Fratelli Vineyards Ltd (TINNATFL) — shareholding pattern, promoter holding, financials and share price
About Fratelli Vineyards Ltd (TINNATFL)
Fratelli Vineyards Ltd operates in the Breweries & Distilleries industry, within the Fast Moving Consumer Goods sector. It trades on the NSE as TINNATFL and on the BSE under scrip code 541741. Its ISIN is INE401Z01019.
Fratelli Vineyard is engaged in the business of manufacturing, importing, exporting, processing and selling of wines and alcoholic beverages [1]
Fratelli Vineyards is a vertically integrated Indian winemaker and beverage company operating vineyards, wineries and a multi-category portfolio including luxury and premium bottled wines, canned wine, RTD (Shotgun), and emerging vineyard hospitality; the business also supports exports to 13 countries and owns proprietary viticulture clones and significant vineyard acreage in Maharashtra.
Q3 FY26 reported net revenue rose ~8% year-on-year to ~₹64 crore with gross margins around 76–78%, while 9M FY26 revenue was broadly flat versus prior year; gross profit margins remain high but EBITDA conversion lags due to brand investments, promotional spend, higher finance costs and depreciation from recent capacity additions, yielding a YTD PAT loss of ~₹9 crore.
Listed peers in Breweries & Distilleries: Jagatjit Industries Ltd, Monika Alcobev Ltd, Agribio Spirits Ltd, Cupid Breweries & Distilleries Ltd, Comfort Intech Ltd, Shri Gang Industries & Allied Products Ltd.
Valuation & Returns
10 Jul 2026At ₹101.86 a share on 10 Jul 2026, Fratelli Vineyards Ltd (TINNATFL) was valued at a price-to-book of 2.83x on a book value of ₹35.96 per share as of Mar 2025. Solomo computes return on equity of -15.93% and return on capital employed of -4.83% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- Industry P/E
- 54.25x
- P/B
- 2.83x
- EPS (TTM)
- ₹-5.73
- Book value / share
- ₹35.96
- ROE
- -15.93%
- ROCE
- -4.83%
- ROA
- -7.46%
- Debt / equity
- 0.77x
- Dividend yield
- 0%
- EBITDA margin
- -2.52%
- 52-week range
- ₹61.55 – ₹161.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Fratelli Vineyards Ltd (TINNATFL) reported revenue of ₹181 crore, net profit of ₹-25 crore and earnings per share of ₹-5.73. That compares with revenue of ₹276 crore and net profit of ₹-17 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹35.3 crore and net profit ₹-7.05 crore (consolidated).
| Metric | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 295 | 245 | 421 | 276 | 181 |
| Net profit (₹ cr) | -3 | -1 | 9 | -17 | -25 |
| EPS (₹) | -3.64 | -1.91 | -0.18 | -3.23 | -5.73 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | -15.59% | -28.03% | -34.44% |
| Profit growth | - | - | -292.33% |
| Stock price CAGR | 44% | 60% | -31% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 57.19% of Fratelli Vineyards Ltd (TINNATFL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.48% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹443 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Jun 2026: MAYANK SINGHAL 9.48%, ALESSIO SECCI 4.22%, RANJITSINH VIJAYSINH MOHITEPATIL 3.53%, ARJUNSINH MADANSINH MOHITEPATIL 1.9%, SHIVRATNA MULTILAYER S PRIVATE LIMITED 1.89%, SIDDHARATH BINDRA 1.72%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 57.19% | - | 0.48% | 0% | 42.81% |
| Mar 2026 | 57.19% | - | 0.48% | 0% | 42.81% |
| Dec 2025 | 57.12% | - | 0.48% | 0% | 42.88% |
| Sep 2025 | 56.91% | - | 0.48% | 0% | 43.09% |
| Jun 2025 | 56.9% | - | 0.48% | - | 43.1% |
| Mar 2025 | 56.9% | - | 0.48% | - | 43.1% |
| Dec 2024 | 56.9% | - | 0.48% | - | 43.1% |
| Sep 2024 | 56.89% | - | 0.48% | - | 43.11% |