AI Summary
✦ ClarthaValuation Metrics
Trading 12.4% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -0.89). Confidence: 85%.
Live forward EPS implies next-12-month EPS of ₹11.68. Applying the stock's normalized valuation corridor produces a fair range of ₹532.61 to ₹660.15, with base value near ₹581.43 (+33.1% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹11.68
Forward P/E
37.4x
Base Fair Value
₹581.43
Fair Range
₹532.61 - ₹660.15
Upside To Base
+33.1%
Estimate Source
Live forward EPS
Growth Estimate
+15.7%
5Y Average
38.71
Current
43.61
Overvalued
56.52
Undervalued
45.60
5Y Average
23.68
Current
26.68
Overvalued
31.73
Undervalued
14.79
5Y Average
5.44
Current
6.13
Overvalued
7.29
Undervalued
3.40
Peers & Comparison
Sector: Consumer Staples · Theme: Soft Drinks
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
TATA CONSUMER PRODUCT LTD TATACONSUMTea & Coffee | +11.9% | 7.8% | 63.6x Fair | 0% vs avg | +5.9% |
VARUN BEVERAGES LIMITED trades at a discount (43.6x vs peer avg 63.6x), suggesting potential undervaluation relative to the Soft Drinks cohort. Peers include TATA CONSUMER PRODUCT LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹4.50K CrMar 2026Latest net profit
₹788 CrMar 2026Latest EPS
₹2.33Mar 2026Net margin
21.6%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,222 | 4,672 | 2,892 | 1,846 | 3,446 | 5,802 | 3,087 | 2,014 | 4,053 | 5,305 | 3,064 | 2,135 | 4,501 |
| Expenses | 2,550 | 3,364 | 2,185 | 1,552 | 2,625 | 4,063 | 2,286 | 1,691 | 3,042 | 3,664 | 2,277 | 1,810 | 3,328 |
| Operating Profit | 536 | 1,178 | 579 | 169 | 681 | 1,572 | 644 | 169 | 845 | 1,461 | 615 | 140 | 973 |
| OPM % | 16.65% | 25.22% | 20.03% | 9.15% | 19.77% | 27.09% | 20.85% | 8.38% | 20.86% | 27.55% | 20.06% | 6.56% | 21.63% |
| Other Income | 18.51 | 45.52 | 31.04 | 51.08 | 32.61 | 67.25 | 100 | 154 | 59.8 | 90.01 | 150 | 214 | 74.32 |
| Interest | 56.55 | 62.3 | 55.69 | 66.55 | 83.96 | 103 | 98.64 | 63.89 | 7.8 | 3.69 | 7.94 | 12.82 | 4.26 |
| Depreciation | 136 | 129 | 128 | 125 | 139 | 167 | 157 | 154 | 165 | 180 | 172 | 185 | 199 |
| Profit before tax | 498 | 1,162 | 555 | 154 | 630 | 1,536 | 645 | 259 | 897 | 1,548 | 757 | 342 | 1,043 |
| Tax % | 25.19% | 25.28% | 25.06% | 24.6% | 25.52% | 25.11% | 23.69% | 19.13% | 24.43% | 25.04% | 23.68% | 23.88% | 24.49% |
| Net Profit | 373 | 868 | 416 | 116 | 469 | 1,150 | 492 | 209 | 678 | 1,160 | 577 | 260 | 788 |
| EPS in Rs | 2.87 | 6.68 | 3.20 | 0.91 | 1.44 | 3.54 | 1.52 | 0.63 | 2.01 | 3.43 | 1.71 | 0.77 | 2.33 |
All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.