Varun Beverages Limited Cash Flow Quality Index
Varun Beverages Limited cash flow quality index. Varun Beverages Limited (VBL) has a Cash Flow Quality Index of 0.95x as of December 2025. Operating cash flow of Rs9.44 Billion is below net income of Rs9.93 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore VBL operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Varun Beverages Limited (2012–2025)
Cash flow quality index of Varun Beverages Limited from 2012 to 2025. Historical Cash Flow Quality Index for Varun Beverages Limited across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Varun Beverages Limited (VBL) balance sheet quality index to measure how much of total assets are equity-financed.
Varun Beverages Limited Cash Flow Quality Index by Year (2012–2025)
Varun Beverages Limited cash flow quality index by year from 2012 to 2025. Year-by-year earnings quality comparison for Varun Beverages Limited. For the full cash flow conversion analysis, see VBL cash flow metrics.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | Rs34.48 Billion | Rs30.36 Billion | ▲ +15.3% |
| 2024 | 0.98x | Rs33.81 Billion | Rs34.35 Billion | ▼ -15.3% |
| 2023 | 1.16x | Rs23.91 Billion | Rs20.56 Billion | ▲ +31.5% |
| 2022 | 0.88x | Rs17.90 Billion | Rs20.24 Billion | ▼ -27.7% |
| 2021 | 1.22x | Rs12.31 Billion | Rs10.07 Billion | ▼ -56.2% |
| 2020 | 2.79x | Rs10.12 Billion | Rs3.63 Billion | ▲ +48.0% |
| 2019 | 1.89x | Rs13.05 Billion | Rs6.92 Billion | ▼ -18.7% |
| 2018 | 2.32x | Rs10.00 Billion | Rs4.31 Billion | ▲ +8.6% |
| 2017 | 2.14x | Rs6.19 Billion | Rs2.90 Billion | ▼ -37.5% |
| 2016 | 3.42x | Rs8.30 Billion | Rs2.43 Billion | ▲ +17.5% |
| 2015 | 2.91x | Rs5.55 Billion | Rs1.91 Billion | ▼ -73.9% |
| 2012 | 11.17x | Rs2.80 Billion | Rs251.08 Million | — |