Sula Vineyards Key Ratios

Stock Card

NSE: SULA | BSE: 543711

₹137.79

₹0.02 (0.01%)

As on 06-Nov-2026IST

Market cap

₹1,163 Cr

Revenue (TTM)

₹604 Cr

P/E Ratio

43.3

P/B Ratio

Div. Yield

1.5 %

Key Ratios and Highlights

Growth Score (%)	Quarterly		Annual (TTM)
Particulars	QoQ	YoY	1-Year	3-Years	5-Years
Revenue	20.41	4.14	-0.53	0.89	7.57
EBIT	171.04	7.13	-29.55	-23.68	12.77
Net Profit	663.21	34.39	-42.59	-32.19	55.68
EPS	663.35	34.40	-45.30	-33.30	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	10.36	11.56	19.70
Net Margin	8.12	12.24	4.40	4.58	12.04
Return on equity	7.72	13.46	4.82	4.41	12.42
Return on Capital	10.53	15.11	--	7.57	13.62
Return on Assets	4.20	6.98	2.50	2.18	6.42
Debt to Equity (x)	--	--	0.08	0.51	0.51

Profitability

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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	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROE

4.82

Lower than Peers by 14.45

Profit after tax / Average Net worth * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	4.82	4.41	12.42	17.28	18.19
Peer Median	19.27	20.39	18.19	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROA

2.50

Lower than Peers by 9.91

Profit after tax / Average Total assets * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	2.50	2.18	6.42	9.50	9.90
Peer Median	12.41	10.19	10.25	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Margin

10.36

Higher than Peers by 4.72

Operating profit (EBIT) / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	10.36	11.56	19.70	25.40	25.48
Peer Median	5.64	6.36	4.63	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Margin

4.40

Lower than Peers by 0.69

Net profit / Total Income (Net sales plus other income) * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	4.40	4.58	12.04	16.22	16.16
Peer Median	5.09	9.93	10.52	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

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Revenue Growth

-0.53

Lower than Peers by 7.94

Year on year growth in net sales

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	-0.53	-4.02	2.01	9.92	21.70
Peer Median	7.41	9.50	6.58	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Growth

-29.55

Lower than Peers by 65.78

Year on year growth in operating profit (EBIT)

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	-29.55	-43.66	-20.90	9.61	46.73
Peer Median	36.23	48.79	0.34	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Profit Growth

-42.59

Lower than Peers by 74.36

Year on year growth in profit after tax

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	-42.59	-63.46	-24.77	11.02	61.20
Peer Median	31.77	57.93	31.45	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EPS Growth

-45.30

Lower than Peers by 89.85

Year on year growth in earnings per share

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	-45.30	-63.48	-24.77	10.82	50.39
Peer Median	44.54	54.75	18.75	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

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Debt to Equity

0.08

Higher than Peers by 0.06

Total debt / Net worth

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	0.08	0.51	0.51	0.55	0.36
Peer Median	0.02	0.20	0.32	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Current Ratio

1.47

Lower than Peers by 0.48

Current Assets / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	1.47	1.43	1.42	1.30	1.47
Peer Median	1.94	1.78	1.57	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Quick Ratio

1.02

Lower than Peers by 0.34

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	1.02	0.90	0.86	0.79	0.92
Peer Median	1.36	1.20	1.07	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Interest Coverage

2.25

Lower than Peers by 7.13

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	2.25	2.13	3.98	5.81	6.41
Peer Median	9.38	13.58	13.22	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

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Debtors to sales

42.85

Higher than Peers by 30.07

Debtors outstanding / Net Sales * 100

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	42.85	42.67	40.47	29.87	22.18
Peer Median	12.78	12.55	9.19	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Asset Turnover

0.56

Lower than Peers by 2.16

Sales / Average Total Assets

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	0.56	0.51	0.57	0.62	0.65
Peer Median	2.72	2.23	2.84	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

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	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

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Price / Earnings

43.34

Lower than Peers by 53.04

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	43.34	45.93	32.39	49.83	36.86
Peer Median	96.38	83.52	54.41	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Price / Book Value

2.00

Lower than Peers by 10.34

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	2.00	2.03	3.91	8.47	5.83
Peer Median	12.35	12.18	7.32	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Dividend Yield

1.45

Higher than Peers by 1.25

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	1.45	1.43	1.34	1.54	2.27
Peer Median	0.21	0.38	0.25	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EV/EBITDA

13.38

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	13.38	13.57	16.75	26.39	20.23
Peer Median	--	68.41	59.06	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Market Cap

1,163

Lower than Peers by 42,946

Current Share price multiplied by latest total number of shares outstanding

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Sula Vineyards	1,163	1,178	2,274	4,650	3,098
Peer Median	44,109	36,271	16,092	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.