Comparison · NSE · data 2026-10-30
Radico Khaitan Limited vs Varun Beverages Ltd.
In plain words
Size: Varun Beverages Ltd. is about 2.5 times the market value of Radico Khaitan Limited.
Valuation (P/E): Radico Khaitan Limited 68.8 vs Varun Beverages Ltd. 39.2.
Return on equity: Radico Khaitan Limited 19.9% vs Varun Beverages Ltd. 16.8%.
Profit growth over 3 years: Radico Khaitan Limited 40% a year vs Varun Beverages Ltd. 26.6% a year.
Debt to equity: Radico Khaitan Limited 0.24 vs Varun Beverages Ltd. 0.13.
Differences in the numbers, not a recommendation of either stock.
Side by side
| RADICO | VBL | |
|---|---|---|
| Price | ₹4,086.7 | ₹392 |
| Market cap | ₹56,610 cr | ₹1,39,985 cr |
| P/E | 68.8 | 39.2 |
| P/B | 14.9 | 6.1 |
| ROE | 19.9% | 16.8% |
| ROCE | 25.0% | 15.6% |
| Debt / equity | 0.24 | 0.13 |
| Operating margin | 16.9% | 17.6% |
| Dividend yield | 0.21% | 0.36% |
| Sales growth, 3 years (yearly) | 24.4% | 17.2% |
| Profit growth, 3 years (yearly) | 40.0% | 26.6% |
| 1-year return | 28.2% | -20.8% |
| Revenue, last 12 months | ₹6,479 cr | ₹24,127 cr |
| Net profit, last 12 months | ₹796 cr | ₹3,386 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹232 cr | ₹828 cr |
| Quarter profit vs a year earlier | +66.5% | — |
| Promoter holding | 40.17% | 59.43% |
| Health check | Strong (7.5/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, Radico Khaitan Limited or Varun Beverages Ltd.?
Radico Khaitan Limited trades at the higher P/E (68.8 against 39.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Radico Khaitan Limited (19.9% against 16.8%).
Which carries more debt?
Radico Khaitan Limited has the higher debt-to-equity ratio (0.24 against 0.13).