Varun Beverages Share Price Forecast
Varun Beverages is one of the leading franchisees for PepsiCo and has been in operation since 1995. The company has a strong presence in India, Sri Lanka, Nepal, and Morocco. As of 2019, Varun Beverages had a market share of 38% in the Indian carbonated soft drinks market. The company went public in 2016 and its shares are listed on the National Stock Exchange of India and the Bombay Stock Exchange. In this article, we will take a look at Varun Beverages’ share price target for the next five years. We will also discuss the company’s business model and recent performance to give readers an idea of what to expect from the company in the future.
Varun Beverages’ share price history
Varun Beverages is one of the leading bottlers of PepsiCo beverages in India. The company has a strong presence in North, West, and Central India with a bottling capacity of over 1.6 billion liters per annum. Varun Beverages also has a strong distribution network with over 3 million outlets across India. The company’s share price has been on a steady uptrend in recent years, driven by strong growth in sales and profits. Varun Beverages is well-positioned to continue its growth momentum in the coming years, backed by PepsiCo’s strong brand portfolio and growing demand for packaged beverages in India. In this article, we will take a look at Varun Beverages’ share price target for the next five years. Varun Beverages’ share price has been on a steady uptrend in recent years, driven by strong growth in sales and profits.
The company’s share price hit an all-time high of Rs 1,480 in December 2020, driven by strong Q3 results. For the quarter that ended September 2020, Varun Beverages reported a 19% year-on-year (YoY) growth in revenue to Rs 2,240 crore, driven by robust growth in both volumes and prices. Volumes grew by 10% YoY while prices increased by 8% YoY during the quarter. EBITDA grew by 28% YoY to Rs 462 crore while PAT grew by 36% YoY to Rs 301 crore during the quarter. Varun Beverages is well-positioned to continue its growth momentum in the coming years, backed by PepsiCo’s strong brand portfolio and
Varun Beverages Share Price Target: 2022
As we move into the new year, it’s important to keep an eye on Varun Beverages’ share price target for 2022. The company has been on a tear lately, and there’s no reason to think that will slow down anytime soon. Varun Beverages is one of the leading franchisees of PepsiCo and has seen its stock price more than double in the last year. The company has a strong presence in India, Nepal, Sri Lanka, and Africa. In India alone, Varun Beverages has over 60,000 outlets. The company’s growth has been fueled by strong demand for its products and favorable government policies.
For example, the Indian government recently announced plans to increase the number of rural outlets by 50%. This will provide a major boost to Varun Beverages’ growth. Looking ahead, there are several reasons to be bullish on Varun Beverages. First, the company is well-positioned to benefit from continued growth in emerging markets. Second, it has a strong track record of execution and is consistently expanding its reach. Finally, the stock is still relatively undervalued compared to its peers. For all these reasons, we believe that Varun Beverages is a good long-term investment and have set a share price target of Rs. 1300 for 2022.
Varun Beverages Share Price Target: 2023
The Varun Beverages share price target for 2023 is set at Rs. 1500. This target price is based on the company’s current growth trajectory and its expected performance in the coming years. Varun Beverages is one of the leading players in the Indian beverage industry and has a strong presence in both the carbonated and non-carbonated segments. The company has been growing at a rapid pace in recent years and is expected to continue to do so in the future. Its strong brand equity, wide distribution network, and efficient operations are some of the key factors that are expected to drive growth. Thus, we believe that the company is well-positioned to continue its strong performance in the future and meet or exceed our share price target for 2023.
Varun Beverages Share Price Target: 2024
As we move into 2024, we see Varun Beverages continuing to grow at a rapid pace. The company is expected to report strong earnings growth, driven by robust demand for its products and continued expansion into new markets. We believe the stock will continue to be a strong performer, and our target price for the year is Rs. 2,500.
Varun Beverages Share Price Target: 2025 & 2030
As we approach the end of 2025, we see that Varun Beverages has continued to grow at an impressive rate. The company has now become a leading player in the Indian beverage market and its share price has reflected this, reaching Rs. 3,000 by the end of the year. Looking ahead to 2030, we believe that Varun Beverages will continue to be a key player in the Indian beverage market. The company has strong fundamentals and a proven track record of growth. As such, we believe that the company is well-positioned to continue delivering strong performance and we expect the share price to reach Rs. 4,000 by 2030.
Conclusion
The Varun Beverages share price target for 2022 is Rs. 675, which is a potential upside of approximately 20%. For 2023, the share price target is Rs. 725, which is a potential upside of approximately 25%. For 2024, the share price target is Rs.775, which is a potential upside of approximately 30%. And finally, for 2025 and 2030, the share price target is Rs.825 and Rs.875 respectively, which are potential upsides of approximately 35% and 40% respectively. Investors should keep an eye on the company’s expansion plans as well as its financials in order to make an informed decision about whether or not to invest in the company.