Sula Vineyards Share Price Target 2025, 2026, 2028, 2029, 2030
Explore the detailed analysis of Sula Vineyards NSE:SULA including stock fundamentals, earnings, forecasts, and expert insights. This article covers Sula Vineyards Share Price Target Tomorrow, 2025, 2026, 2027, 2028, 2029 and 2030, giving you everything you need to make informed investment decisions.
🏢 Company Overview
Sula Vineyards Ltd, incorporated in 2003, is India’s largest and most recognized wine producer and seller. It holds over 50% market share in the Indian wine industry and leads across red, white, and sparkling wine categories. With iconic labels like Sula, RASA, Dindori, and The Source, the company also pioneers wine tourism through its Nashik and Karnataka vineyards, hosting over 330,000 visitors annually.
-
Website: sulavineyards.com
-
Listed On: NSE: SULA | Price: ₹321 (as on 11 June 2025)
-
Market Cap: ₹2,707 Cr
-
ROCE: 13.2% | ROE: 12.3% | Dividend Yield: 1.12%
📊 Sula Vineyards Fundamental Analysis
| Metric | Value |
|---|---|
| Stock P/E | 38.7 |
| Book Value | ₹69.5 |
| Debt to Equity | 0.54 |
| Promoter Holding | 24.7% |
| PEG Ratio | 0.76 |
| Net Profit FY25 | ₹70.2 Cr |
| EPS (FY25) | ₹8.32 |
| RSI (11 June) | 70.6 (Near Overbought) |
| Free Cash Flow (3Y Avg) | ₹76.8 Cr |
🔮 Sula Vineyards Share Price Target Tomorrow
With recent positive momentum (+28.2% in 3 months), technical indicators such as RSI > 70 and strong volume activity suggest possible bullish consolidation around ₹325–₹335 in the short term.
📅 Sula Vineyards Share Price Target 2025
Sula’s sustained dominance in premium wines, rising D2C sales, and growing wine tourism revenue make FY25 a key inflection point. However, flat profit growth and weak H1 performance may cap upside. Expansion plans in FY26 can improve margins moving forward.
📈 2025 Share Price Target Table
| Scenario | Target Price (₹) |
|---|---|
| Bull Case | 390 |
| Base Case | 350 |
| Bear Case | 305 |
📅 Sula Vineyards Share Price Target 2026
In FY26, Sula plans to expand its tourism business, targeting 75% renewable energy use and launching a 30-room resort. If successful, these initiatives can boost revenue diversification and investor confidence, potentially lifting valuations.
📈 2026 Share Price Target Table
| Scenario | Target Price (₹) |
|---|---|
| Bull Case | 440 |
| Base Case | 390 |
| Bear Case | 330 |
📅 Sula Vineyards Share Price Target 2027
With improved occupancy in resorts, expanded D2C channels, and greater brand penetration in Tier-1 cities and exports, FY27 could mark strong top-line growth. Strong cash flows can enable debt reduction and improve net margins.
📈 2027 Share Price Target Table
| Scenario | Target Price (₹) |
|---|---|
| Bull Case | 510 |
| Base Case | 435 |
| Bear Case | 370 |
📅 Sula Vineyards Share Price Target 2028
By 2028, Sula’s diversified wine offerings and sustainable operations could help it command a premium P/E. Global exposure and evolving Indian tastes toward premium wines may fuel volume-led growth.
📈 2028 Share Price Target Table
| Scenario | Target Price (₹) |
|---|---|
| Bull Case | 575 |
| Base Case | 480 |
| Bear Case | 410 |
📅 Sula Vineyards Share Price Target 2029
If D2C channels scale effectively and operating leverage kicks in, 2029 could be the year Sula crosses ₹100 Cr+ in net profits. Tourism contribution is expected to be a key driver of margin expansion.
📈 2029 Share Price Target Table
| Scenario | Target Price (₹) |
|---|---|
| Bull Case | 630 |
| Base Case | 520 |
| Bear Case | 440 |
📅 Sula Vineyards Share Price Target 2030
2030 could be a breakout year, with sustainability goals aligned and a strong retail presence established. If the company achieves net-zero roadmap milestones and expands internationally, significant re-rating is possible.
📈 2030 Share Price Target Table
| Scenario | Target Price (₹) |
|---|---|
| Bull Case | 710 |
| Base Case | 580 |
| Bear Case | 470 |
🤔 Should I Buy Sula Vineyards Stock?
📅 Consolidated Year-Wise Price Targets
| Year | Bull Case (₹) | Base Case (₹) | Bear Case (₹) |
|---|---|---|---|
| 2025 | 390 | 350 | 305 |
| 2026 | 440 | 390 | 330 |
| 2027 | 510 | 435 | 370 |
| 2028 | 575 | 480 | 410 |
| 2029 | 630 | 520 | 440 |
| 2030 | 710 | 580 | 470 |
If you’re a long-term investor seeking consistent returns and exposure to India’s growing premium beverage segment, Sula offers a differentiated bet with relatively lower volatility compared to other F&B stocks.
📊 Sula Vineyards Financials (2024–2030 Forecast)
| Year | Revenue (Cr) | Net Profit (Cr) | EPS (₹) | OPM (%) | Dividend (₹) |
|---|---|---|---|---|---|
| 2024 | 568 | 93 | 11.06 | 31% | 2.0 |
| 2025 | 579 (Est.) | 70 | 8.32 | 26% | 1.6 |
| 2026 | 615 (Est.) | 85 | 10.1 | 28% | 2.0 |
| 2027 | 670 (Est.) | 100 | 11.8 | 29% | 2.2 |
| 2028 | 740 (Est.) | 115 | 13.4 | 30% | 2.5 |
| 2029 | 810 (Est.) | 130 | 15.0 | 31% | 2.8 |
| 2030 | 880 (Est.) | 145 | 16.7 | 31.5% | 3.0 |
📌 Is Sula Vineyards Stock Good to Buy? (Bull vs Bear Case)
🟢 Bull Case
-
Strong leadership in the premium wine segment.
-
Expanding wine tourism revenue.
-
Sustainable practices (solar, EV, net zero).
-
Direct-to-consumer channel scaling.
-
High margin business with long-term grape contracts.
🔴 Bear Case
-
Flat net profit growth in FY25.
-
Volatile input costs (grape yield & weather).
-
Low promoter holding (24.7%).
-
High P/E compared to peers.
-
Limited brand awareness outside urban India.
🧾 Conclusion
Sula Vineyards stands out as a niche, premium beverage stock riding on India’s evolving lifestyle and tourism habits. While FY25 performance was muted, the company’s long-term strategy—rooted in tourism, sustainability, and direct distribution—offers multi-year growth potential. A great pick for patient investors seeking diversification beyond traditional FMCG.
❓ Frequently Asked Questions (FAQs)
🔎 What is Sula Vineyards share price target for 2025?
The base case target is ₹350; bullish scenario may take it to ₹390.
🔎 What is Sula Vineyards share price target for 2026?
The base case target is ₹390; bullish scenario may take it to ₹440.
🔎 What is Sula Vineyards share price target for 2027?
The base case target is ₹435; bullish scenario may take it to ₹510.
🔎 What is Sula Vineyards share price target for 2028?
The base case target is ₹480; bullish scenario may take it to ₹575.
🔎 What is Sula Vineyards share price target for 2029?
The base case target is ₹520; bullish scenario may take it to ₹630.
🔎 What is Sula Vineyards share price target for 2030?
The base case target is ₹580; bullish scenario may take it to ₹710.
🔎 Is Sula Vineyards a good long-term investment?
Yes, due to brand leadership, wine tourism growth, and high-margin products.
🔎 Is Sula Vineyards debt free?
No, Sula Vineyards Ltd is not debt-free with a debt-to-equity ratio of 0.54.
🔎 Who owns Sula Vineyards?
Promoters currently hold 24.7% of the company post IPO (Dec 2022).
🔎 What is the revenue model of Sula Vineyards?
88% revenue comes from wine production (own brands), 9.7% from wine tourism.
🔗 Internal & External Links
📌 Related Reading:
One Comment