Varun Beverages Limited (NSE:VBL)
India flag India · Delayed Price · Currency is INR
420.55
-9.95 (-2.31%)
Oct 19, 2026, 3:29 PM IST

Varun Beverages Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Varun Beverages stock has a consensus rating of "Strong Buy" and an average price target of ₹549.72. The average 1-year stock price forecast is 30.71% higher than the current stock price, while the lowest is ₹422.00 (+0.34%) and the highest is ₹657.00 (+56.22%).

Price Target: ₹549.72 (+30.71%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹422.00₹549.72₹555.00₹657.00
Change+0.34%+30.71%+31.97%+56.22%
* 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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy171719181921
Buy553333
Hold444444
Sell000000
Strong Sell000000
Total262626252628

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹530.00
BuyMaintains₹530.00+26.03%Jul 30, 2026
Jefferies
Jefferies
Buy
Maintains
₹615.00
BuyMaintains₹615.00+46.24%Apr 28, 2026

Financial Forecast

Revenue This Year
256.23B
from 216.85B
Increased by 18.16%
Revenue Next Year
288.64B
from 256.23B
Increased by 12.65%
EPS This Year
10.09
from 8.98
Increased by 12.39%
EPS Next Year
11.63
from 10.09
Increased by 15.28%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
88.23B131.73B160.43B200.08B216.85B256.23B
Revenue Growth
36.79%49.30%21.78%24.72%8.39%18.16%
Gross Profit
47.89B69.12B86.38B111.03B119.70B139.52B
Gross Margin
54.27%52.47%53.84%55.49%55.20%54.45%
Operating Income
11.55B22.88B31.26B39.68B38.33B44.24B
Net Income
6.94B14.97B20.56B25.95B30.36B34.34B
EPS
----8.9810.09
EPS Growth
----13.10%12.39%
Forward PE
40.7949.8367.6792.2753.7141.67
Dividend / Share
0.330.701.001.001.501.88
Dividend Growth
50.00%110.02%42.86%-50.00%25.16%
Free Cash Flow
----7.70B26.04B
No. Analysts
-----26
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202620272028
High265.6B
Avg256.2B
Low242.9B

Revenue Growth

Revenue Growth202620272028
High
22.5%
Avg
18.2%
Low
12.0%

EPS Forecast

EPS202620272028
High11.10
Avg10.09
Low9.00

EPS Growth

EPS Growth202620272028
High
23.6%
Avg
12.4%
Low
0.2%