Varun Beverages Limited (NSE:VBL)
India flag India · Delayed Price · Currency is INR
409.45
-5.55 (-1.34%)
Sep 3, 2026, 12:45 PM IST

Varun Beverages Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Varun Beverages stock has a consensus rating of "Strong Buy" and an average price target of ₹549.76. The average 1-year stock price forecast is 34.27% higher than the current stock price, while the lowest is ₹422.00 (+3.07%) and the highest is ₹657.00 (+60.46%).

Price Target: ₹549.76 (+34.27%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹422.00₹549.76₹555.00₹657.00
Change+3.07%+34.27%+35.55%+60.46%
* Price targets were last updated on Jul 30, 2026.

Analyst Ratings

The average analyst rating for Varun Beverages stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy171717171918
Buy555533
Hold444444
Sell000000
Strong Sell000000
Total262626262625

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹530.00
BuyMaintains₹530.00+29.44%Jul 30, 2026
Jefferies
Jefferies
Buy
Maintains
₹615.00
BuyMaintains₹615.00+50.20%Apr 28, 2026

Financial Forecast

Revenue This Year
256.24B
from 216.85B
Increased by 18.16%
Revenue Next Year
288.94B
from 256.24B
Increased by 12.76%
EPS This Year
10.12
from 8.98
Increased by 12.65%
EPS Next Year
11.67
from 10.12
Increased by 15.36%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
88.23B131.73B160.43B200.08B216.85B256.24B
Revenue Growth
36.79%49.30%21.78%24.72%8.39%18.16%
Gross Profit
47.89B69.12B86.38B111.03B119.70B139.47B
Gross Margin
54.27%52.47%53.84%55.49%55.20%54.43%
Operating Income
11.55B22.88B31.26B39.68B38.33B44.03B
Net Income
6.94B14.97B20.56B25.95B30.36B34.23B
EPS
----8.9810.12
EPS Growth
----13.10%12.65%
Forward PE
40.7949.8367.6792.2753.7140.47
Dividend / Share
0.330.701.001.001.501.84
Dividend Growth
50.00%110.02%42.86%-50.00%22.49%
Free Cash Flow
-1.17B-1.38B-13.17B-14.64B-1.02B25.81B
No. Analysts
-----25
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202620272028
High263.3B
Avg256.2B
Low243.8B

Revenue Growth

Revenue Growth202620272028
High
21.4%
Avg
18.2%
Low
12.4%

EPS Forecast

EPS202620272028
High11.10
Avg10.12
Low9.50

EPS Growth

EPS Growth202620272028
High
23.6%
Avg
12.7%
Low
5.8%