Varun Beverages Limited (NSE:VBL) — Market Cap & Net Worth

$14.98 Billion USD · Rs1.39 Trillion INR · Rank #1632

Market Cap & Net Worth: Varun Beverages Limited (VBL)

Varun Beverages Limited (NSE:VBL) has a market capitalization of $14.98 Billion (Rs1.39 Trillion) as of September 17, 2026. Listed on the NSE stock exchange, this India-based company holds position #1632 globally and #50 in its home market, demonstrating a 0.49% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Varun Beverages Limited's stock price Rs409.60 by its total outstanding shares 3382464894 (3.38 Billion). Also see Varun Beverages Limited (VBL) total assets for a full breakdown of the balance sheet.

Varun Beverages Limited Market Cap History: 2016 to 2026

Varun Beverages Limited's market capitalization history from 2016 to 2026. Data shows growth from $751.67 Million to $14.98 Billion (32.90% CAGR). Also see Varun Beverages Limited operating cash flow efficiency for how efficiently the company converts equity into cash flow.

Index Memberships

Varun Beverages Limited is a constituent of 6 market indices:

Index	Total Market Cap	Weight (%)	Rank by Market Cap
NIFTY CONSUMPTION CNXCONSUM	$425.33 Billion	3.52%	#12 of 30
NIFTY FMCG CNXFMCG	$180.74 Billion	8.29%	#4 of 15
NIFTY 100 NIFTY100	$1.94 Trillion	0.77%	#46 of 100
NIFTY 200 NIFTY200	$2.46 Trillion	0.61%	#47 of 200
NIFTY 500 NIFTY500	$3.03 Trillion	0.49%	#47 of 500
NIFTY TOTAL MARKET NIFTYTOTALMKT	$3.13 Trillion	0.48%	#46 of 750

Weight: Varun Beverages Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Varun Beverages Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Varun Beverages Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Varun Beverages Limited (VBL) stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.08x

Varun Beverages Limited's market cap is 0.08 times its annual revenue

Industry average: 0.62x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.59x

Varun Beverages Limited's market cap is 0.59 times its annual earnings

Industry average: 14.06x Lower than industry average

What These Ratios Tell Investors:

Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
Industry comparison provides context for whether the company is valued higher or lower than peers.

Year	Market Cap (USD)	Revenue (USD)	Net Income (USD)	P/S Ratio	P/E Ratio
2016	$751.67 Million	$38.61 Billion	$423.76 Million	0.02x	1.77x
2017	$1.30 Billion	$40.08 Billion	$2.10 Billion	0.03x	0.62x
2018	$1.66 Billion	$51.05 Billion	$2.93 Billion	0.03x	0.57x
2019	$2.26 Billion	$71.30 Billion	$4.69 Billion	0.03x	0.48x
2020	$2.93 Billion	$64.50 Billion	$3.29 Billion	0.05x	0.89x
2021	$4.27 Billion	$88.23 Billion	$6.94 Billion	0.05x	0.62x
2022	$9.56 Billion	$131.73 Billion	$14.97 Billion	0.07x	0.64x
2023	$18.00 Billion	$160.43 Billion	$20.56 Billion	0.11x	0.88x
2024	$23.36 Billion	$200.08 Billion	$25.95 Billion	0.12x	0.90x
2025	$17.92 Billion	$216.85 Billion	$30.36 Billion	0.08x	0.59x

Competitor Companies of VBL by Market Capitalization

Companies near Varun Beverages Limited in the global market cap rankings as of September 17, 2026. Review Varun Beverages Limited tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Varun Beverages Limited by market ranking:

The Coca-Cola Company (NYSE:KO): Ranked #41 globally with a market cap of $374.54 Billion USD.
PepsiCo Inc (NASDAQ:PEP): Ranked #114 globally with a market cap of $185.09 Billion USD.
Monster Beverage Corp (NASDAQ:MNST): Ranked #314 globally with a market cap of $84.42 Billion USD.
Coca-Cola European Partners PLC (NASDAQ:CCEP): Ranked #630 globally with a market cap of $43.76 Billion USD.

Market capitalization comparison (in billions USD)

Rank	Company	Symbol	Market Cap	Price
#41	The Coca-Cola Company	NYSE:KO	$374.54 Billion	$88.71
#114	PepsiCo Inc	NASDAQ:PEP	$185.09 Billion	$135.50
#314	Monster Beverage Corp	NASDAQ:MNST	$84.42 Billion	$44.63
#630	Coca-Cola European Partners PLC	NASDAQ:CCEP	$43.76 Billion	$103.01

Varun Beverages Limited Historical Marketcap From 2016 to 2026

Between 2016 and today, Varun Beverages Limited's market cap moved from $751.67 Million to $ 14.98 Billion, with a yearly change of 32.90%.

Year	Market Cap	Change (%)
2026	Rs14.98 Billion	-16.38%
2025	Rs17.92 Billion	-23.28%
2024	Rs23.36 Billion	+29.72%
2023	Rs18.00 Billion	+88.37%
2022	Rs9.56 Billion	+123.89%
2021	Rs4.27 Billion	+45.93%
2020	Rs2.93 Billion	+29.70%
2019	Rs2.26 Billion	+36.05%
2018	Rs1.66 Billion	+27.87%
2017	Rs1.30 Billion	+72.49%
2016	Rs751.67 Million	--

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Varun Beverages Limited was reported to be:

Source	Market Cap
Yahoo Finance	$14.98 Billion USD
MoneyControl	$14.98 Billion USD
MarketWatch	$14.98 Billion USD
marketcap.company	$14.98 Billion USD
Reuters	$14.98 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Varun Beverages Limited

NSE:VBL India Beverages - Non-Alcoholic

Market Cap

$14.98 Billion

Rs1.39 Trillion INR

Market Cap Rank

#1632 Global

#50 in India

Share Price

Rs409.60

Change (1 day)

-1.66%

52-Week Range

Rs382.20 - Rs544.05

All Time High

Rs673.55