Varun Beverages Ltd
NSE: VBL BSE: 540180
₹430.65
(2.71%)
Fri, 16 Oct 2026, 11:22 am
Market Cap (in Cr)149404.79
PE Ratio43.01
Dividend0.34
Consumer Non-Durables
Beverages: Non-Alcoholic
24.5KCompany History
1995
- The Company was incorporated as Varun Beverages Limited on June 16, 1995.
- The Company obtained a certificate of commencement of business on July 4, 1995.
1996
- The Company started operation at Jaipur.
1999
- The Company started operations in Alwar, Jodhpur and Kosi.
2004
- The Company merged with DBL pursuant to the order of High Court of Delhi dated October 6, 2004.
2009
- The Company received BU Best Quality Plant Team Award for the production facility at Kosi.
2010
- The Company received PepsiCo Amea Bronze Food Safety Award for the production facility at Greater Noida I.
- The Company received ISO 14001: 2004 certificate for the production facility at Jainpur.
2011
- The Company received PepsiCo Amea Silver Food Safety Award for the production facility at Greater Noida I.
- The Company received PepsiCo Quality Excellence Bronze Award for the production facility at Kosi.
- The Company received ISO 14001:2004 certificate for the production facility at Bhiwadi.
2012
- The Company received PepsiCo Amea Gold Food Safety Award for the production facility at Greater Noida I.
- The Company received ISO 14001:2004 certificate for the production facility at Kolkata.
- The Company merged with VBIL pursuant to the order of High Court of Delhi dated March 12, 2013.
2013
- The Company acquired the business of manufacturing and marketing of soft drink beverages and syrup mix in Delhi, India.
- The Company received FSSC 22000:2010 certificate for the production facility at Greater Noida I.
2014
- The Company received OHSAS 18001:2007 certificate for the production facility at Nuh.
- The Company received ISO 14001: 2004 certificate for the production facility at Nuh.
- The Company received CII National Award for Food Safety for the production facility at Nuh.
2015
- The Company acquired PepsiCo India's business of manufacturing, marketing, selling and distributing soft drink beverages and syrup mix in the Indian states of Uttar Pradesh (excluding certain territories), Uttarakhand, Himachal Pradesh, Haryana (excluding certain territories) and the Union Territory of Chandigarh.
- The Company acquired PepsiCo India's business of manufacturing, marketing, selling and distributing soft drink beverages and syrup mix in Bazpur, Jainpur, Satharia and Panipat.
- The Company acquired the business of selling and distribution of soft drinks beverages and syrup mix in one district undertaking situated in Punjab.
2016
- Varun Beverages acquired the entire shareholding of Arctic International Private Limited in Varun Beverages Mozambique Limitada.
- Varun Beverages acquired the entire shareholding of Arctic International Private Limited in Varun Beverages (Zambia) Limited.
- Varun Beverages incorporated Varun Beverages (Zimbabwe) (Private) Limited.
- Varun Beverages acquired 85% of the shareholding of VBZPL.
- Varun Beverages was successfully listed on Indian Stock Exchanges - NSE & BSE.
2017
- Varun Beverages increased its stake in Zambia subsidiary, Varun Beverages (Zambia) Limited, to 90% from 60%.
- Varun Beverages concluded the acquisition of PepsiCo India's previously franchised territories of the State of Odisha and parts of Madhya Pradesh along with two manufacturing units at Bargarh (Odisha) and Mandideep (MP).
2018
- Varun Beverages concluded the acquisition of PepsiCo India's previously franchised territory of the State of Chhattisgarh, Bihar and Jharkhand along with two manufacturing units at Cuttack (Odisha) and Jamshedpur (Jharkhand).
- Varun Beverages entered into a strategic partnership for selling and distribution of the larger Tropicana portfolio.
- Varun Beverages established a green field production facility in Zimbabwe.
- Varun Beverages received the National Best Employer Brand Award for 2018.
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.
