To visit the old Ventura website, click here.
Ventura Wealth Clients Login here

NSEBSE
NSEBSE
noteThere is a 15-minute delay in the prices. To check out the live prices, log in to your Ventura account or open one today.
1D
1W
1M
1Y
3Y
5Y
Max
Open472
High475.5
Low464.6
Prev. Close473.55
Avg. Traded Price469.05
Volume77,30,017

MARKET DEPTH

info2
Total bid0.00
Total ask1,157.00
OrdersQtyBid
000
000
000
000
000
AskQtyOrders
473.55151157
000
000
000
000

HIGH/LOW

info2
1d
1w
1m
3m
52w

LOW/HIGH

464.603 hours ago
475.50an hour ago
arrow

LOWER/UPPER CIRCUITS

423.95
518.15
arrow
Varun Beverages Limited Stock performance
arrow

KEY OBSERVATIONS

info
positive
negative
neutral
noteAnnual Revenue,rose 24.85%, in the last year to ₹20,128.92 Cr. Its sector's average revenue growth for the last fiscal year was 6.72%.
noteAnnual Net Profit,rose 26.2% in the last year to ₹2,594.63 Cr. Its sector's average net profit growth for the last fiscal year was 45.02%.
noteQuarterly Net profit,rose 5.14% YoY to ₹1,317.02 Cr. Its sector's average net profit growth YoY for the quarter was 4.66%.
View more

LONG-TERM PRICE ANALYSIS

info
Stock return5Y CAGR : 61.22%
Net profit growth 5Y CAGR : 47.92%

STOCK RETURNS

info
Versus Nifty 50
1 w
-0.60%
vs
+0.81%
1 mth
-5.63%
vs
+0.77%
3 mth
-0.32%
vs
+0.49%
6 mth
-7.02%
vs
+11.38%
1 yr
-24.06%
vs
-1.24%
3 yr
+113.93%
vs
+43%
5 yr
+629.31%
vs
+116.03%

About Varun Beverages Limited (VBL)

Varun Beverages Limited (VBL) is a public company incorporated on June 16, 1995, and listed on the BSE and NSE. It is one of PepsiCo’s largest franchisees globally (the second-largest outside the US), engaged in manufacturing, selling, bottling and distribution of PepsiCo beverages across pre-defined territories in India and multiple international markets. 

 

The Group’s territories span India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, Democratic Republic of Congo (DRC), Mozambique, South Africa, Lesotho, Eswatini, Namibia and Botswana, under franchise agreements with PepsiCo and its affiliates. The portfolio covers carbonated soft drinks, juice-based drinks, energy drinks, packaged drinking water and other ready-to-drink offerings under PepsiCo trademarks, alongside select owned brands in certain territories.

 

Products and services include Pepsi, Mountain Dew, Mirinda, 7UP, Sting, Rockstar, Tropicana, Slice, Gatorade, Aquafina and Lipton Ice Tea; VBL also manages brands such as Refreshhh, Coo-ee, Jive, Refreshhh Aquaclear, Reboost Energy and value-added dairy-based beverages under the licensed “Cream Bell” trademark (ambient) in select markets. In snacks, VBL distributes Frito-Lay, Doritos and Cheetos in Morocco, and is progressing manufacturing and distribution plans for Simba Munchiez in Zambia and Zimbabwe.

 

Varun Beverages Limited (VBL) Geographic Presence 

 

VBL’s operating footprint in India covers franchises across 26 states and 6 union territories. Internationally, the company operates with franchise rights in 9 countries and distribution rights in 4 countries. As of December 31, 2024, VBL operated 36 beverage manufacturing plants and 3 backward-integration plants in India, supported by a nationwide network of offices, depots and warehouses .

 

Subsidiaries and structure: The consolidated financial statements include 15 subsidiaries, along with associates and a joint venture, reflecting the Group’s pan-India and global reach .

 

Varun Beverages Limited (VBL) Key milestones

 

  • 1991: Licensing agreement from PepsiCo (via a group company) for trademark and bottling.
  • 1995–1996: Incorporation and commencement of operations in Jaipur.
  • 2016: Acquired a majority stake in Zambia operations; listed on NSE and BSE.
  • 2018–2022: Expansion across Indian sub-territories; new facilities in Nepal and Zimbabwe; sales and distribution rights for Tropicana and Gatorade; snack distribution agreement in Morocco; Puffcorn co-manufacturing at Kosi, Uttar Pradesh.
  • 2024: Acquired South Africa-based The Beverage Company (BevCo); signed binding agreements to acquire 100% stakes in Tanzania and Ghana; secured exclusive snacks franchising rights for Morocco, Zimbabwe and Zambia.

Varun Beverages Limited (VBL)’s Revenue Distribution 

Revenue by geography (CY 2024): India 72%; International 28% .

 

Varun Beverages Limited (VBL) Key Management

 

  • Ravi Jaipuria – Promoter & Non-Executive Chairman.
  • Varun Jaipuria – Promoter, Executive Vice Chairman & Whole-time Director.
  • Raj Gandhi – Whole-time Director.
  • Rajinder Jeet Singh Bagga – Whole-time Director.
  • Rajesh Chawla – Chief Financial Officer.
  • Ravi Batra – Chief Risk Officer & Group Company Secretary.

 

Latest Updates on Varun Beverages Limited (VBL)

 

  • Completed the acquisition of BevCo and its subsidiaries in South Africa, strengthening the African footprint.
  • Commissioned three new greenfield facilities in India at Supa (Maharashtra), Gorakhpur (Uttar Pradesh) and Khordha (Odisha); Kinshasa (DRC) plant ramped to full capacity on a three-shift basis.
  • Entered binding agreements to acquire PepsiCo businesses in Tanzania and Ghana; added exclusive snacks franchising rights in Morocco, Zimbabwe and Zambia.
  • Recognition: In 2024, VBL received multiple corporate governance honours, including CFI.co (UK) Best FMCG Corporate Governance (India) and CNBC TV18 Incredible Brands of India Award for Best Corporate Governance of the Year.
personal

Grow your wealth with more research recommendations

+91

Frequently Asked Questions

VBL manufactures, bottles, sells and distributes PepsiCo’s beverages across India and select international territories under long-standing franchise agreements. Its portfolio includes leading carbonated, non-carbonated and water brands, along with select owned labels in certain markets .

In India, VBL holds franchises across 26 states and 6 union territories. Internationally, it has franchise rights in 9 countries and distribution rights in 4 countries, with India contributing 72% of net operational revenues in CY 2024 .

The consolidated financial statements include 15 subsidiaries, alongside associates and a joint venture. This structure supports operations spanning India and multiple international markets .