NSE: VBL | BSE: 540180

Mid-range Performer

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461.60 3.20 (0.70%)

32.23% Fall from 52W High

7.9M NSE+BSE Volume

NSE 27 Jun, 2025 3:31 PM (IST)

156,109.3

Market Cap

Market Leader

0.8

Beta 1Year

Low volatility

Varun Beverages Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for VBL, BSE:540180 Varun Beverages Ltd.

Varun Beverages Ltd.

11 Feb 2025

461.60

0.70%

Result Update:Varun Beverages

Buy: Varun Beverages Ltd.

Target

Axis Direct

We maintain our BUY rating on the stock.

Varun Beverages Ltd. has lost -29.61% in the last 1 Year

Varun Beverages Ltd.

10 Feb 2025

461.60

0.70%

Volume growth led by international market additions

Buy: Varun Beverages Ltd.

Motilal Oswal

Varun Beverages (VBL) reported a revenue growth of 38% YoY in 4QCY24, led by volume growth of 38% YoY, which was majorly driven by the volume addition from South Africa and the Democratic Republic of Congo (DRC).

Varun Beverages Ltd. is trading below all available SMAs

Varun Beverages Ltd.

21 Nov 2024

461.60

0.70%

VBL expands footprint with acquisition of PepsiCo bottlers in Tanzania and Ghana

Buy: Varun Beverages Ltd.

Target

KRChoksey

Varun Beverages Limited (VBL), one of PepsiCo's largest franchisees, has announced the acquisition of full ownership in two African beverage companies: SBC Tanzania and SBC Beverages Ghana. VBL has acquired 100% control of SBC Tanzania for INR 13,040 Mn and SBC Ghana for INR 1,270 Mn.

Varun Beverages Ltd. has lost -29.61% in the last 1 Year

Varun Beverages Ltd.

14 Nov 2024

461.60

0.70%

Company Update:Varun Beverages

Buy: Varun Beverages Ltd.

Axis Direct

VBL's long-term outlook remains positive and with 23% upside potential from CMP we maintain a BUY rating on the stock.

Varun Beverages Ltd. has lost -29.61% in the last 1 Year

Varun Beverages Ltd.

13 Nov 2024

461.60

0.70%

Africa acquisitions – Good value creation opportunity

Buy: Varun Beverages Ltd.

Emkay

VBL has approved SPA to acquire 100% stake in SBCT/SBCG, which own manufacturing/distribution rights for NARTD beverages in Tanzania and Ghana.

Number of FII/FPI investors decreased from 1150 to 1086 in Mar 2025 qtr

Varun Beverages Ltd.

23 Oct 2024

461.60

0.70%

Strong growth prospects at international business; rich valuations cap upside

Hold: Varun Beverages Ltd.

ICICI Securities Limited

Takeaways: (1) Varun (VBL) has aggressively ramped up production (operating at maximum utilisation) at its recently commissioned DRC facility, due to strong demand. It plans to scale up production capacity at DRC in a phased manner.

Varun Beverages Ltd. is trading below all available SMAs

Varun Beverages Ltd.

23 Oct 2024

461.60

0.70%

Result Update:Varun Beverages

Buy: Varun Beverages Ltd.

Axis Direct

With an 18% upside potential from the CMP, we maintain our BUY rating on the stock

Varun Beverages Ltd. has lost -26.06% in the last 6 Months

Varun Beverages Ltd.

23 Oct 2024

461.60

0.70%

Strong volume growth and improving margins underpin the overall performance

Buy: Varun Beverages Ltd.

KRChoksey

VBL showcased a healthy performance in Q3CY24 results, which outperformed our estimates across the board.
Consolidated revenue stood at INR 48,047 Mn, grew by 24.1% YoY, outperformed our estimate by 3.6%.

Varun Beverages Ltd. has an average target of 622.33 from 9 brokers.

Varun Beverages Ltd.

22 Oct 2024

461.60

0.70%

Varun Beverages Limited.

Neutral: Varun Beverages Ltd.

Keynote Capitals Ltd

Quarterly Update Q3CY24

Varun Beverages Ltd. has an average target of 622.33 from 9 brokers.

Varun Beverages Ltd.

02 Aug 2024

461.60

0.70%

Robust domestic growth and margin expansion drive overall performance

Buy: Varun Beverages Ltd.

Target

KRChoksey

VBL showcased a robust performance in Q2CY24 results, which outperformed our estimates across the board.
Net revenue of INR 71,969 Mn, excluding excise duty (+28.3% YoY, +66.7% QoQ), outperformed our estimates.

Varun Beverages Ltd. has an average target of 622.33 from 9 brokers.

Is Varun Beverages Ltd. worth buying?

1532 Votes:

Buy 77.94%

Sell 10.64%

Hold 11.42%

RESEARCH REPORTS

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