Fast Moving Consumer Goods · NIFTY 500
Varun Beverages Limited
₹435.00 +1.35 (+0.31%) Updated 12 Nov, 7:47 pm IST
Today
- Open
- ₹434.00
- Prev close
- ₹433.65
- Day high
- ₹437.15
- Day low
- ₹429.70
- Volume
- 37.65 L
- Value traded
- ₹162.88 Cr
- Upper circuit
- ₹446.00
- Lower circuit
- ₹420.10
- 52W high
- ₹555.80
- 52W low
- ₹381.00
- 1 month
- +1.39%
- 6 months
- -12.63%
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Revenue · QoQ (vs last quarter)
Revenue · YoY (vs a year ago)
Net profit · QoQ (vs last quarter)
Net profit · YoY (vs a year ago)
EPS (₹) · YoY (vs a year ago)
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,731 | 4,398 | 7,334 | 4,932 | 3,818 | 5,680 | 7,163 | 5,048 | 4,335 | 6,722 | 8,651 | 6,816 |
| Other income | 9.1 | 8.4 | 44.0 | 24.3 | 44.6 | 28.1 | 77.2 | 148 | 99.1 | 43.5 | 104 | 120 |
| Total income | 2,740 | 4,406 | 7,378 | 4,956 | 3,862 | 5,708 | 7,240 | 5,196 | 4,434 | 6,765 | 8,755 | 6,935 |
| Raw material | 1,209 | 1,931 | 2,872 | 1,785 | 1,705 | 2,671 | 2,845 | 1,899 | 1,922 | 3,152 | 3,653 | 2,910 |
| Purchases | 102 | 235 | 160 | 146 | 144 | 71.2 | 99.1 | 88.9 | 110 | 65.2 | 183 | 101 |
| Employee cost | 371 | 394 | 499 | 513 | 479 | 512 | 550 | 553 | 586 | 619 | 683 | 603 |
| Other expenses | 784 | 1,128 | 1,583 | 1,132 | 1,138 | 1,375 | 1,423 | 1,228 | 1,233 | 1,628 | 1,818 | 1,687 |
| Total expenses | 2,552 | 3,690 | 5,714 | 4,156 | 3,607 | 4,730 | 5,507 | 4,253 | 4,072 | 5,598 | 6,773 | 5,881 |
| Operating profit | 418 | 989 | 1,991 | 1,151 | 580 | 1,264 | 1,999 | 1,147 | 639 | 1,529 | 2,343 | 1,427 |
| OPM % | 15.3% | 22.5% | 27.2% | 23.3% | 15.2% | 22.3% | 27.9% | 22.7% | 14.7% | 22.7% | 27.1% | 20.9% |
| Finance cost | 73.7 | 93.7 | 129 | 119 | 109 | 41.1 | 36.5 | 45.2 | 46.7 | 48.5 | 56.9 | 71.7 |
| Depreciation | 166 | 188 | 242 | 257 | 261 | 273 | 306 | 308 | 330 | 357 | 409 | 420 |
| Profit before tax | 188 | 716 | 1,664 | 800 | 255 | 978 | 1,733 | 943 | 361 | 1,167 | 1,981 | 1,055 |
| Tax | 44.2 | 168 | 401 | 171 | 58.5 | 246 | 407 | 196 | 98.9 | 284 | 452 | 222 |
| Net profit | 144 | 548 | 1,262 | 629 | 196 | 731 | 1,325 | 745 | 260 | 879 | 1,525 | 831 |
| Profit to shareholders | 132 | 537 | 1,253 | 620 | 185 | 726 | 1,317 | 741 | 252 | 872 | 1,521 | 828 |
| EPS (₹) | 1.02 | 4.13 | 9.63 | 1.91 | 0.56 | 2.15 | 3.89 | 2.19 | 0.74 | 2.58 | 4.50 | 2.45 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
| ₹ Cr | Jun 26 |
|---|---|
| Shareholders' equity | 21,771 |
| Long-term borrowings | 2,127 |
| Short-term borrowings | 1,356 |
| Total borrowings | 3,484 |
| Current liabilities | 5,180 |
| Fixed assets (PPE) | 16,027 |
| Inventories | 3,990 |
| Trade receivables | 1,648 |
| Cash & equivalents | 2,126 |
| Current assets | 10,527 |
| Total assets | 30,211 |
| Debt / equity | 0.16 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Latest (30 Sep 2026)
- Promoter & group
- 59.43%
- Public (FIIs, mutual funds, retail…)
- 40.57%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Interim Dividend - Re 0.50 Per Share
- Interim Dividend - Re 0.50 Per Share
- Interim Dividend - Re 0.50 Per Share
- Dividend - Re 0.50 Per Share
- Interim Dividend - Re 0.50 Per Share
- Interim Dividend - Re 0.50 Per Share
- Dividend - Re 0.50 Per Share
- Face Value Split (Sub-Division) - From Rs 5/- Per Share To Rs 2/- Per Share
Board meetings
- the Quarterly Unaudited Financial results of the Company for the period ended September 2026 and Dividend.
- the following:(i) Unaudited Financial Results of the Company, both on Standalone and Consolidated basis, for the Quarter and Nine Months ended Septem…
- the Half Yearly Unaudited Financial results of the Company for the period ended June 2026 and Dividend.
- the following:(i) Unaudited Financial Results of the Company, both on Standalone and Consolidated basis, for the Quarter and Half Year ended June 30,…
- the Quarterly Unaudited Financial results of the Company for the period ended March 2026 and Dividend.
Filings with NSE
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Dividend
- Record Date
- Press Release
Latest news
Varun Beverages shares fall 3% after foray into alcobev segment; here’s what JP Morgan, CLSA analysts saidUpstox · 25 Aug, 12:30 pmVarun Beverages share price target 2026: 31% returns ahead? Why Choice Broking recommends 'buy' - Rationale explainedTradingView · 28 Aug, 12:30 pmVarun Beverages slips 4%, hits 3-month low on heavy volumeBusiness Standard · 26 Aug, 12:30 pmVarun Beverages Share Price Falls Sharply After Q2 ResultsNDTV Profit · 28 Jul, 12:30 pmVarun Beverages shares fall 2.01% on TuesdayMoneycontrol.com · 11 Aug, 12:30 pmVarun Beverages Share Price Fall: Price Action and PeersUnivest · 28 Oct, 12:30 pmVarun Beverages share price: Stock can rally 44%, analysts see medium-term growth from alcobev forayCNBC TV18 · 26 Aug, 12:30 pmVarun Beverages Gets Exclusive Mondelez Deal In ZimbabweEquitypandit · 25 Sep, 12:30 pmAbout
About Varun Beverages Limited
Varun Beverages Limited is listed on the NSE under the symbol VBL and belongs to the Fast Moving Consumer Goods sector.
Company details
- Company name
- Varun Beverages Limited
- NSE symbol
- VBL
- BSE scrip code
- 540180
- ISIN
- INE200M01039
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 8 Nov 2016
- Face value
- ₹2 per share
- Market lot
- 1 share
- Shares issued
- 338.25 crore
- Index
- NIFTY 500
- Sector (NSE)
- Fast Moving Consumer Goods
- Industry
- Beverages: Non-Alcoholic
- Chair
- Ravi Kant Jaipuria
- Headquarters
- Gurugram, Haryana, India
- Registered address
- Plot No. 31, Sector 44, Institutional Area, Gurugram - 122 002, Haryana
- Founded
- 1995
- Employees
- 29,434
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- varunbeverages.com
Peers
Other Fast Moving Consumer Goods stocks
Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.