Varun Beverages Limited

NSEI:VBL Stock Report

Market Cap: ₹1.7t

Varun Beverages Balance Sheet Health

Financial Health criteria checks 6/6

Varun Beverages has a total shareholder equity of ₹167.4B and total debt of ₹28.3B, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are ₹231.4B and ₹64.0B respectively. Varun Beverages's EBIT is ₹41.6B making its interest coverage ratio 11.7. It has cash and short-term investments of ₹24.5B.

Key information

16.88%

Debt to equity ratio

₹28.26b

Debt

Interest coverage ratio11.7x
Cash₹24.50b
Equity₹167.40b
Total liabilities₹64.04b
Total assets₹231.44b

Recent financial health updates

Here's Why Varun Beverages (NSE:VBL) Can Manage Its Debt Responsibly

Apr 01
Here's Why Varun Beverages (NSE:VBL) Can Manage Its Debt Responsibly

Recent updates

Varun Beverages (NSE:VBL) Knows How To Allocate Capital Effectively

May 19
Varun Beverages (NSE:VBL) Knows How To Allocate Capital Effectively

Varun Beverages Limited's (NSE:VBL) Business Is Trailing The Market But Its Shares Aren't

Apr 16
Varun Beverages Limited's (NSE:VBL) Business Is Trailing The Market But Its Shares Aren't

Here's Why Varun Beverages (NSE:VBL) Can Manage Its Debt Responsibly

Apr 01
Here's Why Varun Beverages (NSE:VBL) Can Manage Its Debt Responsibly

Solid Earnings May Not Tell The Whole Story For Varun Beverages (NSE:VBL)

Feb 23
Solid Earnings May Not Tell The Whole Story For Varun Beverages (NSE:VBL)

Do Varun Beverages' (NSE:VBL) Earnings Warrant Your Attention?

Feb 11
Do Varun Beverages' (NSE:VBL) Earnings Warrant Your Attention?

Varun Beverages Limited's (NSE:VBL) Share Price Matching Investor Opinion

Dec 31
Varun Beverages Limited's (NSE:VBL) Share Price Matching Investor Opinion

Why The 29% Return On Capital At Varun Beverages (NSE:VBL) Should Have Your Attention

Nov 09
Why The 29% Return On Capital At Varun Beverages (NSE:VBL) Should Have Your Attention
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Tactical Growth In Emerging Markets Set To Boost Revenue And Margins

Expansion in India and Africa, especially through new facilities, aims to drive revenue by targeting high-growth markets and improving efficiencies.

Varun Beverages Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Oct 25
Varun Beverages Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Varun Beverages (NSE:VBL) Is Paying Out A Dividend Of ₹1.25

Aug 03
Varun Beverages (NSE:VBL) Is Paying Out A Dividend Of ₹1.25

Financial Position Analysis

Short Term Liabilities: VBL's short term assets (₹78.6B) exceed its short term liabilities (₹45.2B).

Long Term Liabilities: VBL's short term assets (₹78.6B) exceed its long term liabilities (₹18.8B).

Debt to Equity History and Analysis

Debt Level: VBL's net debt to equity ratio (2.2%) is considered satisfactory.

Reducing Debt: VBL's debt to equity ratio has reduced from 101.7% to 16.9% over the past 5 years.

Debt Coverage: VBL's debt is well covered by operating cash flow (119.6%).

Interest Coverage: VBL's interest payments on its debt are well covered by EBIT (11.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/24 02:29
End of Day Share Price 2025/05/23 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Varun Beverages Limited is covered by 32 analysts. 21 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.