VBL

Varun Beverages Share PriceVarun Beverages

₹1,089.05
-15.95 (-1.44%)
  • Advice
  • Hold
As on 03 December, 2023 | 20:47 BSE: 540180 NSE: VBLISIN: INE200M01021

Varun Beverages Performance

Day Range

  • Low 1,085.65
  • High 1,126.00
₹ 1,089.05

52 Week Range

  • Low 550.00
  • High 1,129.70
₹ 1,089.05
  • Open Price1,110.00
  • Previous Close1,105.00
  • Volume1371021

Start SIP in Varun Beverages

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Varun Beverages Share Price

  • Over 1 Month 18.6%
  • Over 3 Month 19.62%
  • Over 6 Month 28.96%
  • Over 1 Year 72.29%

Varun Beverages Key Statistics

P/E Ratio 70.8
PEG Ratio 1.8
Market Cap Cr 141,491
Price to Book Ratio 27.1
EPS 10
Dividend 0.2
Relative Strength Index 71.01
Money Flow Index 76.37
MACD Signal 32.5
Average True Range 30.5

Varun Beverages Investment Rating

  • Master Rating:
  • Varun Beverages ltd has an operating revenue of Rs. 15,589.13 Cr. on a trailing 12-month basis. An annual revenue growth of 49% is outstanding, Pre-tax margin of 15% is great, ROE of 29% is exceptional. The company has a reasonable debt to equity of 34%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 32% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 93 which is a GREAT score indicating consistency in earnings, a RS Rating of 71 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 67 indicates it belongs to a poor industry group of Beverages-Non-Alcoholic and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Varun Beverages Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,8924,6723,2221,5442,5024,3662,184
Operating Expenses Qtr Cr 2,1853,3642,5501,3682,0013,2631,785
Operating Profit Qtr Cr 7071,3086721765011,103399
Depreciation Qtr Cr 128129136147111125101
Interest Qtr Cr 56625743323543
Tax Qtr Cr 13929412619523880
Net Profit Qtr Cr 41686837359288728195
IndicatorDec 2022
Total Revenue Annual Cr 10,740
Operating Expenses Annual Cr 8,418
Operating Profit Annual in Cr 2,178
Depreciation Cr 483
Interest Annual Cr 154
Tax Annual Cr 414
Net Profit Annual Cr 1,270
IndicatorDec 2022
Cash from Operating Activity Annual Cr 1,559
Cash from Investing Activity Annual Cr -1,509
Cash from Financing Annual Activity Cr -26
Net Cash Flow Annual Cr 23
IndicatorDec 2022
Total ShareHolders Funds Annual Cr 5,517
Fixed Assets Annual Cr 6,292
Total Non Current Assets Annual Cr 8,617
Total Current Assets Annual Cr 2,452
Total Assets Annual Cr 11,069
IndicatorDec 2022
Book Value Per Share Annual Rs 85
ROE Annual % 23
ROCE Annual % 24
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 22
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,8715,6113,8932,2143,1774,9552,827
Operating Expenses Qtr Cr 2,9884,1003,0951,9072,4783,7042,296
Operating Profit Qtr Cr 8821,5117983086991,251531
Depreciation Qtr Cr 171172172180153153131
Interest Qtr Cr 63696347454647
Tax Qtr Cr 153306135811626090
Net Profit Qtr Cr 50199442975381787254
IndicatorDec 2022
Total Revenue Annual Cr 13,212
Operating Expenses Annual Cr 10,385
Operating Profit Annual in Cr 2,788
Depreciation Cr 617
Interest Annual Cr 186
Tax Annual Cr 474
Net Profit Annual Cr 1,497
IndicatorDec 2022
Cash from Operating Activity Annual Cr 1,790
Cash from Investing Activity Annual Cr -1,705
Cash from Financing Annual Activity Cr -18
Net Cash Flow Annual Cr 67
IndicatorDec 2022
Total ShareHolders Funds Annual Cr 5,102
Fixed Assets Annual Cr 7,515
Total Non Current Assets Annual Cr 8,214
Total Current Assets Annual Cr 3,404
Total Assets Annual Cr 11,618
IndicatorDec 2022
Book Value Per Share Annual Rs 80
ROE Annual % 29
ROCE Annual % 29
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 21

Varun Beverages Technicals

EMA & SMA

Current Price
₹1,089.05
-15.95 (-1.44%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,031.31
  • 50 Day
  • ₹978.60
  • 100 Day
  • ₹923.67
  • 200 Day
  • ₹836.35
  • 20 Day
  • ₹1,029.32
  • 50 Day
  • ₹966.22
  • 100 Day
  • ₹913.58
  • 200 Day
  • ₹825.00

Varun Beverages Resistance and Support

PIVOT
₹1,100.24
Resistance
First Resistance 1,114.82
Second Resistance 1,140.58
Third Resistance 1,155.17
RSI 71.01
MFI 76.37
MACD Single Line 32.50
MACD 36.68
Support
First Resistance 1,074.47
Second Resistance 1,059.88
Third Resistance 1,034.12

Varun Beverages Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,484,201 88,814,588 59.84
Week 2,297,357 141,586,097 61.63
1 Month 2,123,188 114,078,899 53.73
6 Month 2,085,150 123,711,967 59.33

Varun Beverages Result Highlights

Varun Beverages Synopsis

NSE-Beverages-Non-Alcoholic

Varun Beverages Ltd. is involved in the business activities of Manufacture of soft drinks; production of mineral waters and other bottled waters. Company’s Total Operating Revenue is Rs. 10595.83 Cr. and Equity Capital is Rs. 649.55 Cr. for the Year ended 31/12/2022. Varun Beverages Ltd. is a Public Limited Listed company incorporated on 16/06/1995 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1995PLC069839 and registration number is 069839.
Market Cap 141,491
Sales 12,331
Shares in Float 48.07
No of funds 993
Yield 0.21
Book Value 25.64
U/D Vol ratio 0.9
LTDebt / Equity 30
Alpha 0.2
Beta 0.66

Varun Beverages

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 63.1%63.62%63.9%63.9%
Mutual Funds 2.22%2.37%2.71%2.93%
Insurance Companies 0.89%0.56%0.72%0.31%
Foreign Portfolio Investors 27.55%26.71%26%26.45%
Financial Institutions/ Banks 0.02%0.03%
Individual Investors 4.28%4.52%4.22%4.09%
Others 1.96%2.22%2.43%2.29%

Varun Beverages Management

Name Designation
Mr. Ravi Kant Jaipuria Non Executive Chairman
Mr. Varun Jaipuria Exe.Vice Chairman & Whole Time Director
Mr. Raj Pal Gandhi Executive & Wholetime Director
Mr. Rajinder Jeet Singh Bagga Executive & Wholetime Director
Dr. Naresh Kumar Trehan Ind. Non-Executive Director
Mr. Pradeep Sardana Ind. Non-Executive Director
Ms. Sita Khosla Ind. Non-Executive Director
Dr. Ravi Gupta Ind. Non-Executive Director
Ms. Rashmi Dhariwal Ind. Non-Executive Director

Varun Beverages Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Varun Beverages Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-03 Quarterly Results & Interim Dividend
2023-05-02 Quarterly Results & Stock Split
2023-02-06 Audited Results & Final Dividend
2022-11-01 Quarterly Results
Date Purpose Remarks
2023-08-16 INTERIM Rs.1.25 per share(25%)Interim Dividend
2023-04-12 FINAL Rs.1.00 per share(10%)Final Dividend
2022-08-12 INTERIM Rs.2.50 per share(25%)Interim Dividend
2021-08-12 INTERIM Rs.2.50 per share(25%)Interim Dividend
Date Purpose Remarks
2022-06-07 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 10/-..
2021-06-12 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 10/-.
Date Purpose Remarks
2023-06-15 Split Rs.0.00 split from Rs. 10/- to Rs. 5/-.

Varun Beverages MF Shareholding

Name Amount(cr)
Nippon India Growth Fund - Growth 19,082
HSBC Value Growth 9,289
PGIM India Midcap Opportunities Fund Regular Growth 9,102
PGIM India Flexi Cap Fund Regular Growth 8,856
Sundaram Mid Cap Growth 8,478

Varun Beverages FAQs

What is Share Price of Varun Beverages ?

Varun Beverages share price is ₹1,089 As on 03 December, 2023 | 20:33

What is the Market Cap of Varun Beverages ?

The Market Cap of Varun Beverages is ₹141491 Cr As on 03 December, 2023 | 20:33

What is the P/E ratio of Varun Beverages ?

The P/E ratio of Varun Beverages is 70.8 As on 03 December, 2023 | 20:33

What is the PB ratio of Varun Beverages ?

The PB ratio of Varun Beverages is 27.1 As on 03 December, 2023 | 20:33

Q2FY23