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Indian (NIFTY) Beverage Industry Analysis

UpdatedJan 21, 2026
DataAggregated Company Financials
Companies27
  • 7D-3.0%
  • 3M-5.1%
  • 1Y-9.7%
  • YTD-6.5%

Over the last 7 days, the Beverage industry has dropped 3.0%, driven by Varun Beverages declining 4.9%. However, the industry is down 9.7% over the past year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the Indian Beverage Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Jan 2026₹3.7t₹647.8b₹66.0b35x56.8x5.8x
Fri, 19 Dec 2025₹3.9t₹644.5b₹65.6b40.3x59.5x6.1x
Sun, 16 Nov 2025₹4.0t₹646.6b₹65.6b45.6x60.9x6.2x
Tue, 14 Oct 2025₹3.8t₹637.2b₹63.0b37.3x59.6x5.9x
Thu, 11 Sep 2025₹3.8t₹635.8b₹63.0b41.9x60.7x6x
Sat, 09 Aug 2025₹3.9t₹632.1b₹63.1b39.6x62.1x6.2x
Mon, 07 Jul 2025₹3.8t₹623.7b₹61.4b36.7x61.8x6.1x
Wed, 04 Jun 2025₹3.9t₹666.2b₹60.5b33.6x65.2x5.9x
Fri, 02 May 2025₹4.1t₹604.9b₹54.9b30.2x74x6.7x
Sun, 30 Mar 2025₹3.9t₹591.2b₹54.8b33.7x72x6.7x
Tue, 25 Feb 2025₹3.7t₹591.2b₹54.8b31.6x68x6.3x
Thu, 23 Jan 2025₹4.0t₹571.9b₹54.3b42.6x73.9x7x
Sat, 21 Dec 2024₹4.4t₹571.7b₹54.3b43.4x80.6x7.7x
Mon, 18 Nov 2024₹4.0t₹571.4b₹54.4b39x73.3x7x
Wed, 16 Oct 2024₹4.2t₹599.2b₹52.4b43.9x80.9x7.1x
Fri, 13 Sep 2024₹4.3t₹599.2b₹52.4b47.8x82.7x7.2x
Sun, 11 Aug 2024₹4.0t₹600.3b₹52.3b43.7x76.8x6.7x
Tue, 09 Jul 2024₹4.0t₹530.2b₹49.0b44.9x82.7x7.6x
Thu, 06 Jun 2024₹3.8t₹505.5b₹48.9b40.4x77.8x7.5x
Sat, 04 May 2024₹3.8t₹484.5b₹46.3b40x81.6x7.8x
Mon, 01 Apr 2024₹3.5t₹482.6b₹45.9b37.2x75.9x7.2x
Wed, 28 Feb 2024₹3.6t₹482.6b₹45.9b38.4x77.9x7.4x
Fri, 26 Jan 2024₹3.3t₹470.7b₹44.6b25.6x74.5x7.1x
Sun, 24 Dec 2023₹3.2t₹466.9b₹43.1b32.2x74.6x6.9x
Tue, 21 Nov 2023₹2.9t₹466.9b₹43.1b30.2x67.6x6.2x
Thu, 19 Oct 2023₹2.7t₹456.2b₹44.1b29.5x61.6x6x
Sat, 16 Sep 2023₹2.7t₹627.2b₹44.1b23.9x61.6x4.3x
Mon, 14 Aug 2023₹2.6t₹627.1b₹44.1b23.2x58.2x4.1x
Wed, 12 Jul 2023₹2.5t₹615.8b₹39.8b24.3x62.1x4x
Fri, 09 Jun 2023₹2.4t₹617.2b₹39.8b24.5x59.2x3.8x
Sun, 07 May 2023₹2.2t₹441.3b₹40.5b21.8x53.2x4.9x
Tue, 04 Apr 2023₹2.1t₹430.6b₹40.1b36.7x52.5x4.9x
Thu, 02 Mar 2023₹2.1t₹430.6b₹40.1b35x51.4x4.8x
Sat, 28 Jan 2023₹2.0t₹420.4b₹39.7b41.8x51.1x4.8x
Price to Earnings Ratio

51.1x


Total Market Cap: ₹2.0tTotal Earnings: ₹39.7bTotal Revenue: ₹420.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Beverage Industry Price to Earnings3Y Average 67.8x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Beverage industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 56.8x which is lower than its 3-year average PE of 67.8x.
  • The industry is trading close to its 3-year average PS ratio of 6.2x.
Past Earnings Growth
  • The earnings for companies in the Beverage industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 16% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Indian Consumer Staples industry?

IN Market-2.63%
Consumer Staples-2.29%
Beverage-3.04%
Soft Drinks-2.42%
Distillers and Wine Makers-3.10%
Brewers-5.27%
Industry PE
  • Investors are most optimistic about the Brewers industry even though it's trading below its 3-year average PE ratio of 108x.
    • Analysts are expecting annual earnings growth of 33.3%, which is higher than its past year's earnings decline of 22.4% per year.
  • Investors are most pessimistic about the Distillers and Wine Makers industry, which is trading close to its 3-year average of 58.2x.
Forecasted Growth
  • Analysts are most optimistic on the Brewers industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings decline of 22% per year.
  • In contrast, the Soft Drinks industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
530305 Piccadily Agro Industries₹595.803.7%
+₹2.1b
-24.4%PE54.1x
507690 Orient Beverages₹176.200.7%
+₹2.5m
-42.7%PE13.4x

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