Important Announcement: Corporate Action
Varun Beverages has undergone stock split which means for every two shares that investors held of face value of Rs 5 each will become five shares of face value of Rs 2 each. There is no need for any action on your part. The updated split shares will reflect in your account automatically.
Varun Beverages Ltd Analyst Rating
based on 18 analysts
89.47%
Buy
10.53%
Hold
0.00%
Sell
Based on 18 analysts offering long term price targets for Varun Beverages Ltd. An average target of ₹700.73
Source: S&P Global Market Intelligence
Varun Beverages Ltd Share analysis
Varun Beverages Ltd price forecast by 18 analysts
Upside of19.22%
High
₹790.8
Target
₹700.73
Low
₹606
Varun Beverages Ltd target price ₹700.73, a slight upside of 19.22% compared to current price of ₹578.9. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Varun Beverages Ltd revenue growth forecast
Expected growth rate Q1, FY2026:0
Forecast
Actual
Including amortisation and stock based compensations
Varun Beverages Ltd EPS growth forecast
EPS estimate Q1, FY2026:0
Forecast
Actual
Source: S&P Global Market Intelligence
Varun Beverages Ltd Performance
Day's Low
Day's High
₹570.5₹60052 Week's Low
52 Week's High
₹331.26₹681.12
| Returns % | |
| 1 Month Return | -3.49 % |
| 3 Month Return | -9.22 % |
| 1 Year Return | + 59.64 % |
| Market Stats | |
| Previous Close | ₹587.75 |
| Open | ₹594.95 |
| Volume | 1.11Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,90,941.01Cr |
Varun Beverages Ltd Key Statistics
| P/E Ratio | 78.74 |
| PEG Ratio | 46.93 |
| Market Cap | ₹1,90,941.01 Cr |
| P/B Ratio | 22.71 |
| EPS | 6.472 |
| Dividend Yield | 0.2 |
| Sector | FMCG |
| ROE | 28.19 |
Varun Beverages Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹1,90,941.01 Cr | 194% | 0.71 | ₹2,101 Cr | ₹16,042 Cr | |
| HOLD | ₹56,775.93 Cr | 13.82% | 0.51 | ₹410 Cr | ₹8,122 Cr | |
| HOLD | ₹1,13,764.95 Cr | 30.73% | 0.52 | ₹1,408 Cr | ₹11,321 Cr | |
| BUY | ₹27,373.91 Cr | 116.73% | 0.63 | ₹262 Cr | ₹4,118 Cr | |
| NA | ₹6,439.84 Cr | 73.82% | 0.54 | NA | NA |
About Varun Beverages Ltd
Varun Beverages Ltd has a presence in over 23 states and 4 union territories in India and has a strong distribution network of over 1 million outlets.
Share Price: ₹578.90 per share as on 04 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,90,941.01Cr as of today
Revenue: ₹7,196.86Cr as on June 2024 (Q2 24)
Net Profit: ₹1,261.83Cr as on June 2024 (Q2 24)
Listing date: 08 Nov, 2016
Chairperson Name: RAVI KANT JAIPURIA
| Organisation | Varun Beverages Ltd |
| Headquarters | Gurugram |
| Industry | FMCG |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 04 Oct
05:30 AM
-Citi initiates coverage on Varun Beverages with a Buy rating and a target price of Rs 800, indicating 36% upside.
07:34 AM
-Varun Beverages reported a 26% YoY rise in net profit to Rs 1,262 crore for Q2.
08:58 AM
-Varun Beverages shares have delivered multibagger returns of 969.18% over five years, despite recent profit booking.
Today's Timeline - 04 Oct
09:40 AM
-Despite Citi's Buy rating, Varun Beverages shares fell nearly 2% to Rs 577.70.
10:21 AM
-Varun Beverages shares down over 1% at Rs 581.50, following Citi's Buy rating.
10:52 AM
-Citi maintains bullish outlook on Varun Beverages, citing strong market position and growth opportunities.
Today's Timeline - 04 Oct
03:37 PM
-Varun Beverages shares rebound 75% from 52-week low; market cap at Rs 1.87 lakh crore.
Key events for Varun Beverages Ltd
Citi Bullish on Varun Beverages Amid Profit Booking - 04 Oct, 2024
Citi initiated coverage on Varun Beverages with a Buy rating and a target price of Rs 800. The company reported strong Q2 earnings, but shares faced recent profit booking, leading to a slight decline. Despite this, the stock has shown impressive long-term growth, rebounding significantly from its 52-week low.
Citi Initiates Coverage on Varun Beverages with Buy Rating - 03 Oct, 2024
Citi has initiated coverage on Varun Beverages Limited with a 'Buy' rating and a target price of Rs 800. Despite this positive outlook, the stock closed at Rs 587.75, down 4% on October 3, 2024, amid recent volatility.
Varun Beverages Invests in New DRC Facility - 01 Oct, 2024
Varun Beverages is investing $50 million in a new Pepsi production facility in the Democratic Republic of the Congo, creating thousands of jobs and enhancing logistical efficiencies. The plant will support rising demand for Pepsi beverages in the region and reflects the company's commitment to sustainable manufacturing.
HSBC Initiates Buy Rating for Varun Beverages - 30 Sep, 2024
HSBC has initiated coverage on Varun Beverages, assigning a Buy rating with a target price of Rs 780, citing potential for significant market share growth and digital marketing strategies. The stock has shown strong performance, with a 22% year-to-date increase and a 190% rise over two years.
Varun Beverages Opens New Plant in Uttar Pradesh - 29 Sep, 2024
Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a new soft drink and dairy product plant by Varun Beverages, with an investment of Rs 1,170 crore, enhancing the state's investment climate.
Varun Beverages Sees Surge in Trading Volume - 13 Sep, 2024
On September 13, 2024, Varun Beverages Ltd experienced a significant increase in trading volume, reaching 5.41 lakh shares, a 4.27-fold rise over the two-week average. The stock price rose by 1.27% to Rs. 653.90.
Varun Beverages Shares Surge Post Stock Split - 12 Sep, 2024
Varun Beverages Ltd experienced significant share price increases following its 2:5 stock split, with gains of up to 6% and strong financial results reported for Q1 FY25. The stock split aimed to enhance liquidity and attract smaller investors, contributing to positive market sentiment.
Varun Beverages Stock Split Record Date Approaches - 11 Sep, 2024
Varun Beverages shares rose ahead of the September 12 record date for a 2:5 stock split, enhancing liquidity. The stock has gained significantly over the past year.
Varun Beverages Announces Stock Split Details - 08 Sep, 2024
Varun Beverages will split its shares in a 2:5 ratio, with a record date of September 12, 2024. The stock has shown strong performance, up 20.21% in 2024.
Varun Beverages Announces 2:5 Stock Split - 05 Sep, 2024
Varun Beverages plans a 2:5 stock split, subject to shareholder approval, with a record date set for September 12, 2024. The stock has gained 191% over two years, outperforming its benchmark. Despite a slight decline on the announcement day, the stock remains a strong performer with significant long-term returns.
Insights on Varun Beverages Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 131.97 Cr → 1.25K Cr (in ₹), with an average increase of 66.3% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 7.16% to 7.46% in Jun 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 2.67K Cr → 7.24K Cr (in ₹), with an average increase of 39.2% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 2.26% to 2.42% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, VBL stock has moved up by 380.9%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 25.78% to 25.32% in Jun 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 62.91% to 62.66% in Jun 2024 quarter
Varun Beverages Ltd Infographics
Varun Beverages Ltd Q1 FY2024-2025 Results: Key Insights
PepsiCo's bottling franchise partner reported robust performance for Q2CY24
News
Stock Alert: Coal India, Bank of Baroda, Tata Steel, Sonata Software, Aster DM Healthcare
Upcoming Result: Tata Motors, ITC, Sun Pharmaceutical Industries, Aditya Birla Capital, Adani Enterprises, Adani Ports and Special Economic Zone, Dabur India, Arvind Fashions, Escorts Kubota, Emami, Zomato, Kalyan Jewellers, Akzo Nobel India, Alkyl Amines Chemicals, Aptus Value Housing Finance, Cleans Science and Technology, Great Eastern Shipping, GHCL, Godrej Agrovet, G R Infraprojects, Indegene, Max Healthcare Institute, Neuland Laboratories, Orient Electric.01 Aug, 2024 08:38 AMBuy Coal India, target price Rs 600: Motilal Oswal
Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 321817.67 Crore) operating in Mining sector.01 Aug, 2024 09:25 AMHot stocks: Brokerage view on Coal India, Tata Steel, Maruti Suzuki and M&M
CLSA has reiterated its 'Outperform' rating on Coal India and increased the target price to Rs 580 from Rs 480. The firm noted that the first quarter was robust operationally, driven by lower costs. It anticipates continued resilient volume growth in the near term and, with a 5% dividend yield, considers the risk-reward profile to be compelling.01 Aug, 2024 09:43 AMVarun Beverages Ltd Financials
Index Inclusions
Varun Beverages Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 62.66% | ||
| Foreign Institutions | 25.32% | ||
| Mutual Funds | 2.42% | 7.24 | |
| Retail Investors | 7.46% | 4.29 | |
| Others | 2.12% | 12.29 |
Varun Beverages Ltd Key Indicators
Varun Beverages Ltd Valuation
Varun Beverages Ltd in the last 5 years
Lowest (21.57x)
October 1, 2019
Industry (71.86x)
October 3, 2024
Today (78.74x)
October 3, 2024
Highest (118.78x)
December 17, 2020
Varun Beverages Ltd Earnings and Dividends
Varun Beverages Ltd Earnings Results
Varun Beverages Ltd’s net profit jumped 26.04% since last year same period to ₹1,252.60Cr in the Q1 2024-2025. On a quarterly growth basis, Varun Beverages Ltd has generated 133.14% jump in its net profits since last 3-months.
Read More about Earnings ResultsVarun Beverages Ltd Dividends July,2024
In the quarter ending June 2024, Varun Beverages Ltd has declared dividend of ₹1.25 - translating a dividend yield of 0.64%.
Read More about Dividends
Varun Beverages Ltd Technicals Summary
Bearish
Neutral
Bullish
Varun Beverages Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Varun Beverages Ltd
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Varun Beverages Ltd shares.
Varun Beverages Ltd (VBL) share price today is ₹578.9
Varun Beverages Ltd is listed on NSE
Varun Beverages Ltd is listed on BSE
- Today’s highest price of Varun Beverages Ltd is ₹600.
- Today’s lowest price of Varun Beverages Ltd is ₹570.5.
PE Ratio of Varun Beverages Ltd is 78.74
PE ratio = Varun Beverages Ltd Market price per share / Varun Beverages Ltd Earnings per share
Today’s traded volume of Varun Beverages Ltd(VBL) is 1.11Cr.
Today’s market capitalisation of Varun Beverages Ltd(VBL) is ₹190941.01Cr.
| Varun Beverages Ltd(VBL | Price |
|---|---|
52 Week High | ₹681.12 |
52 Week Low | ₹331.26 |
Varun Beverages Ltd(VBL) share price is ₹578.9. It is down -15.01% from its 52 Week High price of ₹681.12
Varun Beverages Ltd(VBL) share price is ₹578.9. It is up 74.76% from its 52 Week Low price of ₹331.26
| Varun Beverages Ltd(VBL | Returns |
|---|---|
1 Day Returns | -8.85% |
1 Month Returns | -3.49% |
3 Month Returns | -9.22% |
1 Year Returns | 59.64% |