Fratelli Vineyards Limited has closed its trading window for all designated persons, including directors, key managerial personnel (KMPs), and their immediate relatives, effective from July 1, 2026. The window will remain shut until 48 hours after the company announces its unaudited financial results for the quarter ended June 30, 2026. This measure is implemented to ensure compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

The restriction applies to all designated persons and connected entities dealing in the securities of Fratelli Vineyards Limited . The company stated that the specific date for the board meeting to consider and approve the unaudited standalone and consolidated financial results will be communicated in due course.

Compliance and Regulatory Framework

The closure of the trading window is a standard procedural requirement mandated by the SEBI (Prohibition of Insider Trading) Regulations, 2015. These regulations are designed to prevent insider trading and maintain market integrity during periods when unpublished price-sensitive information (UPSI), such as financial results, is likely to be disseminated.

The company has informed all relevant stakeholders, including promoters and employees, about the closure. The information has been submitted to the stock exchanges for necessary records and public dissemination.

Key Details

Fratelli Vineyards Limited reported a consolidated net loss of ₹2,491.19 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹1,706.26 lakh in the previous year. The company’s Board of Directors approved the audited standalone and consolidated financial results during a meeting held on May 30, 2026. The statutory auditors, S S Kothari Mehta & Co. LLP, issued an unmodified opinion on the results.

Financial Performance

For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹705.45 lakh. Total income for the quarter stood at ₹3,626.30 lakh, while total expenses were ₹4,574.99 lakh. On a standalone basis, the company reported a net loss of ₹7.79 lakh for the quarter, with total income of ₹90.02 lakh and total expenses of ₹97.81 lakh.

The standalone financial results for the full year showed a net loss of ₹907.64 lakh, a significant increase from the net loss of ₹422.45 lakh in the previous year. Revenue from operations for the standalone entity dropped to ₹67.83 lakh in FY26 from ₹12,471.59 lakh in FY25. The decline was attributed to the non-undertaking of major revenue-generating activities during the year under review.

Segment and Operational Details

The company operates through three reportable segments: Trading in Agro Commodities, Trading in Steel Abrasives, and Wine manufacturing and sales. The Wine manufacturing and sales segment contributed the majority of the consolidated revenue, reporting ₹18,120.04 lakh for the year ended March 31, 2026. The Trading in Agro Commodities segment reported revenue of ₹67.83 lakh for the year.

Key Governance Decisions

During the Board meeting, the company approved the re-appointment of Mr. Sourabh Gupta as the Internal Auditor for the financial year 2026-27. Additionally, the Board approved a Postal Ballot Notice to seek shareholder approval for the sponsorship of higher education for Mr. Keshav Sekhri as a Related Party Transaction. Mr. Ajay Baroota was appointed as the Scrutinizer for the e-voting process.

Investor Call Update

Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, Fratelli Vineyards Limited has informed the exchanges that the audio recording of its earnings call is available. The call was held on June 02, 2026, at 04:00 PM to discuss the audited financial results and operational performance for the fourth quarter and financial year ended March 31, 2026.

Management stated that the company closed FY26 with a 13% year-on-year growth in Q4, achieving breakeven at the operating profit level with a positive EBITDA of ₹1.06 crore. For the full year FY26, net revenue from operations stood at ₹184 crore compared to ₹181 crore in FY25. The company achieved gross margins of 79% for the quarter and the full year.

Strategic Outlook and Guidance

Management provided guidance for FY27, targeting approximately 30% revenue growth to reach around ₹240 crore, which is expected to result in a PAT breakeven. This growth will be driven by the Ready-to-Drink (RTD) segment, specifically the Shotgun brand, which sold approximately 100,000 cases in its first year and is expected to double sales in FY27. The company also plans to launch three new RTD variants in Q1 FY27.

The luxury portfolio, defined as wines greater than ₹2,000 MRP, grew 15% year-on-year in FY26, led by the J'NOON brand which grew 44%. The company holds a market share of more than 50% in the domestic luxury wine segment. Exports doubled during FY26, and the company expects 5% of total revenue to come from exports from FY27 onwards.

On capital expenditure, the company completed approximately ₹10 crore of capex in FY26 and anticipates capex between ₹6 crore and ₹10 crore in FY27. The hospitality project, estimated at ₹70 crore to ₹80 crore, remains in the planning stage and has been deferred by a year.