Varun Beverages Ltd. (IN:VBL)
:VBL
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VBL Stock Chart & Stats
₹509.85
-₹11.25(-1.82%)
At close: 4:00 PM EST
₹509.85
-₹11.25(-1.82%)
Day’s Range― - ―
52-Week Range₹381.00 - ₹545.00
Previous CloseN/A
Volume5.00M
Average Volume (3M)496.51K
Market Cap
₹1.79T
Enterprise Value₹1.79T
Total Cash (Recent Filing)₹19.98B
Total Debt (Recent Filing)₹29.08B
Price to Earnings (P/E)55.6
Beta1.23
Next Earnings
Aug 14, 2026EPS Estimate
3.96Next Dividend Ex-DateN/A
Dividend Yield0.31%
Share Statistics
EPS (TTM)6.78
Shares Outstanding3,382,296,100
10 Day Avg. Volume186,454
30 Day Avg. Volume496,512
Financial Highlights & Ratios
PEG Ratio4.21
Price to Book (P/B)8.46
Price to Sales (P/S)7.64
P/FCF Ratio233.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹590.00Price Target Upside15.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)10.4
Revenue Forecast (FY)₹257.57B
Bulls Say, Bears Say
Bulls Say
Strong PepsiCo Franchise And Brand AccessVarun's status as a large PepsiCo franchisee gives durable access to global brands, new-product pipelines, and marketing support. That structural tie sustains demand, eases product launches, and lets VBL leverage brand equity and scale in procurement and distribution over the medium term.
Meaningfully Improved Leverage And Balance SheetThe sharp reduction in leverage materially de-risks the capital structure, increasing financial flexibility for capex, M&A or working-capital cycles. Lower debt servicing burden also supports resilience through commodity or volume shocks and preserves capacity to fund strategic growth initiatives.
Sustained Revenue Momentum And Healthy Margins/ROEConsistent revenue expansion paired with mid-teen ROE and double-digit operating margins indicates a scalable, profitable bottling model. These durable profitability metrics support internal reinvestment and long-term return generation, assuming stable mix and distribution efficiency.
Bears Say
Weak Free Cash Flow ConversionLow and recently restored FCF conversion signals ongoing heavy capex and working-capital needs, limiting self-funded growth and dividend capacity. Over 2–6 months this structural cash conversion shortfall can constrain strategic flexibility and increase reliance on external financing for expansion.
Margin Volatility And Recent Gross-margin Step-downMaterial gross-margin deterioration points to sensitivity to commodity or pricing dynamics. Persistent margin volatility can erode earnings predictability and reduce the buffer to absorb cost inflation, pressuring operating leverage and long-term return stability absent improved cost pass-through.
Concentration Risk On PepsiCo Franchise TermsHeavy dependence on PepsiCo brands and contractual supply/fee arrangements limits independent pricing and product control. Any adverse contract changes, input-cost shifts, or brand-level strategy pivots by the principal could materially affect VBL's margins and territory economics over the medium term.
Varun Beverages Ltd. News
VBL FAQ
What was Varun Beverages Ltd.’s price range in the past 12 months?
Varun Beverages Ltd. lowest stock price was ₹381.00 and its highest was ₹545.00 in the past 12 months.
What is Varun Beverages Ltd.’s market cap?
Varun Beverages Ltd.’s market cap is ₹1.79T.
When is Varun Beverages Ltd.’s upcoming earnings report date?
Varun Beverages Ltd.’s upcoming earnings report date is Aug 14, 2026 which is in 69 days.
How were Varun Beverages Ltd.’s earnings last quarter?
Varun Beverages Ltd. released its earnings results on Apr 27, 2026. The company reported ₹2.6 earnings per share for the quarter, beating the consensus estimate of ₹2.423 by ₹0.177.
Is Varun Beverages Ltd. overvalued?
According to Wall Street analysts Varun Beverages Ltd.’s price is currently Undervalued.
Does Varun Beverages Ltd. pay dividends?
Varun Beverages Ltd. pays a Quarterly dividend of ₹0.5 which represents an annual dividend yield of 0.31%. See more information on Varun Beverages Ltd. dividends here
What is Varun Beverages Ltd.’s EPS estimate?
Varun Beverages Ltd.’s EPS estimate is 3.96.
How many shares outstanding does Varun Beverages Ltd. have?
Varun Beverages Ltd. has 3,382,296,100 shares outstanding.
What happened to Varun Beverages Ltd.’s price movement after its last earnings report?
Varun Beverages Ltd. reported an EPS of ₹2.6 in its last earnings report, beating expectations of ₹2.423. Following the earnings report the stock price went up 5.787%.
Which hedge fund is a major shareholder of Varun Beverages Ltd.?
Currently, no hedge funds are holding shares in IN:VBL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Varun Beverages Ltd.
Varun Beverages Limited, together with its subsidiaries, operates as the franchisee of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo. The company manufactures, bottles, distributes, and sells a range of CSDs under the Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Seven-Up Nimbooz Masala Soda, Evervess Soda, Duke's Soda, Sting, Pepsi Black, Mountain Dew Ice, Slice Fizzy, and Teem brands. It also produces and distributes NCBs under the of Tropicana Slice, Tropicana Juices, Seven-Up Nimbooz, Gatorade, and Quaker Oats Milk brand names, as well as packaged drinking water under the Aquafina and Aquavess brand names. In addition, the company holds the franchise for Ole brand of PepsiCo products in Sri Lanka. It sells its products to retail outlets directly and through distributors in India, as well as territories of Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. The company was incorporated in 1995 and is based in Gurugram, India. Varun Beverages Limited is a subsidiary of RJ Corp Limited.
VBL Stock 12 Month Forecast
Average Price Target
₹590.00
▲(15.72% Upside)
Technical Analysis
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