Sula Vineyards Key Ratios
NSE: SULA | BSE: 543711
₹147.58
As on 28-Aug-2026IST
Market cap
₹1,245 Cr
Revenue (TTM)
₹599 Cr
P/E Ratio
50.3
P/B Ratio
2.1
Div. Yield
1.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -15.27 | 2.11 | -1.73 | 1.43 | 7.57 |
| EBIT | -64.19 | -30.47 | -37.14 | -23.12 | 12.77 |
| Net Profit | -87.78 | -45.36 | -54.64 | -32.99 | 55.68 |
| EPS | -87.66 | -45.36 | -56.95 | -34.35 | 55.50 |
| Book Value | -- | -- | -0.23 | 2.91 | 11.31 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 15.64 | 20.65 | 10.27 | 11.56 | 19.70 |
| Net Margin
| 8.12 | 12.24 | 4.10 | 4.58 | 12.04 |
| Return on equity
| 7.72 | 13.46 | 4.52 | 4.41 | 12.42 |
| Return on Capital
| 10.53 | 15.11 | -- | 7.57 | 13.62 |
| Return on Assets
| 4.20 | 6.98 | 2.28 | 2.18 | 6.42 |
| Debt to Equity (x)
| -- | -- | 0.10 | 0.51 | 0.51 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
7.57
|
13.62
|
19.31
|
20.04
|
|
Peer Median
|
--
|
24.91
|
20.04
|
--
|
--
|
ROE
4.52
Lower than Peers by 14.75
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
4.52
|
4.41
|
12.42
|
17.28
|
18.19
|
|
Peer Median
|
19.27
|
20.39
|
18.19
|
--
|
--
|
ROA
2.28
Lower than Peers by 10.13
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
2.28
|
2.18
|
6.42
|
9.50
|
9.90
|
|
Peer Median
|
12.41
|
10.19
|
10.25
|
--
|
--
|
EBIT Margin
10.27
Higher than Peers by 4.63
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
10.27
|
11.56
|
19.70
|
25.40
|
25.48
|
|
Peer Median
|
5.64
|
6.36
|
4.63
|
--
|
--
|
Net Margin
4.10
Lower than Peers by 0.99
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
4.10
|
4.58
|
12.04
|
16.22
|
16.16
|
|
Peer Median
|
5.09
|
9.93
|
10.52
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
10.87
|
16.98
|
20.53
|
19.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-1.73
Lower than Peers by 9.14
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
-1.73
|
-4.02
|
2.01
|
9.92
|
21.70
|
|
Peer Median
|
7.41
|
9.50
|
6.58
|
--
|
--
|
EBIT Growth
-37.14
Lower than Peers by 73.37
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
-37.14
|
-43.66
|
-20.90
|
9.61
|
46.73
|
|
Peer Median
|
36.23
|
48.79
|
0.34
|
--
|
--
|
Net Profit Growth
-54.64
Lower than Peers by 86.40
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
-54.64
|
-63.46
|
-24.77
|
11.02
|
61.20
|
|
Peer Median
|
31.77
|
57.93
|
31.45
|
--
|
--
|
EPS Growth
-56.95
Lower than Peers by 101.50
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
-56.95
|
-63.48
|
-24.77
|
10.82
|
50.39
|
|
Peer Median
|
44.54
|
54.75
|
18.75
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
-0.17
|
5.98
|
3.26
|
35.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.10
Higher than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
0.10
|
0.51
|
0.51
|
0.55
|
0.36
|
|
Peer Median
|
0.02
|
0.20
|
0.32
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
0.34
|
0.34
|
0.39
|
0.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.43
Lower than Peers by 0.52
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
1.43
|
1.43
|
1.42
|
1.30
|
1.47
|
|
Peer Median
|
1.94
|
1.78
|
1.57
|
--
|
--
|
Quick Ratio
0.90
Lower than Peers by 0.46
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
0.90
|
0.90
|
0.86
|
0.79
|
0.92
|
|
Peer Median
|
1.36
|
1.20
|
1.07
|
--
|
--
|
Interest Coverage
2.11
Lower than Peers by 7.27
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
2.11
|
2.13
|
3.98
|
5.81
|
6.41
|
|
Peer Median
|
9.38
|
13.58
|
13.22
|
--
|
--
|
Operating Efficiency
Debtors to sales
39.62
Higher than Peers by 26.84
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
39.62
|
42.67
|
40.47
|
29.87
|
22.18
|
|
Peer Median
|
12.78
|
12.55
|
9.19
|
--
|
--
|
Asset Turnover
0.55
Lower than Peers by 2.17
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
0.55
|
0.51
|
0.57
|
0.62
|
0.65
|
|
Peer Median
|
2.72
|
2.23
|
2.84
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
144.36
|
119.04
|
85.20
|
73.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
127.64
|
121.96
|
112.95
|
112.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
284.58
|
356.54
|
386.65
|
324.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
--
|
-12.58
|
-115.54
|
-188.50
|
-137.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
50.27
Lower than Peers by 46.11
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
50.27
|
45.93
|
32.39
|
49.83
|
36.86
|
|
Peer Median
|
96.38
|
83.52
|
54.41
|
--
|
--
|
Price / Book Value
2.14
Lower than Peers by 10.21
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
2.14
|
2.03
|
3.91
|
8.47
|
5.83
|
|
Peer Median
|
12.35
|
12.18
|
7.32
|
--
|
--
|
Dividend Yield
1.36
Higher than Peers by 1.15
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
1.36
|
1.43
|
1.34
|
1.54
|
2.27
|
|
Peer Median
|
0.21
|
0.38
|
0.25
|
--
|
--
|
EV/EBITDA
14.24
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
14.24
|
13.57
|
16.75
|
26.39
|
20.23
|
|
Peer Median
|
--
|
68.41
|
59.06
|
--
|
--
|
Market Cap
1,245
Lower than Peers by 42,864
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Sula Vineyards
|
1,245
|
1,178
|
2,274
|
4,650
|
3,098
|
|
Peer Median
|
44,109
|
36,271
|
16,092
|
--
|
--
|