Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Varun Beverages Limited
  6. News
  7. Summary
    540180   INE200M01013

VARUN BEVERAGES LIMITED

(540180)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Varun Beverages : in Growth Trajectory

07/29/2021 | 11:06am EDT

One of the country's fastest growing beverages manufacturer, Varun Beverages, is the second largest franchise bottler of PepsiCo with presence in many Asian and African countries.

There is reasonable demand for Varun Beverages' products including newly launched Aquaclear bottled water due to its world class quality at affordable prices.

Aquaclear bottled water is available in 500ml, 750ml and one litre packaging in Zimbabwe.

The new production line set up by the company to produce bottled water, Aquaclear and cordial Soul Sip, has enough capacity to ensure supplies during the summer and festive seasons.

No shortages are anticipated during festive season.

The 330ml can, which is usually sold at a premium price, will now be sold at a Recommended Retail Price (RRP) of $40, same price as 500ml Pepsi plastic bottle. The cans are available in Pepsi, Mirinda, Mountain Dew and 7up. The 440ml cans in sparkling beverage are priced at RRP 55. The affordable price of cans will ensure wide range of flavours and product availability to the Zimbabwean consumers during the summer and festive season. There are promotions also running on cans in a few selected outlets.

Mr Fungai Murahwa, the Vice President of Varun Beverages Zimbabwe, said that to ensure the convenience of home consumption of the multi serve one litre plastic bottle, it has been priced at an affordable price of $70. The consumer can buy two bottles of one litre at a price of $140 to take home two litres of their favourite beverage and three litres of beverage by buying three bottles/three litres of their choice of flavours for just $210.

The attractive price, coupled with the convenience of take away makes the one litre pack the ideal pack for home consumption. It is available in Pepsi, Mirinda Orange, 7up, Mountain Dew and Fruity.

An additional plus is that the bottle easily fits into the domestic fridge door panel.

The two litre bottle of Pepsi, Mirinda orange, Mirinda fruity, 7up, Dew or Pepsi Light are available for a recommended retail price of $135 per two litre bottle.

The new investments in bottled water and cordial production line, will make availability of Aquaclear and Soul Sip cordials easy for consumers of Zimbabwe during summer and festive season.

Mr Murahwa said they plan to inject additional 1000 push carts to make the Varun beverages products available in villages and small population areas.

He most of these push carts will be deployed in rural areas to create employment and enable affordable product availability in most markets in Zimbabwe.

Copyright The Herald. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English

All news about VARUN BEVERAGES LIMITED
08/02VARUN BEVERAGES' : Consolidated Profit More Than Doubles in Q2
MT
08/02VARUN BEVERAGES : Appoints New CFO
MT
08/02Varun Beverages Limited Approves the Payment of Interim Dividend for the Financial Year..
CI
08/02Varun Beverages Limited Announces Executive Changes
CI
08/02Varun Beverages Limited Announces Executive Changes
CI
08/02Varun Beverages Limited Declares Interim Dividend, Payable on and from August 13, 2021
CI
08/02Varun Beverages Limited Reports Earnings Results for the Second Quarter Ended June 30, ..
CI
07/29VARUN BEVERAGES : in Growth Trajectory
AQ
05/03Varun Beverages Limited Reports Earnings Results for the First Quarter Ended March 31, ..
CI
03/21VARUN BEVERAGES LIMITED(BSE : 540180) added to FTSE All-World Index
CI
More news
Financials
Sales 2021 83 149 M 1 128 M 1 128 M
Net income 2021 6 556 M 89,0 M 89,0 M
Net Debt 2021 21 136 M 287 M 287 M
P/E ratio 2021 61,4x
Yield 2021 0,30%
Capitalization 402 B 5 445 M 5 453 M
EV / Sales 2021 5,09x
EV / Sales 2022 4,16x
Nbr of Employees 10 000
Free-Float 34,2%
Chart VARUN BEVERAGES LIMITED
Duration : Period :
Varun Beverages Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VARUN BEVERAGES LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 14
Last Close Price 928,10 INR
Average target price 954,21 INR
Spread / Average Target 2,81%
EPS Revisions
Managers and Directors
Kapil Agarwal Chief Executive Officer & Executive Director
Rajesh Chawla Chief Financial Officer
Ravi Kant Jaipuria Chairman
Sudin Kumar Gaunker Chief Operating Officer
Ravi Batra Secretary, Chief Risk & Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
VARUN BEVERAGES LIMITED52.07%5 445
THE COCA-COLA COMPANY-1.73%232 623
KEURIG DR PEPPER INC.5.84%48 016
SUNTORY BEVERAGE & FOOD LIMITED32.88%13 537
COCA-COLA HBC AG3.87%12 334
ARCA CONTINENTAL, S.A.B. DE C.V.28.71%10 763