{"id":21333,"date":"2023-07-14T08:09:26","date_gmt":"2023-07-14T08:09:26","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=21333"},"modified":"2023-07-14T09:37:24","modified_gmt":"2023-07-14T09:37:24","slug":"varun-beverages-share-fundamentals","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/varun-beverages-share-fundamentals\/","title":{"rendered":"Varun Beverages Share Price: All You Need To Know"},"content":{"rendered":"
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Introduction<\/h2>\n\n\n\n

Varun Beverages is the second-largest bottling company for PepsiCo beverages in the world outside the United States. It manufactures, sells, and distributes all key brands for PepsiCo, like Sting, Mountain Dew, Mirinda, Tropicana, Aquafina, etc.<\/p>\n\n\n\n

It is one of the largest beverage companies in India and is now expanding into food products as well. The company has multiplied investor wealth over the last seven years that it has been listed. Let\u2019s try and understand the business better and assess its future performance.<\/p>\n\n\n\n

Varun Beverages Overview<\/h3>\n\n\n\n

Varun Beverages Ltd (VBL) was incorporated on 16th<\/sup> June 1995 as a part of the RJ Corp group (a diversified business conglomerate with interests in beverages, quick-service restaurants, dairy, and healthcare). Varun Beverages is a key player in the beverage industry. <\/p>\n\n\n\n

The company produces and distributes a wide range of carbonated soft drinks (CSDs) and a large selection of non-carbonated beverages (NCBs), including packaged drinking water. PepsiCo\u2019s CSD brands produced and sold by VBL include Pepsi, Pepsi Black, Mountain Dew, Sting, Seven-Up, Mirinda Orange, Nimbooz Masala Soda, and Evervess. <\/p>\n\n\n\n

PepsiCo\u2019s NCB brands produced and sold by VBL include Tropicana Slice, Tropicana Juices (100% and Delight), Seven-Up Nimbooz, Gatorade, and packaged drinking water under the brand Aquafina. In addition, VBL has also been granted the franchise for the Ole brand of PepsiCo products in Sri Lanka.<\/p>\n\n\n\n

VBL has been associated with PepsiCo since the 1990s and has over two and half decades, consolidated its business association with PepsiCo, increasing the number of PepsiCo licensed territories and sub-territories, producing and distributing a wider range of PepsiCo beverages, introducing various SKUs in their portfolio, and expanding their distribution network.<\/p>\n\n\n\n

VBL has franchises for various PepsiCo products across 27 states and 7 union territories (except Jammu & Kashmir and Andhra Pradesh) in India. Although India is the largest market, VBL is the franchise for various PepsiCo products for Nepal, Sri Lanka, Morocco, Zambia, and Zimbabwe. VBL has 30 manufacturing plants in India and 6 manufacturing plants in international geographies.<\/p>\n\n\n\n

Varun Beverages Journey<\/h3>\n\n\n\n

Varun Beverages Ltd (VBL) has had a long and illustrious history. Here are some of the critical milestones in the company:<\/p>\n\n\n\n

Here is a timeline of Varun Beverages\u2019 history:<\/p>\n\n\n\n