Valuation: Varun Beverages Limited

Capitalization 1,54500Cr 1.7TCr 1.44TCr 1.31TCr 1.25TCr 2.31TCr 2.39TCr 15TCr 6.05TCr 74TCr 6.39TCr 6.25TCr 2,61000Cr P/E ratio 2025
54.5x
P/E ratio 2026 * 45x
Enterprise value 1,53900Cr 1.7TCr 1.43TCr 1.31TCr 1.24TCr 2.3TCr 2.38TCr 15TCr 6.02TCr 74TCr 6.36TCr 6.23TCr 2,60000Cr EV / Sales 2025
7.64x
EV / Sales 2026 * 6.19x
Free-Float
39.79%
Yield 2025
0.1%
Yield 2026 * 0.38%
1 day-0.26%
1 week+2.43%
Current month-3.30%
1 month-7.72%
3 months-3.17%
6 months-10.78%
Current year-6.97%
1 week 432.2
Extreme 432.2
462.7
1 month 432.2
Extreme 432.2
508.85
Current year 432.2
Extreme 432.2
511.65
1 year 419.55
Extreme 419.55
568.5
3 years 249.6
Extreme 249.6
681.12
5 years 77.64
Extreme 77.64
681.12
10 years 20.15
Extreme 20.1481
681.12
Manager TitleAgeSince
Director of Finance/CFO - 30/07/2025
Compliance Officer - 12/05/2017
Chief Operating Officer 53 21/06/2000
Director TitleAgeSince
Chairman 71 16/06/1995
Director/Board Member 38 01/01/2009
Director/Board Member 68 21/10/2004
Change 5d. change 1-year change 3-years change Capi.($)
-0.26%+2.43%-12.42%+77.45% 1.7TCr
+2.33%+1.62%+16.27%+31.83% 34TCr
+4.11%+5.06%-5.29%-15.28% 4.06TCr
+1.43%+10.25%+58.07%+141.80% 2.3TCr
+0.12%+0.04%+0.46%+34.32% 2.01TCr
+1.71%+6.09%+12.43%+216.52% 1.36TCr
-2.41%+3.52%+28.80%+22.28% 1.32TCr
-4.31%-10.04%+101.23%+36.98% 1.14TCr
-7.71%-7.59%+0.42%+7.43% 1.05TCr
+1.96%-1.49%-42.71%+20.88% 702.74Cr
Average -0.64%+2.32%+15.72%+57.42% 4.95TCr
Weighted average by Cap. -0.35%+2.19%+15.83%+39.01%

Financials

2025 2026 *
Net sales 22TCr 237.48Cr 200.15Cr 183.19Cr 174.06Cr 322.73Cr 333.64Cr 2.11TCr 843.44Cr 10TCr 890.65Cr 872.34Cr 36TCr 25TCr 271.84Cr 229.11Cr 209.69Cr 199.24Cr 369.42Cr 381.91Cr 2.42TCr 965.47Cr 12TCr 1.02TCr 998.56Cr 42TCr
Net income 2.98TCr 33Cr 28Cr 25Cr 24Cr 45Cr 46Cr 291.63Cr 116.44Cr 1.43TCr 122.96Cr 120.43Cr 5.03TCr 3.41TCr 38Cr 32Cr 29Cr 28Cr 51Cr 53Cr 334.64Cr 133.61Cr 1.64TCr 141.09Cr 138.19Cr 5.77TCr
Net Debt -635.12Cr -7Cr -5.9Cr -5.4Cr -5.13Cr -9.51Cr -9.83Cr -62Cr -25Cr -305.37Cr -26Cr -26Cr -1.07TCr -1.87TCr -21Cr -17Cr -16Cr -15Cr -28Cr -29Cr -183.17Cr -73Cr -898.51Cr -77Cr -76Cr -3.16TCr
Logo Varun Beverages Limited
Varun Beverages Limited is an India-based company, which is a franchisee of PepsiCo. It produces and distributes a range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. PepsiCo CSD brands produced and sold by it include Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Seven-Up Nimbooz Masala Soda and Evervess. PepsiCo NCB brands produced and sold by it include Tropicana Slice, Tropicana Juices (100% and Delight), Seven-Up Nimbooz, Gatorade as well as packaged drinking water under the brand Aquafina. It has approximately 34 manufacturing plants in India and over six manufacturing plants in international geographies (two in Nepal and one each in Sri Lanka, Morocco, Zambia and Zimbabwe). Its subsidiaries include Varun Beverages (Nepal) Private Limited, Varun Beverages Lanka (Private) Limited, The Beverage Company Proprietary Limited, and others.
Employees
11,041
Date Price Change Volume
12/26/12 455.70 -0.26% 34,01,594
11/26/11 456.90 +0.09% 24,66,686
10/26/10 456.50 -0.19% 52,89,731
09/26/09 457.35 +4.17% 75,03,533
06/26/06 439.05 +0.45% 66,23,250
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
26
Last Close Price
456.90INR
Average target price
567.82INR
Spread / Average Target
+24.28%

Quarterly revenue - Rate of surprise