Varun Beverages Share Price

₹ 395.10

-₹5.70 (-1.42%)
1D
Last updated 23 Oct, 2026, 15:58 IST
NSE: VBL
|
Consumer Food

Varun Beverages Share Price Today

As of 24 Oct 2026, Varun Beverages share price is ₹395.10. The stock opened at ₹404.40, compared to its previous close of ₹400.80. During today's trading session, Varun Beverages share price moved in the range of ₹385.80 to ₹404.40, with an average price of ₹395.10 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 18.41% over the last six months and is down 15.13% on a year-on-year basis.


₹385.80
1.42% down today
₹404.40
1D LOW
1D HIGH

Varun Beverages Stock Insights

Latest Earning
Op Profit TrendUp by 69.98% QoQ
Latest Earning
Net Profit TrendUp by 73.59% QoQ
Latest Earning
Revenue TrendUp by 29.28% QoQ
Stock Performance
UnderperformingUnderperforming Nifty by 0.38 % in last 1 yr
Shareholding Pattern
PromoterPromoter decreased stake by 0.01%
Shareholding Pattern
DIIDII increased stake by 6.42%
Shareholding Pattern
FIIFII decreased stake by 7.90%
Technical Indicators
Price breakdownPrice has broken below support on 1 Day interval.
Technical Indicators
Bollinger Band breakdownPrice touched below the lower Bollinger Band on 1 Day interval.
Volume
41,05,255
Average traded price
₹391.24
Last traded time
03:58:54 23 Oct
Last traded quantity
10

Circuit
L
H
₹380.20
₹403.70
52-week
L
H
₹381.00
₹555.80
Mkt Cap Cr
1,35,908.63

P/E
52.65

P/B
8.59

ROA
12.13%
ROE
15.51%

ROCE
19.85%

Quick Ratio
1.21

EV/EBITDA
30.02
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/BROAROEROCEQuick RatioEV/EBITDA
Hindustan Unilever4,30,915.0428.788.8418.77%22.41%26.21%0.9221.35
ITC3,23,636.6416.034.4621.52%28.53%37.26%1.9211.46
Nestle India2,29,469.4056.2639.7228.76%70.58%87.52%0.4237.53
Britannia Industries1,09,542.0842.8221.8926.82%49.61%51.85%0.829.73
Lenskart1,10,289.40165.1312.624.64%5.65%7.0%1.8550.93
Marico99,218.5750.9123.619.37%41.85%40.56%1.0437.51
Tata Consumer Products95,011.0158.054.375.04%7.08%8.9%1.0330.95
Godrej Consumer Products88,075.8646.036.968.97%14.71%17.09%0.727.95
Dabur India65,485.6233.655.7311.14%16.59%20.18%1.2521.67
Colgate Palmolive46,917.5223.6827.81129.66%158.62%179.72%1.0616.6

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

Varun Beverages Company Background

ISIN
INE200M01039
Sector Market Cap
₹ 135,908.63 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
17.53%
Other DII
6.55%
Retail and other
6.70%
Mutual funds
9.79%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 202520.31%
Mar 202619.51%
Jun 202619.03%
Sep 202617.53%
1 day
-1.42%

1 week
-7.96%

1 month
-9.41%

1 year
-15.13%

3 years
+7.04%

5 years
+256.81%
Day
Open / Close
Change %
23 Oct 26
₹404.40 / ₹395.10
-1.42%

22 Oct 26
₹405.10 / ₹400.80
-1.86%

21 Oct 26
₹421.00 / ₹408.40
-2.89%

19 Oct 26
₹430.00 / ₹420.55
-2.31%
Show more

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
132
395.1
0
0
0
0
0
0
0
0
Ask
Qty
0
0
0
0
0
0
0
0
0
0
Bid Total: 132
Ask Total: 0
Buy orders: 100%
Sell orders: 0%
Bearish
2
Neutral
3
Bullish
3
Slightly Bullish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
34.26
Neutral

ATR (14)
11.61
Neutral

STOCH(9,6)
3.97
Bullish

STOCH RSI (14)
0
Bullish

ADX(9)
30.72
Bearish

UO(9)
41.16
Neutral

ROC(12)
-8.83
Bearish

WillR(14)
-96.03
Bullish
Period
Simple value
Exponential vaue

5D
417.9
415.32

10D
428.05
422.84

20D
430.98
426.28

50D
425.2
432.3

100D
457.41
444.24
Volume trend — traded volume by day
23 Oct41L
22 Oct43L
21 Oct49L
19 Oct47L
Average45L

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 Returns Calculator

Ex-date: 31 Jul 2026
₹0.5/share

Ex-date: 30 Apr 2026
₹0.5/share

Ex-date: 08 Apr 2026
₹0.5/share

Varun Beverages Share Price FAQs












Please be aware that Varun Beverages stock prices are subject to continuous fluctuations due to various factors.