Business description: 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.

Number of employees: 11,041

Sales by Activity: Varun Beverages Limited

Fiscal Period: December 2020 (INR) 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR)

Manufacturing and Sale of Beverages

6.45TCr 8.82TCr 13TCr 16TCr 20TCr

Geographical breakdown of sales: Varun Beverages Limited

Fiscal Period: December 2020 (INR) 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR)

India

4.83TCr 6.54TCr 11TCr 13TCr 14TCr

Outside India

1.73TCr 2.41TCr 2.88TCr 3.74TCr 6.31TCr

Executive Committee: Varun Beverages Limited

Manager TitleAgeSince
Director of Finance/CFO - 30/07/2025
Compliance Officer - 12/05/2017
Chief Operating Officer 53 21/06/2000
Corporate Officer/Principal 53 -
Corporate Officer/Principal 52 03/06/1996

Composition of the Board of Directors: Varun Beverages Limited

Director TitleAgeSince
Chairman 71 16/06/1995
Director/Board Member 38 01/01/2009
Director/Board Member 68 21/10/2004
Director/Board Member 62 02/05/2019
Director/Board Member - 16/02/2018
Director/Board Member 69 19/03/2018
Director/Board Member 70 19/03/2018
Director/Board Member 74 02/05/2023
Director/Board Member - 02/05/2023
Director/Board Member 80 01/12/2015

Shareholders: Varun Beverages Limited

NameEquities%Valuation
RJ Corp. Ltd.
25.28 %
85,50,41,916 25.28 % 4 377 M ₹
16.71 %
56,50,86,222 16.71 % 2 892 M ₹
15.43 %
52,18,59,870 15.43 % 2 671 M ₹
2.329 %
7,87,79,775 2.329 % 403 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt)
1.638 %
5,54,11,117 1.638 % 284 M ₹

Company details: Varun Beverages Limited

Varun Beverages Ltd.

RJ Corp House

122002, Gurugram

+91 12 4464 3100

http://www.varunbeverages.com
address Varun Beverages Limited(VBL)

Group companies: Varun Beverages Limited

NameCategory and Sector
Miscellaneous Manufacturing

Other Non-Alcoholic Beverages

Change 5d. change 1-year change 3-years change Capi.($)
-2.21%-3.02%-10.25%+62.13% 1.65TCr
+0.54%-3.45%+8.40%+30.26% 33TCr
-1.22%-6.59%-13.97%-19.00% 3.84TCr
+0.09%-5.22%+29.68%+106.90% 2.19TCr
+0.75%-0.23%-0.55%+32.00% 1.97TCr
+0.06%-0.83%+66.72%+284.91% 1.36TCr
-2.46%-5.70%+15.50%+21.42% 1.3TCr
-0.92%-13.71%+56.08%+46.55% 1.1TCr
-0.15%-4.86%-3.78%-3.45% 918.47Cr
-0.62%-3.57%-30.81%+43.60% 800.78Cr
Average -0.60%-4.97%+11.70%+60.53% 4.83TCr
Weighted average by Cap. +0.12%-5.31%+8.63%+37.87%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
25
Last Close Price
437.75INR
Average target price
561.77INR
Spread / Average Target
+28.33%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. VBL Stock
  4. Company Varun Beverages Limited
SPRING SALE -40%: The Best Tools Reserved for Subscribers to Identify Tomorrow's Top Investments!
d
:
:
BENEFIT NOW