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Indian (NIFTY) Beverage Industry Analysis

UpdatedJan 27, 2026
DataAggregated Company Financials
Companies27
  • 7D-1.3%
  • 3M-5.7%
  • 1Y-6.5%
  • YTD-6.8%

Over the last 7 days, the Beverage industry has dropped 1.3%, driven by a pullback from Varun Beverages of 4.4%. The industry has fallen 6.5% in the last year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 27 Jan 2026₹3.7t₹654.1b₹67.7b35.3x55.2x5.7x
Thu, 25 Dec 2025₹4.0t₹644.5b₹65.6b42.2x60.7x6.2x
Sat, 22 Nov 2025₹3.9t₹649.2b₹65.3b43.6x60x6x
Mon, 20 Oct 2025₹3.9t₹637.2b₹63.0b36.6x61.7x6.1x
Wed, 17 Sep 2025₹3.9t₹635.9b₹62.9b41.5x61.4x6.1x
Fri, 15 Aug 2025₹4.0t₹636.1b₹63.1b36.6x62.9x6.2x
Sun, 13 Jul 2025₹3.8t₹623.7b₹61.4b36x61.5x6.1x
Tue, 10 Jun 2025₹4.0t₹661.1b₹60.5b33.3x66x6x
Thu, 08 May 2025₹4.0t₹607.0b₹56.9b29.4x71.2x6.7x
Sat, 05 Apr 2025₹3.9t₹591.2b₹54.8b31.4x71.8x6.7x
Mon, 03 Mar 2025₹3.4t₹591.2b₹54.8b28.9x62.6x5.8x
Wed, 29 Jan 2025₹3.9t₹577.6b₹54.3b38.5x72.6x6.8x
Fri, 27 Dec 2024₹4.4t₹571.7b₹54.3b43.7x81.8x7.8x
Sun, 24 Nov 2024₹4.2t₹571.6b₹54.3b38.9x78.1x7.4x
Tue, 22 Oct 2024₹4.1t₹599.2b₹52.4b41.5x77.3x6.8x
Thu, 19 Sep 2024₹4.4t₹599.2b₹52.4b52.6x83.3x7.3x
Sat, 17 Aug 2024₹3.9t₹599.2b₹52.4b42.9x73.8x6.5x
Mon, 15 Jul 2024₹4.0t₹530.4b₹49.0b45.2x82.2x7.6x
Wed, 12 Jun 2024₹3.9t₹499.1b₹48.9b43.2x80.4x7.9x
Fri, 10 May 2024₹3.6t₹592.1b₹47.1b37.3x77x6.1x
Sun, 07 Apr 2024₹3.6t₹482.6b₹45.9b39.7x79.2x7.5x
Tue, 05 Mar 2024₹3.5t₹482.6b₹45.9b39.3x77.1x7.3x
Thu, 01 Feb 2024₹3.3t₹470.8b₹44.6b25.8x74.9x7.1x
Sat, 30 Dec 2023₹3.3t₹466.9b₹43.1b31.7x76.2x7x
Mon, 27 Nov 2023₹2.9t₹466.9b₹43.1b30x67.9x6.3x
Wed, 25 Oct 2023₹2.7t₹458.2b₹43.9b26.7x61.1x5.8x
Fri, 22 Sep 2023₹2.7t₹455.2b₹44.1b25.8x60.4x5.8x
Sun, 20 Aug 2023₹2.6t₹627.1b₹44.1b22x59.5x4.2x
Tue, 18 Jul 2023₹2.5t₹615.8b₹39.8b25.4x63.5x4.1x
Thu, 15 Jun 2023₹1.9t₹615.5b₹39.8b24.3x47.1x3x
Sat, 13 May 2023₹2.2t₹441.7b₹40.4b21.4x55.2x5.1x
Mon, 10 Apr 2023₹2.1t₹438.6b₹40.1b29.6x52.1x4.8x
Wed, 08 Mar 2023₹2.1t₹430.6b₹40.1b34.9x51.9x4.8x
Fri, 03 Feb 2023₹2.0t₹420.6b₹39.7b42.7x50.2x4.7x
Price to Earnings Ratio

50.2x


Total Market Cap: ₹2.0tTotal Earnings: ₹39.7bTotal Revenue: ₹420.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Beverage Industry Price to Earnings3Y Average 67.9x202420252026
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 55.2x which is lower than its 3-year average PE of 67.9x.
  • 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 20% 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-1.43%
Consumer Staples-0.36%
Beverage-1.31%
Distillers and Wine Makers2.48%
Brewers-4.13%
Soft Drinks-4.39%
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 below its 3-year average of 58.3x.
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
RADICO Radico Khaitan₹2.92k6.2%
+₹22.8b
38.5%PE75.7x
530305 Piccadily Agro Industries₹598.558.0%
+₹4.3b
-18.6%PE43.4x
ABDL Allied Blenders and Distillers₹454.153.3%
+₹4.1b
22.5%PE49.4x
507205 Tilaknagar Industries₹402.001.2%
+₹1.2b
11.9%PE36.5x
GLOBUSSPR Globus Spirits₹927.801.0%
+₹263.6m
17.2%PE35.4x

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