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Varun Beverages Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030

5 Dariya News

17-Sep-2024

Varun Beverages Limited (VBL) is a flagship franchise of PepsiCo with a strong global presence. It is particularly well known in the beverage business of India. VBL is a beverage non alcohol company, specifically under the consumer protective category. The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) list the firms. 

The company’s diverse product offering, strong distribution network, and strategic expansion goals have contributed to a significant improvement in quality at various points during the last few years. After reading this article till the end, you will know whether buying VBL is a wise choice or not. I will provide you with detailed information about the Varun Beverages share price target of VBL for the years 2025 to 2030.

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About Varun Beverages Company

A global firm based in India, Varun Drinks Limited (VBL) produces, bottles, and distributes beverages. It is the largest in the AMESA region and the world's second-largest beverage bottling firm outside the United States for PepsiCo. Established in 1995 as a division of RJ Corp. The business was given its name in honor of founder Ravi Jaipuria's son. VBL signed a contract to produce kurkure and popcorn for PepsiCo India Holdings in 2022. For ₹1,320 crore, Varun Beverages bought Bevco, PepsiCo's bottler in South Africa, in December 2023.

Varun Beverages Share Current Performance And Market Indicators

Open Price: ₹621.05

Today’s Low Price: ₹616.70

Today's High Price: ₹642.95

Current Price: ₹639.25

Market capitalization: ₹2,01,772 Cr

P/E Ratio: 83.26

ROE: 28.25%

Dividend Yield: 0.16%

52-Week Low: ₹331.26

52-Week High: ₹681.12

Price Change Over the Past Year: +272.74 (74.34% Increase)

With a major rise from its opening price of ₹621.05, Varun Beverages share price has demonstrated remarkable success and is currently trading at ₹639.25. Today, the stock achieved a high of ₹642.95, indicating investor confidence. 

This firm with a market value of ₹2,01,772 crore has strong growth potential, as can be seen from its exceptional ROE of 28.25% and high P/E ratio of 83.26. With a low dividend yield of 0.16%, the emphasis is clearly on growth rather than earnings. 

The stock has gained ₹272.74 or 74.34% in the last year, indicating amazing velocity. It is now trading at its 52-week high of ₹ 681.12, a huge rise from its 52-week low of ₹ 331.26.

Varun Beverages Share Price 2024

Despite the first months of consolidation, the market's optimistic outlook is expected to continue in the first quarter of 2024. Technical analysis indicates a share price target of ₹952.58 for VBL at the end of 2024.

Varun Beverages Share Price 2025

Additionally, Varun Beverages Limited has expanded its operations to poorer countries such as Zambia, Morocco, and Sri Lanka, where it is earning more money in local currencies. The stock price is projected to reach 1280.6 in 2025.

Varun Beverages Share Price 2026

The target share price for Varun Beverages is expected to be ₹1,654.00 in 2026. Along with its emphasis on innovation and product enhancement, the agency's strategic alliances with leading global beverage companies will be essential to maintaining its growing momentum. The commercial enterprise's increased sales can also be attributed to the expansion of its distribution network into semi-urban and rural areas, where demand for beverages is growing.

Varun Beverages Share Price 2027

Varun Beverages also has a strong base. This recommendation reflects the company's use of the funds invested. Given its strong ROE, Varun Beverages is earning a return on its investment. Given the company's growth, the target for 2027 could be up to ₹2,152.00.

Varun Beverages Share Price 2028

Varun Beverages' business is expected to grow rapidly soon, as the company will handle all aspects of product manufacturing along with increasing its production capacity. On this basis, Varun Beverages' market share target can reach ₹2,397 by 2028.

Varun Beverages Share Price 2029

A company with strong market holding capabilities will never lose its market share. The company's revenue amount, which has been 29.29% in the last five years, is consistently high. If we look at the share price of Varun Beverages, it also climbs rapidly. Varun Beverages has set a share price target of ₹2560 for 2029.

Varun Beverages Share Price 2030

The target share price is set at ₹3,163 for the year 2030. With the continued growth of the global beverage market, Varun Beverages is strategically positioned to capitalize on the growing opportunities.

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Varun Beverages Shareholding


Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Promoters

63.62%

63.10%

63.09%

62.91%

62.66%

Foreign Institutions

26.71%

27.55%

26.58%

25.78%

25.32%

Retail and Other

6.74%

6.00%

6.75%

7.16%

7.46%

Mutual Funds

2.37%

2.22%

2.31%

2.26%

2.42%

Other Domestic Institutions

0.56%

1.14%

1.28%

1.89%

2.12%

The Varun Beverages shareholding chart is referred to from the Groww website.

Varun Beverages Balance Sheet

Balance Sheet of Varun Beverages (in Rs. Cr.)

Dec 23

Dec 22

Dec 21

Dec 20

Dec 19


12 mths

12 mths

12 mths

12 mths

12 mths

EQUITIES AND LIABILITIES






SHAREHOLDER'S FUNDS






Equity Share Capital

649.61

649.55

433.03

288.69

288.69

Total Share Capital

649.61

649.55

433.03

288.69

288.69

Reserves and Surplus

6,425.85

4,867.85

3,965.59

3,723.08

3,578.43

Total Reserves and Surplus

6,425.85

4,867.85

3,965.59

3,723.08

3,578.43

Total Shareholders Funds

7,075.45

5,517.40

4,398.62

4,011.77

3,867.12

NON-CURRENT LIABILITIES






Long Term Borrowings

3,010.55

1,653.26

1,712.44

1,954.35

2,291.71

Deferred Tax Liabilities [Net]

313.33

319.98

298.18

220.99

276.13

Other Long Term Liabilities

111.21

112.33

9.43

8.68

0.82

Long Term Provisions

205.63

197.66

199.46

193.16

160.67

Total Non-Current Liabilities

3,640.71

2,283.24

2,219.51

2,377.19

2,729.33

CURRENT LIABILITIES






Short Term Borrowings

1,749.56

1,818.59

560.52

635.54

411.04

Trade Payables

491.86

575.79

463.46

272.07

317.88

Other Current Liabilities

969.95

845.61

1,374.56

1,000.01

1,019.31

Short Term Provisions

81.57

28.31

48.94

0

28.88

Total Current Liabilities

3,292.94

3,268.31

2,447.49

1,907.62

1,777.12

Total Capital And Liabilities

14,009.46

11,068.94

9,065.62

8,296.57

8,373.56

ASSETS






NON-CURRENT ASSETS






Tangible Assets

6,391.19

5,202.07

4,455.40

4,706.17

4,839.97

Intangible Assets

547.01

549.8

556.21

557.24

561.79

Capital Work-In-Progress

1,576.00

539.95

477.95

39.01

58.58

Other Assets

0

0

0

0

0

Fixed Assets

8,514.21

6,291.81

5,489.56

5,302.42

5,460.33

Non-Current Investments

1,449.95

1,354.32

1,352.24

1,352.17

907.78

Deferred Tax Assets [Net]

0

0

0

0

0

Long Term Loans And Advances

699.94

523.8

297.21

270.05

604.28

Other Non-Current Assets

410.23

447.12

158.38

105.47

92.58

Total Non-Current Assets

11,074.33

8,617.05

7,297.40

7,030.10

7,064.97

CURRENT ASSETS






Current Investments

0

0

0

0

0

Inventories

1,535.87

1,426.15

1,066.27

679.06

672.98

Trade Receivables

212.94

150.24

132.07

170.53

130.53

Cash And Cash Equivalents

52.31

47.49

24.24

36.48

32.42

Short Term Loans And Advances

0

0

28.42

9.99

35.17

OtherCurrentAssets

1,134.00

828.02

517.23

370.42

437.49

Total Current Assets

2,935.13

2,451.90

1,768.22

1,266.48

1,308.59

Total Assets

14,009.46

11,068.94

9,065.62

8,296.57

8,373.56

OTHER ADDITIONAL INFORMATION






CONTINGENT LIABILITIES, COMMITMENTS






Contingent Liabilities

3,262.02

2,051.21

700.47

338.94

762.58

CIF VALUE OF IMPORTS






Raw Materials

0

0

0

0

0

Stores, Spares And Loose Tools

0

0

0

0

0

Trade/Other Goods

0

0

0

0

0

Capital Goods

0

0

0

0

0

EXPENDITURE IN FOREIGN EXCHANGE






Expenditure In Foreign Currency

1,368.60

955.79

444.47

244.54

411.07

REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS






Dividend Remittance In Foreign Currency

--

--

--

--

--

EARNINGS IN FOREIGN EXCHANGE






FOB Value Of Goods

258.66

229.8

61.71

68.26

92.63

Other Earnings

--

--

--

--

--

BONUS DETAILS






Bonus Equity Share Capital

414.86

414.86

198.34

198.34

198.34

NON-CURRENT INVESTMENTS






Non-Current Investments Quoted Market Value

--

--

--

--

--

Non-Current Investments Unquoted Book Value

3.15

0

0

0

0

CURRENT INVESTMENTS






Current Investments Quoted Market Value

--

--

--

--

--

Current Investments Unquoted Book Value

--

--

--

--

--

This balance sheet is referred to from the MoneyControl website.

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Conclusion

You will learn some basic concepts about Varun Beverages share price target from this post. However, news and other market factors can also impact the stock's performance. VBL has performed well overall, and after carefully investigating this company, I can assure anyone investing in it that they will not be disappointed.

FAQs

1. Is VBL good stock to buy?

Despite its high P/E ratio, strong positive analyst sentiment suggests Varun Beverages could be a good buy if you believe in its future growth.

2. Is Varun Beverages giving bonus shares?

No, Varun Beverages is not currently giving bonus shares; the last bonus issue was on June 6, 2022, in a 1:2 ratio.

3. Is VBL debt free?

No, Varun Beverages is not debt-free; it has a debt-to-equity ratio of 71.9%.

4. What is the future of Varun Beverages?

Varun Beverages has a bright future with projected annual profit and sales growth of 22.3% and 15.3%, respectively, and a return on equity of 30.6% over three years.

Disclaimer

This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time. 

We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories. 

If you have any corrections or find any wrong information, do let us know at our official contact@5dariyanews.com.