Varun Beverages Limited

BSE: 540180 NSE: VBL
Varun Beverages Limited - food and beverages in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN L74899DL1995PLC069839 Incorporated 16 June 1995 ROC Delhi HQ New Delhi, Delhi, India
Active Listed - NSE: VBL · BSE: 540180 Public Limited Company food and beverages Fortune India 500 · #143 Nifty 500
Data last updated
Market Cap
₹1,38,057 Cr
VBL · NSE
Share Price
₹418.55
+2.55% 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)
38.4x
P/B 6.8x
ROE
16.9%
ROCE 20.1%
Debt / Equity
0.15
Interest cover 5.1x

About Varun Beverages Limited

Data last updated:

Varun Beverages Limited is a public limited company based in New Delhi, Delhi, India. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 16 June 1995 and has been in existence for over 31 years.

Varun Beverages is ranked #143 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Ravi Jaipuria and family are #25 among India's richest people (2026). Its director Naresh Trehan is #272 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74899DL1995PLC069839. Its GSTIN is 07AAACV2678L1ZW (Delhi). The company holds 53 GST registrations, of which 39 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540180 and NSE: VBL.

The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹676.49 Cr. It is led by directors including Varun Jaipuria (Whole-Time Director) and Raj Pal Gandhi (Whole-Time Director).

Its last annual general meeting (AGM) was held on 01 April 2026, and its latest financial statements are for the year ended 31 December 2025. The registered office is at F – 2/7 Okhla Indl.Area Phase I, New Delhi, Delhi, India – 110020.

As per the latest consolidated financials for FY 2024-25, the company reported a revenue of ₹21,685 Cr, a growth of 8.4% compared to the previous year. For the same year it recorded a net profit of ₹2,932.82 Cr (net margin 13.5%) and EBITDA of ₹5,069.74 Cr (EBITDA margin 23.4%). The net worth stands at ₹19,579 Cr (up 17.9% YoY). Total assets are valued at ₹22,440 Cr (up 13.6% YoY).

The company has about 8,184 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries and 1 joint venture.

The company is associated with 2 brands: Varun Beverages and Varun Pepsi. As per MCA filings, the company has open charges of ₹2,470.25 Cr and satisfied charges of ₹16,916 Cr on record. Court records list 1,397 cases involving the company, including 792 filed by the company and 606 filed against it; 518 cases are pending. The company has 49 deals on record (24 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,354.13 Cr; the latest was in September 2025. The company has 21 MSME Form 1 returns on record between 2018 and 2024, listing 3,487 overdue payments to 705 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varunpepsi.com.

Company details

CIN L74899DL1995PLC069839
Registration Number 069839
Incorporation Date 16 June 1995
ROC Delhi
Listing Status Listed - Listed on NSE (VBL); Listed on BSE (540180)
Company Status Active
Date of Last AGM 01 April 2026
Date of Balance Sheet 31 December 2025
Compliance Status Active Compliant

CIN history

Varun Beverages has one previous CIN (Corporate Identification Number): U74899DL1995PLC069839. The current CIN is L74899DL1995PLC069839, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74899DL1995PLC069839Current
U74899DL1995PLC069839Previous
Key People
Varun Jaipuria Whole-Time Director Raj Pal Gandhi Whole-Time Director Rajinder Jeet Singh Bagga Whole-Time Director

Recognitions & Rankings of Varun Beverages

Fortune India 500 2025 edition
Rank#143
Total income
₹20,204 Cr
Profit
₹2,595 Cr
Last year #157
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#27
Valuation
₹2,16,890 Cr
2023 #32 2022 #58 2021 #118
Stock market indices
Nifty 500 BSE 500

Contact details

Varun Beverages Limited's registered office is in New Delhi, Delhi. Its website is varunpepsi.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    varunpepsi.com
  • Social Media
  • Registered Address
    F – 2/7 Okhla Indl.Area Phase I, New Delhi, Delhi, India – 110020
  • Industry
    Food and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution

To see the full contact details of Varun Beverages Limited, buy the company report.

Comprehensive company report
Varun Beverages Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Varun Beverages operates two associated brands: Varun Beverages and Varun Pepsi. Each brand links to its own profile.

BrandDescriptionWebsite
Varun Beverages
Brand of beverage productsvarunbeverages.com
Varun Pepsi
PepsiCo beverages are bottled, sold, and distributed by Varun Beverages.varunpepsi.com

Financials of Varun Beverages Limited

FY 2024-25 filings available

Varun Beverages Limited reported revenue of ₹21,685 Cr (up 8.4% YoY) for FY 2024-25.

Financial Highlights

Dec 2025 · Consolidated
Revenue
₹21,685 Cr
+8.4% YoY
EBITDA
₹5,070 Cr
+6.9% YoY
Profit After Tax
₹2,933 Cr
+10.6% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income statement
Revenue21,68520,00816,04313,1738,8237,5558,512
Revenue growth+8.4%+24.7%+21.8%+49.3%+16.8%-11.3%-
EBITDA5,0704,7423,6322,8061,6771,1481,462
EBITDA margin+23.4%+23.7%+22.6%+21.3%+19.0%+15.2%+17.2%
Profit before tax4,0103,4332,7392,0241,007362696
Net profit2,9332,6512,1201,541707388468
Net profit margin+13.5%+13.3%+13.2%+11.7%+8.0%+5.1%+5.5%
EPS (₹)8.987.6715.8223.0516.0311.4016.24
Balance sheet
Cash flow
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,6088,5456,5744,2044,9617,0175,5673,689
Revenue growth (YoY)+33.2%+21.8%+18.1%+14.0%+3.3%-2.5%--
Other income12010543.5399.1114877.1628.0644.64
EBITDA1,4242,3281,5256371,1391,9981,263579
EBITDA margin+21.6%+27.2%+23.2%+15.1%+23.0%+28.5%+22.7%+15.7%
Depreciation420413357330312306273261
Interest71.6958.6548.5346.6946.7136.5541.12109
Profit before tax1,0531,9611,1633599271,732978254
Tax22245228498.8819640724658.50
Net profit8311,5108792607321,325731196
EPS (₹)2.454.452.580.742.153.892.150.56
MetricsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income statement
Revenue14,55714,34912,63310,5966,5964,8765,616
Revenue growth+1.5%+13.6%+19.2%+60.7%+35.3%-13.2%-
EBITDA3,7653,6882,9852,1801,1807931,205
EBITDA margin+25.9%+25.7%+23.6%+20.6%+17.9%+16.3%+21.5%
Profit before tax3,5433,0702,3681,685682203634
Net profit2,5732,3761,8321,303505284445
Net profit margin+17.7%+16.6%+14.5%+12.3%+7.7%+5.8%+7.9%
EPS (₹)7.916.8613.6619.5611.307.8415.54
Balance sheet
Cash flow
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3,8225,9964,5012,1353,0645,3054,0532,014
Revenue growth (YoY)+24.8%+13.0%+11.1%+6.0%-0.7%-8.6%--
Other income14410474.3221415090.0159.80154
Total expenses2,9044,1183,3281,8102,2773,6643,0421,691
EBITDA9181,8781,1723257871,6411,010323
EBITDA margin+24.0%+31.3%+26.0%+15.2%+25.7%+30.9%+24.9%+16.0%
Depreciation202224199185172180165154
Interest7.933.944.2612.827.943.697.8063.89
Profit before tax8521,7551,0433427571,548897259
Tax19343125680.6917938821950.19

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 04 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue6,6088,5456,5744,2044,9617,0175,5673,689
Revenue growth (YoY)+33.2%+21.8%+18.1%+14.0%+3.3%-2.5%--
Other income12010543.5399.1114877.1628.0644.64
EBITDA1,4242,3281,5256371,1391,9981,263579
EBITDA margin+21.6%+27.2%+23.2%+15.1%+23.0%+28.5%+22.7%+15.7%
Depreciation420413357330312306273261
Interest71.6958.6548.5346.6946.7136.5541.12109
Profit before tax1,0531,9611,1633599271,732978254
Tax22245228498.8819640724658.50
Net profit8311,5108792607321,325731196
EPS (₹)2.454.452.580.742.153.892.150.56
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Revenue21,68520,00816,04313,1738,8237,5558,512
Revenue growth+8.4%+24.7%+21.8%+49.3%+16.8%-11.3%-
Other income35212179.3638.8567.9336.9746.89
Total expenses16,61615,26612,41010,3677,1466,4077,050
Employee cost2,2011,8851,4471,2171,008890811
EBITDA5,0704,7423,6322,8061,6771,1481,462
EBITDA margin+23.4%+23.7%+22.6%+21.3%+19.0%+15.2%+17.2%
Depreciation1,216947681617531529489
Interest196483292204207294324
Profit before tax4,0103,4332,7392,0241,007362696
Tax9487996384742615.23224
Net profit2,9332,6512,1201,541707388468
Net profit margin+13.5%+13.3%+13.2%+11.7%+8.0%+5.1%+5.5%
EPS (₹)8.987.6715.8223.0516.0311.4016.24
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 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 / equity0.150.350.770.790.870.971.17
Long-term debt / equity0.060.190.440.410.500.630.81
Interest cover5.0912.729.889.3218.0747.4333.31
Efficiency & per share
Fixed asset turnover1.051.311.431.350.970.861.16
Inventory turnover7.748.297.887.787.548.4611.82
Debtors turnover21.2233.9949.5551.4438.6936.9757.43
EPS (₹)8.987.6715.8223.0516.0311.4016.24
Dividend per share (₹)1.501.002.503.502.502.502.50
Book value per share (₹)57.8949.1253.3978.5594.22122.07115.29
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue3,8225,9964,5012,1353,0645,3054,0532,014
Revenue growth (YoY)+24.8%+13.0%+11.1%+6.0%-0.7%-8.6%--
Other income14410474.3221415090.0159.80154
Total expenses2,9044,1183,3281,8102,2773,6643,0421,691
EBITDA9181,8781,1723257871,6411,010323
EBITDA margin+24.0%+31.3%+26.0%+15.2%+25.7%+30.9%+24.9%+16.0%
Depreciation202224199185172180165154
Interest7.933.944.2612.827.943.697.8063.89
Profit before tax8521,7551,0433427571,548897259
Tax19343125680.6917938821950.19
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Revenue14,55714,34912,63310,5966,5964,8765,616
Revenue growth+1.5%+13.6%+19.2%+60.7%+35.3%-13.2%-
Other income51435414614457.3071.9998.01
Total expenses10,79210,6619,6488,4165,4154,0834,411
Employee cost1,2601,1781,037920741695631
EBITDA3,7653,6882,9852,1801,1807931,205
EBITDA margin+25.9%+25.7%+23.6%+20.6%+17.9%+16.3%+21.5%
Depreciation702618518483400413387
Interest33.22354244156156250282
Profit before tax3,5433,0702,3681,685682203634
Tax867750593414192(23.75)186
Net profit2,5732,3761,8321,303505284445
Net profit margin+17.7%+16.6%+14.5%+12.3%+7.7%+5.8%+7.9%
EPS (₹)7.916.8613.6619.5611.307.8415.54
ParticularsDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 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 / equity0.040.240.670.680.740.790.89
Long-term debt / equity0.010.140.390.350.440.540.64
Interest cover1.0811.529.919.2020.0365.6734.43
Efficiency & per share
Fixed asset turnover1.031.251.351.330.900.670.94
Inventory turnover8.708.908.538.507.567.2110.29
Debtors turnover62.4869.5469.5775.0743.5932.4042.38
EPS (₹)7.916.8613.6619.5611.307.8415.54
Dividend per share (₹)1.501.002.503.502.502.502.50
Book value per share (₹)55.4848.9754.4684.94101.58138.97133.95

To see the full year-wise statements and ratios of Varun Beverages Limited, buy the company report.

Board of directors of Varun Beverages Limited

Varun Beverages has 10 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naresh Trehan
Also directs: Global Health Limited, Wah India Private Limited, Global Health Institute of Medical Sciences Foundation and 4 more
Director21 Apr 20242 Years 6 MonthsCurrent
Sita Khosla
Also directs: Aurum Equity Partners LLP
Director16 Feb 20188 Years 8 MonthsCurrent
Rashmi Dhariwal
Also directs: Devyani International Limited, Sky Gate Hospitality Private Limited, RJ Corp Limited and 5 more
Director19 Mar 20188 Years 7 MonthsCurrent
Ravi Gupta
Also directs: Devyani International Limited, Global Health Limited, Epack Durable Limited and 5 more
Director19 Mar 20188 Years 7 MonthsCurrent
Varun Jaipuria
Also directs: Devyani International Limited, Kiva Spirits and Company Limited, RJ Corp Limited and 3 more
Whole-Time Director01 Jan 200917 Years 10 MonthsCurrent
Ravi Kant Jaipuria
Also directs: Devyani International Limited, Kiva Spirits and Company Limited, Alisha Torrent Closures (India) Private Limited and 3 more
Director16 Jun 199531 Years 4 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Varun Beverages Limited is audited by J. C. Bhalla & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J. C. Bhalla & Co.FY 2023001111N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 59.40%, foreign institutional investors hold 19.00%, domestic institutional investors hold 15.20% and retail and other public shareholders hold 6.40%.

Promoters: 59.40%DII (Domestic Institutional): 15.20%FII (Foreign Institutional): 19.00%Retail & Others: 6.40%
Sep 2026
QUARTER
59.40% Promoters
15.20% DII (Domestic Institutional)
19.00% FII (Foreign Institutional)
6.40% Retail & Others
Promoter holding - history
Now 59.40% · Sep 2026High 59.40% · Dec 2025Low 59.40% · Dec 2025
58%58.8%59.5%60.3%61%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 59.40%Mar 2026: 59.40%Jun 2026: 59.40%Sep 2026: 59.40%59.40%59.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters59.40%59.40%59.40%59.40%
Public40.60%40.60%40.60%40.60%

Charges & borrowings

Open charges
₹2,470.25 Cr
Satisfied charges
₹16,916 Cr
Breakdown by lending institutions
Others₹2,470.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 May 2026101294273Others₹250 CrOpen
28 Jul 2025101133845Others₹150 CrOpen
18 Feb 201610625598Others₹2,070.25 CrOpen
12 Aug 2024100968992Hdfc Bank Limited₹1,000 CrSatisfied
12 Mar 2024100891746Hdfc Bank Limited₹350 CrSatisfied

To see the full charge records of Varun Beverages Limited, buy the company report.

Total charge records: 215 View all charges

Deals & funding

Varun Beverages Limited has 49 deals on record (24 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,354.13 Cr; the latest was in September 2025.

Total deals
49
Market trades
24
Secondary share transfers
14
Funding rounds
3
Debt financings
3
Disclosed funding
₹1,354.13 Cr

Deals on record (5 of 49)

WhenDealAmountParties
Sep 2019Market trade₹170.1 CrSeller: RJ Corp Limited
Sep 2019QIP₹900 CrInvestors: Government Pension Fund Global, Others - Varun Beverages Limited, American Funds Developing World Growth And Income Fund
Feb 2017Debt financing₹300 CrInvestors: Kotak Mahindra Bank, RBL Bank Limited
Dec 2015Debt financing₹200 CrInvestors: RBL Bank Limited
Nov 2014Funding round₹450 CrInvestors: Devyani Hotels and Resorts Private Limited , RJ Corp Limited

To see the full deal history of Varun Beverages Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Varun Beverages Limited was last rated by Crisil on 13 Jan 2020.

Rating agencyRated onRating
Crisil13 Jan 2020

To see the full credit ratings and regulatory alerts of Varun Beverages Limited, buy the company report.

MSME payment delays

Varun Beverages Limited has 21 MSME Form 1 returns on record between 2018 and 2024, listing 3,487 overdue payments to 705 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 705)

SupplierAmount dueDue sinceReported on
an individual supplier
Machre Refrigeration Products Private Limited
an individual supplier
Safe Sea Logistics Private Limited
Southern Cargo Carriers (India

To see the full MSME payment records of Varun Beverages Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Varun Beverages has 2 subsidiary companies, 1 joint venture, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
1
Joint ventures
1
Associated companies
Key subsidiaries
Company NameCINShares held
Clean Max Tav Private LimitedU40300MH2022PTC389259
Lunarmech Technologies Private LimitedU72900DL2009PTC190619

To see the full group structure of Varun Beverages Limited, buy the company report.

Employees & EPFO

Varun Beverages Limited has a workforce of 8,184 employees on its EPFO records as of Apr 06, 2024, across 36 active EPFO establishments.

Employee count
8,184
Active EPFO establishments
36
Employee growth
16.76%

GST

Varun Beverages has 53 GST registrations: 39 active and 14 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
53
Active
39
Cancelled / inactive
14
GSTINStateStatusRegistered on
07AAACV2678L1ZWDelhiActive01 Jul 2017
03AAACV2678L1Z4PunjabActive01 Jul 2017
04AAACV2678L2Z1ChandigarhActive01 Jul 2017
05AAACV2678L1Z0UttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Varun Beverages Limited, buy the company report.

Recent activity

Varun Beverages Limited has 44 board changes on record since 1995: 28 appointments and 16 cessations. The latest: Pankaj Madan was appointed as CFO on 04 Aug 2025.

Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 101294273 was registered on 01 May 2026.
AGM
Varun Beverages Limited last Annual general meeting of members was held on 01 Apr 2026 as per latest MCA records.
Charges
A charge with Others of Rs. 2,070.25 Cr registered on 18 Feb 2016 with Charge ID 10625598 was modified on 30 Mar 2026.
Filing
Varun Beverages Limited has filed its annual Financial statements for the year ended 31 Dec 2025 with Roc Delhi I.
Charges
A charge registered on 27 Feb 2017 via Charge ID 100084754 with Others was fully satisfied on 15 Dec 2025.
Charges
A charge with Others of Rs. 150.00 Cr registered on 28 Jul 2025 with Charge ID 101133845 was modified on 27 Nov 2025.
Appointed
Pankaj Madan was appointed as CFO.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101133845 was registered on 28 Jul 2025.
Charges
A charge registered on 12 Aug 2024 via Charge ID 100968992 with Hdfc Bank Limited was fully satisfied on 07 May 2025.
Charges
A charge registered on 25 May 2022 via Charge ID 100575898 with Others was fully satisfied on 28 Apr 2025.
Charges
A charge registered on 17 Jun 2021 via Charge ID 100453674 with Others was fully satisfied on 25 Apr 2025.
Charges
A charge registered on 03 Feb 2022 via Charge ID 100538248 with Others was fully satisfied on 20 Dec 2024.

561 earlier events are in the company report.

News

VBL: Q2 CONS NET PROFIT 8.3B RUPEES VS 7.4B (YOY); EST 7.9B
30 Oct 2026 · Exchange Update
VBL: Q2 EBITDA 14.3B RUPEES VS 11.4B (YOY); Q2 EBITDA MARGIN 20.9% VS 22.7% (YOY)
30 Oct 2026 · Exchange Update
VBL: Q2 REVENUE 68B RUPEES VS 51B (YOY)
30 Oct 2026 · Exchange Update
Varun Beverages: Reports 28.7% Volume Growth In Q2, Surpassing FY27 Goals For Double-Digit Increases
30 Oct 2026 · Exchange Update
Varun Beverages: Plans To Expand Capacity In Zimbabwe By 2028 And Is Seeking Global Partnerships For Its Alcoholic Beverage Segment.
30 Oct 2026 · Exchange Update
VBL: Co Expects Aggressive Distribution Plans For 2027
30 Oct 2026 · Exchange Update

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Varun Beverages is an active public limited company based in New Delhi, Delhi, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 16 June 1995 (31+ years old) and is registered under CIN L74899DL1995PLC069839. Listed on BSE: 540180 and NSE: VBL.

Varun Beverages reported revenue of ₹21,685 Cr for FY 2024-25 (up 8.4% YoY) based on consolidated financials.

Varun Beverages has 10 current directors:

The latest financial statements of Varun Beverages on record with the MCA are for the year ended 31 December 2025. Its last annual general meeting was held on 01 April 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Varun Beverages is 07AAACV2678L1ZW, registered in Delhi. The company has 53 GST registrations in all, of which 39 are active and 14 are cancelled or inactive. Other active GSTINs include 03AAACV2678L1Z4 (Punjab), 04AAACV2678L2Z1 (Chandigarh), 05AAACV2678L1Z0 (Uttarakhand).

The CIN (Corporate Identification Number) of Varun Beverages is L74899DL1995PLC069839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Varun Beverages is a listed company as per MCA records. Its shares are listed on both BSE (code: 540180) and NSE (symbol: VBL).

Varun Beverages has 1,397 court cases on record: 792 filed by the company and 606 filed against it. 518 are pending. Most are in the district courts.

Varun Beverages was incorporated on 16 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.

Varun Beverages has 49 deals on record (24 market trades, 14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹1,354.13 Cr; the latest was in September 2025.

Pankaj Madan was appointed as CFO on 04 Aug 2025. Lalit Bishambernath Malik ceased to be CFO on 13 May 2024. Naresh Trehan was appointed as Director on 21 Apr 2024. Varun Beverages has 44 board changes on record in total.