- Varun Beverages’ net income for Q1 is 5.37 billion rupees, marking a 25% increase year-on-year.
- The net income of Varun Beverages surpassed estimates, which were at 5.18 billion rupees.
- Q1 revenue for Varun Beverages also increased by 11% year-on-year, totalling 43.98 billion rupees.
- The estimated revenue was slightly lower, at 43.72 billion rupees.
- Total costs for the period were 36.9 billion rupees, indicating an 8.8% increase year-on-year.
- The company’s new Chief Financial Officer is Rajesh Chawla.
- Varun Beverages is planning to establish a wholly-owned unit in Zimbabwe.
- The company currently holds 17 buys, 3 holds, and 1 sell ratings from analysts.
- All comparisons to past results are based on values reported by the company in earlier disclosures.
A look at Varun Beverages Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Varun Beverages Limited, a company that produces and distributes beverages globally, has been assessed with Smartkarma Smart Scores to provide insight into its long-term outlook. With a strong focus on growth and momentum, Varun Beverages scored well in these areas, indicating a positive trajectory for the company. A high Growth score of 5 suggests that Varun Beverages is poised for significant expansion and development in the future, showcasing its potential for long-term success. Additionally, a Momentum score of 4 underscores the company’s current upward trend, showcasing its ability to maintain its performance momentum.
While Varun Beverages scored lower in areas such as Value, Dividend, and Resilience, its robust ratings in Growth and Momentum are key indicators of its promising outlook. Investors may find Varun Beverages an attractive option for long-term investment, considering its strong growth potential and positive performance momentum in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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