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 2026-11-05 close
Latest results: VBL Sep 2026 · ZYDUSWELL Sep 2026
At a glance
- Varun Beverages Limited is the larger company by market value, about 9.7 times the size of Zydus Wellness Limited.
- On trailing earnings, Varun Beverages Limited trades at the lower P/E (41.9 against 61.4).
- Varun Beverages Limited earns the higher return on equity (17.9% against 4.2%).
- Over three years Varun Beverages Limited has grown profits faster (24% a year against -10%).
- Over the past year the share prices returned -10.7% (VBL) and -2.7% (ZYDUSWELL).
| Metric | Varun Beverages VBL |
Zydus Wellness ZYDUSWELL |
|---|---|---|
| Size and price | ||
| Market cap | ₹146,564 Cr | ₹15,103 Cr |
| Share price | ₹433.30 | ₹474.70 |
| Valuation | ||
| P/E | 41.94 | 61.37 |
| P/B | 7.49 | 2.56 |
| EV/EBITDA | 25.12 | 27.75 |
| PEG | 1.75 | — |
| Dividend yield | 0.3% | 0.3% |
| Profitability | ||
| ROE | 17.9% | 4.2% |
| ROCE | 20.0% | 5.0% |
| Operating margin | 22.9% | 13.1% |
| Sales (TTM) | ₹25,968 Cr | ₹5,014 Cr |
| Net profit (TTM) | ₹3,495 Cr | ₹246 Cr |
| Growth | ||
| Latest quarter sales YoY | +30.9% | +73.3% |
| Latest quarter profit YoY | +11.5% | +109.6% |
| 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 | 0.54 |
| Interest cover | 22.59 | 3.70 |
| Ownership | ||
| Promoter holding | 59.4% | 69.6% |
| Promoter change (4 qtrs) | -0.01 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -1.37% | -5.51% |
| Return 3M | -0.85% | -10.50% |
| Return 1Y | -10.71% | -2.69% |
| Return YTD | -11.54% | +4.42% |
| Technical condition | ||
| Technical score | 46 | 29 |
| RS rating (1-99) | 50.00 | 56.00 |
| % vs 200-DMA | -5.33% | -3.52% |
| RSI (14) | 56.36 | 43.63 |
| % from 52-week high | -22.04% | -22.42% |
