Varun Beverages Limited Capital Reinvestment Ratio
Varun Beverages Limited capital reinvestment ratio. Varun Beverages Limited (VBL) has a Capital Reinvestment Ratio of 1.18x as of December 2025, meaning it reinvests 1% of its operating cash flow (Rs9.44 Billion) in capital expenditures (Rs11.12 Billion). See VBL FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Varun Beverages Limited (2012–2025)
Capital reinvestment ratio of Varun Beverages Limited from 2012 to 2025. This chart tracks Varun Beverages Limited's Capital Reinvestment Ratio across 14 annual periods. See Varun Beverages Limited free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Varun Beverages Limited Capital Reinvestment Ratio by Year (2012–2025)
Varun Beverages Limited capital reinvestment ratio by year from 2012 to 2025. For the full cash flow conversion analysis, see VBL cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | Rs34.48 Billion | Rs27.39 Billion | ▼ -28.9% |
| 2024 | 1.12x | Rs33.81 Billion | Rs37.79 Billion | ▼ -18.1% |
| 2023 | 1.37x | Rs23.91 Billion | Rs32.64 Billion | ▲ +35.7% |
| 2022 | 1.01x | Rs17.90 Billion | Rs18.01 Billion | ▲ +31.5% |
| 2021 | 0.77x | Rs12.31 Billion | Rs9.42 Billion | ▲ +38.4% |
| 2020 | 0.55x | Rs10.12 Billion | Rs5.60 Billion | ▼ -4.2% |
| 2019 | 0.58x | Rs13.05 Billion | Rs7.54 Billion | ▼ -32.8% |
| 2018 | 0.86x | Rs10.00 Billion | Rs8.59 Billion | ▼ -40.6% |
| 2017 | 1.45x | Rs6.19 Billion | Rs8.95 Billion | ▲ +47.8% |
| 2016 | 0.98x | Rs8.30 Billion | Rs8.12 Billion | ▲ +101.7% |
| 2015 | 0.48x | Rs5.55 Billion | Rs2.69 Billion | ▼ -4.9% |
| 2014 | 0.51x | Rs4.31 Billion | Rs2.20 Billion | ▼ -65.3% |
| 2013 | 1.47x | Rs2.97 Billion | Rs4.36 Billion | ▼ -3.4% |
| 2012 | 1.52x | Rs2.80 Billion | Rs4.26 Billion | — |