Varun Beverages vs Tata Consumer: share price, P/E, ROE and financials compared
Varun Beverages
Tata Consumer Products
Varun Beverages and Tata Consumer at a glance
Varun Beverages and Tata Consumer are both listed in Fast Moving Consumer Goods. Varun Beverages is the larger by market cap, at ₹1.5L Cr against ₹1.1L Cr for Tata Consumer (1.4 times as large). On valuation, Tata Consumer has the lower P/E (63.3× against 151.6×) and the lower price-to-book (4.86× against 6.80×). On returns and margins, Varun Beverages has the higher ROCE (19.4% against 8.3%), the higher ROE (16.8% against 7.6%) and the higher operating margin (23.0% against 14.0%). Over three years, Varun Beverages has faster 3-year sales growth (+17.3% against +13.9% a year) and faster 3-year profit growth (+26.6% against +8.6% a year). Tata Consumer carries less debt for its equity, with a debt-to-equity of 0.11× against 0.16×.
Key metrics, side by side
| Metric | Varun BeveragesVBL | Tata ConsumerTATACONSUM |
|---|---|---|
| Price (₹) | 438.00 | 1,086.30 |
| Market cap (₹ Cr) | 1,48,153 | 1,07,511 |
| P/E | 151.6× | 63.3× (the lower figure, shaded) |
| P/B | 6.80× | 4.86× (the lower figure, shaded) |
| Dividend yield, trailing | 0.46% | 0.92% (the higher figure, shaded) |
| ROE | 16.8% (the higher figure, shaded) | 7.6% |
| ROCE | 19.4% (the higher figure, shaded) | 8.3% |
| Operating margin (OPM) | 23.0% (the higher figure, shaded) | 14.0% |
| Net margin (NPM) | 13.4% (the higher figure, shaded) | 7.9% |
| Sales CAGR 3Y | +17.3% (the higher figure, shaded) | +13.9% |
| Profit CAGR 3Y | +26.6% (the higher figure, shaded) | +8.6% |
| Debt to equity | 0.16× | 0.11× (the lower figure, shaded) |
| Interest cover | 24.8× (the higher figure, shaded) | 16.9× |
| Net profit TTM (₹ Cr) | 3,473 | 1,700 |
| 1Y return | −8.0% (the higher figure, shaded) | −8.6% |
| Promoter holding | 59.43% | 33.83% |
Varun Beverages vs Tata Consumer: common questions
Which is bigger, Varun Beverages or Tata Consumer?
By market cap, Varun Beverages is bigger at ₹1.5L Cr, against ₹1.1L Cr for Tata Consumer (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹3,473 Cr for Varun Beverages and ₹1,700 Cr for Tata Consumer.
Which has a lower P/E ratio, Varun Beverages or Tata Consumer?
Varun Beverages trades at a P/E of 151.6× and Tata Consumer at 63.3×. Tata Consumer has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Varun Beverages or Tata Consumer?
Varun Beverages reports a return on equity of 16.8% and Tata Consumer 7.6%. Varun Beverages has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Varun Beverages or Tata Consumer?
Over the last three years: Sales grew +17.3% a year at Varun Beverages and +13.9% at Tata Consumer, so Varun Beverages grew sales faster; profit grew +26.6% a year at Varun Beverages and +8.6% at Tata Consumer, so Varun Beverages grew profit faster. Past growth doesn’t predict future growth.