SWOT Analysis
- S
- W
- O
- T
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Strength (8)
Growth in Net Profit with increasing Profit Margin (QoQ)
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Weakness (6)
See all stocks where promoters decreased their stake. Promoters decreasing their shareholding in a stock is considered negative for the stock.
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Opportunity (2)
Street Favorite: High Analyst Rating with at least 20% upside
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Threats (0)
- Growth in Net Profit with increasing Profit Margin (QoQ)
- Companies with Low Debt
- Increasing Revenue every quarter for the past 2 quarters
- Increasing profits every quarter for the past 2 quarters
- Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
- Annual Net Profits improving for last 2 years
- Companies with Zero Promoter Pledge
- High Volume, High Gain
- Street Favorite: High Analyst Rating with at least 20% upside
- FII / FPI or Institutions increasing their shareholding
Technical Analysis
Moving Averages
- 5 Day 415.4
- 10 Day 413.9
- 12 Day 414.1
- 20 Day 417.4
- 26 Day 421.0
- 50 Day 436.1
- 100 Day 452.9
- 200 Day 465.4
Current Price
- Bullish Moving Averages 8
- Bearish Moving Averages 8
Resistance and support
- First Resistance 426.2
- Second Resistance 430.4
- Third Resistance 435.3
- First Support 417.0
- Second Support 412.1
- Third Support 407.9
Company Financials
- Profit and loss statement
- Balance sheet
- Quarterly Result
- Ratio
- CAGR IN 10 YEARS
- 19.27%
- 31.40%
- 45.87%
Dec 2025 (CR) |
Dec 2024 (CR) |
Dec 2023 (CR) |
Dec 2022 (CR) |
Dec 2021 (CR) |
||
|---|---|---|---|---|---|---|
| Sales | 14,556.82 | 14,348.60 | 12,632.83 | 10,595.83 | 6,595.74 |
|
| Operating Profit | 3,764.96 | 3,687.51 | 2,984.80 | 2,179.99 | 1,180.41 |
|
| OP Profit Margin | 25.86 | 25.70 | 23.63 | 20.57 | 17.90 |
|
| Interest | 33.22 | 353.60 | 244.45 | 156.12 | 156.35 |
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| Profit After Tax | 2,676.64 | 2,320.36 | 1,775.13 | 1,270.20 | 489.49 |
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| Cash Profit | 3,379.59 | 2,938.58 | 2,293.46 | 1,756.79 | 892.38 |
|
| EPS | 7.91 | 6.86 | 13.66 | 19.56 | 11.30 |
|
- CAGR IN 10 YEARS
- 27.30%
- -13.30%
- 15.75%
Dec 2025 (CR) |
Dec 2024 (CR) |
Dec 2023 (CR) |
Dec 2022 (CR) |
Dec 2021 (CR) |
||
|---|---|---|---|---|---|---|
| Equity | 676.40 | 676.30 | 649.61 | 649.55 | 433.03 |
|
| Reserve Surplus | 18,088.13 | 15,882.40 | 6,425.85 | 4,867.85 | 3,965.59 |
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| TOT Debts | 404.23 | 881.21 | 4,882.10 | 3,594.96 | 3,185.58 |
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| Gross Block | 15,239.99 | 12,910.12 | 10,138.82 | 8,559.89 | 7,410.59 |
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| Capital Work In Progress | 140.73 | 960.03 | 1,576.00 | 539.95 | 477.95 |
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| Cash Liquid Investment | 1,599.94 | 2,058.71 | 52.31 | 47.49 | 24.24 |
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| Net Working Capital | 3,440.97 | 3,476.42 | 1,096.04 | 693.57 | 486.94 |
|
| Current Assets | 5,160.48 | 5,400.04 | 2,999.64 | 2,513.01 | 1,850.20 |
|
| Current Liabilities | 1,719.51 | 1,923.62 | 1,903.60 | 1,819.45 | 1,363.26 |
|
Jun 2026 (CR) |
Mar 2026 (CR) |
Dec 2025 (CR) |
Sep 2025 (CR) |
Jun 2025 (CR) |
||
|---|---|---|---|---|---|---|
| Sales | 5,996.21 | 4,500.55 | 2,135.29 | 3,063.98 | 5,305.02 |
|
| Gross Profit | 1,978.62 | 1,242.42 | 526.99 | 928.55 | 1,727.81 |
|
| Gross Profit Margins | 55.62 | 48.70 | 48.45 | 58.81 | 59.06 |
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| Operating Profit | 1,878.17 | 1,172.36 | 325.38 | 786.80 | 1,641.48 |
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| OP Profit Margin | 29.34 | 23.28 | 16.60 | 24.95 | 29.24 |
|
| Interest | 3.94 | 4.26 | 12.82 | 7.94 | 3.69 |
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| Profit After Tax | 1,324.33 | 787.91 | 261.02 | 577.40 | 1,160.16 |
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| Cash Profit | 1,547.83 | 986.89 | 446.30 | 749.43 | 1,340.27 |
|
| EPS | 3.92 | 2.33 | 0.77 | 1.71 | 3.43 |
|
- CAGR IN 10 YEARS
- 27.30%
- -13.30%
- 15.75%
Dec 2025 (CR) |
Dec 2024 (CR) |
Dec 2023 (CR) |
Dec 2022 (CR) |
Dec 2021 (CR) |
||
|---|---|---|---|---|---|---|
| PE | 61.89 | 93.04 | 90.50 | 67.63 | 78.43 |
|
| P/BV | 8.83 | 13.04 | 22.70 | 15.57 | 8.73 |
|
| MCAP Sales | 11.38 | 15.05 | 12.72 | 8.11 | 5.82 |
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| Asset Turnover | 0.79 | 0.96 | 1.18 | 1.24 | 0.88 |
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| EV/EBITDA | 38.44 | 53.13 | 52.85 | 38.49 | 33.57 |
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| DEBT/EQUITY | 0.04 | 0.24 | 0.67 | 0.68 | 0.74 |
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| ROE | 15.16 | 19.64 | 28.19 | 25.62 | 11.64 |
|
| ROCE | 19.35 | 22.98 | 24.32 | 21.53 | 11.13 |
|
Quick Results Snapshot
Q2CY26 Quarterly Result Announced for Varun Beverages Ltd.
Food & Beverages company Varun Beverages announced Q2CY26 results
Consolidated Financial Highlights:
- Revenue from operations for Q2CY26 stood at Rs 86,505.70 million, representing a QoQ growth of 28.70% compared to Rs 67,215.37 million in Q1CY26 and a YoY increase of 20.77% over Rs 71,630.21 million in Q2CY25.
- Total income for the quarter Q2CY26 was Rs 87,549.51 million, up 29.41% from Rs 67,650.65 million in Q1CY26 and rising 20.92% from Rs 72,401.79 million in Q2CY25.
- Net profit after tax for Q2CY26 reached Rs 15,253.55 million, showing a significant QoQ growth of 73.59% over Rs 8,787.13 million in Q1CY26 and a YoY increase of 15.08% compared to Rs 13,254.88 million in Q2CY25.
- Profit before tax for Q2CY26 was Rs 19,771.77 million, reflecting a QoQ increase of 69.98% from Rs 11,631.89 million in Q1CY26 and a YoY growth of 14.15% from Rs 17,320.44 million in Q2CY25.
- Basic Earnings Per Share (EPS) for Q2CY26 was Rs 4.50, compared to Rs 2.58 in Q1CY26 and Rs 3.89 in Q2CY25.
Standalone Financial Highlights:
- Revenue from operations in Q2CY26 was Rs 59,962.08 million, up 33.23% from Rs 45,005.54 million in Q1CY26 and up 13.03% from Rs 53,050.21 million in Q2CY25.
- Total income for Q2CY26 stood at Rs 61,006.00 million, compared to Rs 46,748.76 million in Q1CY26 (up 30.50%) and Rs 53,950.35 million in Q2CY25 (up 13.08%).
- Net profit after tax for Q2CY26 was Rs 13,243.32 million, marking a QoQ growth of 68.08% over Rs 7,879.07 million in Q1CY26 and a YoY increase of 14.15% over Rs 11,601.61 million in Q2CY25.
- Profit before tax for Q2CY26 reached Rs 17,551.21 million, as against Rs 10,434.37 million in Q1CY26 and Rs 15,476.99 million in Q2CY25.
Business Highlights:
- Interim Dividend: The Board of Directors approved a second interim dividend of Rs 0.50 per equity share of the nominal value of Rs 2/- each for the financial year FY27.
- International Acquisitions:
- The Group's South African subsidiary, Bevco, acquired 100% share capital of Twizza Proprietary Limited for an enterprise value of ZAR 2,053 million (Rs 11,398 million) on March 18, 2026.
- Bevco has entered into a binding agreement to acquire 100% stake in Crickley Dairy Proprietary Limited in South Africa for an enterprise value of ZAR 238.00 million (Rs 1,314.68 million).
- VBL Industries (Kenya) Limited entered into an agreement to acquire the value-added dairy, juices, and packaged drinking water business of Devyani Food Industries (Kenya) Limited for a consideration of USD 32 million (Rs 3,050 million).
- Energy Investments: The company subscribed to a 29.99% equity share capital in FPEL HR2 Energy Private Limited for Rs 15.84 million and acquired an additional 23% stake in Jager Renewables Two Private Limited for Rs 70.51 million to provide solar power for captive consumption in Haryana and Rajasthan.
- Revised PepsiCo Agreement: On May 21, 2026, the company entered into a revised Exclusive Bottling Appointment (EBA) and trademark license agreement with PepsiCo for India, extending the term to April 30, 2049. The revised agreement removes previous restrictions that limited the company to acting as an SPV for PepsiCo business.
- New Brand Alliance: The company entered into a business alliance with Asahi Group Holdings to introduce and commercialize the 'CALPIS' fermented milk-based beverage brand in India in Original and Mango variants.
Ravi Jaipuria, Chairman, Varun Beverages, said: “We are pleased to report a strong performance during this quarter across our markets. Consolidated sales volumes grew by 19.8% and, together with improved realizations, translated into a 20.4% increase in net revenue from operations. EBITDA increased by 17.2% to Rs. 23,430.4 million in Q2CY26.
In India, we saw healthy volume growth in twenties since the onset of season i.e. from March onwards except for the month of April which was about flat resulting in overall volume growth for the quarter of 14.4%. Our expanded manufacturing footprint, extensive distribution network and continued investments in chilling infrastructure continued to drive growth.
We also extended our exclusive bottling and trademark licence agreement with PepsiCo in India until April 2049 and removed the earlier restriction requiring VBL to operate solely as an SPV for PepsiCo's business, strengthening our long-term partnership and creating greater operational flexibility to pursue opportunities that can deliver scale, and synergies.
We also entered a strategic alliance with Asahi Group Holdings to introduce the iconic CALPIS brand in India, marking our entry into the value-added fermented dairy beverage category.
The international business maintained strong momentum. Twizza, in South Africa, helped overcoming capacity constraints, while strengthening our manufacturing footprint and route-to-market capabilities in South Africa. We also entered into an agreement to acquire the business of Devyani Food Industries (Kenya) Limited, which will provide us with the ready GTM in Kenya for expansion into carbonated soft drinks and energy drinks.
In accordance with our dividend policy, the Board of Directors has approved an interim dividend of 25% of face value, i.e., Rs 0.50 per share, resulting in a total cash outflow of approximately ~Rs 1,691 million.
Looking ahead, we remain confident in the long-term growth potential across our markets, supported by favourable demographics, rising disposable incomes and increasing consumption of packaged beverages. With adequate capacities, a growing and diversified portfolio, strong partnerships and an extensive distribution network, we are well positioned to deliver sustained and profitable growth and create long-term value for all our stakeholders.”
Stocks Comparison
Table
Chart
Company name |
LTP |
Market cap (Cr) |
Return (1Y %) |
Risk (Std. Dev.) |
PE Ratio |
Financial Year |
|---|---|---|---|---|---|---|
| Varun Beverages Ltd | 421.95 | 142,724.36 | -10.42 | 0.13 | 41.85 | Dec 2025 |
| Hindustan Unilever Ltd | 1,932.00 | 453,941.03 | -23.57 | 0.05 | 30.37 | Mar 2026 |
| ITC Ltd | 262.30 | 328,675.46 | -35.92 | 0.08 | 16.28 | Mar 2026 |
| Nestle India Ltd | 1,372.40 | 264,641.86 | 13.96 | 0.08 | 68.48 | Mar 2026 |
| Britannia Industries Ltd | 4,998.00 | 120,385.97 | -18.03 | 0.05 | 46.29 | Mar 2026 |
| Marico Ltd | 803.90 | 104,522.15 | 12.92 | 0.05 | 53.36 | Mar 2026 |
| Tata Consumer Products Ltd | 996.00 | 98,573.13 | -12.35 | 0.06 | 60.45 | Mar 2026 |
| Godrej Consumer Products Ltd | 880.00 | 90,050.84 | -29.23 | 0.09 | 47.27 | Mar 2026 |
| Dabur India Ltd | 395.25 | 70,115.65 | -26.14 | 0.08 | 35.07 | Mar 2026 |
| Colgate-Palmolive (India) Ltd | 1,917.80 | 52,161.40 | -18.32 | 0.09 | 38.04 | Mar 2026 |
| Patanjali Foods Ltd | 367.00 | 39,933.59 | -39.07 | 0.05 | 20.06 | Mar 2026 |
| Cupid Ltd | 265.00 | 35,633.51 | 534.88 | 0.23 | 259.85 | Mar 2026 |
| Hatsun Agro Product Ltd | 1,139.10 | 25,373.26 | 25.44 | 0.13 | 69.48 | Mar 2026 |
| AWL Agri Business Ltd | 186.98 | 24,301.39 | -27.89 | - | 20.98 | Mar 2026 |
| Procter & Gamble Hygiene and Health Care Ltd | 7,486.00 | 24,300.11 | -44.07 | 0.07 | 30.78 | Mar 2026 |
| Gillette India Ltd | 7,073.00 | 23,050.91 | -29.11 | 0.06 | 34.55 | Mar 2026 |
| Zydus Wellness Ltd | 522.25 | 16,615.94 | 1.28 | 0.10 | 88.09 | Mar 2026 |
| Emami Ltd | 368.45 | 16,082.84 | -38.92 | 0.07 | 21.44 | Mar 2026 |
| L T Foods Ltd | 423.20 | 14,695.74 | -8.41 | 0.09 | 22.93 | Mar 2026 |
| Bikaji Foods International Ltd | 580.25 | 14,548.98 | -26.40 | 0.05 | 56.98 | Mar 2026 |
| Godrej Agrovet Ltd | 661.60 | 12,729.94 | -9.72 | 0.10 | 29.93 | Mar 2026 |
| Manorama Industries Ltd | 1,966.90 | 12,415.54 | 39.28 | 0.14 | 48.10 | Mar 2026 |
| Avanti Feeds Ltd | 774.45 | 10,551.54 | 5.64 | 0.21 | 17.95 | Mar 2026 |
| KRBL Ltd | 392.45 | 8,982.78 | -3.04 | 0.15 | 11.85 | Mar 2026 |
| Jyothy Labs Ltd | 195.07 | 7,163.25 | -39.98 | 0.15 | 25.23 | Mar 2026 |
| Bajaj Consumer Care Ltd | 512.15 | 6,689.62 | 115.70 | 0.16 | 30.03 | Mar 2026 |
| Dodla Dairy Ltd | 1,083.60 | 6,537.12 | -24.40 | 0.07 | 26.80 | Mar 2026 |
| Parag Milk Foods Ltd | 268.50 | 3,372.62 | -7.61 | 0.15 | 26.00 | Mar 2026 |
Corporate Action
- Announcement
- Board Meeting
- Dividend
- Split
- Rights
- Events
Varun Beverages Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 18, 2026We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, representatives of the Company shall participate in the meeting of group of investors as per schedule given in the enclosed intimation.
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 18, 2026We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 representatives of the Company shall participate in the meeting of group of investors as per schedule given in the enclosed intimation.
Varun Beverages Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 15, 2026We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, representatives of the Company shall participate in the meetings of group of investors as per schedule given in the enclosed intimation.
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Sep 14, 2026Press Release to be issued in Kenya by VBL Industries (Kenya) Limited wholly-owned subsidiary of our Company.
Varun Beverages Limited - ESOP/ESOS/ESPS
Sep 11, 2026The Share Allotment Committee today approved the allotment of 29,750 Equity Shares of face value of Rs. 2 each upon exercise of stock options vested under the Employees Stock Option Scheme 2016 as per details in enclosed intimation.
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Sep 11, 2026The Share Allotment Committee today approved the allotment of 29750 Equity Shares of face value of Rs. 2 each upon exercise of stock options vested under the Employees Stock Option Scheme 2016 as per details in enclosed intimation
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 09, 2026We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 representatives of the Company shall participate in the meeting of group of investors as per schedule given in the enclosed intimation.
Varun Beverages Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Sep 09, 2026We wish to inform you that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, representatives of the Company shall participate in the meeting of group of investors as per schedule given in the enclosed intimation.
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulat
Aug 31, 2026Update on incorporation of KIVA Spirits and Company Limited as per details enclosed.
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulat
Aug 25, 2026The Board of Directors at their meeting held today inter-alia approved: (i) to incorporate a wholly-owned subsidiary company in India (ii) appointment of Mr. Prathmesh Mishra as CEO & Managing Director of above-mentioned proposed wholly-owned subsidiary company in India and (iii) to incorporate a joint venture company in Tunisia as per details in enclosed disclosure.
| Ex-Date | Purpose | Notes |
|---|---|---|
| 2026-07-28 | Quarterly Results & Interim Dividend | |
| 2026-04-27 | Audited Results & Interim Dividend | |
| 2026-02-03 | Audited Results & Final Dividend | |
| 2025-10-29 | Quarterly Results | |
| 2025-07-29 | Quarterly Results & Interim Dividend | |
| 2025-04-30 | Quarterly Results & Interim Dividend | |
| 2025-02-10 | Audited Results & Final Dividend | |
| 2024-10-22 | Quarterly Results | |
| 2024-10-09 | Others | inter-alia, to consider and approve : (i) Raising of funds by way of issuance of Equity Shares through Qualified Institutions Placement (QIP). |
| 2024-07-30 | Quarterly Results, Dividend & Stock Split | |
| 2024-05-13 | Quarterly Results | |
| 2024-02-05 | Audited Results & Final Dividend | |
| 2023-11-06 | Quarterly Results | |
| 2023-08-03 | Quarterly Results & Interim Dividend | |
| 2023-05-02 | Quarterly Results & Stock Split | |
| 2023-02-06 | Audited Results & Final Dividend | |
| 2022-11-01 | Quarterly Results | |
| 2022-08-01 | Quarterly Results & Interim Dividend | |
| 2022-04-28 | Quarterly Results | |
| 2022-02-03 | Audited Results | |
| 2021-10-29 | Quarterly Results | |
| 2021-08-02 | Quarterly Results & Interim Dividend | |
| 2021-05-03 | Quarterly Results & Bonus | |
| 2021-02-16 | Audited Results | |
| 2020-11-03 | Quarterly Results | |
| 2020-08-04 | Quarterly Results & Interim Dividend | |
| 2020-05-05 | Quarterly Results | |
| 2020-02-07 | Audited Results & Others | Inter alia, to consider Enabling resolution to raise capital from time to time through Qualified Institutions Placement subject to approval of shareholders of the Company. |
| 2019-11-04 | Quarterly Results | |
| 2019-08-01 | Quarterly Results & Interim Dividend | |
| 2019-06-17 | Bonus issue | inter alia,to consider proposal for declaration of Bonus Issue of Equity Shares. |
| 2019-05-09 | Quarterly Results | |
| 2019-02-20 | Audited Results | |
| 2018-10-25 | Quarterly Results | |
| 2018-08-09 | Half Yearly Results & Interim Dividend | |
| 2018-05-03 | Quarterly Results | |
| 2018-03-19 | Others | |
| 2018-02-16 | Audited Results | |
| 2018-01-17 | Others | |
| 2017-11-06 | Quarterly Results | |
| 2017-08-09 | Quarterly Results & Interim Dividend | |
| 2017-05-12 | Quaterly Results | |
| 2017-02-20 | Audited Results & Others | Issue of Debt Securities. |
| 2016-12-03 | Others | To consider and approve redemption / call upon / purchase of the Rated, Unsecured, Listed Redeemable, Rupee Denominated Non-convertible Debentures. |
| Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
| 2026-07-31 | 0.5 | INTERIM | 2026-08-01 | Equity Share |
| 2026-04-30 | 0.5 | INTERIM | 2026-05-01 | Equity Share |
| 2026-04-08 | 0.5 | FINAL | 2026-04-08 | Equity Share |
| 2025-08-01 | 0.5 | INTERIM | 2025-08-02 | Equity Share |
| 2025-05-07 | 0.5 | INTERIM | 2025-05-07 | Equity Share |
| 2025-04-04 | 0.5 | FINAL | 2025-04-04 | Equity Share |
| 2024-08-09 | 1.25 | INTERIM | 2024-08-09 | Equity Share |
| 2024-04-04 | 1.25 | FINAL | 2024-04-04 | Equity Share |
| 2023-08-14 | 1.25 | INTERIM | 2023-08-16 | Equity Share |
| 2023-04-12 | 1 | FINAL | 2023-04-12 | Equity Share |
| 2022-08-11 | 2.5 | INTERIM | 2022-08-12 | Equity Share |
| 2021-08-11 | 2.5 | INTERIM | 2021-08-12 | Equity Share |
| 2020-08-14 | 2.5 | INTERIM | 2020-08-17 | Equity Share |
| 2019-08-26 | 2.5 | INTERIM | 2019-08-27 | Equity Share |
| 2018-08-20 | 2.5 | INTERIM | 2018-08-21 | Equity Share |
| 2017-08-16 | 2.5 | INTERIM | 2017-08-18 | Equity Share |
| Ex-Date | Old FV | New FV | Record Date |
|---|---|---|---|
| 2024-09-12 | 5 | 2 | 2024-09-12 |
| 2023-06-15 | 10 | 5 | 2023-06-15 |
| Event Date | Event |
|---|---|
| Jun 06, 2022 | Bonus |
| Jun 10, 2021 | Bonus |
| Jul 25, 2019 | Bonus |
Insider & Institutional Activity
- Bulk Block Deals
- Insider Trading & SAST
Client name |
Deal Type |
Date |
Action |
Avg. price |
Quantity |
Exchange |
|---|---|---|---|---|---|---|
| Morgan Stanley Asia Singapore Pte | Block | 2025-09-26 |
Purchase |
451.85 | 231,971 | NSE |
| Goldman Sachs Bank Europe Se - Odi | Block | 2025-09-26 |
Sell |
451.85 | 231,971 | NSE |
| Goldman Sachs Bank Europe Se - Odi | Block | 2025-09-10 |
Purchase |
477.00 | 1,357,949 | NSE |
| Goldman Sachs (Singapore) Pte - Odi | Block | 2025-09-10 |
Sell |
477.00 | 1,357,949 | NSE |
| Goldman Sachs Bank Europe Se - Odi | Block | 2025-09-08 |
Purchase |
469.65 | 1,471,154 | NSE |
| Goldman Sachs (Singapore) Pte - Odi | Block | 2025-09-08 |
Sell |
469.65 | 1,471,154 | NSE |
| Goldman Sachs Bank Europe Se - Odi | Block | 2025-09-04 |
Purchase |
505.25 | 1,552,506 | NSE |
| Goldman Sachs (Singapore) Pte - Odi | Block | 2025-09-04 |
Sell |
505.25 | 1,552,506 | NSE |
| Goldman Sachs Bank Europe Se - Odi | Block | 2025-09-02 |
Purchase |
495.35 | 1,894,144 | NSE |
| Goldman Sachs (Singapore) Pte - Odi | Block | 2025-09-02 |
Sell |
495.35 | 1,894,144 | NSE |
| Goldman Sachs Bank Europe Se - Odi | Block | 2025-08-29 |
Purchase |
497.70 | 1,571,019 | NSE |
| Goldman Sachs (Singapore) Pte - Odi | Block | 2025-08-29 |
Sell |
497.70 | 1,571,019 | NSE |
| The Mtbj Ltd. As Trst For Government Pension Investment Fund Mtbj400045849 | Block | 2025-07-14 |
Purchase |
452.00 | 272,565 | NSE |
| The Mtbj Ltd. As Trst For Govrnmnt Pension Invstmnt Fund Mtbj400045828 | Block | 2025-07-14 |
Sell |
452.00 | 272,565 | NSE |
| Goldman Sachs (Singapore) Pte.- Odi | Block | 2025-07-01 |
Purchase |
457.55 | 1,525,558 | BSE |
| Kadensa Master Fund | Block | 2025-07-01 |
Sell |
457.55 | 1,525,558 | BSE |
| Ubs Ag | Block | 2025-01-23 |
Purchase |
545.35 | 810,700 | NSE |
| Ubs Principal Capital Asia Limited | Block | 2025-01-23 |
Sell |
545.35 | 810,700 | NSE |
| Citigroup Global Markets Singapore Pte Limited | Block | 2024-08-26 |
Purchase |
1,578.50 | 507,000 | NSE |
| Citigroup Global Markets Mauritius Private Limited | Block | 2024-08-26 |
Sell |
1,578.50 | 507,000 | NSE |
| The Jupiter Global Fund-Jupiter India Select | Block | 2024-02-27 |
Purchase |
1,536.95 | 244,170 | BSE |
| Jupiter South Asia Investment Company Limited | Block | 2024-02-27 |
Sell |
1,536.95 | 244,170 | BSE |
| Sector Investment Funds Plc Sector Global Emerging Markets Fund | Block | 2023-05-19 |
Purchase |
1,575.80 | 270,596 | BSE |
| Goldman Sachs (Singapore) Pte.- Odi | Block | 2023-05-19 |
Sell |
1,575.80 | 270,596 | BSE |
| Sector Investment Funds Plc Sector Global Emerging Markets Fund | Block | 2023-05-15 |
Purchase |
1,557.20 | 270,595 | BSE |
| Goldman Sachs (Singapore) Pte.- Odi | Block | 2023-05-15 |
Sell |
1,557.20 | 270,595 | BSE |
| Sector Investment Funds Plc Sector Global Emerging Markets Fund | Block | 2023-05-11 |
Purchase |
1,606.40 | 270,595 | BSE |
| Goldman Sachs (Singapore) Pte.- Odi | Block | 2023-05-11 |
Sell |
1,606.40 | 270,595 | BSE |
| Integrated Core Strategies (Asia) Pte. Ltd. | Bulk | 2022-11-30 |
Sell |
1,245.01 | 4,806,216 | NSE |
| Ishares Core Msci Total International Stock Etf | Block | 2022-05-04 |
Purchase |
1,104.85 | 261,663 | BSE |
| Ishares Core Total International Stock Mauritius Co | Block | 2022-05-04 |
Sell |
1,104.85 | 261,663 | BSE |
| Imco Emerging Markets Public Equity Lp | Block | 2021-12-20 |
Purchase |
866.20 | 735,191 | BSE |
| Ontario Pension Board | Block | 2021-12-20 |
Sell |
866.20 | 735,191 | BSE |
| Ravi Kant Jaipuria And Sons (Huf) | Bulk | 2020-06-26 |
Sell |
685.01 | 1,500,000 | NSE |
| Ravi Kant Jaipuria And Sons (Huf) | Bulk | 2020-06-09 |
Sell |
615.00 | 2,100,000 | BSE |
| Marina Iii (Singapore) Pte Limited | Bulk | 2019-10-24 |
Sell |
630.02 | 1,556,000 | NSE |
| Rj Corp Limited | Bulk | 2019-09-25 |
Sell |
630.01 | 2,700,000 | BSE |
| Reliance Mutual Fund- Growth Fund | Bulk | 2018-01-23 |
Purchase |
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| Reliance Mutual Fund- Top 200 Fund | Bulk | 2018-01-23 |
Purchase |
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| Aion Investments Ii Singapore Pte Ltd-Fdi | Bulk | 2018-01-23 |
Sell |
700.26 | 4,000,000 | NSE |
| Marina Iii (Singapore) Pte Limited | Bulk | 2018-01-05 |
Sell |
730.10 | 2,392,000 | BSE |
| Mondrian Emerging Markets Small Cap Equity Fund L.P | Bulk | 2016-11-08 |
Purchase |
449.46 | 1,097,992 | NSE |
Client name |
Client Category |
Action |
Reported to Exchange |
Quantity |
Post Transaction Holding |
Avg. Price |
Regulation (Insider/SAST) |
Mode |
|---|---|---|---|---|---|---|---|---|
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 200 | 243,279 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 8,521 | 243,479 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 5,212 | 238,067 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 12,512 | 225,555 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 2,881 | 222,674 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 11,000 | 211,674 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 4,874 | 206,800 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 270 | 0 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 206,530 | 270 | SAST Reg31 | Release | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 100,000 | 100,000 | SAST Reg31 | Creation | |
| Vivek Gupta | Promoter |
Pledge |
2024-12-24 | 50,000 | 150,000 | SAST Reg31 | Creation | |
| Ravi Kant Jaipuria & Pacs | Promoter |
Disposal |
2023-08-22 | 6,759,201 | 819,695,621 | SAST 29(2) | Market | |
| Varun Jaipuria & Pacs | Promoter |
Disposal |
2021-09-23 | 1,800,000 | 282,704,129 | SAST 29(2) | Market |
About Varun Beverages Ltd
Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Varun Beverages Ltd. is an Indian-based company involved in producing, bottling, and distributing beverages. It was incorporated in 1995 under the parent company RJ Corporation. The company’s headquarters are based in Gurgaon. For the quarter ended June 2022, the company recorded a profit of Rs 787.44 crore after tax, up 209.76% from the previous quarter ended March 2022. On 5 August 2022, its market capitalisation was worth Rs 66,595 crore.
The company’s Bombay Stock Exchange listing code is 540180, and the National Stock Exchange listing code is VBL.
Varun Beverages Ltd. manufactures carbonated soft drinks, soft drinks, and non-alcoholic beverages. It is the world’s second-largest bottling company of PepsiCo’s beverages outside the United States. The company also distributes Aquafina bottled water, Quaker Oats’ milk-based drinks, Tropicana fruit juices, and Gatorade sports-themed beverages.
The company’s total income for the quarter ended June 2022 was Rs 4,965.29 crore, up 75.08% from the previous quarter ended March 2022. Its quarter-on-quarter revenue growth was the highest in the past three years. In June 2022, the company’s shareholding pattern indicated a promoter stake of 63.9%, foreign institutional investor stake of 23.93%, public stake of 6.86%, and mutual fund stake of 4.38%. RJ Corporation Ltd. is the leading promoter with a 27.4% stake.
Varun Beverages Ltd.’s top management includes Mr Ravi Kant Jaipuria, Mr Pradeep Sardana, Mr Kapil Agarwal, Mr Raj Pal Gandhi, Dr Ravi Gupta, Ms Rashmi Dhariwal, Ms Sita Khosla, Mr Varun Jaipuria, and Mr Rajinder Jeet Singh Bagga, among otheRs The auditors are Walker Chandiok &Co. LLP, APAS & Co. LLP, and APAS & Co.
On 5 August 2022, Varun Beverages Ltd.’s share price on BSE closed at Rs 1024.70. The share price on NSE closed at Rs 1025.25. The 52-week high for Varun Beverages Ltd.’s share price was Rs 1047.80. The 52-week low for the company’s share price was Rs 480.44.
As of July 2022, Sundaram Debt Oriented Hybrid Fund holds a 0.71% stake in Varun Beverages Ltd. Canara Robeco Conservative Hybrid Fund holds a 0.37% stake, while Nippon India Retirement Fund - IG holds a 0.32% stake.
Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Atul Agrawal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose
Varun Beverages share price as on 21 Sep 2026 is Rs. 421.95. Over the past 6 months, the Varun Beverages share price has increased by 3.84% and in the last one year, it has decreased by 10.42%. The 52-week low for Varun Beverages share price was Rs. 381 and 52-week high was Rs. 555.8.
F-2/7 Okhla Industrial Area, Phase-I, New Delhi, New Delhi, 110020
Tel No. 91-124-4643100/41706720-25
Email complianceofficer:rjcorp.in
Chairman & Non Executive Dir.
Vice Chairman & Executive Dire
E D & Wholetime Director
E D & Wholetime Director
Company Secretary / Chief Risk Officer
Independent Non Exe. Director
Independent Non Exe. Director
Independent Non Exe. Director
Independent Non Exe. Director
Independent Non Exe. Director
Non-Exec & Non-Independent Dir
540180
VBL
INE200M01039
Apr
Varun Beverages Ltd FAQs
You can buy Varun Beverages Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Varun Beverages Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 18, 2026 03:59 PM the closing price of Varun Beverages Ltd was Rs.421.95.
The latest PE ratio of Varun Beverages Ltd as of Sep 18, 2026 03:59 PM is 41.85
The latest PB ratio of Varun Beverages Ltd as of Sep 18, 2026 03:59 PM is 7.29
The 52-week high of Varun Beverages Ltd share price is Rs. 555.80 while the 52-week low is Rs. 381.00
According to analyst recommendations, Varun Beverages Ltd Share has a "Buy" rating for the long term.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 18, 2026 03:59 PM, the market cap of Varun Beverages Ltd stood at Rs. 142,715.98 Cr.
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