Varun Beverages Limited (VBL) — Free Cash Flow Generation Index

Latest as of December 2025: -0.18x

Varun Beverages Limited (VBL) has a Free Cash Flow Generation Index of -0.18x as of December 2025. Free cash flow of Rs-1.67 Billion represents 0% of operating cash flow (Rs9.44 Billion). Explore reinvestment intensity of Varun Beverages Limited to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-0.18x
Free Cash Flow / Operating CF

Free Cash Flow

Rs-1.67 Billion
INR

Operating Cash Flow

Rs9.44 Billion
INR

Capital Expenditures

Rs11.12 Billion
INR

Varun Beverages Limited Free Cash Flow Generation Index (2012–2025)

Historical FCF Generation Index trend for Varun Beverages Limited across 14 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Varun Beverages Limited.

Annual Free Cash Flow Generation for Varun Beverages Limited (2012–2025)

Year-by-year Free Cash Flow Generation Index for Varun Beverages Limited. Check total reinvestment intensity of Varun Beverages Limited to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (INR) Operating CF Capital Expenditures YoY Change
2025 0.21x Rs7.08 Billion Rs34.48 Billion Rs27.39 Billion ▲ +274.6%
2024 -0.12x Rs-3.98 Billion Rs33.81 Billion Rs37.79 Billion ▲ +67.8%
2023 -0.37x Rs-8.73 Billion Rs23.91 Billion Rs32.64 Billion ▼ -5864.0%
2022 -0.01x Rs-109.63 Million Rs17.90 Billion Rs18.01 Billion ▼ -102.6%
2021 0.23x Rs2.89 Billion Rs12.31 Billion Rs9.42 Billion ▼ -47.5%
2020 0.45x Rs4.52 Billion Rs10.12 Billion Rs5.60 Billion ▲ +5.8%
2019 0.42x Rs5.52 Billion Rs13.05 Billion Rs7.54 Billion ▲ +199.4%
2018 0.14x Rs1.41 Billion Rs10.00 Billion Rs8.59 Billion ▲ +131.7%
2017 -0.45x Rs-2.76 Billion Rs6.19 Billion Rs8.95 Billion ▼ -2129.4%
2016 0.02x Rs182.31 Million Rs8.30 Billion Rs8.12 Billion ▼ -95.7%
2015 0.52x Rs2.86 Billion Rs5.55 Billion Rs2.69 Billion ▲ +5.1%
2014 0.49x Rs2.11 Billion Rs4.31 Billion Rs2.20 Billion ▲ +204.8%
2013 -0.47x Rs-1.39 Billion Rs2.97 Billion Rs4.36 Billion ▲ +9.8%
2012 -0.52x Rs-1.46 Billion Rs2.80 Billion Rs4.26 Billion —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).