Varun Beverages Limited (NSE:VBL)
India · Delayed Price · Currency is INR 532.10
-11.95 (-2.20%)
Jun 18, 2026, 3:30 PM IST
Varun Beverages Stock Forecast
Stock Price Forecast
According to 26 analysts polled by S&P Global, Varun Beverages stock has a consensus rating of "Buy" and an average price target of ₹587.23. The average 1-year stock price forecast is 10.36% higher than the current stock price, while the lowest is ₹422.00 (-20.69%) and the highest is ₹657.00 (+23.47%).
Price Target: ₹587.23 (+10.36%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 28, 2026.
Analyst Ratings
The average analyst rating for Varun Beverages stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 17 | 18 | 16 | 17 | 17 | 17 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 26 | 25 | 26 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Buy Maintains ₹615.00 | Buy | Maintains | ₹615.00 | +15.58% | Apr 28, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains ₹565.00 | Buy | Maintains | ₹565.00 | +6.18% | Apr 28, 2026 |
Unknown Analyst Axis Direct No rating | Axis Direct | Buy Maintains ₹520.00 → ₹500.00 | Buy | Maintains | ₹520.00 → ₹500.00 | -6.03% | Feb 21, 2026 |
Unknown Analyst Motilal Oswal No rating | Motilal Oswal | Buy Maintains ₹550.00 | Buy | Maintains | ₹550.00 | +3.36% | Feb 17, 2026 |
Financial Forecast
Revenue This Year
257.57B
from 216.85B
Increased by 18.77%
Revenue Next Year
291.37B
from 257.57B
Increased by 13.12%
EPS This Year
10.37
from 8.98
Increased by 15.44%
EPS Next Year
12.09
from 10.37
Increased by 16.66%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 268.2B | ||
| Avg | 257.6B | ||
| Low | 245.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.7% | ||
| Avg | 18.8% | ||
| Low | 13.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 10.37 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 15.4% | ||
| Low | - |