Sula Vineyards Limited
SULA.NS
National Stock Exchange of India149.96
INR
+0.31
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Sula Vineyards Limited
SULA.NS
(National Stock Exchange of India)
Recent
price
149.96
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Sula Vineyards Limited is a leading Indian producer, purchaser, and seller of wines and other alcoholic beverages, operating primarily in the wine and wine tourism industries. The company offers a comprehensive portfolio of products including red wine, white wine, rosé wine, sparkling wine, and wine in a can, under its well-known brands such as Sula Classics, The Source, RASA, Dindori, and York. It also imports and distributes international wines and spirits, including brands like Le Grand Noir, Torres, Trapiche, Hardy's, and Beluga Vodka. Its wine varieties include Syrah, Zinfandel, Shiraz, Shiraz Cabernet, Chardonnay, Viognier, Chenin Blanc, Riesling, Grenache Rosé, and multiple sparkling wines. Additionally, Sula Vineyards operates wine tourism venues, encompassing vineyard resorts, tasting rooms, and restaurants, with a presence in Maharashtra and Karnataka in India and expanding distribution across domestic and select international markets. The company was founded in 1996 and is headquartered in Mumbai, India. Recent major developments include the strategic acquisition of N D Wines Private Limited in Nashik in 2024, marking Sula's second acquisition in three years to expand its footprint in the region and strengthen its wine tourism offerings. Sula also launched its first tasting room outside its own winery premises, named Milestone Cellars, located near Nashik Airport. In fiscal year 2025, Sula introduced new products, including the Sula Merlot, a rich velvety red wine. The company is also reported to be in talks to acquire additional brands to diversify into whisky, scotch, and vodka segments. Sula Vineyards continues to enhance its wine tourism segment, recently opening a 3,500 square foot Dindori tasting room and bottle shop at ND Wines. Financially, the company has faced recent challenges with profit declines but remains a dominant player in India's premium wine industry. Sula Vineyards Limited sells its products via distributors, licensed resellers, company depots, defense units, and through direct-to-consumer and online channels. It maintains a focus on premium quality wine production and has built a brand portfolio that ensures leadership in the Indian wine market. The company emphasizes growth through strategic acquisitions, brand expansion, and enhancing wine tourism experiences to broaden its customer base and geographic reach. Its governance and operational adjustments reflect a commitment to consolidating market presence and innovating within the evolving alcoholic beverage sector in India.