Varun Beverages Share Price: Varun Beverages Limited is one of the largest bottlers of PepsiCo products globally, operating in India and various international markets. It produces and distributes beverages such as Pepsi, 7UP, Mountain Dew and Aquafina.
Here, we will outline stock price targets for 2025, 2026 and projections up to 2030 using a machine learning approach based on historical performance data.
Table of Contents
Varun Beverages Company Overview
- Company Name – Varun Beverages Ltd.
- Founded – 1995
- Headquarters – Gurgaon, Haryana
- Industry – Food and Beverage
- Chairman – Ravi Jaipuria
- Stock Exchange Listing – NSE & BSE
- Official Website – varunbeverages.com
Varun Beverages Analysis
- Market Cap – ₹1,82,398.65 Cr.
- ROE – 28.22%
- ROCE – 25.09%
- P/E Ratio – 81.78
- P/B Ratio – 11.03
- Div. Yield – 0.19%
- Book Value – ₹48.92
- Face Value – 2
- EPS (TTM) – ₹6.60
- 52 Week High – ₹682.84
- 52 Week Low – ₹492.60
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Varun Beverages Financials
Income Statement
| INR | 2023 | Y/Y Change |
|---|---|---|
| Revenue | 160.43B | 21.78% |
| Operating Expense | 55.35B | 19.70% |
| Net Income | 20.56B | 37.30% |
| Net Profit Margin | 12.82 | 12.75% |
| Earnings Per Share | 6.33 | 37.27% |
| EBITDA | 37.47B | 32.54% |
| Effective Tax Rate | 23.27% | — |
Balance Sheet
| INR | 2023 | Y/Y Change |
|---|---|---|
| Cash and Short-term Investments | 4.57B | 60.33% |
| Total Assets | 151.87B | 30.72% |
| Total Liabilities | 81.03B | 26.55% |
| Total Equity | 70.85B | — |
| Shares Outstanding | 3.25B | — |
| Price to Book | 24.59 | — |
| Return on Assets | 14.47% | — |
| Return on Capital | 17.94% | — |
Cash Flow
| INR | 2023 | Y/Y Change |
|---|---|---|
| Net Income | 20.56B | 37.30% |
| Cash from Operations | 23.91B | 33.56% |
| Cash from Investing | -32.90B | -93.00% |
| Cash from Financing | 9.85B | 5,589.35% |
| Net Change in Cash | 878.80M | 2,353.38% |
| Free Cash Flow | -13.31B | -866.69% |
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Varun Beverages Share Price Target 2025 to 2030
| Year | Target Price |
|---|---|
| Varun Beverages Share Price Target 2025 | ₹721 |
| Varun Beverages Share Price Target​ 2026 | ₹1053 |
| Varun Beverages Share Price Target 2027 | ₹2160 |
| Varun Beverages Share Price Target 2028 | ₹2512 |
| Varun Beverages Share Price Target 2029 | ₹2935 |
| Varun Beverages Share Price Target 2030 | ₹3130 |
Varun Beverages Shareholding Pattern
- Retail & Other: 7.52%
- Promoters: 60.20%
- Foreign Institutions: 25.26%
- Mutual Funds: 4.08%
- Other Domestic Institutions: 2.93%
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Varun Beverages Competitors/Peer Companies
- Bikaji Foods International
- Godrej Agrovet
- Zydus Wellness
- Mrs. Bectors Food Specialities
- Avanti Feeds
- Manorama Industries
- Gopal Snacks
- ADF Foods
- Tasty Bite Eatables
- Prataap Snacks
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