Why did Varun Beverages (VBL) stock move recently?

On 7/29/2026, Varun Beverages moved +4.0% — Varun Beverages shares recovered after the prior day's selloff on Q1 results, with headlines noting 20% revenue growth and 15% PAT rise despite the initial miss. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Varun Beverages (VBL) overvalued or fairly valued?

MarketChacha shows Varun Beverages's valuation in context — a forward P/E of about 35.3, a price-to-book of about 6.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Varun Beverages's revenue?

Varun Beverages reported revenue of ₹14,557 Cr for FY2025, with net profit of ₹2,677 Cr, per official filings.

What is the share price of Varun Beverages (VBL)?

Varun Beverages last traded at ₹415.15 (+1.4% on the day), as of 9/17/2026 — a delayed quote shown for education, not investment advice.

Varun Beverages

VBL · NSE · FMCG/Beverages · India

Snapshot

TickerVBL

ExchangeNSE

SectorFMCG/Beverages

IndustryBeverages - Non-Alcoholic

CountryIndia

Employees10,654

HeadquartersGurugram, India

Websitewww.varunbeverages.com

Filings tracked9

About Varun Beverages

Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana. The company offers carbonated soft drinks under the Pepsi, Pepsi Zero, Mountain Dew, Mirinda, and Seven-Up brands, as well as the Refreshhh, Coo-ee, and Jive brands; fruit pulp and juice-based drinks under the Slice, Tropicana, Tropicana Delight, and Seven-Up Nimbooz brands; club sodas under the Evervess and Duke's brands; and energy drinks under the Sting, Adrenaline Rush, and Rockstar brands. It also provides sports drinks under the Gatorade brand; carbonated juice-based drinks under the Seven-Up Nimbooz Masala Soda brand; ice-tea under the Lipton brand; packaged drinking water under the Aquafina and Aquavess brands, as well as the Refreshhh and Aquaclear brands; and snacks under the FritoLay, Cheetos, Doritos, Simba, and Kurkure brands. In addition, the company offers energy drinks under the Reboost Energy brand; and value-added dairy-based beverages under the Cream Bell brand. Varun Beverages Limited was incorporated in 1995 and is based in Gurugram, India.

Who owns it

Promoters60.6%
Institutions24.6%
Public & other14.8%

241 institutional holders

Ownership breakdown from public market data. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend11.4% → 14.0%

Margin has expanded by about 2.6 points — the business is getting more profitable.

Growth qualityrev 13% · PAT 19%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev ₹5,252 Cr · EPS 0.95

Est. earnings growth +28.0%

Next fiscal year

Rev ₹28,894 Cr · EPS 11.67

Est. earnings growth +15.4%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 5

Revenue (FY2025)

₹21,685 Cr

Net margin

14.0%

Revenue CAGR (3y)

+18.1%

Profit CAGR (3y)

+26.6%

Net profit (FY2025)

₹3,036 Cr

Ask MarketChacha about VBL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 29, 2026
Varun Beverages shares recovered after the prior day's selloff on Q1 results, with headlines noting 20% revenue growth and 15% PAT rise despite the initial miss.
source 1 ↗· confidence: medium
Jul 28, 2026
Varun Beverages shares fell sharply after Q2 results showed margin contraction (EBITDA margin down 76 bps to 27.7%) due to consolidation of the lower-margin Twizza business in South Africa, despite double-digit revenue and profit growth; India volumes also missed estimates amid unseasonal rains.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Jul 6, 2026
No specific company news or filing explains the decline; Varun Beverages fell with broader market or sector moves after recent gains.
· confidence: low
Jun 22, 2026
No company-specific news or filing explains the decline; the stock pulled back after the Asahi partnership announcement earlier in the week and moved with broader market/sector weakness.
· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about VBL

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2025	₹21,685 Cr	₹3,036 Cr	14.0%
FY2024	₹20,008 Cr	₹2,595 Cr	13.0%
FY2023	₹16,043 Cr	₹2,056 Cr	12.8%
FY2022	₹13,173 Cr	₹1,497 Cr	11.4%

Quarterly

Period	Revenue	Net profit	Net margin
Q1 FY27	₹8,451 Cr	₹1,521 Cr	18.0%
Q4 FY26	₹6,574 Cr	₹872 Cr	13.3%
Q3 FY26	₹4,204 Cr	₹252 Cr	6.0%
Q2 FY26	₹4,897 Cr	₹741 Cr	15.1%
Q1 FY26	₹7,017 Cr	₹1,317 Cr	18.8%

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

Filings & announcements

2026

Press Release / Media Release
Press Release to be issued in Kenya by VBL Industries (Kenya) Limited, wholly-owned subsidiary of our Company.
BSE9/14/2026
Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Update On Earlier Disclosure Dated July 2, 2026
Update on merger of Twizza Proprietary Limited (step down subsidiary) with The Beverage Company Proprietary Limited (subsidiary company) as per details in enclosed disclosure.
BSE8/17/2026
Earnings Call Transcript
Transcript of Investors & Analysts Conference Call
BSE8/4/2026
Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board Meeting
BSE7/28/2026
Outcome Of The Board Meeting & Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Unaudited Financial Results (Standalone & Consolidated) for the Quarter and Half Year ended 30 June 2026
BSE7/28/2026
Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30 June 2026 And Declaration Of 2Nd Interim Dividend For The Financial Year 2026
Varun Beverages Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/07/2026 ,inter alia, to consider and approve (i) Unaudited Financial Results ....
BSE7/21/2026material
Change in Management
Appointment of Senior Management Personnel of the Company as per enclosed intimation.
BSE7/20/2026
Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
The Board of Directors of The Beverage Company Proprietary Limited (Bevco, subsidiary company) and Twizza Proprietary Limited (Twizza, step-down subsidiary company) have approved to merge ....
BSE7/2/2026
Allotment of ESOP / ESPS
The Share Allotment Committee today approved the allotment of 1,68,750 Equity Shares of face value of Rs. 2 each upon exercise of stock options vested under the Employees Stock Option Scheme ....
BSE7/1/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.