Varun Beverages shares rise 2.02% in today's trading
Varun Beverages shares gained 2.02% to trade at Rs 472.25 on Wednesday. The stock is a constituent of the NIFTY NEXT 50 index.
Financial Snapshot:
The following tables provide an overview of Varun Beverages' key financial data.
Quarterly Results (Consolidated):
Here's a look at the consolidated quarterly results:
HeadingJun 2024Sep 2024Dec 2024Mar 2025
Jun 2025RevenueRs 7,196.86 CroreRs 4,804.68 CroreRs 3,688.79 CroreRs 5,566.94 Crore
Rs 7,017.37 CroreNet ProfitRs 1,262.37 CroreRs 628.92 CroreRs 196.33 CroreRs 731.94 Crore
Rs 1,326.68 CroreEPS9.641.910.562.15
3.89
The revenue for the quarter-ending June 2025 stood at Rs 7,017.37 Crore, while in the previous quarter-ending March 2025, the revenue was Rs 5,566.94 Crore. The net profit for the quarter-ending June 2025 was Rs 1,326.68 Crore compared to Rs 731.94 Crore in the quarter-ending March 2025.
Annual Results (Consolidated):
Here's a summary of the consolidated annual results:
Heading2020202120222023
2024RevenueRs 6,450.14 CroreRs 8,823.23 CroreRs 13,173.14 CroreRs 16,042.58 Crore
Rs 20,007.65 CroreNet ProfitRs 423.80 CroreRs 746.05 CroreRs 1,550.12 CroreRs 2,102.29 Crore
Rs 2,635.76 CroreEPS11.4016.0323.0515.83
7.95BVPS124.3196.9180.2954.53
49.12ROE9.3317.0129.3429.64
15.62Debt to Equity0.760.600.720.75
0.14
The revenue for the year 2024 was Rs 20,007.65 Crore, an increase compared to the revenue of Rs 16,042.58 Crore in 2023. The net profit for the year 2024 was Rs 2,635.76 Crore, up from Rs 2,102.29 Crore in 2023.
Income Statement (Annual):
Dec 2024Dec 2023Dec 2022Dec 2021
Dec 2020SalesRs 20,007 CroreRs 16,042 CroreRs 13,173 CroreRs 8,823 Crore
Rs 6,450 CroreOther IncomeRs 121 CroreRs 79 CroreRs 38 CroreRs 67 Crore
Rs 36 CroreTotal IncomeRs 20,128 CroreRs 16,121 CroreRs 13,211 CroreRs 8,891 Crore
Rs 6,487 CroreTotal ExpenditureRs 16,243 CroreRs 13,114 CroreRs 11,002 CroreRs 7,699 Crore
Rs 5,776 CroreEBITRs 3,884 CroreRs 3,007 CroreRs 2,209 CroreRs 1,191 Crore
Rs 710 CroreInterestRs 450 CroreRs 268 CroreRs 186 CroreRs 184 Crore
Rs 281 CroreTaxRs 798 CroreRs 637 CroreRs 473 CroreRs 260 Crore
Rs 5 CroreNet ProfitRs 2,635 CroreRs 2,102 CroreRs 1,550 CroreRs 746 Crore
Rs 423 Crore
Income Statement (Quarterly):
Jun 2025Mar 2025Dec 2024Sep 2024
Jun 2024SalesRs 7,017 CroreRs 5,566 CroreRs 3,688 CroreRs 4,804 Crore
Rs 7,196 CroreOther IncomeRs 77 CroreRs 28 CroreRs 44 CroreRs 24 Crore
Rs 44 CroreTotal IncomeRs 7,094 CroreRs 5,595 CroreRs 3,733 CroreRs 4,828 Crore
Rs 7,240 CroreTotal ExpenditureRs 5,324 CroreRs 4,575 CroreRs 3,369 CroreRs 3,910 Crore
Rs 5,448 CroreEBITRs 1,769 CroreRs 1,019 CroreRs 363 CroreRs 918 Crore
Rs 1,792 CroreInterestRs 36 CroreRs 41 CroreRs 109 CroreRs 118 Crore
Rs 129 CroreTaxRs 406 CroreRs 246 CroreRs 58 CroreRs 171 Crore
Rs 401 CroreNet ProfitRs 1,326 CroreRs 731 CroreRs 196 CroreRs 628 Crore
Rs 1,262 Crore
Cash Flow:
Dec 2024Dec 2023Dec 2022Dec 2021
Dec 2020Operating ActivitiesRs 3,381 CroreRs 2,390 CroreRs 1,790 CroreRs 1,231 Crore
Rs 1,011 CroreInvesting ActivitiesRs -4,316 CroreRs -3,289 CroreRs -1,704 CroreRs -1,010 Crore
Rs -471 CroreFinancing ActivitiesRs 2,953 CroreRs 984 CroreRs -17 CroreRs -177 Crore
Rs -573 CroreOthersRs 6 CroreRs 2 CroreRs -63 CroreRs 3 Crore
Rs 0 CroreNet Cash FlowRs 2,024 CroreRs 87 CroreRs 3 CroreRs 46 Crore
Rs -33 Crore
Balance Sheet:
Dec 2024Dec 2023Dec 2022Dec 2021
Dec 2020Share CapitalRs 676 CroreRs 649 CroreRs 649 CroreRs 433 Crore
Rs 288 CroreReserves & SurplusRs 15,933 CroreRs 6,286 CroreRs 4,452 CroreRs 3,646 Crore
Rs 3,235 CroreCurrent LiabilitiesRs 4,524 CroreRs 4,153 CroreRs 3,968 CroreRs 3,020 Crore
Rs 2,434 CroreOther LiabilitiesRs 2,009 CroreRs 4,097 CroreRs 2,547 CroreRs 2,481 Crore
Rs 2,499 CroreTotal LiabilitiesRs 23,143 CroreRs 15,187 CroreRs 11,618 CroreRs 9,581 Crore
Rs 8,458 CroreFixed AssetsRs 14,267 CroreRs 10,307 CroreRs 7,514 CroreRs 6,783 Crore
Rs 6,451 CroreCurrent AssetsRs 7,863 CroreRs 4,235 CroreRs 3,404 CroreRs 2,546 Crore
Rs 1,799 CroreOther AssetsRs 1,012 CroreRs 644 CroreRs 699 CroreRs 252 Crore
Rs 207 CroreTotal AssetsRs 23,143 CroreRs 15,187 CroreRs 11,618 CroreRs 9,581 Crore
Rs 8,458 CroreContingent LiabilitiesRs 2,993 CroreRs 3,298 CroreRs 1,910 CroreRs 785 Crore
Rs 461 Crore
Key Financial Ratios:
RatioDec 2024Dec 2023Dec 2022Dec 2021
Dec 2020Basic EPS (Rs.)7.9515.8323.0516.03
11.40Diluted Eps (Rs.)7.9415.8223.0516.03
11.40Book Value /Share (Rs.)49.1254.5380.2996.91
124.31Dividend/Share (Rs.)1.002.503.502.50
2.50Face Value251010
10Gross Profit Margin (%)24.1522.9921.4519.52
19.20Operating Margin (%)19.4118.7416.7713.50
11.00Net Profit Margin (%)13.1713.1011.768.45
6.57Return on Equity (%)15.6229.6429.3417.01
9.33ROCE (%)20.8627.2628.8818.15
11.78Return On Assets (%)11.2113.5312.887.24
3.88Current Ratio (X)1.741.020.860.84
0.74Quick Ratio (X)1.120.500.360.36
0.36Debt to Equity (x)0.140.750.720.60
0.76Interest Coverage Ratios (X)10.7313.7615.199.33
2.53Asset Turnover Ratio (%)1.041.201.240.75
76.25Inventory Turnover Ratio (X)3.363.393.733.09
6.943 Yr CAGR Sales (%)50.5957.7135.9331.46
26.933 Yr CAGR Net Profit (%)87.96122.7282.0358.53
41.15P/E (x)0.000.000.000.00
0.00P/B (x)13.0023.1616.849.41
7.50EV/EBITDA (x)44.6944.8831.6323.58
23.41P/S (x)10.7910.016.524.35
4.10
Corporate Actions:
- Change in Management: On September 16, 2025, Varun Beverages announced a change in Senior Management Personnel.
- Analyst/Investor Meet: Representatives of the company participated in a meeting with a group of investors, as announced on September 16, 2025.
Dividends:
- August 1, 2025: Interim dividend of Rs 0.50 per share (25%).
- May 7, 2025: Interim dividend of Rs 0.50 per share (25%).
- April 4, 2025: Final dividend of Rs 0.50 per share (25%).
Bonus History:
- June 6, 2022: Bonus issue with a ratio of 1:2.
- June 10, 2021: Bonus issue with a ratio of 1:2.
- July 25, 2019: Bonus issue with a ratio of 1:2.
Stock Splits:
- September 12, 2024: Stock split with old face value of Rs 5 and new face value of Rs 2.
- June 15, 2023: Stock split with old face value of Rs 10 and new face value of Rs 5.
Varun Beverages is currently trading positively; it is a part of the Nifty Next 50 index.