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Sula Vineyards Ltd

Q2 FY27Beverages

Sula Vineyards Q2 Results 2026: PAT ₹8 Cr +34%, Revenue ₹136 Cr

Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.

Revenue
₹136Cr
+3.5% YoY
+20.1% QoQ
Net profit
₹8Cr
+34.4% YoY
+663.2% QoQ
Margin
20.3%
+0.9 pp YoY
+5.6 pp QoQ

Sula Vineyards Ltd Q2 FY27 key numbers

Revenue
Q2 FY27 Revenue from Operations: INR 145.4 Cr, up 4% YoY.

As stated in Sula Vineyards Ltd's Q2 FY27 investor presentation · published 5 Nov 2026. Reported figures, not investment advice.

Based on Sula Vineyards Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.

Price₹138
Market cap₹1.2K Cr
P/E44.9

The short version

Q2 FY27 Revenue from Operations: INR 145.4 Cr, up 4% YoY. Q2 FY27 Operating EBITDA: INR 27.5 Cr, up 7.9% YoY.

From Sula Vineyards Ltd's Q2 FY27 earnings-call transcript · updated 5 Nov 2026.

How did Sula Vineyards' revenue grow in the September 2026 quarter?

  • Q2 FY27 Revenue from Operations: INR 145.4 Cr, up 4% YoY
  • Net Revenue from Operations: INR 135.5 Cr, up 4% YoY
  • Own Brands Revenue: INR 128.3 Cr, up 3.4% YoY
  • Elite & Premium portfolio sales up 9% YoY, with salience improving by 420 bps to 82% in Q2 FY27
  • Wine Tourism Revenue: INR 16.3 Cr, up 24% YoY
  • Wine Tourism contributes 19.1% to total revenue in Q2 FY27, up 220 bps YoY
  • Wine Tourism Visitor Footfall: 97,800+, up 7% YoY in Q2 FY27
  • Own Brands premiumization trend accelerates with strong double-digit growth in The Source, Sula Merlot, and sparkling wines

2 more points from Sula Vineyards Ltd's call on revenue

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What happened to Sula Vineyards' margins in Q2 FY27?

Q2 FY27 Operating EBITDA: INR 27.5 Cr, up 7.9% YoY

Locked: what Sula Vineyards Ltd said on margins

Also locked on this page: fundraising, order book

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What capex is Sula Vineyards planning?

  • Cellar capacity increased by 1 million liters to total 19.2 million liters; can expand volumes by 80-85% without further winery capex (Page 19).
  • The Haven by Sula, a 50-key resort near York, launched in Q3 FY26 (Page 19).
  • Construction to commence on a fourth hotel, a 35-key property adjacent to The Haven, expected to open by Q4 FY28, expanding room capacity by 20% to 185 keys (Pages 15, 19, 6).
  • Events Pavilion – The Vintage Room, a 5,000 sq. ft. indoor banquet facility at Nashik campus, now open and operational (Pages 15, 6).

2 more points from Sula Vineyards Ltd's call on capex

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Top-ranked in Beverages

Ranked on what management guided this quarter

Guidance-ranked
1Piccadily Agro
Rev 1Mar 3
2Varun Beverages
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 1
5
Rev 3Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Sula Vineyards raising money or cutting debt?

It reports a healthy balance sheet with a Debt-to-EBITDA ratio of less than 3x as of FY26 (Page 10).

Locked: what Sula Vineyards Ltd said on fundraising

Also locked on this page: margins, order book

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How big is Sula Vineyards' order book?

See what Sula Vineyards Ltd said on order book & pipeline — free account, 30 seconds.

Sula Vineyards Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Sula Vineyards Ltd Q2 FY27 results — key figures

Sula Vineyards Ltd Q2 FY27 reported results vs year-ago quarter, ₹ crore
₹ CrQ2 FY27
Revenue145
Operating profit (EBITDA)28
Operating margin18.9%
Profit before tax11
Net profit (PAT)8
EPS (₹)0.95

Source: Sula Vineyards Ltd's results filing to NSE (consolidated), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹136 Cr, net profit ₹8 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

More Q2 FY27 results in Beverages

All Q2 FY27 results | Beverages rankings

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What Sula Vineyards's management said in earlier quarters

Earlier calls (8)

Others in Beverages this season

  • India Glycols (Q2 FY27)

    Quarterly Revenue (Consolidated) for Q2 30.09.2026:** ₹362.42 Crores . Key results statement takeaways from India Glycols Ltd's Q2 FY27 results statement — and

  • Associated Alcohols & Breweries (Q2 FY27)

    Q2FY27 Net Revenue from Operations: Rs 2,716 Mn, up 7% YoY (Page 8) . Key investor presentation takeaways from Associated Alcohols & Breweries Ltd's Q2 FY27 inv

  • Piccadily Agro (Q2 FY27)

    Year-on-Year Change in Revenue from Operations:** Increase of INR 4,518.81 lakhs (~19.4% growth) . Key investor presentation takeaways from Piccadily Agro Indus

  • Ravikumar Distll (Q2 FY27)

    19.3% decrease) . Key results statement takeaways from Ravikumar Distilleries Ltd's Q2 FY27 results statement — and how it ranks against sector peers.

🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Sula Vineyards Ltd Q2 FY27 results?

Q2 FY27 Revenue from Operations: INR 145.4 Cr, up 4% YoY. Q2 FY27 Operating EBITDA: INR 27.5 Cr, up 7.9% YoY.

What is Sula Vineyards Ltd share price analysis?

Sula Vineyards Ltd currently shows a neutral. The stock trades at a P/E of 44.9 with a market cap of ₹1,163 Cr. Investors should review the full earnings analysis for detailed insights.

Is Sula Vineyards Ltd planning capital expenditure?

Cellar capacity increased by 1 million liters to total 19.2 million liters; can expand volumes by 80-85% without further winery capex (Page 19).

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.