NSE · VBL
Varun Beverages Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
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 2026-09-30
- Promoter59.43%
- Public6.7%
- FII17.53%
- DII16.34%
8,37,179 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
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 114 by market cap · medians across 49 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Varun Beverages Limited(this company) | ₹1,33,642 Cr | 39.47 | 6.79 | 15.51% | 13.68% |
| Hatsun Agro Product Ltd. | ₹22,295 Cr | 64 | 12.21 | 17.97% | 3.62% |
| Milky Mist Dairy Food Limited | ₹20,920 Cr | 166.72 | 9.01 | 27.43% | 6.54% |
| Zydus Wellness Limited | ₹14,742 Cr | 66.57 | 2.52 | 3.98% | 4.17% |
| LT Foods Limited | ₹13,190 Cr | 20.6 | 2.92 | 13.83% | 5.5% |
| Godrej Agrovet Limited | ₹11,689 Cr | 24.91 | 5.75 | 23.27% | 4.27% |
| Bikaji Foods International Ltd. | ₹11,603 Cr | 44.37 | 7.22 | 16.07% | 8.57% |
| Manorama Industries Ltd. | ₹11,145 Cr | 43.15 | 9.41 | 32.97% | 17.44% |
| Avanti Feeds Limited | ₹9,206 Cr | 17.08 | 2.8 | 18.44% | 8.35% |
| KRBL Limited | ₹7,996 Cr | 10.54 | 1.38 | 11.16% | 12.62% |
AI analysis
AI-generated · google/gemini-2.5-flashVarun 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: 2026-10-26 · financials: Jun 26 · shareholding: Sep 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.