Sula Vineyards Limited announced its financial results for the fourth quarter and full fiscal year 2026. The company reported a 7% year-on-year revenue growth in Q4 FY26, reaching ₹142.6 crore. This growth was primarily driven by improved traction in its Own Brands and a strong double-digit increase in Wine Tourism revenue, which hit a record ₹23.9 crore, up 17.5% YoY. The Elite & Premium portfolio sales saw an 11% YoY increase in Q4 FY26, with The Source and RASA brands showing strong double-digit growth, leading to an expansion in market share to 79%. Despite a marginal year-on-year decrease in EBITDA to ₹27.8 crore, impacted by higher blended grape costs and a one-off gain in the prior year, the underlying comparable performance improved. Disciplined cost management helped maintain absolute EBITDA, and excluding the prior year's one-off gain, both EBITDA and PBT showed year-on-year growth. For the full fiscal year FY26, revenue from operations stood at ₹596.2 crore, a decrease of 3.7% YoY. The company also highlighted its strategic agreement to acquire Chandon’s 19-acre estate in Dindori, Nashik, to further expand its Wine Tourism footprint. Management expressed confidence in a steady recovery in Own Brands and sustained momentum in Wine Tourism, positioning the company well for FY27.
