Varun Beverages Ltd. Share Price

Overview

Varun Beverages Ltd. share price is currently ₹412.25, down by - ₹0.48 (0.12%) from its previous closing price of ₹412.73. The share price has declined -2.94% over the past month and declined -11.62% over the past year. The stock's 52-week low and high are ₹374.65 and ₹548.03, respectively. Varun Beverages Ltd. has a market capitalisation of ₹ 1,40,000.00 Cr. The share price was last updated on 18 Sep 2026, 01:13 PM IST.

Varun Beverages Ltd.
Varun Beverages Ltd.
VBL
 0.00
- 0.48
0.12%
FMCG
 0.00(%)1D

Updated: 18 Sep 2026, 01:13:01 pm IST

Market Data

Open Price

 407.36

Prev. Close

 412.73
 407.36

Day Low

 414.89

Day High

 374.65

52 Week Low

 548.03

52 Week High

FMCGConsumer Food
CategoryLarge Cap

Fundamentals

Quick Bite

Price To Earnings Ratio

41.18

Sector PE

30.64

PB Ratio

7.13

Sector PB

7.10

EPS

10.01

Dividend Yield

0.31

Today's Volume

3.666 M

5 Day Avg. Volume

4.766 M

PEG Ratio

2.42

Market Cap.

₹ 1,40,000.00 Cr.

StockGro Trade views

Technical Analysis

Forecasts 🧭

Financials

Corporate Actions

ActionsEx-DateRecord-Date
DividendsInterim Dividend of 25% at ₹0.5/Share
31-Jul-202601-Aug-2026
DividendsInterim Dividend of 25% at ₹0.5/Share
30-Apr-202601-May-2026
DividendsFinal Dividend of 25% at ₹0.5/Share
08-Apr-202608-Apr-2026
DividendsInterim Dividend of 25% at ₹0.5/Share
01-Aug-202502-Aug-2025

Mutual Fund Ownership

Mutual Fund Holder
Jul 26
Shares held
Aug 26
Shares held
SBI Large Cap Fund - Regular Plan - Growth2.45 Cr
2.45 Cr
no change
Nippon India Growth Mid Cap Fund - Growth Option1.90 Cr
2.25 Cr
(18.42%)
SBI Flexicap Fund - Regular Plan - Growth1.05 Cr
1.04 Cr
(1.76%)
Mirae Asset Large Cap Fund - Regular Plan - Growth77.71 Lac
83.83 Lac
(7.87%)
Kotak Arbitrage Fund - Growth25.93 Lac
82.63 Lac
(218.63%)

About Varun Beverages Ltd. 👋

Varun Beverages Limited is an India-based company, which is a franchisee of PepsiCo. It produces and distributes a range of carbonated soft drinks (CSDs), as well as non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo. PepsiCo CSD brands produced and sold by the Company include Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Seven-Up Nimbooz Masala Soda and Evervess. PepsiCo NCB brands produced and sold by it include Tropicana Slice, Tropicana Juices (100% and Delight), Seven-Up Nimbooz, Gatorade as well as packaged drinking water under the brand Aquafina. It is also engaged in co-manufacturing of Kurkure puffcorn in India.Its subsidiaries include Varun Beverages (Nepal) Private Limited, The Beverage Company Proprietary Limited, and Varun Beverages Lanka (Private) Limited, and others.

Expert Opinions

Insights from SEBI-registered analysts · updated live

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Sanjay Ahuja

Sanjay Ahuja

16 Sep • 4:53 PM · SEBI-Registered Analyst

VARUN BEVERAGES LAUNCHES TWO NEW DRINKS IN KENYA

VBL
through it's wholly-owned subsidiary, VBL Industries (Kenya) Limited, has officially expanded it's product footprint in Kenya with the launch of two new brands - 'BOLT UP' and 'XTREME FIZZ'. These brands were unveiled at a partner event in Nairobi themed 'The Next Wave', signaling the company's long-term growth ambition and deepening investment in the East African beverage sector. The immediate introduction of new products will likely boost capacity utilization in the newly integrated Kenyan facilities. Over the medium term, a favorable change in product mix toward energy drinks is expected to support overall regional gross margins, offsetting high initial marketing and digital campaign costs.

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SAURABH SAHU

SAURABH SAHU

14 Sep • 10:06 PM · SEBI-Registered Analyst

🚨 VARUN BEVERAGES: EXPANDS KENYA PORTFOLIO🥤

Varun Beverages Limited’s wholly-owned subsidiary VBL Industries (Kenya) Limited has launched two new beverage brands in Kenya — BOLT UP and XTREME FIZZ. 📈 📌 Key Highlights: • ⚡ BOLT UP — New energy drink targeting young & active consumers • 🥤 XTREME FIZZ — New carbonated soft drink brand • 🇰🇪 Launch unveiled at a partner event in Nairobi • 🚚 Focus on expanding distribution & retail presence across Kenya • 🛒 Targeting both traditional retail outlets and modern trade • 📱 Consumer sampling, youth-focused activations & digital campaigns planned • 🌍 Strengthens VBL’s long-term African growth strategy 💡 Strategic Impact: The launch expands VBL Kenya’s product portfolio while giving the company an entry into the Kenyan energy-drink segment and strengthening its presence in carbonated soft drinks. 📊 Investor Relevance: Expansion of distribution capacity, new product categories and deeper African market penetration could support VBL’s long-term international growth strategy. For information & educational purposes only. Not investment advice. 👍 Like | 🔄 Share | ➕ Follow AFS Trading Edge

VBL

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Hruthik N

Hruthik N

14 Sep • 2:00 PM · SEBI-Registered Analyst

Godrej Consumer Products (GCPL): A Stock in Real Trouble

Current price: Around ₹859-863 (as of Sept 9, 2026), trading right near its 52-week low of ₹855-859 Price performance, and it's genuinely bad: Down roughly 15-18% in the last month alone Down -29-31% over the past year Down -20-23% over the last 6 months The stock hit a fresh 52-week low of ₹859.50 just recently, having fallen from a 52-week high of ₹1,308.40 (touched back in September 2025) that's a decline of over 34% from peak What's driving this: A new CEO, Aasif Malbari, recently took over and presented a five-year performance review along with a FY27 growth strategy but rather than reassuring the market, the stock fell further after the presentation, suggesting investors weren't convinced by the roadmap Persistent demand weakness the company's core categories are described as "under-indexed," meaning underlying growth hasn't been strong enough to offset broader consumer slowdown concerns This is part of a broader FMCG sector correction most large-cap names (Colgate, Britannia, Emami, Varun Beverages) are also down over the past month, so this isn't purely company-specific pain, but

GODREJCP
's decline is sharper than most peers What might offer some support: Brokerages have stayed constructive despite the fall, one recent report reiterated a BUY rating with a target of ₹1,150, based on FY28 earnings estimates, implying they see this as overdone in the near term ROE around 16-18% and ROCE near 19-21% aren't broken numbers the business fundamentals haven't collapsed, even if sentiment has Trading near its 52-week low could represent a value opportunity if the new CEO's strategy starts showing results

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Mayank Kumar

Mayank Kumar

14 Sep • 3:35 AM · SEBI-Registered Analyst

VBL remains a strong long-term FMCG growth story,

VBL
VBL remains a strong long-term FMCG growth story, 🟢 Latest Q1 FY27 Revenue: ~₹8,650 crore, +21% YoY PAT: ~₹1,521 crore, +15.5% Sales volume: +19.8% to 466.7 million cases India volumes: +14.4% International volumes: +38.4%, helped by Twizza. The biggest positive is that volume growth remains strong, rather than the business relying only on price increases. 🚀 Major future triggers 1. PepsiCo partnership: VBL has extended its exclusive PepsiCo bottling and trademark licence agreement in India until April 2049. Importantly, the earlier restriction requiring VBL to operate solely as an SPV for PepsiCo has been removed, giving VBL greater flexibility to pursue adjacent opportunities. 2. International expansion: The Twizza acquisition in South Africa has strengthened VBL's African manufacturing and distribution network. VBL is also entering Kenya through the acquisition of Devyani Food Industries' dairy, juice and packaged-water business. 3. New categories: VBL has partnered with Asahi to introduce CALPIS in India and is expanding beyond carbonated soft drinks into dairy/functional beverages, energy drinks and other categories. 4. Alcoholic beverages: This is a new optionality. VBL's board approved entry into ready-to-drink alcoholic beverages through a wholly owned subsidiary, Kiva Spirits and Company, led by a former Diageo executive. 🔴 Key risks Competition from Campa Cola: Reliance's Campa Cola is becoming an important competitor in India's soft-drink market. The recent Q1 disappointment triggered concerns that competitive intensity and international acquisitions could pressure margins. Margin pressure: Although revenue grew ~21%, profit grew only ~15.5%. The Twizza integration and international expansion can initially dilute margins. Valuation: VBL has historically traded at a premium because of its PepsiCo relationship and strong growth. Therefore, even a good business can see a sharp correction if earnings growth falls below expectations.

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Vineet Chawla

Vineet Chawla

13 Sep • 9:30 AM · SEBI-Registered Analyst

Swing Bullish Strategy – Eagle Momentum (Weekly)

Swing Bullish Strategy – Eagle Momentum (Weekly)

VBL
has been outperformed Nifty 500 over last 1 week. The Weekly Eagle Momentum strategy focuses on identifying stocks showing strong short-term relative strength compared to the broader market. It selects stocks that have outperformed the benchmark over the last 1 week, indicating strong buying interest and emerging momentum. Traders use this strategy to identify stocks that may continue their short-term upward momentum, making them suitable candidates for swing trades. Traders typically combine this with price structure, volume strength, and support levels to identify potential entries while maintaining disciplined risk management. Disclaimer: Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors. The above analysis is for educational and learning purpose. SEBI Registered Research Analyst: Vineet Ashwinikumar Chawla: INH000008190, BSE Enlistment No: 5433

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Nikita (SEBI RA)

Nikita (SEBI RA)

12 Sep • 3:59 PM · SEBI-Registered Analyst

“Why Trading Performance Should Be Measured Over a Series”

One trade cannot accurately define a trading strategy or a trader's ability. A profitable trade can occur even when the decision was poorly executed, while a losing trade can occur despite following the trading plan correctly. This is why performance should be evaluated across a meaningful series of trades. Traders can review their win rate, average gain, average loss, risk consistency, execution quality and adherence to their predefined rules. Looking at a larger sample can provide a more useful picture of whether the strategy is producing the expected results. A series-based approach also reduces the emotional impact of individual outcomes. Instead of changing the strategy after one loss or becoming overconfident after one large win, the trader can focus on whether the overall process remains consistent. Learning: Trading performance should be judged through repeated execution and accumulated evidence, not through isolated results.

VBL

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