Varun Beverages
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Varun Beverages

494.75
+9.65
(1.99%)
Market Cap
1,67,329.12 Cr
PE Ratio
53.60
Volume
95,81,758.00
Day High - Low
498.70 - 484.35
52W High-Low
562.00 - 381.00
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There are new updates from the company22 hrs ago
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Key Fundamentals
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Market Cap
1,67,329.12 Cr
EPS
8.98
PE Ratio
53.60
PB Ratio
8.38
Book Value
57.89
EBITDA
5,401.70
Dividend Yield
0.31 %
Industry
Beverages
Return on Equity
15.51
Debt to Equity
0.15
Analyst Rating and Forecast
- By Refinitiv from25 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+88.00 %
+88.00 %
Hold
Hold+12.00 %
+12.00 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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neutral
Varun Beverages Block Trade Worth Rs. 27.51 Crores6 days ago
Varun Beverages witnessed a significant NSE block trade worth Rs. 27.51 crores involving approximately 607,922 shares at Rs. 452.50 per share, indicating substantial institutional activity.
positive
Varun Beverages Limited completed acquisition of 29.99% equity stake in FPEL HR2 Energy Private Limited for Rs. 1.58 crore to secure solar power for captive consumption in Haryana operations.
positive
Varun Beverages receives ESG score of 74.2 for FY 2025 from SES ESG Research, showing improvement from previous year's 66.4 score, disclosed under SEBI regulations.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
494.75
#1 1,67,329.12
#2 53.60
#1 22,037.70
#3 9.48
#1 3,062
#1 32.92
71.16
78.25
134.80
126.21
9.10
#1 468.75
1
-
64.22
218.00
47.11
#1 10.55
173.40
10.59
3
#1 425.00
57.50
435.00
6.29
-182.74
0.20
-
0
0.00
56.44
Growth Rate
Revenue Growth
9.48 %
Net Income Growth
16.24 %
Cash Flow Change
3.79 %
ROE
-1.46 %
ROCE
-6.76 %
EBITDA Margin (Avg.)
2.08 %

Quarterly Financial Results

Quarterly Financials
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Revenue
390
869
1,660
912
437
893
1,639
966
530
1,104
2,060
1,167
799
1,361
2,815
1,744
1,256
1,702
1,643
1,806
1,337
2,247
2,474
2,435
1,735
2,836
4,965
3,187
2,224
3,903
5,653
3,889
2,677
4,326
7,241
4,829
3,733
5,595
7,095
5,045
4,304
Expenses
388
750
1,195
723
408
742
1,153
778
505
922
1,484
955
738
1,141
2,023
1,414
1,105
1,472
1,263
1,422
1,159
1,859
1,879
1,904
1,527
2,297
3,704
2,478
1,907
3,095
4,101
2,989
2,249
3,329
5,206
3,654
3,110
4,304
5,020
3,751
3,568
EBITDA
2
119
465
189
29
151
486
188
25
182
576
212
61
221
793
330
152
230
380
384
178
387
595
532
208
540
1,261
710
317
808
1,552
900
428
997
2,035
1,175
624
1,292
2,075
1,294
736
Operating Profit %
-1 %
13 %
28 %
19 %
6 %
16 %
29 %
19 %
4 %
16 %
28 %
18 %
6 %
16 %
28 %
19 %
9 %
12 %
23 %
21 %
13 %
17 %
23 %
21 %
12 %
19 %
25 %
22 %
14 %
21 %
27 %
23 %
16 %
23 %
28 %
24 %
16 %
23 %
28 %
23 %
15 %
Depreciation
89
77
77
78
80
80
91
88
88
91
100
100
94
99
125
127
137
135
124
135
135
135
129
139
129
131
153
153
180
172
172
171
166
188
243
257
261
273
306
308
330
Interest
50
109
111
111
101
57
51
52
53
60
52
47
54
59
85
87
79
87
74
58
62
58
47
43
37
47
46
45
48
63
69
63
74
94
129
119
109
41
37
45
47
Profit Before Tax
-129
-62
285
9
-152
14
344
49
-116
31
424
65
-87
63
582
116
-64
8
182
192
-19
195
420
350
42
361
1,062
511
90
573
1,311
667
188
716
1,663
800
254
978
1,732
941
359
Tax
-30
-6
82
-4
-41
7
98
15
-44
11
117
21
-16
23
177
35
-10
-52
39
30
-12
58
101
93
9
90
260
116
8
135
306
153
44
168
401
171
59
247
407
196
99
Net Profit
-99
-56
202
13
-112
7
246
34
-72
20
307
44
-71
40
405
81
-54
60
143
162
-7
137
319
258
33
271
802
396
82
439
1,005
514
144
548
1,262
629
196
731
1,326
745
260
EPS in ₹
-7.38
-3.87
14.97
0.76
-6.81
0.25
13.46
1.80
-3.99
1.02
16.62
2.31
-3.92
1.48
14.85
2.91
-2.05
1.90
4.88
3.53
-0.68
4.48
7.12
5.55
0.38
5.87
12.12
5.87
1.15
6.61
7.65
3.86
1.02
4.14
9.64
1.91
0.56
2.15
3.89
2.19
0.74

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
4,437
4,831
5,284
6,031
8,388
8,458
9,582
11,618
15,187
23,144
25,565
Fixed Assets
3,496
3,716
3,981
4,387
6,479
6,409
6,311
6,932
8,409
13,402
16,759
Current Assets
730
853
969
1,141
1,672
1,800
2,546
3,404
4,236
7,864
7,889
Capital Work in Progress
38
96
145
352
64
67
497
607
1,922
1,167
271
Investments
0
7
8
11
0
0
0
0
21
60
174
Other Assets
903
1,013
1,149
1,281
1,846
1,983
2,775
4,079
4,835
8,516
8,361
Total Equity & Liabilities
4,437
4,831
5,284
6,031
8,388
8,458
9,582
11,618
15,187
23,144
25,565
Current Liabilities
1,354
1,728
1,589
1,741
2,220
2,435
3,020
3,969
4,153
4,524
4,074
Non Current Liabilities
2,408
1,423
1,927
2,284
2,809
2,435
2,365
2,434
3,949
1,880
1,750
Total Equity
674
1,681
1,768
2,006
3,359
3,589
4,197
5,216
7,085
16,740
19,741
Reserve & Surplus
91
1,511
1,587
1,816
3,040
3,235
3,647
4,453
6,287
15,934
18,902
Share Capital
584
182
183
183
289
289
433
650
650
676
676

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
19
8
33
-22
95
-33
46
4
88
2,024
-482
Investing Activities
-300
-1,048
-746
-937
-2,320
-472
-1,008
-1,769
-3,288
-4,311
-2,725
Operating Activities
555
826
620
1,000
1,308
1,012
1,231
1,790
2,391
3,381
3,509
Financing Activities
-236
230
159
-84
1,107
-574
-178
-18
985
2,954
-1,267

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Nov 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Promoter
66.40 %
65.82 %
64.89 %
64.89 %
64.89 %
63.90 %
63.90 %
63.90 %
63.90 %
63.62 %
63.10 %
63.09 %
62.91 %
62.66 %
62.66 %
60.20 %
60.20 %
60.24 %
59.82 %
59.44 %
59.44 %
59.44 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.01 %
0.01 %
26.58 %
25.78 %
25.32 %
24.18 %
25.24 %
25.26 %
22.98 %
21.85 %
21.93 %
20.31 %
19.51 %
DIIs
5.54 %
5.56 %
6.48 %
6.70 %
6.72 %
4.97 %
4.16 %
3.44 %
3.68 %
2.94 %
3.36 %
3.59 %
4.15 %
4.55 %
4.98 %
6.49 %
7.02 %
9.21 %
10.52 %
11.79 %
13.56 %
14.40 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
3.65 %
4.02 %
3.57 %
3.80 %
4.02 %
4.19 %
4.09 %
4.09 %
4.22 %
4.52 %
4.27 %
4.71 %
5.00 %
5.16 %
5.87 %
5.85 %
5.52 %
5.81 %
6.27 %
5.42 %
5.20 %
5.22 %
Others
24.41 %
24.61 %
25.06 %
24.61 %
24.37 %
26.94 %
27.85 %
28.56 %
28.19 %
28.92 %
29.26 %
2.04 %
2.15 %
2.31 %
2.31 %
2.21 %
2.00 %
1.77 %
1.52 %
1.42 %
1.50 %
1.44 %
No of Share Holders
56,213
1,08,875
1,15,450
1,37,939
1,37,208
1,73,935
2,35,804
2,44,975
2,61,286
3,53,742
3,75,534
4,40,278
4,89,887
5,09,607
6,98,759
7,72,415
7,42,488
8,73,915
9,68,419
9,02,881
8,72,933
8,77,604

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 2.5 2.5 2.5 2.5 2.5 3.5 2.5 1 1.5 0.00
Dividend Yield (%) 6.7 4.87 5.31 2.8 1.99 1.26 0.45 0.19 0.39 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
BONUS Bonus
1:2
10 Jun 2021 89.42 0.00
12 Aug 2021 DIVIDEND Dividend
₹ 2.50 /share
11 Aug 2021 101.57 102.99
07 Jun 2022 BONUS Bonus
1:2
06 Jun 2022 147.26 146.61
12 Aug 2022 DIVIDEND Dividend
₹ 2.50 /share
11 Aug 2022 176.63 200.56
12 Apr 2023 DIVIDEND Dividend
₹ 1.00 /share
12 Apr 2023 232.21 287.65
02 May 2023 SPLIT Split
5:10
15 Jun 2023 289.04 289.04
16 Aug 2023 DIVIDEND Dividend
₹ 1.25 /share
14 Aug 2023 323.24 347.26
03 Apr 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
03 Apr 2024 514.26 562.42
04 Apr 2024 DIVIDEND Dividend
₹ 1.25 /share
04 Apr 2024 514.26 590.36
09 Aug 2024 DIVIDEND Dividend
₹ 1.25 /share
09 Aug 2024 674.12 595.82
30 Jul 2024 SPLIT Split
2:5
12 Sept 2024 674.12 674.12
22 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Oct 2024 611.05 578.45
10 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Feb 2025 561.40 554.00
03 Apr 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
03 Apr 2025 554.00 546.90
04 Apr 2025 DIVIDEND Dividend
₹ 0.50 /share
04 Apr 2025 554.00 544.45
30 Apr 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Apr 2025 549.30 529.15
07 May 2025 DIVIDEND Dividend
₹ 0.50 /share
07 May 2025 529.15 514.30
29 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Jul 2025 484.85 486.65
02 Aug 2025 DIVIDEND Dividend
₹ 0.50 /share
01 Aug 2025 486.65 511.55
29 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
29 Oct 2025 459.40 453.85
03 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
03 Feb 2026 471.65 466.50
01 Apr 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
01 Apr 2026 466.50 384.05
08 Apr 2026 DIVIDEND Dividend
₹ 0.50 /share
08 Apr 2026 466.50 400.65

Announcements

Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 201514 mins ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation22 hrs ago
Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended March 31 2026 And Declaration Of Interim Dividend For The Financial Year 202622 hrs ago
Disclosure Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 - Update6 days ago
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 20157 days ago
Announcement under Regulation 30 (LODR)-Dividend UpdatesApr 01, 2026
Intimation Of Record Date For Final Dividend For The Financial Year Ended December 31 2025Apr 01, 2026
Shareholder Meeting / Postal Ballot-Scrutinizers ReportApr 01, 2026
Shareholder Meeting / Postal Ballot-Outcome of AGMApr 01, 2026
Closure of Trading WindowMar 24, 2026
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - UpdateMar 18, 2026
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsMar 17, 2026
Announcement under Regulation 30 (LODR)-AcquisitionMar 11, 2026
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Mar 11, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 10, 2026
Business Responsibility and Sustainability Reporting (BRSR)Mar 09, 2026
Notice Of 31St Annual General Meeting And Annual Report Of The Company For The Financial Year Ended December 31 2025Mar 09, 2026
Reg. 34 (1) Annual Report.Mar 09, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 03, 2026
Compliances-Reg.24(A)-Annual Secretarial ComplianceFeb 20, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 16, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 10, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 06, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 03, 2026
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSFeb 03, 2026
Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 03, 2026
Corporate Action-Board approves DividendFeb 03, 2026
Outcome Of The Board Meeting & Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Feb 03, 2026
Announcement under Regulation 30 (LODR)-AcquisitionFeb 03, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 03, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 03, 2026
Board Meeting Outcome for Outcome Of Board MeetingFeb 03, 2026
Outcome Of The Board Meeting & Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Feb 03, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 29, 2026
Board Meeting Intimation for Audited Financial Results Of The CompanyJan 28, 2026
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jan 23, 2026
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jan 14, 2026
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Dec 29, 2025
Closure of Trading WindowDec 26, 2025
General UpdateDec 21, 2025
Announcement under Regulation 30 (LODR)-AcquisitionDec 21, 2025
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG RatingDec 10, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportDec 01, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotDec 01, 2025
Announcement under Regulation 30 (LODR)-Updates on AcquisitionNov 19, 2025
General Update - Intimation Of Change In Logo Of The Company Nov 18, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 31, 2025
Clarification With Respect To Increase In VolumeOct 30, 2025
Clarification sought from Varun Beverages LtdOct 30, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Baroda BNP Paribas ESG Best-in-class strategy Fund Direct-Growth
1.09%
180000
1.09%
1.09%
Canara Robeco Multi Asset Allocation Fund Direct-Growth
1.62%
30450
-0.02%
-0.07%
Parag Parikh Large Cap Fund Direct-Growth
0.41%
19145
-0.04%
0.41%
Unifi Dynamic Asset Allocation Fund Direct-Growth
0.00%
-5625
-0.02%
-0.14%
HDFC Nifty India Consumption Index Fund Direct-Growth
1.77%
-5312
-0.12%
1.77%
Nippon India BSE Sensex Next 30 Index Fund Direct-Growth
2.22%
4305
-0.12%
-0.28%
JioBlackRock Nifty Next 50 Index Fund Direct-Growth
2.45%
3502
-0.20%
-0.39%
LIC MF Consumption Fund Direct-Growth
1.32%
-3274
-0.08%
-0.13%
JioBlackRock Sector Rotation Fund Direct-Growth
0.47%
2043
-0.04%
0.47%
Tata Nifty Next 50 Index Fund Direct-Growth
2.44%
-1520
-0.22%
-0.41%
Bajaj Finserv Nifty Next 50 Index Fund Direct-Growth
2.45%
-930
-0.21%
-0.40%
Tata BSE Multicap Consumption 50:30:20 Index Fund Direct-Growth
1.12%
-601
-0.02%
-0.10%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.29%
119
-0.01%
-0.03%
DSP Nifty 500 Index Fund Direct-Growth
0.29%
95
-0.03%
-0.04%
Groww Nifty Next 50 Index Fund Direct-Growth
2.45%
21
-0.20%
-0.40%
ITI Focused Fund Direct-Growth
2.12%
0
0.00%
0.01%
Axis Nifty Next 50 Index Fund Direct-Growth
2.46%
0
0.00%
-0.20%
Aditya Birla Sun Life Retirement Fund - The 30s Plan Direct-Growth
1.02%
0
0.00%
-0.07%
JM Flexicap Fund Direct Plan-Growth
0.44%
0
0.00%
-0.14%
Angel One Nifty Total Market Index Fund Direct-Growth
0.29%
0
0.00%
-0.02%
Axis Aggressive Hybrid Fund Direct-Growth
0.64%
0
0.00%
-0.05%
Axis Arbitrage Fund Direct-Growth
0.37%
0
0.00%
-0.20%
Axis Balanced Advantage Fund Direct-Growth
0.55%
0
0.00%
-0.05%
Axis Business Cycles Fund Direct-Growth
0.86%
0
0.00%
-0.02%
Axis Consumption Fund Direct-Growth
2.33%
0
0.00%
-0.01%

Technical Indicators

RSI(14)
Neutral
71.16
ATR(14)
Volatile
15.55
STOCH(9,6)
Overbought
93.23
STOCH RSI(14)
Overbought
96.21
MACD(12,26)
Bullish
10.07
ADX(14)
Strong Trend
26.62
UO(9)
Bearish
71.48
ROC(12)
Uptrend But Slowing Down
20.73
WillR(14)
Overbought
-1.85

About Varun Beverages

Varun Beverages Ltd is the second largest franchisee of PepsiCo beverages outside the US. It produces and distributes carbonated soft drinks and non-carbonated beverages, including packaged drinking water, under PepsiCo trademarks. The company operates in 27 states and 7 union territories in India, as well as in Nepal, Sri Lanka,...more
Listing Date
08 Nov, 2016(9 Years, 45 days)
Chairperson NameRAVI KANT JAIPURIA