Varun Beverages Limited (BOM:540180)

Varun Beverages Statistics

Total Valuation

Varun Beverages has a market cap or net worth of INR 1.52 trillion. The enterprise value is 1.53 trillion.

Market Cap	1.52T
Enterprise Value	1.53T

Important Dates

The last earnings date was Tuesday, February 3, 2026.

Earnings Date	Feb 3, 2026
Ex-Dividend Date	Aug 1, 2025

Share Statistics

Current Share Class	3.38B
Shares Outstanding	n/a
Shares Change (YoY)	+3.54%
Shares Change (QoQ)	+0.53%
Owned by Insiders (%)	34.39%
Owned by Institutions (%)	21.74%
Float	1.30B

Valuation Ratios

The trailing PE ratio is 50.04 and the forward PE ratio is 44.32.

PE Ratio	50.04
Forward PE	44.32
PS Ratio	7.01
PB Ratio	7.70
P/TBV Ratio	8.43
P/FCF Ratio	197.29
P/OCF Ratio	43.30
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 28.29, with an EV/FCF ratio of 198.17.

EV / Earnings	50.27
EV / Sales	7.04
EV / EBITDA	28.29
EV / EBIT	36.52
EV / FCF	198.17

Financial Position

The company has a current ratio of 1.94, with a Debt / Equity ratio of 0.13.

Current Ratio	1.94
Quick Ratio	0.80
Debt / Equity	0.13
Debt / EBITDA	0.46
Debt / FCF	3.26
Interest Coverage	24.68

Financial Efficiency

Return on equity (ROE) is 16.79% and return on invested capital (ROIC) is 16.50%.

Return on Equity (ROE)	16.79%
Return on Assets (ROA)	10.74%
Return on Invested Capital (ROIC)	16.50%
Return on Capital Employed (ROCE)	19.47%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	19.64M
Profits Per Employee	2.75M
Employee Count	11,041
Asset Turnover	0.89
Inventory Turnover	3.38

Taxes

In the past 12 months, Varun Beverages has paid 9.48 billion in taxes.

Income Tax	9.48B
Effective Tax Rate	23.63%

Stock Price Statistics

The stock price has decreased by -14.77% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-14.77%
50-Day Moving Average	476.86
200-Day Moving Average	476.70
Relative Strength Index (RSI)	38.36
Average Volume (20 Days)	422,571

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Varun Beverages had revenue of INR 216.85 billion and earned 30.36 billion in profits. Earnings per share was 8.98.

Revenue	216.85B
Gross Profit	119.70B
Operating Income	41.85B
Pretax Income	40.10B
Net Income	30.36B
EBITDA	54.02B
EBIT	41.85B
Earnings Per Share (EPS)	8.98

Balance Sheet

The company has 19.98 billion in cash and 25.08 billion in debt, with a net cash position of -5.10 billion.

Cash & Cash Equivalents	19.98B
Total Debt	25.08B
Net Cash	-5.10B
Net Cash Per Share	n/a
Equity (Book Value)	197.41B
Book Value Per Share	57.54
Working Capital	38.22B

Cash Flow

In the last 12 months, operating cash flow was 35.09 billion and capital expenditures -27.39 billion, giving a free cash flow of 7.70 billion.

Operating Cash Flow	35.09B
Capital Expenditures	-27.39B
Free Cash Flow	7.70B
FCF Per Share	n/a

Margins

Gross margin is 55.20%, with operating and profit margins of 19.30% and 14.00%.

Gross Margin	55.20%
Operating Margin	19.30%
Pretax Margin	18.49%
Profit Margin	14.00%
EBITDA Margin	24.91%
EBIT Margin	19.30%
FCF Margin	3.55%

Dividends & Yields

This stock pays an annual dividend of 1.50, which amounts to a dividend yield of 0.33%.

Dividend Per Share	1.50
Dividend Yield	0.33%
Dividend Growth (YoY)	50.00%
Years of Dividend Growth	5
Payout Ratio	16.71%
Buyback Yield	-3.54%
Shareholder Yield	-3.21%
Earnings Yield	2.00%
FCF Yield	0.51%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 12, 2024. It was a forward split with a ratio of 2.5.

Last Split Date	Sep 12, 2024
Split Type	Forward
Split Ratio	2.5

Scores

Altman Z-Score	n/a
Piotroski F-Score	6