Madhusudan Masala Ltd vs Varun Beverages Ltd Stock Comparison

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Last Updated on: Oct 06, 2026

Key Highlights

The Latest Trading Price of Madhusudan Masala Ltd is ₹ 227.15 as of 06 Oct 15:30 . The p/e ratio of Madhusudan Masala Ltd changed from 14.4 to 11.3 over 2 quarters. This represents a CAGR of -38.42% The p/e ratio of Varun Beverages Ltd changed from 55.3 to 0 over 7 quarters. This represents a CAGR of -100.00% The market cap of Madhusudan Masala Ltd changed from ₹ 216.18 crore to ₹ 208.79 crore over 2 quarters. This represents a CAGR of -6.72% The market cap of Varun Beverages Ltd changed from ₹ 38390 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of -100.00% The revenue of Madhusudan Masala Ltd for the Sep '26 is ₹ 0 crore as compare to the Jun '26 revenue of ₹ 98.6 crore. This represent the decline of -100% The revenue of Varun Beverages Ltd for the Sep '26 is ₹ 8555 crore as compare to the Jun '26 revenue of ₹ 6617 crore. This represent the growth of 29.28% The ebitda of Madhusudan Masala Ltd for the Sep '26 is ₹ 0 crore as compare to the Jun '26 ebitda of ₹ 11.38 crore. This represent the decline of -100% The ebitda of Varun Beverages Ltd for the Sep '26 is ₹ 2443 crore as compare to the Jun '26 ebitda of ₹ 1568 crore. This represent the growth of 55.76% The net profit of Madhusudan Masala Ltd changed from ₹ 2.36 crore to ₹ 0 crore over 10 quarters. This represents a CAGR of -100.00% The net profit of Varun Beverages Ltd changed from ₹ 547.98 crore to ₹ 1525 crore over 10 quarters. This represents a CAGR of 50.61% The dividend payout of Madhusudan Masala Ltd changed from 0 % to 0 % over 11 quarters. This represents a CAGR of 0.0% The dividend payout of Varun Beverages Ltd changed from 22.12 % to 0 % over 11 quarters. This represents a CAGR of -100.00% .

About Madhusudan Masala Ltd

Madhusudan Masala Limited was originally formed as a Partnership Firm registered under the Indian Partnership Act, 1932 with Registrar of Firms, Gujarat in the name and style of 'M/s.
Madhusudan & Co.', pursuant to a Deed of Partnership in 1982.
Further 'M/s.
Madhusudan & Co.' was converted from Partnership Firm to a Private Limited Company in the name of 'Madhusudan Masala Private Limited' vide Certificate of Incorporation dated December 14, 2021, issued by Registrar of Companies.
Subsequently the Company was converted into a Public Limited Company on April 15, 2023 and the name was changed to 'Madhusudan Masala Limited' vide fresh Certificate of Incorporation dated April 29, 2023 by the Registrar of Companies, Ahmedabad. The Company started current manufacturing unit at Industrial Area Hapa, Near Jamnagar Unit in FY 2015.

About Varun Beverages Ltd

Varun Beverages Limited, part of the RJ Corp group, a diversified business conglomerate with interests in beverages, quick-service restaurants, dairy and healthcare, is the second largest franchisee in the world (outside US) of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) sold under trademarks owned by PepsiCo.
The company produces and distributes a wide range of CSDs, as well as a large selection of NCBs, including packaged drinking water. The Company has presence in 26 States and 6 Union Territories in India and 9 other countries across the world viz.
Nepal, Sri Lanka, Morocco, Zambia, Zimbabwe, Democratic Republic of Congo, South Africa, Lesotho & Eswatini).
Further, It is is having 50 manufacturing facilities, of which 38 are in India and 12 in International territories.

FAQs for the comparison of Madhusudan Masala Ltd and Varun Beverages Ltd

Which company has a larger market capitalization, Madhusudan Masala Ltd or Varun Beverages Ltd?

Market cap of Madhusudan Masala Ltd is 366 Cr while Market cap of Varun Beverages Ltd is 148,745 Cr

What are the key factors driving the stock performance of Madhusudan Masala Ltd and Varun Beverages Ltd?

The stock performance of Madhusudan Masala Ltd and Varun Beverages Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Madhusudan Masala Ltd and Varun Beverages Ltd?

As of October 6, 2026, the Madhusudan Masala Ltd stock price is INR ₹227.15. On the other hand, Varun Beverages Ltd stock price is INR ₹439.75.

How do dividend payouts of Madhusudan Masala Ltd and Varun Beverages Ltd compare?

To compare the dividend payouts of Madhusudan Masala Ltd and Varun Beverages Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.