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Varun Beverages Ltd logo

Varun Beverages Ltd

NSE: VBL BSE: 540180

471.25

(0.90)%

Sat, 31 Jan 2026, 10:37 am

1 Day

0 (0%)

No Result Found

Summary

  • Market Cap

    159240.94

  • Net Profit

    2634.29

  • P/B

    13

  • Sector P/E

    50.83

  • P/E

    83.24

  • EV/EBITDA

    44.47

  • Debt/Equity (Industry)

    0.31

  • Interest Cover (Industry)

    5.91

  • ROCE (Industry)

    4.96

  • RONW (Industry)

    4.02

  • ROE

    22.38

  • ROCE

    24.31

  • Debt/Equity

    0.35

  • EPS (TTM)

    8.78

  • Dividend Yield

    0.21

  • Book Value

    54.30

  • Interest Cover

    8.11

Analysis

all

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Pros

  • Dividends paid are thoroughly covered by earnings (6.8x coverage).
  • Dividends after 3 years are expected to be well covered by earnings (6.3x coverage).
  • Varun Beverages's earnings are expected to grow significantly at over 20% yearly.
  • Varun Beverages's earnings growth is expected to exceed the India market average.
  • Varun Beverages's earnings growth is expected to exceed the low risk savings rate of 7.2%.
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Cons

  • Dividend payments have increased, but Varun Beverages only paid a dividend in the past 3 years.
  • Whilst dividend payments have been stable, Varun Beverages has been paying a dividend for less than 10 years.
  • Varun Beverages's pays a lower dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Varun Beverages's dividend is below the markets top 25% of dividend payers in India (3.08%).
  • Cash flow for Varun Beverages is expected to increase but not above the 50% threshold in 2 years time.

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Financials

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Ratios

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Shareholding

ShareholdersDEC 2025SEPT 2025JUN 2025MAR 2025DEC 2024
Promoters59.4459.4459.8260.2360.20
FII20.3121.9321.8522.9825.26
DII13.5611.7910.539.217.02
Public6.706.847.807.587.52
Government00000

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Technical Analysis

RSI

42.21

MACD

-3.17

50 DMA

479.31

200 DMA

481.63

Support and Resistance

TypeR1R2R3PPS1S2S3
Classic554.43517.48503.67480.53466.72443.58406.63
Fibonacci517.48503.37494.65480.53466.42457.70443.58
Camarilla500.01496.62493.24480.53486.46483.08479.69

Pivots Level: Classic

R3

+73.90

554.43

R2

+36.95

517.48

R1

+23.13

503.67

480.53
480.53
Pivot Point
LTP: 471.25

S1

-13.82

466.72

S2

-36.95

443.58

S3

-73.90

406.63

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    477.87

  • 20-EMA

    482.23

  • 30-EMA

    482.35

  • 50-EMA

    480.30

  • 100-EMA

    479.05

  • 200-EMA

    489.12

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Corporate Actions

Announcement DatePurposeActionEx Date
29 Oct 2025board-meetingsQuarterly Results
29 Jul 2025dividend₹0.50 Dividend /Share02 Aug 2025
30 Apr 2025dividend₹0.50 Dividend /Share07 May 2025
10 Feb 2025dividend₹0.50 Dividend /Share04 Apr 2025
10 Feb 2025agm
30 Jul 2024split1:2.5 Splits of Equity Shares12 Sept 2024
30 Jul 2024dividend₹1.25 Dividend /Share09 Aug 2024
05 Feb 2024dividend₹1.25 Dividend /Share04 Apr 2024
05 Feb 2024agm
03 Aug 2023dividend₹1.25 Dividend /Share16 Aug 2023

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Peer Comparison

Varun Beverages Ltd logo

Varun Beverages Ltd

Nestle India Ltd logo

Nestle India Ltd

Britannia Industries Ltd logo

Britannia Industries Ltd

Godrej Consumer Products Ltd logo

Godrej Consumer Products Ltd

Marico Ltd logo

Marico Ltd

Hindustan Unilever Ltd logo

Hindustan Unilever Ltd

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About Varun Beverages Ltd

Varun Beverages is engaged in manufacturing, selling, bottling and distribution of beverages of Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, RDC, Mozambique, South Africa, Lesotho, Eswatini, Namibia and Botswana as per franchisee agreement with PepsiCo India Holdings Private Limited (“PepsiCo India”) and its affiliates.

Industry

Food - Processing - Indian

Founded

1995

Headquarters

CEO

RAVI KANT JAIPURIA

Employees

Contact

Website icon

Website

https://www.varunbeverages.com

Email icon

Email

complianceofficer@rjcorp.in

Phone icon

Phone

91-124-4643100/41706720-25

Location icon

Location

F-2/7 Okhla Industrial Area, Phase-I, New Delhi, New Delhi, 110020

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varun beverages ltd History

YearHistory
2019
  • Varun Beverages concluded the acquisition of PepsiCo India's previously franchised sub-territories of the State of Maharashtra (designated parts), Karnataka (designated parts) and Madhya Pradesh (designated parts).
  • Varun Beverages concluded the acquisition of West and South India sub-territories from PepsiCo.
  • Varun Beverages received the Best FMCG Corporate Governance India 2019 award.
  • Varun Beverages recommended the issue of Bonus Shares in the ratio of 1:2.
  • Varun Beverages acquired a 20% stake in Lunarmech Technologies.
2021
  • Varun Beverages recommended the Bonus Issue of Equity Shares in the proportion of 1 (One) Equity Share of Rs. 10/- each for every 2 (Two) Equity Shares.
2022
  • Varun Beverages received Business Leader Awards for Best Corporate Governance Practices 2022.
  • Varun Beverages issued Bonus Shares in the Ratio of 1:2.
2023
  • The Company split its face value from Rs. 10/- to Rs. 5/-.
2024
  • The Company split its face value from Rs. 5/- to Rs. 2/-.
  • The Company started commercial production of carbonated soft drinks, juices, preform and shrink-film at its production facility at Supa, Maharashtra.

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Deals

Client NameOrder SideQTYAvg PriceDate
No Result Found

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varun beverages limited News

Varun Beverages Board Meet Set for Feb 3, 2026

Varun Beverages Limited has scheduled its board meeting for February 3, 2026, to consider Q4FY25 audited financial results and recommend final dividend for FY25.

28 Jan 2026

co actions results

Varun Beverages Block Trade Worth Rs. 27.89 Crores

Varun Beverages witnessed a significant NSE block trade involving 600,395 shares valued at Rs. 27.89 crores, executed at Rs. 464.45 per share, indicating institutional interest in the beverage company.

28 Jan 2026

co actions results

Varun Beverages Shares Drop 2.01% to ₹477.30

Varun Beverages stock declined 2.01% to ₹477.30 in Friday's trading session. The beverage company reported strong quarterly revenue of ₹7,017.37 crores in June 2025 with net profit of ₹1,326.68 crores.

23 Jan 2026

stocks

Varun Beverages Enhances Corporate Guarantee to $49.5M

Varun Beverages Limited has enhanced its corporate guarantee for wholly-owned subsidiary VBL DMCC from $27.50 million to $49.50 million to secure credit facilities with ICICI Bank Dubai branch.

14 Jan 2026

stocks

Morgan Stanley Bullish on Varun Beverages at 47x PE

Morgan Stanley maintains overweight rating on Varun Beverages with Rs. 600 target price despite 47x forward P/E, citing strong fundamentals and growth prospects in India business.

10 Jan 2026

stocks

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800