StoxHindustan Unilever vs Varun Beverages: share price & financials comparison
NSE: HINDUNILVR vs VBL · Fast Moving Consumer Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Hindustan Unilever vs Varun Beverages at a glance
Hindustan Unilever (HINDUNILVR) has a market capitalisation of ₹4,69,624 Cr, against ₹1,48,153 Cr for Varun Beverages (VBL). Over the past year Varun Beverages has returned -11.6%, compared with -19.7% for Hindustan Unilever. On valuation, Hindustan Unilever trades at a lower P/E of 31.2 versus 42.7. Hindustan Unilever earns a higher return on equity (30.8% vs 16.0%). Hindustan Unilever comes out ahead on size, valuation, profitability and financial health. Varun Beverages comes out ahead on growth, momentum and technicals. Across the scored metrics below, Hindustan Unilever leads on 9 and Varun Beverages on 9. On StoxGud's 10-point checklist, Hindustan Unilever scores 7/10 and Varun Beverages scores 6/10.
| Metric | Hindustan Unilever | Varun Beverages |
|---|---|---|
| Size | ||
| Market cap | ₹4,69,624 Cr | ₹1,48,153 Cr |
| Revenue (latest FY) | ₹64,468 Cr | ₹22,226 Cr |
| Net profit (latest FY) | ₹15,040 Cr | ₹3,036 Cr |
| Valuation | ||
| P/E | 31.2 | 42.7 |
| P/B | 9.62 | 6.81 |
| Dividend yield | 2.16% | 0.34% |
| Profitability | ||
| Return on equity | 30.8% | 16.0% |
| Net profit margin | 22.0% | 13.1% |
| Operating margin | 22.9% | 22.4% |
| Growth | ||
| Revenue growth (YoY) | +12.2% | +35.0% |
| Net profit growth (YoY) | +3.9% | +11.7% |
| Revenue CAGR (multi-year) | +6.5% | +27.7% |
| Financial health | ||
| Debt to equity | 0.00 | 0.16 |
| Momentum | ||
| 1-month return | +7.1% | -0.6% |
| 1-year return | -19.7% | -11.6% |
| 3-year CAGR | -7.2% | +5.0% |
| 5-year CAGR | -3.9% | +26.8% |
| 10-year CAGR | +9.1% | +32.0% |
| Distance from 52W high | -19.3% | -19.5% |
| Technicals | ||
| RSI (14) | 69 | 53 |
| Price vs 200-day avg | -6.3% | -4.2% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Hindustan Unilever | Varun Beverages |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✓ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✗ |
| Score | 7/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Hindustan Unilever or Varun Beverages?
Hindustan Unilever has a market cap of ₹4,69,624 Cr and Varun Beverages has a market cap of ₹1,48,153 Cr as of 06 Nov 2026.
Which has a lower P/E, Hindustan Unilever or Varun Beverages?
Hindustan Unilever has the lower P/E: Hindustan Unilever trades at 31.2 and Varun Beverages at 42.7.
Which gave better returns in the last year, Hindustan Unilever or Varun Beverages?
Varun Beverages did better: Hindustan Unilever returned -19.7% and Varun Beverages returned -11.6% over one year.
Is Hindustan Unilever or Varun Beverages a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Hindustan Unilever scores 7/10 and Varun Beverages scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.