Varun Beverages Ltd. does pay dividends to its shareholders. These are in the form of consistently paid interim dividends for the past six years.
The dividend yield of Varun Beverages Ltd. (VBL) was 0.26% (March 2022).
The debt-to-equity ratio of VBL is 0.63 (December 2022).
In December 2022, the revenue of VBL stood at Rs. 10,739.58 crores.
For the year 2022, VBL’s net profit was Rs. 1,550.11 crores.
Varun Beverages Ltd. is involved in the production and distribution of carbonated beverages, packaged drinking water and juices. Among the products it deals with are Pepsi, Seven-Up, Mountain Dew, Aquafina, Tropicana and Slice, and more.
Analysts believe that the revenue of VBL has a growth forecast that is higher than the Indian market. This could be somewhere around 14.3% of growth annually. For the next five years, with the beverage industry itself touted to grow, the company has a solid outlook. The stock has already gained a huge momentum lift of 112% in a year and is estimated to witness a growth scope of 24% more in the times to come.
By the middle of march 2023, VBL’s shares were ending on high notes with analysts and investors upbeat about this company and its stock. VBL is a vital player in the industry of bottled beverages and one of the biggest franchises of PepsiCo globally, only coming second to the USA. The outlook for the company is food as it is eyeing expansion plans.