Sula Vineyards Share Price Up After FY25 Business Update Shows Record Revenue
Sula Vineyards share price rose as much as 2.61% during the day to Rs 282.70 apiece on the NSE.
Sula Vineyards Ltd.'s share price rose nearly 3% on Tuesday after the company reported record revenue for the financial year 2024–25, led by strong growth in its wine tourism segment.
According to its quarterly business update that came on Friday, revenue for the March quarter stood at Rs 132.6 crore, nearly flat from Rs 131.7 crore a year ago. Revenue from its “own brands” declined 2.9% year-on-year to Rs 109.6 crore, while the wine tourism business rose 24.6% to Rs 20.4 crore.
For the full year, Sula posted an all-time high revenue of Rs 618.8 crore, up 1.7% from the previous year. Wine tourism revenue rose 10.2% to Rs 60.3 crore in fiscal 2025, while revenue from its own brands grew 2.2% to Rs 546.2 crore.
The company also announced the listing of four new wines with the Canteen Stores Department, taking its total offerings there to nine.
Sula Vineyards Share Price Today
The winery's stock rose as much as 2.61% during the day to Rs 282.70 apiece on the NSE. It was trading 2% higher at Rs 281 apiece, compared to a 2.11% advance in the benchmark Nifty 50 as of 10:57 a.m.
It has fallen 50.28% in the last 12 months and 32.61% on a year-to-date basis. The total traded volume so far in the day stood at 0.7 times its 30-day average. The relative strength index was at 51.46.
Three out of the six analysts tracking Sula Vineyards have a 'buy' rating on the stock, two recommend a 'hold' and one suggests a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 364.75, implying an upside of 29.7%.
