Varun Beverages Limited (BOM:540180)

Varun Beverages Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	24,501	2,422	1,543	1,508	1,046
Short-Term Investments	-	2,150	1,309	-	-
Cash & Short-Term Investments	24,501	4,572	2,852	1,508	1,046
Cash Growth	435.84%	60.33%	89.18%	44.18%	-24.22%
Accounts Receivable	8,458	3,594	2,993	2,212	2,418
Other Receivables	-	7,109	3,776	2,277	1,670
Receivables	8,458	10,703	6,770	4,489	4,188
Inventory	27,912	21,505	19,939	14,481	9,288
Prepaid Expenses	-	-	-	235.82	-
Other Current Assets	17,768	5,576	4,480	4,748	3,475
Total Current Assets	78,640	42,356	34,040	25,461	17,997
Property, Plant & Equipment	131,480	97,601	69,637	62,246	58,940
Long-Term Investments	595.02	221.32	9.32	0.01	0.01
Goodwill	3,009	242.3	242.3	242.3	242.3
Other Intangible Assets	11,195	5,471	5,509	5,586	5,572
Long-Term Deferred Tax Assets	196.31	-	-	24.07	110.18
Other Long-Term Assets	6,105	5,980	6,744	2,260	1,305
Total Assets	231,439	151,872	116,182	95,819	84,584
Accounts Payable	15,604	7,582	8,243	7,118	5,114
Accrued Expenses	-	4,082	4,004	3,401	2,341
Short-Term Debt	-	10,032	6,277	6,285	7,139
Current Portion of Long-Term Debt	15,236	10,022	13,401	9,001	5,124
Current Portion of Leases	1,049	390.38	235.77	136.02	102.26
Current Income Taxes Payable	656.23	390.02	755.68	139.41	38.92
Current Unearned Revenue	-	39.91	2.27	14.06	23.61
Other Current Liabilities	12,699	8,993	6,770	4,109	4,467
Total Current Liabilities	45,244	41,532	39,688	30,202	24,350
Long-Term Debt	8,407	31,889	17,270	18,133	19,796
Long-Term Leases	3,571	1,979	1,654	312.63	244.39
Long-Term Unearned Revenue	47.31	68.4	5.94	6.73	7.34
Long-Term Deferred Tax Liabilities	4,879	3,430	3,368	3,111	2,259
Other Long-Term Liabilities	1,894	655.61	609.2	559.92	527.36
Total Liabilities	64,043	81,025	64,028	53,852	48,696
Common Stock	6,763	6,496	6,496	4,330	2,887
Additional Paid-In Capital	-	22,637	22,570	24,735	26,178
Retained Earnings	-	46,108	27,843	14,412	8,487
Comprehensive Income & Other	159,335	-5,875	-5,884	-2,678	-2,312
Total Common Equity	166,098	69,365	51,024	40,799	35,240
Minority Interest	1,298	1,482	1,131	1,168	647.88
Shareholders' Equity	167,396	70,847	52,155	41,967	35,888
Total Liabilities & Equity	231,439	151,872	116,182	95,819	84,584
Total Debt	28,263	54,313	38,838	33,868	32,406
Net Cash (Debt)	-3,762	-49,741	-35,986	-32,360	-31,360
Net Cash Per Share	-1.15	-15.31	-11.08	-9.96	-9.66
Filing Date Shares Outstanding	3,382	3,248	3,248	3,248	3,248
Total Common Shares Outstanding	3,382	3,248	3,248	3,248	3,248
Working Capital	33,395	824.18	-5,647	-4,741	-6,353
Book Value Per Share	49.11	21.36	15.71	12.56	10.85
Tangible Book Value	151,894	63,652	45,272	34,971	29,426
Tangible Book Value Per Share	44.91	19.60	13.94	10.77	9.06
Land	-	8,432	7,798	7,203	6,912
Buildings	-	19,210	15,541	14,415	13,697
Machinery	-	72,459	58,759	54,762	52,943
Construction In Progress	-	19,222	6,066	4,966	668.15

Source: S&P Capital IQ. Standard template. Financial Sources.