Varun Beverages company is one of the Franchisees of the Pepsico company which is responsible for the manufacturing of bottles in India and around the world, except the USA. The current Chairman of Varun Beverages is Mr. Ravni Jaipuri. The company’s registered office is located in Gurgaon, India.
Varun Beverages also provides the Bottling and distribution administration services for the Pepsico brand in the following countries:
Nepal
Morocco
Mozambique
Zambia
Zimbabwe
Varun also distributes the Pepsi, 7Up, Mountain Dew and Mirinda brands in India as well as outside the USA. The company also provides the distribution services of Tropicana
Gatorade
Sting
Lipton
Aquafina
Pepsico
In this article, we will go through Varun Beverages different metrics to understand the financial situation of the company and the predictions for Varun Beverages share price target 2025 and after.
Varun Beverages Latest News
- The share price of Varun beverages increased by +15 points at Rs 1399.00 per share on the Indian Stock Exchange (BSE) on Thursday, 29th March 2024. The share price has fallen by 1.33% in the past month.
- The company acquired South African company, Bevco, on 27th March 2024, according to its stock exchange filing. The company had announced in its Annual Report of December 2023 that it plans to acquire 1005 Acuity from Bevco for Rs 1.320 crores, subject to approval by the board of directors.
- In fiscal year 2024, the company plans to invest more capital to increase its current manufacturing capacity and introduce new products like Juice Capacity Expansion as well as more value added dairy products to compete in the competitive market.
Varun Beverages Share Price Target 2023
Month (2023) | Maximum Target | MinimumTarget |
Jan – Dec | Rs 1,250.00 | Rs 645.87 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)
Varun Beverages Share Price Target 2024
Month (2024) | Maximum Target | MinimumTarget |
January | Rs – | Rs – |
February | Rs – | Rs – |
March | Rs 1,436.90 | Rs 1,290.87 |
April | Rs 1,454.90 | Rs 1,302.90 |
May | Rs 1,480.81 | Rs 1,319.19 |
June | Rs 1,504.26 | Rs 1,329.22 |
July | Rs 1,528.10 | Rs 1,342.92 |
August | Rs 1,552.90 | Rs 1,356.07 |
September | Rs 1,577.99 | Rs 1,376.05 |
October | Rs 1,602.17 | Rs 1,390.92 |
November | Rs 1,627.03 | Rs 1,411.87 |
December | Rs 1,655.62 | Rs 1,432.00 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment)
Varun Beverages Share Price Target 2025
Month (2025) | Maximum Target | MinimumTarget |
January | Rs 1,678.13 | Rs 1,450.89 |
February | Rs 1,700.06 | Rs 1,465.54 |
March | Rs 1,723.00 | Rs 1,481.80 |
April | Rs 1,745.91 | Rs 1,498.04 |
May | Rs 1,770.05 | Rs 1,517.16 |
June | Rs 1,794.60 | Rs 1,535.03 |
July | Rs 1,818.51 | Rs 1,553.86 |
August | Rs 1,842.00 | Rs 1,570.00 |
September | Rs 1,869.42 | Rs 1,588.76 |
October | Rs 1,894.12 | Rs 1,605.74 |
November | Rs 1,920.22 | Rs 1,620.90 |
December | Rs 1,947.00 | Rs 1,637.91 |
(This prediction is based upon our understanding of the history of the above stock and its prospects, an investor is advised to seek expert advice before making any investment-related commitment
Varun Beverages Share Price Target 2026 to Varun Beverages share price target 2030
Year | Maximum Target | Minimum Target |
---|---|---|
2026 | Rs 2,285.22 | Rs 1,650.70 |
2027 | Rs 2,555.08 | Rs 1,835.87 |
2028 | Rs 2,892.13 | Rs 1,990.85 |
2029 | Rs 3,150.00 | Rs 2,144.80 |
2030 | Rs 3,500.05 | Rs 2,286.95 |
(This prediction is based upon our understanding seeing the history of the above stock, expert advice is critical before making any investment-related commitment
VBL: NSE Financials 2023
Varun Beverages Market Capitalisation: 181,732.75 Crores INR
Varun Beverages Reserves and Borrowings: 6,425.85 Cr INR and 3,010.55 Cr INR (March 2023) Respectively
Varun Beverages 52 Week High-Low: Rs 1,561.00 – Rs 667.50
Revenue | 160.43 Billion INR | 21.78% YOY |
Operating expense | 55.35 Billion INR | 19.70% YOY |
Net Income | 20.56 Billion INR | 37.30% YOY |
Net Profit Margin | 12.82 | 12.75% YOY |
Earnings Per Share | 15.82 | 37.27% |
EBITDA | 37.47 Billion INR | 32.54% |
Effective Tax Rate | 23.27% | |
Total Assets | 151.87 Billion INR | 30.72% YOY |
Total Liabilities | 81.03 Billion INR | 26.55% YOY |
Total Equity | 70.85 Billion INR | |
Return on assets | 14.47% | |
Return on Capital | 17.94% | |
P/E Ratio | 88.43 | |
Dividend Yield | 0.12% |
Varun Beverages Ltd Shareholding Pattern
- Promoters: 63.09%
- FII: 26.58%
- DII: 3.58%
- Public: 6.74%
Varun Beverages Ltd Competitors (Market Cap: 181,732.75 crores INR
- Manpasand Bever Market Cap: 70.28 crores INR
- Orient Beverage Market Cap: 65.87 crores INR
Points to consider before investing in Varun Beverages Stock
Varun is an arm of the company that manufactures bottles for the American giant Pepsico. It is important for investors to understand how Varun will impact the business and the growth of the company in India. Recently, Varun was able to close a deal with the company to produce and package ”Cheetos” in Morocco. The company plans to invest Rs 100 crore in order to construct a manufacturing facility to produce ‘Cheetos’ in addition to the existing portfolio of ‘Lays’, ‘Cheetos’, and ‘Doritos’ in the country’s territory.
The company’s net profit increased by 76% year-on-year (Y-o-year) to Rs 144 crore in the fourth-quarter of fiscal year 2024, while its revenue grew at a healthy 20.5% Y-o-Y, driven by volume growth in both domestic and overseas markets.
Conclusion
The share price of VBL Beverages has been steadily increasing since it was listed on the NSE in November 2016. Since then, it has risen by a huge margin of more than 2,500%, reaching its highest point in 2024 at Rs 1.561 per share. Since April 5, 2019, investors have seen a return of more than 1,000% on their investments in the VBL Beverages Company’s stock. This is due to the stable growth of the company’s financials and the existing infrastructure that allows it to expand its business beyond the domestic market. This has been supported by the steady performance of the stock on the NSE.However, it is important to be a responsible investor as there are many risks associated with it. Therefore, it is essential to always seek professional advice before making any investment-related decision on the stock market and this is what India Property Dekho recommends.
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