PepsiCo India's strong year: ₹883 Cr profit

Day 25/100 of in FMCG sector : Today, let's have a look on MDA of Varun Beverages Ltd. which is a key player in beverage industry & one of the largest franchisee of PepsiCo in the world. It is a FMCG company & one of the top player in consumer beverage market. It produces & distributes carbonated soft drinks, non - carbonated drinks & packaged drinking water. 👉 Soft drinks - Key growth drivers & opportunities • Higher disposable income • Increasing urbanisation • Increase in consumer spending • India's large young population • Rural growth - offering small & affordable SKUs • Rising heat temperature every year • Increase demand in healthier version of products - low sugar & zero calorie beverages 👉 90% of Pepsico's sales comes from India. 👉 PepsiCo is responsible for marketing, brands support. 👉 Whereas, VBL is responsible for manufacturing & distribution. 👉 Maintains dividend payout of 10-30% of profit after tax ( standalone basis) 👉 CAGR (2019-2024) is ~17.9% #Finance #Equity #Fmcg

Day 55/100 Understanding of FMCG sector of India Tata Consumer Products: From Tea to FMCG Expansion 🌱 Tata Consumer Products started its journey as a tea giant, building a legacy of trust and quality with brands like Tata Tea and Tetley. ☕ Over time, the company strategically expanded into the FMCG space, diversifying into beverages, packaged foods, and health-focused products. This evolution showcases: ✅ Innovation & Diversification – Beyond tea, entering coffee, water, snacks, and nutrition. ✅ Global Ambition – Acquisitions and partnerships to strengthen international presence. ✅ Consumer-Centric Approach – Catering to evolving tastes, health trends, and lifestyle needs. Tata Consumer Products is a great example of how a traditional brand can transform and thrive in a competitive FMCG landscape without losing its roots. 💡 Key takeaway: Strong heritage + strategic expansion = sustainable growth. #ParthVerma #TheValuationSchool #TataConsumerProducts #100DaysChallenge

🍽️ Stocks That Build Your Food Plate 📈 Every meal we eat is linked to India’s listed companies—from FMCG giants to retail distributors and packaged food players. 🔹 FMCG: Nestlé, Britannia, Dabur, ITC 🔹 Dairy: Heritage, Hatsun Agro, Parag Milk 🔹 Retail & Distribution: D-Mart, Spencer’s, Vishal Mega Mart 🔹 Edible Oils & Staples: Adani Wilmar, Patanjali, Gokul Agro 🔹 Packaged Food & QSR: Jubilant FoodWorks, Westlife, Burger King, RBA This is a reminder that the food ecosystem is deeply tied to the stock market. Investing in what you consume daily could be a smart way to diversify your portfolio. 💡 Next time you pick up your groceries or dine out, remember—you might already be a customer of a listed company. #StockMarket #FMCG #Investing #FoodIndustry #Retail #QSR #WealthCreation #IndiaGrowthStory

One company in India is behind almost every PepsiCo, Mountain Dew Ice, Mirinda, 7Up, Sting, and Aquafina bottle you’ve ever picked up. That company is VARUN BEVERAGES LIMITED (VBL), the powerhouse that bottles and distributes PepsiCo’s beverages across India and several international markets. Here’s how this giant makes its money. A massive 75% of VBL’s revenue comes from carbonated soft drinks, led by household names like Pepsi, Pepsi Black, Mountain Dew, Mirinda, 7Up, and Sting. Interestingly, Mountain Dew alone contributes 47% of all brand revenue, showing how dominant the energy-soda segment has become in India’s youth market. Packaged drinking water, represented by Aquafina, contributes another 18%, while juice-based and fruit pulp drinks like Tropicana Brands Group and Gatorade bolt make up 7% of the company’s total beverage mix. Geographically, 68.4% of VARUN BEVERAGES LIMITED’ revenue comes from India, with the remaining 31.6% generated internationally — reflecting how the brand has expanded beyond borders to become one of PepsiCo’s most important global partners. While Frito-Lay brands like Lays / Kurkure, Frito-Lay’s, Cheetos, and Doritos belong to the PepsiCo India portfolio, they sit outside VBL’s balance sheet — meaning there’s still plenty of untapped synergy potential across categories. For investors, Varun Beverages is a fascinating case study in operational scale, brand licensing, and margin management within FMCG. It is one of the rare businesses in India that thrives on both volume and brand strength — a mix that could make it a long-term portfolio favorite. #brand #startup #business #pepsico

🚨 India’s Cola Showdown: Coca-Cola vs PepsiCo 🚨 Global stories often overlook the real action happening in India’s drink market. Let’s break down the FY24 numbers that tell the tale: 🔹 Revenue (₹ Crores): Coca-Cola India generated ₹14,021 Cr via Hindustan Coca-Cola Beverages and another ₹4,713 Cr from its brand operations. PepsiCo’s India business reached ₹9,097 Cr, with snacks making up nearly three-quarters of that figure. 🔹 Profit Margins: Coke’s bottling business posted ₹2,808 Cr in profit after tax, while Pepsi India’s PAT was ₹883 Cr. 🔹 Market Share in Carbonated Drinks: Coca-Cola commands about 60%, leaving Pepsi with approximately 27%. 🔹 Marketing Budgets: Coca-Cola invests heavily, outspending Pepsi by nearly twice, ₹1,520 Cr versus ₹772 Cr. 🔹 Flagship Brands Revenue: Top performers for Coca-Cola include Thums Up (₹10,000 Cr), Sprite (₹8,000 Cr), and Maaza (₹3,000 Cr). For Pepsi, Mountain Dew leads with ₹2,000 Cr, followed by Pepsi itself at ₹1,800 Cr, and Sting at ₹1,000 Cr. 🔹 Reach & Availability: Coke’s network extends to 4 million outlets nationally; Pepsi products are found in close to 3 million. 📌 What it means: Coca-Cola’s beverage portfolio reigns supreme in volume, brand strength, and promotional firepower. PepsiCo relies heavily on its snacks division to boost growth, with Varun Beverages efficiently handling its drink business. The modern contest in India isn’t just Coke versus Pepsi anymore—it’s Coca-Cola drinks versus Pepsi’s combined snacks and drinks empire. #ColaWars #BeverageBattle #CokeVsPepsi #IndianFMCG #ThumsUp #MountainDew #BrandRivalry #SnackAndSip #MarketLeadership #BusinessInsights

Day 16/100 — HUL is brewing something big ☕ Hindustan Unilever Ltd. is expanding its premium coffee brand Bru Gold, targeting India’s ₹9,000 crore coffee market. Urban cafe culture is booming - and so is the demand for premium instant coffee. HUL’s push is smart bet on premiumisation and margin growth, signaling its next growth wave beyond detergents and personal care. While Nestle's Nescafe dominates today but HUL’s deep distribution and brand trust could make this a game worth watching. In FMCG, sometimes the biggest market shifts come from the smallest product plays. #finance #equity #fmcg

Day 66/100 - “Indian beverages turn up the heat on PepsiCo.” For years, the carbonated drink market was a duopoly. However, 2023 changed that story with the relaunch of Campa Cola. In early 2025, the early monsoon and unpredictable weather patterns further slowed beverage consumption across India, adding another challenge to an already competitive market. Reliance Consumer Products’ relaunch of Campa Cola wasn’t just a nostalgic comeback; it was a strategic business move. By undercutting competitors with competitive pricing, providing better retail margins, and utilising Reliance’s extensive distribution network, Campa Cola was able to disrupt a market long controlled by PepsiCo and Coca-Cola. In just months, the ripple effects became evident, and PepsiCo’s India volume dropped by 1%, marking two consecutive quarters of slowdown. The company even pointed to India’s “competitive landscape” as a key reason during its earnings call. Parth Verma The Valuation School #100dayschallenge #tvschallenge #valuation #equityresearch #fmcg #campa #cocacola #pepsi #varunbeverages

Day 51/100 Understanding the FMCG sector of India PepsiCo India: Beyond Beverages When you hear PepsiCo, the first thing that comes to mind is probably Pepsi, 7UP, or Mountain Dew — but there’s much more to the story. 💡 PepsiCo India is not just a beverage company — it’s a food powerhouse that has shaped the way India snacks, celebrates, and refreshes itself! Let’s look beyond the fizz 👇 🥔 1. The Snack Empire: With brands like Lays, Kurkure, and Doritos, PepsiCo India dominates the savory snack segment. Each brand has been localized — from Magic Masala to Green Chutney Style — reflecting the Indian palate perfectly. 🌾 2. Supporting Farmers: Through its Agri-partnership programs, PepsiCo works directly with thousands of Indian farmers, especially for potato cultivation, ensuring sustainable sourcing and rural development. 🌍 3. Sustainability Goals: The company is pushing toward “Winning with Purpose” — focusing on water conservation, eco-friendly packaging, and women empowerment initiatives. 🥤 4. Balanced Portfolio: From hydrating drinks like Aquafina, to nutritious choices like Quaker Oats, PepsiCo India’s focus has shifted toward a healthier and more diversified product mix. 🎯 Key Takeaway: PepsiCo India has evolved from being a “soft drink company” to a complete food and beverage ecosystem — blending global innovation with Indian values. #ParthVerma #TheValuationSchool #100daysChallenge #PepsiCo #BusinessStrategy #India #FMCG #Marketing #Leadership #Sustainability #Day41Challenge

Day 15/100 of Exploring the FMCG sector. Today's Company - Tata Consumer Products Ltd. Tata Consumer Products Ltd. (TCPL) currently has a market capitalization of approximately ₹1,12,560 crore as of October 2025, positioning it among the leading FMCG players in India and ranking it as the world's 1601st largest company by market cap. The company's business portfolio is divided into several key segments: beverages (including tea and coffee), foods (such as packaged salt, pulses, spices, snacks, and ready-to-eat items), water and liquid beverages, and out-of-home segments like Tata Starbucks cafes. Prominent brands under Tata Consumer include Tata Tea, Tetley, Tata Coffee Grand, Eight O’Clock Coffee, Tata Salt, Tata Sampann, Tata Soulfull, Himalayan Water, and Tata Starbucks. This broad portfolio gives the company a strong presence across multiple consumer categories in both Indian and global markets. For the financial year 2024-2025, Tata Consumer Products Ltd. reported consolidated revenue of ₹17,618 crore, reflecting a 16% year-on-year growth. India Branded Business achieved an underlying volume growth (UVG) of 4.5% for the year. The beverages segment grew 10% (with 3% organic growth) and the foods segment reported a robust 29% expansion (13% organic). International business, contributing a significant share, delivered a solid 7% growth. Group net profit stood at ₹1,287 crore for the year, with performance driven by both organic growth and successful integration of acquired businesses. Strengths of Tata Consumer Products Ltd. include its diversified brand portfolio, strong distribution network, and leadership in core categories like tea and salt. Its focus on sustainability, innovation, and digital transformation supports long-term growth. However, the company faces weaknesses such as exposure to commodity price volatility, competitive pressures in the foods and beverages market, and integration challenges from recent acquisitions. Additionally, international operations are subject to currency risks and regulatory changes, which can impact overall profitability. #FINANCE #EQUITY #FMCGSECTOR Parth Verma

As we know the FMCG sector is 4th largest sector in India, hence competition is also very high due to the demand of daily use products. Let's see the key competitors/peers of Tata Consumer Products Limited (TCPL) in India in each category of products. 1. Tea and Coffee ☕: The major competitors are Hindustan Unilever (Red Label, Lipton),Nestlé (Nescafe Coffee), Hindustan Unilever(Bru Coffee) etc., 2. Liquid Beverage🧃: The major competitors in this category are Varun Beverages Ltd(Aquafina, Cream Bell), Nestlé(Nescafe Tetra Pack) and other unlisted companies. 3. Foods : The top competitors in this category are ITC Ltd(Ashirwad), Patanjali Food Ltd(Patanjali) and many private and local companies. These are the major competitors and many more local, regional and international of Tata Consumer Products in India. #Finance #Equity #FMCG #TATA