Varun Beverages (NSE:VBL) Tax Rate %: 22.85% (As of Jun. 2026)

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NSE:VBL Varun Beverages Ltd NSE:VBL
97 GF Score
Price ₹438.30
GF Value ₹595.56
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Varun Beverages Tax Rate %?

Varun Beverages NSE:VBL +1.49% 97 Tax Rate % is 22.85% as of Jun. 2026. GuruFocus rates NSE:VBL with a GF Score™ of 97/100 and a GF Value™ of ₹595.56 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Varun Beverages's Tax Expense for the three months ended in Jun. 2026 was ₹4,518 Mil. Varun Beverages's Pre-Tax Income for the three months ended in Jun. 2026 was ₹19,772 Mil. Therefore, Varun Beverages's Tax Rate % for the quarter that ended in Jun. 2026 was 22.85%.

Varun Beverages Tax Rate % Related Terms

Varun Beverages Tax Rate % Historical Data

* Premium members only.

The historical data trend for Varun Beverages's Tax Rate % 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 Tax Rate % Chart

Varun Beverages Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.88 23.40 23.27 23.27 23.63

Varun Beverages Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.47 20.80 27.55 24.46 22.85
NSE:VBL
97GF Score
Varun Beverages Ltd NSE:VBL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Varun Beverages Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Varun Beverages's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=9476.06/40096.48
=23.63 %

Varun Beverages's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=4518.22/19771.77
=22.85 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 22.85% mean?
Varun Beverages (NSE:VBL) has a Tax Rate % of 22.85% as of Jun. 2026.
Is Varun Beverages' Tax Rate % too high?
Varun Beverages' current Tax Rate % is 22.85%. Overall, Varun Beverages has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varun Beverages' Tax Rate % compare to KO and PEP?
Varun Beverages' Tax Rate % of 22.85% 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 Tax Rate % for a Beverages - Non-Alcoholic company?
A good Tax Rate % depends on the Beverages - Non-Alcoholic industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Varun Beverages's current Tax Rate % is 22.85%. 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 ₹595.56, compared to a current price of ₹438.30 — trading 26.4% below its estimated fair value. The current Tax Rate % is 22.85%. Varun Beverages' overall GF Score™ is 97/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Varun Beverages (NSE:VBL), the current Tax Rate % is 22.85% as of Jun. 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 ₹438.30 is trading 26.4% below its estimated GF Value™ of ₹595.56. GuruFocus considers Varun Beverages to be Modestly Undervalued.

Key valuation signals for NSE:VBL:

  • Tax Rate %: 22.85%
  • GF Value™: ₹595.56 vs. price of ₹438.30 (26.4% below fair value)
  • GF Score™: 97/100 with 1 warning sign

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

Other Exchanges 540180:India
Address Institutional Area, Plot No. 31, Sector - 44, Gurugram, HR, IND, 122002
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.
97GF Score

Get the complete analysis for NSE:VBL

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹438.30
Price
₹595.56
GF Value