Varun Beverages Limited (VBL) — Financial Flexibility Index

Latest as of June 2025: 0.68x

Varun Beverages Limited (VBL) has a Financial Flexibility Index of 0.68x as of June 2025. Free cash flow of Rs41.92 Billion (operating CF Rs25.65 Billion minus capex Rs16.27 Billion) represents 1% of total liabilities (Rs62.09 Billion). Check VBL capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.68x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs41.92 Billion
Operating CF − Capex

Total Liabilities

Rs62.09 Billion
INR

Capital Expenditures

Rs16.27 Billion
INR

Varun Beverages Limited Financial Flexibility Index (2012–2024)

Historical Financial Flexibility Index trend for Varun Beverages Limited across 13 annual periods. See working capital to net assets of Varun Beverages Limited to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Varun Beverages Limited (2012–2024)

Year-by-year free cash flow to debt coverage for Varun Beverages Limited. For the full company profile including market capitalisation, see VBL market cap overview.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2024 1.12x Rs71.60 Billion Rs33.81 Billion Rs64.04 Billion ▲ +60.2%
2023 0.70x Rs56.55 Billion Rs23.91 Billion Rs81.02 Billion ▲ +24.4%
2022 0.56x Rs35.91 Billion Rs17.90 Billion Rs64.03 Billion ▲ +39.0%
2021 0.40x Rs21.74 Billion Rs12.31 Billion Rs53.85 Billion ▲ +25.1%
2020 0.32x Rs15.72 Billion Rs10.12 Billion Rs48.70 Billion ▼ -21.2%
2019 0.41x Rs20.59 Billion Rs13.05 Billion Rs50.29 Billion ▼ -11.3%
2018 0.46x Rs18.58 Billion Rs10.00 Billion Rs40.25 Billion ▲ +7.2%
2017 0.43x Rs15.14 Billion Rs6.19 Billion Rs35.16 Billion ▼ -12.5%
2016 0.49x Rs16.42 Billion Rs8.30 Billion Rs33.35 Billion ▲ +184.8%
2015 0.17x Rs8.24 Billion Rs5.55 Billion Rs47.64 Billion ▼ -21.5%
2014 0.22x Rs6.51 Billion Rs4.31 Billion Rs29.52 Billion ▼ -16.6%
2013 0.26x Rs7.33 Billion Rs2.97 Billion Rs27.74 Billion ▼ -10.8%
2012 0.30x Rs7.06 Billion Rs2.80 Billion Rs23.83 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities