Varun Beverages Ltd Share Price

Q: What is the share price of Varun Beverages Ltd today?

Varun Beverages Ltd share price as on 22 Jan 2025 is ₹534.1

Food - Processing - Others

NSE: VBL Large Cap ISIN: INE200M01039

As on 22 January 2025 at 15:04 IST

₹534.10

-7.40

(-1.37%)

Sell Buy

About Varun Beverages Ltd

Varun Beverages Ltd. is a leading Indian multinational company. It engages in the manufacturing, bottling, and distribution of beverages. The company was founded in the year 1995. Varun Beverages has decades of experience in the industry. The headquarters of the company is located in Gurgaon, Haryana, India. Its main products include carbonated soft drinks such as Pepsi, 7 Up, Mountain Dew, and Mirinda. The company also offers non-carbonated beverages like Tropicana fruit juices, Aquafina bottled water and Creambell milkshakes. Varun Beverages Ltd. falls under the food and beverage sector. Read More...

Over 1 Month

-13.57%

Over 6 Months

-13.36%

Over 1 Year

6.45%

Over 3 Years

343.45%

Varun Beverages Ltd Summary

Close ₹ 534.10

Open ₹ 543.45

High ₹ 546.80

Low ₹ 524.75

Volume 38,47,635

Net Turnover (in ₹) ₹ 3,82,44,85,127.60

52Wk High ₹ 681.12

52Wk Low ₹ 488.40

52Wk High / Low

488.40

681.12

Varun Beverages Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 1,83,108.77

EPS (TTM) 6.60

Book Value (BV) 47.46

Div. Yield 0.18 %

P/E (TTM) 82.01

Price/Book Value 11.40

Delivery % 52.31 %

Face Value 2

Key Ratios

PE Ratio 90.52

PB Ratio 22.71

EV to Sales 13.10

PEG Ratio -3

ROA 14.59

ROE 28.19

Debt-Equity 0.67

Net Profit Margin 14.05

Operating Profit Margin 24.78

Varun Beverages Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	16,121.94	13,211.99	8,891.16	6,487.11	7,172.11
Total Expenses	13,382.10	11,188.35	7,884.55	6,058.08	6,480.19
Profit Before Tax	2,739.36	2,023.64	1,006.61	362.50	696.27
Profit After Tax	2,101.81	1,550.11	746.05	357.27	472.20
Operating Profit after Depreciation	3,007.94	2,209.76	1,191.31	710.14	1,001.55

Balance Sheet

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Fixed Assets	8,409.17	6,932.22	6,310.77	6,408.62	6,479.04
Total Non Current Assets	10,951.55	8,214.21	7,035.78	6,658.71	6,716.55
Total Current Assets	4,235.63	3,404.03	2,546.11	1,799.68	1,671.88
TOTAL ASSETS	15,187.18	11,618.24	9,581.89	8,458.38	8,388.43
Total Shareholder's Fund	6,936.50	5,102.38	4,079.91	3,524	3,328.42

Cash Flow

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Net Cash from Operating Activities	2,390.78	1,790.03	1,231.42	1,011.99	1,307.60
Net Cash used in Investing Activities	-3,287.80	-1,768.51	-1,007.55	-471.68	-2,319.90
Net Cash used in Financing Activities	984.90	-17.94	-177.68	-573.72	1,107.34

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Total Revenue	12,778.97	10,739.58	6,653.04	4,948.44	5,713.67
Total Expenses	10,410.81	9,055.08	5,971.52	4,679.23	5,079.38
Profit Before Tax	2,368.16	1,684.50	681.52	202.68	634.29
Profit After Tax	1,775.13	1,270.20	489.49	226.43	448.55
Operating Profit after Depreciation	2,609.26	1,838.76	836.66	518.22	914.54

Balance Sheet

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Fixed Assets	6,938.21	5,751.87	5,011.61	5,263.41	5,401.75
Total Non Current Assets	11,074.33	8,617.05	7,297.40	7,030.10	7,064.97
Total Current Assets	2,935.13	2,451.90	1,768.22	1,266.47	1,308.59
TOTAL ASSETS	14,009.46	11,068.94	9,065.62	8,296.57	8,373.56
Total Shareholder's Fund	7,075.80	5,517.40	4,398.62	4,011.77	3,867.12

Cash Flow

Particulars (in ₹ Cr.)	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Net Cash from Operating Activities	1,952.88	1,558.79	867.86	719.67	1,066.91
Net Cash used in Investing Activities	-2,769.57	-1,509.31	-725.33	-227.97	-2,229.34
Net Cash used in Financing Activities	818.78	-26.23	-154.79	-487.65	1,193.01

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	4,804.68	7,196.86	4,317.31	2,667.69	3,870.52
Total Expenses	3,653.66	5,206.18	3,328.71	2,249.40	2,988.79
Profit Before Tax	800.12	1,663.07	715.74	187.99	666.93
Profit After Tax	628.83	1,261.83	547.98	143.76	514.06
Operating Profit after Depreciation	1,175.27	2,034.71	996.95	427.62	900.24

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	3,086.84	5,801.59	3,446.15	1,846.30	2,892.38
Total Expenses	2,285.88	4,063	2,625.25	1,552.07	2,185.15
Profit Before Tax	645.19	1,535.86	630.09	153.52	554.60
Profit After Tax	492.34	1,150.14	469.27	118.63	415.61
Operating Profit after Depreciation	901.14	1,805.84	853.51	345.31	738.27

Varun Beverages Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 532.83

S2 524.17

S3 509.08

Pivot 547.92

R1 556.58

R2 571.67

R3 580.33

Moving Average

20 SMA 604.71

50 SMA 614.69

100 SMA 611.90

200 SMA 610.95

Varun Beverages Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Varun Beverages Ltd

₹1.25/Share

Announcement Date 09 Aug 2024

Record Date 09 Aug 2024

Div Yield 25%

AGM Date: 07 Apr 2022

The Board of Directors at their meeting held today (started at 11:00 A.M. and concluded at 11:45 A.M.) inter-alia considered and approved: (i) Audited Financial Results (Standalone & Consolidated) for Quarter & FY ended December 31 2021 (Copy of same alongwith Audit Report with unmodified opinion are attached and are being uploaded on website) (ii) To convene 27th AGM on April 7 2022 through VC/OAVM facility (iii) Register of Members & Share Transfer Books closed from March 31 2022 to April 7 2022 (both days inclusive) for 27th AGM In continuation to our letter dated February 3, 2022, as required under Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the following: 1. Notice of 27th AGM of the Company scheduled to be held on Thursday, April 7, 2022 at 11:00 A.M. (IST) through VC/OAVM facility, without the physical presence of Members at a common venue, in compliance with applicable provisions of the Companies Act, 2013 and Rules framed thereunder and SEBI LODR Regulations 2015 read with General Circular Nos. 14/2020, 17/2020, 20/2020, 02/2021 and 21/2021 dated April 8, 2020, April 13, 2020, May 5, 2020, January 13, 2021 and December 14, 2021 respectively, issued by MCA; and 2. Annual Report of the Company for the Financial Year ended December 31, 2021. Further, please note that the Company is following 1st January to 31st December as its financial year in terms of Section 2(41) of the Companies Act, 2013 as approved by the Company Law Board. (As per BSE Announcement Dated on 8/3/2022) Pursuant to Regulation 30, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith brief proceedings of the 27th Annual General Meeting ('AGM') of the Company held today i.e. Thursday, April 7, 2022 at 11:00 A.M. (IST) and concluded at 11:50 A.M. (IST) through Webex facility provided by National Securities Depository Limited ('NSDL') as Annexure - I. Further, in accordance with Section 2(41) of the Companies Act, 2013, please note that our Company is following 1st January to 31st December as its Financial Year as approved by the Company Law Board. (As Per BSE Announcement dated on 07.04.2022) In continuation to our letter dated April 7, 2022, please find enclosed the following: a) Voting Results of Remote e-voting and E-voting during the 27th Annual General Meeting of the Company held on Thursday, April 7, 2022 pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; and b) Report of the Scrutinizer dated April 8, 2022 pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration), Rules, 2014. The above are also being uploaded on Company's website www.varunpepsi.com and on website of National Securities Depository Limited www.evoting.nsdl.com. (As Per BSE Announcement dated on 08.04.2022) Varun Beverages Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 09.04.2022)

AGM Date: 27 Mar 2023

Board of Directors at their meeting held today (started at 11:00 A.M. & concluded at 11:45 A.M.) inter-alia considered & approved the following: To convene 28th AGM on Monday, March 27, 2023 through VC/OAVM facility, without physical presence of Members at a common venue In continuation to our letter dated February 6, 2023, as required under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the following: 1. Notice of the 28th Annual General Meeting of the Company scheduled to be held on Monday, March 27, 2023 at 11:00 A.M. (IST) through Video Conferencing / Other Audio Visual Means facility; and 2. Annual Report of the Company for the Financial Year ended December 31, 2022. Further, please note that the Company is following 1st January to 31st December as its financial year in terms of Section 2(41) of the Companies Act, 2013 as approved by the Company Law Board. (As Per BSE Announcement dated on 01.03.2023) Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended), Regulations 44 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with previous General Circulars including 10/2022 dated December 28, 2022 issued by the Ministry of Corporate Affairs, copies of the newspaper advertisement published in 'Business Standard' English and Hindi language on March 2, 2023 regarding Notice of 28th AGM of the Company scheduled to be held on Monday, March 27, 2023 through Video Conferencing/Other Audio Visual Means facility are enclosed herewith. The same is also available on website of the Company at www.varunpepsi.com. (As per BSE Announcement Dated on 02/03/2023) Pursuant to Regulation 30, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith brief proceedings of the 28th Annual General Meeting ('AGM') of the Company held today i.e. Monday, March 27, 2023 at 11:00 A.M. (IST) and concluded at 11:50 A.M. (IST) through Webex facility provided by National Securities Depository Limited ('NSDL') as Annexure - I. Further, in accordance with Section 2(41) of the Companies Act, 2013, please note that our Company is following 1st January to 31st December as its Financial Year as approved by the Company Law Board. In continuation to our letter dated March 27, 2023, please find enclosed the following: a) Voting Results of Remote e-voting and E-voting during the 28th Annual General Meeting of the Company held on Monday, March 27, 2023 pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; and b) Report of the Scrutinizer dated March 27, 2023 pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration), Rules, 2014. (As per BSE Announcement Dated on 27/03/2023) This is to inform you that pursuant to the provisions of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors fixed Wednesday, April 12, 2023 as the Record Date, for the purpose of ascertaining the eligibility of Equity Shareholders entitled for receipt of Final Dividend of Re. 1/- per Equity Share of face value of Rs. 10/- each for the Financial Year ended December 31, 2022 as approved by the Equity Shareholders of the Company at their Annual General Meeting held on March 27, 2023. The Final Dividend will be paid on and from Thursday, April 13, 2023 to those shareholders whose name appears in the Register of Members of the Company or in the list of beneficial owners maintained by the Depositories as on Wednesday, April 12, 2023. (As per BSE Announcement Dated on 28/03/2023)

AGM Date: 03 Apr 2024

To convene 29th AGM of the Company on Wednesday, April 3, 2024, through Video Conferencing / Other Audio Video Means ('VC/ OAVM') facility, without the physical presence of the Members at a common venue. Board of Directors at their meeting held today approved closure of Register of Members and Share Transfer books for the purpose of 29th Annual General Meeting of the Company In continuation to our letter dated February 5, 2024, as required under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the following: 1. Notice of the 29th Annual General Meeting of the Company scheduled to be held on Wednesday, April 3, 2024 at 11:00 A.M. (IST) through Video Conferencing / Other Audio Visual Means facility; and 2. Annual Report (including Business Responsibility and Sustainability Report) of the Company for the Financial Year ended December 31, 2023. Further, please note that the Company is following 1st January to 31st December as its financial year in terms of Section 2(41) of the Companies Act, 2013 as approved by the Company Law Board. Read less.. (As Per BSE Announcement Dated on 07.03.2024) Copies of Newspaper Advertisement published in 'Business Standard' regarding 29th AGM scheduled on April 3, 2024. (As Per BSE Announcement Dated on 08/03/2024) Submission of brief proceedings of 29th Annual General Meeting through video conferencing facility held today i.e. April 3, 2024. (As Per BSE Announcement Dated on 03.04.2024)

Varun Beverages Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Varun Beverages Ltd	₹541.25	₹1,83,024.23
Hindustan Unilever Ltd	₹2,340.40	₹5,49,898.34
Nestle India Ltd	₹2,195.90	₹2,11,719.27
Godrej Consumer Products Ltd	₹1,160.15	₹1,18,684.26
Britannia Industries Ltd	₹4,904.60	₹1,18,136.26
Dabur India Ltd	₹521.15	₹92,364.20

Varun Beverages Ltd News

Varun Beverages Ltd slips for fifth straight session

Varun Beverages Ltd is quoting at Rs 598.35, down 1.17% on the day as on 13:19 IST on the NSE. The stock jumped 17.04% in last one year as compared to a 8.66% rally in NIFTY and a 1.75% spurt in the Nifty FMCG index.

10 Jan 2025, 01:35 pm

Varun Beverages allots 41,250 equity shares under ESOP

16 Dec 2024, 06:58 pm

Varun Beverages Ltd spurts 3.8%, up for third straight session

Varun Beverages Ltd is quoting at Rs 633.05, up 3.8% on the day as on 12:49 IST on the NSE. The stock is up 51.11% in last one year as compared to a 20.57% gain in NIFTY and a 8.19% gain in the Nifty FMCG index.

19 Nov 2024, 01:05 pm

Varun Beverages rises on launching QIP with floor price of Rs 594.56/share

Varun Beverages added 1.46% to Rs 576.10 after the company's board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 594.56 per share.

14 Nov 2024, 12:59 pm

Varun Beverages launches QIP issue

With floor price of Rs 594.56 per share

14 Nov 2024, 03:25 pm

Varun Beverages Ltd Stock Analysis

Annual revenue for Varun Beverages Ltd remains unchanged by 0.00% to ₹0 crore in FY 2024 from ₹0 crore in FY 2023.
Annual Net Profit for Varun Beverages Ltd remains unchanged by 0.00% to ₹0 crore in FY 2024 from ₹0 crore in FY 2023.
Promoter Shareholding in Varun Beverages Ltd remains unchanged by 0.00% in the most recent quarter, from 60.20% in November 2024 to 60.20% in December 2024.
Varun Beverages Ltd delivered a 1-year return of 6.45% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Varun Beverages Ltd share price moved down by 1.37% from its previous close of INR ₹541.50. The latest Varun Beverages Ltd share price is INR ₹534.10.
Varun Beverages Ltd share price today has been at a low of 524.75 and a high of 546.80. Over the past 52 weeks, the Varun Beverages Ltd share price has seen a low of 488.40 and a high of 681.12.

About Varun Beverages Ltd

Varun Beverages Ltd. is a leading Indian multinational company. It focuses on the manufacturing, bottling, and distribution of beverages. The company operates in the food and beverage sector. It is the largest bottling company of PepsiCo's beverages outside the United States.

Varun Beverages Ltd. falls under the food and beverage sector. The company was incorporated in 1995 as a subsidiary of RJ Corp. It has grown to become a significant player in the global beverage industry, with a strong presence in multiple countries.

The headquarters of Varun Beverages Ltd. is located in Gurgaon, Haryana, India. The company is promoted by RJ Corp, with Ravi Kant Jaipuria being the key promoter and founder. He also serves as a non-executive chairman of the company. The other crucial managerial promoters of the company include:

Varun Jaipuria
Raj Pal Gandhi
Rajinder Jeet Singh Bagga
Abhiram Seth

Varun Beverages' main products include carbonated soft drinks (CSDs) such as Pepsi, 7 Up, Mountain Dew, and Mirinda. The company also distributes non-carbonated beverages (NCBs). This includes Gatorade sports drinks, Tropicana fruit juices, Creambell milkshakes, Lipton ready-to-drink iced tea, and Aquafina bottled water.

Varun Beverages Ltd. is the largest bottling company of PepsiCo's beverages outside the United States. The company has a substantial market capitalization that makes it a major player in the industry. Varun Beverages is recognized for its extensive product portfolio and strong market presence.

The promoter shareholding in Varun Beverages Ltd. stands at 62.66%. Among these, the major shares are owned by RJ Corp Limited. It holds 26.75% of shares, demonstrating strong promoter commitment to the business.

The registered office of Varun Beverages Ltd. is located at F- 2/7, Okhla Industrial Area, Phase-I, New Delhi - 110020, Delhi, India. Its registrar is situated at Selenium Tower B, Plot No. 31-32, Gachibowli, Financial District, Nanakramguda, Seri Hyderabad 500032, Telangana.

Varun Beverages Ltd. is a well-established beverage company in India. The company is known for its comprehensive range of products and strong market presence. Its commitment to quality, innovation, and customer satisfaction has solidified its position as a trusted name in the food and beverage sector.

Future Strategy of the Company

In the dynamic and ever-evolving landscape of the global beverage industry, Varun Beverages Ltd. stands poised to implement a comprehensive and forward-thinking strategy. This strategy promises to redefine its market positioning and drive sustainable growth. With decades of experience and a robust partnership with PepsiCo, the company is strategically positioning itself to capitalise on emerging market trends, technological innovations, and changing consumer preferences.

The company's future strategy fundamentally centres on geographical expansion and market diversification. Varun Beverages has established itself as the largest PepsiCo bottler outside the United States. Thus, they aim to strengthen its footprint across existing markets while exploring new geographical territories.

The strategy involves a multi-pronged approach to organic growth and strategic acquisitions, particularly in emerging markets across South Asia, the Middle East, and potentially African regions. By leveraging its existing operational expertise and robust distribution network, the company plans to replicate its successful Indian model in other developing markets. This creates a scalable and adaptable business expansion blueprint.

Product portfolio diversification represents another critical component of Varun Beverages' future strategy. The company is committed to expanding its non-carbonated beverage (NCB) segment. This is because they recognize the shifting consumer preferences towards healthier and more diverse beverage options.

The expansion of NCB involves developing and introducing more nutritional, functional, and innovative drink categories that cater to health-conscious consumers. The strategy includes potential investments in indigenous beverage formats, low-sugar alternatives, and beverages with enhanced nutritional profiles. Additionally, Varun Beverages Ltd. aims to future-proof its portfolio and attract a more diverse consumer base. This is done by broadening its product range beyond traditional carbonated soft drinks.

Technological innovation and digital transformation are integral to the company's forward-looking strategy. Varun Beverages is investing significantly in advanced manufacturing technologies, automation, and data-driven decision-making processes. The focus includes implementing smart manufacturing techniques and enhancing supply chain efficiency.

This will be accomplished through developing digital platforms for enhanced customer engagement and distribution management. These technological interventions are designed to reduce operational costs, improve product quality, and create more responsive and agile business processes.

Sustainability and environmental responsibility are increasingly becoming central to the company's strategic planning. Hence, Varun Beverages is committed to developing a comprehensive sustainability roadmap that addresses environmental challenges inherent in the beverage manufacturing industry. This includes investments in water conservation technologies, exploring eco-friendly packaging solutions and reducing carbon footprint.

The human capital development strategy is equally crucial in Varun Beverages' future planning. The company aims to create a robust talent ecosystem by investing in continuous learning programs, developing leadership pipelines, and fostering a culture of innovation and adaptability.

Varun Beverages Ltd.'s future strategy represents a holistic and dynamic approach to business growth. It is well-positioned to emerge as a global beverage powerhouse in the coming decades. This is because of its strong promoter commitment, a proven track record of successful partnerships, and a clear vision for growth.