Top Food and Beverage Stocks Compared: Britannia vs Tata vs Varun Beverages vs Bikaji Foods vs CCL Products on Price, Valuation, Q2 FY27 Results and Risks

Food and beverage stocks compared here means Britannia, Tata Consumer, Varun Beverages, Bikaji Foods and CCL Products on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes a biscuit and dairy leader, a tea and salt brand, a soft drink bottler, a snack maker and an instant coffee exporter, so each name earns from a different habit, which is exactly why a side-by-side look helps.

All five food and beverage companies have filed their September 2026 quarter, so every result below is Q2 FY27. Packaged food and drink makers follow household spending, summer demand and input costs, so a glance at the Nifty 500 page and the Sensex page before you read the tables gives useful backdrop.

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Food and Beverage Stocks Compared: Biscuits, Drinks, Snacks and Coffee

The food and beverage stocks compared here are Britannia, Tata Consumer, Varun Beverages, Bikaji Foods and CCL Products. Varun Beverages is the largest by market capitalisation at Rs 1,47,139 crore. Previous closes run from Rs 435.00 for Varun Beverages to Rs 4,781.00 for Britannia, which is why a side-by-side look at value rather than price is more useful. This food and beverage stocks compared list is the base for every table that follows.

Stock	Previous close (Rs)	Market cap (Rs crore)
Britannia	4,781.00	1,15,520
Tata Consumer	1,080.00	1,06,986
Varun Beverages	435.00	1,47,139
Bikaji Foods	485.75	12,019
CCL Products	982.25	13,085

A quick look at the business behind each ticker puts the numbers in context. Britannia makes biscuits, bread, cakes and dairy products, while Tata Consumer sells tea, coffee, salt and packaged foods under brands such as Tata Tea and Tata Salt. Varun Beverages bottles and sells soft drinks and juices as a major PepsiCo partner, and Bikaji Foods makes and sells namkeen, sweets and snacks under the Bikaji brand. To compare food and beverage stocks properly, line up price to earnings, return on equity and dividend yield before forming a view.

Rounding out the group, CCL Products makes instant coffee for domestic and global customers. A fair food and beverage stock comparison looks at what each company actually earns from, not only at the share price. Biscuit and staple makers, soft drink bottlers, snack makers and coffee exporters belong in separate mental boxes whenever you compare food and beverage stocks fairly.

Food and Beverage Stocks Valuation: Multiples, Returns and Payouts

CCL Products trades at the lowest price to earnings ratio in this group at 28.34. Britannia reports the highest return on equity at 62.85%. Tata Consumer has the lowest price to book value at 4.84. These food and beverage stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this food and beverage stocks compared table: price to earnings and return on equity sit side by side so a high or low reading stands out at once.

Stock	Price to earnings	Price to book	ROE (%)	Dividend yield (%)	Debt to equity
Britannia	43.09	27.19	62.85	1.89	0.62
Tata Consumer	62.70	4.84	7.69	0.92	0.11
Varun Beverages	42.27	7.52	15.29	0.34	0.13
Bikaji Foods	48.71	7.04	14.62	0.26	0.26
CCL Products	28.34	4.91	17.34	0.59	0.46

Food and beverage stocks usually trade at premium price to earnings multiples because investors pay for brand strength and steady repeat sales. Return on equity and dividend yield help you judge whether the premium is earned and how much each company pays back. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple food and beverage stock comparison like this one is only as useful as the context behind it, which is why dividend yield is worth checking as well.

In this group, price to earnings runs from 28.34 for CCL Products to 62.70 for Tata Consumer. Britannia offers the highest dividend yield at 1.89%. Industry price to earnings readings differ by sub-sector: Britannia, Tata Consumer, Varun Beverages and Bikaji Foods at 35.81; CCL Products at 21.08. The industry price to earnings is a handy anchor: a stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built food and beverage stock comparison also notes that summer demand and festive buying can move results between quarters. Run the same food and beverage stock comparison on your own watchlist and the pattern in these numbers will be easier to spot. Whenever you compare food and beverage stocks, note whether a premium is backed by returns or only by size.

Food and Beverage Stocks Q2 FY27 Results: Revenue and Profit Check

All of the five food and beverage stocks compared have filed Q2 FY27 numbers. Varun Beverages posted the fastest revenue growth at 31.9% year on year. CCL Products showed the sharpest rise in net profit at 29.0%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this food and beverage stocks compared review as a snapshot of one quarter, not a verdict on any food company.

Stock	Q2 FY27 revenue (Rs crore)	Q2 FY26 revenue (Rs crore)	Q2 FY27 net profit (Rs crore)	Q2 FY26 net profit (Rs crore)
Britannia	5,671	4,893	726.0	655.1
Tata Consumer	5,700	5,004	467.2	397.1
Varun Beverages	6,935	5,260	830.6	731.5
Bikaji Foods	947.3	842.6
CCL Products	1,216	1,128	130.1	100.9

Britannia Results Snapshot

Britannia's Q2 FY27 top line stood at Rs 5,671 crore, versus Rs 4,893 crore in Q2 FY26, a rise of 15.9%. Net profit rose 10.8% to Rs 726.0 crore from Rs 655.1 crore. Earnings per share for the quarter rose to Rs 29.93 from Rs 27.17.

Tata Consumer Results Snapshot

Tata Consumer reported Q2 FY27 revenue of Rs 5,700 crore, compared with Rs 5,004 crore a year earlier, a rise of 13.9%. Net profit rose 17.7% to Rs 467.2 crore from Rs 397.1 crore. Operating margin expanded to 14.4% from 14.3% a year ago. Earnings per share for the quarter rose to Rs 4.74 from Rs 4.09.

Varun Beverages Results Snapshot

In the September 2026 quarter, Varun Beverages booked revenue of Rs 6,935 crore against Rs 5,260 crore in the same quarter last year, a rise of 31.9%. Net profit rose 13.5% to Rs 830.6 crore from Rs 731.5 crore. Earnings per share for the quarter rose to Rs 2.45 from Rs 2.15.

Bikaji Foods Results Snapshot

Bikaji Foods' Q2 FY27 top line stood at Rs 947.3 crore, versus Rs 842.6 crore in Q2 FY26, a rise of 12.4%.

CCL Products Results Snapshot

CCL Products reported Q2 FY27 revenue of Rs 1,216 crore, compared with Rs 1,128 crore a year earlier, a rise of 7.8%. Net profit rose 29.0% to Rs 130.1 crore from Rs 100.9 crore. Operating margin expanded to 17.9% from 17.6% a year ago. Earnings per share for the quarter rose to Rs 9.75 from Rs 7.56.

Food and beverage results depend on volumes, pricing and input costs such as wheat, tea, sugar and packaging, so profit can look different from revenue in a single quarter. That is why a food and beverage stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a food and beverage stocks compared review becomes a map of the sector rather than a price list. When you compare food and beverage stocks after each result season, track how dividend yield changes from one quarter to the next. A food and beverage stock comparison built on one quarter of data is a starting point, and the next set of results will update it.

Food and Beverage Stocks Compared Two at a Time: Three Pairings

Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare food and beverage stocks two at a time.

Britannia vs Tata Consumer

Britannia and Tata Consumer are two of the best-known packaged food brands, one in biscuits and bakery and the other in tea, salt and staples. Britannia reports the higher return on equity, at 62.85% against 7.69% for Tata Consumer. For dividend income, Britannia offers 1.89% against 0.92% at Tata Consumer. In Q2 FY27, Britannia grew revenue faster, at 15.9% year on year against 13.9% for Tata Consumer. Both sell everyday products, so read growth next to valuation before you judge either multiple.

Varun Beverages vs Bikaji Foods

Varun Beverages bottles soft drinks as a PepsiCo partner, while Bikaji Foods sells snacks and sweets, so the pair shows how drinks and snacks differ. Varun Beverages is about 12.2 times the size of Bikaji Foods by market capitalisation, at Rs 1,47,139 crore against Rs 12,019 crore. On price to earnings, Varun Beverages carries the lower multiple at 42.27 against 48.71 for Bikaji Foods. Varun Beverages reports the higher return on equity, at 15.29% against 14.62% for Bikaji Foods. A bottler and a snack maker follow different seasons, so read the business mix before you read the ratio.

CCL Products vs Tata Consumer

CCL Products makes instant coffee for domestic and global customers, while Tata Consumer sells tea and coffee under its own brands. On price to earnings, CCL Products carries the lower multiple at 28.34 against 62.70 for Tata Consumer. CCL Products reports the higher return on equity, at 17.34% against 7.69% for Tata Consumer. For dividend income, Tata Consumer offers 0.92% against 0.59% at CCL Products. An export-led coffee maker and a brand-led seller are priced differently, so read returns and valuation together.

Best Food and Beverage Stocks for Each Type of Investor

Searching for the best food and beverage stocks usually means different things to different readers. The table below shows who leads on each measure today, so you can pick the row that matches your goal. Any food and beverage stocks compared table can mislead if you stop at one row, because each food company leads on a different measure.

If you care most about	Start your research with	The number
Lowest price to earnings	CCL Products	28.34
Highest return on equity	Britannia	62.85%
Highest dividend yield	Britannia	1.89%
Lowest price to book value	Tata Consumer	4.84
Largest by market capitalisation	Varun Beverages	Rs 1,47,139 crore
Fastest Q2 FY27 revenue growth	Varun Beverages	31.9%
Sharpest Q2 FY27 net profit rise	CCL Products	29.0%

No single name tops every row, which is exactly why a food and beverage stock comparison helps. Scale, returns, payouts and valuation each point to a different company, so decide what matters most to you before you rank the numbers.

What Is Driving Packaged Food and Drink Demand Right Now?

Packaged biscuits, snacks, tea, coffee and soft drinks are part of daily spending, and branded products keep taking share from loose ones. Summer demand, festive seasons and wider distribution lift volumes. Knowing what moves input costs and seasonal demand helps you compare food and beverage stocks with the right questions in mind.

Volumes, pricing and input costs such as wheat, palm oil, tea and sugar decide margins. Companies with strong brands and wide reach can pass on some cost changes without losing sales. A good food and beverage stocks compared routine therefore tracks volumes, pricing and input costs.

Risks to Weigh When You Compare Food and Beverage Stocks

Food and beverage stocks depend on raw material prices, rural demand, weather and competition from local brands. Premium valuations leave less room for slips. Read each filing for volume, margin and distribution commentary before you compare them. Every food and beverage stock comparison has blind spots, and for this group the biggest is input costs and seasonal demand. A thoughtful food and beverage stocks compared review keeps these risks next to the numbers instead of in a footnote.

Because volumes, pricing and input costs drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this food and beverage stocks compared guide a balanced starting point.

How to Compare Food and Beverage Stocks and Build a Shortlist

Start by deciding whether you want biscuits and staples, soft drinks, snacks or coffee, because each responds to different triggers. Staples reward readers who track volumes and costs, while drinks reward those who track summer demand. Done step by step, this food and beverage stocks compared routine becomes repeatable rather than a one-off exercise.

Then check valuation and payouts, because premium multiples leave less room for slips and dividend yield differs widely across the group. Spreading your attention across one broad brand and one specialist is a simple way to see both sides of the sector. Keep the shortlist of best food and beverage stocks short enough that you can actually follow each company's quarterly results. When you compare food and beverage stocks again after new results, update only the rows that changed instead of starting over.

The Univest stock screener lets you filter food and beverage stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this food and beverage stocks compared page after the next set of results to see which numbers have moved.

Check the Univest Screener for live food and beverage stock data

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Conclusion: Food and Beverage Stocks Compared at a Glance

This food and beverage stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Varun Beverages leads on size and Britannia leads on return on equity, while the others bring their own strengths. Treat the food and beverage stocks Q2 FY27 results and food and beverage stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare food and beverage stocks again next quarter, the same checklist of price to earnings, return on equity and dividend yield will work.

Frequently Asked Questions on Food and Beverage Stocks Compared

Which are the top food and beverage stocks compared in this article?

Ans. The food and beverage stocks compared in this article are Britannia, Tata Consumer, Varun Beverages, Bikaji Foods and CCL Products. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, which gives you one tidy table to work from before you read any filing in detail.

Which food and beverage stock has the highest market capitalisation?

Ans. Among the five names, Varun Beverages has the highest market capitalisation at Rs 1,47,139 crore. Britannia follows at Rs 1,15,520 crore. Because market capitalisation is simply share price multiplied by shares outstanding, it shifts daily, so confirm the live number before using it.

Which of these food and beverage stocks has the lowest price to earnings ratio?

Ans. On food and beverage stocks valuation, CCL Products has the lowest price to earnings ratio among these food and beverage stocks at 28.34, based on the latest reported earnings. Tata Consumer sits at the other end at 62.70. A low multiple can reflect slower growth or higher risk as easily as a bargain, so read it next to growth and margins.

Which food and beverage stock has the highest return on equity?

Ans. Britannia reports the highest return on equity in this group at 62.85%. The ratio measures profit earned for every rupee of shareholder money, which makes it a quick test of capital efficiency. One year can mislead, so look at several, and remember that borrowing can push the figure up.

How did food and beverage stocks perform in Q2 FY27 results?

Ans. All of the five names have filed Q2 FY27 numbers in our data. Varun Beverages recorded the fastest revenue growth at 31.9% year on year. CCL Products showed the sharpest net profit rise at 29.0%. For food and beverage stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.

What are the main risks when you compare food and beverage stocks?

Ans. Food and beverage stocks depend on raw material prices, rural demand, weather and competition from local brands. Premium valuations leave less room for slips. Read each filing for volume, margin and distribution commentary before you compare them. Keep an eye on volumes, pricing and input costs.

Which metrics matter most when you compare food and beverage stocks?

Ans. Volume growth, gross margin, brand strength and distribution reach matter most for operating performance. Price to earnings, return on equity, dividend yield and price to book show how the market values each company. Read each company's filing for these along with the numbers in this article.

Which is the best food and beverage stock to buy among these five?

Ans. The best food and beverage stock depends on whether you value everyday staples, soft drinks, snacks or coffee, because the five names differ on all four. On the numbers in this article, Varun Beverages has the largest market capitalisation; CCL Products has the lowest price to earnings; Britannia has the highest return on equity as well as the highest dividend yield. Each name wins on a different row, and this is educational content rather than advice. Build a shortlist from the tables, read the latest filings, and talk to a SEBI-registered advisor, because your own goals and risk appetite decide the right fit.