Varun Beverages Limited
Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands. It offers carbonated soft drinks under the Pepsi, Pepsi Zero, Mountain Dew, Mirinda, and 7UP brands, as well as Refreshhh, Coo-ee, and Jive brands; fruit pulp/juice-based drinks under the Tropicana, Tropicana Delight, Slice, and Nimboo… Read more
Varun Beverages Limited (VBL) - Total Assets
Latest total assets as of June 2025: ₹247.16 Billion INR
Based on the latest financial reports, Varun Beverages Limited (VBL) holds total assets worth ₹247.16 Billion INR as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Varun Beverages Limited - Total Assets Trend (2012–2024)
This chart illustrates how Varun Beverages Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Varun Beverages Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Varun Beverages Limited's total assets of ₹247.16 Billion consist of 34.0% current assets and 66.0% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹20.45 Billion | 9.8% |
| Accounts Receivable | ₹16.54 Billion | 7.2% |
| Inventory | ₹27.91 Billion | 12.1% |
| Property, Plant & Equipment | ₹131.52 Billion | 56.8% |
| Intangible Assets | ₹11.19 Billion | 4.8% |
| Goodwill | ₹3.01 Billion | 1.3% |
Asset Composition Trend (2012–2024)
This chart illustrates how Varun Beverages Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Varun Beverages Limited's current assets represent 34.0% of total assets in 2024, an increase from 22.9% in 2012.
- Cash Position: Cash and equivalents constituted 9.8% of total assets in 2024, up from 1.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 56.8% of total assets.
Varun Beverages Limited Competitors by Total Assets
Key competitors of Varun Beverages Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
China | CN¥4.72 Billion |
|
Lotte Chilsung Beverage
KO:005300
|
Korea | ₩4.44 Trillion |
|
Orgabio Holdings Bhd
KLSE:0252
|
Malaysia | RM103.06 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
China | CN¥2.02 Billion |
|
Oceanic Beverages Co Inc
TW:1213
|
Taiwan | NT$790.01 Million |
|
Hey-Song Corp
TW:1234
|
Taiwan | NT$23.95 Billion |
|
Sunjuice Holdings Co Ltd
TW:1256
|
Taiwan | NT$4.60 Billion |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
Korea | ₩231.33 Billion |
Varun Beverages Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Varun Beverages Limited generates 0.86x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Varun Beverages Limited generates $ 11.21 in net profit.
Varun Beverages Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.80 | 0.93 | 0.67 |
| Quick Ratio | 1.11 | 0.47 | 0.30 |
| Cash Ratio | 0.48 | 0.07 | 0.00 |
| Working Capital | ₹35.55 Billion | ₹ -4.18 Billion | ₹ -8.67 Billion |
Varun Beverages Limited - Advanced Valuation Insights
This section examines the relationship between Varun Beverages Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.23 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | 52.4% |
| Total Assets | ₹231.44 Billion |
| Market Capitalization | $6.03 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Varun Beverages Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Varun Beverages Limited's assets grew by 52.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Varun Beverages Limited (2012–2024)
The table below shows the annual total assets of Varun Beverages Limited from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ₹231.44 Billion | +52.39% |
| 2023-12-31 | ₹151.87 Billion | +30.72% |
| 2022-12-31 | ₹116.18 Billion | +21.25% |
| 2021-12-31 | ₹95.82 Billion | +13.28% |
| 2020-12-31 | ₹84.58 Billion | +0.83% |
| 2019-12-31 | ₹83.88 Billion | +39.08% |
| 2018-12-31 | ₹60.31 Billion | +14.15% |
| 2017-12-31 | ₹52.84 Billion | +1.04% |
| 2016-12-31 | ₹52.29 Billion | +15.46% |
| 2015-12-31 | ₹45.29 Billion | +37.45% |
| 2014-12-31 | ₹32.95 Billion | +10.22% |
| 2013-12-31 | ₹29.89 Billion | +17.01% |
| 2012-12-31 | ₹25.55 Billion | -- |