🇮🇳 India Stock Screener ← Switch market ★ Elite Club ⚡ StockGenie AI

Varun Beverages Limited VBL NSE

Consumer Defensive · Beverages - Non-Alcoholic · India
https://www.varunbeverages.com

Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana. The company offers carbonated soft drinks under the Pepsi, Pepsi Zero, Mountain Dew, Mirinda, and Seven-Up brands, as well as the Refreshhh, Coo-ee, and Jive brands; fruit pulp and juice-based drinks under the Slice, Tropicana, Tropicana Delight, and Seven-Up Nimbooz brands; club sodas under the Evervess and Duke's brands; and energy drinks under the Sting, Adrenaline Rush, and Rockstar brands. It also provides sports drinks under the Gatorade brand; carbonated juice-based drinks under the Seven-Up Nimbooz Masala Soda brand; ice-tea under the Lipton brand; packaged drinking water under the Aquafina and Aquavess brands, as well as the Refreshhh and Aquaclear brands; and snacks under the FritoLay, Cheetos, Doritos, Simba, and Kurkure brands. In addition, the company offers energy drinks under the Reboost Energy brand; and value-added dairy-based beverages under the Cream Bell brand. Varun Beverages Limited was incorporated in 1995 and is based in Gurugram, India.

READ MORE ›
₹528.00
+9.65% 1Y

Market & Price

Market Cap
₹1.79 L Cr
Current Price
₹528.00
High / Low (52W)
₹539.45 / ₹381.36
Beta
0.27

Valuation

Stock P/E
56.17
Industry PE
23.47
Forward P/E
43.66
PEG Ratio
-
Book Value
₹57.89
Price to Book
9.12
P/S
7.87
EV/EBITDA
34.57
Dividend Yield
0.38%

Profitability & Returns

ROCE
19.44%
ROE
-
ROA
-
Profit Margin
14.02%
Op Margin
18.49%
EPS (Latest Qtr)
₹2.58
EPS (TTM)
₹9.40

Balance Sheet & Liquidity

Debt/Equity
0.13
Quick Ratio
-
Current Ratio
-
Debt
₹2,508.18 Cr
Total Assets
₹25,565.16 Cr
Current Assets
₹7,896.04 Cr
Working Capital
₹3,822.10 Cr

Ownership

Promoter Holding
60.56%
Chg in Prom Hold
-
FII / Inst Holding
24.78%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
₹1.79 L Cr
Total Revenue (TTM)
₹22,692.63 Cr
EBITDA
₹5,184.47 Cr
Free Cash Flow
-
Operating Cash Flow
-
Shares Outstanding
₹338.23 Cr
Gross Margin
55.35%
Payout Ratio
15.94%

Growth (CAGR)

Revenue 5Y
17.26%
Profit 5Y
26.57%
Revenue (YoY)
18.10%
Earnings (YoY)
20.00%

PROS

  • Compounding revenue at 17.3% over 5 years.
  • Profit CAGR of 26.6% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading at a high P/E of 56.2.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Defensive).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 VBL Varun Beverages Limited NSE 528.00 56.17 ₹1.79 L Cr 0.38% 19.44% - 17.26% 26.57%
2 HINDUNILVR Hindustan Unilever Limited NIFTY50NSE 2,153.50 47.62 ₹5.06 L Cr 2.04% 22.15% 21.60% 2.31% 14.12%
3 ITC ITC Limited NIFTY50NSE 286.90 17.39 ₹3.59 L Cr 5.58% 36.47% 29.34% 3.65% 2.54%
4 NESTLEIND Nestlé India Limited NIFTY50NSE 1,421.50 78.10 ₹2.74 L Cr 0.84% 59.30% 76.34% 17.01% 23.05%
5 DMART Avenue Supermarts Limited NSE 4,054.50 88.49 ₹2.64 L Cr - 16.41% 12.94% 17.21% 7.69%
6 TATACONSUM Tata Consumer Products Limited NIFTY50NSE 1,178.40 75.78 ₹1.17 L Cr 0.85% 8.29% 6.94% 13.87% 8.61%
7 MARICO Marico Limited NIFTY_MIDNSE 821.70 60.60 ₹1.06 L Cr 0.49% 39.00% 41.39% 12.00% 10.61%
8 GODREJCP Godrej Consumer Products Limited NSE 1,029.30 56.49 ₹1.05 L Cr 1.94% 21.44% 15.10% 4.59% 3.02%
9 UNITDSPR UNITED SPIRITS LIMITED NSE 1,270.00 52.63 ₹92,379.95 Cr 1.34% 25.49% 20.03% 5.71% 17.36%
Ad space

Quarterly Results

Figures in INR.

Metric Dec 2024Mar 2025Jun 2025Dec 2025Mar 2026
Revenue 3,688.79 Cr5,566.94 Cr7,017.37 Cr4,204.42 Cr6,574.19 Cr
Cost of Revenue 1,620.20 Cr2,529.06 Cr3,191.10 Cr1,876.06 Cr2,945.64 Cr
Gross Profit 2,068.59 Cr3,037.87 Cr3,826.27 Cr2,328.37 Cr3,628.55 Cr
Operating Expenses 1,749.40 Cr2,046.42 Cr2,133.65 Cr2,019.31 Cr2,456.41 Cr
Operating Income 319.19 Cr991.45 Cr1,692.62 Cr309.06 Cr1,172.13 Cr
EBITDA 623.92 Cr1,291.44 Cr2,074.74 Cr735.72 Cr1,568.51 Cr
Interest Expense 109.00 Cr41.12 Cr36.55 Cr46.63 Cr48.52 Cr
Pretax Income 254.14 Cr977.81 Cr1,732.04 Cr358.88 Cr1,163.19 Cr
Tax Provision 58.49 Cr246.45 Cr406.56 Cr98.88 Cr284.48 Cr
Net Income 185.15 Cr726.49 Cr1,317.02 Cr251.79 Cr872.36 Cr
Diluted EPS 0.562.153.890.742.58

Profit & Loss (Annual)

Figures in INR.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -12,921.05 Cr15,621.74 Cr19,445.05 Cr20,834.60 Cr
Cost of Revenue -6,396.50 Cr7,551.11 Cr9,073.74 Cr9,895.51 Cr
Gross Profit -6,524.55 Cr8,070.63 Cr10,371.30 Cr10,939.10 Cr
Operating Expenses -4,215.96 Cr4,944.14 Cr6,368.06 Cr7,078.84 Cr
Operating Income -2,308.60 Cr3,126.49 Cr4,003.24 Cr3,860.26 Cr
EBITDA -2,824.52 Cr3,686.91 Cr4,829.02 Cr5,394.51 Cr
Interest Expense -183.69 Cr266.64 Cr448.54 Cr168.40 Cr
Pretax Income -2,023.64 Cr2,739.36 Cr3,433.09 Cr4,009.65 Cr
Tax Provision -473.52 Cr637.55 Cr798.80 Cr947.61 Cr
Net Income -1,497.43 Cr2,055.92 Cr2,594.63 Cr3,036.49 Cr
Diluted EPS -4.616.337.948.98

Compounded Sales Growth

5 Years:17.26%
1 Year:18.10%

Compounded Profit Growth

5 Years:26.57%
1 Year:20.00%

Stock Price Performance

1 Year:+9.65%
6 Months:+17.84%
3 Months:+15.26%
1 Month:+2.78%

Balance Sheet (Annual)

Figures in INR.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -11,618.24 Cr15,187.18 Cr23,143.91 Cr25,565.16 Cr
Current Assets -3,404.03 Cr4,235.63 Cr7,863.97 Cr7,896.04 Cr
Cash & Equivalents -154.33 Cr242.21 Cr260.78 Cr1,784.18 Cr
Inventory -1,993.88 Cr2,150.53 Cr2,791.23 Cr2,951.79 Cr
Receivables -299.34 Cr359.38 Cr845.84 Cr1,249.03 Cr
Total Liabilities -6,402.76 Cr8,102.53 Cr6,404.27 Cr5,824.20 Cr
Current Liabilities -3,968.75 Cr4,153.21 Cr4,524.43 Cr4,073.95 Cr
Long Term Debt -1,727.02 Cr3,188.94 Cr840.69 Cr540.45 Cr
Total Debt -3,883.81 Cr5,431.31 Cr2,826.25 Cr2,508.18 Cr
Total Equity -5,102.38 Cr6,936.50 Cr16,609.83 Cr19,578.70 Cr
Shares Outstanding -324.77 Cr324.80 Cr338.15 Cr338.20 Cr

Cash Flows (Annual)

Figures in INR.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -1,790.03 Cr2,390.78 Cr3,381.10 Cr3,509.31 Cr
Investing Cash Flow --1,704.60 Cr-3,289.87 Cr-4,316.78 Cr-2,734.94 Cr
Financing Cash Flow --17.94 Cr984.90 Cr2,953.54 Cr-1,266.46 Cr
Capital Expenditure --1,800.99 Cr-3,264.05 Cr-3,779.01 Cr-2,739.10 Cr
Free Cash Flow --10.96 Cr-873.27 Cr-397.91 Cr770.21 Cr
Net Change in Cash -67.49 Cr85.81 Cr2,017.85 Cr-492.09 Cr

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -50.5%51.7%53.3%52.5%
Operating Margin % -17.9%20.0%20.6%18.5%
Net Margin % -11.6%13.2%13.3%14.6%
ROE % -29.3%29.6%15.6%15.5%
ROCE % -30.2%28.3%21.5%18.0%

Shareholding Pattern

Insiders
60.56%
Institutions
24.78%
Public Float
62.85%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for VBL

No recent headlines available.

Explore More

📊 Consumer Defensive Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All India Stocks