Varun Beverages Ltd
Fundamental Score
Varun Beverages Ltd Share Price Live NSE/BSE
Profitability Metrics
Return on Equity
Return on Capital Employed
Operating Profit Margin (5Y)
Dividend Yield
Valuation Metrics
Price to Earnings
Market Capitalization
Industry P/E
Growth Metrics
YoY Quarterly Profit Growth
YoY Quarterly Sales Growth
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Financial Health
Debt to Equity
Interest Coverage
Free Cash Flow (5Y)
Ownership Structure
Promoter Holding
FII Holding
DII Holding
Pledged Percentage
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Market Data Analysis & Educational Insights
Educational evaluation of VBL across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Strong Return on Equity (22.49%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (24.85%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance. This indicates quality business fundamentals.
Strong Operating Margins (22.18%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages. This indicates sustainable profitability potential.
Consistent Growth Track Record (22.92% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model and market opportunity execution over time.
Excellent EPS Growth (40.30% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.
Strong Profit Growth Track Record (41.44% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model and effective operational leverage over time.
Conservative Debt Levels (D/E: 0.12)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns and flexibility for growth investments.
Strong Interest Coverage (17.84x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk and strong debt servicing capability.
Balanced Promoter Holding (59.44%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.
Strong Institutional Confidence (FII+DII: 33.71%)
Observation: Significant professional investor participation indicates quality recognition.
Analysis: High institutional holding often signals thorough due diligence and quality business fundamentals.
Risk Factors
4 factors identified
Premium Valuation Risk (P/E: 55.14x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations. Consider entry timing carefully.
Negative Free Cash Flow (₹-229.93 Cr over 5Y)
Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.
Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.
High P/E Ratio
Observation: Stock may be overvalued relative to earnings.
Analysis: P/E above 30 requires strong growth execution to justify current valuations.
Very High P/E Ratio
Observation: Significant overvaluation risk present.
Analysis: Extremely high P/E ratios indicate potential bubble territory and high downside risk.
Financial Statements
Comprehensive financial data for Varun Beverages Ltd
About VBL
Business Overview
Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands. It offers carbonated soft drinks under the Pepsi, Pepsi Zero, Mountain Dew, Mirinda, and 7UP brands, as well as Refreshhh, Coo-ee, and Jive brands; fruit pulp/juice-based drinks under the Tropicana, Tropicana Delight, Slice, and Nimbooz brands; club sodas under the Evervess and Dukes brands; and energy drinks under the Sting and Rockstar brands. The company also provides sports drinks under the Gatorade brand; carbonated juice-based drinks under the 7UP Nimbooz Masala Soda brand; ice-tea under the Lipton brand; packaged drinking water under the Aquafina and Aquavess brands, as well as Refreshhh and Aquaclear brand names; and snacks under the FritoLay, Cheetos, Doritos, Simba, and Kurkure brands. In addition, it offers energy drink under the Reboost Energy brand name; and value-added dairy-based beverages under the Cream bell brand name. The company operates in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, RDC, Mozambique, South Africa, Lesotho, Eswatini, Namibiam, and Botswana. The company was incorporated in 1995 and is based in Gurugram, India.
Company Details
Key Leadership
Corporate Events
Latest News
VBL Stock Details & Analysis
Key Financial Metrics
Growth & Valuation
Frequently Asked Questions
What is the current price of Varun Beverages Ltd (VBL)?
As of 30 Jan 2026, 01:36 pm IST, Varun Beverages Ltd (VBL) is currently trading at ₹471.25. The stock has a market capitalization of ₹1.64L (Cr).
Is VBL share price Overvalued or Undervalued?
VBL is currently trading at a P/E ratio of 55.14x, compared to the industry average of 48.60x. Based on this relative valuation, the stock appears to be Overvalued against its sector peers.
What factors affect the Varun Beverages Ltd share price?
Key factors influencing VBL's price include its quarterly earnings growth (Sales Growth: 1.91%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Varun Beverages Ltd a good stock for long-term investment?
Varun Beverages Ltd shows a 5-year Profit Growth of 41.44% and an ROE of 22.49%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.12 before investing.
How does Varun Beverages Ltd compare with its industry peers?
Varun Beverages Ltd competes with major peers in the Other Beverages. Investors should compare VBL's P/E of 55.14x and ROE of 22.49% against the industry averages to determine its competitive standing.
What is the P/E ratio of VBL and what does it mean?
VBL has a P/E ratio of 55.14x compared to the industry average of 48.60x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹55 for every ₹1 of annual earnings.
How is VBL performing according to Bull Run's analysis?
VBL has a Bull Run fundamental score of 65.9/100, which indicates moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.
What sector and industry does VBL belong to?
VBL operates in the Other Beverages industry. This classification helps understand the competitive landscape and sector-specific trends affecting Varun Beverages Ltd.
What is Return on Equity (ROE) and why is it important for VBL?
VBL has an ROE of 22.49%, which indicates excellent management efficiency and profitable operations. Return on Equity measures how efficiently Varun Beverages Ltd generates profits from shareholders' equity.
How is VBL's debt-to-equity ratio and what does it indicate?
VBL has a debt-to-equity ratio of 0.12, which indicates conservative financing with low financial risk. A ratio below 1.0 generally indicates conservative financing.
What is VBL's dividend yield and is it a good dividend stock?
VBL offers a dividend yield of 0.21%, which means you receive ₹0.21 annual dividend for every ₹100 invested.
How has VBL grown over the past 5 years?
VBL has achieved 5-year growth rates of: Sales Growth 22.92%, Profit Growth 41.44%, and EPS Growth 40.30%.
What is the promoter holding in VBL and why does it matter?
Promoters hold 59.44% of VBL shares, with 0.04% of promoter shares pledged. High promoter holding often indicates strong management confidence.
What is VBL's market capitalization category?
VBL has a market capitalization of ₹163756 crores, placing it in the Large-cap category.
How volatile is VBL stock?
VBL has a beta of N/A. A beta > 1 suggests the stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is the 52-week high and low for VBL?
VBL has a 52-week high of ₹N/A and low of ₹N/A.
What is VBL's operating profit margin trend?
VBL has a 5-year average Operating Profit Margin (OPM) of 22.18%, indicating the company's operational efficiency.
How is VBL's quarterly performance?
Recent quarterly performance shows YoY Sales Growth of 1.91% and YoY Profit Growth of 19.62%.
What is the institutional holding pattern in VBL?
VBL has FII holding of 21.93% and DII holding of 11.78%. Significant institutional holding often suggests professional confidence in the stock.