Varun Beverages Ltd

540180

Overview

    • Equity Style Box

      Large Growth

    • Sector

      Consumer Defensive

    • Industry

      Beverages - Non-Alcoholic

    • Day Range

      462.10 – 470.50

    • Year Range

      419.40 – 682.84

    • Market Cap

      1.5885 Tril

    • Volume / Avg

      421.5 k / 508.5 k

    • Price / Sales

      7.35

    • Price / Book

      9.40

    • Price / Earnings

      54.63

    • Forward Div Yield

      0.33%

    • Trailing Div Yield

      0.33%

Login To Show Full Chart

Summary

Fair Value Assessment
Fairly Valued
Fair ValueQ460.46UncertaintyMedium
Close Price461.20Jul 14, 2025
After Hours: ₹ 469.70 0.00 | 0.00%
₹ 469.70
Price Up by 8.50 | 1.84 %
Trading Information Business Description
Previous Close
461.20
Day Range
462.10 – 470.50
Year Range
419.40 – 682.84
Bid / Ask
—
Market Cap
1.6 Tril
Volume / Average
421.5 k / 508.5 k
Beta (5-Year)
1.12
Shares Outstanding
3,381.92 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Varun Beverages Ltd is engaged in manufacturing, selling, bottling, and distribution of beverages of the Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, and Zimbabwe. Its brands include Seven-Up, Mountain Dew, Mirinda, Nimbooz, Tropicana Slice, and other related products. The firm generates a majority of its revenue within India.
Contact
Plot No. 31, Institutional Area Sector - 44, RJ Corp House, Gurugram, HR 122 002
T +91 1244643100
www.varunbeverages.com opens in a new tab
Sector
Consumer Defensive
Industry
Beverages - Non-Alcoholic
Most Recent Earnings
Mar 31, 2025
Fiscal Year End
Dec 31, 2025
Employees
14,828
As of Dec 31, 2024

Key Metrics

Key-Metrics - Financial Summary shows the income statement, balance sheet , cash flow statement data - 5 year and 10 year of the company stock.
Income Statement (in Bil, except ratios)
03/31/2025
12/2024
12/2023
12/2022
12/2021
12/2020
Revenue
206.95 194.45 156.22 129.21 86.42 64.50
Revenue Growth %
28.97% 24.47% 20.90% 49.51% 35.88% -9.53%
Gross Profit
109.79 103.71 80.71 65.25 45.16 36.11
Gross Profit Margin %
53.05% 53.34% 51.66% 50.50% 52.25% 55.99%
Operating Income
41.93 40.03 31.26 23.09 11.77 7.19
Operating Margin %
20.26% 20.59% 20.01% 17.87% 13.62% 11.15%
EBIT
40.49 38.40 29.82 21.85 11.75 6.25
EBIT Margin %
19.57% 19.75% 19.09% 16.91% 13.60% 9.68%
EBITDA
50.82 47.87 36.63 28.02 17.07 11.53
EBITDA Margin %
24.56% 24.62% 23.45% 21.68% 19.75% 17.88%
Net Income
27.84 25.95 20.56 14.97 6.94 3.29
Net Profit Margin %
13.62% 13.55% 13.45% 12.00% 8.63% 5.54%
Basic EPS
8.45 7.95 6.33 4.61 2.14 1.01
Diluted EPS
8.44 7.94 6.33 4.61 2.14 1.01
Normalized EPS
7.25 6.75 6.82 4.53 0.20 1.36
Total Dividends per Share
1.50 1.50 0.70 0.50 0.33 0.22
Key-Metrics - Financial Summary shows the income statement, balance sheet , cash flow statement data - 5 year and 10 year of the company stock.
Balance Sheet (in Bil, except ratios)
12/31/2024
12/2024
12/2023
12/2022
12/2021
12/2020
Total Assets
231.44 231.44 151.87 116.18 95.82 84.58
Total Liabilities
64.04 64.04 81.03 64.03 53.85 48.70
Total Debt
28.26 28.26 54.31 38.84 33.87 32.41
Total Equity
167.40 167.40 70.85 52.15 41.97 35.89
Cash And Cash Equivalents
2.61 2.61 2.42 1.54 1.51 1.05
Working Capital
33.40 33.40 0.82 -5.65 -4.74 -6.35
Shares Outstanding (Bil)
— — — — 3.25 —
Book Value Per Share
49.06 49.06 21.33 15.70 12.56 10.85
Total Debt To Equity
0.17 0.17 0.77 0.74 0.81 0.90
Key-Metrics - Financial Summary shows the income statement, balance sheet , cash flow statement data - 5 year and 10 year of the company stock.
Cash Flow Statement (in Bil, except ratios)
12/31/2024
12/2024
12/2023
12/2022
12/2021
12/2020
Cash From Operating Activities
33.81 33.81 23.91 17.90 12.31 10.12
Cash From Investing Activities
-43.17 -43.17 -32.90 -17.05 -10.11 -4.71
Cash From Financing Activities
29.54 29.54 9.85 -0.18 -1.78 -5.74
Capital Expenditures
37.79 37.79 32.64 18.01 9.42 5.60
Free Cash Flow
-1.93 -1.93 -4.69 4.03 3.79 2.86
Change in Cash
20.18 20.18 0.86 0.67 0.43 -0.33

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
Oops!
Something went wrong.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
Oops!
Something went wrong.

Ownership

Ownership lists the Fund owners and Intitutional owners of the stock.
Name
Morningstar
Rating
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Current Shares
Change Amount
Change %
Date
Capital Group New Geography Equity Comp 1.14 0.39 38,451,433
-4,844,755
11.19%
Mar 31, 2025
American Funds New World A 1.14 0.39 38,451,433
-4,844,755
11.19%
Mar 31, 2025
Vanguard Total Intl Stock Index Inv 0.51 0.02 17,393,663
152,392
0.88%
May 31, 2025
Vanguard Emerging Mkts Stock Idx Inv 0.46 0.07 15,433,096
93,864
0.61%
May 31, 2025
Mirae Asset Large Cap Reg Gr 0.43 1.64 14,619,800
6,126,094
72.13%
Jun 30, 2025
Total (for Top 5) 3.68 124,349,425
-3,317,160
More Ownership Data

STOCKS
MUTUAL FUNDS
ADITYABIRLAAXISBajajBANDHANBARODABNPBOICANARADSPEDELWEISSFRANKLINTEMPLETONGROWWHDFCHELIOSHSBCICICIIIFLINVESCOITIJMKOTAKLICMahindraManulifeMIRAEMOTILALNAVINipponNJOldBridgePGIMPPFASQUANTQUANTUMSAMCOSBISHRIRAMSUNDARAMTATATAURUSTrustUNIONUTIWhiteOakZERODHA
INSURANCE FUNDS
ABSLAEGONAGEASFEDERALAVIVABAJAJALLIANZBHARTIAXACANARAHSBCORIENTBANKEDELWEISSTOKIOEXIDEFUTUREGENERALIHDFCICICIPRUDENTIALINDIAFIRSTKOTAKMAHINDRALICMAXLIFEPNBMETLIFEPRAMERICARELIANCENIPPONSAHARASBISHRIRAMSTARUNIONDAI-ICHITATAAIA

About Us

Connect With Us

© Copyright 2025 Morningstar, Inc. All rights reserved.
Terms of Use    Privacy Policy
© Copyright 2025 Morningstar, Inc. All rights reserved. Please read our Terms of Use above. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
As of December 1st, 2023, the ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
Company: Morningstar India Private Limited; Regd. Office: 9th floor, Platinum Technopark, Plot No. 17/18, Sector 30A, Vashi, Navi Mumbai – 400705, Maharashtra, India; CIN: U72300MH2004PTC245103; Telephone No.: +91-22-61217100; Fax No.: +91-22-61217200; Contact: Morningstar India Help Desk (e-mail: helpdesk.in@morningstar.com) in case of queries or grievances.
Top