Varun Beverages Ltd
VBL
FMCG
₹ 483.05
Price
₹ 163,513
Market Cap
Large Cap
58.74
P/E Ratio
📊 Score Snapshot
0.0 / 25
Performance
19.03 / 25
Valuation
0.0 / 20
Growth
7.0 / 30
Profitability
26.03 / 100
Avoid
🏢 Company Overview
⏳ Loading company overview...
🤖 CARL Insights
⏳ Loading CARL insights...
📈 Net Profit (Yearly)
📊 Sales (Yearly)
📉 Quarterly Sales Trend
📉 Quarterly Net Profit
📈 Yearly Ratios
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Adj EPS | 8.47 | 6.66 | 5.14 | 2.52 | - |
| Adj Number Of Shares | 328.69 | 324.92 | 325.29 | 324.60 | - |
| Adj PE | 63.61 | 89.71 | 53.97 | 49.68 | - |
| Adj Peg | 2.34 | 3.03 | 0.52 | - | - |
| Market Cap | 177,082 | 194,140 | 90,235 | 40,637 | - |
| PE | 63.61 | 89.71 | 53.97 | 49.68 | - |
| Peg | 2.34 | 3.03 | 0.52 | - | - |
| PS | 8.33 | 11.79 | 6.34 | 4.32 | - |
| Share Price | 538.75 | 597.50 | 277.40 | 125.19 | 89.69 |
📊 Quarterly Results
| Metric | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,017 | 5,567 | 3,689 | 4,805 | 7,197 | 4,317 | 2,668 | 3,871 | 5,611 | 3,893 | 2,214 | 3,177 | 4,955 | 2,827 |
| Interest | 37.00 | 41.00 | 109.00 | 119.00 | 129.00 | 94.00 | 74.00 | 62.00 | 69.00 | 63.00 | 47.00 | 45.00 | 46.00 | 47.00 |
| Expenses - | 5,020 | 4,304 | 3,110 | 3,654 | 5,206 | 3,329 | 2,249 | 2,989 | 4,101 | 3,095 | 1,907 | 2,478 | 3,704 | 2,296 |
| Other Income - | 77.00 | 28.06 | 44.64 | 24.25 | 44.03 | 8.35 | 9.32 | 18.51 | 41.60 | 10.14 | 9.25 | 10.62 | 10.48 | 8.51 |
| Depreciation | 306.00 | 273.00 | 261.00 | 257.00 | 242.00 | 188.00 | 166.00 | 171.00 | 172.00 | 172.00 | 180.00 | 153.00 | 153.00 | 131.00 |
| Profit Before Tax | 1,732 | 978.00 | 254.00 | 800.00 | 1,663 | 716.00 | 188.00 | 667.00 | 1,311 | 573.00 | 90.00 | 511.00 | 1,062 | 361.00 |
| Tax % | 23.50 | 25.26 | 22.83 | 21.38 | 24.11 | 23.46 | 23.40 | 22.94 | 23.34 | 23.39 | 8.89 | 22.70 | 24.48 | 24.93 |
| Net Profit - | 1,325 | 731.00 | 196.00 | 629.00 | 1,262 | 548.00 | 144.00 | 514.00 | 1,005 | 439.00 | 82.00 | 395.00 | 802.00 | 271.00 |
| Minority Share | -8.00 | -5.00 | -10.00 | -9.00 | -9.00 | -11.00 | -12.00 | -13.00 | -12.00 | -10.00 | -7.00 | -14.00 | -15.00 | -17.00 |
| Profit Excl Exceptional | 1,325 | 731.00 | 196.00 | 629.00 | 1,262 | 548.00 | 144.00 | 514.00 | 1,005 | 439.00 | 82.00 | 395.00 | 802.00 | - |
| Profit For PE | 1,317 | 726.00 | 185.00 | 620.00 | 1,253 | 537.00 | 132.00 | 501.00 | 994.00 | 429.00 | 75.00 | 381.00 | 787.00 | 254.00 |
| Profit For EPS | 1,317 | 726.00 | 185.00 | 620.00 | 1,253 | 537.00 | 132.00 | 501.00 | 994.00 | 429.00 | 75.00 | 381.00 | 787.00 | 254.00 |
| EPS In Rs | 3.89 | 2.15 | 0.55 | 1.91 | 3.86 | 1.65 | 0.41 | 1.54 | 3.06 | 1.32 | 0.23 | 1.17 | 2.42 | 0.78 |
| PAT Margin % | 18.88 | 13.13 | 5.31 | 13.09 | 17.54 | 12.69 | 5.40 | 13.28 | 17.91 | 11.28 | 3.70 | 12.43 | 16.19 | 9.59 |
| PBT Margin | 24.68 | 17.57 | 6.89 | 16.65 | 23.11 | 16.59 | 7.05 | 17.23 | 23.36 | 14.72 | 4.07 | 16.08 | 21.43 | 12.77 |
| Tax | 407.00 | 247.00 | 58.00 | 171.00 | 401.00 | 168.00 | 44.00 | 153.00 | 306.00 | 134.00 | 8.00 | 116.00 | 260.00 | 90.00 |
| Yoy Profit Growth % | 5.00 | 35.00 | 40.00 | 24.00 | 26.00 | 25.00 | 77.00 | 32.00 | 26.00 | 69.00 | 353.00 | 59.00 | 156.00 | 97.00 |
| Adj Ebit | 1,768 | 1,018 | 362.64 | 918.25 | 1,793 | 808.35 | 262.32 | 729.51 | 1,380 | 636.14 | 136.25 | 556.62 | 1,108 | 408.51 |
| Adj EBITDA | 2,074 | 1,291 | 623.64 | 1,175 | 2,035 | 996.35 | 428.32 | 900.51 | 1,552 | 808.14 | 316.25 | 709.62 | 1,261 | 539.51 |
| Adj EBITDA Margin | 29.56 | 23.19 | 16.91 | 24.46 | 28.28 | 23.08 | 16.05 | 23.26 | 27.65 | 20.76 | 14.28 | 22.34 | 25.46 | 19.08 |
| Adj Ebit Margin | 25.20 | 18.29 | 9.83 | 19.11 | 24.91 | 18.72 | 9.83 | 18.85 | 24.59 | 16.34 | 6.15 | 17.52 | 22.37 | 14.45 |
| Adj PAT | 1,325 | 731.00 | 196.00 | 629.00 | 1,262 | 548.00 | 144.00 | 514.00 | 1,005 | 439.00 | 82.00 | 395.00 | 802.00 | 271.00 |
| Adj PAT Margin | 18.88 | 13.13 | 5.31 | 13.09 | 17.54 | 12.69 | 5.40 | 13.28 | 17.91 | 11.28 | 3.70 | 12.43 | 16.19 | 9.59 |
| Ebit | 1,768 | 1,018 | 362.64 | 918.25 | 1,793 | 808.35 | 262.32 | 729.51 | 1,380 | 636.14 | 136.25 | 556.62 | 1,108 | 408.51 |
| EBITDA | 2,074 | 1,291 | 623.64 | 1,175 | 2,035 | 996.35 | 428.32 | 900.51 | 1,552 | 808.14 | 316.25 | 709.62 | 1,261 | 539.51 |
| EBITDA Margin | 29.56 | 23.19 | 16.91 | 24.46 | 28.28 | 23.08 | 16.05 | 23.26 | 27.65 | 20.76 | 14.28 | 22.34 | 25.46 | 19.08 |
| Ebit Margin | 25.20 | 18.29 | 9.83 | 19.11 | 24.91 | 18.72 | 9.83 | 18.85 | 24.59 | 16.34 | 6.15 | 17.52 | 22.37 | 14.45 |
| NOPAT | 1,294 | 739.93 | 245.40 | 702.86 | 1,327 | 612.32 | 193.80 | 547.90 | 1,026 | 479.58 | 115.71 | 422.06 | 829.21 | 300.28 |
| NOPAT Margin | 18.44 | 13.29 | 6.65 | 14.63 | 18.44 | 14.18 | 7.26 | 14.15 | 18.28 | 12.32 | 5.23 | 13.28 | 16.73 | 10.62 |
| Operating Profit | 1,691 | 990.00 | 318.00 | 894.00 | 1,749 | 800.00 | 253.00 | 711.00 | 1,338 | 626.00 | 127.00 | 546.00 | 1,098 | 400.00 |
| Operating Profit Margin | 24.10 | 17.78 | 8.62 | 18.61 | 24.30 | 18.53 | 9.48 | 18.37 | 23.85 | 16.08 | 5.74 | 17.19 | 22.16 | 14.15 |
💰 Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|
| Sales | 21,258 | 16,467 | 14,239 | 9,409 |
| Interest | 398.00 | 299.00 | 201.00 | 174.00 |
| Expenses - | 16,274 | 12,668 | 11,184 | 7,606 |
| Other Income - | 140.98 | 77.78 | 40.49 | 70.70 |
| Depreciation | 1,033 | 697.00 | 658.00 | 527.00 |
| Profit Before Tax | 3,695 | 2,882 | 2,236 | 1,173 |
| Tax % | 23.73 | 23.28 | 23.17 | 24.89 |
| Net Profit - | 2,818 | 2,211 | 1,718 | 881.00 |
| Minority Share | -33.00 | -48.00 | -46.00 | -62.00 |
| Profit Excl Exceptional | 2,818 | 2,211 | 1,718 | - |
| Profit For PE | 2,784 | 2,164 | 1,672 | 818.00 |
| Profit For EPS | 2,784 | 2,164 | 1,672 | 818.00 |
| EPS In Rs | 8.47 | 6.66 | 5.14 | 2.52 |
| PAT Margin % | 13.26 | 13.43 | 12.07 | 9.36 |
| PBT Margin | 17.38 | 17.50 | 15.70 | 12.47 |
| Tax | 877.00 | 671.00 | 518.00 | 292.00 |
| Adj Ebit | 4,092 | 3,180 | 2,437 | 1,347 |
| Adj EBITDA | 5,125 | 3,877 | 3,095 | 1,874 |
| Adj EBITDA Margin | 24.11 | 23.54 | 21.74 | 19.91 |
| Adj Ebit Margin | 19.25 | 19.31 | 17.12 | 14.31 |
| Adj PAT | 2,818 | 2,211 | 1,718 | 881.00 |
| Adj PAT Margin | 13.26 | 13.43 | 12.07 | 9.36 |
| Ebit | 4,092 | 3,180 | 2,437 | 1,347 |
| EBITDA | 5,125 | 3,877 | 3,095 | 1,874 |
| EBITDA Margin | 24.11 | 23.54 | 21.74 | 19.91 |
| Ebit Margin | 19.25 | 19.31 | 17.12 | 14.31 |
| NOPAT | 3,013 | 2,380 | 1,842 | 958.40 |
| NOPAT Margin | 14.18 | 14.45 | 12.93 | 10.19 |
| Operating Profit | 3,951 | 3,102 | 2,397 | 1,276 |
| Operating Profit Margin | 18.59 | 18.84 | 16.83 | 13.56 |
🏦 Balance Sheet
| Metric | Jun 2025 | Dec 2024 | Jun 2024 | Dec 2023 | Jun 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|---|---|
| Accumulated Depreciation | - | 5,400 | - | 4,036 | - | 3,509 | 3,099 | 2,624 | 2,265 | 1,785 |
| Advance From Customers | - | 219.00 | - | 180.00 | - | 203.00 | 79.00 | 173.00 | 113.00 | 69.00 |
| Average Capital Employed | 18,076 | 16,042 | 12,928 | 10,808 | - | 8,342 | 7,194 | 6,790 | 5,794 | 4,618 |
| Average Invested Capital | 16,640 | 14,702 | 12,542 | 10,504 | - | 8,068 | 6,981 | 6,666 | 5,700 | 4,564 |
| Average Total Assets | 22,048 | 19,156 | 16,400 | 13,402 | - | 10,598 | 9,013 | 8,412 | 7,187 | 5,637 |
| Average Total Equity | 13,626 | 11,912 | 7,684 | 6,150 | - | 4,706 | 3,893 | 3,474 | 2,684 | 1,888 |
| Cwip | 591.00 | 1,167 | 942.00 | 1,922 | 531.00 | 607.00 | 497.00 | 67.00 | 64.00 | 352.00 |
| Capital Employed | 20,645 | 19,567 | 15,506 | 12,517 | 10,350 | 9,100 | 7,583 | 6,805 | 6,776 | 4,813 |
| Cash Equivalents | 2,149 | 2,450 | 408.00 | 460.00 | 312.00 | 285.00 | 337.00 | 190.00 | 171.00 | 93.00 |
| Fixed Assets | 15,639 | 13,402 | 12,270 | 8,409 | 8,576 | 6,932 | 6,311 | 6,409 | 6,479 | 4,387 |
| Gross Block | - | 18,802 | - | 12,445 | - | 10,441 | 9,410 | 9,033 | 8,745 | 6,172 |
| Inventory | 3,073 | 2,791 | 2,796 | 2,151 | 2,091 | 1,994 | 1,448 | 929.00 | 882.00 | 578.00 |
| Invested Capital | 18,227 | 17,240 | 15,053 | 12,163 | 10,030 | 8,846 | 7,289 | 6,673 | 6,660 | 4,739 |
| Investments | 135.00 | 60.00 | 44.00 | 21.00 | 8.00 | - | - | - | - | 11.00 |
| Lease Liabilities | 504.00 | 462.00 | 472.00 | 237.00 | 243.00 | 189.00 | 45.00 | - | - | - |
| Loans N Advances | 133.00 | 664.00 | - | 253.00 | - | 288.00 | 187.00 | 192.00 | 128.00 | 103.00 |
| Long Term Borrowings | 579.00 | 841.00 | 3,541 | 3,189 | 1,787 | 1,727 | 1,813 | 1,980 | 2,355 | 1,980 |
| Net Debt | -146.00 | 316.00 | 6,309 | 4,950 | 3,406 | 3,599 | 3,050 | 3,026 | 3,246 | 2,704 |
| Net Working Capital | 1,997 | 2,671 | 1,841 | 1,832 | 923.00 | 1,307 | 481.00 | 197.00 | 117.00 | - |
| Non Controlling Interest | 143.00 | 130.00 | 168.00 | 148.00 | 134.00 | 113.00 | 117.00 | 65.00 | 31.00 | 8.00 |
| Other Asset Items | 1,796 | 1,745 | 1,894 | 1,612 | 1,296 | 1,213 | 579.00 | 420.00 | 480.00 | 345.00 |
| Other Borrowings | - | - | - | - | - | - | - | 523.00 | 595.00 | 450.00 |
| Other Liability Items | 2,701 | 1,778 | 2,465 | 1,732 | 1,967 | 1,491 | 1,205 | 958.00 | 1,009 | 799.00 |
| Reserves | 17,687 | 15,934 | 7,928 | 6,287 | 5,839 | 4,453 | 3,647 | 3,235 | 3,040 | 1,816 |
| Share Capital | 676.00 | 676.00 | 650.00 | 650.00 | 650.00 | 650.00 | 433.00 | 289.00 | 289.00 | 183.00 |
| Short Term Borrowings | 1,055 | 1,524 | 2,747 | 2,005 | 1,697 | 1,968 | 1,529 | 714.00 | 467.00 | 378.00 |
| Short Term Loans And Advances | - | - | - | 21.00 | 1.00 | 20.00 | 8.00 | 6.00 | 9.00 | 6.00 |
| Total Assets | 24,716 | 23,124 | 19,380 | 15,187 | 13,419 | 11,618 | 9,579 | 8,447 | 8,376 | 5,998 |
| Total Borrowings | 2,138 | 2,826 | 6,761 | 5,431 | 3,726 | 3,884 | 3,387 | 3,216 | 3,417 | 2,808 |
| Total Equity | 18,506 | 16,740 | 8,746 | 7,085 | 6,623 | 5,216 | 4,197 | 3,589 | 3,360 | 2,007 |
| Total Equity And Liabilities | 24,716 | 23,124 | 19,380 | 15,187 | 13,419 | 11,618 | 9,579 | 8,447 | 8,376 | 5,998 |
| Total Liabilities | 6,210 | 6,384 | 10,634 | 8,102 | 6,796 | 6,402 | 5,382 | 4,858 | 5,016 | 3,991 |
| Trade Payables | 1,370 | 1,560 | 1,409 | 758.00 | 1,102 | 824.00 | 712.00 | 511.00 | 478.00 | 317.00 |
| Trade Receivables | 1,199 | 1,692 | 1,025 | 718.00 | 604.00 | 598.00 | 442.00 | 484.00 | 346.00 | 256.00 |
💵 Cash Flows
| Metric | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash From Financing Activity | 2,954 | 985.00 | -18.00 | -178.00 | -574.00 | 1,107 | -84.00 | 159.00 |
| Cash From Investing Activity | -4,311 | -3,288 | -1,769 | -1,008 | -472.00 | -2,320 | -937.00 | -746.00 |
| Cash From Operating Activity | 3,381 | 2,391 | 1,790 | 1,231 | 1,012 | 1,308 | 1,000 | 620.00 |
| Cash Paid For Acquisition Of Companies | -200.00 | -10.00 | - | - | - | -8.00 | - | -212.00 |
| Cash Paid For Investment In Subsidaries And Associates | -40.00 | -22.00 | - | - | - | - | - | - |
| Cash Paid For Loan Advances | - | - | - | - | - | - | - | - |
| Cash Paid For Purchase Of Fixed Assets | -3,779 | -3,264 | -1,801 | -835.00 | -560.00 | -754.00 | -859.00 | -533.00 |
| Cash Paid For Purchase Of Investments | - | - | - | - | - | -73.00 | - | -35.00 |
| Cash Paid For Redemption Of Debentures | - | - | - | - | - | - | -300.00 | - |
| Cash Paid For Repayment Of Borrowings | -5,508 | -1,277 | -1,138 | -726.00 | -1,233 | -1,310 | -644.00 | -57.00 |
| Cash Received From Borrowings | 1,957 | 2,783 | 1,478 | 855.00 | 1,020 | 1,958 | 1,400 | - |
| Cash Received From Issue Of Debentures | - | - | - | - | - | - | - | 300.00 |
| Cash Received From Issue Of Shares | 7,512 | 4.00 | - | - | - | 900.00 | 1.00 | 4.00 |
| Cash Received From Sale Of Fixed Assets | 39.00 | 70.00 | 51.00 | 19.00 | 24.00 | 21.00 | 50.00 | 17.00 |
| Cash Received From Sale Of Investments | 2.00 | - | - | - | - | 73.00 | - | 35.00 |
| Change In Inventory | -479.00 | -160.00 | -557.00 | -519.00 | -47.00 | -185.00 | -151.00 | 45.00 |
| Change In Other Working Capital Items | -57.00 | -440.00 | 95.00 | 236.00 | 12.00 | 132.00 | 114.00 | -207.00 |
| Change In Payables | - | - | - | - | - | - | - | - |
| Change In Receivables | -133.00 | -73.00 | -123.00 | 15.00 | -76.00 | -32.00 | -13.00 | -34.00 |
| Change In Working Capital | -669.00 | -673.00 | -585.00 | -269.00 | -111.00 | -85.00 | -50.00 | -197.00 |
| Direct Taxes Paid | -728.00 | -668.00 | -373.00 | -124.00 | -78.00 | -120.00 | -73.00 | -57.00 |
| Dividends Paid | -325.00 | -227.00 | -162.00 | -108.00 | -72.00 | -69.00 | -46.00 | -46.00 |
| Dividends Received | - | - | - | - | - | - | - | - |
| Interest Paid | -465.00 | -269.00 | -172.00 | -179.00 | -277.00 | -303.00 | -189.00 | -156.00 |
| Interest Received | 28.00 | 22.00 | 23.00 | 13.00 | 9.00 | 5.00 | 6.00 | 5.00 |
| Net Cash Flow | 2,024 | 88.00 | 4.00 | 46.00 | -33.00 | 95.00 | -22.00 | 32.00 |
| Other Cash Financing Items Paid | -217.00 | -30.00 | -23.00 | -19.00 | -11.00 | -69.00 | -308.00 | 113.00 |
| Other Cash Investing Items Paid | -361.00 | -85.00 | -42.00 | -205.00 | 55.00 | -1,583 | -134.00 | -23.00 |
| Profit From Operations | 4,778 | 3,732 | 2,749 | 1,624 | 1,200 | 1,513 | 1,123 | 873.00 |
🧾 Shareholding Pattern
| Nse Code | Date | Promoters | Fii | Dii | Public | Others |
|---|---|---|---|---|---|---|
| Vbl | 2025-06-30 | - | 21.86 | 10.52 | 7.80 | 0.00 |
| Vbl | 2025-03-31 | - | 22.98 | 9.19 | 7.59 | 0.00 |
| Vbl | 2024-12-31 | - | 25.27 | 7.00 | 7.52 | 0.00 |
| Vbl | 2024-09-30 | - | 24.18 | 4.97 | 8.19 | 0.00 |
💬
Stock Chat