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IND AS · INR crore
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Liabilities Shareholders' Equity | 25,565.16 | 23,143.91 | 15,187.18 |
| Accumulated Depreciation Total | -6,494.42 | -5,124.99 | -3,927.38 |
| Cash Equivalents | 1,605.61 | 2,045.29 | 61.34 |
| Other Liabilities Total | 190.82 | 194.17 | 219.48 |
| Accrued Expenses | 130.09 | 108.05 | 95.39 |
| Long Term Debt | 540.45 | 840.69 | 3,188.94 |
| Common Stock Total | 676.4 | 676.3 | 649.61 |
| Other Equity Total | 21.18 | -386.55 | -420.29 |
| Other Current Assets Total | 242.95 | 199.67 | 233.12 |
| Prepaid Expenses | 46.35 | 50.18 | 29.01 |
| Total Assets | 25,565.16 | 23,143.91 | 15,187.18 |
| Current Portof LT Debt/Capital Leases | 295.65 | 341.87 | 1,041.28 |
| Additional Paid-In Capital | 9,706.63 | 9,693.93 | 2,264.01 |
| Cash | 178.56 | 220.99 | 180.88 |
| Total Equity | 19,578.7 | 16,609.83 | 6,936.5 |
| Long Term Investments | 174.28 | 59.5 | 21.08 |
| Retained Earnings(Accumulated Deficit) | 9,174.49 | 6,626.15 | 4,443.18 |
| Total Common Shares Outstanding | 338.2 | 338.15 | 324.8 |
| Property/Plant/Equipment Total-Gross | 21,971.62 | 18,277.38 | 13,687.45 |
| Tangible Book Valueper Share Common Eq | 53.3 | 44.93 | 19.6 |
| Goodwill Net | 354.21 | 300.94 | 24.23 |
| Total Liabilities | 5,986.45 | 6,534.08 | 8,250.69 |
| Total Debt | 2,508.18 | 2,826.25 | 5,431.31 |
| Cashand Short Term Investments | 1,784.18 | 2,266.28 | 242.21 |
| Total Receivables Net | 2,641.94 | 1,965.81 | 1,377.81 |
| Notes Payable/Short Term Debt | 1,272.29 | 1,286.61 | 1,003.2 |
| Deferred Income Tax | 619.19 | 487.91 | 343.01 |
| Accounts Receivable-Trade Net | 1,254.33 | 865.37 | 365.12 |
| Property/Plant/Equipment Total-Net | 15,477.2 | 13,152.39 | 9,760.06 |
| Minority Interest | 162.25 | 129.81 | 148.16 |
| Total Current Liabilities | 4,073.94 | 4,524.43 | 4,153.21 |
| Total Inventory | 3,180.63 | 3,382.04 | 2,353.47 |
| Accounts Payable | 1,401.3 | 1,560.43 | 758.25 |
| Other Currentliabilities Total | 974.62 | 1,227.47 | 1,255.08 |
| Total Long Term Debt | 940.25 | 1,197.78 | 3,386.82 |
| Intangibles Net | 1,198.3 | 1,115.13 | 547.1 |
| Other Long Term Assets Total | 144.61 | 131.51 | 67.93 |
| Note Receivable-Long Term | 320.51 | 520.48 | 531.15 |
| Total Current Assets | 7,896.04 | 7,863.97 | 4,235.63 |
| Capital Lease Obligations | 399.8 | 357.09 | 197.89 |
PEG Ratio1.75
Price to Sale Ratio6.73
Debt 5Yr CAGR %-4.99
Operating Margin 12m17.19
Operating Margin 5y Avg17.42
Net Profit Margin 12m13.77
Net Profit Margin 5y12.4
Dividend Yield %0.34
Overall RiskBalanced risk
Board Risk32.99
ConsensusStrong Buy
Consensus score1.60
Analyst opinions25
Strong Sell count0
Sell count0
Hold count3
Buy count9
Strong Buy count13
Provider consensus uses a 1 (Strong Buy) to 5 (Strong Sell) score. The payload does not include price targets, so none are inferred from 52-week prices or recommendation percentages.Only peers present in the company profile payload are displayed.
Source, timestamp and external destination are shown. Provider relevance scores are not available.
The PepsiCo bottler missed June-quarter estimates as margins came under pressure but said its India business continues to grow above 20%, arguing Campa Cola's expansion is broadening the market rather than taking share from Varun.
Varun Beverages reported strong Q2 results for 2026 with net profit increasing 15.1% to ₹ 1,525.36 crore. Revenue rose 20.4% to ₹ 8,451.23 crore. The board approved a 25% interim dividend, while EBITDA climbed 17.2% to ₹ 2,343.04 crore despite a slight margin decline.
Larsen and Toubro (L&T), Hindustan Unilever (HUL), Varun Beverages, Tata Capital, Suzlon Energy, and Ambuja Cements are among the companies to report their Q1 results FY27 next week.
Beverage companies in India are shifting gears, launching innovative drinks that cater to the demand for healthier and functional options. As fizzy drinks see a slowdown, companies like Hindustan Unilever and Varun Beverages are tapping into year-round consumption opportunities.
Indian equity benchmarks fell sharply due to geopolitical tensions, rising crude oil prices, and foreign fund outflows. The Sensex dropped 1,000 pts and the Nifty 50 fell 300 pts, with investors cautious amid US-Iran negotiations and proposed tariffs on imports from several countries.
Indian benchmark indices closed lower on May 19 due to profit booking and global uncertainty. The BSE Sensex declined by 114 points, while the NSE Nifty 50 slipped by 32 points. Investors are advised to buy stocks like Gujarat State Fertilizers and Varun Beverages amidst caution.
Posts are linked to the canonical company record. Community BUY, NEUTRAL and SELL opinions are user-generated, moderated and separate from analyst consensus and Rusaka Markets AI.
Varun Beverages Limited is an India-based company, which is a franchisee of PepsiCo. It produces and distributes a range of carbonated soft drinks (CSDs), as well as non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. PepsiCo CSD brands produced and sold by the Company include Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Seven-Up Nimbooz Masala Soda and Evervess. PepsiCo NCB brands produced and sold by it include Tropicana Slice, Tropicana Juices (100% and Delight), Seven-Up Nimbooz, Gatorade as well as packaged drinking water under the brand Aquafina. It is also engaged in co-manufacturing of Kurkure puffcorn in India.Its subsidiaries include Varun Beverages (Nepal) Private Limited, The Beverage Company Proprietary Limited, and Varun Beverages Lanka (Private) Limited, and others.
Varun Beverages has the symbol VBL and ISIN - INE200M01039.
Varun Beverages is currently trading at INR 410.40.
Varun Beverages has a year high of INR 555.80 and a year low of INR 381.00.
Varun Beverages has a market capitalization of INR 1.50 lakh crore.
Varun Beverages has a P/E ratio of 50.68.
Varun Beverages has a dividend yield of 0.34%.
Varun Beverages has revenue of INR 22,225.58 crore, net income of INR 3,036.49 crore, and EPS of INR 10.01.
Varun Beverages has a book value of INR 57.36.
Varun Beverages has a debt-to-equity ratio of NA.
Varun Beverages has a price-to-book ratio of 7.15 and a price-to-sales ratio of 6.73.
Corporate-action adjustment is provider-defined. Rusaka Markets research and computed indicators are not investment advice.