Sula Vineyards Ltd.

Financial

	Sula Vineyards	Globus Spirits	Assoc Alcohols &Brew
Operational Metrics
Alcoholic Beverages
Manufacturing Capacity - Wine	182.0 Lakh Lt	n/a	n/a
Capacity Utilization - Wine	115.5 %	n/a	n/a
Quarterly Sales Volume - Wine	265313.0 Mn Cases	n/a	n/a
Hotels & Hospitality Sectors
Revenue Per Available Room per Day (RevPAR)	9222.0 Rs	n/a	n/a
Occupancy Rate	87.0 %	n/a	n/a
Unclassified
Average Daily Rate (ADR)	10600.0 Rs	n/a	n/a
Financials
5 yr Average ROE	11.75 %	12.92 %	11.66 %
5yr average Equity Multiplier	2.0	1.84	2.42
5yr Average Asset Turnover Ratio	0.53	1.31	1.26
5yr Avg Net Profit Margin	11.55 %	5.56 %	4.31 %
Price to Book	4.37	2.78	3.96
P/E	36.51	118.19	25.29
5yr Avg Cash Conversion Cycle	-115.54 Days	-9.42 Days	20.15 Days
Inventory Days	121.63 Days	21.9 Days	43.84 Days
Days Receivable	119.04 Days	28.16 Days	9.54 Days
Days Payable	312.98 Days	55.48 Days	74.56 Days
5yr Average Interest Coverage Ratio	4.27	6.76	2.33
5yr Avg ROCE	18.02 %	16.27 %	14.18 %
5yr Avg Operating Profit Margin	25.94 %	11.79 %	9.08 %
5 yr average Debt to Equity	0.6	0.39	0.8
5yr CAGR Net Profit	94.53 %	33.1 %	36.44 %
5yr Average Return on Assets	6.26 %	7.14 %	5.56 %
Shareholdings
Promoter Holding	24.66 %	50.9 %	59.29 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	-2.67 %	-0.11 %	0.84 %
Change in Mutual Fund Holding (3 Yrs)	12.56 %	4.0 %	0.0

Business

	Sula Vineyards	Globus Spirits	Assoc Alcohols &Brew
Product Wise Break-Up	Product Wise Break-Up Wine Business 82.34 Wine Tourism 15.33 Franchisee Imfl 0 IMIL 0 Bulk Alcohol 0 Sanitizer 0 Packing Material 0 By Product 0 Spirit 0 Packed Potable Alcohol 0 Others 2.33	Product Wise Break-Up By Product 0 Franchisee fees 1.19 Wine Business 0 Packed Potable Alcohol 0 Spirit 0 Sanitizer 0 Packing Material 0 Bulk Alcohol 83.1 IMIL 0 Wine Tourism 0 Others 15.71	Product Wise Break-Up By Product 6.49 Franchisee Imfl 0 Wine Business 0 Packed Potable Alcohol 64.68 Spirit 20.46 Sanitizer 0 Packing Material 0 Bulk Alcohol 0 IMIL 0 Wine Tourism 0 Others 8.37
Location Wise Break-Up	Location Wise Break-Up India 99.27 Rest of India 0 Others 0.73	-	Location Wise Break-Up Rest of India 0.52 India 99.48
Distribution Channel	Distribution Channel 0 Direct Sale 0 Others 100	-	Distribution Channel Through Distribution Channel/ Intermediary 39.49 Direct 60.51
Brand Wise Break-Up	Brand Wise Break-Up Elite Wine 76.0 Economy Wine 24.0 Popular Wine 0 Premium Wine 0 Franchised brands 0 Own brands 0 Merchant ENA 0 Job-working 0 IMIL 0	-	Brand Wise Break-Up Own brands 0 Merchant ENA 11.0 Franchised brands 0 Elite Wine 0 Job-working 0 Popular Wine 0 Economy Wine 0 Premium Wine 0 IMIL 13.0 Others 76.0
Asset Break-Up - Geography Wise	Asset Break-Up - Geography Wise Others 100	-	-