Varun Beverages
NSE: VBL · ISIN INE200M01039 · Consumer Defensive
₹433.20−1.80 (−0.41%)
Monday 9 November, 12:05 IST. Delayed. Source: Yahoo Finance.
Price chart
₹433.20 −1.80 (−0.41%) today
The day
- Previous close
- ₹435.00
- Open
- ₹437.15
- Day high
- ₹439.00
- Day low
- ₹432.35
Listed on NSE since 8 November 2016.
Futures and options
- Futures, 23 Nov expiry
- ₹434.10
- Premium to the share price
- +0.55 (+0.13%)
- Futures open interest
- 47,016 contracts (+154 today)
- Lot size (NOV 26)
- 1,275 shares
Source: NSE, 09-Nov-2026 11:56:53, delayed. Option chain · All futures · Lot sizes
Pivot levels
- R3
- 448.73
- R2
- 443.37
- R1
- 440.68
- CPR top
- 436.66
- Pivot
- 435.32
- CPR bottom
- 433.98
- S1
- 432.63
- S2
- 427.27
- S3
- 424.58
From Friday 6 November’s high, low and close (Yahoo Finance). Arithmetic on past prices, not a forecast.
Key numbers
- Market value
- ₹1,46,631 Cr
- P/E (trailing)
- 148.97
- EPS (trailing)
- ₹2.91
- Price to book
- 6.73
- Dividend yield
- 0.46%
- Debt to equity
- 0.16
- Profit margin
- 13.4%
- Beta
- 0.35
- Volume today
- 21.70 L
- Average volume
- 57.21 L
Source: Yahoo Finance. Ratios use the latest reported (trailing twelve-month) figures.
Revenue and profit
| Year | Revenue | Net profit |
|---|---|---|
| Year to December 2022 | ₹12,921 Cr | ₹1,497.43 Cr |
| Year to December 2023 | ₹15,622 Cr | ₹2,055.92 Cr |
| Year to December 2024 | ₹19,445 Cr | ₹2,594.63 Cr |
| Year to December 2025 | ₹20,835 Cr | ₹3,036.49 Cr |
Source: Yahoo Finance, from annual reports. Consolidated where reported.
Quarterly results
| Quarter | Revenue | Net profit | Profit vs year ago |
|---|---|---|---|
| Q2 FY27Jul–Sep 2026 | ₹6,816 Cr | ₹828 Cr | +11.7% |
| Q1 FY27Apr–Jun 2026 | ₹8,651 Cr | ₹1,521 Cr | +15.5% |
| Q4 FY26Jan–Mar 2026 | ₹6,722 Cr | ₹872 Cr | +20.1% |
| Q3 FY26Oct–Dec 2025Audited | ₹4,335 Cr | ₹252 Cr | – |
| Q2 FY26Jul–Sep 2025 | ₹5,048 Cr | ₹741 Cr | – |
| Q1 FY26Apr–Jun 2025 | ₹7,163 Cr | ₹1,317 Cr | – |
Source: Varun Beverages’s results filed with NSE, consolidated (the whole group). Net profit is the share of Varun Beverages’s own shareholders where the filing separates it. Profit vs year ago compares with the same quarter a year earlier; – where that quarter is not on file or made a loss.
Download results (zip) A spreadsheet of the quarterly results and balance sheets, with the original filings from NSE.
Balance sheet
| As on | June 2026 | December 2025 |
|---|---|---|
| Fixed assets | ₹16,515 Cr | ₹15,473 Cr |
| Investments | ₹20 Cr | ₹11 Cr |
| Inventories | ₹3,990 Cr | ₹2,952 Cr |
| Owed by customers | ₹1,648 Cr | ₹1,249 Cr |
| Cash and equivalents | ₹2,126 Cr | ₹1,784 Cr |
| Total assets | ₹30,211 Cr | ₹25,565 Cr |
| Borrowings | ₹3,484 Cr | ₹2,508 Cr |
| Total liabilities | ₹8,258 Cr | ₹5,824 Cr |
| Shareholders’ equity | ₹21,771 Cr | ₹19,579 Cr |
Source: Varun Beverages’s half-yearly statements of assets and liabilities filed with NSE, consolidated. Companies file these every September and March.
About Varun Beverages
Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana. The company offers carbonated soft drinks under the Pepsi, Pepsi Zero, Mountain Dew, Mirinda, and Seven-Up brands, as well as the Refreshhh, Coo-ee, and Jive brands; fruit pulp and juice-based drinks under the Slice, Tropicana, Tropicana Delight, and Seven-Up Nimbooz brands; club sodas under the Evervess and Duke's brands; and energy drinks under the Sting, Adrenaline Rush, and Rockstar brands. It also provides sports drinks under the Gatorade brand; carbonated juice-based drinks under the Seven-Up Nimbooz Masala Soda brand; ice-tea under the Lipton brand; packaged drinking water under the Aquafina and Aquavess brands, as well as the Refreshhh and Aquaclear brands; and snacks under the FritoLay, Cheetos, Doritos, Simba, and Kurkure brands. In addition, the company offers energy drinks under the Reboost Energy brand; and value-added dairy-based beverages under the Cream Bell brand. Varun Beverages Limited was incorporated in 1995 and is based in Gurugram, India.
- Industry
- Beverages - Non-Alcoholic
- Based in
- Gurugram
- Employees
- 10,654
Company website · Profile: Yahoo Finance
In the news
All newsNo headlines name Varun Beverages in the last day or two.
Dividends and corporate actions
All companies- Interim Dividend - Re 0.50 Per Share
Dividend · ex-date 5 November 2026
- Interim Dividend - Re 0.50 Per Share
Dividend · ex-date 31 July 2026 · record date 1 August 2026
- Interim Dividend - Re 0.50 Per Share
Dividend · ex-date 30 April 2026 · record date 1 May 2026
- Dividend - Re 0.50 Per Share
Dividend · ex-date 8 April 2026
- Interim Dividend - Re 0.50 Per Share
Dividend · ex-date 1 August 2025 · record date 2 August 2025
- Interim Dividend - Re 0.50 Per Share
Dividend · ex-date 7 May 2025
- Dividend - Re 0.50 Per Share
Dividend · ex-date 4 April 2025
- Face Value Split (Sub-Division) - From Rs 5/- Per Share To Rs 2/- Per Share
Split · ex-date 12 September 2024
Source: NSE. Latest first, 8 of 20.
Information only, not investment advice. Prices are delayed.