Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
PepsiCo's dominant franchise bottler, manufacturing and distributing Pepsi, Mountain Dew, 7UP, Mirinda, Slice, Tropicana, Sting energy drink and Aquafina water across most of India plus international territories (Nepal, Sri Lanka, Morocco, Zambia, Zimbabwe and a major recent expansion into South Africa and other African markets). Revenue is driven by beverage volumes (seasonally peaking in Indian summer), the high-growth Sting energy brand, and territory additions.
One of the largest PepsiCo bottlers globally outside the US, handling around 90% of PepsiCo's India beverage volumes.
Varun Beverages Ltd. is a constituent of NIFTY 100, NIFTY 200, NIFTY 500, NIFTY FMCG, NIFTY NEXT 50. See where it sits on the market heatmap →
Consolidated annual figures taken from Varun Beverages Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is 2025 (year ended 31 Dec 2025).
| Metric | 2025 | FY25 | 2024 |
|---|---|---|---|
| EPS (basic, ₹) | 8.98 | 8.98 | 7.95 |
| Book value / share (₹) | 58.37 | — | 49.50 |
| Return on equity | 15.4% | 15.4% | 15.5% |
| Return on capital employed | 17.8% | 17.8% | 20.2% |
| Operating margin | 17.3% | 17.3% | 18.4% |
| Net margin | 13.8% | 13.8% | 12.9% |
| EBITDA | ₹5,049 Cr | ₹5,049 Cr | ₹4,711 Cr |
| Free cash flow | ₹770 Cr | ₹770 Cr | ₹-398 Cr |
| Total debt | ₹2,508 Cr | ₹2,024 Cr | ₹2,826 Cr |
| Debt to equity | 0.13 | 0.10 | 0.17 |
| Interest coverage | 22.6 | 22.6 | 8.4 |
| Current ratio | 1.94 | 1.94 | 1.74 |
| Shares outstanding | 3,38,19,90,000 | — | 3,38,15,10,000 |
Open the full income statement, balance sheet and cash flow for VBL →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.