Tag: Varun Beverages

  • Top FMCG Companies in India Running Successfully in 2025

    Fast-moving consumer goods are products that sell quickly. It also comes at a relatively lower cost. They are being marketed in a lump-sum amount. So, we will cover the top FMCG companies in India that are working every day, all year round.

    Accounting for 50% of FMCG sales in India, this sector is the country’s fourth-largest sector, selling all household and personal care items because of the top FMCG companies in India. Also known as consumer packaged goods, FMCGs produce short shelf life.

    It is either because of high consumer demand or because they are perishable. These goods are purchased frequently and consumed rapidly. Since they are priced low, they get sold in huge quantities. Keep reading about the Top FMCG companies in India in 2025.

    S. No. Company Key Products Current Revenue (FY24 approx.) 5-Year CAGR (Revenue)
    1 Hindustan Unilever Limited Surf Excel, Dove, Lux, Lifebuoy, Bru, Kwality Wall’s ₹62,800 Cr ~9%
    2 ITC Limited Aashirvaad, Sunfeast, Bingo, Fiama, Classmate ₹82,900 Cr (consolidated) ~12%
    3 Nestle India Maggi, KitKat, Nescafé, Milkmaid, Cerelac ₹19,100 Cr ~10%
    4 Varun Beverages Ltd Pepsi, Mountain Dew, Tropicana, Aquafina ₹16,100 Cr ~18%
    5 Godrej Consumer Products Limited Good Knight, Cinthol, HIT, Godrej Expert ₹13,400 Cr ~7%
    6 Britannia Industries Limited Good Day, Marie Gold, NutriChoice, Bourbon, Cheese ₹17,400 Cr ~11%
    7 Tata Consumer Product Limited Tata Tea, Tata Salt, Tata Sampann, Himalayan Water ₹15,200 Cr ~10%
    8 Dabur India Limited Dabur Honey, Chyawanprash, Vatika, Real Juices ₹12,600 Cr ~8%
    9 United Spirits McDowell’s, Royal Challenge, Antiquity, Signature ₹10,300 Cr ~6%
    10 Colgate Palmolive (India) Colgate Toothpaste, Palmolive Soap ₹5,700 Cr ~5%
    11 Marico Parachute, Saffola, Livon, Set Wet ₹9,700 Cr ~9%

    Hindustan Unilever Limited

    Company Name Hindustan Unilever Limited
    Headquarter Mumbai
    Founders Lever Brothers, United Traders Ltd, Hindustan Vanaspati Mfg. Co. Ltd.
    Founded 1933
    Market Capitalization 5,32,276.40 Cr
    Top FMCG Companies in India - Hindustan Unilever Limited
    Top FMCG Companies in India – Hindustan Unilever Limited

    Hindustan Unilever Limited is the best FMCG company in India and has had its historical presence in India for over 80 years. It has numerous FMCG brands in India it and specializes in selling household products across the country, including Home Care, Beauty & Personal Care and Foods and refreshments. This is among the top FMCG companies with over 700 million consumers from India using its products, and it aims to make the company a global enterprise.

    ITC Limited

    Company Name ITC Limited
    Headquarter Kolkata
    Founder Y C Deveshwar
    Founded 1910
    Market Capitalization 5,10,679.35 Cr
    Top FMCG Companies in India - ITC Limited
    Top FMCG Companies in India – ITC Limited

    A diversified conglomerate dealing with businesses, ITC Limited is known for its largest turnover among the top 10 FMCG companies in India (2021). This company basically aims to develop multiple drivers of growth while remaining the leader in the manufacturing of tobacco.

    It is in the list of startup FMCG companies in India that sell everything apart from tobacco; it also produces products including Food, Personal Care, Education & Stationery Products, Branded Apparel, Incense Sticks, Safety Matches, Paperboards, Packaging, Hotels, Agri-Business and lastly, Information Technology.


    About ITC Ltd. | How ITC makes Money? | ITC Business Model
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    Nestle India

    Company Name Nestle India
    Headquarter Gurgaon, Haryana
    Founder Suresh Narayanan
    Founded 1959
    Market Capitalization 2,40,856.10 Cr
    Top FMCG Companies in India - Nestle India
    Top FMCG Companies in India – Nestle India

    Nestle serves as the largest food and beverage company in the world, which is why it is among the top 10 FMCG companies in India. The company comprises over 200 brands. They generally range from global icons to local favourites. It is currently present in around 191 countries all over the world. Nestle India is the third-largest company on the list of Top FMCG companies in India.

    Nestle comprises eight manufacturing facilities along with four branch offices. Compared to all FMCG companies in India, Nestle comprises over 2,000 brands under its wing. Out of all, Maggi noodles is predominantly the most popular brand in the country, making Nestle the startup FMCG company in India.


    Nestlé Business Model Canvas, USP & SWOT Analysis | Nestlé Owner Country & Annual Revenue Explained
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    Varun Beverages Ltd

    Company Name Varun Beverages Ltd
    Headquarter Gurgaon
    Founder Ravi Kant Jaipuria
    Founded 1995
    Market Capitalization 1,81,745.74 Cr
    Top FMCG Companies in India - Varun Beverages
    Top FMCG Companies in India – Varun Beverages

    A key player in the beverage industry, it holds the 8th rank in the list of top 20 FMCG companies in India. Varun Beverages is not only the top FMCG company in India but also the world’s second-largest franchisee apart from the US for producing carbonated soft drinks (“CSDs”) as well as non-carbonated beverages (“NCBs”). This FMCG listed companies in India under the trademarks owned by PepsiCo.

    Sold by Varun Beverages, the products of PepsiCo comprise Pepsi, Diet Pepsi, Mirinda Orange, Mirinda Lemon, Seven-Up, Seven-Up Nimbooz Masala Soda, Evervess Soda, Mountain Dew, Duke’s Soda and Sting, and this is what makes it among the top FMCG companies.

    Godrej Consumer Products Limited

    Company Name Godrej Consumer Products Limited
    Headquarter Mumbai
    Founder Adi Godrej
    Founded 2001
    Market Capitalization 1,23,362.36 Cr
    Top FMCG Companies in India - Godrej Customer Products Limited
    Top FMCG Companies in India – Godrej Customer Products Limited

    Being a part of the 122-year-old Godrej Group, Godrej Consumer Products Limited serves as the leading emerging markets company. It is also at the top of the list of startup FMCG companies in India. Besides, it also enjoys the patronage of over 1.15 billion consumers around the globe, which is why it is one of the most trusted consumer companies in India.

    The three primary sections of operation are home care, personal care, and hair care. With an eye of 25 per cent market share in the coming three years, it became the top Indian FMCG company.


    List Of All Subsidiaries Of The Godrej Group
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    Britannia Industries Limited

    Company Name Britannia Industries Limited
    Headquarter Bangalore
    Founder Nusli Wadia
    Founded 1892
    Market Capitalization 1,16,099.72 Cr
    Top FMCG Companies in India - Britannia
    Top FMCG Companies in India – Britannia

    The oldest company on the list, Britannia Industries Limited, holds a legacy of more than 100 years of operation and is one of the best FMCG companies in India. This conglomerate has other FMCG companies or brands in India: Good Day, Milk Bikis, Tiger, NutriChoice and Marie Gold.

    Apart from producing biscuits, it also has a hand in producing Bread, Rusk and Cakes. This B2B FMCG company in India also specializes in manufacturing Dairy products, including Milk, Cheese, Beverages and Yoghurt.


    Britannia Business Model | How does Britannia makes money?
    Britannia is one of the oldest companies in India best known for its biscuit products like Good Day, Marie etc. Here’s an insight into its business model.


    Tata Consumer Product Limited

    Company Name Tata Consumer Product Limited
    Headquarter Kolkata
    Founder Joint Venture with UK-based James Finlay and Company
    Founded 1962
    Market Capitalization 1,09,123.41 Cr
    Top FMCG Companies in India - Tata Consumer Product Limited
    Top FMCG Companies in India – Tata Consumer Product Limited

    Tata Consumer Product is a renowned brand that boasts of its association with the Tata Group, known for its ethical practices, customer-centric values, and exceptional quality. This association has helped Tata Consumer Product to earn the trust and loyalty of its customers. The brand offers a vast range of products, including well-known brands like Tata Tea, Tetley, Tata Salt, and Tata Sampann that cater to a diverse market. These products have become a staple in Indian households, and the brand continues to thrive with its commitment to quality and customer satisfaction. It is one of the leading FMCG companies in India.


    List of All the Tata-Owned Companies | Tata Group
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    Dabur India Limited

    Company Name Dabur India Limited
    Headquarter Ghaziabad
    Founder S.K. Burman
    Founded 1884
    Market Capitalization 91,853.65 Cr
    Top FMCG Companies in India - Dabur India
    Top FMCG Companies in India – Dabur India

    Dabur India Limited is the leading Ayurvedic and Natural Health Care company and is among the FMCG startups in India. It is among the top FMCG companies because it has been operating for 135 years of experience and rich heritage. These consumer goods companies in India have been divided into three groups of Strategic Business Units.

    The main divisions of this FMCG company are Foods Business, Consumer Care Business, and International Business. Consumer Care Business is further divided into Health Care and Home & Personal Care. This is a unique FMCG brand in India that has a wide network distribution. It also covers around 6 million retail outlets with high penetration in both urban and rural markets, making it one of the top 20 FMCG companies in India.

    This Simple Idea Changed FMCG Market Forever

    United Spirits

    Company Name United Spirits
    Headquarter Bangalore
    Founder Angus McDowell
    Founded 1826
    Market Capitalization 79,113.95 Cr
    Top FMCG Companies in India - United Spirits
    Top FMCG Companies in India – United Spirits

    United Spirits, a subsidiary of Diageo, is a renowned name in the world of alcoholic beverages. The company boasts an extensive range of products under its FMCG list, including some of the most popular spirits and alcoholic beverages. These include iconic brands like McDowell’s No. 1, Royal Challenge, and Signature, among others. United Spirits is a dominant player in the Indian market, thanks to its diverse portfolio covering various spirits categories.

    Apart from being a leading player in the industry, United Spirits is also committed to empowering women leaders. The company has taken several measures to ensure the safety and well-being of its female employees. These include arranging special night shifts and establishing partnerships with cab services to ensure that women employees can commute safely. United Spirits’ commitment to gender equality and its efforts towards empowering women leaders make it a truly admirable organization.


    The Liquor Industry in India – All You Need to Know
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    Colgate Palmolive (India)

    Company Name Colgate Palmolive (India)
    Headquarter New York
    Founder William Colgate (Colgate), Burdett J. Johnson (Palmolive)
    Founded 1806
    Market Capitalization 71,122.88 Cr
    Top FMCG Companies in India - Colgate Palmolive
    Top FMCG Companies in India – Colgate Palmolive

    Colgate-Palmolive India holds a prominent position in the Indian market for oral and personal care products. The company boasts an impressive portfolio of toothpaste, toothbrush, and mouthwash brands, including some of the most recognized names such as Colgate Strong Teeth, Colgate Total, and Colgate Max Fresh. Colgate Palmolive India’s products have gained immense popularity and have become synonymous with dental hygiene in India, serving millions of consumers and contributing to their overall health and well-being.


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    Marico

    Company Name Marico Limited
    Headquarter Mumbai, Maharashtra, India
    Founder Harsh Mariwala
    Founded 1990
    Market Capitalization ~69,000 Cr
    Top FMCG Companies in India - Marico
    Top FMCG Companies in India – Marico

    Marico Limited, founded in 1988, is a leading Indian consumer goods company. It sells popular brands like Parachute, Saffola, and Set Wet, and its products reach over 25 countries.

    In 2025, Marico is focusing on innovation and digital transformation. The company uses data to understand customers better, improve marketing, and create new products, especially in the health and wellness space with items that support immunity and well-being.

    Marico also takes sustainability seriously—using eco-friendly packaging, cutting carbon emissions, and supporting education and healthcare projects. Its goal is to grow while also making a positive impact on people and the planet.

    Conclusion

    The growing awareness, changing lifestyles and easier access have been the key development drivers for this sector. The urban segment contributes the largest share of the entire revenue that the top FMCG companies in India are generating. The FMCG market has witnessed faster growth in rural India compared to urban India due to the increasing number of FMCG startups in India. Also, these FMCG-listed companies in India’s semi-urban and rural segments are growing rapidly. The FMCG products account for up to 50% of the overall rural expenditure.

    FAQs

    What is a FMCG company?

    In the FMCG industry, manufacturers often sell the goods to wholesalers, who sell them to retailers, who sell them to consumers.

    How to start a FCMG company?

    1. First of all, determine the form of your business.
    2. Apply for the Trade License from the Municipal Authority.
    3. Additionally, apply for MSME Udyog Aadhaar online registration.
    4. Apply for the ‘Consent to Establish’ from the Pollution Control Board.
    5. Obtain the GST registration.

    What are the top FMCG companies in India in 2024?

    The best FMCG companies in India are Varun Beverages Ltd, Tata Consumer Products, Dabur India Limited, Godrej Consumer Products Limited, Godrej Consumer Products Limited, Britannia Industries Limited, Nestle India, and Hindustan Unilever Limited.

    What is the rank of FMCG in India?

    The FMCG industry is the fourth largest sector in the Indian economy. Household and personal care products account for 50% of the sales in the industry, healthcare accounts for 31-32% and food and beverage accounts for the remaining 18-19%.

    What is the biggest FMCG company?

    The top FMCG Companies in 2024 by Revenue & Profit are Nestle AG, Johnson & Johnson, Procter & Gamble, Pepsi Co, and Unilever.

    Which are the FMCG products?

    Fast-moving consumer goods are non-durable products that sell quickly at relatively low cost.

    Is Nestle an FMCG company?

    Yes, Nestle is among the top FMCG companies in India.

    Is Britannia a FMCG company?

    Yes, Britannia is amongst the top 10 FMCG companies in India (2024).

    Which is the biggest FMCG company in the world?

    P&G is the biggest FMCG company in the world.

  • Varun Beverages: A Journey of Growth, Innovation and Market Leadership

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.

    Varun Beverages Limited (VBL) stands as a significant player in the beverage industry. Furthermore, VBL’s continued focus on expanding its global footprint, coupled with its aggressive market penetration strategies, has allowed it to build lasting relationships with suppliers, distributors and consumers alike. As it eyes future growth through strategic acquisitions and market diversification, Varun Beverages is poised to maintain its momentum in both the Indian and international markets.

    In this StartupTalky, we will explore the strategies, challenges, and achievements that have shaped Varun Beverages’ journey toward becoming a leader in the beverage industry.

    Varun Beverages Limited – Company Highlights

    Name Varun Beverages Limited
    Headquarters Haryana, India
    Sector Manufacturing, bottling and distribution of beverages
    Founder Ravi Kant Jaipuria
    Founded 1995
    Website www.varunbeverages.com

    Varun Beverages Limited – About
    Varun Beverages Limited – Industry
    Varun Beverages Limited – Founders and Team
    Varun Beverages Limited – Mission and Vision
    Varun Beverages Limited – Name, Tagline and Logo
    Varun Beverages Limited – Business Model
    Varun Beverages Limited – Revenue Model
    Varun Beverages Limited – Challenges Faced
    Varun Beverages Limited – Mergers and Acquisitions
    Varun Beverages Limited – Financials
    Varun Beverages Limited – Advertisements and Social Media Campaigns
    Varun Beverages Limited – Awards and Achievements
    Varun Beverages Limited – Competitors
    Varun Beverages Limited – Future Plans

    Varun Beverages Limited – About

    Varun Beverages Limited (VBL) is among the largest PepsiCo franchisees globally, outside of the United States.

    Since partnering with PepsiCo in the 1990s, VBL has built a strong and lasting relationship, steadily expanding its reach and operations. Over the past 25+ years, the company has grown its footprint by acquiring more licensed territories and sub-territories, diversifying its product lineup with new beverage options and packaging formats and strengthening its distribution network.

    VBL produces, distributes and sells a wide array of beverages. These include carbonated soft drinks (CSDs) and a broad range of non-carbonated beverages (NCBs), such as packaged drinking water, all under well-known PepsiCo trademarks. The company’s commitment to quality and innovation ensures that it caters to the evolving tastes of consumers while staying true to its partnership with PepsiCo.


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    Varun Beverages Limited – Industry

    India’s beverages industry has seen a surge of over INR 50,000 crores in investments in recent years, highlighting its growing importance in the country’s economy. The non-alcoholic, ready-to-drink segment alone is on track to surpass INR 1.5 lakh crore in market size by 2030. This sector contributes significantly to the economy, adding an estimated INR 80,000 crores through its downstream and upstream activities.

    A substantial portion of this investment has been directed toward building and expanding manufacturing and bottling facilities, particularly in Tier 2 and Tier 3 cities across various states. This has created tens of thousands of jobs and offers immense potential for further employment growth. The industry also plays a vital role in supporting India’s ‘sunrise’ food processing sector and acts as a backbone for the vast network of kirana shops and retailers nationwide.

    However, challenges persist. A high GST rate of 40% is putting pressure on the industry, potentially stifling opportunities for employment, investment and entrepreneurship.

    According to recent research by the CMI Team, India’s carbonated beverages market is poised for steady growth, with an expected CAGR of 6.5% between 2024 and 2033. The market size, valued at $80.1 billion in 2024, is projected to reach a significant $141.1 billion by 2033, underscoring the sector’s potential and resilience in the face of challenges.

    Varun Beverages Limited – Founders and Team

    Ravi Kant Jaipuria Chairman – RJ Corp

    Manager – Varun Beverages

    Ravi Jaipuria, often hailed as “India’s Cola King,” is a billionaire entrepreneur and the chairman of RJ Corp. Through RJ Corp, he oversees Varun Beverages, PepsiCo’s largest bottling partner outside the United States and Devyani International, India’s largest franchisee of Yum! Brands. Under his leadership, Devyani International operates popular chains like KFC, Pizza Hut, Costa Coffee and TWG Tea outlets across the country.

    Jaipuria pursued business management studies in the United States before returning to India in 1985 to join the family business as a Pepsi bottler. Over the years, he has expanded his ventures across various industries, including a minority stake in Medanta, a leading healthcare organization. His innovative approach and sharp business acumen have cemented his position as a key figure in India’s beverage and foodservice industries.

    Varun Beverages Limited – Mission and Vision

    Mission
    Varun Beverages Limited (VBL) is dedicated to utilizing resources effectively, empowering its workforce and contributing meaningfully to society through its commitment to excellence and ethical practices.

    Vision
    By focusing on sustainable growth, robust financial performance and maximizing market share, VBL aspires to lead the industry while maintaining a forward-thinking approach to its business and community responsibilities.

    Varun Beverages Logo
    Varun Beverages Logo

    Guided by its slogan, “Grow Consistently. Sustain Constantly.”, VBL is dedicated to delivering refreshing experiences to consumers while fostering sustainable business practices.

    Varun Beverages Limited – Business Model

    Varun Beverages Limited (VBL) operates a robust business model centered around the manufacturing, distribution and marketing of PepsiCo beverages in India. The company’s well-integrated operations ensure seamless delivery of high-quality beverages to consumers across diverse markets.

    Manufacturing
    VBL manufactures and bottles a wide range of PepsiCo beverages, including carbonated soft drinks (CSDs), non-carbonated beverages (NCBs) and packaged drinking water (PDW). Key raw materials, such as sugar and PepsiCo concentrates, are sourced from approved suppliers to maintain quality standards. Additionally, VBL produces packaging materials like preforms, crowns and plastic closures in some of its facilities, enhancing operational efficiency.

    Distribution
    The company’s extensive distribution network caters to traditional and modern retail outlets in urban, semi-urban and rural markets. By leveraging this reach, VBL ensures its products are widely available, meeting the diverse demands of its customer base.

    Varun Beverages Limited – Revenue Model

    Collaboration with PepsiCo
    VBL’s partnership with PepsiCo is a cornerstone of its operations. Under a franchisee agreement, VBL is authorized to manufacture and market PepsiCo beverages within designated regions. PepsiCo supports this partnership by providing established brands, concentrates and marketing guidance. In return, VBL pays royalties for using trademarks such as “LEHAR” with products like Aquafina and Evervess, reflecting the collaborative synergy between the two companies.

    Marketing
    VBL drives market presence and brand visibility through localized marketing and promotional efforts, such as investing in chilling equipment and Below-The-Line (BTL) marketing campaigns. These initiatives aim to boost market share while connecting with consumers at a community level.

    Varun Beverages Limited – Challenges Faced

    Demand Risk

    • Risk: A slowdown in target markets or cyclical downturns could reduce sales velocity and adversely impact the company’s growth.
    • Mitigation Plan:Varun Beverages adopts a strategic approach by offering the right brands, featuring tailored products at competitive prices and leveraging effective distribution channels. Its diverse product portfolio caters to the varying tastes and preferences of different consumer segments, ensuring steady demand. Furthermore, the company operates in underpenetrated markets characterized by favorable demographics, growing populations and supportive climatic conditions, contributing to consistent sales growth.

    Business Agreement Risk

    • Risk: Dependence on strategic relationships with PepsiCo poses a risk of termination or less favorable terms during agreement renewals, potentially affecting profitability.
    • Mitigation Plan: Over three decades, Varun Beverages has fortified its relationship with PepsiCo by expanding its territories, diversifying its product offerings and strengthening its distribution network. This partnership has grown stronger, as evidenced by the extension of the bottling appointment and trademark license agreement with PepsiCo India until April 30, 2039. By collaborating on strategic initiatives, investing in joint projects and fostering trust, VBL ensures a mutually beneficial and enduring relationship with PepsiCo, safeguarding its long-term profitability and operational stability.

    Varun Beverages Limited – Mergers and Acquisitions

    Varun Beverages has strategically pursued mergers and acquisitions to expand its market footprint and enhance its production and distribution capabilities, strengthening its position as a leading beverage company globally.

    Acquiree Name Announced Date Price
    SBC Tanzania Nov 12, 2024 INR 13 crore
    The Beverage Company Dec 19, 2023 ZAR 3B

    Varun Beverages Limited – Financials

    Varun Beverages Ltd. Financials (Consolidated) 2024 (INR crore) 2023 (INR crore)
    Total Operating Revenue 20,007.65 16,042.58
    Total Expenses 16,694.35 13,382.10
    Profit/Loss After Tax 2,635.76 (Profit) 2,102.29 (Profit)
    Varun Beverages Financials
    Varun Beverages Financials

    Varun Beverages Limited – Advertisements and Social Media Campaigns

    ‘Swag se Solo’ Campaign

    ‘Swag se Solo’ Campaign

    The ‘Swag se Solo’ campaign launched during the COVID-19 pandemic cleverly combined cultural heritage and public health messaging. Key takeaways:

    • Cultural Relevance: By highlighting the namaste and salaam gestures, the campaign embraced traditional Indian greetings, making them a symbol of both respect and safety.
    • Public Health Advocacy: The campaign effectively communicated the importance of social distancing in a relatable and responsible manner.
    • Youth Engagement: By positioning these traditional greetings as “cool,” the campaign resonated with younger audiences, promoting safe behavior while staying trendy.

    2020 Campaign: Encouraging Self-Belief and Confidence

    Pepsi’s 2020 campaign emphasized individuality and self-expression through its tagline and message. Key observations:

    • Celebration of Individuality: The campaign empowered young people to be authentic, challenging societal norms and judgments with self-confidence and “swag.”
    • Youth-Centric Messaging: It addressed the core struggles of Indian youth, like societal expectations, in a relatable manner.
    • Effortless Cool: The film’s tone and Salman Khan’s persona reinforced the brand’s appeal as youthful, bold and unapologetically self-assured.

    Varun Beverages Limited – Awards and Achievements

    Corporate Governance Awards:

    • Business Brand Award for Best Corporate Governance
    • CFI.CO (UK) for Best FMCG Corporate Governance: A prestigious recognition received for four consecutive years (2018-2022), highlighting consistent excellence in corporate governance within the FMCG sector.
    • India Achievers’ Award for Best Corporate Governance: Bestowed in 2022.
    • Responsible Business Award for Best Corporate Governance: Received in 2022.
    • Golden Peacock Award for Excellence in Corporate Governance: Awarded in 2021.

    Quality Awards

    • Golden Peacock National Quality Award: Recognized in 2022.
    • CII National Award for Food Safety: Received for the production facility in Nuh, emphasizing the company’s commitment to food safety and hygiene standards.

    Sustainability Recognition

    • PepsiCo’s “Better” Category Award: Acknowledged for the company’s contributions towards sustainability, showcasing its initiatives to reduce environmental impact and promote sustainable practices across its operations.

    Varun Beverages Limited – Competitors

    These companies are key players in both the beverage and food industries, with many of them directly competing with Varun Beverages through their product offerings and market presence.
    Beverage Companies:

    1. Nestle India Ltd
    2. Britannia Industries Ltd

    Food Companies:

    1. Adani Wilmar Ltd
    2. ADF Foods Ltd
    3. Bambino Agro Industries Ltd
    4. Bikaji Foods International Ltd
    5. Chordia Food Products Ltd
    6. Euro India Fresh Foods Ltd
    7. LT Foods Ltd
    8. Manpasand Beverages Ltd
    9. Mrs. Bectors Food Specialities Ltd

    Varun Beverages Limited – Future Plans

    Fundraising

    • Varun Beverages (VBL) is planning to raise INR 7,500 crore through a Qualified Institutional Placement (QIP). This capital will be used to fund its expansion efforts, including investments in subsidiaries and strategic acquisitions. Additionally, the funds will be directed towards debt repayment and other corporate purposes.

    Revenue Growth

    • VBL’s revenue in 2023 saw a remarkable 21.8% increase, reaching a total of INR 16,042.58 crore, reflecting strong business performance and robust growth strategies.

    Global Expansion

    • VBL is making significant investments internationally, with a USD 50 million investment in a Pepsi production facility in Kiswishi City, which is part of the first private Special Economic Zone (SEZ) in the Democratic Republic of the Congo (DRC). This move is aligned with VBL’s strategy to further its global footprint.

    Stock Target & Performance

    • The average target for VBL’s stock is set at 690.60, representing an upside potential of 23.21% from its last traded price of 560.50. This indicates strong investor confidence in the company’s future prospects.

    FAQs

    What is Varun Beverages primarily known for?

    Varun Beverages is primarily known as a major bottler and distributor of PepsiCo beverages.

    What brands are made by Varun Beverages?

    Varun Beverages produces popular beverages like Pepsi, Mountain Dew, Mirinda, 7UP, Tropicana juices, Gatorade, Aquafina and Sting.

    Who is a founder of Varun Beverages?

    Ravi Kant Jaipuria is a founder of Varun Beverages.