Varun Beverages Share Price

NSE: VBL

₹ 457.20

-₹1.85 (-0.4%)

Last updated 24 Jul, 2026, 15:59 IST

Varun Beverages Share Price Today

As of 25 Jul 2026, Varun Beverages share price is ₹457.20. The stock opened at ₹452.00, compared to its previous close of ₹459.05. During today's trading session, Varun Beverages share price moved in the range of ₹451.15 to ₹459.50, with an average price of ₹455.32 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 declined by 3.56% over the last six months and is down 5.93% on a year-on-year basis.

₹451.15

0.40% down today

₹459.50

1D LOW

1D HIGH

Latest Earning

Op Profit TrendUp by 224.11% QoQ

Latest Earning

Net Profit TrendUp by 237.97% QoQ

Latest Earning

Revenue TrendUp by 53.77% QoQ

Stock Performance

OutperformingBeat Nifty by 1.54 % in last 6 month

Shareholding Pattern

PromoterPromoter decreased stake by 0.01%

Shareholding Pattern

DIIDII increased stake by 0.89%

Shareholding Pattern

FIIFII decreased stake by 2.43%

Varun Beverages Returns Calculator

If you would've invested

₹

₹1,000₹1Cr

Historical Returns

1 Year

₹4,79,095-₹20,905 (-4.18%)

3 Year

₹7,10,490+₹2,10,490 (+42.10%)

5 Year

₹22,51,108+₹17,51,108 (+350.22%)

₹411.50₹502.90

Circuit Low

Circuit High

₹381.00₹555.80

52-Week Low

52-Week High

Circuit

₹411.50

₹502.90

52-week

₹381.00

₹555.80

Mkt Cap Cr

1,55,255.00

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

Mkt Cap Cr

1,55,255.00

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

Performance

Very Poor

Varun Beverages has not beaten FD return of 7%

Valuation

Overvalued

Varun Beverages appears overvalued compared to its peers

Earnings

Excellent

Varun Beverages revenue, operating profit and net profit are growing

Peer Comparison

Peer comparison — key ratios
Name	Mkt Cap Cr	P/E	P/B	ROE	D/E	ROCE	Book Value	Div. Yield	Turnover	EPS(TTM)
Hindustan Unilever	5,03,929.00	32.12	9.91	31.07%	0.03	25.43%	9.81	1.99%	0.97	65.66
Nestle India	2,78,391.00	73.06	53.98	67.85%	0.08	84.03%	27.53	0.83%	1.82	18.38
Britannia Industries	1,29,794.00	51.60	25.60	53.62%	0.30	55.30%	28.17	1.67%	3.62	106.35
Marico	1,11,116.00	54.34	22.74	44.30%	0.04	40.47%	16.48	0.54%	1.59	15.00
Godrej Consumer Products	1,08,250.00	54.13	7.97	15.10%	0.35	17.56%	12.84	2.03%	1.09	14.81
LENSKART SOLUTIONS LTD	96,638.10	193.61	11.09	5.65%	0.20	7.00%	52.45	0.00%	0.49	2.80
Dabur India	75,038.20	38.43	6.37	16.82%	0.07	20.85%	9.67	2.01%	1.20	8.41
Colgate Palmolive	9,183.40	23.68	27.81	158.62%	0.03	179.72%	30.72	3.24%	3.59	48.73
PATANJALI FOODS LIMITED	37,104.50	20.44	2.83	15.37%	0.21	10.59%	120.37	1.03%	3.05	16.69
P&G Hygiene & Health	29,097.60	33.97	38.62	113.67%	0.00	155.91%	232.12	2.84%	4.93	263.86

Varun Beverages Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
Particulars	Dec 2025	Dec 2024	Dec 2023	Dec 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
Particulars	Dec 2025	Dec 2024	Dec 2023	Dec 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
Particulars	Dec 2025	Dec 2024	Dec 2023	Dec 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
Particulars	Dec 2025	Dec 2024	Dec 2023	Dec 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
Particulars	Dec 2025	Dec 2024	Dec 2023	Dec 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
Particulars	Dec 2025	Dec 2024	Dec 2023	Dec 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

Ask

Qty

457.2

195

Bid Total: 0

Ask Total: 195

Buy orders: 0%

Sell orders: 100%

30 levels of bid & ask depth

Supply & Demand Zones

Bearish

Neutral

Bullish

Neutral

by SEBI experts available for this stock

Earn more using advisory

by SEBI experts

Expert Pick

EXPPICK

Stop-loss

Entry price

Target

Indicator

Value

Verdict

RSI (14)

30.94

Neutral

ATR (14)

10.47

Neutral

STOCH(9,6)

26.13

Neutral

STOCH RSI (14)

5.43

Bullish

ADX(9)

41.6

Bearish

UO(9)

41.14

Neutral

ROC(12)

-3.66

Bearish

WillR(14)

-87.98

Bullish

Period

Simple value

Exponential vaue

461.19

460.52

10D

463.94

466.03

20D

480.32

477.67

50D

506.52

490.01

100D

477.75

485.76

About Varun Beverages

ISIN

INE200M01039

Sector Market Cap

₹ 1,55,255 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 ₹6,617.72 crore in Mar 2026, compared with ₹4,303.53 crore in Dec 2025, representing an increase of 53.77% on a quarter-on-quarter (QoQ) basis.
Varun Beverages reported an operating profit of ₹1,163.19 crore in Mar 2026, compared with ₹358.89 crore in Dec 2025, representing an increase of 224.11% on a quarter-on-quarter (QoQ) basis.
Varun Beverages reported a profit of ₹878.71 crore in Mar 2026, compared with ₹260.00 crore in Dec 2025, reflecting an increase of 237.97% on a QoQ basis.
The earnings per share (EPS) of Varun Beverages stood at ₹8.98 during Mar 2026.