Varun Beverages

VBL · NSE · INR

₹425.30Change from previous close: −1.55%Absolute change: −₹6.70

Close · October 1, 2026

Valuation

Data as of October 3, 2026

Valuation multiples

Market cap
₹1.44T
Enterprise value
₹1.45T
P/E (trailing 12 months)
42.6
Forward P/E
36.4
Price/book
6.61
Price/sales
5.96
EV/EBITDA
26.0
EV/revenue
6.01

Profitability and growth

Gross margin
55.5%
Operating margin
24.1%
Net margin
14.0%
ROE
16.9%
ROA
9.8%
Revenue growth (year over year)
20.4%
Earnings growth (year over year)
15.7%

Financial health

Total cash
₹25.68B
Total debt
₹34.84B
Debt/equity
0.16
Current ratio
2.03
Quick ratio
0.81

Dividends

Annual dividend per share
₹2.00
Dividend yield
0.5%
Payout ratio
15.0%
Ex-dividend date
July 31, 2026

Analysts and estimates

Average price target
₹548.41
Median price target
₹555.00
High price target
₹657.00
Low price target
₹422.00
Analysts with a price target
27
Consensus
Strong buy
Forward EPS
₹11.68
EPS estimate, current year
₹10.13

Shares and trading

Beta
0.28
Average volume
6.6M
Shares outstanding
3.38B
Float
1.3B
Institutional ownership
23.0%
Insider ownership
60.6%