Varun Beverages Limited vs Zydus Wellness Limited
An objective side-by-side of VBL and ZYDUSWELL, both in Food - Processing - Indian: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: VBL Jun 2026 · ZYDUSWELL Jun 2026
At a glance
- Varun Beverages Limited is the larger company by market value, about 8.5 times the size of Zydus Wellness Limited.
- On trailing earnings, Varun Beverages Limited trades at the lower P/E (42.2 against 90.2).
- Varun Beverages Limited earns the higher return on equity (17.4% against 3.2%).
- Over three years Varun Beverages Limited has grown profits faster (24% a year against -10%).
- Over the past year the share prices returned -9.9% (VBL) and +4.2% (ZYDUSWELL).
| Metric | Varun Beverages VBL |
Zydus Wellness ZYDUSWELL |
|---|---|---|
| Size and price | ||
| Market cap | ₹143,756 Cr | ₹16,877 Cr |
| Share price | ₹425.00 | ₹530.45 |
| Valuation | ||
| P/E | 42.16 | 90.15 |
| P/B | 7.34 | 2.90 |
| EV/EBITDA | 25.87 | 54.14 |
| PEG | 1.76 | — |
| Dividend yield | 0.4% | 0.2% |
| Profitability | ||
| ROE | 17.4% | 3.2% |
| ROCE | 20.0% | 5.0% |
| Operating margin | 23.2% | 19.1% |
| Sales (TTM) | ₹24,408 Cr | ₹1,947 Cr |
| Net profit (TTM) | ₹3,410 Cr | ₹187 Cr |
| Growth | ||
| Latest quarter sales YoY | +18.0% | +74.5% |
| Latest quarter profit YoY | +15.1% | -21.4% |
| Sales CAGR 3Y | +18.0% | +21.0% |
| Profit CAGR 3Y | +24.0% | -10.0% |
| Sales CAGR 5Y | +27.0% | +16.0% |
| Profit CAGR 5Y | +50.0% | -2.0% |
| Financial strength | ||
| Debt/Equity | 0.13 | 0.55 |
| Interest cover | 22.59 | 4.58 |
| Ownership | ||
| Promoter holding | 59.4% | 69.6% |
| Promoter change (4 qtrs) | -0.39 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -3.03% | +5.81% |
| Return 3M | -17.15% | -1.14% |
| Return 1Y | -9.89% | +4.19% |
| Return YTD | -13.24% | +16.68% |
| Technical condition | ||
| Technical score | 43 | 50 |
| RS rating (1-99) | 33.00 | 67.00 |
| % vs 200-DMA | -8.97% | +9.91% |
| RSI (14) | 52.34 | 46.65 |
| % from 52-week high | -23.53% | -13.30% |
