F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
support@thetaxheaven.com
F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comVarun Beverages Ltd is one of India’s largest beverage companies and a key bottling partner of PepsiCo. With a dominant presence across carbonated soft drinks, juices, sports drinks, and packaged water, Varun Beverages has built a strong distribution network across India and several international markets. Rising consumption, expanding rural reach, and premiumisation of beverages continue to strengthen its long-term growth outlook.
In this article, we present a fresh, SEO-friendly analysis of Varun Beverages Ltd share price targets from 2026 to 2030, based on current market data, business fundamentals, and sector trends.
| Detail | Value |
|---|---|
| Open | ₹492.45 |
| Previous Close | ₹491.75 |
| Day’s High | ₹496.20 |
| Day’s Low | ₹487.00 |
| VWAP | ₹491.44 |
| 52-Week High | ₹654.00 |
| 52-Week Low | ₹419.55 |
| All-Time High | ₹681.12 |
| All-Time Low | ₹20.16 |
| Market Capitalization | ₹1,67,492 Cr |
| Volume | 20,69,519 |
| Value (Lacs) | 10,249.29 |
| 20D Avg Volume | 42,15,472 |
| 20D Avg Delivery (%) | 52.52% |
| Face Value | ₹2 |
| Book Value Per Share | ₹27.30 |
| Dividend Yield | 0.20% |
| Beta | 1.04 |
Varun Beverages Ltd is among PepsiCo’s largest franchisees globally. The company manufactures and distributes popular brands such as Pepsi, Mountain Dew, Mirinda, 7UP, Tropicana, Slice, Sting, and Aquafina. Its operations span India and select international territories, supported by a vast production footprint and a deep last-mile distribution network.
With increasing urbanisation, higher disposable income, and rising per-capita beverage consumption in India, Varun Beverages is well placed to benefit from long-term consumption growth.
Market leader in beverage bottling and distribution
Strong brand portfolio under PepsiCo partnership
Wide reach across urban and rural markets
Consistent volume growth and operating leverage
Expansion into high-margin energy and sports drinks
India’s non-alcoholic beverage market continues to expand due to:
Rising youth population and lifestyle changes
Growth in organised retail and quick-commerce platforms
Premiumisation and diversification beyond colas
Operational efficiencies and backward integration have also helped Varun Beverages maintain healthy margins despite input-cost volatility.
| Investor Type | Holding (%) |
|---|---|
| Promoters | 59.44% |
| Foreign Institutions | 21.93% |
| Mutual Funds | 7.12% |
| Retail & Others | 6.84% |
| Other Domestic Institutions | 4.66% |
High promoter and institutional ownership reflects strong confidence in the company’s long-term growth strategy.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 620 | 680 |
| 2027 | 700 | 780 |
| 2028 | 800 | 900 |
| 2029 | 920 | 1,050 |
| 2030 | 1,080 | 1,250 |
These estimates factor in steady volume growth, margin expansion, new product launches, and long-term consumption trends.
By 2026, higher rural penetration and improving per-capita consumption may support steady earnings growth.
Growth Drivers
Expansion of distribution reach
Strong summer demand cycles
Cost efficiencies and scale benefits
Investment View: Suitable for medium-term investors seeking stable growth.
The company is expected to benefit from premium products and energy-drink demand.
Growth Drivers
Higher realisations from premium SKUs
Strong brand recall
Operating leverage
Investment View: Positive outlook with relatively lower volatility compared to peers.
By 2028, consistent earnings growth could lead to valuation rerating.
Growth Drivers
New capacity additions
Growth in non-carbonated beverages
Strong cash-flow generation
Investment View: Good for investors focused on consumption-led growth.
With India’s consumption economy maturing, Varun Beverages may see sustained upward momentum.
Growth Drivers
Rising discretionary spending
Improved margins from scale
Stable PepsiCo partnership
Investment View: Favourable for long-term wealth builders.
By 2030, Varun Beverages could be among India’s most valuable FMCG-linked companies.
Growth Drivers
Strong market leadership
Long-term beverage demand growth
Consistent profitability and cash flows
Investment View: Ideal for long-term investors seeking compounding returns.
Varun Beverages Ltd represents a strong consumption-story stock backed by a powerful brand portfolio, wide distribution, and stable promoter backing.
Market leadership in beverages
Strong volume and earnings growth visibility
High institutional confidence
Dependence on weather-driven demand
Input-cost inflation
Regulatory changes related to sugary drinks
Varun Beverages Ltd stands out as a high-quality consumer stock with strong fundamentals and long-term growth potential. While short-term price movements may be influenced by seasonality and market sentiment, the long-term outlook remains robust. Based on current trends, Varun Beverages Ltd share price could range between ₹1,080 and ₹1,250 by 2030, making it an attractive option for long-term investors.
1. What is the current share price of Varun Beverages Ltd?
It trades around the levels mentioned in the latest market data and fluctuates daily.
2. What is the share price target for 2026?
The expected range is ₹620 to ₹680.
3. Is Varun Beverages Ltd a good long-term investment?
Yes, for investors seeking stable growth in India’s consumption sector.
4. What is the projected share price target for 2030?
The estimated range is ₹1,080 to ₹1,250.
5. What factors influence Varun Beverages’ share price the most?
Volume growth, margins, input costs, consumer demand trends, and overall market sentiment.
Disclaimer: This article is for educational purposes only and should not be considered financial advice. Please consult a qualified financial advisor before making investment decisions.
Register & Login