Varun Beverages Limited
F&O₹430.50▲ +1.25 (+0.29%)
VBL·NSE·Fast Moving Consumer Goods
Market Cap
145447.27 Cr
PE Ratio
47.94
Volume
62,03,038
Day High - Low
435.25 - 424.00
52W High-Low
555.80 - 381.00
₹430.50▲ +1.25 (+0.29%)
Market Cap145447.27 Cr
PE Ratio47.94
Volume62,03,038
Day High - Low435.25 - 424.00
52W High-Low555.80 - 381.00
Varun Beverages Limited (VBL): company summary
The company's business is improving, with annual revenue rising 8.4% and annual net profit growing 16.3%.
Varun Beverages Limited (VBL) is a large-cap Fast Moving Consumer Goods company valued at ₹1.45 lakh crore operating in Other Beverages on the NSE and BSE.
- Recent price move
- Varun Beverages Limited last traded at ₹430.5, modestly up 0.29% on the day.
- Recent developments
- On 2026-09-30, Varun Beverages referred its proposed acquisition of Crickley Dairy to arbitration after a key condition was not met. On 2026-08-07, the company posted higher quarterly profit on healthy volumes, but shares fell 7.3% after the results. On 2026-08-05, Morgan Stanley highlighted Varun Beverages as a growth stock in India.
- Financial performance
- The company's business is improving, with annual revenue rising 8.4% and annual net profit growing 16.3%. The latest quarter saw revenue jump 20.4% and net profit rise 15.1% compared to the same quarter a year earlier. Net profit margin widened by 1.0 percentage points to 14.1%, while return on equity and return on capital employed remained strong at 15.5% and 18.9%, respectively.
- Valuation multiples
- The stock trades at 47.9 times earnings, a premium to the Fast Moving Consumer Goods median of 19.6, 7.11 times book value. It yields 0.2%.
- Things to watch
- The stock is 20.7% below its 52-week high, and promoter holding has decreased by 4.18% over the last three years. The company's South Africa dairy deal has been referred to arbitration, which could impact future growth opportunities.
- Where it stands
- Varun Beverages has delivered strong revenue and profit growth, with the latest quarter showing robust performance. The stock is trading below its 52-week high, and the arbitration of its South Africa dairy deal introduces uncertainty. The company's financials remain healthy, with a debt-to-equity ratio of 0.13 and strong returns.
Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
DocStoX Score
5.8/10
Fair
Fair Value
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ROE
15.51%
Strong
P/E
47.94x
Expensive
Debt / Equity
0.13
Low
Industry
Fast Moving Consumer Goods
Other Beverages
Overall View
Mixed
Price performance
NIFTY NEXT 50NIFTY 100NIFTY 200
Day₹424.00
₹435.25
52W₹381.00
₹555.80
DocStoX take
Supported by risk (9.8) and growth (9.7), but held back by valuation (0.0). Risk looks strong at 9.8, but that is offset by valuation at 0.0 and momentum at 1.9. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidence5.8
/10
Fair
Quality
Solid
ROE 15.5%
Valuation
Expensive
P/E 47.9×
Growth
Strong
Revenue +20.1% 5Y CAGR
Risk
Low risk
D/E 0.13
Momentum
Weak
28% of 52-week range
At a glance
Market Cap
₹1.45L Cr
52W High / Low
₹556 / ₹381
Dividend Yield
0.24%
Promoter Holding
59.43%
EPS (TTM)
₹8.98
Book Value
₹57.89
Key highlights
- Profit compounding 33% a year
- Low leverage — D/E 0.13
- Profitable in all of the last 5 years
- Valuation is weak (0.0/10)
- Momentum is weak (1.9/10)
4 Positives2 Watchouts
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
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Fair ValueOur fair-value estimate, upside, and Bear/Base/Bull scenarios.Intrinsic ValueGraham & earnings-power intrinsic value with margin of safety.DCFDiscounted cash flow — free cash flow, growth, value per share.ValuationP/E, P/B, earnings yield and the full multiples picture.Financial RatiosProfitability, leverage and efficiency ratios at a glance.PeersHow it stacks up against its closest listed competitors.
Varun Beverages Limited peers in Fast Moving Consumer Goods
Other Fast Moving Consumer Goods stocks on the NSE & BSE. See the full Fast Moving Consumer Goods sector list.
Hindustan Unilever LimitedITC LimitedNestle India LimitedBritannia Industries LimitedMarico LimitedUnited Spirits LimitedTATA CONSUMER PRODUCTS LIMITEDGodrej Consumer Products LimitedDabur India LimitedRadico Khaitan LimitedColgate Palmolive (India) LimitedCupid Limited
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