Varun Beverages Limited (BOM:540180)

Varun Beverages Statistics

Total Valuation

Varun Beverages has a market cap or net worth of INR 1.64 trillion. The enterprise value is 1.65 trillion.

Market Cap	1.64T
Enterprise Value	1.65T

Important Dates

The next confirmed earnings date is Monday, April 27, 2026.

Earnings Date	Apr 27, 2026
Ex-Dividend Date	Apr 8, 2026

Share Statistics

Current Share Class	3.38B
Shares Outstanding	n/a
Shares Change (YoY)	+3.59%
Shares Change (QoQ)	+0.53%
Owned by Insiders (%)	34.39%
Owned by Institutions (%)	21.99%
Float	1.30B

Valuation Ratios

The trailing PE ratio is 54.03 and the forward PE ratio is 48.75.

PE Ratio	54.03
Forward PE	48.75
PS Ratio	7.57
PB Ratio	8.31
P/TBV Ratio	9.10
P/FCF Ratio	213.01
P/OCF Ratio	46.75
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 32.68, with an EV/FCF ratio of 213.89.

EV / Earnings	54.25
EV / Sales	7.60
EV / EBITDA	32.68
EV / EBIT	43.04
EV / FCF	213.89

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	1.08
Debt / Equity	0.13
Debt / EBITDA	0.50
Debt / FCF	3.26
Interest Coverage	22.76

Financial Efficiency

Return on equity (ROE) is 16.79% and return on invested capital (ROIC) is 15.11%.

Return on Equity (ROE)	16.79%
Return on Assets (ROA)	9.84%
Return on Invested Capital (ROIC)	15.11%
Return on Capital Employed (ROCE)	17.84%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	20.35M
Profits Per Employee	2.85M
Employee Count	10,654
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 -12.89% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-12.89%
50-Day Moving Average	433.58
200-Day Moving Average	465.47
Relative Strength Index (RSI)	70.72
Average Volume (20 Days)	468,307

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	38.33B
Pretax Income	40.10B
Net Income	30.36B
EBITDA	49.30B
EBIT	38.33B
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	57.89
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
Depreciation & Amortization	10.97B
Net Borrowing	-6.09B
Free Cash Flow	7.70B
FCF Per Share	n/a

Margins

Gross margin is 55.20%, with operating and profit margins of 17.68% and 14.00%.

Gross Margin	55.20%
Operating Margin	17.68%
Pretax Margin	18.49%
Profit Margin	14.00%
EBITDA Margin	22.73%
EBIT Margin	17.68%
FCF Margin	3.55%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 0.21%.

Dividend Per Share	1.00
Dividend Yield	0.21%
Dividend Growth (YoY)	-33.33%
Years of Dividend Growth	5
Payout Ratio	16.71%
Buyback Yield	-3.59%
Shareholder Yield	-3.38%
Earnings Yield	1.85%
FCF Yield	0.47%

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

Varun Beverages has an Altman Z-Score of 19.31 and a Piotroski F-Score of 6.

Altman Z-Score	19.31
Piotroski F-Score	6