Sula Vineyards Ltd Share Price: Do you know that Sula Vineyards Ltd is one of those companies that is often banned because it is a liquor-selling company that remains in the news due to its production and marketing? In today’s article, we will talk about Sula Vineyards Stock Price Target 2024 to 2030, which has been told to the market by analysts.
Sula Vineyards Limited Company Overview
The company was founded in 1999 by CEO Rajeev Suresh Samant and is headquartered in Mumbai. Sula Vineyards is famous locally and internationally for its production and marketing.
Each bottle of its product is named Sula Vines, and the company says that it is its passion and commitment to make, sell and supply good Vines in India and outside India, which is both environmentally and eco-friendly.
For information, let us tell you that Sula Vines also makes perfume wine, which is made from premium grapes of India in Mumbai and Karnataka. Rajeev Samant opened his first setup Vineyard in Nashik in 1996.
The company has also received an award for Sula Vines, due to being a global brand, this company remains in the news a lot.
Sula Yard company makes and sells premium quality wine from its 7% bottled grapes in the Indian market. This is India’s only Vines company which is currently available on the NSE and BSE stock exchange.
| Company Name | Sula Vineyards Ltd. |
| Founded | 1996 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Breweries & Distilleries |
| CEO | Rajeev Samant |
| Stock Exchange Listing | NSE & BSE |
| Official Website | sulavineyards.com |
Sula Vineyards Ltd Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹3,644.80 Cr. |
| ROE | 16.77% |
| ROCE | 18.88% |
| P/E | 47.5 |
| P/B | 6.5 |
| Div. Yield | 1.97% |
| Book Value | ₹66.45 |
| Face Value | ₹2 |
| EPS (TTM) | ₹9.09 |
| 52 Week High | ₹699.75 |
| 52 Week Low | ₹385.35 |
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Sula Vineyards Ltd Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 5.70B | 10.23% |
| Operating expense | 2.73B | 14.48% |
| Net income | 933.10M | 11.02% |
| Net profit margin | 16.38 | 0.68% |
| Earnings per share | 11.05 | 8.55% |
| EBITDA | 1.71B | 12.27% |
| Effective tax rate | 25.81% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 971.90M | 493.71% |
| Total assets | 10.26B | 16.45% |
| Total liabilities | 4.76B | 36.36% |
| Total equity | 5.50B | — |
| Shares outstanding | 84.40M | — |
| Price to book | 6.54 | — |
| Return on assets | 9.57% | — |
| Return on Capital | 11.35% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 933.10M | 11.02% |
| Cash from operations | 1.21B | 34.79% |
| Cash from investing | -428.50M | 42.39% |
| Cash from financing | 24.80M | 126.50% |
| Net change in cash | 808.20M | 1,209.89% |
| Free cash flow | 549.48M | 1,227.47% |
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Sula Vineyards Ltd Share Price Target 2024 to 2030
| Year | Target Price |
|---|---|
| Sula Vineyards Ltd Share Price Target 2024 | ₹505 |
| Sula Vineyards Ltd Share Price Target 2025 | ₹634 |
| Sula Vineyards Ltd Share Price Target 2026 | ₹810 |
| Sula Vineyards Ltd Share Price Target 2027 | ₹992 |
| Sula Vineyards Ltd Share Price Target 2028 | ₹1135 |
| Sula Vineyards Ltd Share Price Target 2029 | ₹1300 |
| Sula Vineyards Ltd Share Price Target 2030 | ₹1510 |
Sula Vineyards Ltd Shareholding Pattern
- Retail & Others: 43.06%
- Promoters: 24.66%
- Mutual Funds: 19.36%
- Foreign Institutions: 10.60%
- Other Domestic Institutions: 2.32%
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Sula Vineyards Ltd Competitors/Peer Companies
- Globus Spirits
- Ravi Kumar Distilleries
- United Breweries
How Sula Vineyards Make Alcohol?
- Harvesting: Grapes are removed from the plant. All this work is either done by them or they get it done by someone else or they do it by machine.
- Crushing and Pressing: After plucking grapes, they crush and press them, due to which juice starts coming out from them, due to which red wine 🍷 and white wine 🍷 can be made and seeds can also be made by removing the juice.
- Fermentation: Yeast converts the sugar inside into alcohol and carbon dioxide in a few days and it is kept at a controlled temperature for a few weeks, due to which Sula Vineyard gets its favourite wine.
- Malolactic Fermentation (Optional): This is a secondary process that converts Malic Acid into Lactic Acid due to which the wine becomes soft.
- Ageing: Wine is kept in stainless steel tanks, oak barrels or bottles. The better the alcohol, the more complexity and time it takes.
- Clarification: Solids and impurities are removed through racking, fining and filtration for a clear and stable wine.
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Market Position
- Market Leadership: Sula Vineyards is the Market Leader in the Indian Wine Industry, which shows their statistics and market size, how they have earned huge profits in a few consecutive years.
- Distribution and Reach: Sula Vineyards Industry sells its wine in India and outside India due to its distribution strategy as they do their business in retail stores, online platforms and export markets, which gives them very good profit.
- Business Strategy: As you all know, every business has to use some business strategy to sell its products Sula Wine Industry is reaching its business products to the customers through branding marketing and is putting a lot of effort into customer care engagement.
- Sula Wines intends to sell its products as a premium brand in the Indian market and after India in the international market.
Future Plans
- Expansion Plans: Sula Wine wants to increase the production capacity of its industry and expand its vineyard to more acres, due to which it will be able to enter new markets as well.
- Innovation in Winemaking: As you all know, Sula Wine Industry takes great care of innovations so that more and more things are added to their wine and the best wine is made and sold.
- Market Trend: Seeing the emerging market, there is a huge boom in the wine industry, due to which the demand for organic wines is increasing, due to premium wines being sold more, and the Sula Wine Industry is getting more profit.
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Conclusion
As you all know making premium wine proves to be very good, due to which your wine is sold at a good rate in India and Internationally. In the coming time, more people will consume premium wine, which will benefit the Sula Wine Industry more. In this post, you got to know about the alcohol business, and how Sula Wine Yard is running its business and earning profit.
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FAQs
-
Is Sula a good stock to buy?
Yes.
-
Is Sula a profitable company?
Yes.
-
Is Sula good for long term?
Yes.
-
Is Sula Vineyards debt free?
No.
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Are Sula Vineyards overvalued or undervalued?
Overvalued.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
