StoxVarun Beverages vs Marico: share price & financials comparison
NSE: VBL vs MARICO · Fast Moving Consumer Goods · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Varun Beverages vs Marico at a glance
Varun Beverages (VBL) has a market capitalisation of ₹1,48,153 Cr, against ₹1,16,708 Cr for Marico (MARICO). Over the past year Marico has returned +24.4%, compared with -11.6% for Varun Beverages. On valuation, Varun Beverages trades at a lower P/E of 42.7 versus 57.8. Marico earns a higher return on equity (42.6% vs 16.0%). Varun Beverages comes out ahead on size, valuation, growth and financial health. Marico comes out ahead on profitability, momentum and technicals. Across the scored metrics below, Varun Beverages leads on 9 and Marico on 9. On StoxGud's 10-point checklist, Varun Beverages scores 6/10 and Marico scores 8/10.
| Metric | Varun Beverages | Marico |
|---|---|---|
| Size | ||
| Market cap | ₹1,48,153 Cr | ₹1,16,708 Cr |
| Revenue (latest FY) | ₹22,226 Cr | ₹13,611 Cr |
| Net profit (latest FY) | ₹3,036 Cr | ₹1,762 Cr |
| Valuation | ||
| P/E | 42.7 | 57.8 |
| P/B | 6.81 | 24.65 |
| Dividend yield | 0.34% | 0.85% |
| Profitability | ||
| Return on equity | 16.0% | 42.6% |
| Net profit margin | 13.1% | 13.7% |
| Operating margin | 22.4% | 17.9% |
| Growth | ||
| Revenue growth (YoY) | +35.0% | +11.9% |
| Net profit growth (YoY) | +11.7% | +31.0% |
| Revenue CAGR (multi-year) | +27.7% | +11.1% |
| Financial health | ||
| Debt to equity | 0.16 | 0.22 |
| Momentum | ||
| 1-month return | -0.6% | +14.0% |
| 1-year return | -11.6% | +24.4% |
| 3-year CAGR | +5.0% | +18.9% |
| 5-year CAGR | +26.8% | +9.8% |
| 10-year CAGR | +32.0% | +13.2% |
| Distance from 52W high | -19.5% | +0.0% |
| Technicals | ||
| RSI (14) | 53 | 82 |
| Price vs 200-day avg | -4.2% | +11.6% |
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 | Marico |
|---|---|---|
| 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 | 8/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Varun Beverages or Marico?
Varun Beverages has a market cap of ₹1,48,153 Cr and Marico has a market cap of ₹1,16,708 Cr as of 06 Nov 2026.
Which has a lower P/E, Varun Beverages or Marico?
Varun Beverages has the lower P/E: Varun Beverages trades at 42.7 and Marico at 57.8.
Which gave better returns in the last year, Varun Beverages or Marico?
Marico did better: Varun Beverages returned -11.6% and Marico returned +24.4% over one year.
Is Varun Beverages or Marico a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Varun Beverages scores 6/10 and Marico scores 8/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.