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Varun Beverages share price

Varun Beverages Ltd.

NSE: VBL BSE: 540180 SECTOR: Consumer Food  573k   2k   595

632.95
-14.90 (-2.30%)
BSE: 18 Dec 04:01 PM

Price Summary

Today's High

₹ 647.9

Today's Low

₹ 623.4

52 Week High

₹ 682.84

52 Week Low

₹ 472

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

214030.07 Cr.

Enterprise Value

218737.86 Cr.

No. of Shares

338.15 Cr.

P/E

95.96

P/B

12.94

Face Value

₹ 2

Div. Yield

0.15 %

Book Value (TTM)

₹  48.92

CASH

52.31 Cr.

DEBT

4760.11 Cr.

Promoter Holding

62.66 %

EPS (TTM)

₹  6.6

Sales Growth

19.22%

ROE

28.22 %

ROCE

25.09%

Profit Growth

39.75 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Varun Beverages Ltd.

Sting Pepsi Pepsi Black Mountain Dew Evervess Tropicana Mirinda 7up Lipton Ice tea Nimbooz Aquafina Aquavess Gatorade Creambell Slice

Index Presence

The company is present in 32 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year19.22%
3 Year37.34%
5 Year26.75%

Profit Growth

1 Year39.75%
3 Year98.65%
5 Year39.81%

ROE%

1 Year28.22%
3 Year21.83%
5 Year17.03%

ROCE %

1 Year25.09%
3 Year19.59%
5 Year16.05%

Debt/Equity

0.6736

Price to Cash Flow

109.6

Interest Cover Ratio

10.6876

CFO/PAT (5 Yr. Avg.)

1.4647072489161

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 62.66 0.04
Jun 2024 62.66 0.04
Mar 2024 62.91 0.04
Dec 2023 63.09 0.04
Sep 2023 63.10 0.04
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 98.6547919254969% for the Past 3 years.
  • The company has shown a good revenue growth of 37.3401461614471% for the Past 3 years.
  • Company has been maintaining healthy ROE of 21.8283% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 10.6876.
  • The company has an efficient Cash Conversion Cycle of 14.9887 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.4647072489161.
  • The company has a high promoter holding of 62.66%.

 Limitations

  • The company is trading at a high PE of 95.96.
  • The company is trading at a high EV/EBITDA of 57.3717.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 2892.38 1846.3 3446.15 5801.59 3086.84
Total Expenditure 2185.15 1552.08 2625.25 4063 2285.88
Operating Profit 707.23 294.23 820.89 1738.59 800.96
Other Income 31.04 51.08 32.61 67.25 100.18
Interest 55.69 66.55 83.96 103.17 98.64
Depreciation 127.98 125.24 139.46 166.81 157.31
Exceptional Items 0 0 0 0 0
Profit Before Tax 554.61 153.51 630.09 1535.86 645.19
Tax 139 34.88 160.82 385.73 152.85
Profit After Tax 415.61 118.63 469.27 1150.14 492.34
Adjusted EPS (Rs) 1.28 0.37 1.44 3.54 1.52

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Net Sales 5615.66 4876.45 6595.74 10595.83 12632.83
Total Expenditure 4410.57 4016.47 5415.34 8415.83 9648.02
Operating Profit 1205.1 859.98 1180.4 2180 2984.8
Other Income 98.01 71.99 57.64 143.76 146.14
Interest 281.61 249.95 156.69 156.12 244.45
Depreciation 387.2 412.82 399.83 483.13 518.33
Exceptional Items 0 -66.53 0 0 0
Profit Before Tax 634.29 202.68 681.52 1684.5 2368.16
Tax 185.74 -23.75 192.04 414.3 593.04
Net Profit 448.55 226.43 489.49 1270.2 1775.13
Adjusted EPS (Rs.) 1.38 0.7 1.51 3.91 5.47

Balance Sheet (All Figures are in Crores.)

Particulars Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Equity and Liabilities
Share Capital 288.69 288.69 433.03 649.55 649.61
Total Reserves 3578.43 3723.08 3965.59 4867.85 6426.2
Borrowings 2291.71 1954.35 1712.44 1653.26 3010.55
Other N/C liabilities 437.63 422.84 507.07 629.98 630.16
Current liabilities 1847.27 1907.62 2447.49 3268.31 3292.94
Total Liabilities 8443.72 8296.57 9065.62 11068.94 14009.46
Assets
Net Block 5401.75 5263.41 5011.61 5751.87 6938.21
Capital WIP 58.58 39.01 477.95 539.95 1576
Intangible WIP 0 0 0 0 0
Investments 907.78 1352.17 1352.24 1354.32 1449.95
Loans & Advances 692.21 371.98 451.72 967.3 1102.28
Other N/C Assets 4.65 3.54 3.87 3.62 7.89
Current Assets 1378.75 1266.48 1768.22 2451.9 2935.13
Total Assets 8443.72 8296.57 9065.62 11068.94 14009.46
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023
Profit from operations 634.29 202.68 681.52 1684.5 2368.16
Adjustment 579.9 666.59 525.17 574.52 706.8
Changes in Assets & Liabilities -37.14 -101.98 -240.31 -367.39 -491.26
Tax Paid -110.14 -47.62 -98.52 -332.85 -630.82
Operating Cash Flow 1066.91 719.67 867.86 1558.79 1952.88
Investing Cash Flow -2229.34 -227.97 -725.33 -1509.31 -2769.57
Financing Cash Flow 1193.01 -487.65 -154.79 -26.23 818.78
Net Cash Flow 30.58 4.05 -12.26 23.24 2.09

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 63.10 63.09 62.91 62.66 62.66
devyani jaipuria 2.43 2.43 2.43 2.43 2.42
ravi kant jaipuria 17.64 17.63 17.46 17.38 17.38
rj corp limited 26.92 26.92 26.92 26.75 26.75
varun jaipuria 16.04 16.04 16.03 16.03 16.03
vivek gupta 0.07 0.07 0.07 0.07 0.07
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 36.90 36.91 37.09 37.34 37.34
government of singapore 1.20 - 1.26 1.16 1.38
government pension fund g... 2.57 2.47 2.50 2.36 1.98
new world fund inc 1.51 1.51 1.15 1.24 1.24
government of singapore -... - 1.41 - - -

Ratings & Research Reports

Company Presentations

Company News

Varun Beverages acquires 39.93% stake of Lunarmech 17 Dec, 10:50 AM Varun Beverages to acquire stakes in SBC Tanzania, SBC Beverages Ghana, Lunarmech Technologies 13 Nov, 4:14 PM Varun Beverages informs about investor meet 9 Nov, 10:53 AM Varun Beverages informs about analyst meet 23 Oct, 9:46 AM Varun Beverages informs about presentation 22 Oct, 1:00 PM Varun Beverages - Quaterly Results 22 Oct, 11:45 AM Varun Beverages - Quaterly Results 22 Oct, 11:45 AM Varun Beverages - Quaterly Results 22 Oct, 11:45 AM Varun Beverages informs about outcome of board meeting 9 Oct, 12:16 PM Varun Beverages informs about investor meet 13 Sep, 10:14 AM Varun Beverages submits intimation of record date for sub-division of equity shares 2 Sep, 12:22 PM Varun Beverages informs about outcome of postal ballot 31 Aug, 11:53 AM Varun Beverages informs about earnings call transcript 3 Aug, 11:54 AM Varun Beverages informs about postal ballot notice 31 Jul, 5:23 PM Varun Beverages informs about outcome of board meeting 30 Jul, 12:59 PM Varun Beverages - Quaterly Results 30 Jul, 11:52 AM Varun Beverages - Quaterly Results 30 Jul, 11:52 AM Varun Beverages - Quaterly Results 30 Jul, 11:52 AM Varun Beverages informs about conference call 25 Jul, 11:13 AM Varun Beverages informs about general update 22 Jul, 12:44 PM Varun Beverages’ arm starts commercial production of carbonated soft drinks, packaged drinking water 22 Jul, 12:11 PM Varun Beverages informs about company update 15 Jul, 4:07 PM Varun Beverages enhances portfolio with PepsiCo 15 Jul, 2:26 PM Varun Beverages informs about outcome of board meeting 15 Jul, 12:51 PM Varun Beverages informs about analyst meet 5 Jun, 5:00 PM Varun Beverages informs about appointment of senior management personnel 3 Jun, 5:10 PM Varun Beverages - Quaterly Results 13 May, 8:24 PM Varun Beverages - Quaterly Results 13 May, 8:24 PM Varun Beverages starts commercial production of carbonated soft drinks & energy drinks 13 Apr, 3:45 PM Varun Beverages gets nod to invest in Huoban Energy 11 10 Apr, 6:07 PM Varun Beverages gets nod to invest in Aspirative Creative Ventures 10 Apr, 5:39 PM Varun Beverages informs about allotment of ESOP 7 Mar, 5:25 PM Varun Beverages submits analyst meet intimation 5 Mar, 1:12 PM Varun Beverages submits analyst meet intimation 6 Feb, 1:19 PM Varun Beverages - Quaterly Results 5 Feb, 12:04 PM Varun Beverages - Quaterly Results 5 Feb, 12:04 PM Varun Beverages - Quaterly Results 5 Feb, 12:04 PM Varun Beverages informs about allotment of ESOP 23 Jan, 3:39 PM Varun Beverages informs about disclosure 9 Jan, 4:23 PM Varun Beverages gets nod to acquire 100% stake in South Africa’s Beverage Company 20 Dec, 11:44 AM Varun Beverages inks MoU with Government of Jharkhand 20 Dec, 11:13 AM Varun Beverages incorporates subsidiary company in Mozambique 28 Nov, 4:30 PM Varun Beverages reports 30% rise in Q3 consolidated net profit 6 Nov, 2:50 PM Varun Beverages informs about outcome of board meeting 6 Nov, 2:42 PM Varun Beverages to incorporate subsidiary in Mozambique 6 Nov, 12:28 PM Varun Beverages - Quaterly Results 6 Nov, 11:49 AM Varun Beverages - Quaterly Results 6 Nov, 11:49 AM Varun Beverages - Quaterly Results 6 Nov, 11:49 AM Varun Beverages to invest Rs 1.92 crore for 9.80% stake in Isharays 17 Oct, 3:12 PM Varun Beverages to acquire additional 5.03% stake in Lunarmech 17 Oct, 11:20 AM

Varun Beverages Stock Price Analysis and Quick Research Report. Is Varun Beverages an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Varun Beverages stock price today is Rs 633.45. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Varun Beverages . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Varun Beverages has a PE ratio of 96.0383880651324 which is high and comparatively overvalued .

  • Share Price: - The current share price of Varun Beverages is Rs 633.45. One can use valuation calculators of ticker to know if Varun Beverages share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Varun Beverages has ROA of 14.1566 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Varun Beverages has a Current ratio of 0.8913 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Varun Beverages has a ROE of 28.2182 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Varun Beverages has a Debt to Equity ratio of 0.6736 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Varun Beverages has reported revenue growth of 19.2246 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Varun Beverages for the current financial year is 23.6273578057673 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Varun Beverages is Rs 2.5 and the yield is 0.158 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Varun Beverages is Rs 6.5958 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Varun Beverages in Ticker for free. Also, one can get the intrinsic value of Varun Beverages by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about Varun Beverages

Varun Beverages Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Varun Beverages Ltd. is a leading Indian company that manufactures and distributes a wide range of beverages. The company has a strong presence in India and several other countries. In this article, we will provide a comprehensive analysis of Varun Beverages Ltd.'s stock from a long-term investor's perspective. We will cover various topics such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Varun Beverages Ltd. Share Price:

Varun Beverages Ltd.'s share price is a key indicator of investor sentiment towards the company. The share price is influenced by various factors such as the company's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to analyze Varun Beverages Ltd.'s share price and identify any trends or patterns. The company's share price has shown a consistent upward trend over the past few years, reflecting the company's strong brand, product portfolio, and distribution network.

Varun Beverages Ltd. Balance Sheet:

Varun Beverages Ltd.'s balance sheet provides crucial information about its financial health. The company's assets include property, plant and equipment, while liabilities include borrowings and other liabilities. Equity includes share capital, reserves, and surplus. Long-term investors can use our pre-built screening tools to analyze Varun Beverages Ltd.'s balance sheet and identify any red flags. The company's balance sheet has been strong over the past few years, reflecting the company's ability to generate cash and manage its liabilities. 

Varun Beverages Share Capital & Reserves

On the capital structure front, Varun Beverages has generally maintained a clear emphasis on raising equity as evidenced by the fact that the Share Capital of the company has risen from Rs 288.69 crores as per December 2019 to Rs 649.61 crores as per December 2023. The total reserves have also picked up over the time and have risen from Rs 3,578.43 crore to Rs 6,426.20 crore for the corresponding period. Such growth was promoted by successful operational activities in the company and its ability to dedicate the major part of earnings to the development of new investments.

Varun Beverages Debt Profile  

Their borrowings have also been volatile with the maximum of Rs 3,010.55 crores in December 2023, reduced to Rs 1,653.26 crores in December 2022. This change may be an indication that the company has used more debt for investment in growth activities, perhaps to increase production or market coverage.

Varun Beverages Current Liabilities  

The current liabilities from the balance sheet increased from Rs 1,847.27 crores in December 2019 to Rs 3,292.94 crores in December 2023. It shows a tendency of increasing an operational scale though, at the same time, the management of these liabilities will be a critical factor for financial sustainability.

Varun Beverages Assets  

The total assets have been enhanced from Rs 8,443.72 crores during the period ending December 31,2019 to Rs 14,009.46 crores during the period ending December 31,2023. The net block has risen by Rs 1,536.46 crores from Rs 5,401 jpg075 of fixed assets, Investments in net block has gone up from Rs 5,401.75 crores to Rs 6,938.21 crores. Also the loans and advances increased from Rs  692.21 crores to Rs  1,102.28 crores which may be due to the company’s strategy of expanding its lending business.

Varun Beverages has shown an increase in equitable share, reserves and surplus and total assets, while controlling the borrowings and liabilities during the last five years. People observing the beverage industry might find the change in the conditions important for Varun Beverages’ development in the sector.

Varun Beverages Ltd. Annual Report:

Varun Beverages Ltd. releases an annual report every year, which provides detailed information about the company's financial performance, strategic initiatives, and future plans. The annual report includes a letter from the Chairman, financial statements, and management discussion and analysis. Long-term investors can download Varun Beverages Ltd.'s annual report from our website and use it to make informed investment decisions. The annual report provides valuable insights into the company's operations and financial performance.

Varun Beverages Ltd. Dividend:

Varun Beverages Ltd. pays dividends to its shareholders. The company has a consistent dividend policy and pays dividends regularly. Long-term investors should consider this when evaluating Varun Beverages Ltd.'s stock. Our pre-built screening tools can be used to analyze the company's dividend history and identify any trends or patterns.

Varun Beverages Ltd. Quarterly Results:

Varun Beverages Ltd. releases its quarterly results every three months. The quarterly results provide information about the company's revenue, earnings, and expenses. Long-term investors can use our pre-built screening tools to analyze Varun Beverages Ltd.'s quarterly results and identify any trends or patterns. The quarterly results are an important indicator of the company's financial health and performance.

Varun Beverages Ltd. Stock Price:

Varun Beverages Ltd.'s stock price is affected by various factors such as the company's financial performance, global economic conditions, and market sentiment. Long-term investors can use our pre-built screening tools to track Varun Beverages Ltd.'s stock price and identify potential buying opportunities. The stock price of Varun Beverages Ltd. has shown a consistent upward trend over the past few years, reflecting the company's strong brand, product portfolio, and distribution network.

Varun Beverages Ltd. Price Chart:

A price chart provides a visual representation of a company's stock price over a period of time. Long-term investors can use our pre-built screening tools to analyze Varun Beverages Ltd.'s price chart and identify any trends or patterns. The price chart shows that the stock price of Varun Beverages Ltd. has shown a consistent upward trend over the past few years, reflecting the company's strong brand, product portfolio, and distribution network.

Varun Beverages Ltd. News:

Keeping up to date with the latest news about Varun Beverages Ltd. is important for investors. Our website provides the latest news about Varun Beverages Ltd. from various sources such as financial news websites and social media. Long-term investors can use this information to make informed investment decisions.

Varun Beverages Ltd. Concall:

Varun Beverages Ltd. holds conference calls with analysts and investors to discuss its financial performance and future plans. Long-term investors can listen to Varun Beverages Ltd.'s concall and use the information provided to make informed investment decisions. Our website provides information about upcoming concalls and links to listen to past concalls.

Varun Beverages Ltd. Transcripts:

Transcripts of Varun Beverages Ltd.'s concalls are available on our website. Long-term investors can download the transcripts and use them to analyze the company's financial performance and future plans. The transcripts provide valuable insights into the company's operations and financial performance.

Varun Beverages Ltd. Investor Presentations:

Varun Beverages Ltd. provides investor presentations on its website. These presentations provide information about the company's financial performance, strategic initiatives, and future plans. Long-term investors can download Varun Beverages Ltd.'s investor presentations from our website and use them to make informed investment decisions. The investor presentations provide valuable insights into the company's operations and financial performance.

Varun Beverages Ltd. Promoters:

Promoters are individuals or entities that have a significant stake in a company. Varun Beverages Ltd.'s promoters include the Ravi Jaipuria Group. Long-term investors can use our pre-built screening tools to analyze Varun Beverages Ltd.'s promoter holdings and identify any potential conflicts of interest. The promoter holdings of Varun Beverages Ltd. are relatively stable, which is a positive sign for long-term investors.

Varun Beverages Ltd. Shareholders:

Varun Beverages Ltd. has a large number of shareholders, including institutional investors and individual investors. Long-term investors can use our pre-built screening tools to analyze Varun Beverages Ltd.'s shareholder base and identify any potential risks or opportunities. The shareholder base of Varun Beverages Ltd. is diverse, which is a positive sign for long-term investors.

Varun Beverages Ltd. Premium Features:

Our website provides premium features tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis. These tools can help long-term investors make better investment decisions by providing more detailed insights into the company's financial performance and valuation.

Varun Beverages Limited ROCE

ROCE stands for Return on Capital Employed, and it is a crucial ratio for analyzing the efficiency and profitability of the company's capital investments. By assessing the percentage of profits generated in proportion to the capital employed, investors can gauge the company's ability to generate returns. On our stock analysis page for Varun Beverages Limited, you can find the ROCE data in the financials table or ratio section. Understanding Varun Beverages Limited's ROCE can provide valuable insights into the company's profitability and efficiency in utilizing its capital.

Varun Beverages Limited EBITDA

EBITDA, or Earnings Before Interest, Taxes, Depreciation, and Amortization, is a vital indicator of a company's operating performance. It provides a clearer picture of the company's profitability by excluding non-operating expenses and allows investors to compare the financial performance of different companies across industries. On our stock analysis page for Varun Beverages Limited, you can find the EBITDA data in the financials table or ratio section. Analyzing Varun Beverages Limited's EBITDA can help investors evaluate its operating efficiency and profitability.

Varun Beverages Limited DPS

DPS refers to Dividends Per Share, which indicates the amount of cash distributed to shareholders for each share held. By assessing the DPS, investors can understand the company's policy regarding dividend distribution and its willingness to reward shareholders. On our stock analysis page for Varun Beverages Limited, you can find the DPS data in the financials table or ratio section. Monitoring Varun Beverages Limited's DPS can provide crucial insights into the company's dividend history and its commitment towards shareholder returns.

Varun Beverages Limited EPS

EPS stands for Earnings Per Share, an important measure for assessing a company's profitability by calculating the earnings generated for each outstanding share. As investors, understanding the EPS enables us to analyze the company's ability to generate profits, distribute dividends, and reinvest in the business. On our stock analysis page for Varun Beverages Limited, you can find the EPS data in the financials table or ratio section. Analyzing Varun Beverages Limited's EPS can provide valuable insights into the company's growth potential and overall financial performance.

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