Varun Beverages Ltd. (IN:VBL)
:VBL
Want to see IN:VBL full AI Analyst Report?
VBL Stock Chart & Stats
₹509.85
-₹11.25(-1.82%)
At close: 4:00 PM EST
₹509.85
-₹11.25(-1.82%)
Day’s Range― - ―
52-Week Range₹381.00 - ₹545.00
Previous CloseN/A
Volume5.00M
Average Volume (3M)496.51K
Market Cap
₹1.76T
Enterprise Value₹1.79T
Total Cash (Recent Filing)₹19.98B
Total Debt (Recent Filing)₹29.08B
Price to Earnings (P/E)55.5
Beta1.20
Next Earnings
Aug 14, 2026EPS Estimate
3.96Next Dividend Ex-DateN/A
Dividend Yield0.31%
Share Statistics
EPS (TTM)6.78
Shares Outstanding3,382,296,100
10 Day Avg. Volume186,454
30 Day Avg. Volume496,512
Financial Highlights & Ratios
PEG Ratio4.21
Price to Book (P/B)8.46
Price to Sales (P/S)7.64
P/FCF Ratio233.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹590.00Price Target Upside15.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)10.4
Revenue Forecast (FY)₹257.57B
Bulls Say, Bears Say
Bulls Say
Strong PepsiCo Franchise & ScaleLong-term structural advantage from exclusive franchise rights and scale with PepsiCo: access to leading brands, product introductions and territory rights supports steady demand, simplifies product rollouts, and creates distribution economies that sustain volume and market share.
Improved Leverage And Healthy ROEMarked de‑leveraging materially reduces refinancing and interest risk, improving financial flexibility to fund capex or expansion. Sustained ROE (~15–16%) indicates capital is earning healthy returns, supporting durable shareholder returns and capacity to invest without excessive leverage.
Consistent Revenue Growth And Solid MarginsSteady revenue expansion combined with healthy mid‑teens operating and net margins provides operating leverage that supports reinvestment in capacity and distribution. This earnings and margin base underpins sustainable cash generation and resilience across business cycles.
Bears Say
Weak Free Cash Flow ConversionEarnings have not consistently translated into free cash flow, driven by heavy capex and working-capital swings. Low FCF relative to net income constrains self‑funding for expansion, dividends, or debt reduction and raises reliance on external funding for growth initiatives.
Margin Volatility And Recent Gross Margin DeclineA material step‑down in gross margin signals exposure to input cost inflation or pricing pressure. If persistent, margin erosion will pressure operating profits and ROE, forcing tradeoffs between pricing, promotions, or margin recovery actions that could hamper long‑term profitability.
Franchise Cost Structure Limits Margin ControlLarge, contractually determined payments to PepsiCo and dependence on supplied concentrates reduce cost and pricing flexibility. This structural cost element limits the firm's ability to fully capture upside in pricing and increases exposure to supplier/contract terms when negotiating margins.
Varun Beverages Ltd. News
VBL FAQ
What was Varun Beverages Ltd.’s price range in the past 12 months?
Varun Beverages Ltd. lowest stock price was ₹381.00 and its highest was ₹545.00 in the past 12 months.
What is Varun Beverages Ltd.’s market cap?
Varun Beverages Ltd.’s market cap is ₹1.76T.
When is Varun Beverages Ltd.’s upcoming earnings report date?
Varun Beverages Ltd.’s upcoming earnings report date is Aug 14, 2026 which is in 62 days.
How were Varun Beverages Ltd.’s earnings last quarter?
Varun Beverages Ltd. released its earnings results on Apr 27, 2026. The company reported ₹2.6 earnings per share for the quarter, beating the consensus estimate of ₹2.423 by ₹0.177.
Is Varun Beverages Ltd. overvalued?
According to Wall Street analysts Varun Beverages Ltd.’s price is currently Undervalued.
Does Varun Beverages Ltd. pay dividends?
Varun Beverages Ltd. pays a Quarterly dividend of ₹0.5 which represents an annual dividend yield of 0.31%. See more information on Varun Beverages Ltd. dividends here
What is Varun Beverages Ltd.’s EPS estimate?
Varun Beverages Ltd.’s EPS estimate is 3.96.
How many shares outstanding does Varun Beverages Ltd. have?
Varun Beverages Ltd. has 3,382,296,100 shares outstanding.
What happened to Varun Beverages Ltd.’s price movement after its last earnings report?
Varun Beverages Ltd. reported an EPS of ₹2.6 in its last earnings report, beating expectations of ₹2.423. Following the earnings report the stock price went up 5.787%.
Which hedge fund is a major shareholder of Varun Beverages Ltd.?
Currently, no hedge funds are holding shares in IN:VBL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Varun Beverages Ltd.
Varun Beverages Limited (VBL) and its subsidiaries serve as a prominent franchisee for PepsiCo, overseeing the manufacturing, bottling, distribution, and sales of both carbonated and non-carbonated beverages under PepsiCo's diverse brand portfolio. The company's extensive range of sparkling drinks features well-known names such as Pepsi, Diet Pepsi, Seven-Up, Mirinda (Orange and Lemon), Mountain Dew, Seven-Up Nimbooz Masala Soda, Evervess Soda, Duke's Soda, Sting, Pepsi Black, Mountain Dew Ice, Slice Fizzy, and Teem. Additionally, VBL produces and distributes still beverages, including Tropicana Slice, Tropicana Juices, Seven-Up Nimbooz, Gatorade, and Quaker Oats Milk, alongside packaged water brands like Aquafina and Aquavess. In Sri Lanka, the company also holds the franchise for PepsiCo's Ole brand. VBL's products are delivered to retail outlets directly and through an extensive distributor network across India, Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. Established in 1995, Varun Beverages Limited is based in Gurugram, India, and operates as a subsidiary of RJ Corp Limited.
VBL Stock 12 Month Forecast
Average Price Target
₹590.00
▲(15.72% Upside)
Technical Analysis
Dabur India Limited
―
Hindustan Unilever Limited
―
ITC Limited
―
Nestle India Ltd.
―
Tata Consumer Products Limited
―