Varun Beverages (NSE:VBL) EPS (Basic): ₹9.40 (TTM As of Mar. 2026)

What is Varun Beverages EPS (Basic)?

Varun Beverages NSE:VBL +0.19% 96 EPS (Basic) is ₹9.40 as of Mar. 2026. GuruFocus rates NSE:VBL with a GF Score™ of 96/100 and a GF Value™ of ₹573.26 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Varun Beverages's basic earnings per share (Basic EPS) for the three months ended in Mar. 2026 was ₹2.58. Its basic earnings per share (Basic EPS) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.40.

Varun Beverages's EPS (Diluted) for the three months ended in Mar. 2026 was ₹2.58. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9.40.

Varun Beverages's EPS without NRI for the three months ended in Mar. 2026 was ₹2.58. Its EPS without NRIearnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was 9.40.

During the past 12 months, Varun Beverages's average EPS without NRIGrowth Rate was 11.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 21.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was 49.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 43.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 11 years, Varun Beverages's highest 3-Year average EPS without NRI Growth Rate was 90.50% per year. The lowest was 19.20% per year. And the median was 39.90% per year.

Varun Beverages (NSE:VBL) EPS (Basic) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.

Varun Beverages EPS (Basic) Related Terms

Varun Beverages EPS (Basic) Historical Data

* Premium members only.

The historical data trend for Varun Beverages's EPS (Basic) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Varun Beverages EPS (Basic) Chart

Varun Beverages Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EPS (Basic)

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2.14

4.61

6.33

7.95

8.98

Varun Beverages Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EPS (Basic)	Get a 7-Day Free Trial															2.15	3.89	2.19	0.74	2.58

96GF Score

Varun Beverages Ltd NSE:VBL

EPS (Basic) is just one metric. See GF Score™, valuation, warning signs, and more.

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Varun Beverages EPS (Basic) Calculation

EPS (Basic) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Basic earnings per share (EPS) do not factor in the dilutive effects on convertible securities.

Varun Beverages's Basic EPS for the fiscal year that ended in Dec. 2025 is calculated as

Basic EPS (A: Dec. 2025 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(30364.89	-	0)	/	3381.871
	=	8.98

Varun Beverages's Basic EPS for the quarter that ended in Mar. 2026 is calculated as

Basic EPS (Q: Mar. 2026 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Basic Average)
	=	(8723.55	-	0)	/	3381.221
	=	2.58

EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9.40

Frequently Asked Questions Learn more about EPS (Basic) →

What does a EPS (Basic) of ₹9.40 mean?

Varun Beverages (NSE:VBL) has a EPS (Basic) of ₹9.40 as of Mar. 2026. Earnings per share (basic) equals net income divided by the standard, non-diluted average shares outstanding. View historical data on Varun Beverages and its competitors.

Is Varun Beverages' EPS (Basic) too high?

Varun Beverages' current EPS (Basic) is ₹9.40. Overall, Varun Beverages has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Varun Beverages' EPS (Basic) compare to KO and PEP?

Varun Beverages' EPS (Basic) of ₹9.40 can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EPS (Basic) for a Beverages - Non-Alcoholic company?

A good EPS (Basic) depends on the Beverages - Non-Alcoholic industry context. However, EPS (Basic) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EPS (Basic) mean?

A high EPS (Basic) can signal that a stock is expensive relative to its fundamentals. Earnings per share (basic) equals net income divided by the standard, non-diluted average shares outstanding. View historical data on Varun Beverages and its competitors. Varun Beverages's current EPS (Basic) is ₹9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Varun Beverages stock overvalued right now?

Based on GuruFocus' analysis, Varun Beverages (NSE:VBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹573.26, compared to a current price of ₹507.65 — trading 11.4% below its estimated fair value. The current EPS (Basic) is ₹9.40. Varun Beverages' overall GF Score™ is 96/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EPS (Basic) calculated?

EPS (Basic) is calculated from a company's financial statements. For Varun Beverages (NSE:VBL), the current EPS (Basic) is ₹9.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Varun Beverages (NSE:VBL) Overvalued in 2026?

Based on GuruFocus' analysis, Varun Beverages stock appears to be undervalued. The current stock price of ₹507.65 is trading 11.4% below its estimated GF Value™ of ₹573.26. GuruFocus considers Varun Beverages to be Modestly Undervalued.

Key valuation signals for NSE:VBL:

EPS (Basic): ₹9.40
GF Value™: ₹573.26 vs. price of ₹507.65 (11.4% below fair value)
GF Score™: 96/100 with 5 warning signs

No single metric tells the full story. See the NSE:VBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Varun Beverages Business Description

Industry Consumer Defensive Beverages - Non-Alcoholic

Comparable Companies BOM:538920 BOM:500356 BOM:526827 BOM:507690 BOM:542802 KO PEP MNST HKSE:09633 KDP LSE:CCEP COCSF MEX:AC LSE:CCH SHSE:605499 HKSE:02097 COKE PRMB CELH TSE:2587

Other Exchanges 540180:India

Address Institutional Area, Plot No. 31, Sector - 44, Gurugram, HR, IND, 122002

Website https://www.varunbeverages.com

Varun Beverages Ltd is engaged in manufacturing, selling, bottling, and distribution of beverages of the Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, and Zimbabwe. Its brands include Seven-Up, Mountain Dew, Mirinda, Nimbooz, Tropicana Slice, and other related products. The firm generates a majority of its revenue within India.

96GF Score

Get the complete analysis for NSE:VBL

EPS (Basic) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹507.65

Price

₹573.26

GF Value

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