Varun Beverages Share Price

Varun Beverages Share Price

NSE: VBL
|
Consumer Food
|
M Cap
₹ 407.65
-₹1.95 (-0.48%)
1D
Last updated 16 Sep, 2026, 09:43 IST

Varun Beverages Share Price Today

As of 16 Sep 2026, Varun Beverages share price is ₹407.65. The stock opened at ₹408.90, compared to its previous close of ₹409.60. During today's trading session, Varun Beverages share price moved in the range of ₹407.50 to ₹413.15, with an average price of ₹410.32 for the day. Looking at its last 52-week, the stock has touched a low of ₹381.00 and a high of ₹555.80. On the performance front, Varun Beverages share price has increased by 2.07% over the last six months and is down 13.16% on a year-on-year basis.

₹407.50
0.48% down today
₹413.15
1D LOW
1D HIGH

Varun Beverages Returns Calculator

Circuit
L
H
₹368.65
₹450.55
52-week
L
H
₹381.00
₹555.80

About Varun Beverages

Varun Beverages Share Price
ISIN
INE200M01039
Sector Market Cap
₹ 140,795.10 Cr

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 non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. PepsiCo CSD brands produced and sold by the Company 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 is also engaged in co-manufacturing of Kurkure puffcorn in India. It has approximately 36 manufacturing plants in India and over 12 manufacturing plants in international geographies. Its subsidiaries include Varun Beverages (Nepal) Private Limited, The Beverage Company Proprietary Limited, and Varun Beverages Lanka (Private) Limited, and others.

Varun Beverages Financial Highlights

  • Revenue: Varun Beverages reported revenue of ₹22,037.73 crore in FY25 vs ₹20,128.92 crore in FY24. It showed an increase of 9.48% on a yearly basis.
  • Operating Profit: Varun Beverages reported an operating profit of ₹4,009.65 crore in FY25 vs ₹3,433.09 crore in FY24. It showed an increase of 16.79% on a year-on-year basis.
  • Net Profit: Varun Beverages reported a net profit of ₹3,062.04 crore in FY25 vs ₹2,634.29 crore in FY24. It showed an increase of 16.24% on a yearly basis.

Varun Beverages Quarterly Result Highlights

  • Varun Beverages reported revenue of ₹8,555.61 crore in Jun 2026, compared with ₹6,617.72 crore in Mar 2026, representing an increase of 29.28% on a quarter-on-quarter (QoQ) basis.
  • Varun Beverages reported an operating profit of ₹1,977.18 crore in Jun 2026, compared with ₹1,163.19 crore in Mar 2026, representing an increase of 69.98% on a quarter-on-quarter (QoQ) basis.
  • Varun Beverages reported a profit of ₹1,525.36 crore in Jun 2026, compared with ₹878.71 crore in Mar 2026, reflecting an increase of 73.59% on a QoQ basis.
  • The earnings per share (EPS) of Varun Beverages stood at ₹8.98 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
59.43%
FII
19.03%
Other DII
6.15%
Retail and other
6.33%
Mutual funds
9.06%
Foreign Institutional Investor (FII)
FII shareholding by period
Sep 202521.93%
Dec 202520.31%
Mar 202619.51%
Jun 202619.03%
Mkt Cap Cr
1,40,795.00
P/E
52.65
P/B
8.59
ROE
15.51%
D/E
0.02
ROCE
19.85%
Div. Yield
0.21%
EPS(TTM)
7.91
Turnover
0.68
EV/EBITDA
30.02
Net Margin
18.39%
Op. Margin
29.39%
ROA
12.13%
Quick Ratio
2.69
Curr. Ratio
2.66
Based on fundamentals, this stock's
Step 2 of 5
Performance
Poor
Varun Beverages has underperformed the market
Step 1 of 5
Valuation
Overvalued
Varun Beverages appears overvalued compared to its peers
Step 5 of 5
Earnings
Excellent
Varun Beverages revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROED/EROCEBook ValueDiv. YieldTurnoverEPS(TTM)
Hindustan Unilever4,54,411.0030.459.3522.41%0.0326.21%209.502.12%0.8165.66
ITC3,23,268.0016.014.4628.53%0.0337.26%55.815.57%0.9716.20
Nestle India2,66,879.0068.6750.7467.85%0.0884.03%27.530.88%1.8218.38
Britannia Industries1,19,712.0045.6923.3549.61%0.2951.85%192.691.83%2.08106.35
Lenskart1,19,203.00178.4813.645.65%0.207.00%52.430.00%0.472.80
Marico1,04,535.0052.7624.4641.85%0.0340.56%44.670.50%1.3115.17
Tata Consumer Products98,132.7059.134.467.08%0.048.90%179.901.01%0.6716.52
Godrej Consumer Products88,475.0046.006.9614.71%0.3817.09%76.662.31%0.7214.81
Dabur India68,297.4035.105.9816.59%0.0820.18%42.432.14%0.828.41
Colgate Palmolive9,183.4023.6827.81158.62%0.03179.72%58.243.23%1.8148.73

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

Varun Beverages Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsDec 2025Dec 2024Dec 2023Dec 2022
Revenue₹21,685.38₹20,007.65₹16,042.58₹13,173.14
Other Income₹352.35₹121.27₹79.36₹38.85
Total Revenue₹22,037.73₹20,128.92₹16,121.94₹13,211.99
Total Expenses₹18,022.05₹16,694.35₹13,382.10₹11,188.35
Profit Before Tax₹4,009.65₹3,433.09₹2,739.36₹2,023.64
Tax₹947.61₹798.80₹637.55₹473.52
Profit After Tax₹3,062.04₹2,634.29₹2,101.81₹1,550.11
EPS - Basic₹8.98₹7.95₹15.83₹11.53
EPS - Diluted₹8.98₹7.94₹15.82₹11.52

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsDec 2025Dec 2024Dec 2023Dec 2022
Profit before tax₹4,015.68₹3,434.57₹2,739.84₹2,023.64
Income before WC changes₹4,968.52₹4,778.05₹3,732.20₹2,748.55
Change in Assets-₹47.25-₹1,134.42-₹690.41-₹1,005.93
Change in Liabilities-₹523.81₹465.03₹16.93₹420.73
Change in WC-₹571.05-₹669.39-₹673.48-₹585.19
Cash flow from Operations₹3,509.31₹3,381.10₹2,390.78₹1,790.03
Cash flow from Investing-₹2,734.94-₹4,316.78-₹3,289.87-₹1,704.60
Cash flow from Financing-₹1,266.47₹2,953.54₹984.90-₹17.94
Total Cash Flow-₹492.09₹2,017.85₹85.81₹67.49
Cash (Start of the year)₹2,266.28₹242.21₹154.33₹150.75
Cash (End of the year)₹1,784.18₹2,266.28₹242.21₹154.33

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsDec 2025Dec 2024Dec 2023Dec 2022
Non-Current Assets₹17,675.75₹15,279.94₹10,951.55₹8,214.21
Current Assets₹7,889.40₹7,863.97₹4,235.63₹3,404.03
Total Assets₹25,565.16₹23,143.91₹15,187.18₹11,618.24
Current Liabilities₹4,073.95₹4,524.43₹4,153.21₹3,968.75
Net Current Asset₹3,815.46₹3,339.55₹82.42-₹564.72
Non-Current Liabilities₹1,750.26₹1,879.85₹3,949.32₹2,434.00
Equity Capital₹19,740.96₹16,739.64₹7,084.65₹5,215.49
Total Equity & Liabilities₹25,565.16₹23,143.91₹15,187.18₹11,618.24

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsDec 2025Dec 2024Dec 2023Dec 2022
Revenue₹14,556.82₹14,348.60₹12,632.83₹10,595.83
Other Income₹513.93₹353.94₹146.14₹143.76
Total Revenue₹15,070.76₹14,702.54₹12,778.97₹10,739.58
Total Expenses₹11,527.51₹11,632.60₹10,410.81₹9,055.08
Profit Before Tax₹3,543.25₹3,069.94₹2,368.16₹1,684.50
Tax₹866.60₹749.58₹593.04₹414.30
Profit After Tax₹2,676.64₹2,320.36₹1,775.13₹1,270.20
EPS - Basic₹7.91₹7.11₹5.46₹9.78
EPS - Diluted₹7.91₹7.11₹5.46₹9.77

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsDec 2025Dec 2024Dec 2023Dec 2022
Profit before tax₹3,543.25₹3,069.94₹2,368.16₹1,684.50
Income before WC changes₹3,789.90₹3,818.62₹3,074.96₹2,259.02
Change in Assets-₹257.16-₹231.56-₹488.84-₹644.92
Change in Liabilities-₹147.98₹42.39-₹2.42₹277.53
Change in WC-₹405.13-₹189.17-₹491.26-₹367.39
Cash flow from Operations₹2,576.99₹2,966.94₹1,952.88₹1,558.79
Cash flow from Investing-₹2,056.89-₹3,687.09-₹2,769.57-₹1,509.31
Cash flow from Financing-₹979.39₹2,728.75₹818.78-₹26.23
Total Cash Flow-₹459.29₹2,008.60₹2.09₹23.24
Cash (Start of the year)₹2,058.08₹49.48₹47.39₹24.15
Cash (End of the year)₹1,598.79₹2,058.08₹49.48₹47.39

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsDec 2025Dec 2024Dec 2023Dec 2022
Non-Current Assets₹15,901.24₹14,145.93₹11,074.33₹8,617.05
Current Assets₹5,099.03₹5,338.05₹2,935.13₹2,451.90
Total Assets₹21,000.27₹19,483.97₹14,009.46₹11,068.94
Current Liabilities₹1,277.14₹2,173.32₹3,292.94₹3,268.31
Net Current Asset₹3,821.89₹3,164.73-₹357.81-₹816.41
Non-Current Liabilities₹958.34₹751.95₹3,640.71₹2,283.24
Equity Capital₹18,764.80₹16,558.71₹7,075.80₹5,517.40
Total Equity & Liabilities₹21,000.27₹19,483.97₹14,009.46₹11,068.94
* All values are in INR Crore
Qty
Bid
222
407.5
142
407.45
656
407.4
1807
407.35
2686
407.3
Ask
Qty
407.65
165
407.7
586
407.75
758
407.8
666
407.85
1007
Bid Total: 5513
Ask Total: 3182
Buy orders: 63%
Sell orders: 37%
Bearish
2
Neutral
6
Bullish
0
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
40.51
Neutral
ATR (14)
11.11
Neutral
STOCH(9,6)
56.9
Neutral
STOCH RSI (14)
74.37
Neutral
ADX(9)
24.61
Bearish
UO(9)
50.74
Neutral
ROC(12)
-2.19
Bearish
WillR(14)
-74.08
Neutral
Period
Simple value
Exponential vaue
5D
409.86
410.62
10D
409.09
411.53
20D
417.54
417.77
50D
439.66
438.64
100D
478.26
455.97
Volume trend — traded volume by day
16 Sep5L
15 Sep31L
11 Sep97L
10 Sep77L
9 Sep1Cr
Average64L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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Varun Beverages share price data is sourced from NSE/BSE and may be delayed. It is displayed for informational purposes only and does not constitute investment advice or a recommendation to buy or sell.

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