Sula Vineyards Ltd. (NSE: SULA) shares rose 2.22% to ₹382.60 during early trade today, gaining ₹8.30 from the previous close of ₹374.30. The stock traded in a range of ₹380.10 to ₹390.40, with a market capitalization of ₹32.40 billion and a P/E ratio of 37.86.
The surge follows the company’s announcement of record-breaking quarterly revenues for Q3 FY25, driven by growth in premium wine sales and its wine tourism segment. Key highlights from the financial results include:
- Own Brands Revenue: ₹194.7 crore, up 1.0% YoY compared to ₹192.8 crore in Q3 FY24.
- Wine Tourism Revenue: ₹16.4 crore, up 11.5% YoY from ₹14.7 crore in the same quarter last year.
- Total Net Revenue: ₹217.3 crore, reflecting a marginal decline of 0.7% YoY compared to ₹219.0 crore in Q3 FY24.
The growth was led by Sula’s Elite and Premium portfolio, with iconic labels such as The Source and RASA recording a 6% YoY increase in premium sales. Additionally, wine tourism benefited from higher guest spending and strong occupancy rates.
Sula Vineyards is also preparing for its annual SulaFest in Q4 FY25, featuring popular Indian artists such as Divine and Ritviz x Karan Kanchan. Advance ticket sales indicate strong interest, further boosting the company’s outlook.
Sula Vineyards Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Tue, Jan 14 2025
|
₹370.05
|
₹374.30
|
-0.62%
|
Mon, Jan 13 2025
|
₹393.05
|
₹376.65
|
-4.84%
|
Fri, Jan 10 2025
|
₹401.50
|
₹395.80
|
-1.44%
|
Thu, Jan 9 2025
|
₹405.05
|
₹401.60
|
-1.28%
|
Wed, Jan 8 2025
|
₹415.00
|
₹406.80
|
-1.00%
|
Tue, Jan 7 2025
|
₹405.70
|
₹410.90
|
|
Mon, Jan 6 2025
|
₹432.75
|
₹405.70
|
-4.70%
|
Fri, Jan 3 2025
|
₹421.00
|
₹425.70
|
|
Disclaimer: The information provided is for informational purposes only and should not be considered as financial or investment advice.