Sula Vineyards Q4 Revenue Up 7% on Tourism Growth

Sula Vineyards reported 7% YoY revenue growth in Q4 FY26 to ₹142 crore, driven by a recovery in own brands and a 17% surge in wine tourism.
Wine tourism revenue crossed ₹100 crore for the first time in FY26, with footfalls exceeding 4 lakh visitors and room capacity expanding by 50% to 154 keys.
EBITDA was impacted by a higher-cost grape mix and a one-off gain in the prior year, but cost control measures helped maintain absolute EBITDA levels.
Management outlined an aggressive wine tourism expansion strategy, including the acquisition of Chandon's estate and new projects for FY27.