Varun Beverages enterprise value

·FMCG & RetailChart ›
MultiplesEnterprise valuePer share
Share price at each year-end
Tap a line for its trendCurrentlast 12MFY26Dec 2025FY25Dec 2024FY24Dec 2023FY23Dec 2022FY22 and earlierAlpha Plus
1,40,285————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
1,7841,7842,266242154
162162130148113
2,5082,5082,8265,4313,695
1,41,171————
7247245605,1893,540
₹417.42————
22,24922,24919,56612,5168,910
11.3%11.3%14.4%43.4%41.5%
0.02×————
5.32×————
23.77×————
31.93×————
183.29×————
Reference items — trailing FY values
26,52222,22620,48116,32113,391
5,9385,0494,7113,6092,788
4,4223,8333,7642,9292,171
—3,5093,3812,3911,790
770770−398−873−11.0
—733−506−936−51.1
—2,7393,7793,2641,801
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

VBL₹414.80

Varun Beverages Ltd.

· FMCG & Retail
₹ CrorePeersUNITDSPRGODREJCPBRITANNIATATACONSUMNESTLEINDITCHINDUNILVRMARICOMcap ₹1.40L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/12/2022
FY24
31/12/2023
FY25
31/12/2024
FY26
31/12/2025
Current/LTM
TTM · last close
Market Capitalization————1,40,284.9
- Cash, Equiv & ST Investments154.3242.22,266.31,784.21,784.2
+ Minority Interest113.1148.2129.8162.3162.3
+ Total Debt3,694.85,431.32,826.32,508.22,508.2
Enterprise Value————1,41,171.2
Net Debt (memo)3,540.55,189.1560.0724.0724.0
EV per Share————417.42
Total Capital8,910.312,516.019,565.922,249.122,249.1
Total Debt/Total Capital41.4743.4014.4411.2711.27
Total Debt/EV————0.02
EV/Sales————5.32
EV/EBITDA————23.77
EV/EBIT————31.93
EV/Free Cash Flow————183.29
Reference Items — Trailing FY Values
Sales13,390.616,321.120,481.322,225.626,522.5
EBITDA2,788.13,609.54,711.15,049.45,937.9
EBIT2,170.92,928.63,763.73,832.94,421.9
Operating Cash Flow1,790.02,390.83,381.13,509.3—
Free Cash Flow-11.0-873.3-397.9770.2770.2
FCFF (free cash flow to the firm)-51.1-936.0-506.1732.8—
Capital Expenditure1,801.03,264.03,779.02,739.1—
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.