Varun Beverages Ltd.
VBL
Varun Beverages is the second largest franchisee in the world (outside US) of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo and a key player in the beverage industry. The company produce and distribute a wide range of CSDs, as well as a large selection of NCBs, including packaged drinking water. PepsiCo CSD brands sold by the company include Pepsi, Diet Pepsi, Seven-Up, Mirinda Orange, Mirinda Lemon, Mountain Dew, Seven-Up Nimbooz Masala Soda, Evervess Soda, Duke’s Soda and Sting. PepsiCo NCB brands sold by the company include Tropicana (100%, Essentials & Delight), Tropicana Slice, Tropicana Frutz, Seven-Up Nimbooz, Gatorade and Quaker Oat Milk as well as packaged drinking water under the brand Aquafina. In addition, the company also been granted the franchise for Ole brand of PepsiCo products in Sri Lanka.
Shareholding Pattern
| On | Ind. Pro. | Fore. Pro. | FII/FPI | Mutual Funds | Banks | Insurance | Others | Non/Institution |
|---|---|---|---|---|---|---|---|---|
| 2024-12 | 60.2 | 0 | 25.27 | 4.08 | 0.05 | 1.8 | 1.07 | 7.52 |
| 2024-09 | 62.66 | 0 | 24.19 | 2.63 | 0.04 | 1.69 | 0.62 | 8.18 |
| 2024-06 | 62.66 | 0 | 25.32 | 2.42 | 0 | 1.62 | 0.50 | 7.47 |
| 2024-03 | 62.91 | 0 | 25.79 | 2.26 | 0 | 1.52 | 0.36 | 7.16 |
| 2023-12 | 63.09 | 0 | 26.58 | 2.31 | 0 | 0.95 | 0.32 | 6.75 |
| 2023-09 | 63.1 | 0 | 27.55 | 2.22 | 0 | 0.89 | 0.25 | 6 |
| 2023-06 | 63.62 | 0 | 26.71 | 2.37 | 0 | 0.56 | 0.23 | 6.51 |
| 2023-03 | 63.9 | 0 | 26 | 2.71 | 0.02 | 0.72 | 0.23 | 6.42 |
| 2022-12 | 63.9 | 0 | 26.45 | 2.93 | 0.03 | 0.31 | 0.17 | 6.22 |
Results
| On | Income from Inv. | Int. on Bank Bal. | Int. on Advances | Other Int. | Interest Earned | Interest Exp. | Net Interest Income | Expenditure | Operating Income | Other Income | Prov. & Contingencies | PBT | Tax | PAT | Net Profit | Consolidated Net Profit | Adjusted EPS(Rs.) | Gross NPA | Gross NPA(%) | Net NPA | Net NPA(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-09 | 0 | 0 | 0 | 0 | 4932.06 | 118.53 | 4813.53 | 3780.94 | 1175.37 | 24.25 | 0 | 800.23 | 171.31 | 628.92 | 628.92 | 619.61 | 1.91 | 0 | 0% | 0 | 0% |
| 2024-06 | 0 | 0 | 0 | 0 | 7333.67 | 129.16 | 7204.51 | 5342.45 | 2035.24 | 44.03 | 0 | 1663.61 | 401.24 | 1262.37 | 1262.37 | 1252.6 | 3.86 | 0 | 0% | 0 | 0% |
| 2024-03 | 0 | 0 | 0 | 0 | 4397.98 | 93.69 | 4304.29 | 3409.22 | 997.11 | 8.35 | 0 | 715.91 | 167.77 | 548.14 | 548.14 | 537.27 | 1.65 | 0 | 0% | 0 | 0% |
| 2023-12 | 0 | 0 | 0 | 0 | 2730.98 | 73.66 | 2657.32 | 2312.7 | 427.4 | 9.12 | 0 | 187.77 | 44.22 | 143.55 | 143.55 | 131.97 | 0.41 | 0 | 0% | 0 | 0% |
| 2023-09 | 0 | 0 | 0 | 0 | 3937.76 | 62.5 | 3875.26 | 3055.62 | 900.65 | 18.51 | 0 | 667.34 | 152.86 | 514.48 | 514.48 | 501.07 | 1.54 | 0 | 0% | 0 | 0% |
| 2023-06 | 0 | 0 | 0 | 0 | 5699.73 | 69.37 | 5630.37 | 4188.71 | 1552.62 | 41.6 | 0 | 1311.33 | 305.67 | 1005.66 | 1005.66 | 993.81 | 3.06 | 0 | 0% | 0 | 0% |
| 2023-03 | 0 | 0 | 0 | 0 | 3952.59 | 62.57 | 3890.02 | 3154.55 | 808.17 | 10.14 | 0 | 573.4 | 134.8 | 438.6 | 438.6 | 429.07 | 1.32 | 0 | 0% | 0 | 0% |
| 2022-12 | 0 | 0 | 0 | 0 | 2257.2 | 47.48 | 2209.72 | 1949.7 | 316.75 | 9.25 | 0 | 89.61 | 8.08 | 81.53 | 81.53 | 74.75 | 0.23 | 0 | 0% | 0 | 0% |
| 2022-09 | 0 | 0 | 0 | 0 | 3248.3 | 45.29 | 3203.02 | 2549.32 | 709.61 | 10.62 | 0 | 511.18 | 115.7 | 395.49 | 395.49 | 381.04 | 1.17 | 0 | 0% | 0 | 0% |
| 2022-06 | 0 | 0 | 0 | 0 | 5017.57 | 46.4 | 4971.18 | 3766.96 | 1261.09 | 10.48 | 0 | 1061.62 | 259.61 | 802.01 | 802.01 | 787.44 | 2.42 | 0 | 0% | 0 | 0% |