Varun Beverages shares experienced a decline of 2.01% during Friday's trading session, with the stock price falling to ₹477.30. The company is a constituent of the Nifty Next 50 index and continues to demonstrate strong operational performance despite the day's price movement.

Quarterly Financial Performance

The company's recent quarterly results showcase robust financial metrics across multiple periods:

The company achieved its highest quarterly revenue of ₹7,017.37 crores in June 2025, representing substantial growth compared to ₹4,896.65 crores in September 2025. Net profit for June 2025 reached ₹1,326.68 crores, significantly higher than the ₹746.87 crores recorded in September 2025.

Annual Financial Growth

Varun Beverages has maintained consistent growth trajectory over the past five years:

The revenue increased by 24.72% in 2024 compared to 2023, while net profit grew from ₹2,102.29 crores in 2023 to ₹2,635.76 crores in 2024.

Key Financial Ratios and Metrics

The company's financial health indicators demonstrate strong operational efficiency:

The debt-to-equity ratio of 0.14 indicates a conservative capital structure, while the current ratio of 1.74 suggests adequate liquidity management.

Corporate Actions and Dividends

Varun Beverages has maintained an active corporate action schedule. The company announced a bonus issue on April 28, 2022, with a 2:1 ratio and ex-bonus date of June 6, 2022. Recent stock splits include:

• July 30, 2024: Face value reduced from ₹5 to ₹2
• May 2, 2023: Face value reduced from ₹10 to ₹5

The company declared an interim dividend of ₹0.50 per share (25%) on July 29, 2025, with an effective date of August 1, 2025. Additionally, on January 14, 2026, the company enhanced the corporate guarantee amount for its wholly-owned subsidiary, Varun Beverages International DMCC.

Market Position

Despite the 2.01% decline in Friday's session to ₹477.30, Varun Beverages maintains its position as a significant player in the beverage industry. The company's consistent financial performance and strategic corporate actions reflect its ongoing commitment to shareholder value creation and business expansion.

Varun Beverages Limited has announced the enhancement of its corporate guarantee for wholly-owned subsidiary Varun Beverages International DMCC, increasing the guarantee amount from $27.50 million to $49.50 million. The disclosure was made on January 14, 2026, in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Corporate Guarantee Enhancement Details

The enhanced corporate guarantee has been structured to secure credit facilities extended to the Dubai-based subsidiary by ICICI Bank Limited through its DIFC Branch in the United Arab Emirates. The guarantee carries a validity period extending until June 30, 2027.

Subsidiary and Transaction Structure

Varun Beverages International DMCC operates as a wholly-owned subsidiary of Varun Beverages Limited, based in Dubai, United Arab Emirates. The corporate guarantee enhancement represents a strategic financial backing to support the subsidiary's operational requirements and credit facility arrangements.

Regulatory Compliance and Impact Assessment

The company has confirmed that the transaction adheres to arm's length principles, with no promoter, promoter group, or group companies having any interest in this arrangement. According to the regulatory disclosure, the enhanced corporate guarantee will have no material impact on the listed entity's financial position.

The disclosure was signed by Ravi Batra, Chief Risk Officer and Group Company Secretary, and has been uploaded to the company's official website at www.varunbeverages.com for stakeholder reference.