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Varun Beverages

  • Market Cap: Large Cap
  • Industry: Breweries & Distilleries
  • ISIN: INE200M01039
  • NSEID: VBL
  • BSEID: 540180
INR
543.35
3.25 (0.6%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 29.29 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

535.35548.45

52 Week

419.40682.84
Valuation
Technical
Day's Volume

CASH

29.29 lacs (-7.14%) Volume

Shareholding (Nov 2024)

FII

25.24%

Held by 1035 FIIs

DII

6.49%

Held by 131 DIIs

Promoter

60.20%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 20.57%

  • Healthy long term growth as Net Sales has grown by an annual rate of 22.92% and Operating profit at 31.45%
  • Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.33 times
2

Positive results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

With ROE of 15.6, it has a Very Expensive valuation with a 11 Price to Book Value

5

High Institutional Holdings at 32.28%

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Breweries & Distilleries

stock-summary
Market cap

INR 183,754 Cr (Large Cap)

stock-summary
P/E

70.00

stock-summary
Industry P/E

73

stock-summary
Dividend Yield

0.18%

stock-summary
Debt Equity

0.02

stock-summary
Return on Equity

15.62%

stock-summary
Price to Book

11.00

Revenue and Profits (1 Year):
Net Sales:
3,689 Cr
(Quarterly Results - Dec 2024)
Net Profit:
185 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.18%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-8.24%
0.08%
-8.16%
1 Year
-4.59%
0.29%
-4.3%
2 Years
88.79%
1.46%
90.25%
3 Years
331.75%
5.52%
337.27%
4 Years
523.06%
11.96%
535.02%
5 Years
978.26%
24.84%
1003.1%

Latest dividend: 0.5 per share ex-dividend date: Apr-04-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
22.92%
EBIT Growth (5y)
31.45%
EBIT to Interest (avg)
7.88
Debt to EBITDA (avg)
1.47
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.28
Tax Ratio
23.27%
Dividend Payout Ratio
15.80%
Pledged Shares
0.04%
Institutional Holding
32.28%
ROCE (avg)
20.46%
ROE (avg)
20.57%
Valuation key factors
Factor
Value
P/E Ratio
70
Industry P/E
73
Price to Book Value
11.00
EV to EBIT
48.63
EV to EBITDA
38.85
EV to Capital Employed
10.78
EV to Sales
9.15
PEG Ratio
3.32
Dividend Yield
0.18%
ROCE (Latest)
22.16%
ROE (Latest)
15.62%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Nov 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

0.039

Mutual Funds

Held by 34 Schemes (3.75%)

FIIs

Held by 1035 FIIs (25.24%)

Promoter with highest holding

Rj Corp Limited (25.69%)

Highest Public shareholder

Government Pension Fund Global (2.11%)

Individual Investors Holdings

5.85%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 38.28% vs 20.48% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 40.30% vs 76.55% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,688.79",
          "val2": "2,667.69",
          "chgp": "38.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "579.97",
          "val2": "418.29",
          "chgp": "38.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "109.01",
          "val2": "73.66",
          "chgp": "47.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "185.15",
          "val2": "131.97",
          "chgp": "40.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.72%",
          "val2": "15.68%",
          "chgp": "0.04%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Jun'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Jun 2024 is 21.15% vs 22.13% in Jun 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Jun 2024 is 25.79% vs 36.60% in Jun 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'24",
        "Jun'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "11,514.18",
          "val2": "9,504.38",
          "chgp": "21.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,979.98",
          "val2": "2,309.06",
          "chgp": "29.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "222.85",
          "val2": "131.94",
          "chgp": "68.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,789.87",
          "val2": "1,422.88",
          "chgp": "25.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "25.88%",
          "val2": "24.29%",
          "chgp": "1.59%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Sep 2024 is 22.01% vs 22.05% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Sep 2024 is 25.24% vs 35.23% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "16,318.86",
          "val2": "13,374.90",
          "chgp": "22.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4,131.10",
          "val2": "3,191.21",
          "chgp": "29.45%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "341.39",
          "val2": "194.44",
          "chgp": "75.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2,409.48",
          "val2": "1,923.95",
          "chgp": "25.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "25.31%",
          "val2": "23.86%",
          "chgp": "1.45%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is 24.72% vs 21.78% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 26.20% vs 37.30% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "20,007.65",
          "val2": "16,042.58",
          "chgp": "24.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "4,711.07",
          "val2": "3,609.49",
          "chgp": "30.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "450.39",
          "val2": "268.10",
          "chgp": "67.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2,594.63",
          "val2": "2,055.92",
          "chgp": "26.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.55%",
          "val2": "22.50%",
          "chgp": "1.05%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,688.79
2,667.69
38.28%
Operating Profit (PBDIT) excl Other Income
579.97
418.29
38.65%
Interest
109.01
73.66
47.99%
Exceptional Items
0.00
0.00
Consolidate Net Profit
185.15
131.97
40.30%
Operating Profit Margin (Excl OI)
15.72%
15.68%
0.04%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 38.28% vs 20.48% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is 40.30% vs 76.55% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Jun'24stock-summary
Jun'24
Jun'23
Change(%)
Net Sales
11,514.18
9,504.38
21.15%
Operating Profit (PBDIT) excl Other Income
2,979.98
2,309.06
29.06%
Interest
222.85
131.94
68.90%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,789.87
1,422.88
25.79%
Operating Profit Margin (Excl OI)
25.88%
24.29%
1.59%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Jun 2024 is 21.15% vs 22.13% in Jun 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Jun 2024 is 25.79% vs 36.60% in Jun 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
16,318.86
13,374.90
22.01%
Operating Profit (PBDIT) excl Other Income
4,131.10
3,191.21
29.45%
Interest
341.39
194.44
75.58%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2,409.48
1,923.95
25.24%
Operating Profit Margin (Excl OI)
25.31%
23.86%
1.45%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Sep 2024 is 22.01% vs 22.05% in Sep 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Sep 2024 is 25.24% vs 35.23% in Sep 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
20,007.65
16,042.58
24.72%
Operating Profit (PBDIT) excl Other Income
4,711.07
3,609.49
30.52%
Interest
450.39
268.10
67.99%
Exceptional Items
0.00
0.00
Consolidate Net Profit
2,594.63
2,055.92
26.20%
Operating Profit Margin (Excl OI)
23.55%
22.50%
1.05%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is 24.72% vs 21.78% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 26.20% vs 37.30% in Dec 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Varun Beverages Ltd stock-summary
stock-summary
Varun Beverages Ltd
Large Cap
Breweries & Distilleries
Varun Beverages Limited, part of the RJ Corp group, a diversified business conglomerate with interests in beverages, quick-service restaurants, dairy and healthcare, is the second largest franchisee in the world (outside US) of carbonated soft drinks ('CSDs') and non-carbonated beverages ('NCBs') sold under trademarks owned by PepsiCo. The company produces and distributes a wide range of CSDs, as well as a large selection of NCBs, including packaged drinking water.
Company Coordinates stock-summary
Company Details
F-2/7 Okhla Industrial Area, Phase-I New Delhi New Delhi : 110020
stock-summary
Tel: 91-124-4643100/41706720-25
stock-summary
http://www.varunpepsi.com
stock-summary
complianceofficer@rjcorp.in
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
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