About Varun Beverages Limited (VBL)
Varun Beverages Limited is a Beverages - Non-Alcoholic company operating in the Consumer Defensive sector. The company is headquartered in Gurugram, India. VBL has been publicly traded since 2016, giving it 10+ years of trading history.
Varun Beverages Limited (VBL) has been publicly traded since 2016, making it a 10-year-old public company. It operates in the Beverages - Non-Alcoholic industry within the Consumer Defensive sector. The company is headquartered in Gurugram, India and employs approximately 10,654 people. With a market capitalization of $1.4 trillion, VBL is one of the largest publicly traded companies.
VBL trades on the Indian stock exchanges (NSE/BSE) and is classified as a mega-cap-cap stock with a market capitalization of approximately $1.4 trillion. The company employs approximately 10,654 people worldwide.
Key Statistics
- Current Price
- ₹401.30
- Market Cap
- ₹1.36T
- 52-Week High
- ₹568.50
- 52-Week Low
- ₹400.45
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
VBL Investment Performance
VBL has declined 18.1% year-to-date in 2026. Over the past 5 years, a $1,000 investment in VBL would have grown to $5,100, representing a 410.0% total return. Since its IPO in 2016, a $1,000 investment would now be worth $15,153.
₹1,000 Invested in Varun Beverages Limited (VBL)
How much would ₹1,000 invested in VBL be worth today?
What would ₹1,000 invested in VBL 1 year ago be worth today?
A ₹1,000 investment in Varun Beverages Limited (VBL) in 2025 would be worth ₹825 as of May 2026, representing a -17.5% total return.
What would ₹1,000 invested in VBL 3 years ago be worth today?
A ₹1,000 investment in Varun Beverages Limited (VBL) in 2023 would be worth ₹1,545 as of May 2026, representing a +54.5% total return.
What would ₹1,000 invested in VBL 5 years ago be worth today?
A ₹1,000 investment in Varun Beverages Limited (VBL) in 2021 would be worth ₹5,100 as of May 2026, representing a +410.0% total return.
What would ₹1,000 invested in VBL at IPO be worth today?
A ₹1,000 investment in Varun Beverages Limited (VBL) at IPO would be worth ₹15,153 as of May 2026, representing a +1415.3% total return.
Monthly Returns Heatmap
Over the past 9+ years (112 months), Varun Beverages Limited (VBL) has averaged a monthly return of +2.97% with a median return of +2.19%. The stock had 68 positive months (61%) and 44 negative months (39%). The best month in VBL's history was November 2020 with a +33.1% return, while the worst was March 2020 at -34.9%. Historically, November tends to be the strongest month (averaging +10.9%), and March the weakest (-1.9%).
VBL's longest winning streak was 7 consecutive months of gains, while its longest losing streak was 3 consecutive months of losses. The best full year was 2022 with a cumulative return of +86.3%, and the worst was 2025 at -18.0%.
Annual Returns
Over 10 years of trading history, Varun Beverages Limited (VBL) has delivered an average annual return of +40.41% with a median return of +32.87%. The compound annual growth rate (CAGR) is +33.73%. The stock posted gains in 8 years (80%) and losses in 2 years (20%).
VBL's best year was 2022 with a +123.89% gain, while the worst was 2025 at -23.06%. The longest streak of consecutive positive years was 8, and the longest losing streak was 2 years. VBL achieved double-digit gains (10%+) in 8 years. It suffered double-digit losses in 2 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -18.08% | ₹489.85 | ₹401.30 |
| 2025 | -23.06% | ₹636.68 | ₹489.85 |
| 2024 | +29.27% | ₹492.52 | ₹636.68 |
| 2023 | +87.45% | ₹262.74 | ₹492.52 |
| 2022 | +123.89% | ₹117.36 | ₹262.74 |
| 2021 | +45.94% | ₹80.41 | ₹117.36 |
| 2020 | +29.70% | ₹62.00 | ₹80.41 |
| 2019 | +36.04% | ₹45.58 | ₹62.00 |
| 2018 | +20.46% | ₹37.83 | ₹45.58 |
| 2017 | +72.50% | ₹21.93 | ₹37.83 |
VBL Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Varun Beverages Limited as an investment
Valuation
VBL currently trades at a trailing P/E ratio of 44.6, which is considered high relative to the broader market. The forward P/E of 33.9 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 6.9. The price-to-sales ratio is 6.3.
Dividends
Varun Beverages Limited pays a dividend to shareholders with a current yield of 0.50%. This translates to $2.00 per share annually. The payout ratio of 17% indicates sustainable dividend coverage.
Risk & Volatility
VBL has a beta of -0.21, indicating it is less volatile than the overall market. The stock's 52-week range is $400.45 to $568.50, and it currently trades near its 52-week low.
Analyst Ratings
Based on 25 analyst opinions, VBL has a consensus "buy" rating. The average price target of $560.97 suggests 39.8% upside from current levels.
Frequently Asked Questions: VBL
What sector is VBL in? ▼
VBL operates in the Consumer Defensive sector, specifically in the Beverages - Non-Alcoholic industry.
How has VBL performed historically? ▼
Over 10 years of trading history, VBL has posted gains in 8 years (80% of the time). The best year was 2022 with a +123.9% return. Past performance does not guarantee future results.
How can I invest in VBL? ▼
You can invest in VBL through any brokerage account that offers access to Indian exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold VBL.
Does VBL pay dividends? ▼
Varun Beverages Limited pays a dividend to shareholders with a current yield of 0.50%. This translates to $2.00 per share annually. The payout ratio of 17% indicates sustainable dividend coverage.
What does Varun Beverages Limited do? ▼
Varun Beverages Limited is a Beverages - Non-Alcoholic company operating in the Consumer Defensive sector. The company is headquartered in Gurugram, India.
What sector is VBL in? ▼
VBL operates in the Consumer Defensive sector, specifically in the Beverages - Non-Alcoholic industry.
When did VBL go public? ▼
Varun Beverages Limited went public in 2016, making it a 10-year-old public company as of 2026.
How much would $1,000 invested in VBL 5 years ago be worth today? ▼
A $1,000 investment in VBL five years ago would be worth approximately $5,100 today, representing a 410.0% return.
Does VBL pay dividends? ▼
Yes, Varun Beverages Limited pays a dividend with a current yield of 0.50%, which is $2.0 per share annually.
What is VBL's market cap? ▼
Varun Beverages Limited has a market capitalization of $1.4 trillion, classifying it as a mega-cap company.
What is VBL's P/E ratio? ▼
VBL has a trailing P/E ratio of 44.6 and a forward P/E of 33.9, which measures how much investors are paying per dollar of earnings.
Is VBL a buy, hold, or sell? ▼
Based on 25 opinions, VBL has a consensus "buy" rating. The average price target is $560.97.
Last updated: 3/14/2026