Varun Beverages Limited (BOM:540180)

Varun Beverages Balance Sheet

Financials in millions INR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	21,490	22,663	2,422	1,543	1,508	1,046
Short-Term Investments	-	1,836	2,150	1,309	-	-
Cash & Short-Term Investments	21,490	24,499	4,572	2,852	1,508	1,046
Cash Growth	427.03%	435.81%	60.33%	89.18%	44.18%	-24.22%
Accounts Receivable	11,988	8,458	3,594	2,993	2,212	2,418
Other Receivables	-	8,086	7,109	3,776	2,277	1,670
Receivables	11,988	16,545	10,703	6,770	4,489	4,188
Inventory	30,733	27,912	21,505	19,939	14,481	9,288
Prepaid Expenses	-	-	-	-	235.82	-
Other Current Assets	15,923	9,684	5,576	4,480	4,748	3,475
Total Current Assets	80,134	78,640	42,356	34,040	25,461	17,997
Property, Plant & Equipment	147,715	131,480	97,601	69,637	62,246	58,940
Long-Term Investments	1,350	604.63	221.32	9.32	0.01	0.01
Goodwill	3,178	3,009	242.3	242.3	242.3	242.3
Other Intangible Assets	11,405	11,195	5,471	5,509	5,586	5,572
Long-Term Deferred Tax Assets	206.77	196.31	-	-	24.07	110.18
Other Long-Term Assets	2,934	6,095	5,980	6,744	2,260	1,305
Total Assets	247,157	231,439	151,872	116,182	95,819	84,584
Accounts Payable	13,698	15,604	7,582	8,243	7,118	5,114
Accrued Expenses	-	4,130	4,082	4,004	3,401	2,341
Short-Term Debt	-	12,866	10,032	6,277	6,285	7,139
Current Portion of Long-Term Debt	10,552	2,370	10,022	13,401	9,001	5,124
Current Portion of Leases	891.1	1,049	390.38	235.77	136.02	102.26
Current Income Taxes Payable	3,525	656.23	390.02	755.68	139.41	38.92
Current Unearned Revenue	-	117.37	39.91	2.27	14.06	23.61
Other Current Liabilities	15,913	8,452	8,993	6,770	4,109	4,467
Total Current Liabilities	44,580	45,244	41,532	39,688	30,202	24,350
Long-Term Debt	5,788	8,407	31,889	17,270	18,133	19,796
Long-Term Leases	4,151	3,571	1,979	1,654	312.63	244.39
Long-Term Unearned Revenue	9.91	47.31	68.4	5.94	6.73	7.34
Long-Term Deferred Tax Liabilities	5,489	4,879	3,430	3,368	3,111	2,259
Other Long-Term Liabilities	2,072	728.04	655.61	609.2	559.92	527.36
Total Liabilities	62,090	64,043	81,025	64,028	53,852	48,696
Common Stock	6,764	6,763	6,496	6,496	4,330	2,887
Additional Paid-In Capital	-	96,939	22,637	22,570	24,735	26,178
Retained Earnings	-	69,026	46,108	27,843	14,412	8,487
Comprehensive Income & Other	176,869	-6,630	-5,875	-5,884	-2,678	-2,312
Total Common Equity	183,633	166,098	69,365	51,024	40,799	35,240
Minority Interest	1,433	1,298	1,482	1,131	1,168	647.88
Shareholders' Equity	185,067	167,396	70,847	52,155	41,967	35,888
Total Liabilities & Equity	247,157	231,439	151,872	116,182	95,819	84,584
Total Debt	21,383	28,263	54,313	38,838	33,868	32,406
Net Cash (Debt)	107.17	-3,763	-49,741	-35,986	-32,360	-31,360
Net Cash Per Share	0.03	-1.15	-15.31	-11.08	-9.96	-9.66
Filing Date Shares Outstanding	3,382	3,382	3,248	3,248	3,248	3,248
Total Common Shares Outstanding	3,382	3,382	3,248	3,248	3,248	3,248
Working Capital	35,554	33,395	824.18	-5,647	-4,741	-6,353
Book Value Per Share	54.30	49.12	21.36	15.71	12.56	10.85
Tangible Book Value	169,050	151,894	63,652	45,272	34,971	29,426
Tangible Book Value Per Share	49.99	44.92	19.60	13.94	10.77	9.06
Land	-	8,490	8,432	7,798	7,203	6,912
Buildings	-	30,061	19,210	15,541	14,415	13,697
Machinery	-	108,648	72,459	58,759	54,762	52,943
Construction In Progress	-	11,623	19,222	6,066	4,966	668.15

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.