What is the share price of Varun Beverages Ltd (VBL) today?
The share price of VBL as on 4th February 2026 is ₹444.90. 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: -5.67%
- Past 1 month: -9.43%
- Past 3 months: -5.54%
- Past 6 months: -12.52%
- Past 1 year: -24.15%
- Past 3 years: 92.61%
- Past 5 years: 454.32%
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 0.11.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 ₹150469.38 Cr as of 4th February 2026.What is the 52 week high and low of Varun Beverages Ltd (VBL) share?
The 52-week high of Varun Beverages Ltd (VBL) is ₹592.95 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 49.55. The P/B (price-to-book) ratio is 8.99.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 |
|---|---|---|
| 49.55 | 8.99 | 0.11% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 34.17 | 8.37 | 1.79% |
from 26 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 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 4,017.40 | 6,077.31 | 8,558.92 | 7,591.61 | 8,891.16 | 13,211.99 | 16,121.94 | 20,128.92 | 22,037.73 | 22,037.73 | ||||||||||
| Raw Materials | 1,883.28 | 2,306.50 | 3,363.29 | 2,781.10 | 4,134.38 | 6,605.66 | 7,489.16 | 8,979.66 | 16,642.04 | 16,642.04 | ||||||||||
| Power & Fuel Cost | 160.04 | 194.80 | 279.06 | 267.00 | 329.93 | 479.22 | 550.29 | 629.51 | ||||||||||||
| Employee Cost | 462.84 | 582.95 | 810.82 | 889.74 | 1,007.70 | 1,216.64 | 1,446.59 | 1,885.03 | ||||||||||||
| Selling & Administrative Expenses | 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 | 132.80 | 258.29 | 225.79 | 376.84 | 307.69 | 269.61 | 669.63 | 850.20 | ||||||||||||
| EBITDA | 852.18 | 1,041.67 | 1,509.21 | 1,184.94 | 1,744.84 | 2,844.92 | 3,711.86 | 4,863.34 | 5,395.69 | 5,395.69 | ||||||||||
| Depreciation/Amortization | 346.64 | 385.07 | 488.63 | 528.70 | 531.26 | 617.19 | 680.91 | 947.39 | 1,216.46 | 1,216.46 | ||||||||||
| PBIT | 505.54 | 656.60 | 1,020.58 | 656.24 | 1,213.58 | 2,227.73 | 3,030.95 | 3,915.95 | 4,179.23 | 4,179.23 | ||||||||||
| Interest & Other Items | 214.59 | 222.80 | 324.31 | 293.74 | 206.97 | 204.09 | 291.60 | 482.86 | 169.58 | 169.57 | ||||||||||
| PBT | 290.95 | 433.80 | 696.27 | 362.50 | 1,006.61 | 2,023.64 | 2,739.35 | 3,433.09 | 4,009.65 | 4,009.66 | ||||||||||
| Taxes & Other Items | 80.81 | 140.95 | 227.30 | 33.51 | 312.55 | 526.21 | 683.44 | 838.45 | 973.16 | 973.15 | ||||||||||
| Net Income | 210.14 | 292.85 | 468.97 | 328.99 | 694.06 | 1,497.43 | 2,055.91 | 2,594.64 | 3,036.49 | 3,036.51 | ||||||||||
| EPS | 0.68 | 0.95 | 1.48 | 1.01 | 2.14 | 4.61 | 6.33 | 7.83 | 8.98 | 8.98 | ||||||||||
| DPS | 0.15 | 0.15 | 0.22 | 0.22 | 0.33 | 0.70 | 1.00 | 1.00 | 0.50 | 1.50 | ||||||||||
| Payout ratio | 0.22 | 0.16 | 0.15 | 0.22 | 0.16 | 0.15 | 0.16 | 0.13 | 0.06 | 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 | 49.55 | 8.99 | 0.11% |
| Orient Beverages Ltd | 13.03 | 1.87 | — |
| 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
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
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 decreased by 1.63%
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 0.7867% | Percentage of the fund’s portfolio invested in the stock 2.15% | Change in the portfolio weight of the stock over the last 3 months 0.83% | 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 17/52 (+11) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.4431% | Percentage of the fund’s portfolio invested in the stock 1.60% | Change in the portfolio weight of the stock over the last 3 months 0.14% | 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 12/103 (+9) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.3989% | Percentage of the fund’s portfolio invested in the stock 1.46% | Change in the portfolio weight of the stock over the last 3 months 0.05% | 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 18/94 (0) |
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 shown inconsistent dividend trend over the last 5 years
Current dividend yield is 0.11%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.12 every year
Dividends
Corp. Actions
Announcements
Legal Orders
VBL Dividend Trend
VBL has shown inconsistent dividend trend over the last 5 years
Current dividend yield is 0.11%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.12 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 announced that the 31th Annual General Meeting(AGM) of the company will be held on 1 April 2026.Powered by Capital Market - Live
Varun Beverages has allotted 1,05,625 equity shares under ESOP on 03 February 2026. With this allotment, the paid up equity share capital has increased to 338,20,94,394 equity shares having face value of Rs. 2/- each.Powered by Capital Market - Live
Varun Beverages announced that the Board of Directors of the Company at its meeting held on 3 February 2026, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Varun Beverages rose 35.99% to Rs 251.79 crore in the quarter ended December 2025 as against Rs 185.15 crore during the previous quarter ended December 2024. Sales rose 13.98% to Rs 4204.42 crore in the quarter ended December 2025 as against Rs 3688.79 crore during the previous quarter ended December 2024. For the full year,net profit rose 17.03% to Rs 3036.49 crore in the year ended December 2025 as against Rs 2594.63 crore during the previous year ended December 2024. Sales rose 8.39% to Rs 21685.38 crore in the year ended December 2025 as against Rs 20007.65 crore during the previous year ended December 2024. ParticularsQuarter EndedYear EndedDec. 2025Dec. 2024% Var.Dec. 2025Dec. 2024% Var. Sales4204.423688.79 14 21685.3820007.65 8 OPM %15.1415.70 -23.2623.54 - PBDT689.08514.92 34 5226.114380.48 19 PBT358.89254.14 41 4009.653433.09 17 NP251.79185.15 36 3036.492594.63 17 Powered by Capital Market - Live
The board of Varun Beverages at its meeting held on 03 February 2026 has approved to upto 30% of equity share capital of FPEL HR2 Energy (a special purpose vehicle inter-alia engaged to generate & supply solar power to consumers in the state of Haryana) to obtain solar power for captive consumption.Powered by Capital Market - Live
Revenue from operations grew 14% YoY to Rs 4,204.42 crore in Q4 2025 as compared to Rs 3,688.79 crore in Q4 CY2024. Consolidated sales volume grew by 10.2% to 237.1 million cases from 215.1 million cases in Q4 CY2024. Sales volumes in India grew by 10.5%, and International markets grew by 10.0%. EBITDA increased by 10.2% to Rs 639.26 crore in Q4 2025 from Rs 579.97 crore in Q4 2024. Varun Beverages has recorded 16.2% increase in net profit to Rs 3,062.04 crore on an 8.4% rise in net revenue from operations to Rs 21,685.38 crore in CY2025 as compared with CY2024. Ravi Jaipuria, chairman, Varun Beverages, said: CY2025 was marked by steady execution, despite weather-related disruptions in India during the peak summer season. Volume growth in India was impacted during parts of the year due to unprecedented heavy rainfall throughout the year. However, performance improved meaningfully in Q4, with domestic volumes growing by 10.5%, reflecting the strength of our wide distribution network and strong brand portfolio. The greenfield plants and backward integration facilities commissioned during the year are progressively stabilising and are expected to support higher volumes and operating leverage in the upcoming season. Our international operations continued to scale well, led by Africa. International volumes grew by 10.0% in Q4, with South Africa delivering healthy volume growth, supported by expansion in general trade reach, addition of visi-coolers and continued progress on backward integration and capacity enhancement, strengthening supply chain efficiency and cost competitiveness. During the year, we announced the proposed acquisition of Twizza in South Africa subject to regulatory and other approvals. The company has 3 manufacturing facilities including backward integration which will significantly enhance our manufacturing footprint and route-to-market capabilities in Africa's largest soft drinks market, while offering meaningful synergies with our existing operations. We also continued to expand our product portfolio and categories. The snacks business in Morocco has ramped up well, distribution of snacks in Zimbabwe and Zambia is gaining traction. Varun Beverages is a key player in beverage industry and 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
Varun Beverages Ltd is down for a fifth straight session today. The stock is quoting at Rs 464.75, down 0.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.73% on the day, quoting at 25232.6. The Sensex is at 82000.06, down 0.69%.Varun Beverages Ltd has lost around 5.12% in last one month.Meanwhile, Nifty FMCG index of which Varun Beverages Ltd is a constituent, has eased around 8.53% in last one month and is currently quoting at 50523.9, up 0.44% on the day. The volume in the stock stood at 32.28 lakh shares today, compared to the daily average of 47.93 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 467.45, down 0.55% on the day. Varun Beverages Ltd tumbled 13.41% in last one year as compared to a 7.33% rally in NIFTY and a 10.49% fall in the Nifty FMCG index.The PE of the stock is 60.28 based on TTM earnings ending September 25.Powered by Capital Market - Live
Varun Beverages will hold a meeting of the Board of Directors of the Company on 3 February 2026.Powered by Capital Market - Live
Varun Beverages announced that NSE Sustainability Ratings & Analytics Limited, has voluntarily assigned an ESG rating of '64' based on data pertaining to FY 2025.Powered by Capital Market - Live
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



Over the last 5 years, revenue has grown at a yearly rate of 23.76%, vs industry avg of 23.67%
Over the last 5 years, market share increased from 98.85% to 99.22%
Over the last 5 years, net income has grown at a yearly rate of 55.97%, vs industry avg of 55.97%