Varun Beverages (NSE:VBL) OCF Margin %: 0.00% (As of Mar. 2026)


NSE:VBL Varun Beverages Ltd NSE:VBL
96 GF Score
Price ₹507.65
GF Value ₹573.53
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Varun Beverages OCF Margin %?

Varun Beverages NSE:VBL +0.19% 96 OCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates NSE:VBL with a GF Score™ of 96/100 and a GF Value™ of ₹573.53 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 117 Beverages - Non-Alcoholic companies, Varun Beverages ranks better than 70.94% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Varun Beverages's Cash Flow from Operations for the three months ended in Mar. 2026 was ₹0 Mil. Varun Beverages's Revenue for the three months ended in Mar. 2026 was ₹65,742 Mil. Therefore, Varun Beverages's OCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.

As of today, Varun Beverages's current OCF Yield % is 2.04%.

The historical rank and industry rank for Varun Beverages's OCF Margin % or its related term are showing as below:

NSE:VBL' s OCF Margin % Range Over the Past 10 Years
Min: 13.85   Med: 16.38   Max: 21.39
Current: 15.46


During the past 11 years, the highest OCF Margin % of Varun Beverages was 21.39%. The lowest was 13.85%. And the median was 16.38%.

NSE:VBL's OCF Margin % is ranked better than
70.94% of 117 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 10.63 vs NSE:VBL: 15.46


Varun Beverages OCF Margin % Related Terms


Varun Beverages OCF Margin % Historical Data

* Premium members only.

The historical data trend for Varun Beverages's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Varun Beverages OCF Margin % Chart

Varun Beverages Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.25 13.85 15.30 17.39 16.84

Varun Beverages Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:VBL vs KO, PEP, MNST: OCF Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, Varun Beverages's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Varun Beverages OCF Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Varun Beverages's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Varun Beverages's OCF Margin % falls into.


NSE:VBL
96GF Score
Varun Beverages Ltd NSE:VBL
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Varun Beverages OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Varun Beverages's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=35093.14/208346.04
=16.84 %

Varun Beverages's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0/65741.9
=0.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 0.00% mean?
Varun Beverages (NSE:VBL) has a OCF Margin % of 0.00% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Varun Beverages and its competitors. Over the past decade, Varun Beverages' OCF Margin % has ranged from 13.85 to 21.39. According to the industry distribution chart, Varun Beverages ranks #34 out of 117 companies in the Beverages - Non-Alcoholic industry, placing it in the top 29.1%.
Is Varun Beverages' OCF Margin % too high?
Varun Beverages' current OCF Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 13.85 to a high of 21.39. Based on the distribution chart, Varun Beverages ranks #34 out of 117 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Varun Beverages has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varun Beverages' OCF Margin % compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Varun Beverages ranks #34 out of 117 companies for OCF Margin %. This puts Varun Beverages in the upper half of its industry. The industry median OCF Margin % is 10.63. Historically, Varun Beverages' own OCF Margin % has ranged from 13.85 to 21.39 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Beverages - Non-Alcoholic company?
The median OCF Margin % among Beverages - Non-Alcoholic companies is 10.63, based on 117 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Varun Beverages and its competitors. For the Beverages - Non-Alcoholic industry, the median OCF Margin % is 10.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varun Beverages's current OCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varun Beverages stock overvalued right now?
Based on GuruFocus' analysis, Varun Beverages (NSE:VBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹573.53, compared to a current price of ₹507.65 — trading 11.5% below its estimated fair value. The current OCF Margin % is 0.00%. Varun Beverages' overall GF Score™ is 96/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Varun Beverages (NSE:VBL), the current OCF Margin % is 0.00% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Varun Beverages (NSE:VBL) Overvalued in 2026?

Based on GuruFocus' analysis, Varun Beverages stock appears to be undervalued. The current stock price of ₹507.65 is trading 11.5% below its estimated GF Value™ of ₹573.53. GuruFocus considers Varun Beverages to be Modestly Undervalued.

Key valuation signals for NSE:VBL:

  • OCF Margin %: 0.00%
  • GF Value™: ₹573.53 vs. price of ₹507.65 (11.5% below fair value)
  • GF Score™: 96/100 with 5 warning signs

No single metric tells the full story. See the NSE:VBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Varun Beverages Business Description

Other Exchanges 540180:India
Address Institutional Area, Plot No. 31, Sector - 44, Gurugram, HR, IND, 122002
Varun Beverages Ltd is engaged in manufacturing, selling, bottling, and distribution of beverages of the Pepsi brand in geographically pre-defined territories of India, Sri Lanka, Nepal, Zambia, Morocco, and Zimbabwe. Its brands include Seven-Up, Mountain Dew, Mirinda, Nimbooz, Tropicana Slice, and other related products. The firm generates a majority of its revenue within India.
96GF Score

Get the complete analysis for NSE:VBL

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹507.65
Price
₹573.53
GF Value