Varun Beverages Ltd
NSE:VBL
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
Varun Beverages Ltd
NSE:VBL
|
1.5T INR |
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|
|
| US |
|
Coca-Cola Co
NYSE:KO
|
342.8B USD |
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|
|
| US |
|
PepsiCo Inc
NASDAQ:PEP
|
225B USD |
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|
|
| MX |
|
Fomento Economico Mexicano SAB de CV
NYSE:FMX
|
202.9B USD |
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|
|
| US |
|
Monster Beverage Corp
NASDAQ:MNST
|
82B USD |
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|
|
| CN |
|
Nongfu Spring Co Ltd
HKEX:9633
|
541.6B HKD |
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|
|
| UK |
|
Coca-Cola Europacific Partners PLC
NASDAQ:CCEP
|
47.4B USD |
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|
|
| US |
|
Keurig Dr Pepper Inc
NASDAQ:KDP
|
39.9B USD |
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|
|
| MX |
|
Coca-Cola Femsa SAB de CV
NYSE:KOF
|
23.8B USD |
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|
|
| CH |
|
Coca Cola HBC AG
LSE:CCH
|
17.2B GBP |
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|
| MX |
|
Arca Continental SAB de CV
BMV:AC
|
357.9B MXN |
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|
Market Distribution
| Min | -3 052.3% |
| 30th Percentile | 26.9% |
| Median | 39% |
| 70th Percentile | 53.3% |
| Max | 8 269.1% |
Other Profitability Ratios
Varun Beverages Ltd
Glance View
In the bustling world of beverages, where consumer preferences constantly evolve, Varun Beverages Ltd. has carved out a formidable presence. As one of the largest franchisees of PepsiCo outside the United States, the company plays a pivotal role in the bottling and distribution of popular soft drinks, including Pepsi, Mountain Dew, 7UP, and Mirinda. Established in 1995, the company has expanded its footprint across several continents, operating in countries such as India, Sri Lanka, Morocco, Zambia, and Nepal. Varun Beverages has capitalized on its strong relationship with PepsiCo to expand its portfolio beyond carbonated drinks, venturing into bottled water and non-carbonated beverages to meet diverse consumer demands. The company’s business model revolves around the mastery of the supply chain and an extensive distribution network that delivers beverages from the manufacturing floors to the fingertips of consumers. By maintaining tight control over operations—from procurement of raw materials to final distribution—Varun Beverages ensures high efficiency and cost-effectiveness. Revenue streams flow steadily from its ability to cater to a diverse clientele, encompassing retail outlets, restaurants, and other service-led industries. The synergy between production excellence and strategic market expansion has not only bolstered its revenue but also sealed its status as a major player in the beverage industry across its operating regions.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Varun Beverages Ltd is 53.9%, which is above its 3-year median of 52.8%.
Over the last 3 years, Varun Beverages Ltd’s Gross Margin has increased from 47% to 53.9%. During this period, it reached a low of 47% on Dec 31, 2022 and a high of 54.4% on Jun 30, 2024.