Varun Beverages vs Britannia Industries: share price & financials comparison
NSE: VBL vs BRITANNIA · Fast Moving Consumer Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Varun Beverages vs Britannia Industries at a glance
Varun Beverages (VBL) has a market capitalisation of ₹1,48,153 Cr, against ₹1,15,271 Cr for Britannia Industries (BRITANNIA). Over the past year Varun Beverages has returned -11.6%, compared with -18.2% for Britannia Industries. On valuation, Varun Beverages trades at a lower P/E of 42.7 versus 43.2. Britannia Industries earns a higher return on equity (62.9% vs 16.0%). Varun Beverages comes out ahead on size, valuation, growth, financial health, momentum and technicals. Britannia Industries comes out ahead on profitability. Across the scored metrics below, Varun Beverages leads on 14 and Britannia Industries on 4. On StoxGud's 10-point checklist, Varun Beverages scores 6/10 and Britannia Industries scores 5/10.
| Metric | Varun Beverages | Britannia Industries |
|---|---|---|
| Size | ||
| Market cap | ₹1,48,153 Cr | ₹1,15,271 Cr |
| Revenue (latest FY) | ₹22,226 Cr | ₹19,152 Cr |
| Net profit (latest FY) | ₹3,036 Cr | ₹2,533 Cr |
| Valuation | ||
| P/E | 42.7 | 43.2 |
| P/B | 6.81 | 27.13 |
| Dividend yield | 0.34% | 1.56% |
| Profitability | ||
| Return on equity | 16.0% | 62.9% |
| Net profit margin | 13.1% | 13.2% |
| Operating margin | 22.4% | 18.2% |
| Growth | ||
| Revenue growth (YoY) | +35.0% | +15.6% |
| Net profit growth (YoY) | +11.7% | +10.2% |
| Revenue CAGR (multi-year) | +27.7% | +8.7% |
| Financial health | ||
| Debt to equity | 0.16 | 0.61 |
| Momentum | ||
| 1-month return | -0.6% | +0.1% |
| 1-year return | -11.6% | -18.2% |
| 3-year CAGR | +5.0% | +1.2% |
| 5-year CAGR | +26.8% | +5.2% |
| 10-year CAGR | +32.0% | +11.2% |
| Distance from 52W high | -19.5% | -22.6% |
| Technicals | ||
| RSI (14) | 53 | 51 |
| Price vs 200-day avg | -4.2% | -11.5% |
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 | Varun Beverages | Britannia Industries |
|---|---|---|
| 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 | 6/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Varun Beverages or Britannia Industries?
Varun Beverages has a market cap of ₹1,48,153 Cr and Britannia Industries has a market cap of ₹1,15,271 Cr as of 06 Nov 2026.
Which has a lower P/E, Varun Beverages or Britannia Industries?
Varun Beverages has the lower P/E: Varun Beverages trades at 42.7 and Britannia Industries at 43.2.
Which gave better returns in the last year, Varun Beverages or Britannia Industries?
Varun Beverages did better: Varun Beverages returned -11.6% and Britannia Industries returned -18.2% over one year.
Is Varun Beverages or Britannia Industries a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Varun Beverages scores 6/10 and Britannia Industries scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.