- Total income
- ₹20,204 Cr
- Profit
- ₹2,595 Cr
About Varun Beverages
Varun Beverages is a publicly listed company based in Gurugram (India) founded in 1995 by Ravi Kant Jaipuria. Varun Beverages has raised $133 million across 5 funding rounds from investors including Standard Chartered and AION Partners. The company has 12,570 employees. Varun Beverages has completed 3 acquisitions, including SBC Beverages Ghana, Sbc Tanzania and The Beverage Company. Its website varunbeverages.com draws about 34 thousand monthly visits. Its Indian entity Varun Beverages Limited reported revenue of βΉ12,779 Cr. Its focus areas include Food and Agriculture, Food Processing, Contract Manufacturers and Beverages.
Company details
Brand of beverage products. The company also manufactures, bottles, and distributes beverages. Its products includes non-carbonated beverages, fruit juices, sports drinks, energy drinks, and bottled water.
Varun Beverages is ranked #143 on the Fortune India 500 (2025).
Recognitions & Rankings of Varun Beverages
- Valuation
- ₹2,16,890 Cr
- Headquarters Gurugram, India
- Employees 12,570
- Founders Ravi Kant Jaipuria
- Stage Public
- SectorsConsumer
- Website category Finance · Investing
- Phoneβ’β’β’β’ β’β’β’β’
- Website varunbeverages.com
- Social LinkedIn
- Legal Name Varun Beverages Ltd.
- Market Cap₹1,38,141 Cr
VBL · NSE
- Share Price₹400.80
-1.86% today
- Revenue₹21,685 Cr
Dec 2025 · +8.4% YoY
- EBITDA₹5,070 Cr
Margin 23.4%
- Net Profit₹2,933 Cr
Dec 2025 · +10.6% YoY
- P/E (TTM)42.0x
P/B 7.3x
- ROE16.9%
ROCE 20.1%
- Debt / Equity0.15
Interest cover 5.1x
- Total Equity Funding$133M (USD)
in 5 rounds
- Latest Funding Round$125.09M (USD), Post-IPO
Sep 2019
- InvestorsStandard Chartered
& 1 more
- Employee Count12,570
- Investments & AcquisitionsSBC Beverages Ghana
& 2 more
Associated legal entities of Varun Beverages
Varun Beverages operates through Varun Beverages Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Varun Beverages Limited Listed CIN L74899DL1995PLC069839 | Active | 16 Jun 1995 | New Delhi, Delhi | ₹12,779 Cr | 8,184 | 12 | View details |
Funding Insights of Varun Beverages
Varun Beverages has successfully raised a total of $133M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $125.09 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $133M
- Total Rounds 5
- Last Round Post-IPO β $125.09M
- First Round $56M
(Jul 2011)
- Investors Count 2
All 5 funding rounds of Varun Beverages with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $125.09M | Post-IPO | β | β | β |
| Oct 2015 | $45M | Series D | β | AION Partners | β |
| Oct 2015 | $45M | Debt – Conventional | β | β | |
| Oct 2012 | $32M | Series C | β | β | |
| Jul 2011 | $56M | Series C | β | β |
2 investors in total: 2 institutional.
Investors in Varun Beverages
Varun Beverages has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Standard Chartered and AION Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Real estate investments are managed via multiple strategies. | 2009 | aionpartners.com | New York, United States | |
Corporate, investment, wealth, and retail banking services are provided globally. | 1953 | sc.com | London, United Kingdom |
Investor details for Varun Beverages
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Varun Beverages Limited (Varun Beverages)
Varun Beverages Limited is the primary company behind Varun Beverages. The board of Varun Beverages Limited currently have 10 directors; the longest-serving is Ravi Kant Jaipuria, appointed in 1995. 22 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Kant Jaipuria DIN 00003668 | Director | 16 Jun 1995 | 31 yrs 4 mo | Varun Beverages Limited |
| Raj Pal Gandhi DIN 00003649 | Whole-time director | 21 Oct 2004 | 22 yrs | Varun Beverages Limited |
| Varun Jaipuria DIN 02465412 | Whole-time director | 01 Jan 2009 | 17 yrs 9 mo | Varun Beverages Limited |
| Sita Khosla DIN 01001803 | Director | 16 Feb 2018 | 8 yrs 8 mo | Varun Beverages Limited |
| Rashmi Dhariwal DIN 00337814 | Director | 19 Mar 2018 | 8 yrs 7 mo | Varun Beverages Limited |
| Ravi Gupta DIN 00023487 | Director | 19 Mar 2018 | 8 yrs 7 mo | Varun Beverages Limited |
| Rajinder Jeet Singh Bagga DIN 08440479 | Whole-time director | 02 May 2019 | 7 yrs 5 mo | Varun Beverages Limited |
| Anil Kumar Sondhi DIN 00696535 | Director | 02 May 2023 | 3 yrs 5 mo | Varun Beverages Limited |
| Abhiram Seth DIN 00176144 | Director | 02 May 2023 | 3 yrs 5 mo | Varun Beverages Limited |
| Naresh Trehan DIN 00012148 | Director | 21 Apr 2024 | 2 yrs 6 mo | Varun Beverages Limited |
People of Varun Beverages
161 people are tracked at Varun Beverages (38 in leadership, 5 in board & advisors, 118 in team); the tracked headcount is 12,570.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Sunil Choudhari | Head Of HR | Leadership |
Darvesh Kumar | Deputy General Manager Human Resources | Leadership |
Reetika Malik | Deputy General Manager- HR | Leadership |
Jiten Joshi | Head Of Security | Leadership |
Asharam Verma | General Manager-technical | Leadership |
Dharampal Singh Bais | Vice President - South India & Sri Lanka - MEM & Sales Productivity | Leadership |
| Managing Director | Leadership | |
Prabhat Mani Pandey | Vice President - Corporate HR & IR | Leadership |
Santpal Kashyap | VP Sales & Marketing | Leadership |
Chadha Kamal | Sr. Vice President Sales & Marketing In Varun Beverages Ltd . | Leadership |
Manish Arora | Head Of Sales, Bangalore Unit | Leadership |
Nidhika A. | Head Sales Training & Capability Development | Leadership |
Dulanee Tampoe Weerackody | General Manager - Marketing, Corporate Sales & Key Accounts | Leadership |
Sanjeev Gera | Vice President - Technical | Leadership |
Saurabh Kapoor | GM & Cluster HR Head | Leadership |
Arpita Sharma | Group Head Of Talent Acquisiton - Vbl, Dfil, RJ Corp Retail And VBL Africa | Leadership |
Rajesh Chawla | Chief Financial Officer | Leadership |
Ravi Verma | Head Of Sales | Leadership |
Prasenjit Sengupta | Head Of Sales | Leadership |
141 more people are available in the full profile.
Complete people profiles for Varun Beverages
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Varun Beverages
Varun Beverages is a publicly listed company on the NSE with ticker symbol VBL in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Nov 2016
- Listed onNSE: VBL · BSE: 540180
- Listed entityVarun Beverages Ltd.
- Exchange sectorConsumer non-durables
- ISININE200M01039
- Share price₹440.70 (-0.29% on the day) · 2026-10-14
- Market capitalisation₹149,405 Cr
- Price to earnings44.0
- EPS (diluted, trailing year)₹10.01
- Dividend yield0.35%
- Volume (last session)1,295,405
Financials of Varun Beverages
Exchange-reported figures of Varun Beverages Limited, the listed company behind Varun Beverages (NSE: VBL).
Financial Highlights
Dec 2025 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 21,685 | 20,008 | 16,043 | 13,173 | 8,823 | 7,555 | 8,512 |
| Revenue growth | +8.4% | +24.7% | +21.8% | +49.3% | +16.8% | -11.3% | - |
| EBITDA | 5,070 | 4,742 | 3,632 | 2,806 | 1,677 | 1,148 | 1,462 |
| EBITDA margin | +23.4% | +23.7% | +22.6% | +21.3% | +19.0% | +15.2% | +17.2% |
| Profit before tax | 4,010 | 3,433 | 2,739 | 2,024 | 1,007 | 362 | 696 |
| Net profit | 2,933 | 2,651 | 2,120 | 1,541 | 707 | 388 | 468 |
| Net profit margin | +13.5% | +13.3% | +13.2% | +11.7% | +8.0% | +5.1% | +5.5% |
| EPS (βΉ) | 8.98 | 7.67 | 15.82 | 23.05 | 16.03 | 11.40 | 16.24 |
| Balance sheet | |||||||
| Cash flow | |||||||
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,451 | 6,574 | 4,204 | 4,897 | 7,017 | 5,567 | 3,689 | 4,805 |
| Revenue growth (YoY) | +20.4% | +18.1% | +14.0% | +1.9% | -2.5% | - | - | - |
| Other income | 104 | 43.53 | 99.11 | 148 | 77.16 | 28.06 | 44.64 | 24.25 |
| EBITDA | 2,339 | 1,525 | 637 | 1,146 | 1,998 | 1,263 | 579 | 1,151 |
| EBITDA margin | +27.7% | +23.2% | +15.1% | +23.4% | +28.5% | +22.7% | +15.7% | +24.0% |
| Depreciation | 409 | 357 | 330 | 308 | 306 | 273 | 261 | 257 |
| Interest | 56.92 | 48.53 | 46.69 | 45.21 | 36.55 | 41.12 | 109 | 119 |
| Profit before tax | 1,977 | 1,163 | 359 | 941 | 1,732 | 978 | 254 | 800 |
| Tax | 452 | 284 | 98.88 | 196 | 407 | 246 | 58.50 | 171 |
| Net profit | 1,525 | 879 | 260 | 745 | 1,325 | 731 | 196 | 629 |
| EPS (βΉ) | 4.50 | 2.58 | 0.74 | 2.19 | 3.89 | 2.15 | 0.56 | 1.91 |
| Metrics | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14,557 | 14,349 | 12,633 | 10,596 | 6,596 | 4,876 | 5,616 |
| Revenue growth | +1.5% | +13.6% | +19.2% | +60.7% | +35.3% | -13.2% | - |
| EBITDA | 3,765 | 3,688 | 2,985 | 2,180 | 1,180 | 793 | 1,205 |
| EBITDA margin | +25.9% | +25.7% | +23.6% | +20.6% | +17.9% | +16.3% | +21.5% |
| Profit before tax | 3,543 | 3,070 | 2,368 | 1,685 | 682 | 203 | 634 |
| Net profit | 2,573 | 2,376 | 1,832 | 1,303 | 505 | 284 | 445 |
| Net profit margin | +17.7% | +16.6% | +14.5% | +12.3% | +7.7% | +5.8% | +7.9% |
| EPS (βΉ) | 7.91 | 6.86 | 13.66 | 19.56 | 11.30 | 7.84 | 15.54 |
| Balance sheet | |||||||
| Cash flow | |||||||
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,996 | 4,501 | 2,135 | 3,064 | 5,305 | 4,053 | 2,014 | 3,087 |
| Revenue growth (YoY) | +13.0% | +11.1% | +6.0% | -0.7% | -8.6% | - | - | - |
| Other income | 104 | 74.32 | 214 | 150 | 90.01 | 59.80 | 154 | 100 |
| Total expenses | 4,118 | 3,328 | 1,810 | 2,277 | 3,664 | 3,042 | 1,691 | 2,286 |
| EBITDA | 1,878 | 1,172 | 325 | 787 | 1,641 | 1,010 | 323 | 801 |
| EBITDA margin | +31.3% | +26.0% | +15.2% | +25.7% | +30.9% | +24.9% | +16.0% | +25.9% |
| Depreciation | 224 | 199 | 185 | 172 | 180 | 165 | 154 | 157 |
| Interest | 3.94 | 4.26 | 12.82 | 7.94 | 3.69 | 7.80 | 63.89 | 98.64 |
| Profit before tax | 1,755 | 1,043 | 342 | 757 | 1,548 | 897 | 259 | 645 |
| Tax | 431 | 256 | 80.69 | 179 | 388 | 219 | 50.19 | 153 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,451 | 6,574 | 4,204 | 4,897 | 7,017 | 5,567 | 3,689 | 4,805 |
| Revenue growth (YoY) | +20.4% | +18.1% | +14.0% | +1.9% | -2.5% | - | - | - |
| Other income | 104 | 43.53 | 99.11 | 148 | 77.16 | 28.06 | 44.64 | 24.25 |
| EBITDA | 2,339 | 1,525 | 637 | 1,146 | 1,998 | 1,263 | 579 | 1,151 |
| EBITDA margin | +27.7% | +23.2% | +15.1% | +23.4% | +28.5% | +22.7% | +15.7% | +24.0% |
| Depreciation | 409 | 357 | 330 | 308 | 306 | 273 | 261 | 257 |
| Interest | 56.92 | 48.53 | 46.69 | 45.21 | 36.55 | 41.12 | 109 | 119 |
| Profit before tax | 1,977 | 1,163 | 359 | 941 | 1,732 | 978 | 254 | 800 |
| Tax | 452 | 284 | 98.88 | 196 | 407 | 246 | 58.50 | 171 |
| Net profit | 1,525 | 879 | 260 | 745 | 1,325 | 731 | 196 | 629 |
| EPS (βΉ) | 4.50 | 2.58 | 0.74 | 2.19 | 3.89 | 2.15 | 0.56 | 1.91 |
| Particulars | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 21,685 | 20,008 | 16,043 | 13,173 | 8,823 | 7,555 | 8,512 |
| Revenue growth | +8.4% | +24.7% | +21.8% | +49.3% | +16.8% | -11.3% | - |
| Other income | 352 | 121 | 79.36 | 38.85 | 67.93 | 36.97 | 46.89 |
| Total expenses | 16,616 | 15,266 | 12,410 | 10,367 | 7,146 | 6,407 | 7,050 |
| Employee cost | 2,201 | 1,885 | 1,447 | 1,217 | 1,008 | 890 | 811 |
| EBITDA | 5,070 | 4,742 | 3,632 | 2,806 | 1,677 | 1,148 | 1,462 |
| EBITDA margin | +23.4% | +23.7% | +22.6% | +21.3% | +19.0% | +15.2% | +17.2% |
| Depreciation | 1,216 | 947 | 681 | 617 | 531 | 529 | 489 |
| Interest | 196 | 483 | 292 | 204 | 207 | 294 | 324 |
| Profit before tax | 4,010 | 3,433 | 2,739 | 2,024 | 1,007 | 362 | 696 |
| Tax | 948 | 799 | 638 | 474 | 261 | 5.23 | 224 |
| Net profit | 2,933 | 2,651 | 2,120 | 1,541 | 707 | 388 | 468 |
| Net profit margin | +13.5% | +13.3% | +13.2% | +11.7% | +8.0% | +5.1% | +5.5% |
| EPS (βΉ) | 8.98 | 7.67 | 15.82 | 23.05 | 16.03 | 11.40 | 16.24 |
| Particulars | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.4% | +24.7% | +21.8% | +49.3% | +16.8% | -11.3% | - |
| EBITDA growth | +6.9% | +30.6% | +29.5% | +67.3% | +46.1% | -21.5% | - |
| PBT growth | +16.8% | +25.3% | +35.4% | +101.0% | +177.7% | -47.9% | +60.5% |
| Net income growth | +10.6% | +25.1% | +37.6% | +118.0% | +82.2% | -17.0% | - |
| Revenue CAGR (3Y) | +18.1% | +31.4% | +28.5% | +15.7% | +13.4% | +23.6% | +30.2% |
| EBITDA CAGR (3Y) | +21.8% | +41.4% | +46.8% | +24.3% | +18.2% | +11.1% | +22.4% |
| Profitability & leverage | |||||||
| Net income margin | +14.1% | +13.2% | +13.1% | +11.8% | +8.5% | +4.7% | +5.6% |
| Return on capital employed | +20.1% | +24.3% | +27.8% | +26.4% | +16.6% | +10.4% | +17.3% |
| Return on net worth | +16.9% | +22.4% | +34.9% | +33.8% | +19.6% | +12.2% | +17.7% |
| Debt / equity | 0.15 | 0.35 | 0.77 | 0.79 | 0.87 | 0.97 | 1.17 |
| Long-term debt / equity | 0.06 | 0.19 | 0.44 | 0.41 | 0.50 | 0.63 | 0.81 |
| Interest cover | 5.09 | 12.72 | 9.88 | 9.32 | 18.07 | 47.43 | 33.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.05 | 1.31 | 1.43 | 1.35 | 0.97 | 0.86 | 1.16 |
| Inventory turnover | 7.74 | 8.29 | 7.88 | 7.78 | 7.54 | 8.46 | 11.82 |
| Debtors turnover | 21.22 | 33.99 | 49.55 | 51.44 | 38.69 | 36.97 | 57.43 |
| EPS (βΉ) | 8.98 | 7.67 | 15.82 | 23.05 | 16.03 | 11.40 | 16.24 |
| Dividend per share (βΉ) | 1.50 | 1.00 | 2.50 | 3.50 | 2.50 | 2.50 | 2.50 |
| Book value per share (βΉ) | 57.89 | 49.12 | 53.39 | 78.55 | 94.22 | 122.07 | 115.29 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,996 | 4,501 | 2,135 | 3,064 | 5,305 | 4,053 | 2,014 | 3,087 |
| Revenue growth (YoY) | +13.0% | +11.1% | +6.0% | -0.7% | -8.6% | - | - | - |
| Other income | 104 | 74.32 | 214 | 150 | 90.01 | 59.80 | 154 | 100 |
| Total expenses | 4,118 | 3,328 | 1,810 | 2,277 | 3,664 | 3,042 | 1,691 | 2,286 |
| EBITDA | 1,878 | 1,172 | 325 | 787 | 1,641 | 1,010 | 323 | 801 |
| EBITDA margin | +31.3% | +26.0% | +15.2% | +25.7% | +30.9% | +24.9% | +16.0% | +25.9% |
| Depreciation | 224 | 199 | 185 | 172 | 180 | 165 | 154 | 157 |
| Interest | 3.94 | 4.26 | 12.82 | 7.94 | 3.69 | 7.80 | 63.89 | 98.64 |
| Profit before tax | 1,755 | 1,043 | 342 | 757 | 1,548 | 897 | 259 | 645 |
| Tax | 431 | 256 | 80.69 | 179 | 388 | 219 | 50.19 | 153 |
| Particulars | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 14,557 | 14,349 | 12,633 | 10,596 | 6,596 | 4,876 | 5,616 |
| Revenue growth | +1.5% | +13.6% | +19.2% | +60.7% | +35.3% | -13.2% | - |
| Other income | 514 | 354 | 146 | 144 | 57.30 | 71.99 | 98.01 |
| Total expenses | 10,792 | 10,661 | 9,648 | 8,416 | 5,415 | 4,083 | 4,411 |
| Employee cost | 1,260 | 1,178 | 1,037 | 920 | 741 | 695 | 631 |
| EBITDA | 3,765 | 3,688 | 2,985 | 2,180 | 1,180 | 793 | 1,205 |
| EBITDA margin | +25.9% | +25.7% | +23.6% | +20.6% | +17.9% | +16.3% | +21.5% |
| Depreciation | 702 | 618 | 518 | 483 | 400 | 413 | 387 |
| Interest | 33.22 | 354 | 244 | 156 | 156 | 250 | 282 |
| Profit before tax | 3,543 | 3,070 | 2,368 | 1,685 | 682 | 203 | 634 |
| Tax | 867 | 750 | 593 | 414 | 192 | (23.75) | 186 |
| Net profit | 2,573 | 2,376 | 1,832 | 1,303 | 505 | 284 | 445 |
| Net profit margin | +17.7% | +16.6% | +14.5% | +12.3% | +7.7% | +5.8% | +7.9% |
| EPS (βΉ) | 7.91 | 6.86 | 13.66 | 19.56 | 11.30 | 7.84 | 15.54 |
| Particulars | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +1.5% | +13.6% | +19.2% | +60.7% | +35.3% | -13.2% | - |
| EBITDA growth | +2.1% | +23.5% | +36.9% | +84.7% | +48.8% | -34.2% | - |
| PBT growth | +15.4% | +29.6% | +40.6% | +147.2% | +236.3% | -68.1% | +37.0% |
| Net income growth | +8.3% | +29.7% | +40.6% | +158.3% | +77.9% | -36.3% | - |
| Revenue CAGR (3Y) | +11.2% | +29.6% | +37.3% | +23.6% | +19.5% | +16.8% | +23.5% |
| EBITDA CAGR (3Y) | +20.0% | +46.2% | +55.5% | +21.9% | +11.0% | +3.2% | +19.7% |
| Profitability & leverage | |||||||
| Net income margin | +18.4% | +16.2% | +14.1% | +12.0% | +7.4% | +4.6% | +8.0% |
| Return on capital employed | +19.4% | +23.0% | +24.3% | +21.5% | +11.1% | +7.2% | +14.7% |
| Return on net worth | +15.2% | +19.6% | +28.2% | +25.6% | +11.6% | +7.2% | +13.9% |
| Debt / equity | 0.04 | 0.24 | 0.67 | 0.68 | 0.74 | 0.79 | 0.89 |
| Long-term debt / equity | 0.01 | 0.14 | 0.39 | 0.35 | 0.44 | 0.54 | 0.64 |
| Interest cover | 1.08 | 11.52 | 9.91 | 9.20 | 20.03 | 65.67 | 34.43 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.03 | 1.25 | 1.35 | 1.33 | 0.90 | 0.67 | 0.94 |
| Inventory turnover | 8.70 | 8.90 | 8.53 | 8.50 | 7.56 | 7.21 | 10.29 |
| Debtors turnover | 62.48 | 69.54 | 69.57 | 75.07 | 43.59 | 32.40 | 42.38 |
| EPS (βΉ) | 7.91 | 6.86 | 13.66 | 19.56 | 11.30 | 7.84 | 15.54 |
| Dividend per share (βΉ) | 1.50 | 1.00 | 2.50 | 3.50 | 2.50 | 2.50 | 2.50 |
| Book value per share (βΉ) | 55.48 | 48.97 | 54.46 | 84.94 | 101.58 | 138.97 | 133.95 |
Investments & Acquisitions by Varun Beverages
Varun Beverages has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include SBC Beverages Ghana, Sbc Tanzania and The Beverage Company.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Beverages including Pepsi Cola brands are manufactured and distributed. | sbctanzania.co.tz | 2001 | Nov 2024 | $154.5M | ||
Beverage processing services are provided by SBC Beverages Ghana. | sbcbeveragesghana.tcc.mode | 0 | Nov 2024 | $15.06M | ||
Beverage products are produced and distributed in South Africa. | thebeveragecompany.co.za | Johannesburg, South Africa | 2016 | Dec 2023 | $158.89M |
Complete acquisition details for Varun Beverages
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Varun Beverages
7 dated milestones of Varun Beverages across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Varun Beverages is founded.
- Funding First funding round of $56.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $125.1M.
- Acquisition Acquires The Beverage Company.
- Acquisition Acquires SBC Beverages Ghana.
- Acquisition Acquires Sbc Tanzania.
Web traffic of Varun Beverages
The website of Varun Beverages (varunbeverages.com) receives about 33.5K visits a month and ranks #649,042 among all websites worldwide, #6,383 in Investing.
- Monthly visits33.5K
▼ 38.1% vs previous month
- Unique visitors23.9K
per month
- Global rank#649,042
among all websites
- Category rank#6,383
Finance · Investing
- Bounce rate42%
- Pages per visit2.0
- Average visit40 sec
- DevicesDesktop 25% Β· Mobile 75%
Websites whose visitors overlap most with Varun Beverages. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
screener.in | screener.in | 100% | #1,968 | β | |
| groww.in | 96% | 60M | #754 | View details | |
| bseindia.com | 91% | 10.6M | View details | ||
tradebrains.in | tradebrains.in | 91% | #17,984 | β | |
ndtvprofit.com | ndtvprofit.com | 86% | #19,347 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 19 similar websites and full traffic analytics for Varun Beverages
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- 19 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Varun Beverages
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Frequently Asked Questions about Varun Beverages
Varun Beverages was founded in 1995 and raised its 1st funding round 16 years after it was founded.
Varun Beverages is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Varun Beverages is a funded company, having raised a total of $133M across 5 funding rounds to date. The company's 1st funding round was a Series C of $56M, raised on Jul 2011.
Varun Beverages has 12,570 employees.
The primary company behind Varun Beverages, Varun Beverages Limited, reported revenue of βΉ12,779 Cr for FY 2023, up 22% year on year.
Brand of beverage products. The company also manufactures, bottles, and distributes beverages. Its products includes non-carbonated beverages, fruit juices, sports drinks, energy drinks, and bottled water.
Yes, Varun Beverages is publicly traded on NSE under the ticker symbol VBL.
Varun Beverages has made 3 acquisitions, including SBC Beverages Ghana, Sbc Tanzania, and The Beverage Company.
Varun Beverages has 2 investors. Key investors include Standard Chartered, and AION Partners.
Varun Beverages operates through Varun Beverages Limited.
The legal entities of Varun Beverages currently have 12 directors, including Naresh Trehan, Sita Khosla, Rashmi Dhariwal and others.

