Varun Beverages Limited (NSE:VBL)

Varun Beverages Balance Sheet

Financials in millions INR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	22,663	2,422	1,543	1,508	1,046
Short-Term Investments	-	1,836	2,150	1,309	-	-
Cash & Short-Term Investments	24,499	24,499	4,572	2,852	1,508	1,046
Cash Growth	435.81%	435.81%	60.33%	89.18%	44.18%	-24.22%
Accounts Receivable	-	8,458	3,594	2,993	2,212	2,418
Other Receivables	-	8,086	7,109	3,776	2,277	1,670
Receivables	-	16,545	10,703	6,770	4,489	4,188
Inventory	-	27,912	21,505	19,939	14,481	9,288
Prepaid Expenses	-	-	-	-	235.82	-
Other Current Assets	-	9,684	5,576	4,480	4,748	3,475
Total Current Assets	-	78,640	42,356	34,040	25,461	17,997
Property, Plant & Equipment	-	131,480	97,601	69,637	62,246	58,940
Long-Term Investments	-	604.63	221.32	9.32	0.01	0.01
Goodwill	-	3,009	242.3	242.3	242.3	242.3
Other Intangible Assets	-	11,195	5,471	5,509	5,586	5,572
Long-Term Deferred Tax Assets	-	196.31	-	-	24.07	110.18
Other Long-Term Assets	-	6,095	5,980	6,744	2,260	1,305
Total Assets	-	231,439	151,872	116,182	95,819	84,584
Accounts Payable	-	15,604	7,582	8,243	7,118	5,114
Accrued Expenses	-	4,130	4,082	4,004	3,401	2,341
Short-Term Debt	-	12,866	10,032	6,277	6,285	7,139
Current Portion of Long-Term Debt	-	2,370	10,022	13,401	9,001	5,124
Current Portion of Leases	-	1,049	390.38	235.77	136.02	102.26
Current Income Taxes Payable	-	656.23	390.02	755.68	139.41	38.92
Current Unearned Revenue	-	117.37	39.91	2.27	14.06	23.61
Other Current Liabilities	-	8,452	8,993	6,770	4,109	4,467
Total Current Liabilities	-	45,244	41,532	39,688	30,202	24,350
Long-Term Debt	-	8,407	31,889	17,270	18,133	19,796
Long-Term Leases	-	3,571	1,979	1,654	312.63	244.39
Long-Term Unearned Revenue	-	47.31	68.4	5.94	6.73	7.34
Long-Term Deferred Tax Liabilities	-	4,879	3,430	3,368	3,111	2,259
Other Long-Term Liabilities	-	728.04	655.61	609.2	559.92	527.36
Total Liabilities	-	64,043	81,025	64,028	53,852	48,696
Common Stock	-	6,763	6,496	6,496	4,330	2,887
Additional Paid-In Capital	-	96,939	22,637	22,570	24,735	26,178
Retained Earnings	-	69,026	46,108	27,843	14,412	8,487
Comprehensive Income & Other	-	-6,630	-5,875	-5,884	-2,678	-2,312
Total Common Equity	166,098	166,098	69,365	51,024	40,799	35,240
Minority Interest	-	1,298	1,482	1,131	1,168	647.88
Shareholders' Equity	167,396	167,396	70,847	52,155	41,967	35,888
Total Liabilities & Equity	-	231,439	151,872	116,182	95,819	84,584
Total Debt	28,263	28,263	54,313	38,838	33,868	32,406
Net Cash (Debt)	-3,763	-3,763	-49,741	-35,986	-32,360	-31,360
Net Cash Per Share	-1.14	-1.15	-15.31	-11.08	-9.96	-9.66
Filing Date Shares Outstanding	3,379	3,382	3,248	3,248	3,248	3,248
Total Common Shares Outstanding	3,379	3,382	3,248	3,248	3,248	3,248
Working Capital	-	33,395	824.18	-5,647	-4,741	-6,353
Book Value Per Share	49.12	49.12	21.36	15.71	12.56	10.85
Tangible Book Value	151,894	151,894	63,652	45,272	34,971	29,426
Tangible Book Value Per Share	44.92	44.92	19.60	13.94	10.77	9.06
Land	-	8,490	8,432	7,798	7,203	6,912
Buildings	-	30,061	19,210	15,541	14,415	13,697
Machinery	-	108,648	72,459	58,759	54,762	52,943
Construction In Progress	-	11,623	19,222	6,066	4,966	668.15

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.