Varun Beverages Past Earnings Performance
Past criteria checks 4/6
Varun Beverages has been growing earnings at an average annual rate of 42%, while the Beverage industry saw earnings growing at 30.1% annually. Revenues have been growing at an average rate of 23.5% per year. Varun Beverages's return on equity is 31.2%, and it has net margins of 13.1%.
Key information
42.0%
Earnings growth rate
41.4%
EPS growth rate
| Beverage Industry Growth | 29.3% |
| Revenue growth rate | 23.5% |
| Return on equity | 31.2% |
| Net Margin | 13.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Varun Beverages makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 164,669 | 21,641 | 18,074 | 0 |
| 31 Dec 23 | 160,426 | 20,559 | 17,529 | 0 |
| 30 Sep 23 | 155,891 | 19,987 | 16,197 | 0 |
| 30 Jun 23 | 148,952 | 18,787 | 15,593 | 0 |
| 31 Mar 23 | 142,386 | 16,723 | 15,052 | 0 |
| 31 Dec 22 | 131,731 | 14,974 | 14,411 | 0 |
| 30 Sep 22 | 126,932 | 14,392 | 13,635 | 0 |
| 30 Jun 22 | 119,148 | 12,983 | 13,185 | 0 |
| 31 Mar 22 | 94,098 | 8,190 | 12,513 | 0 |
| 31 Dec 21 | 88,232 | 6,941 | 12,147 | 0 |
| 30 Sep 21 | 84,198 | 6,578 | 11,799 | 0 |
| 30 Jun 21 | 78,243 | 5,707 | 11,432 | 0 |
| 31 Mar 21 | 70,146 | 4,033 | 10,993 | 0 |
| 31 Dec 20 | 64,501 | 3,290 | 10,822 | 0 |
| 30 Sep 20 | 63,395 | 2,894 | 10,835 | 0 |
| 30 Jun 20 | 62,766 | 2,171 | 10,836 | 0 |
| 31 Mar 20 | 74,469 | 4,833 | 10,835 | 0 |
| 31 Dec 19 | 71,296 | 4,690 | 10,127 | 0 |
| 30 Sep 19 | 67,026 | 4,568 | 8,913 | 0 |
| 30 Jun 19 | 61,312 | 4,183 | 8,103 | 0 |
| 31 Mar 19 | 53,799 | 3,148 | 7,622 | 0 |
| 31 Dec 18 | 51,053 | 2,928 | 7,424 | 0 |
| 30 Sep 18 | 48,350 | 2,915 | 6,782 | 0 |
| 30 Jun 18 | 46,493 | 2,821 | 6,495 | 0 |
| 31 Mar 18 | 42,136 | 2,243 | 6,156 | 0 |
| 31 Dec 17 | 40,080 | 2,102 | 5,870 | 0 |
| 30 Sep 17 | 39,011 | 2,727 | 5,703 | 0 |
| 30 Jun 17 | 38,351 | 2,501 | 5,586 | 0 |
| 31 Mar 17 | 38,622 | 2,076 | 5,535 | 0 |
| 31 Dec 16 | 38,612 | 424 | 5,364 | 0 |
| 30 Sep 16 | 40,081 | 1,345 | 4,263 | 0 |
| 30 Jun 16 | 36,920 | 1,295 | 4,828 | 0 |
| 31 Mar 16 | 31,473 | -224 | 4,144 | 0 |
| 31 Dec 15 | 33,941 | 1,130 | 4,168 | 0 |
| 31 Dec 14 | 25,024 | -202 | 2,804 | 0 |
| 31 Dec 13 | 21,151 | -395 | 2,190 | 0 |
Quality Earnings: 540180 has high quality earnings.
Growing Profit Margin: 540180's current net profit margins (13.1%) are higher than last year (11.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 540180's earnings have grown significantly by 42% per year over the past 5 years.
Accelerating Growth: 540180's earnings growth over the past year (29.4%) is below its 5-year average (42% per year).
Earnings vs Industry: 540180 earnings growth over the past year (29.4%) did not outperform the Beverage industry 29.4%.
Return on Equity
High ROE: 540180's Return on Equity (31.2%) is considered high.