Sula FY26: Q4 Revenue Up 7%, Tourism Hits INR 100 Cr

Sula Vineyards has reported a 7% rise in revenue for the fiscal year 2025-26, driven by strong growth in its tourism segment. The company's wine business saw steady performance, while its hospitality arm, which includes resorts and tasting rooms, has crossed the INR 100 crore revenue mark. This milestone highlights Sula's successful diversification beyond just wine sales into experiential tourism.

For investors, this news signals a robust recovery and expansion in the company's business model. The growth in the tourism vertical adds a new revenue stream that can buffer against seasonal fluctuations in the wine market. It also suggests that consumer demand for experiential leisure in India remains strong.

Moving forward, investors should watch the company's ability to maintain margins in its hospitality division. While the revenue is positive, operational costs for resorts can be high. Keeping an eye on the company's future guidance will be key to understanding if this tourism momentum can be sustained in the coming quarters.