Varun Beverages Share is a bullish trend in the share market. During share ups and downs, you should know all about share details before investing. In this blog, we are going to discuss Varun Beverages Share Price Target 2025, 2027, 2028, 2030, 2040. We will try to analyze the share base in the company’s overall performance.
We also look after the company’s profit growth in the last 5 years, the last 5 year’s sales growth, and the last 5 years’ ROE percentage similarly we also compare the Share growth, the share price return amount of the share become increasing or decreased through the last 5 year’s. We also take advice from experts about which time we should invest in the share it may be helpful for you also. Let’s have a look at Varun Beverages Share Price Target from 2025 to 2040.
Contents
- 1 Overview Of Varun Beverages Limited
- 2 Fundamental Analysis Of Varun Beverages Limited
- 3 Varun Beverages Share Price Target 2025
- 4 Varun Beverages Share Price Target 2027
- 5 Varun Beverages Share Price Target 2028
- 6 Varun Beverages Share Price Target 2030
- 7 Varun Beverages Share Price Target 2040
- 8 The Few Year’s Performance Of Varun Beverages Limited
- 9 Discussion About Share Holding Pattern Of Varun Beverages Limited
- 10 Peers Company Of Varun Beverages Limited
- 11 Varun Beverages Share Price Target Prediction In The Last Few Years
- 12 What Is Expert Advise To Invest In Varun Beverages Share Right Now?
- 13 Dividend History Of Varun Beverages Limited
- 14 FAQ
- 14.1 What is the main function of Varun Beverages Limited?
- 14.2 Who is the CEO of Varun Beverages Limited?
- 14.3 What is the Varun Beverages Share Price Target for 2025?
- 14.4 What is the Varun Beverages Share Price Target for 2027?
- 14.5 What is the Varun Beverages Share Price Target for 2028?
- 14.6 What is the Varun Beverages Share Price Target for 2030?
- 14.7 What is the Varun Beverages Share Price Target for 2040?
- 15 Conclusion
Overview Of Varun Beverages Limited
Varun Beverages Limited was founded in the year 1995. The company’s main function is the manufacturing of bottles and distribution of beverages. The company is an Indian multinational company that is the largest bottling company of PepsiCo’s beverages in the world and outside of India in the United States. The company spread its PepsiCo bottle in 27 states.
Fundamental Analysis Of Varun Beverages Limited
| Company Name | Varun Beverages Limited |
| Market cap | ₹1,96,899.36 Crore |
| Book Value | ₹27.96 |
| Face Value | ₹2 |
| 52 Week High | ₹683.25 |
| 52 Week Low | ₹397.56 |
| DIV. YIELD | 0.19% |
| P/B | 22.01 |
| P/E | 87.96 |
| ROE | 29.23% |
| ROA | 15.02% |
Varun Beverages Share Price Target 2025 range may vary from ₹619.41 to ₹753.58.
- Increases EBITDA Amount
- The EBITDA amount was ₹27,896 Crore in 2022, which increased to ₹36,125 Crore in 2023. The PAT amount was ₹15,601.23 Crore in 2022, which increased to ₹21,030 Crore in 2023. From 2016, the company’s sales volume increased to 276.85 cases.
- Products Diversification
- The company classified the carbonated drinks into Pepsi, lemon, orange, 7-up, Mountain Dew, etc segments.
- Spread Of Outlets
- Varun Beverages Limited has outlets in different 6 countries including South Asia, Nepal, Sri Lanka, and some African Nations the total outlets number is 3.8 Million. The total target consumer number is 1.4 Billion.
| Year | Varun Beverages Share Price Target 2025 |
| 1st Price Target | ₹619.41 |
| 2nd Price Target | ₹753.58 |
Risk Factors
- Legal requirements to disclose negative information on product labels may affect the company’s growth.
- There are many competitor companies so there are many difficulties in maintaining continuous profit growth.
Also Read – Vedanta Share Price Target
Varun Beverages Share Price Target 2027 range may vary from ₹1,040.23 to ₹1,198.45.
- Enduring Partnership With Pepsico
- Varun Beverages has 32 years of business association with Pepsico which has 90% beverage sales volume in India. In the year 2022, the company agreed to manufacture Kurkure, puffcorn for PepsiCo India Holdings. Which is helpful for the company’s profit growth and share growth also.
- Increases Of Soft -Drinks Sales Volume
- Due to lifestyle changes of Indian Citizens, the sales volume rate of Soft-Drinks increases day by day. In the year 2022, 70% of volumes came from selling Carbonated Soft Drinks, 24% of volumes came from selling packages of drinking water and the remaining 6% of volumes came from selling Non-Carbonated Beverages. Which is parallaly associated with the company’s profit growth.
- Presence In The International Market
- Out of the total, selling percentage of the company 81% of the volume came from India and the rest percentage came from the International market. The company is presently spreading its products in 5 International Market also. From the Net Revenue of the company, 79% revenue comes from India and 21% revenue comes from International countries. For those reasons, the company always maintains its good product quality which is very important for the company’s growth.
| Year | Varun Beverages Share Price Target 2027 |
| 1st Price Target | ₹1,040.23 |
| 2nd Price Target | ₹1,198.45 |
Risk Factors
- In the last few months, Varun Beverages Share declined a little bit because one of the important brands Pepsico declined its bottling price rate in Maharashtra, Telangana. In the year 2022, the company announced a huge KPC for the expansion of the brands Coca-Cola and Pepsico in this situation the price cut may affect the company’s share price also.
- Any changes in consumer tastes may decrease the demand for the products which may affect the company’s growth.
Varun Beverages Share Price Target 2028 range may vary from ₹1,314.03 to ₹1,548.49.
- Growth Of Share Price Rate
- In the year 2016, the Varun Beverages share price rate was ₹24.47 (16.12.2016) which increased to ₹626.55 (23.12.2024) which gives a good return to investors. Investing in this share may be profitable on a long-term basis.
- Advanced Manufacturing Units
- Varun Beverages acts as the bottling partner of Pepsico also manufacturing and distributing Pepsico products in India. The company has a franchise bottle model. Pepsico benefited from the company’s advanced manufacturing units and the marketing knowledge in India and Varun Beverages also benefited from the well-established, global brand of Pepsico. This collaboration increases their marketing in India which increases the profit growth also.
- Strong Financial Support
- In the last 5 years, Varun Beverages Limited increased its sales volume by up to 17% every year, and its annual profit growth rate is 45.2% annually. Now the company has a plan to invest ₹7,500 Crore in QIP which means the company invests in some specific instruction that can expand its business in India and outside India also which is a good market strategy for the company’s growth.
| Year | Varun Beverages Share Price Target 2028 |
| 1st Price Target | ₹1,314.03 |
| 2nd Price Target | ₹1,548.49 |
Risk Factors
- Increases in prices of raw materials can be the reason for decreases in the company’s profit growth.
- Any disruption of supply chain management the company will be unable to reach the customer which may affect the company’s profit growth.
Varun Beverages Share Price Target 2030 range may vary from ₹1,714.01 to ₹1,845.85.
- Association With African Countries
- In the year 2023, the company agreed to acquire a 100% stake in the beverage company of South Africa along with its subsidiary Bevco. The company also incorporated a new subsidiary, VBL Mozambique in South Africa to carry on the distribution of business. Through this process, the company captures the market position in different countries.
- Expansion Of Products Portfolio
- In the year 2024, the company started manufacturing soft drinks at its Gorakhpur facility. In the year 2023, the company acquired Pepsico South African bottler Bevco ₹1,325 Crore. In the year 2022, the company agreed to distribute and sell Lays, Doritos, and Cheetos Pepsico in the territory of Morocco.
- Increases The Number Of Distributors
- To continue the business portfolio in different countries the company has 2,400 primary distributors in India. More than 120 depots and 2,500 have their vehicles for distribution purposes. To continue a smooth supply chain the company maintains the chain of distribution.
| Year | Varun Beverages Share Price Target 2030 |
| 1st Price Target | ₹1,714.01 |
| 2nd Price Target | ₹1,845.85 |
Risk Factors
- As the company deals with many international countries, the increases in the export and import costs may affect the company’s profit amount.
- Changes in any governmental policies like increases in tax cost, and interest cost may affect the company’s profit growth.
Varun Beverages Share Price Target 2040 range may vary from ₹3,164.25 to ₹3,314.56.
- Supply Of Drinking Water
- The company’s brand is spread in different corners of the country. The company’s water bottle brand Aquafina was first launched in the USA in the year 1994. The brand is available across more than half a million outlets. Another one is Mirinda which is an International soft drink brand that was launched in India in the year 1991. Another one is Slice which was launched in India in the year 1993. As the company’s selection of non-alcoholic drinks thrust increased especially in the city area improved the company’s position.
- Increases The Manufacturing Units
- The reason for the increasing profit growth of the company is the company has a strong R&D department for manufacturing purposes. The company always takes responsibility for manufacturing all products of Pepsico and other brands in its manufacturing units. The company has a total of 40 state-of-the-art manufacturing units out of which 34 are situated in India and others 6 are located in different International Countries.
- InvestingIn Eco-Friendly Packaging
- Due to huge environmental pollution, the company also started to invest in Eco-Friendly packaging which will be easily disposable in soil.
| Year | Varun Beverages Share Price Target 2040 |
| 1st Price Target | ₹3,164.25 |
| 2nd Price Target | ₹3,314.56 |
Risk Factors
- As the company increases its business in many internal countries, the changes in currency exchange policy may affect the company’s profit growth.
- Any changes in the health-related policy of the government may affect the performance of any products of the company which may affect the company’s profit margin.
- Any issue raised against the company’s manufacturing units related to environmental pollution may hamper the company’s production facilities.
Also Read – Ambuja Cement Share Price Target
The Few Year’s Performance Of Varun Beverages Limited
Profit Growth
The company’s last 5 year’s profit growth percentage is described in the below portion.
- In the last 5 years 40.12%
- In the last 3 years 98.98%
- In the last 1 year 39.85%
The Net Profit amount of the company was ₹1,285.23 Crore in December 2022 which increased to ₹1,785.95 Crore in December 2023. The Operating profit amount of the company was ₹2,185 Crore in December 2022 which increased to ₹2,985.36 Crore in December 2023.
Sales Growth
The last 5 year’s Sales growth percentage of the company is described in the below portion.
- In the last 5 years 27.01%
- In the last 3 years 37.96%
- In the last 1 year 19.25%
The Net Sales amount of the company was ₹2,894.63 Crore in September 2023 which was ₹3,125.23 Crore in September 2024.
ROE Percentage
The company’s last 5 year’s ROE percentage is described below.
- In the last 5 years 17.52%
- In the last 3 years 21.96%
- In the last 1 year 29.01%
ROCE Percentage
The company’s last 5 year’s ROCE percentage is described below.
- In the last 5 years 16.95%
- In the last 3 years 20.12%
- In the last 1 year 25.96%
Total Expenditure Amount
The company’s Total Expenditure was ₹2,256.23 Crore in September 2023, which increased to ₹2,297.02 Crore in September 2024.
Total Assets Amount
The Total Assets amount was ₹2,462.45 Crore in December 2023 which increased to ₹2,985.23 Crore in December 2024.
The Net Cash Flow Amount
The company’s Net Cash Flow was ₹24.25 Crore in December 2023, decreasing to ₹2.56 Crore in December 2024.
Total Liabilities
The company’s Total Liabilities were ₹11,123.56 Crore in December 2023, increased to ₹14,123.52 Crore in December 2024.
Varun Beverages Limited mainly has four types of shareholding patterns such as promoter holding, public holding, DII, and FII. We can majorly influence the company’s growth depending on the shareholding pattern.
| Investor Type | Percentage |
| Promoter Holding (Owned by the company’s promoter) | 62.70% |
| Public Holding (Held by the public) | 8.10% |
| FII (Invest by Foreign Institutional Investor) | 25.20% |
| DII (Invest money by Domestic Institutional Investor) | 4.00% |
Peers Company Of Varun Beverages Limited
| Company Name | Market Cap (Crore) |
| Hindustan Unilever Limited | ₹5,82,665.95 |
| Nestle India Limited | ₹2,18,625.43 |
| Britannia Industries Limited | ₹1,38,123.22 |
| Godrej Consumer Products Limited | ₹1,29,925.24 |
For the last few years, Varun Beverages Share has increased rapidly.
- The last 1 month’s share growth was +2.75 (0.47%).
- The last 6 month’s share growth was -8.57 (-1.43%).
- The last 1 year’s share growth was +189.21 (46.89%).
- The last 5 year’s share growth was +526.83 (799.20%).
- The maximum share growth was +566.64 (2,170.20%).
- Varun Beverages Share Price return percentage was 0.28% in the last 1 month.
- The last 3 month’s share price return percentage was -0.73%.
- The last 1 year’s share price return percentage was +46.59%.
- The last 3 year’s share price return percentage was +341.48%.
- The last 5 year’s share price return percentage was +797.85%.
Varun Beverages Share always gives good returns to investors. If anyone wants to invest in the share it will be profitable on a long-term basis.
Positive Sides
- The company had good profit growth in the last 3 years which was 98.98%.
- The last 3 year’s revenue growth of the company was good which was 38.01%.
- The company has an efficient cash conversation cycle of 15.10 days.
- The company has good cash flow managment, PAT stands at 1.48.
- The company has a good ROE ratio which was 21.96%.
- The company has a good promoter holding capacity of 62.70%, which means many good investors want to invest in the share.
- The company has a healthy interest cover ratio of 10.70.
- The company’s 23 different types of brands earn more than $1 billion every year.
- The last 3 year’s sales growth of the company was good which was 37.96%.
Negative Sides
- The company has a high PE ratio which is 87.96.
- The company is trading at a high EBITDA of 50.96.
Also Read – Voltas Share Price Target
Dividend History Of Varun Beverages Limited
| Year | Dividend Medium | Dividend Amount Per Share |
| 2024 | Final | ₹1.25 |
| 2023 | Final | ₹1.00 |
| 2022 | Interim | ₹2.50 |
| 2021 | Interim | ₹2.50 |
| 2020 | Interim | ₹2.50 |
FAQ
What is the main function of Varun Beverages Limited?
The main function of Varun Beverages Limited is manufacturing, distributing, and selling carbonated soft drinks. Similarly, the company is doing business with non-carbonated beverages including packaged drinking water.
Who is the CEO of Varun Beverages Limited?
Mr. Kapil Agarwal is the CEO of Varun Beverages Limited.
Varun Beverages Share Price Target for 2025 is ₹695.41 to ₹826.58.
Varun Beverages Share Price Target for 2027 is ₹1,040.23 to ₹1,226.45.
Varun Beverages Share Price Target for 2028 is ₹1,314.03 to ₹1,548.59.
Varun Beverages Share Price Target for 2030 is ₹1,714.01 to ₹1,845.85.
Varun Beverages Share Price Target for 2040 is ₹3,164.25 to ₹3,314.56.
Conclusion
This website is written to help investors gain some basic knowledge about the market strategy of Varun Beverages Share. For making this blog we take consultation from expertise and doing research about the company. It is expected that the Varun Beverages Share Price Target will be a good choice to invest in on a long-term basis. The manufacturing and distribution of beverages sectors in India and outside of the country always increase as a result of the company and the share may increase rapidly.
We try to give an in-depth idea about the share. If you think it is helpful to you you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.
Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.
