Varun Beverages

World Rank (Aug-2026)

1564

Market Cap (Aug-2026)

15.204 Billion USD

Market Cap (Mar-08-2026)

16.457 Billion USD

World Rank (Jan-05-2024)

915

Market Cap (Jan-05-2024)

20.001 Billion USD

World Rank (Jul-30-2023)

1,371

Market Cap (Jul-30-2023)

12.703 Billion USD

World Rank (Jan-07-2022)

4,529

Market Cap (Jan-07-2022)

3.283 Billion USD

World Rank (Jan-01-2021)

3,816

Market Cap (Jan-01-2021)

3.591 Billion USD

Company Rank in Country in 2023

Rank in India in July-2023 is 52

Headquarters Country

India

Top Beverages Companies in India

Employee Count

11,000

Employee Count as of Date

As on 2019

Headquarters City/State

Gurgaon

World Region

Asia

World Subregion

Southern Asia

Annual Revenue in USD

2,250 Million USD

Annual Operating Income in USD

417 Million USD

Annual Net Income in USD

328 Million USD

Annual Results for Period Ending

For year ending December-2025

Total Assets in USD

2,760 Million USD

Total Liabilities in USD

629 Million USD

Total Equity in USD

2,132 Million USD

Balance Sheet for Period Ending

As of December-2025

Business Sector

Beverages

Non-Alcoholic Beverages

FMCG

Company Website

Varun Beverages

Wikipedia

Yahoo

Yahoo @ BSE

Company Profile

VARUN BEVERAGES manufacture, market and sell Carbonated Soft Drinks and Non Carbonated Beverages. Headquarters is in India.

Varun Beverages is second largest franchisee in the world (outside US) of carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo and a key player in the beverage industry.

They manufacture and sell Pepsi, 7up, Aquafina, Mirinda brand soft drinks.

Annual Results Summary

Varun Beverages : Yearly Revenue and Net Income : in Crores INR:

Year - Ending	Revenue	Operating Income	Net Income
Dec-2022	13,173	2,209	1,497
Dec-2021	8,823	1,191	694
Dec-2020	6,450	710	329
Dec-2019	7,129	1,001	468
Dec-2018	5,105	643	292