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NSE · VBL

Varun Beverages Limited

446.25
₹1,56,913 Cr market cap
P/E
49.3
EPS
₹9.41
Book value
₹57.88
ROE
15.51%
ROCE
18.92%
Debt / equity
0.15

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

05509110191652822038Dec 24Mar 25Jun 25Sep 25Dec 25Dec 25Mar 26Jun 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹5,996 Cr with net profit ₹1,324 Cr — a 22.09% net margin, versus 17.51% the period before.

Shareholding

As of 2026-06-30

59.43%
promoter holding
  • Promoter59.43%
  • Public6.33%
  • FII19.03%
  • DII15.21%

8,13,548 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

60.2%59.43%Nov 24Jun 26

52-week position

Where the current price sits in its yearly band

381446556

The band spans 1.46× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Food - Processing - Indian · ranked #1 of 110 by market cap · medians across 49 industry peers

P/E
49.3vs 57.55 peer med
P/B
8.01vs 3.03 peer med
ROE %
15.51vs 11.18 peer med
Margin %
13.68vs 4.52 peer med
CompanyMkt capP/EP/BROEMargin
Varun Beverages Limited(this company)₹1,50,943 Cr44.587.7115.51%13.68%
Hatsun Agro Product Ltd.₹19,668 Cr387.2610.1217.97%3.62%
Zydus Wellness Limited₹17,661 Cr77.23.033.98%5.01%
Bikaji Foods International Ltd.₹16,115 Cr285.6410.0316.07%8.8%
LT Foods Limited₹13,114 Cr96.592.913.83%5.71%
Avanti Feeds Limited₹13,019 Cr103.983.9618.44%9.99%
Godrej Agrovet Limited₹10,806 Cr103.075.3223.27%4.63%
Manorama Industries Ltd.₹9,891 Cr188.4614.532.97%16.58%
KRBL Limited₹8,031 Cr51.671.3811.16%10.63%
Orkla India Limited₹7,788 Cr105.282.8310.39%11.39%

AI analysis

AI-generated · google/gemini-2.5-flash

Varun Beverages Limited, listed as VBL, has a market capitalization of Rs 158299 Cr. The company reported revenue of Rs 22037.73 Cr with an annual revenue growth of 8.4%. Its profit margin stands at 13.68%.

Positives

  • +Revenue grew 8.4% annually to Rs 22037.73 Cr as of December 2025.
  • +The company maintains a healthy profit margin of 13.68%.
  • +Return on capital employed (ROCE) is 18.9214%.
  • +The debt-to-equity ratio is low at 0.15.
  • +The dividend yield is 32%.

Negatives

  • Promoter entity Sft Technologies Private Limited has pledged 100% of its shares.
  • Promoter entity Lotus Holdings has pledged 7500 shares, representing 39.79% of its holding.
  • Promoter entity Marison Finvest Private Limited has pledged 2185 shares, representing 100% of its holding.
  • Promoter entity Madhav H Mariwala has pledged 310 shares, representing 2.65% of their holding.

Financial Performance

Varun Beverages Limited reported an annual revenue of Rs 22037.73 Cr as of December 2025, reflecting an 8.4% increase. The net profit for the same period was Rs 3036.489 Cr. Quarterly revenue for March 2026 was Rs 6574.19 Cr, with a net profit of Rs 872.36 Cr. The company's diluted EPS for the period ending December 2025 was 8.98.

Profitability & Returns

The company's profit margin is 13.68%. Return on equity (ROE) is 15.51% and return on capital employed (ROCE) is 18.9214%. The earnings per share (EPS) for the year ending December 2025 was 8.98. The price-to-earnings (PE) ratio stands at 49.73.

Balance Sheet

Varun Beverages Limited has a debt-to-equity ratio of 0.15, indicating a low level of debt relative to equity. The book value per share is Rs 57.88. The company also reported a dividend yield of 32%.

Ownership & Pledges

Public shareholding is 6.3251%. The total number of shareholders is 813548. Promoter pledge is 0% of the total promoter holding. However, specific promoter entities have pledged shares. For instance, Madhav H Mariwala pledged 310 shares representing 2.65% of their holding, and Sft Technologies Private Limited pledged 18609 shares, representing 100% of their holding as of June 30, 2026.

Data as of — price: 2026-07-29 · financials: Jun 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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