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Varun Beverages
4.0
based on 3.6k Reviews
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Company Overview
Company Locations
Working at Varun Beverages
Company Summary
Varun Beverages operates in the FMCG sector, producing well-known beverage brands while maintaining a strong commitment to environmental and community welfare.
Overall Rating
4.0/5
based on 3.6k reviews
3% above
industry average
Highly rated for
Job security, Salary
Work Policy
Work from office
75% employees reported
Monday to Saturday
80% employees reported
Flexible timing
52% employees reported
Within city
53% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
199 employees reported
Job/Soft skill training
161 employees reported
Office cab/shuttle
125 employees reported
Cafeteria
55 employees reported
View all benefits
About Varun Beverages
Founded in1991 (34 yrs old)
India Employee Count5k-10k
Global Employee Count10k-50k
India HeadquartersGurgaon/Gurugram, Haryana, India
Office Locations
Websitevarunbeverages.com
Primary Industry
Other Industries
View in video summary
Varun Beverages Limited (VBL) is one of the top FMCG players in the Indian Market. We are on track towards strengthening our position in the global beverage industry with our presence in 14 countries in the Indian sub-continent and Africa - where we are responsible for producing popular brands like Pepsi, Mirinda, 7up, Mountain Dew, Slice, Aquafina, Sting, Tropicana, Gatorade, and many more and making them readily available at outlets near you. We are committed towards delivering a refreshing beverage experience to our consumers.
VBL in India is the second-largest franchisee partner for PepsiCo (outside US) and is powered by #HungryForMore spirit of 10,000+ employees who contribute to making the VBL family stronger and bigger every-day. Life@VBL is about endless opportunities and maximizing learnings every-day. We take immense pride in our employees’ commitment, ownership, and spirit of #OneTeamOneDream.
We are equally committed to ESG principles; focusing on environmental stewardship and actively participating in community initiatives demonstrate our dedication to giving back to the environment and society. Our robust governance framework ensures accountability and sustainability in everything we do.
Mission: While refreshing billions of consumers with a vast portfolio of beverages touching all age groups, we shall ensure a suitable ecosystem with a positive impact on our planet and well-being.
Vision: We will be the most admired beverage company in all our markets.
Varun Beverages Ratings
based on 3.6k reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
1.7k
4
930
3
493
2
174
1
310
Category Ratings
3.9
Job security
3.8
Salary
3.7
Company culture
3.7
Work-life balance
3.7
Skill development
3.7
Work satisfaction
3.4
Promotions
Varun Beverages is rated 4.0 out of 5 stars on AmbitionBox, based on 3.6k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Varun Beverages
based on 3.4k reviews
3.7
Rated by 159 Women
Rated 3.8 for Job security and 3.5 for Skill development
4.0
Rated by 3.3k Men
Rated 3.9 for Job security and 3.8 for Work-life balance
Work Policy at Varun Beverages
based on 652 reviews in last 6 months
Work from office
75%
Hybrid
18%
Permanent work from home
7%
Varun Beverages Reviews
Top mentions in Varun Beverages Reviews
+ 5 more
Compare Varun Beverages with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 3.6k reviews | 4.0/5 based on 2.6k reviews  | 4.1/5 based on 1.9k reviews | 4.1/5 based on 940 reviews |
Highly Rated for | Job security Salary | Skill development Work-life balance Salary | Work-life balance Job security Salary | Skill development Company culture Work-life balance |
Critically Rated for |  No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 75% employees reported | Hybrid 59% employees reported | Work from office 70% employees reported | Work from office 56% employees reported |
Rating by Women Employees | 3.7 Good rated by 159 women | 3.9 Good rated by 380 women | 3.8 Good rated by 25 women | 3.5 Good rated by 92 women |
Rating by Men Employees | 4.0 Good rated by 3.3k men | 4.1 Good rated by 2k men | 4.1 Good rated by 1.8k men | 4.2 Good rated by 733 men |
Job security | 3.9 Good | 3.8 Good | 3.9 Good | 3.9 Good |
View more
Varun Beverages Salaries
Varun Beverages salaries have received with an average score of 3.8 out of 5 by 3.6k employees.
Customer Executive
(1k salaries)
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₹2.2 L/yr - ₹7.4 L/yr
Sales Executive
(309 salaries)
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₹1.5 L/yr - ₹8.4 L/yr
Senior Customer Executive
(288 salaries)
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₹3.4 L/yr - ₹8.9 L/yr
Quality Executive
(266 salaries)
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₹1.7 L/yr - ₹5.6 L/yr
Executive Production
(242 salaries)
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₹2.6 L/yr - ₹6.6 L/yr
Area Sales Manager
(240 salaries)
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₹6.9 L/yr - ₹23 L/yr
Deputy Manager
(159 salaries)
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₹6.7 L/yr - ₹14 L/yr
MIS Executive
(155 salaries)
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₹1.7 L/yr - ₹5.5 L/yr
PRE Sales Representative
(141 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
Marketing Executive
(129 salaries)
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₹2 L/yr - ₹8.5 L/yr
Varun Beverages Interview Questions
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Varun Beverages Jobs
Popular Designations Varun Beverages Hires for
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Current Openings
Varun Beverages News
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Varun Beverages stock in focus as brokerages see upside potential
- Varun Beverages stock traded flat at ₹476.45 on the NSE.
- Technical analysis suggests support near 460 and resistance at 486.
- CLSA upgrades Varun Beverages to high conviction outperform list.
- VBL records 36% increase in net profit for December quarter 2024.
HinduBusinessLine | 5 Mar, 2025
Six Stocks In News At Noon: SBI, Varun Beverages, Titan, Inox Green
- Shares of Inox Green rose after Crisil Ratings Ltd. revised its outlook on the company’s long-term bank facilities from stable to positive.
- SBI shares rose over 3% as Citi gave it a double upgrade and raised the target price from Rs 720 to Rs 830.
- Varun Beverages saw its share price rise over 3% as CLSA upgraded the stock's rating to 'high conviction outperform' and raised the target price to Rs 802.
- Titan shares fell over 2% compared to a decline in the benchmark Nifty 50.
Bloomberg Quint | 4 Mar, 2025
Varun Beverages Share Price Rises After Rating Upgrade From CLSA
- Varun Beverages' share price rose 3.25% to Rs 471.80 apiece after CLSA upgraded the stock's rating to 'high conviction outperform' and increased the target price.
- Concerns over increased competition and investors' concern around slowing urban consumption in India have impacted Varun Beverages' stock; however, CLSA believes the growth and profitability outlook remain robust.
- Varun Beverages' capital expenditure may ease going forward, but it will still be higher than FMCG firms.
- Out of 26 analysts tracking the company, 23 maintain a 'buy' rating, and three recommend a 'hold'. The average 12-month analysts' consensus price target implies an upside of 45.4%.
Bloomberg Quint | 4 Mar, 2025
Varun Beverages Extends Acquisition Deadline Of PepsiCo's Ghana Bottler To March 31
- Varun Beverages, PepsiCo's largest franchise bottler, has extended the deadline for completion of the acquisition of Ghana-based SBC Beverages to March 31.
- On Nov. 13, 2024, Varun Beverages Ltd. had entered into a share purchase agreement for the purchase of 100% shares of SBC Beverages Ghana at $15.06 million.
- The transaction was originally estimated to be completed by the end of February 2025.
- In regulatory updates, VBL has announced that the consummation of the transaction is extended to March 31, 2025 instead of the previous deadline of Feb. 28, 2025.
Bloomberg Quint | 26 Feb, 2025
Tax Sops Fail To Cheer Consumer Stocks' As Rs 6-Lakh Crore Rout Deepens
- Indian consumer stocks have failed to rally despite tax benefits, as the benchmark index Nifty FMCG extends its longest losing streak ever.
- Consumer companies have seen a decline of over Rs 6-lakh crore in market capitalization since September last year.
- Rising input costs, weak rural demand, intense competition, and a shift to health-conscious products are factors contributing to the underperformance of consumer stocks.
- Companies such as ITC Ltd., Varun Beverages Ltd., and United Spirits Ltd. have been among the worst performers.
Bloomberg Quint | 20 Feb, 2025
MSCI Rejig: Hyundai India Only Addition In February Review; IndusInd Bank, Zomato Weights To Rise
- Hyundai Motor India, IndusInd Bank, Zomato, Varun Beverages, and Mankind Pharma will have increased weightage in the February MSCI review.
- India's weight in MSCI Global Standard Indexes will rise to 19% from the current 18.8% after the quarterly rejig.
- HDFC Bank holds the highest weightage among Indian stocks in MSCI indexes, followed by Reliance Industries, ICICI Bank, Infosys, and Bharti Airtel.
- MSCI added 19 Indian small-cap stocks and removed an equal number from its indices.
Bloomberg Quint | 12 Feb, 2025
Varun Beverages Gets Bullish Outlook From Brokerages After Strong Q4 Performance
- Varun Beverages reported a 40.3% YoY increase in net profit for the fourth quarter, reaching Rs 185 crore.
- Brokerages remain optimistic about Varun Beverages' future prospects, citing its strong distribution network, capacity expansion, and growth potential in both domestic and international markets.
- Emkay reiterated its "Buy" rating on Varun Beverages with a target price of Rs 800, highlighting the company's enhanced capacity and light balance sheet as key drivers for future growth.
- Motilal Oswal also maintained a "Buy" rating on the stock with a target price of Rs 680, emphasizing volume growth and expanding international markets as major contributors to its strong Q4 performance.
Bloomberg Quint | 11 Feb, 2025
Varun Beverages Q4 Results Review: Motilal Oswal Reiterates 'Buy' On The Stock — Here's Why
- Varun Beverages reported a revenue growth of 38% YoY in Q4 CY24, led by volume growth of 38% YoY, which was majorly driven by the volume addition from South Africa and the Democratic Republic of Congo.
- Motilal Oswal reiterates Buy rating on the stock with a target price of Rs 680
Bloomberg Quint | 11 Feb, 2025
Stock Recommendations Today: Swiggy, Nykaa, Eicher Motor, Varun Beverages On Brokerages' Radar
- Citi has initiated a 'buy' rating for Swiggy, amid improved gameplay and its long-term growth outlook in food delivery and quick commerce.
- Bernstein maintained a cautious outlook on India, with low-volume stocks as their preference.
- In their note they also said that the auto sector could present potential opportunities.
- BofA has maintained an 'underperform' rating on Nykaa, with a target price of Rs 150.
- Citi has maintained a 'sell' rating on Nykaa, raising the target price to Rs 160 from Rs 155.
- Morgan Stanley maintained an 'overweight' rating on Nykaa, with a target price of Rs 200.
- Citi has maintained a 'buy' rating on Eicher and increased the target price to Rs 6,050 from Rs 5,350 per share.
- Bernstein does not see a clear inflection point yet, to add more risk to portfolios.
- Citi has maintained a 'buy' rating on Varun Beverages.
- Jefferies has maintained a 'buy' rating on Indian Hotels, with a target price of Rs 1,000.
Bloomberg Quint | 11 Feb, 2025
Buy, Sell Or Hold: Tejas Networks, HUDCO, ONGC, Linde India — Ask Profit
- Tejas Networks, HUDCO, KPI Green Energy, ONGC were among the stocks analyzed by experts.
- Tejas Networks: Positive view for long-term investment, with strong fundamentals.
- HUDCO: Hold for two to three years with a positive outlook for the housing sector.
- KPI Green Energy: Avoid due to low expectations and small market capitalization.
- ONGC: Avoid due to performance tied to crude oil prices, consider refinery or marketing segments.
- Varun Beverages: Hold with good support levels and potential to reach higher prices.
- Linde India: Good long-term stock due to involvement in gas supply and being a leader in the industry.
Bloomberg Quint | 11 Feb, 2025
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Varun Beverages FAQs
When was Varun Beverages founded?
Varun Beverages was founded in 1991. The company has been operating for 34 years primarily in the Beverage sector.
Where is the Varun Beverages headquarters located?
Varun Beverages is headquartered in Gurgaon/Gurugram, Haryana. It operates in 2 cities such as Gurgaon / Gurugram, Greater Noida. To explore all the office locations, visit Varun Beverages locations.
How many employees does Varun Beverages have in India?
Varun Beverages currently has more than 9,900+ employees in India. Sales & Business Development department appears to have the highest employee count in Varun Beverages based on the number of reviews submitted on AmbitionBox.
Does Varun Beverages have good work-life balance?
Varun Beverages has a Work-Life Balance Rating of 3.7 out of 5 based on 3,500+ employee reviews on AmbitionBox. 73% employees rated Varun Beverages 4 or above, while 27% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Varun Beverages work-life balance reviews for more details
Is Varun Beverages good for career growth?
Career growth at Varun Beverages is rated as moderate, with a promotions and appraisal rating of 3.4. 27% employees rated Varun Beverages 3 or below, while 73% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Varun Beverages promotions/appraisals reviews for more detailed insights.
What are the pros of working in Varun Beverages?
Working at Varun Beverages offers several advantages that make it an appealing place for employees. The company is highly rated for job security and salary & benefits, based on 3,500+ employee reviews on AmbitionBox.
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