Varun Beverages Limited NSE Symbol:VBL, BSE Security Code:540180 has declared its 4th(fourth) quarter unaudited consolidated financial report from the month of October, 2020 to the month of December, 2020; for the fiscal year 2020-21.
| Revenue Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
12 Months Ended (January, 2020 - December, 2020) |
Corresponding 12 Months Ended (January, 2019 - December, 2019) |
| 1356.91 |
1842.99 |
1275.52 |
6592.76 |
7290.99 |
| Calculated Revenue of Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 486.08 |
26.37%(Revenue Decrease) |
81.39 |
6.38%(Revenue Increase) |
698.23 |
9.58%(Revenue Decrease) |
Revenue: Varun Beverages Limited's financial report shows that the company's revenue decreased by 26.37% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for revenue decrease of Rs.486.08 crores, as the company posted revenue of Rs.1356.91 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported revenue of Rs.1842.99 crores.
The result also shows that the company's revenue increased by 6.38% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for revenue increase of Rs.81.39 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted revenue of Rs.1275.52 crores.
The company also reported that its revenue decreased by 9.58% in 12 months end(January, 2020 - December, 2020) for revenue decrease of Rs.698.23 crores, since the company reported revenue of Rs.6592.76 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted revenue of Rs.7290.99 crores.
| Gross Margin(%) Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
12 Months Ended (January, 2020 - December, 2020) |
Corresponding 12 Months Ended (January, 2019 - December, 2019) |
| 55.57 |
58.93 |
45.00 |
57.32 |
51.62 |
| Calculated Gross Margin(%) of Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 3.35 |
5.69%(GM Decrease) |
10.58 |
23.50%(GM Increase) |
5.70 |
11.05%(GM Increase) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 5.69% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for 3.35% GM decrease, as the company reported 55.57% GM; in compare to previous quarter(July, 2020 - September, 2020) when the company reported 58.93% GM.
The result also indicates, the company's GM increased by 23.50% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for 10.58% GM increase; in compare to corresponding quarter(October, 2019 - December, 2019) when the company reported 45.00% GM.
The company also reported that its GM increased by 11.05% in 12 months end(January, 2020 - December, 2020) for 5.70% GM increase, since the company reported 57.32% GM; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company reported 51.62% GM.
| EBITDA Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
12 Months Ended (January, 2020 - December, 2020) |
Corresponding 12 Months Ended (January, 2019 - December, 2019) |
| 177.80 |
384.26 |
151.75 |
1172.30 |
1494.55 |
| Calculated EBITDA of Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 206.46 |
53.73%(EBITDA Decrease) |
26.05 |
17.17%(EBITDA Increase) |
322.25 |
21.56%(EBITDA Decrease) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 53.73% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EBITDA decrease of Rs.206.46 crores, as the company posted EBITDA of Rs.177.80 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EBITDA of Rs.384.26 crores.
The result also shows that the company's EBITDA increased by 17.17% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EBITDA increase of Rs.26.05 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted EBITDA of Rs.151.75 crores.
The company also reported that its EBITDA decreased by 21.56% in 12 months end(January, 2020 - December, 2020) for EBITDA decrease of Rs.322.25 crores, since the company reported EBITDA of Rs.1172.30 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted EBITDA of Rs.1494.55 crores.
| Profit and Loss Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
12 Months Ended (January, 2020 - December, 2020) |
Corresponding 12 Months Ended (January, 2019 - December, 2019) |
| 7.24(Loss ) |
161.47(Profit ) |
53.95(Loss ) |
357.27(Profit ) |
472.21(Profit ) |
| Calculated Profit and Loss of Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 168.71 |
104.48%(Loss Increase) |
46.71 |
86.58%(Loss Decrease) |
114.94 |
24.34%(Profit Decrease) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 104.48% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for loss increase of Rs.168.71 crores, as the company posted loss of Rs.7.24 crores; in compare to previous quarter(July, 2020 - September, 2020) when the company reported profit of Rs.161.47 crores.
The result also shows that the company's loss decreased by 86.58% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for loss decrease of Rs.46.71 crores; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted loss of Rs.53.95 crores.
The company also reported that its profit decreased by 24.34% in 12 months end(January, 2020 - December, 2020) for profit decrease of Rs.114.94 crores, since the company reported profit of Rs.357.27 crores; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted profit of Rs.472.21 crores.
| EPS Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current Quarter (October, 2020 - December, 2020) |
Previous Quarter (July, 2020 - September, 2020) |
Corresponding Quarter (October, 2019 - December, 2019) |
12 Months Ended (January, 2020 - December, 2020) |
Corresponding 12 Months Ended (January, 2019 - December, 2019) |
| 0.68(Negative) |
5.30 |
2.05(Negative) |
11.40 |
16.83 |
| Calculated EPS of Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Current(December, 2020) VS Previous(September, 2020) |
Current(December, 2020) VS Corresponding(December, 2019) |
12 months Ended(January, 2020 - December, 2020) VS Corresponding 12 months Ended(January, 2019 - December, 2019) |
| Change |
Change % |
Change |
Change % |
Change |
Change % |
| 5.98 |
112.83%(EPS Decrease) |
1.37 |
66.83%(EPS Increase) |
5.43 |
32.26%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 112.83% in QoQ(Quarter on Quarter) / current quarter(October, 2020 - December, 2020) for EPS decrease of Rs.5.98, as the company posted Negative EPS of Rs.0.68; in compare to previous quarter(July, 2020 - September, 2020) when the company reported EPS of Rs.5.30.
The result also shows that the company's EPS increased by 66.83% in YoY(Year over Year) / in current quarter(October, 2020 - December, 2020) for EPS increase of Rs.1.37; in compare to corresponding quarter(October, 2019 - December, 2019) when the company posted Negative EPS of Rs.2.05.
The company also reported that its EPS decreased by 32.26% in 12 months end(January, 2020 - December, 2020) for EPS decrease of Rs.5.43, since the company reported EPS of Rs.11.40; in compare to corresponding 12 months end(January, 2019 - December. 2019) when the company posted EPS of Rs.16.83.
| Assets Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Details |
Non-current Assets |
Current Assets |
| Current Year Ended(December, 2020) |
Previous Year End(December, 2019) |
Current Year Ended(December, 2020) |
Previous Year End(December, 2019) |
| Reported |
6657.81 |
6716.55 |
1799.68 |
1671.88 |
| |
Change |
Change % |
Change |
Change % |
| Calculated |
58.74 |
0.87%(Assets Decrease) |
127.80 |
7.64%(Assets Increase) |
Assets:The company reported its non-current assets decreased by 0.87% in current year end(December, 2020) for non-current assets decrease of Rs.58.74 crores, since the company reported net non-current assets of Rs.6657.81 crores; in compare to previous year end(December, 2019) when the company reported net non-current assets of Rs.6716.55 crores.
The balance sheet of the company also shows that, its current assets increased by 7.64% in current year end(December, 2020) for current assets increase of Rs.127.80 crores, as the company reported net current assets of Rs.1799.68 crores; against previous year end(December, 2019) when the company reported net current assets of Rs.1671.88 crores.
| Liabilities Reported by Varun Beverages Limited for Fourth Quarter FY, 2020-21 |
| Details |
Non-current Liabilities |
Current Liabilities |
| Current Year Ended(December, 2020) |
Previous Year End(December, 2019) |
Current Year Ended(December, 2020) |
Previous Year End(December, 2019) |
| Reported |
2434.64 |
2809.04 |
2434.95 |
2220.29 |
| |
Change |
Change % |
Change |
Change % |
| Calculated |
374.40 |
13.33%(Liabilities Decrease) |
214.66 |
9.67%(Liabilities Increase) |
Liabilities:The company reported its non-current liabilities decreased by 13.33% in current year end(December, 2020) for non-current liabilities decrease of Rs.374.40 crores, since the company reported net non-current liabilities of Rs.2434.64 crores; in compare to previous year end(December, 2019) when the company reported net non-current liabilities of Rs.2809.04 crores.
The balance sheet of the company also shows that, its current liabilities increased by 9.67% in current year end(December, 2020) for current liabilities increase of Rs.214.66 crores, as the company reported net current liabilities of Rs.2434.95 crores; against previous year end(December, 2019) when the company reported net current liabilities of Rs.2220.29 crores.
***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.
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