Introduction:
Mukul Agrawal stock reported a 35% drop in Q3 FY25 net profit, missing estimates. Revenue declined slightly, while EBITDA fell sharply. Despite financial setbacks, the company plans expansions, including a new resort, tasting rooms, and battery energy storage for improved efficiency.
Share Price movement of Sula Vineyards:
On February 6, 2025, Sula Vineyards Ltd opened at ₹355.25, down 2.60% from its previous close of ₹364.70. The stock hit a high of ₹355.25 and a low of ₹347.50. It last traded at ₹349.50, a 5% decline, with a market cap of ₹2,950.12 crore.
Sula Vineyards Q3 Results:
Sula Vineyards reported a 35% decline in consolidated net profit for Q3 FY25, falling to ₹28.1 crore from ₹43 crore in the previous year, missing analysts’ ₹40 crore estimate. Revenue slipped 0.4% to ₹200.2 crore, while EBITDA dropped 26% to ₹53.1 crore.
The company’s margins narrowed to 26.5% from 35.4%, missing the 33% estimate. Despite financial setbacks, Sula plans to expand its hospitality segment by launching a 3,500 sq ft tasting room and bottle shop at ND Wines, alongside enhancements at Domaine Sula in FY26.
Future expansions include a 30-key resort with convention facilities at York Winery by FY26 and battery energy storage installation of up to two megawatts in Q3 FY26. These initiatives aim to improve energy efficiency and expand Sula’s premium wine experience offerings.
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Recent news About Sula Vineyards :
In December 2024, Sula Vineyards appointed Gorakh Gaikwad as Chief Operating Officer, effective December 21, 2024. This strategic move aims to strengthen the company’s leadership and drive growth in India’s expanding wine market.
Ace investor holding of Sula Vineyards:
Mukul Mahavir Agrawal holds a 1.01% stake in Sula Vineyards Ltd, owning 11 lakh shares valued at ₹28.6 crore. With no changes from the previous quarter, his investment reflects confidence in the company’s growth potential, particularly in the steel pipes and lighting segments.
Eshaanika Raje owns a 1.26% stake in Sula Vineyards Ltd, holding 10.64 lakh shares worth ₹37.2 crore. Her investment remains unchanged from the previous quarter, indicating continued belief in the company’s expansion strategy in India’s premium wine and hospitality sector.
Stock performance of Sula Vineyards for Period of 1 week, 6 months and 1 year:
Sula Vineyards stock gained 5.33% over the past week, reflecting short-term positivity. However, over six months, it declined by 25.2%, indicating market challenges. The stock saw a significant 43.2% drop over the past year, highlighting continued struggles despite recent recovery efforts.
Shareholding pattern of Sula Vineyards:
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 24.66 | 24.66 | 25.47 |
FII | 9.61 | 10.6 | 12.03 |
DII | 19.89 | 21.68 | 22.23 |
Retail & others | 45.84 | 43.04 | 40.26 |
About Sula Vineyards:
Sula Vineyards is India’s leading wine producer, known for its premium wines and vineyard resorts. The company dominates the domestic wine market, expanding through wine tourism, tasting rooms, and hospitality ventures, while focusing on sustainable production and renewable energy initiatives.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.