Added to YB: 2026-08-28
Pitch date: 2026-08-26
VBL.NS [neutral]
Varun Beverages Limited
-1.13%
current return
Author Info
No bio for this author
Company Info
Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages under the PepsiCo brands in India, Sri Lanka, Nepal, Zambia, Morocco, Zimbabwe, the Democratic Republic of Congo, Mozambique, South Africa, Lesotho, Eswatini, Namibia, and Botswana.
Market Cap
INR 1.4T
Pitch Price
INR 423.55
Price Target
N/A
Dividend
0.36%
EV/EBITDA
25.25
P/E
42.08
EV/Sales
5.95
Sector
Beverages
Category
growth
varun beverages, maker of india's pepsi, is entering the alcohol business
VBL.NS (update): Varun Beverages is extending its PepsiCo bottling and distribution platform into ready-to-drink alcohol through wholly owned Kiva Spirits, led by a former Diageo executive. Its cold-chain network reaching millions of outlets fits the fast-growing category, but alcohol revenue is currently zero and earnings impact is years away. State-by-state licensing and execution are the key hurdles for a company already valued as a premium consumer compounder.
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