Varun Beverages Limited (NSE:VBL) — Market Cap & Net Worth
Market Cap & Net Worth: Varun Beverages Limited (VBL)
Varun Beverages Limited (NSE:VBL) has a market capitalization of $18.79 Billion (Rs1.74 Trillion) as of May 2, 2026. Listed on the NSE stock exchange, this India-based company holds position #1338 globally and #38 in its home market, demonstrating a 3.79% 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 Rs513.70 by its total outstanding shares 3381988769 (3.38 Billion). Analyse Varun Beverages Limited cash conversion from operations to see how efficiently the company converts income to cash.
Varun Beverages Limited Market Cap History: 2016 to 2026
Varun Beverages Limited's market capitalization history from 2016 to 2026. Data shows growth from $751.57 Million to $18.79 Billion (37.67% CAGR).
Index Memberships
Varun Beverages Limited is a constituent of 6 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY CONSUMPTION
CNXCONSUM
|
$452.12 Billion | 4.16% | #10 of 30 |
|
NIFTY FMCG
CNXFMCG
|
$209.03 Billion | 8.99% | #4 of 15 |
|
NIFTY 100
NIFTY100
|
$2.04 Trillion | 0.92% | #36 of 100 |
|
NIFTY 200
NIFTY200
|
$2.56 Trillion | 0.73% | #36 of 200 |
|
NIFTY 500
NIFTY500
|
$3.11 Trillion | 0.60% | #36 of 500 |
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$3.20 Trillion | 0.59% | #37 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.
Latest Price to Sales (P/S) Ratio
0.12x
Varun Beverages Limited's market cap is 0.12 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.90x
Varun Beverages Limited's market cap is 0.90 times its annual earnings
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 | $751.57 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 | $23.35 Billion | $200.08 Billion | $25.95 Billion | 0.12x | 0.90x |
Competitor Companies of VBL by Market Capitalization
Companies near Varun Beverages Limited in the global market cap rankings as of May 2, 2026.
Key companies related to Varun Beverages Limited by market ranking:
- The Coca-Cola Company (NYSE:KO): Ranked #46 globally with a market cap of $312.49 Billion USD.
- PepsiCo Inc (NASDAQ:PEP): Ranked #90 globally with a market cap of $215.12 Billion USD.
- Monster Beverage Corp (NASDAQ:MNST): Ranked #355 globally with a market cap of $74.53 Billion USD.
- Coca-Cola European Partners PLC (NASDAQ:CCEP): Ranked #627 globally with a market cap of $42.25 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #46 | The Coca-Cola Company | NYSE:KO | $312.49 Billion | $78.58 |
| #90 | PepsiCo Inc | NASDAQ:PEP | $215.12 Billion | $157.41 |
| #355 | Monster Beverage Corp | NASDAQ:MNST | $74.53 Billion | $77.12 |
| #627 | Coca-Cola European Partners PLC | NASDAQ:CCEP | $42.25 Billion | $94.18 |
Varun Beverages Limited Historical Marketcap From 2016 to 2026
Between 2016 and today, Varun Beverages Limited's market cap moved from $751.57 Million to $ 18.79 Billion, with a yearly change of 37.67%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs18.79 Billion | +4.87% |
| 2025 | Rs17.92 Billion | -23.28% |
| 2024 | Rs23.35 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 | Rs751.57 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Varun Beverages Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $18.79 Billion USD |
| MoneyControl | $18.79 Billion USD |
| MarketWatch | $18.79 Billion USD |
| marketcap.company | $18.79 Billion USD |
| Reuters | $18.79 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
Varun Beverages Limited, together with its subsidiaries, manufactures, bottles, sells, and distributes beverages and value-added products under the PepsiCo brands. It offers carbonated soft drinks under the Pepsi, Pepsi Zero, Mountain Dew, Mirinda, and 7UP brands, as well as Refreshhh, Coo-ee, and Jive brands; fruit pulp/juice-based drinks under the Tropicana, Tropicana Delight, Slice, and Nimboo… Read more