Medium riskMid capEducational sample dataset

Varun Beverages

VBL · NSE & BSE · Consumer Goods · Beverages

Current price

₹650.00

+0.80%FY24 (illustrative)

Illustrative / demo price - not live.

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About the company

The largest bottler of PepsiCo beverages in India and several international markets.

Origin & history

Founded in 1995, Varun Beverages scaled into PepsiCo's largest bottling partner.

Founded

1995

Headquarters

Gurugram

Business segments

Carbonated Soft Drinks70.0%
Packaged Water & Juices30.0%

Competitive position (moat)

Exclusive bottling rights and manufacturing scale.

Governance

Promoter-led with professional management.

Promoter holding

63.5%

Institutional holding

20.0%

Why it's interesting

A high-growth beverage bottler benefiting from rising per-capita consumption and capacity expansion.

What to verify

  • Volume growth and capacity utilisation
  • Input costs (sugar, packaging)
  • Competition in beverages

Key risks

  • Input costs
  • Competition
  • Regulatory (sugar, health)

Valuation snapshot

Market cap

₹84,000 cr

Total value of all shares: price multiplied by shares outstanding.

P/E

55.0

Price to earnings: how much you pay per rupee of profit.

P/B

12.0

Price to book: how the price compares to net asset value per share.

EV/EBITDA

28.0

Enterprise value to operating profit: a valuation that accounts for debt and cash.

Dividend yield

0.2%

Annual dividend per share as a percentage of the price.

Profitability

Revenue

₹18,000 cr

EBITDA

₹4,000 cr

Net income

₹2,200 cr

EPS

₹17.00

EBITDA margin

22.2%

Net margin

12.2%

ROE

22.0%

ROCE

18.0%

Revenue growth

20.0%

Balance sheet health

Debt/equity

0.6

Total debt divided by shareholders' equity: how leveraged the company is.

Cash

₹1,500 cr

Cash and equivalents on the balance sheet.

Interest coverage

5.0

How many times operating profit covers interest expense.

Dividends & returns

Dividend yield

0.2%

Dividend yield is the annual payout as a share of the price. A higher yield can signal a mature, cash-generative business - or a falling price. Check the payout history before reading too much into it.

Growth trend

Revenue growth

20.0%

Revenue growth shows how fast the top line is expanding. Pair it with margin trends to see whether growth is turning into profit.

Ownership

Promoter holding

63.5%

Share held by the founding family or group.

Institutional holding

20.0%

Share held by mutual funds, insurers and foreign institutions.

Placeholders - verify in the shareholding pattern.

Key catalysts

  • Capacity expansion
  • Premium products

Red flags

  • Input costs
  • Valuation

52-week range

52-week low

₹420.00

Lowest price in the 52-week range.

52-week high

₹680.00

Highest price in the 52-week range.