What is the share price of Varun Beverages Ltd (VBL) today?
The share price of VBL as on 5th December 2025 is ₹477.15. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Varun Beverages Ltd (VBL) share?
The past returns of Varun Beverages Ltd (VBL) share are- Past 1 week: 2.36%
- Past 1 month: 0.88%
- Past 3 months: -1.96%
- Past 6 months: 2.59%
- Past 1 year: -22.46%
- Past 3 years: 81.97%
- Past 5 years: 546.24%
What are the peers or stocks similar to Varun Beverages Ltd (VBL)?
The peers or stocks similar to Varun Beverages Ltd (VBL) include:What is the dividend yield % of Varun Beverages Ltd (VBL) share?
The current dividend yield of Varun Beverages Ltd (VBL) is 0.21.What is the market cap of Varun Beverages Ltd (VBL) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Varun Beverages Ltd (VBL) is ₹162301.64 Cr as of 5th December 2025.What is the 52 week high and low of Varun Beverages Ltd (VBL) share?
The 52-week high of Varun Beverages Ltd (VBL) is ₹663.60 and the 52-week low is ₹419.55.What is the PE and PB ratio of Varun Beverages Ltd (VBL) stock?
The P/E (price-to-earnings) ratio of Varun Beverages Ltd (VBL) is 62.55. The P/B (price-to-book) ratio is 9.70.Which sector does Varun Beverages Ltd (VBL) belong to?
Varun Beverages Ltd (VBL) belongs to the Consumer Staples sector & Soft Drinks sub-sector.How to buy Varun Beverages Ltd (VBL) shares?
You can directly buy Varun Beverages Ltd (VBL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Varun Beverages Ltd
VBL Share Price
VBL Stock Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
VBL Performance & Key Metrics
VBL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 54.65 | 9.70 | 0.21% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 36.80 | 8.97 | 1.68% |
from 25 analysts
Price Upside
Earnings Growth
Rev. Growth
VBL Company Profile
Varun Beverages Ltd is a franchisee bottler of carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo. The Company produces and distributes products, such as Pepsi, Diet Pepsi and Seven-Up.
VBL Sentiment Analysis
VBL Sentiment Analysis
VBL Stock Summary · November 2025
In Q3 CY2025, the company reported a 2.4% increase in consolidated sales volume, driven by robust international performance, particularly in South Africa, while domestic challenges persisted due to adverse weather. Profit After Tax rose by 18.5%, bolstered by lower finance costs and increased other income, despite a slight decline in margins. Strategic expansion efforts include establishing a wholly-owned subsidiary in Kenya and testing new products in Africa, reflecting a commitment to diversifying offerings amid regulatory hurdles in the Indian AlcoBev market. While the domestic market remains crucial, management is optimistic about long-term growth opportunities in Africa, leveraging partnerships and operational advantages to enhance market presence.
VBL Stock Growth Drivers
VBL Stock Growth Drivers
7Strong International Market Performance
The company reported a consolidated sales volume increase of 2.4% for Q3 CY2025, driven by
Operational Efficiency and Backward Integration
The company has implemented backward integration initiatives that have enhanced operational efficiency and resilience. These
VBL Stock Challenges
VBL Stock Challenges
3Competitive Pricing Challenges
The company faces significant pressure from competitors at the Rs. 10 price point, where aggressive
Subsidiary Profitability Issues
While the company reports that all subsidiaries are profitable on a consolidated basis, there are
VBL Forecast
VBL Forecasts
Price
Revenue
Earnings
VBL Share Price Forecast
VBL Share Price Forecast
All values in ₹
All values in ₹
VBL Company Revenue Forecast
VBL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
VBL Stock EPS (Earnings Per Share) Forecast
VBL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
VBL
VBL
Income
Balance Sheet
Cash Flow
VBL Income Statement
VBL Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3,899.29 | 4,017.40 | 6,077.31 | 8,558.92 | 7,591.61 | 8,891.16 | 13,211.99 | 16,121.94 | 20,128.92 | 21,467.63 | ||||||||||
| Raw Materials | 1,769.74 | 1,883.28 | 2,306.50 | 3,363.29 | 2,781.10 | 4,134.38 | 6,605.66 | 7,489.16 | 8,979.66 | 16,183.80 | ||||||||||
| Power & Fuel Cost | 156.22 | 160.04 | 194.80 | 279.06 | 267.00 | 329.93 | 479.22 | 550.29 | 629.51 | |||||||||||
| Employee Cost | 421.03 | 462.84 | 582.95 | 810.82 | 889.74 | 1,007.70 | 1,216.64 | 1,446.59 | 1,885.03 | |||||||||||
| Selling & Administrative Expenses | 543.41 | 526.26 | 1,693.10 | 2,370.75 | 2,091.99 | 1,366.62 | 1,795.94 | 2,254.41 | 2,921.18 | |||||||||||
| Operating & Other expenses | 172.61 | 132.80 | 258.29 | 225.79 | 376.84 | 307.69 | 269.61 | 669.63 | 850.20 | |||||||||||
| EBITDA | 836.28 | 852.18 | 1,041.67 | 1,509.21 | 1,184.94 | 1,744.84 | 2,844.92 | 3,711.86 | 4,863.34 | 5,283.83 | ||||||||||
| Depreciation/Amortization | 322.21 | 346.64 | 385.07 | 488.63 | 528.70 | 531.26 | 617.19 | 680.91 | 947.39 | 1,147.04 | ||||||||||
| PBIT | 514.07 | 505.54 | 656.60 | 1,020.58 | 656.24 | 1,213.58 | 2,227.73 | 3,030.95 | 3,915.95 | 4,136.79 | ||||||||||
| Interest & Other Items | 434.74 | 214.59 | 222.80 | 324.31 | 293.74 | 206.97 | 204.09 | 291.60 | 482.86 | 231.89 | ||||||||||
| PBT | 79.33 | 290.95 | 433.80 | 696.27 | 362.50 | 1,006.61 | 2,023.64 | 2,739.35 | 3,433.09 | 3,904.90 | ||||||||||
| Taxes & Other Items | 36.96 | 80.81 | 140.95 | 227.30 | 33.51 | 312.55 | 526.21 | 683.44 | 838.45 | 935.05 | ||||||||||
| Net Income | 42.37 | 210.14 | 292.85 | 468.97 | 328.99 | 694.06 | 1,497.43 | 2,055.91 | 2,594.64 | 2,969.85 | ||||||||||
| EPS | 0.02 | 0.68 | 0.95 | 1.48 | 1.01 | 2.14 | 4.61 | 6.33 | 7.83 | 8.78 | ||||||||||
| DPS | 0.00 | 0.15 | 0.15 | 0.22 | 0.22 | 0.33 | 0.70 | 1.00 | 1.00 | 1.50 | ||||||||||
| Payout ratio | 0.00 | 0.22 | 0.16 | 0.15 | 0.22 | 0.16 | 0.15 | 0.16 | 0.13 | 0.17 |
VBL Company Updates
Investor Presentation
Investor Presentation
VBL Stock Peers
VBL Past Performance & Peer Comparison
VBL Past Performance & Peer Comparison
Consumer StaplesSoft Drinks
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Varun Beverages Ltd | 62.55 | 9.70 | 0.21% |
| Orient Beverages Ltd | 12.90 | 1.85 | — |
| Velox Shipping and Logistics Ltd | 30.14 | 1.70 | — |
VBL Stock Price Comparison
Compare VBL with any stock or ETFVBL Holdings
VBL Shareholdings
VBL Promoter Holdings Trend
VBL Promoter Holdings Trend
VBL Institutional Holdings Trend
VBL Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
VBL Shareholding Pattern
VBL Shareholding Pattern
VBL Shareholding History
VBL Shareholding History
Mutual Funds Invested in VBL
Mutual Funds Invested in VBL
No mutual funds holding trends are available
Top 5 Mutual Funds holding Varun Beverages Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.4557% | Percentage of the fund’s portfolio invested in the stock 1.35% | Change in the portfolio weight of the stock over the last 3 months 1.35% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 29/49 (+18) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.3955% | Percentage of the fund’s portfolio invested in the stock 1.55% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 15/101 (-3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.3613% | Percentage of the fund’s portfolio invested in the stock 1.42% | Change in the portfolio weight of the stock over the last 3 months -0.29% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/89 (-3) |
Compare 3-month MF holding change on Screener
smallcases containing VBL stock
smallcases containing VBL stock
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Varun Beverages Ltd
VBL Events
VBL Events
VBL Dividend Trend
VBL has increased or maintained dividend levels over the last 5 years
Current dividend yield is 0.21%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.08 every year
Dividends
Corp. Actions
Announcements
Legal Orders
VBL Dividend Trend
VBL has increased or maintained dividend levels over the last 5 years
Current dividend yield is 0.21%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹2.08 every year
VBL Upcoming Dividends
VBL Upcoming Dividends
No upcoming dividends are available
VBL Past Dividends
VBL Past Dividends
Cash Dividend
Ex DateEx DateAug 1, 2025
Dividend/Share
₹0.50
Ex DateEx Date
Aug 1, 2025
Cash Dividend
Ex DateEx DateMay 7, 2025
Dividend/Share
₹0.50
Ex DateEx Date
May 7, 2025
Cash Dividend
Ex DateEx DateApr 4, 2025
Dividend/Share
₹0.50
Ex DateEx Date
Apr 4, 2025
Cash Dividend
Ex DateEx DateAug 9, 2024
Dividend/Share
₹1.25
Ex DateEx Date
Aug 9, 2024
Cash Dividend
Ex DateEx DateApr 4, 2024
Dividend/Share
₹1.25
Ex DateEx Date
Apr 4, 2024
VBL Stock News & Opinions
VBL Stock News & Opinions
Varun Beverages Ltd gained for a fifth straight session today. The stock is quoting at Rs 482.85, up 0.27% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.15% on the day, quoting at 26164.95. The Sensex is at 85592.35, down 0.13%. Varun Beverages Ltd has risen around 1.71% in last one month. Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has risen around 1.09% in last one month and is currently quoting at 55595.8, down 0.1% on the day. The volume in the stock stood at 21.39 lakh shares today, compared to the daily average of 56.26 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 484.8, down 0.02% on the day. Varun Beverages Ltd is down 23.63% in last one year as compared to a 7.78% spurt in NIFTY and a 4.1% spurt in the Nifty FMCG index.The PE of the stock is 62.05 based on TTM earnings ending September 25.Powered by Capital Market - Live
Varun Beverages Ltd dropped for a fifth straight session today. The stock is quoting at Rs 447.1, down 0.12% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.08% on the day, quoting at 26088.15. The Sensex is at 85340.46, up 0.13%.Varun Beverages Ltd has lost around 2.67% in last one month.Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has eased around 2.09% in last one month and is currently quoting at 55504.7, down 0.46% on the day. The volume in the stock stood at 18.81 lakh shares today, compared to the daily average of 81.43 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 447.4, up 0.04% on the day. Varun Beverages Ltd tumbled 25.62% in last one year as compared to a 7.7% rally in NIFTY and a 3.67% fall in the Nifty FMCG index.The PE of the stock is 57.67 based on TTM earnings ending September 25.Powered by Capital Market - Live
The company's consolidated net profit rose 18.5% year-on-year to Rs 745.19 crore in Q3 calendar year (CY) 2025, compared with Rs 628.83 crore in Q3 CY2024, driven by lower finance costs, favourable currency movements in overseas markets, and higher other income. Revenue from operations (net of excise and GST) increased 1.9% YoY to Rs 4,896.65 crore from Rs 4,804.68 crore in Q3 CY2024. Consolidated sales volumes rose 2.4% to 273.8 million cases from 267.5 million cases a year earlier, despite persistent rainfall across India that weighed on domestic consumption. India volumes were largely flat, while international volumes grew 9%, led by a strong performance in South Africa. Net realization per case stood at Rs 178.8 versus Rs 179.6 in the same period last year, reflecting a higher mix of packaged drinking water in overseas markets. Product mix during the quarter consisted of 74% carbonated soft drinks (CSD), 4% non-carbonated beverages (NCB), and 22% packaged drinking water. EBITDA remained steady at Rs 1,147.38 crore compared with Rs 1,151.12 crore in Q3 CY2024. EBITDA margin stood at 23.4%, down 60 basis points from 24% a year earlier due to a shift in cost structure following the company's backward integration initiatives. Gross margin, however, improved by 119 basis points to 56.7%, supported by increased mix of water in International markets. Varun Beverages also announced a major diversification move into alcoholic beverages. Certain African subsidiaries of the company have entered into an exclusive distribution agreement with Carlsberg Breweries A/S to test-market the Carlsberg brand in their territories. Further, the company has amended its Memorandum of Association to include the manufacture and distribution of alcoholic beverages, including beer, wine, whisky, brandy, gin, rum, and vodka, in both India and international markets. The company said it aims to tap into the growing demand for ready-to-drink (RTD) and premium alcoholic beverages, which offer strong long-term growth potential. Ravi Jaipuria, chairman, Varun Beverages, said, While the extended monsoon season impacted consumption trends in India, we remain confident in the significant long-term potential of the domestic beverage industry. With low per capita consumption and rising penetration in semi-urban and rural markets, the opportunity for growth continues to be immense. Our ongoing investments in capacity expansion, distribution reach, and cold-chain infrastructure are further strengthening on-ground execution, ensuring we are well-prepared to capture demand recovery in the upcoming season and deliver sustainable growth for all stakeholders. Varun Beverages is one of the largest franchisee of PepsiCo in the world (outside USA). The company produces and distributes a wide range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. Powered by Capital Market - Live
Net profit of Varun Beverages rose 19.62% to Rs 741.19 crore in the quarter ended September 2025 as against Rs 619.61 crore during the previous quarter ended September 2024. Sales rose 1.91% to Rs 4896.65 crore in the quarter ended September 2025 as against Rs 4804.68 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales4896.654804.68 2 OPM %23.4023.96 - PBDT1248.511056.74 18 PBT940.91800.13 18 NP741.19619.61 20 Powered by Capital Market - Live
Varun Beverages will hold a meeting of the Board of Directors of the Company on 29 October 2025.Powered by Capital Market - Live
Varun Beverages Ltd is up for a third straight session today. The stock is quoting at Rs 466.4, up 1.11% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.6% on the day, quoting at 25738.2. The Sensex is at 83911.27, up 0.53%. Varun Beverages Ltd has slipped around 1.51% in last one month. Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has slipped around 0.47% in last one month and is currently quoting at 55853.9, up 1.68% on the day. The volume in the stock stood at 32.62 lakh shares today, compared to the daily average of 43.47 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 463.8, up 0.42% on the day. Varun Beverages Ltd is down 20.78% in last one year as compared to a 3.56% jump in NIFTY and a 6.97% jump in the Nifty FMCG index.The PE of the stock is 61.42 based on TTM earnings ending June 25.Powered by Capital Market - Live
Varun Beverages has allotted 27,500 equity shares under ESOP on 09 October 2025. Consequent to the aforesaid allotment, the paid-up shares of the Company is increased from 338,19,61,269 equity shares to 338,19,88,769 equity shares having face value of Rs. 2/- each. Powered by Capital Market - Live
Varun Beverages Ltd dropped for a fifth straight session today. The stock is quoting at Rs 447, down 1.07% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.54% on the day, quoting at 24755.4. The Sensex is at 80723.46, down 0.54%.Varun Beverages Ltd has eased around 10.19% in last one month.Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has eased around 1.21% in last one month and is currently quoting at 55108, down 0.3% on the day. The volume in the stock stood at 27.32 lakh shares today, compared to the daily average of 60.78 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 446.95, down 1.2% on the day. Varun Beverages Ltd tumbled 26.55% in last one year as compared to a 5.44% slide in NIFTY and a 16.56% fall in the Nifty FMCG index.The PE of the stock is 60.1 based on TTM earnings ending June 25.Powered by Capital Market - Live
Varun Beverages has incorporated a joint venture company in India i.e. White Peak Refrigeration, inter-alia to carry on the business of manufacturing of visi-coolers and other refrigeration equipments etc.Powered by Capital Market - Live
Varun Beverages approved to invest upto 26% of equity share capital of Jager Renewables Two (a special purpose vehicle inter-alia engaged to generate & supply solar power to consumers in the state of Rajasthan) to obtain solar power for captive consumption.Powered by Capital Market - Live



In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant