Ravi Jaipuria
Non-Executive Chairman
Promise Delivery Record
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q1 FY26Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q1 FY26Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
Varun Beverages · Q4 FY25Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
Varun Beverages · Q4 FY25Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
Varun Beverages · Q4 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q3 FY25Current-quarter results and commentary indicate the prior promise was delivered or materially on track.
Varun Beverages · Q2 FY25Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q3 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q2 FY24Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
Varun Beverages · Q2 FY24Notable Quotes
KFC delivered its strongest performance in the last 14 quarters, posting 4.9% positive SSSG and nearly 15% year-on-year growth during the quarter.
We might be the only company which is holding six months inventory. I think other people will blink before I blink.
I am very bullish on the Indian market, and I believe this should continue in double digits for the next five, 10 years at least.
Our dairy is growing at 60%-70%. Our Nimbooz is growing at 50%-60%. Our Tropicana PET is growing at, I think, more than 100%.
We are fully prepared and we have enough capacity that even if we get a 50% growth we can comfortably do it without adding any capacity.
We might be the only company which is holding 6 months inventory. So I think other people will blink before I blink.
If the weather remains like this, there's no reason why we shouldn't do extremely well.
We would like to maintain that, but you can pray to the weather gods, and hopefully we'll do better.
Our guidance has always been 22%-23%, it's never been higher than that. And I still hope we can, with the volumes coming this year, we should be able to maintain margins somewhere close to this.
If we see that our market share is being taken drastically, we will come to the party.
We are over-prepared, actually. Capacity-wise, we have expanded in the last two years. Even if we grow 50%, we have enough capacities to fulfill that.
We are going to test the market. Hopefully, as soon as we see the tests coming right, we'll go forward with it.