Varun Beverages Limited

BSE:540180 Stock Report

Market Cap: ₹2.1t

Varun Beverages Past Earnings Performance

Past criteria checks 5/6

Varun Beverages has been growing earnings at an average annual rate of 41.6%, while the Beverage industry saw earnings growing at 25.2% annually. Revenues have been growing at an average rate of 24.1% per year. Varun Beverages's return on equity is 29.5%, and it has net margins of 13.4%.

Key information

41.6%

Earnings growth rate

41.2%

EPS growth rate

Beverage Industry Growth29.3%
Revenue growth rate24.1%
Return on equity29.5%
Net Margin13.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Varun Beverages makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BSE:540180 Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24189,86525,41520,8360
30 Jun 24180,52424,22919,4210
31 Mar 24164,66921,64118,0740
31 Dec 23160,42620,55917,5290
30 Sep 23155,89119,98716,1970
30 Jun 23148,95218,78715,5930
31 Mar 23142,38616,72315,0520
31 Dec 22131,73114,97414,4110
30 Sep 22126,93214,39213,6350
30 Jun 22119,14812,98313,1850
31 Mar 2294,0988,19012,5130
31 Dec 2188,2326,94112,1470
30 Sep 2184,1986,57811,7990
30 Jun 2178,2435,70711,4320
31 Mar 2170,1464,03310,9930
31 Dec 2064,5013,29010,8220
30 Sep 2063,3952,89410,8350
30 Jun 2062,7662,17110,8360
31 Mar 2074,4694,83310,8350
31 Dec 1971,2964,69010,1270
30 Sep 1967,0264,5688,9130
30 Jun 1961,3124,1838,1030
31 Mar 1953,7993,1487,6220
31 Dec 1851,0532,9287,4240
30 Sep 1848,3502,9156,7820
30 Jun 1846,4932,8216,4950
31 Mar 1842,1362,2436,1560
31 Dec 1740,0802,1025,8700
30 Sep 1739,0112,7275,7030
30 Jun 1738,3512,5015,5860
31 Mar 1738,6222,0765,5350
31 Dec 1638,6124245,3640
30 Sep 1640,0811,3454,2630
30 Jun 1636,9201,2954,8280
31 Mar 1631,473-2244,1440
31 Dec 1533,9411,1304,1680
31 Dec 1425,024-2022,8040
31 Dec 1321,151-3952,1900

Quality Earnings: 540180 has high quality earnings.

Growing Profit Margin: 540180's current net profit margins (13.4%) are higher than last year (12.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 540180's earnings have grown significantly by 41.6% per year over the past 5 years.

Accelerating Growth: 540180's earnings growth over the past year (27.2%) is below its 5-year average (41.6% per year).

Earnings vs Industry: 540180 earnings growth over the past year (27.2%) exceeded the Beverage industry 23.7%.

Return on Equity

High ROE: 540180's Return on Equity (29.5%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 13:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Varun Beverages Limited is covered by 28 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Anand ShahAxis Capital Limited
Parin TannaBatlivala & Karani Securities India Pvt. Ltd.