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Company details

993.00
1,029.10
480.64
1,048.00
6M Return 59.88%
1Y Return 94.55%
Mkt Cap.(Cr) 65,744.20
Volume 46,976
Div Yield 0.16%
OI
-
OI Chg %
-
Volume 46,976

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Call Date

04 Aug 2021

Entry Price

789.00

Target Price

950.00

Duration

Stop Loss

-

BUY

Investment recommendation

Impressive volume growth aided by normal summer

Call Date

02 Aug 2022

Entry Price

926.00

Target Price

1,100.00

Duration

12 Month

Rapid Results

Q1FY23 Quarterly Result Announced for Varun Beverages Ltd.

Varun Beverages Announced Q1FY23 Result :

  • Q2 CY2022:
    • Revenue grew 102% YoY to Rs. 49,548 mn
    • EBITDA higher by 119% YoY to Rs. 12,506 mn
    • PAT higher by 152% YoY to Rs. 8,020 mn
  • H1 CY2022:
    • Revenue grew 66% YoY to Rs. 77,823 mn
    • EBITDA higher by 87% YoY to Rs. 17,816 mn
    • PAT increased by 136% to Rs. 10,731 mn

Commenting on the performance for Q2 & H1 CY2022 Mr. Ravi Jaipuria, Chairman, Varun Beverages Limited said: “We are pleased to share that we have delivered an all-time high performance during the quarter. Our continuous effort to invest in our business despite the pandemic led disruption of peak season during the last two years and return of normalcy in day-to-day activities translated to robust demand leading to consolidated sales volume growth of 96.9% YoY. In addition, we were able to improve our realization per case by taking price hikes in select SKUs, reduction in discounts/incentives, and improving the mix leading to doubling of our topline during the quarter as compared to last year.

On the profitability front, despite the inflationary raw material environment we witnessed limited impact on our gross margins during the quarter because of early stocking of key raw materials and improvement in realizations. Further, operating leverage due to high volume growth translated into improved EBITDA margins of 25.2%. Healthy cash flows during the period enabled us to significantly reduce our debt thereby strengthening our balance sheet position.

I am happy to share that in recognition of our operational excellence, end to end execution capabilities, governance practice and strong track record, VBL was recently awarded from PepsiCo as ‘Best Bottler in Africa, Middle East and South Asia (AMESA) region’ for the year 2021. I am also pleased to share that in-line with our dividend policy, the Board of Directors has recommended an interim dividend of Rs. 2.5 per share. With sustainability being a core principle of our business model, we continue to undertake efforts towards PET-recycling and improving energy & water efficiencies with a goal of having a net positive impact on the planet. On the demand front, we are seeing enhanced consumption trends across markets. Directionally, we continue to implement strategic initiatives to solidify our market position as a key player in the global beverage industry and are confident of continuing our journey of sustainable value creation for all stakeholders.”

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 4,079.91 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 2,384.58 23,141.09
LAST 3M 49,521.50 -18,551.54
LAST 6M 129,719.68 -157,153.27
LAST 12M 215,295.98 -222,611.80

Information

  • About Company
  • Company Info
  • Listing Info
51.26
63.9%
74.1261
16.57%
19.62%

Registered Address

F-2/7 Okhla Industrial Area, Phase-I, New Delhi, New Delhi, 110020

Tel : 91-124-4643100/41706720-25
Email : complianceofficer:rjcorp.in
Website : http://www.varunpepsi.com

Registrar

KFin Techologies Ltd

AGM Date (Month) : Apr
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 540180
NSE Code : VBL
Book Closure Date (Month) : Mar/Apr
BSE Group : A
ISIN : INE200M01013

ICICIdirect Varun Beverages Ltd FAQ

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 Aug 08, 2022 04:01 PM the closing price of Varun Beverages Ltd was ₹ 1,012.15.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Aug 08, 2022 04:01 PM, the market cap of Varun Beverages Ltd stood at ₹ 65,744.20.
The latest PE ratio of Varun Beverages Ltd as of Aug 08, 2022 04:01 PM is 51.26
The latest PB ratio of Varun Beverages Ltd as of Aug 08, 2022 04:01 PM is 0.07
The 52-week high of Varun Beverages Ltd is ₹ 1,048.00 while the 52-week low is ₹ 480.64 .
According to analyst recommendations, Varun Beverages Ltd has a “Buy” rating for the long term.

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