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.
Our analysis of Varun Beverages Ltd. CY20 annual report highlights the management’s efforts to improve its presence, product mix, and utilization levels. Key insights mentioned below:
Over CY13-20, volume mix of carbonated soft drinks has fallen by ~10% to 73% in CY20 (309 million units).
However, corresponding volume has grown at 13% compound annual growth rate over the same period.
The drop in volume mix is due to increased focus of the management towards diversifying its product portfolio through the introduction of newer products in non-carbonated beverages.
Click on the attachment to read the full report:
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.