SULA

Sula Vineyards Share Price

₹454.25
+ 5.35 (1.19%)
  • Advice
  • Hold
09 October, 2024 22:46 BSE: 543711 NSE: SULA ISIN: INE142Q01026

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Sula Vineyards Performance

Day Range

  • Low 452
  • High 461
₹ 454

52 Week Range

  • Low 445
  • High 699
₹ 454
  • Open Price453
  • Previous Close449
  • Volume291762

Sula Vineyards Chart

  • Over 1 Month -6.23%
  • Over 3 Month -8.54%
  • Over 6 Month -18.23%
  • Over 1 Year -2.91%

Sula Vineyards Key Statistics

P/E Ratio 40.7
PEG Ratio 4.7
Market Cap Cr 3,834
Price to Book Ratio 7
EPS 11.2
Dividend 1.9
Relative Strength Index 33.95
Money Flow Index 39.07
MACD Signal -5.8
Average True Range 10.7

Sula Vineyards Investment Rating

  • Master Rating:
  • Sula Vineyards has an operating revenue of Rs. 580.18 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 22% is great, ROE of 16% is good. The company has a reasonable debt to equity of 9%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 11 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 58 indicates it belongs to a fair industry group of Beverages-Alcoholic and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Sula Vineyards Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 118117193130108110
Operating Expenses Qtr Cr 8791127887679
Operating Profit Qtr Cr 312767423232
Depreciation Qtr Cr 777676
Interest Qtr Cr 667654
Tax Qtr Cr 5514856
Net Profit Qtr Cr 151441241617
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 558499
Operating Expenses Annual Cr 381337
Operating Profit Annual in Cr 167156
Depreciation Cr 2724
Interest Annual Cr 2419
Tax Annual Cr 3230
Net Profit Annual Cr 9588
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 11879
Cash from Investing Activity Annual Cr -40-69
Cash from Financing Annual Activity Cr 1-4
Net Cash Flow Annual Cr 796
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 575556
Fixed Assets Annual Cr 422396
Total Non Current Assets Annual Cr 535493
Total Current Assets Annual Cr 473397
Total Assets Annual Cr 1,008890
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 6866
ROE Annual % 1616
ROCE Annual % 2322
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3233
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 121123203134108113
Operating Expenses Qtr Cr 8793131897882
Operating Profit Qtr Cr 342972443031
Depreciation Qtr Cr 988887
Interest Qtr Cr 768755
Tax Qtr Cr 5514856
Net Profit Qtr Cr 151443231414
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 575520
Operating Expenses Annual Cr 392359
Operating Profit Annual in Cr 176157
Depreciation Cr 3226
Interest Annual Cr 2621
Tax Annual Cr 3230
Net Profit Annual Cr 9384
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 12188
Cash from Investing Activity Annual Cr -43-73
Cash from Financing Annual Activity Cr 2-9
Net Cash Flow Annual Cr 816
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 550532
Fixed Assets Annual Cr 458414
Total Non Current Assets Annual Cr 524457
Total Current Assets Annual Cr 502424
Total Assets Annual Cr 1,026881
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 6563
ROE Annual % 1716
ROCE Annual % 2422
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3231

Sula Vineyards Technicals

EMA & SMA

Current Price
₹454.25
+ 5.35 (1.19%)
pointer
  • Bullish Moving Average
  • ___
  • 1
  • Bearish Moving Average
  • ___
  • 15
  • 20 Day
  • ₹470.01
  • 50 Day
  • ₹480.63
  • 100 Day
  • ₹492.47
  • 200 Day
  • ₹497.82
  • 20 Day
  • ₹474.98
  • 50 Day
  • ₹481.17
  • 100 Day
  • ₹491.37
  • 200 Day
  • ₹527.30

Sula Vineyards Resistance and Support

PIVOT
₹455.7
Resistance
First Resistance 459.40
Second Resistance 464.55
Third Resistance 468.25
RSI 33.95
MFI 39.07
MACD Single Line -5.80
MACD -9.08
Support
First Support 450.55
Second Support 446.85
Third Supoort 441.70

Sula Vineyards Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 300,854 12,112,382 40.26
Week 426,506 23,129,420 54.23
1 Month 454,802 28,679,817 63.06
6 Month 437,155 23,317,858 53.34

Sula Vineyards Result Highlights

Sula Vineyards Synopsis

NSE-Beverages-Alcoholic

Sula Vineyards is involved in the business activities of Manufacture of wines. Company’s Total Operating Revenue is Rs. 548.12 Cr. and Equity Capital is Rs. 16.88 Cr. for the Year ended 31/03/2024. Sula Vineyards Ltd. is a Public Limited Listed company incorporated on 26/02/2003 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L15549MH2003PLC139352 and registration number is 139352.
Market Cap 3,789
Sales 559
Shares in Float 6.33
No of funds 62
Yield 1.89
Book Value 6.59
U/D Vol ratio 0.9
LTDebt / Equity 8
Alpha -0.18
Beta 0.64

Sula Vineyards Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 25.47%26.18%26.27%26.27%
Mutual Funds 19.64%20.03%17.94%16.46%
Insurance Companies 2.35%2.35%1.61%1.06%
Foreign Portfolio Investors 12.03%13.85%11.35%12.27%
Individual Investors 30.18%27.03%20.5%20.8%
Others 10.33%10.56%22.33%23.14%

Sula Vineyards Management

Name Designation
Mr. Chetan Desai Chairman & Ind.Dire (Non-Exe)
Mr. Rajeev Samant Managing Director & CEO
Ms. Sangeeta Pendurkar Ind. Non-Executive Director
Mr. Alok Vajpeyi Ind. Non-Executive Director
Mr. Nicholas Cator Non Executive Director
Mr. Deepak Shahdadpuri Additional Director

Sula Vineyards Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Sula Vineyards Corporate Action

Date Purpose Remarks
2024-08-07 Quarterly Results
2024-05-08 Audited Results & Final Dividend
2024-02-13 Quarterly Results & Interim Dividend
2023-11-09 Quarterly Results & ESOP
2023-08-09 Quarterly Results
Date Purpose Remarks
2024-05-22 FINAL Rs.4.50 per share(225%)Final Dividend
2024-02-21 INTERIM Rs.4.00 per share(200%)Interim Dividend
2023-05-15 FINAL Rs.5.25 per share(262.5%)Final Dividend

About Sula Vineyards

Sula Vineyards Ltd. is a leading global wine producer headquartered in India, specializing in the production and distribution of wine and related products. Established in 1999, the company is known for its premium wine brands and has a strong market presence in the wine industry.

As of March 31, 2022, Sula Vineyards Limited, which was incorporated in 2003, is the biggest wine producer and retailer in India. Along with these well-known brands, the company distributes wines under the labels "RASA," "Dindori," "The Source," "Satori," "Madera," and "Dia." Its flagship brand, "Sula," is recognized as the "category creator" of wine in India. 

Leading the Market: As of FY24, the company held a 52% total market share in the Indian wine sector, with around 60% of the value market share in the elite and premium categories.

The business is regarded as the industry leader for all wine varieties, including sparkling, white, and red. According to value, Sula Shiraz Cabernet is the most popular wine in India as of FY24. 

Geographic Presence: The corporation operated in 25 states and six union territories in India as of September 30, 2022. In 2003, it expanded into international markets and presently sells wines in more than 20 nations, including the US, Spain, France, Japan, and the United Kingdom.

Production Facilities: Located in the Indian states of Maharashtra and Karnataka, the company currently produces 56 different labels of wine at four owned and two leased production facilities. Among the top 5 wineries in Asia, the enterprise boasts a 16.7 million litter winery capacity.

Distribution Network: With around 13,000 retail touchpoints nationwide by 2021, the company has established the biggest distribution network among Indian wine companies. As of September 30, 2022, the company's distribution network comprised more than fifty distributors, eleven corporations, fourteen licensed resellers, seven company depots, and three defense units. As of March 31, 2022, the organization also had over 23,000 points of sale, which included over 13,500 retail touchpoints and over 9,000 hotels, restaurants, and caterers.

The revenue is concentrated, with Goa, New Delhi, Maharashtra, and Karnataka accounting for almost 90% of the total.

Sula Vineyards FAQs

What is Share Price of Sula Vineyards ?

Sula Vineyards share price is ₹454 As on 09 October, 2024 | 22:32

What is the Market Cap of Sula Vineyards ?

The Market Cap of Sula Vineyards is ₹3833.9 Cr As on 09 October, 2024 | 22:32

What is the P/E ratio of Sula Vineyards ?

The P/E ratio of Sula Vineyards is 40.7 As on 09 October, 2024 | 22:32

What is the PB ratio of Sula Vineyards ?

The PB ratio of Sula Vineyards is 7 As on 09 October, 2024 | 22:32

Is it a good time to buy Sula Vineyards shares?

Consider the company's performance in the wine sector and its financial stability before investing.
 

What are the most important metrics that can help to analyze the share price of Sula Vineyards?

Key metrics include wine production volumes, sales revenue, and profit margins.

How can you buy shares from the Sula Vineyards?

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Q2FY23