PepsiCo Inc (PEP) operating KPIs
Close on Oct 30, 2026Market cap $187.45BP/E 17.3Yield 4.09%
PepsiCo varun Beverages (VBL — largest international franchise bottler): Total sales volume (million 8-oz unit cases) (M)
Varun Beverages Limited is PepsiCo's second-largest franchisee globally (outside the U.S.), accounting for 90%+ of PepsiCo beverage volume in India plus operations across Africa (South Africa, Morocco, Zimbabwe, Zambia, DRC). Latest calendar quarter published: Q2 2026 (ended June 30, 2026).
Annual history
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| Period | Ended | Varun Beverages (VBL — largest international franchise bottler): Total sales volume (million 8-oz unit cases) (M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 27, 2025 | 1,213 | +7.9% | vbl-pres-FY2025Q4 ↗ |
| FY2024 | Dec 28, 2024 | 1,124 | +23.2% | vbl-pres-FY2025Q4 ↗ |
| FY2023 | Dec 30, 2023 | 913 | +13.9% | vbl-pres-FY2024Q4 ↗ |
| FY2022 | Dec 31, 2022 | 802 | +40.9% | vbl-pres-FY2023Q4 ↗ |
| FY2021 | Dec 25, 2021 | 569 | +33.9% | vbl-pres-FY2026Q2 ↗ |
| FY2020 | Dec 26, 2020 | 425 | -13.8% | vbl-pres-FY2026Q2 ↗ |
| FY2019 | Dec 28, 2019 | 493 | +45.0% | vbl-pres-FY2023Q1 ↗ |
| FY2018 | Dec 29, 2018 | 340 | – | vbl-pres-FY2023Q1 ↗ |
Breakdown
What makes up varun beverages (vbl — largest international franchise bottler): total sales volume (million 8-oz unit cases)
- India domestic sales volume (million unit cases)839 · FY2025
- International territories sales volume (million unit cases)374 · FY2025
- Carbonated soft drinks (CSD) volume (million unit cases)–
- Packaged drinking water volume (million unit cases)–
- Non-carbonated beverages (NCB — juice, energy, dairy) volume (million unit cases)–
- CSD share of VBL volume (%)73.9% · FY2025
- Packaged drinking water share of VBL volume (%)20.2% · FY2025
- NCB share of VBL volume (%)5.9% · FY2025
- Low-sugar / No-sugar products share of VBL consolidated volume (%)59.0% · FY2025
- Net realization per case (INR / case)179 · FY2025
- VBL net revenue from operations (INR millions)14 · FY2025
- VBL gross margin (%)55.2% · FY2025
- VBL EBITDA (INR millions)50,494 · FY2025
- VBL profit after tax — PAT (INR millions)30,620 · FY2025
Cite this data
StockData. (2026). PepsiCo Varun Beverages (VBL — largest international franchise bottler): Total sales volume (million 8-oz unit cases) (M), annual FY2018–FY2025 [Data set]. Compiled from PepsiCo SEC filings and investor materials. https://stockdatahq.com/stocks/pep/kpis/vbl-vol-total
See every metric in the PepsiCo KPI table. Data updated Oct 28, 2026.