Varun Beverages (NSE:VBL) Is Achieving High Returns On Its Capital
May 23
Indian (NIFTY) Soft Drinks Industry Analysis
UpdatedMay 29, 2023
DataAggregated Company Financials
Companies5
- 7D7.2%
- 3M31.4%
- 1Y131.6%
- YTD27.2%
In the last week, the Soft Drinks industry is up 7.2%, with Varun Beverages up 7.2%. This means that the industry has gained 132% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Indian Soft Drinks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 May 2023 | ₹1.1t | ₹143.8b | ₹16.9b | 10.1x | 65.8x | 7.7x |
| Wed, 26 Apr 2023 | ₹937.2b | ₹133.1b | ₹15.1b | 11x | 62x | 7x |
| Fri, 24 Mar 2023 | ₹884.8b | ₹133.0b | ₹15.1b | 42x | 58.8x | 6.7x |
| Sun, 19 Feb 2023 | ₹839.2b | ₹133.0b | ₹15.1b | 55.7x | 55.8x | 6.3x |
| Tue, 17 Jan 2023 | ₹790.0b | ₹128.2b | ₹14.5b | 54.5x | 54.6x | 6.2x |
| Thu, 15 Dec 2022 | ₹907.8b | ₹128.2b | ₹14.5b | 62.6x | 62.7x | 7.1x |
| Sat, 12 Nov 2022 | ₹725.8b | ₹128.1b | ₹14.5b | 49.9x | 50.2x | 5.7x |
| Mon, 10 Oct 2022 | ₹744.7b | ₹120.3b | ₹13.0b | 56.8x | 57.1x | 6.2x |
| Wed, 07 Sep 2022 | ₹717.5b | ₹120.3b | ₹13.0b | 54.6x | 55x | 6x |
| Fri, 05 Aug 2022 | ₹667.0b | ₹120.1b | ₹13.0b | 50.3x | 51.2x | 5.6x |
| Sun, 03 Jul 2022 | ₹526.7b | ₹95.0b | ₹8.2b | 63x | 64x | 5.5x |
| Tue, 31 May 2022 | ₹477.7b | ₹95.0b | ₹8.2b | 57.3x | 58.4x | 5x |
| Thu, 28 Apr 2022 | ₹454.8b | ₹89.1b | ₹6.9b | 42.4x | 65.7x | 5.1x |
| Sat, 26 Mar 2022 | ₹417.6b | ₹89.1b | ₹6.9b | 35.6x | 60.3x | 4.7x |
| Mon, 21 Feb 2022 | ₹418.2b | ₹89.1b | ₹6.9b | 36.1x | 60.4x | 4.7x |
| Wed, 19 Jan 2022 | ₹405.5b | ₹85.0b | ₹6.5b | 36.1x | 62x | 4.8x |
| Fri, 17 Dec 2021 | ₹384.4b | ₹85.0b | ₹6.5b | 34.3x | 58.7x | 4.5x |
| Sun, 14 Nov 2021 | ₹426.2b | ₹84.9b | ₹6.5b | 44.3x | 65.8x | 5x |
| Tue, 12 Oct 2021 | ₹400.8b | ₹78.9b | ₹5.6b | 48.4x | 71.5x | 5.1x |
| Thu, 09 Sep 2021 | ₹410.6b | ₹78.9b | ₹5.6b | 48.3x | 73.2x | 5.2x |
| Sat, 07 Aug 2021 | ₹341.5b | ₹78.9b | ₹5.6b | 41.9x | 60.9x | 4.3x |
| Fri, 30 Apr 2021 | ₹275.9b | ₹70.8b | ₹3.9b | 41.6x | 70.1x | 3.9x |
| Mon, 01 Feb 2021 | ₹261.3b | ₹65.1b | ₹3.2b | 46.2x | 82.2x | 4x |
| Thu, 05 Nov 2020 | ₹190.6b | ₹64.1b | ₹2.8b | 42.7x | 68.3x | 3x |
| Sun, 09 Aug 2020 | ₹205.5b | ₹63.6b | ₹2.1b | 54.4x | 97.3x | 3.2x |
Price to Earnings Ratio
38.3x
Current Industry PE
- Investors are relatively neutral on the Indian Soft Drinks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 67.2x.
- The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 7.7x.
Past Earnings Growth
- The earnings for companies in the Soft Drinks industry have grown 52% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Soft Drinks compare with similar industries?
| IN Market | 2.18% | |
| Consumer Staples | 2.87% | |
| Beverage | 5.17% | |
| Soft Drinks | 7.19% | |
| Distillers and Wine Makers | 3.55% | |
| Brewers | 3.37% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VBL Varun Beverages | ₹1.69k | 6.8% +₹69.7b | 133.3% | PE65.7x | |
| 542802 Galactico Services | ₹6.53 | 7.2% +₹65.6m | -62.5% | PE10x | |
| 542910 Valencia Nutrition | ₹30.24 | 44.0% +₹51.6m | 120.7% | PS31.5x |