Varun Beverages - Set For Next Leg Of Growth: Motilal Oswal
Varun Beverages - The second largest franchisee in the world (outside U.S.) of carbonated soft drinks and non-carbonated beverages sold under trademarks owned by PepsiCo. (image: Company website)

Varun Beverages - Set For Next Leg Of Growth: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Varun Beverages Ltd. is engaged in the manufacture, sale, bottling, and distribution of PepsiCo’s beverages in pre-defined territories in India.

Impacted by the initial phase of Covid-19, the company’s demand recovered strongly from the latter part of CY20 - led by:

1. pick-up in volumes in the newly acquired territory of South/ West India, 2. strong demand for newly launched products (Mountain Dew – Ice), and 3. re-working of the formulation, which resulted in higher retention of CO2 – leading to higher acceptance and demand.

Click on the attachment to read the full report:

Motilal Oswal Investment Idea Varun Beverage.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.