income | ₹4.33 Cr | ₹3.93 Cr | ₹7.72 Cr | ₹3.49 Cr |
| Total Income | ₹600.52 Cr | ₹623.31 Cr | ₹616.37 Cr | ₹556.73 Cr |
| Cost of Materials Consumed | ₹110.23 Cr | ₹121.48 Cr | ₹133.85 Cr | ₹120.45 Cr |
| Purchases of Stock-in-Trade | ₹41.54 Cr | ₹30.02 Cr | ₹17.28 Cr | ₹21.14 Cr |
| Changes in Inventories | ₹15.04 Cr | -₹13.53 Cr | -₹17.28 Cr | -₹8.47 Cr |
| Employee Benefit Expense | ₹91.71 Cr | ₹93.82 Cr | ₹86.95 Cr | ₹77.46 Cr |
| Finance Costs | ₹31.39 Cr | ₹29.67 Cr | ₹26.16 Cr | ₹21.08 Cr |
| Depreciation & Amortisation | ₹39.17 Cr | ₹34.99 Cr | ₹31.63 Cr | ₹25.89 Cr |
| Other Expenses | ₹234.23 Cr | ₹238.52 Cr | ₹212 Cr | ₹185.19 Cr |
| Total Expenses | ₹563.31 Cr | ₹534.97 Cr | ₹490.59 Cr | ₹442.75 Cr |
| Profit Before Exceptional Items & Tax | ₹37.21 Cr | ₹88.34 Cr | ₹125.78 Cr | ₹113.98 Cr |
| Exceptional Items | -₹1.82 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹35.39 Cr | ₹88.34 Cr | ₹125.78 Cr | ₹113.98 Cr |
| Total Tax Expense | ₹9.74 Cr | ₹18.14 Cr | ₹32.47 Cr | ₹29.94 Cr |
| Net Profit | ₹25.65 Cr | ₹70.2 Cr | ₹93.31 Cr | ₹84.03 Cr |
| attributable to Owners | ₹25.65 Cr | ₹70.2 Cr | - | ₹84.03 Cr |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 |
| Other Comprehensive Income | ₹1.94 Cr | ₹10 Lakh | -₹66 Lakh | ₹80.6 Lakh |
| Total Comprehensive Income | ₹27.59 Cr | ₹70.3 Cr | ₹92.65 Cr | ₹84.84 Cr |
| EBITDA (computed) | ₹107.77 Cr | ₹153 Cr | ₹183.57 Cr | ₹160.95 Cr |
| Basic EPS | ₹3.04 | ₹8.32 | ₹11.06 | ₹10.19 |
| Diluted EPS | ₹3.04 | ₹8.32 | ₹11.05 | ₹10.19 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,095.52 Cr | ₹1,080.57 Cr | ₹1,026.35 Cr | ₹881.37 Cr |
| Non-current Assets | ₹548.62 Cr | ₹536.93 Cr | ₹524.08 Cr | ₹456.9 Cr |
| Current Assets | ₹546.9 Cr | ₹543.64 Cr | ₹502.27 Cr | ₹424.47 Cr |
| Property, Plant & Equipment | ₹507.66 Cr | ₹488.18 Cr | ₹448.2 Cr | ₹406.35 Cr |
| Inventories | ₹200.91 Cr | ₹216.07 Cr | ₹197.84 Cr | ₹178.86 Cr |
| Trade Receivables | ₹237.19 Cr | ₹234.41 Cr | ₹169.6 Cr | ₹114.54 Cr |
| Cash & Equivalents | ₹7.19 Cr | ₹7.22 Cr | ₹97.19 Cr | ₹16.37 Cr |
| Equity (Net Worth) | ₹587.4 Cr | ₹586.27 Cr | ₹550 Cr | ₹532.05 Cr |
| Equity Share Capital | ₹16.89 Cr | ₹16.88 Cr | ₹16.88 Cr | ₹16.85 Cr |
| Borrowings (Non-current) | ₹56.63 Cr | ₹67.66 Cr | ₹51.8 Cr | ₹54.28 Cr |
| Borrowings (Current) | ₹237.44 Cr | ₹229.45 Cr | ₹247.83 Cr | ₹137.48 Cr |
| Total Debt (computed) | ₹294.07 Cr | ₹297.11 Cr | ₹299.63 Cr | ₹191.76 Cr |
| Current Liabilities | ₹383.78 Cr | ₹383.23 Cr | ₹385.14 Cr | ₹271.09 Cr |
| Total Liabilities | ₹508.12 Cr | ₹494.3 Cr | ₹476.35 Cr | ₹349.33 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹100.75 Cr | ₹58.38 Cr | ₹121.19 Cr | ₹88.27 Cr |
| Investing Cash Flow | -₹33.32 Cr | -₹74.81 Cr | -₹42.85 Cr | -₹72.72 Cr |
| Financing Cash Flow | -₹67.46 Cr | -₹73.54 Cr | ₹2.48 Cr | -₹9.38 Cr |
| Capital Expenditure | ₹32.21 Cr | ₹67.48 Cr | ₹59.31 Cr | ₹69.1 Cr |
| Free Cash Flow (computed) | ₹68.54 Cr | -₹9.1 Cr | ₹61.88 Cr | ₹19.17 Cr |
| Dividends Paid | ₹30.7 Cr | ₹37.56 Cr | ₹78.01 Cr | ₹45.41 Cr |
| Net Change in Cash | -₹3 Lakh | -₹89.97 Cr | ₹80.82 Cr | ₹6.17 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹142.56 Cr | ₹195.68 Cr | ₹139.66 Cr | ₹118.29 Cr | ₹133.09 Cr | ₹216.64 Cr | ₹141.21 Cr | ₹128.44 Cr | ₹131.7 Cr | ₹217.54 Cr | ₹142.83 Cr | ₹116.59 Cr |
| Other Income | ₹1.61 Cr | ₹91 Lakh | ₹83 Lakh | ₹98 Lakh | ₹1.01 Cr | ₹90 Lakh | ₹76 Lakh | ₹1.26 Cr | ₹3.85 Cr | ₹1.4 Cr | ₹89 Lakh | ₹1.57 Cr |
| Total Income | ₹144.17 Cr | ₹196.59 Cr | ₹140.49 Cr | ₹119.27 Cr | ₹134.1 Cr | ₹217.54 Cr | ₹141.97 Cr | ₹129.7 Cr | ₹135.55 Cr | ₹218.94 Cr | ₹143.72 Cr | ₹118.16 Cr |
| Cost of Materials Consumed | ₹71.96 Cr | ₹17.02 Cr | ₹10.97 Cr | ₹10.28 Cr | ₹77.79 Cr | ₹18.93 Cr | ₹13.05 Cr | ₹11.71 Cr | ₹88.88 Cr | ₹18.51 Cr | ₹15.56 Cr | ₹10.9 Cr |
| Purchases of Stock-in-Trade | ₹13.14 Cr | ₹10.73 Cr | ₹9.26 Cr | ₹8.41 Cr | ₹11.1 Cr | ₹12.49 Cr | ₹3.42 Cr | ₹3.01 Cr | ₹3.3 Cr | ₹6.35 Cr | ₹3.54 Cr | ₹4.09 Cr |
| Changes in Inventories | -₹51.01 Cr | ₹35.8 Cr | ₹20.4 Cr | ₹9.85 Cr | -₹67.22 Cr | ₹33.52 Cr | ₹11.52 Cr | ₹8.65 Cr | -₹67.68 Cr | ₹32.36 Cr | ₹10.13 Cr | ₹7.91 Cr |
| Employee Benefit Expense | ₹20.41 Cr | ₹24.79 Cr | ₹23.16 Cr | ₹23.35 Cr | ₹20.91 Cr | ₹25.3 Cr | ₹23.8 Cr | ₹23.81 Cr | ₹21.09 Cr | ₹22.52 Cr | ₹21.58 Cr | ₹21.28 Cr |
| Finance Costs | ₹7.14 Cr | ₹8.19 Cr | ₹8.55 Cr | ₹7.51 Cr | ₹7.17 Cr | ₹7.81 Cr | ₹7.59 Cr | ₹7.1 Cr | ₹6.24 Cr | ₹8.09 Cr | ₹6.52 Cr | ₹5.32 Cr |
| Depreciation & Amortisation | ₹10.08 Cr | ₹10.41 Cr | ₹9.47 Cr | ₹9.21 Cr | ₹8.74 Cr | ₹8.93 Cr | ₹8.69 Cr | ₹8.63 Cr | ₹8.35 Cr | ₹8.11 Cr | ₹7.61 Cr | ₹7.56 Cr |
| Other Expenses | ₹60.33 Cr | ₹75.39 Cr | ₹50.41 Cr | ₹48.1 Cr | ₹62.05 Cr | ₹73.35 Cr | ₹55.82 Cr | ₹47.3 Cr | ₹56.65 Cr | ₹65.95 Cr | ₹47.82 Cr | ₹42.06 Cr |
| Total Expenses | ₹132.05 Cr | ₹182.33 Cr | ₹132.22 Cr | ₹116.71 Cr | ₹120.54 Cr | ₹180.33 Cr | ₹123.89 Cr | ₹110.21 Cr | ₹116.83 Cr | ₹161.89 Cr | ₹112.76 Cr | ₹99.12 Cr |
| Profit Before Exceptional Items & Tax | ₹12.12 Cr | ₹14.26 Cr | ₹8.27 Cr | ₹2.56 Cr | ₹13.56 Cr | ₹37.21 Cr | ₹18.08 Cr | ₹19.49 Cr | ₹18.72 Cr | ₹57.05 Cr | ₹30.96 Cr | ₹19.04 Cr |
| Exceptional Items | -₹12 Lakh | -₹1.7 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹12 Cr | ₹12.56 Cr | ₹8.27 Cr | ₹2.56 Cr | ₹13.56 Cr | ₹37.21 Cr | ₹18.08 Cr | ₹19.49 Cr | ₹18.72 Cr | ₹57.05 Cr | ₹30.96 Cr | ₹19.04 Cr |
| Total Tax Expense | ₹3.41 Cr | ₹3.46 Cr | ₹2.25 Cr | ₹62 Lakh | ₹53 Lakh | ₹9.15 Cr | ₹3.6 Cr | ₹4.86 Cr | ₹5.17 Cr | ₹14.07 Cr | ₹7.87 Cr | ₹5.36 Cr |
| Net Profit | ₹8.59 Cr | ₹9.1 Cr | ₹6.02 Cr | ₹1.94 Cr | ₹13.03 Cr | ₹28.06 Cr | ₹14.48 Cr | ₹14.63 Cr | ₹13.55 Cr | ₹42.98 Cr | ₹23.09 Cr | ₹13.68 Cr |
| attributable to Owners | ₹8.59 Cr | ₹9.1 Cr | ₹6.02 Cr | ₹1.94 Cr | ₹13.03 Cr | ₹28.06 Cr | ₹14.48 Cr | ₹14.63 Cr | - | ₹42.98 Cr | ₹23.09 Cr | ₹13.68 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹1.62 Cr | ₹65 Lakh | -₹37 Lakh | ₹4 Lakh | ₹60 Lakh | ₹15 Lakh | -₹9 Lakh | -₹56 Lakh | ₹32 Lakh | ₹34 Lakh | ₹3 Lakh | -₹1.35 Cr |
| Total Comprehensive Income | ₹10.21 Cr | ₹9.75 Cr | ₹5.65 Cr | ₹1.98 Cr | ₹13.63 Cr | ₹28.21 Cr | ₹14.39 Cr | ₹14.07 Cr | ₹13.87 Cr | ₹43.32 Cr | ₹23.12 Cr | ₹12.33 Cr |
| EBITDA (computed) | ₹29.34 Cr | ₹32.86 Cr | ₹26.29 Cr | ₹19.28 Cr | ₹29.47 Cr | ₹53.95 Cr | ₹34.36 Cr | ₹35.22 Cr | ₹33.31 Cr | ₹73.25 Cr | ₹45.09 Cr | ₹31.92 Cr |
| Basic EPS | ₹1.02 | ₹1.08 | ₹0.71 | ₹0.23 | ₹1.55 | ₹3.32 | ₹1.72 | ₹1.73 | ₹1.61 | ₹5.09 | ₹2.74 | ₹1.62 |
| Diluted EPS | ₹1.02 | ₹1.08 | ₹0.71 | ₹0.23 | ₹1.55 | ₹3.32 | ₹1.72 | ₹1.73 | ₹1.60 | ₹5.09 | ₹2.74 | ₹1.62 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹500.44 Cr | ₹526.87 Cr | ₹588.86 Cr | ₹529.6 Cr |
| Other Income | ₹6.26 Cr | ₹6.85 Cr | ₹10.07 Cr | ₹5.83 Cr |
| Total Income | ₹506.7 Cr | ₹533.72 Cr | ₹598.93 Cr | ₹535.43 Cr |
| Cost of Materials Consumed | ₹95.83 Cr | ₹112.72 Cr | ₹129.95 Cr | ₹121.15 Cr |
| Purchases of Stock-in-Trade | ₹30.58 Cr | ₹27.06 Cr | ₹22.24 Cr | ₹13.39 Cr |
| Changes in Inventories | ₹19.01 Cr | -₹10.88 Cr | -₹11.85 Cr | -₹10.26 Cr |
| Employee Benefit Expense | ₹83.99 Cr | ₹87.41 Cr | ₹83.15 Cr | ₹75.52 Cr |
| Finance Costs | ₹25.66 Cr | ₹25.57 Cr | ₹23.59 Cr | ₹19.44 Cr |
| Depreciation & Amortisation | ₹30.17 Cr | ₹28.92 Cr | ₹26.81 Cr | ₹23.84 Cr |
| Other Expenses | ₹205.64 Cr | ₹215.02 Cr | ₹197.88 Cr | ₹174.1 Cr |
| Total Expenses | ₹490.88 Cr | ₹485.82 Cr | ₹471.77 Cr | ₹417.17 Cr |
| Profit Before Exceptional Items & Tax | ₹15.82 Cr | ₹47.9 Cr | ₹127.16 Cr | ₹118.26 Cr |
| Exceptional Items | -₹8.11 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹7.71 Cr | ₹47.9 Cr | ₹127.16 Cr | ₹118.26 Cr |
| Total Tax Expense | ₹4.61 Cr | ₹14.5 Cr | ₹32.47 Cr | ₹29.95 Cr |
| Net Profit | ₹3.1 Cr | ₹33.4 Cr | ₹94.69 Cr | ₹88.32 Cr |
| Other Comprehensive Income | ₹1.77 Cr | ₹17 Lakh | -₹64 Lakh | ₹71.7 Lakh |
| Total Comprehensive Income | ₹4.87 Cr | ₹33.57 Cr | ₹94.05 Cr | ₹89.03 Cr |
| EBITDA (computed) | ₹71.65 Cr | ₹102.39 Cr | ₹177.56 Cr | ₹161.55 Cr |
| Basic EPS | ₹0.37 | ₹3.96 | ₹11.22 | ₹10.71 |
| Diluted EPS | ₹0.37 | ₹3.96 | ₹11.21 | ₹10.70 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹963.64 Cr | ₹993.69 Cr | ₹1,007.59 Cr | ₹889.83 Cr |
| Non-current Assets | ₹513.92 Cr | ₹544.44 Cr | ₹534.73 Cr | ₹492.54 Cr |
| Current Assets | ₹449.72 Cr | ₹449.25 Cr | ₹472.86 Cr | ₹397.29 Cr |
| Property, Plant & Equipment | ₹428.04 Cr | ₹436.89 Cr | ₹415.76 Cr | ₹392.98 Cr |
| Inventories | ₹177.67 Cr | ₹195.81 Cr | ₹182.66 Cr | ₹169.24 Cr |
| Trade Receivables | ₹199.56 Cr | ₹186.14 Cr | ₹160.36 Cr | ₹104.74 Cr |
| Cash & Equivalents | ₹5.57 Cr | ₹4.18 Cr | ₹94.78 Cr | ₹15.32 Cr |
| Equity (Net Worth) | ₹553.22 Cr | ₹574.81 Cr | ₹575.27 Cr | ₹555.91 Cr |
| Equity Share Capital | ₹16.89 Cr | ₹16.88 Cr | ₹16.88 Cr | ₹16.85 Cr |
| Borrowings (Non-current) | ₹47.52 Cr | ₹57.71 Cr | ₹47.7 Cr | ₹47 Cr |
| Borrowings (Current) | ₹214.73 Cr | ₹205 Cr | ₹236.23 Cr | ₹134.55 Cr |
| Total Debt (computed) | ₹262.25 Cr | ₹262.71 Cr | ₹283.93 Cr | ₹181.55 Cr |
| Current Liabilities | ₹327.91 Cr | ₹329.31 Cr | ₹357.87 Cr | ₹263.15 Cr |
| Total Liabilities | ₹410.42 Cr | ₹418.88 Cr | ₹432.32 Cr | ₹333.92 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | ₹72.89 Cr | ₹92.79 Cr | ₹117.89 Cr | ₹78.81 Cr |
| Investing Cash Flow | -₹15.15 Cr | -₹68.74 Cr | -₹39.9 Cr | -₹69.12 Cr |
| Financing Cash Flow | -₹56.35 Cr | -₹85.89 Cr | ₹1.47 Cr | -₹3.82 Cr |
| Capital Expenditure | ₹21.56 Cr | ₹49.41 Cr | ₹57.99 Cr | ₹67.46 Cr |
| Free Cash Flow (computed) | ₹51.33 Cr | ₹43.38 Cr | ₹59.9 Cr | ₹11.36 Cr |
| Dividends Paid | ₹30.7 Cr | ₹37.56 Cr | ₹78.01 Cr | ₹45.41 Cr |
| Net Change in Cash | ₹1.39 Cr | -₹61.84 Cr | ₹79.46 Cr | ₹5.88 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹111.24 Cr | ₹169.63 Cr | ₹120.26 Cr | ₹99.31 Cr | ₹96.41 Cr | ₹180.93 Cr | ₹123.75 Cr | ₹125.78 Cr | ₹126.63 Cr | ₹207.93 Cr | ₹138.67 Cr | ₹115.63 Cr |
| Other Income | ₹1.98 Cr | ₹1.2 Cr | ₹1.29 Cr | ₹1.79 Cr | ₹1.78 Cr | ₹1.72 Cr | ₹1.65 Cr | ₹1.7 Cr | ₹4.34 Cr | ₹2.23 Cr | ₹1.78 Cr | ₹1.72 Cr |
| Total Income | ₹113.22 Cr | ₹170.83 Cr | ₹121.55 Cr | ₹101.1 Cr | ₹98.19 Cr | ₹182.65 Cr | ₹125.4 Cr | ₹127.48 Cr | ₹130.97 Cr | ₹210.16 Cr | ₹140.45 Cr | ₹117.35 Cr |
| Cost of Materials Consumed | ₹61.09 Cr | ₹15.55 Cr | ₹11.08 Cr | ₹8.11 Cr | ₹69.15 Cr | ₹15.15 Cr | ₹11.57 Cr | ₹16.85 Cr | ₹85.14 Cr | ₹18.41 Cr | ₹15.78 Cr | ₹10.62 Cr |
| Purchases of Stock-in-Trade | ₹9.61 Cr | ₹7.79 Cr | ₹6.06 Cr | ₹7.12 Cr | ₹8.73 Cr | ₹8.63 Cr | ₹5.7 Cr | ₹4 Cr | ₹6.12 Cr | ₹6.72 Cr | ₹4.92 Cr | ₹4.48 Cr |
| Changes in Inventories | -₹44.91 Cr | ₹34.4 Cr | ₹19.14 Cr | ₹10.38 Cr | -₹63.34 Cr | ₹31.89 Cr | ₹12.3 Cr | ₹8.27 Cr | -₹63.67 Cr | ₹31.98 Cr | ₹10.95 Cr | ₹8.89 Cr |
| Employee Benefit Expense | ₹18.31 Cr | ₹22.71 Cr | ₹21.31 Cr | ₹21.66 Cr | ₹19.22 Cr | ₹23.68 Cr | ₹22.23 Cr | ₹22.28 Cr | ₹19.95 Cr | ₹21.53 Cr | ₹20.64 Cr | ₹20.55 Cr |
| Finance Costs | ₹5.74 Cr | ₹6.57 Cr | ₹7.17 Cr | ₹6.18 Cr | ₹5.86 Cr | ₹6.71 Cr | ₹6.66 Cr | ₹6.34 Cr | ₹5.57 Cr | ₹7.06 Cr | ₹5.95 Cr | ₹5.01 Cr |
| Depreciation & Amortisation | ₹7.42 Cr | ₹7.66 Cr | ₹7.56 Cr | ₹7.53 Cr | ₹7.16 Cr | ₹7.46 Cr | ₹7.21 Cr | ₹7.09 Cr | ₹6.7 Cr | ₹6.87 Cr | ₹6.45 Cr | ₹6.79 Cr |
| Other Expenses | ₹52.38 Cr | ₹67.21 Cr | ₹44.83 Cr | ₹41.22 Cr | ₹54.38 Cr | ₹66.88 Cr | ₹50.54 Cr | ₹43.22 Cr | ₹52.36 Cr | ₹62.37 Cr | ₹44.36 Cr | ₹39.27 Cr |
| Total Expenses | ₹109.64 Cr | ₹161.89 Cr | ₹117.15 Cr | ₹102.2 Cr | ₹101.16 Cr | ₹160.4 Cr | ₹116.21 Cr | ₹108.05 Cr | ₹112.17 Cr | ₹154.94 Cr | ₹109.05 Cr | ₹95.61 Cr |
| Profit Before Exceptional Items & Tax | ₹3.58 Cr | ₹8.94 Cr | ₹4.4 Cr | -₹1.1 Cr | -₹2.97 Cr | ₹22.25 Cr | ₹9.19 Cr | ₹19.43 Cr | ₹18.8 Cr | ₹55.22 Cr | ₹31.4 Cr | ₹21.74 Cr |
| Exceptional Items | -₹8.11 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹4.53 Cr | ₹8.94 Cr | ₹4.4 Cr | -₹1.1 Cr | -₹2.97 Cr | ₹22.25 Cr | ₹9.19 Cr | ₹19.43 Cr | ₹18.8 Cr | ₹55.22 Cr | ₹31.4 Cr | ₹21.74 Cr |
| Total Tax Expense | ₹1.23 Cr | ₹2.32 Cr | ₹1.25 Cr | -₹19 Lakh | ₹1.92 Cr | ₹5.92 Cr | ₹1.8 Cr | ₹4.86 Cr | ₹5.17 Cr | ₹14.07 Cr | ₹7.87 Cr | ₹5.36 Cr |
| Net Profit | -₹5.76 Cr | ₹6.62 Cr | ₹3.15 Cr | -₹91 Lakh | -₹4.89 Cr | ₹16.33 Cr | ₹7.39 Cr | ₹14.57 Cr | ₹13.63 Cr | ₹41.15 Cr | ₹23.53 Cr | ₹16.38 Cr |
| Other Comprehensive Income | ₹1.43 Cr | ₹58 Lakh | -₹29 Lakh | ₹5 Lakh | ₹54 Lakh | ₹11 Lakh | -₹5 Lakh | -₹43 Lakh | ₹12 Lakh | ₹31 Lakh | ₹8 Lakh | -₹1.15 Cr |
| Total Comprehensive Income | -₹4.33 Cr | ₹7.2 Cr | ₹2.86 Cr | -₹86 Lakh | -₹4.35 Cr | ₹16.44 Cr | ₹7.34 Cr | ₹14.14 Cr | ₹13.75 Cr | ₹41.46 Cr | ₹23.61 Cr | ₹15.23 Cr |
| EBITDA (computed) | ₹16.74 Cr | ₹23.17 Cr | ₹19.13 Cr | ₹12.61 Cr | ₹10.05 Cr | ₹36.42 Cr | ₹23.06 Cr | ₹32.86 Cr | ₹31.07 Cr | ₹69.15 Cr | ₹43.8 Cr | ₹33.54 Cr |
| Basic EPS | ₹-0.68 | ₹0.78 | ₹0.38 | ₹-0.11 | ₹-0.58 | ₹1.94 | ₹0.87 | ₹1.73 | ₹1.61 | ₹4.88 | ₹2.79 | ₹1.94 |
| Diluted EPS | ₹-0.68 | ₹0.78 | ₹0.38 | ₹-0.11 | ₹-0.58 | ₹1.93 | ₹0.87 | ₹1.72 | ₹1.61 | ₹4.87 | ₹2.79 | ₹1.94 |
Shareholding Pattern of Sula Vineyards Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 24.55%, foreign institutional investors hold 1.11%, domestic institutional investors hold 17.30%, retail and other public shareholders hold 57.04% of Sula Vineyards Limited. The company had 261,232 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 24.55% | 24.35% | 24.35% | 24.36% | 24.66% | 24.66% |
| Public | 75.45% | 75.65% | 75.65% | 75.64% | 75.34% | 75.34% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | |
|---|---|---|---|---|
| Promoters | 24.55% | 24.66% | 26.18% | 27.33% |
| Public | 75.45% | 75.34% | 73.82% | 72.67% |
| Promoter change (YoY, %pts) | -0.11 | -1.52 | -1.15 | - |
Board & Governance of Sula Vineyards Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Sula Vineyards Limited has 7 directors - 4 independent and 1 executive. The board is chaired by Alok Sureshchandra Vajpeyi.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Alok Sureshchandra Vajpeyi | Non-Executive - Independent Director · Chairperson | 2021-12-15 | 1 |
| Rajeev Samant | Executive Director · CEO-MD | 2003-02-26 | 1 |
| Chetan Desai | Non-Executive - Independent Director | 2021-12-15 | 3 |
| Sangeeta Tanwani | Non-Executive - Independent Director | 2021-12-15 | 3 |
| Anant S Iyer | Non-Executive - Independent Director | 2024-11-12 | 1 |
| Nicholas Peter Y Cator | Non-Executive - Non Independent Director | 2023-11-09 | 1 |
| Deepak Shahdadpuri | Non-Executive - Non Independent Director | 2024-04-04 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Chetan Desai (Chairperson), Alok Sureshchandra Vajpeyi, Sangeeta Tanwani, Anant S Iyer |
| Nomination and remuneration committee | Chetan Desai (Chairperson), Alok Sureshchandra Vajpeyi, Sangeeta Tanwani, Anant S Iyer, Deepak Shahdadpuri, Nicholas Peter Y Cator |
| Stakeholders Relationship Committee | Alok Sureshchandra Vajpeyi (Chairperson), Anant S Iyer, Deepak Shahdadpuri, Nicholas Peter Y Cator |
| Risk Management Committee | Sangeeta Tanwani (Chairperson), Alok Sureshchandra Vajpeyi, Chetan Desai, Anant S Iyer, Deepak Shahdadpuri, Nicholas Peter Y Cator, Abhishek Kapoor |
| Corporate Social Responsibility Committee | Chetan Desai (Chairperson), Rajeev Samant, Sangeeta Tanwani, Deepak Shahdadpuri, Nicholas Peter Y Cator |
Group Structure of Sula Vineyards Limited
Sula Vineyards Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Sula Vineyards Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Artisan Spirits Private Limited | U15122MH2011PTC222280 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Sula Vineyards Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2025 | Others | ₹5 Cr | Open |
| 28 Mar 2025 | Others | ₹5 Cr | Open |
| 12 Sep 2024 | Axis Bank Limited | ₹45.5 Cr | Open |
| 18 Jun 2024 | Hdfc Bank Limited | ₹6 Cr | Open |
| 03 May 2024 | Hdfc Bank Limited | ₹28 Cr | Open |
Total charge records: 73 View all charges
Employees and EPFO Compliance at Sula Vineyards Limited
Sula Vineyards Limited has a workforce of 762 employees as of Mar 21, 2024.
Employee and EPFO history for Sula Vineyards Limited
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GST Compliance of Sula Vineyards Limited
GST registrations and filing compliance for Sula Vineyards Limited
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Credit Ratings, Litigation & Regulatory Alerts for Sula Vineyards Limited
Credit ratings, litigation, and regulatory alerts for Sula Vineyards Limited
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MSME Payment Delays by Sula Vineyards Limited
MSME payment history for Sula Vineyards Limited
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Subsidiaries & Group Companies of Sula Vineyards Limited
Corporate group structure for Sula Vineyards Limited
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MCA Filings & Documents of Sula Vineyards Limited
MCA filings and documents for Sula Vineyards Limited
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Recent Activity on Sula Vineyards Limited
Recent News on Sula Vineyards Limited
Frequently Asked Questions about Sula Vineyards Limited
Sula Vineyards Limited is an active public limited company in the food and beverages sector based in Mumbai, Maharashtra, India. It was incorporated on 26 February 2003 (23+ years old) and is registered under CIN L15549MH2003PLC139352. Listed on BSE: 543711. The company has 762 employees.
Sula Vineyards Limited reported revenue of ₹596.19 Cr for FY 2026 (down 3.74% YoY) based on consolidated NSE filings.
The current directors of Sula Vineyards Limited are:
- Chetan Rameshchandra Desai - Director
- Alok Sureshchandra Vajpeyi - Director
- Sangeeta Tanwani - Director
- Rajeev Samant - Managing Director
- Anant S Iyer - Director
- Deepak Ishwardas Shahdadpuri - Director
- Nicholas Peter Y Cator - Director
The primary industry of Sula Vineyards Limited is food and beverages. The company specifically operates in alcoholic beverage manufacturing and distribution. The company is currently active in this sector.
Yes. Sula Vineyards Limited is listed on BSE with code 543711.
Sula Vineyards Limited can be reached at the registered office: 901 Solaris One N.S. Phadke Marg, Andheri E, Mumbai, Maharashtra, India – 400069, or through the website sulavineyards.com.