Fratelli Vineyards Ltd

₹ 107 -4.97%

13 Nov - close price

About

Fratelli Vineyard is engaged in the business of manufacturing, importing, exporting, processing and selling of wines and alcoholic beverages^[1]

Key Points

History^[1]
Tinna Trade Limited (earlier name of the company) initially specialized in trading agricultural commodities but faced challenges due to volatile global markets and geopolitical uncertainties. In FY25, they pivoted towards a transformative business model by acquiring Fratelli Wines Ltd., a leading Indian winemaker with a diverse portfolio. Rebranded as Fratelli Vineyards Limited, they are now dedicated to winemaking, vineyard tourism, and expanding its presence in the premium Indian wine market.

Website BSE

Market Cap ₹ 501 Cr.
Current Price ₹ 107
High / Low ₹ 140 / 60.4
Stock P/E
Book Value ₹ 28.8
Dividend Yield 0.00 %
ROCE -4.94 %
ROE -17.3 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Cons

Stock is trading at 3.72 times its book value
Company has low interest coverage ratio.
Company has a low return on equity of -15.5% over last 3 years.
Company has high debtors of 251 days.
Promoter holding has decreased over last 3 years: -16.6%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Fast Moving Consumer Goods Fast Moving Consumer Goods Beverages Breweries & Distilleries

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	139.96	113.21	118.64	150.17	62.09	57.91	31.92	36.51	45.88	63.60	35.30	44.72	45.24
YoY Sales growth				+89.44%	-55.64%	-48.85%	-73.10%	-75.69%	-26.11%	+9.83%	+10.59%	+22.49%	-1.39%
	128.95	100.62	118.83	145.60	61.34	58.36	42.85	39.48	45.09	64.19	40.30	44.43	46.72
Operating Profit	11.01	12.59	-0.19	4.57	0.75	-0.45	-10.93	-2.97	0.79	-0.59	-5.00	0.29	-1.48
OPM %	7.87%	11.12%	-0.16%	3.04%	1.21%	-0.78%	-34.24%	-8.13%	1.72%	-0.93%	-14.16%	0.65%	-3.27%
	0.94	0.73	1.05	0.68	1.05	2.01	0.51	0.75	0.54	0.96	0.96	0.66	1.51
Interest	3.20	3.43	3.93	3.89	3.89	3.29	2.51	3.30	3.45	3.19	3.33	3.52	3.94
Depreciation	1.62	1.71	1.74	1.82	1.90	1.97	1.61	2.27	2.31	2.14	2.12	2.39	2.41
Profit before tax	7.13	8.18	-4.81	-0.46	-3.99	-3.70	-14.54	-7.79	-4.43	-4.96	-9.49	-4.96	-6.32
Tax %	26.79%	25.79%	-22.45%	-8.70%	-27.07%	-24.86%	-24.76%	-25.29%	-25.28%	76.01%	-25.61%	-26.01%	-24.53%
	5.21	6.07	-3.73	-0.43	-2.91	-2.77	-10.95	-5.82	-3.31	-8.72	-7.05	-3.67	-4.77
EPS in Rs	-0.22	0.57	-0.62	0.62	-0.66	-0.63	-2.48	-1.32	-0.75	-1.97	-1.59	-0.83	-1.08
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2024	Mar 2025	Mar 2026	TTM
	416	464	488	295	245	421	276	153	189
Sales growth		+11%	+5%	-40%	-17%		-34%	-45%	+10%
	405	458	478	293	243	392	282	160	196
Operating Profit	11	6	9	1	1	29	-5	-7	-7
OPM %	2.7%	1.4%	1.9%	0.5%	0.6%	7%	-2.0%	-4.9%	-3.6%
	3	6	2	2	4	3	4	3	4
Interest	5	10	7	4	4	14	14	13	14
Depreciation	3	3	3	3	3	7	7	9	9
Profit before tax	6	-0	2	-4	-2	12	-23	-27	-26
Tax %	42%	-16%	19%	-27%	-16%	28%	-25%	-7%
	3	-0	2	-3	-1	9	-17	-25	-24
EPS in Rs		-0.37	2.00	-3.59	-1.89	-0.17	-3.17	-5.62	-5.47
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	%
5 Years:	-9%
3 Years:	%
TTM:	10%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-6%

Stock Price CAGR
10 Years:	%
5 Years:	49%
3 Years:	48%
1 Year:	-19%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	-15%
Last Year:	-17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2024	Mar 2025	Mar 2026	Sep 2026
Equity Capital	5	9	9	9	9	9	43	43	43
Reserves	24	21	23	20	18	14	113	92	84
	68	72	24	36	26	138	121	138	156
	22	24	24	22	16	187	56	73	75
Total Liabilities	120	126	79	87	68	348	334	347	358
	34	31	28	25	1	61	90	96	98
CWIP	1	1	1	1	0	5	8	7	7
Investments	3	4	4	4	4	1	0	0	0
	82	90	46	57	63	281	235	243	253
Total Assets	120	126	79	87	68	348	334	347	358

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2024	Mar 2025	Mar 2026
	8	-1	51	-13	3	7	-7	5
	-15	7	6	2	-1	-21	-34	-12
	5	-5	-54	8	-4	25	25	6
Net Cash Flow	-1	1	3	-3	-2	11	-16	-0
Free Cash Flow	7	-1	51	-14	2	-11	-47	-7
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	87%	56%	551%	-913%	198%	30%	56%	-59%

Ratios

Consolidated / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2024	Mar 2025	Mar 2026
Debtor Days	9	42	14	21	14	117	145	251
Inventory Days	48	10	7	29	54	137	220	2,048
Days Payable	4	7	9	7	20	82	60	583
Cash Conversion Cycle	53	44	12	43	48	172	306	1,716
Working Capital Days	-5	2	4	11	28	45	113	136
ROCE %		9%	10%	1%	4%		-4%	-5%

Insights

In beta

Mar 2010

Mar 2018

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Premium & Above Share of Revenue
% ・Standalone data

			xx	xx	xx	xx	xx	xx
xxx					xxx	xxx	xxx	xxx
			xx	xx	xx	xx		xx
	x.xx	x.xx				x.xx	x.xx	x.xx
						xx,xxx	xx,xxx	xx,xxx
						xx	xx	xx
						x	xx	xx
								xxx,xxx

Please log in to see hidden values.

Active Vineyard Area
Acres ・Standalone data

HoReCa Market Share in Key States
% ・Standalone data

Winery Installed Capacity
Million Litres ・Standalone data

Distribution Touchpoints
Number ・Standalone data

Domestic Wine Market Share
% ・Standalone data

Number of Countries Exported
Number ・Standalone data

RTD (Shotgun) Cases Sold
Cases ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently

	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	73.81%	73.81%	58.15%	56.90%	56.90%	56.90%	56.90%	56.92%	57.13%	57.19%	57.19%	57.19%
	0.00%	0.00%	0.10%	0.48%	0.48%	0.48%	0.48%	0.48%	0.48%	0.48%	0.48%	0.48%
	0.33%	0.33%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.06%	0.06%	0.06%	0.06%
	25.87%	25.87%	41.68%	42.55%	42.57%	42.55%	42.55%	42.53%	42.33%	42.26%	42.27%	42.26%
No. of Shareholders	5,259	5,047	5,096	5,750	6,202	6,413	6,486	7,461	7,770	7,648	7,681	7,865

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Sep 2026
	73.81%	73.81%	73.81%	73.81%	73.81%	73.81%	56.90%	57.19%	57.19%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.48%	0.48%	0.48%
	0.33%	0.33%	0.33%	0.33%	0.33%	0.33%	0.07%	0.06%	0.06%
	25.86%	25.86%	25.86%	25.86%	25.87%	25.87%	42.55%	42.26%	42.26%
No. of Shareholders	4,762	4,802	4,781	4,957	5,027	5,047	6,413	7,648	7,865

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

Credit ratings

Concalls

Nov 2026

Transcript
PPT REC
Aug 2026
Transcript PPT REC
Jun 2026
Transcript PPT
Feb 2026
Transcript PPT
Nov 2025
Transcript PPT
Aug 2025
Transcript PPT
Jun 2025
Transcript PPT REC
Apr 2025

Transcript

PPT
REC
Feb 2025
Transcript PPT
Nov 2024
Transcript PPT
Aug 2024
Transcript PPT REC