SULA

What Sula Vineyards promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 18 tracked 5 delivered 4 missed 9 open
  • Telangana Market Sales delivered said Q2 FY26 Promised: start from December 1 itself. So, we would get a good benefit of that within Q3 itself Q1 FY27: Promise achieved in Q3 FY26. Management confirmed Telangana delivered strong double-digit growth in Q1 FY27, continuing the positive trend.
  • Operating Margins missed said Q1 FY26 Promised: improvement of a couple of hundred basis points in operating margins in second half of this financial year Q1 FY27: Promise was definitively missed in FY26. New guidance for FY27 is to recover to FY26 levels before year-end.
  • Room Capacity (Keys) on track said Q4 FY26 Promised: crossing significantly more than 200 keys with our next project, which we should hope to deliver within the next 1.5 years if all goes well Q1 FY27: The acquisition of the former Chandon estate (Domain RASA) is a significant step towards expanding the wine tourism footprint, though the key count remains at 154 for now.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 18 tracked commitments for Sula Vineyards — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens