Sector Alpha Week of 2026-08-05
20-quarter listed-company comparison

FMCG - Foods Stocks in India

FMCG - Foods: Patanjali Foods Ltd owns the largest revenue base; Sundrop Brands Ltd has the fastest current growth.

01 · the index people search for

Nifty FMCG - Foods Index — Constituents & Performance

The FMCG - Foods companies below are the listed Indian FMCG - Foods universe this page tracks — the same constituent set people search for as the Nifty FMCG - Foods index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.

02 · the sector itself · before any single company

How has FMCG - Foods moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 22% behind NIFTY 500. Earnings across its companies grew 3% on average over the last four reported quarters — close to flat.

ASLEEP · 1y −22.7%Price down, no fundamental support0 of 6 companies ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS — · 0/6 >200d (+0) · 0/6 lead (−1) · EPS 5/6↑

20020262025202420232022 298333 TRAILING 12-MONTH EPS · 100 AT THE START0100166Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2022 · trailing 12-month earnings per share at 107, against 100 at the start · no comparable year yet · 3 reportingDec 2022 · trailing 12-month earnings per share at 128, against 100 at the start · no comparable year yet · 3 reportingMar 2023 · trailing 12-month earnings per share at 158, against 100 at the start · no comparable year yet · 3 reportingJun 2023 · trailing 12-month earnings per share at 166, against 100 at the start · up 65.8% on a year ago · 3 reportingSep 2023 · trailing 12-month earnings per share at 136, against 100 at the start · up 60.3% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 121, against 100 at the start · up 0.8% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 118, against 100 at the start · down 7.8% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 118, against 100 at the start · down 10.4% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 117, against 100 at the start · down 13.8% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 117, against 100 at the start · down 3.4% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 100, against 100 at the start · up 1.8% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 101, against 100 at the start · up 0.3% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 110, against 100 at the start · down 7.1% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 127, against 100 at the start · up 0.8% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 139, against 100 at the start · up 16.3% on a year ago · 5 reportingNot reported yet — earnings trail price by a quarter or two139 · Mar 26No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20020262025202420232022 298333 TRAILING 12-MONTH EPS · 100 AT THE START0100166Mar 23Mar 24Mar 25Mar 26Jun 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 3 reportingSep 2022 · trailing 12-month earnings per share at 107, against 100 at the start · no comparable year yet · 3 reportingDec 2022 · trailing 12-month earnings per share at 128, against 100 at the start · no comparable year yet · 3 reportingMar 2023 · trailing 12-month earnings per share at 158, against 100 at the start · no comparable year yet · 3 reportingJun 2023 · trailing 12-month earnings per share at 166, against 100 at the start · up 65.8% on a year ago · 3 reportingSep 2023 · trailing 12-month earnings per share at 136, against 100 at the start · up 60.3% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 121, against 100 at the start · up 0.8% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 118, against 100 at the start · down 7.8% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 118, against 100 at the start · down 10.4% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 117, against 100 at the start · down 13.8% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 117, against 100 at the start · down 3.4% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 100, against 100 at the start · up 1.8% on a year ago · 5 reportingJun 2025 · trailing 12-month earnings per share at 101, against 100 at the start · up 0.3% on a year ago · 5 reportingSep 2025 · trailing 12-month earnings per share at 110, against 100 at the start · down 7.1% on a year ago · 5 reportingDec 2025 · trailing 12-month earnings per share at 127, against 100 at the start · up 0.8% on a year ago · 5 reportingMar 2026 · trailing 12-month earnings per share at 139, against 100 at the start · up 16.3% on a year ago · 5 reportingNot reported yet — earnings trail price by a quarter or two139No earnings on file this far back — the price series reaches further than the filings do
FMCG - Foods, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 6 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is FMCG - Foods outperforming NIFTY 500?

FMCG - Foods has underperformed NIFTY 500 by 22.9% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 5.7%. 0 of 6 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Britannia Industries Ltd is the strongest against the sector itself at +15%.

-5.7%Sector vs NIFTY 500 · 13 weeks
-22.9%Sector vs NIFTY 500 · 52 weeks
0/6Stocks leading NIFTY 500
3/6Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

FMCG - Foods has underperformed NIFTY 500 by 22.9% over 52 weeks and 5.7% over 13 weeks. 0 of 6 covered companies beat NIFTY on Mansfield relative strength, while 3 of 6 beat the sector itself. Patanjali Foods Ltd leads with revenue of ₹40,183 crore, based on 6 of 6 comparable companies through Mar 2026.

Companies
6
complete canonical membership
Combined market value
₹3.0 L Cr
Britannia Industries Ltd
Revenue growing
6/6
positive TTM year-on-year growth
Beating NIFTY 500
0/6
positive Mansfield relative strength
Comparing 5 of 6
04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Britannia Industries Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 89.6% evidence confidence.
The Bombay Burmah Trading Corporation Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Britannia Industries LtdBRITANNIA 61.0/100Mixed-positive evidence90% evidence ASLEEP 18.9/35 Revenue 6.7% · PAT 16.5% · OPM change 0 pp 88% evidence 24.0/25 ROCE 56% · OPM 18% 100% evidence 4.2/20 P/E 51.5× · PEG 4.98 100% evidence 13.9/20 RS sector 15% · RS bench -6.8% · 1Y -3.2%0 of 10 weeks ahead 70% evidence
Exact sum: 18.9 + 24 + 4.2 + 13.9 = 61 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression.
2Tata Consumer Products LtdTATACONSUM 51.1/100Mixed-positive evidence82% evidence ASLEEP 23.1/35 Revenue 15.6% · PAT 23.5% · OPM change 1 pp 95% evidence 10.2/25 ROCE 9.2% · OPM 14% 76% evidence 6.7/20 P/E 65× · PEG — 50% evidence 11.1/20 RS sector 6.8% · RS bench -5.7% · 1Y 2.7%2 of 12 weeks ahead 100% evidence
Exact sum: 23.1 + 10.2 + 6.7 + 11.1 = 51.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Sundrop Brands LtdSUNDROP 48.2/100Mixed-negative evidence81% evidence ASLEEP 24.9/35 Revenue 72.4% · PAT 100% · OPM change 5.6 pp 65% evidence 4.5/25 ROCE 2% · OPM 5.5% 100% evidence 3.5/20 P/E 125× · PEG 4.97 65% evidence 15.3/20 RS sector 6.2% · RS bench -6.8% · 1Y -24.1%0 of 12 weeks ahead 100% evidence
Exact sum: 24.9 + 4.5 + 3.5 + 15.3 = 48.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4The Bombay Burmah Trading Corporation LtdBBTC 48.1/100Mixed-negative evidence72% evidence ASLEEP 9.7/35 Revenue 6.8% · PAT 13.6% · OPM change -1 pp 83% evidence 17.6/25 ROCE 33% · OPM 17% 76% evidence 14.8/20 P/E 8.8× · PEG — 50% evidence 6.0/20 RS sector -9.6% · RS bench -13.4% · 1Y -23.4%0 of 11 weeks ahead 70% evidence
Exact sum: 9.7 + 17.6 + 14.8 + 6 = 48.1 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
5Patanjali Foods LtdPATANJALI 43.6/100Mixed-negative evidence96% evidence ASLEEP 18.1/35 Revenue 18.3% · PAT 39.3% · OPM change -1 pp 88% evidence 7.5/25 ROCE 12% · OPM 4% 100% evidence 18.0/20 P/E 19.2× · PEG 0.67 100% evidence 0.0/20 RS sector -21.9% · RS bench -31.7% · 1Y -43.4%0 of 12 weeks ahead 100% evidence
Exact sum: 18.1 + 7.5 + 18 + 0 = 43.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Mrs Bectors Food Specialities LtdBECTORFOOD 37.6/100Mixed-negative evidence90% evidence TURNING 13.5/35 Revenue 9.1% · PAT -1.4% · OPM change 1 pp 88% evidence 12.6/25 ROCE 14.2% · OPM 13% 100% evidence 6.0/20 P/E 45× · PEG 5.31 100% evidence 5.5/20 RS sector -15.7% · RS bench -9.3% · 1Y -32.1%0 of 10 weeks ahead 70% evidence
Exact sum: 13.5 + 12.6 + 6 + 5.5 = 37.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
05 · what price has already done

Market action

Tata Consumer Products Ltd has the strongest one-year price move in FMCG - Foods at +2.7%. It also leads on Mansfield relative strength against NIFTY at -5.7%. 0 of 6 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · compare level, then change

Revenue Scale & Growth Durability

Patanjali Foods Ltd has the highest Revenue among the 6 FMCG - Foods companies compared here, at ₹40,183 crore. Tata Consumer Products Ltd is next at ₹20,861 crore. Sundrop Brands Ltd has the highest Revenue growth at 72.4%, so level and change sit with different companies. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Patanjali Foods Ltd is the scale leader at ₹40,183 crore, 92.6% ahead of Tata Consumer Products Ltd. Sundrop Brands Ltd's growth is 72.4% from a ₹1,549 crore base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderPatanjali Foods Ltd · ₹40,183 crore
Gap92.6% versus #2 · Tata Consumer Products Ltd
Persistence7/8 recent comparable periods
Coverage6/6 companies · 105 observations

Investor read: Patanjali Foods Ltd is the scale benchmark; Sundrop Brands Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Patanjali Foods Ltd's growth falls below Sundrop Brands Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Patanjali Foods Ltd PATANJALI₹40.2K Cr
2Tata Consumer Products Ltd TATACONSUM₹20.9K Cr
4Britannia Industries Ltd BRITANNIA₹19.2K Cr
5Mrs Bectors Food Specialities Ltd BECTORFOOD₹2.0K Cr
Revenue growthfastest growers
1Sundrop Brands Ltd SUNDROP72%
2Patanjali Foods Ltd PATANJALI18%
Revenue · company comparison
6/6 level · 6/6 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Patanjali Foods Ltd PATANJALI₹11.2K Cr15%Mar 2026
Tata Consumer Products Ltd TATACONSUM₹5.3K Cr12%Jun 2026
The Bombay Burmah Trading Corporation Ltd BBTC₹4.8K Cr6.6%Mar 2026
Britannia Industries Ltd BRITANNIA₹4.7K Cr6.5%Mar 2026
Mrs Bectors Food Specialities Ltd BECTORFOOD₹486 Cr9.0%Mar 2026
Sundrop Brands Ltd SUNDROP₹387 Cr27%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Britannia Industries Ltd · BRITANNIA

₹3.6K Cr
₹3.6K Cr
₹3.5K Cr
₹3.7K Cr
₹4.4K Cr
₹4.2K Cr
₹4.0K Cr
₹4.0K Cr
₹4.4K Cr
₹4.3K Cr
₹4.1K Cr
₹4.3K Cr
₹4.7K Cr
₹4.6K Cr
₹4.4K Cr
₹4.6K Cr
₹4.8K Cr
₹5.0K Cr
₹4.7K Cr

Mrs Bectors Food Specialities Ltd · BECTORFOOD

₹246 Cr
₹263 Cr
₹252 Cr
₹301 Cr
₹347 Cr
₹368 Cr
₹346 Cr
₹374 Cr
₹415 Cr
₹429 Cr
₹406 Cr
₹439 Cr
₹496 Cr
₹492 Cr
₹446 Cr
₹473 Cr
₹551 Cr
₹533 Cr
₹486 Cr

Patanjali Foods Ltd · PATANJALI

₹6.0K Cr
₹6.3K Cr
₹6.7K Cr
₹7.2K Cr
₹8.5K Cr
₹7.9K Cr
₹7.9K Cr
₹7.8K Cr
₹7.8K Cr
₹7.9K Cr
₹8.2K Cr
₹7.2K Cr
₹8.1K Cr
₹9.0K Cr
₹9.7K Cr
₹8.8K Cr
₹9.8K Cr
₹10.5K Cr
₹11.2K Cr

Sundrop Brands Ltd · SUNDROP

₹252 Cr
₹246 Cr
₹213 Cr
₹186 Cr
₹237 Cr
₹225 Cr
₹202 Cr
₹187 Cr
₹201 Cr
₹193 Cr
₹178 Cr
₹181 Cr
₹206 Cr
₹208 Cr
₹304 Cr
₹372 Cr
₹383 Cr
₹407 Cr
₹387 Cr

Tata Consumer Products Ltd · TATACONSUM

₹3.5K Cr
₹3.6K Cr
₹3.7K Cr
₹3.7K Cr
₹3.8K Cr
₹3.9K Cr
₹4.4K Cr
₹4.2K Cr
₹4.4K Cr
₹4.6K Cr
₹4.8K Cr
₹5.0K Cr
₹5.1K Cr
₹5.4K Cr
₹5.3K Cr

The Bombay Burmah Trading Corporation Ltd · BBTC

₹4.3K Cr
₹4.1K Cr
₹4.1K Cr
₹4.5K Cr
₹4.3K Cr
₹4.2K Cr
₹4.3K Cr
₹4.8K Cr
₹4.7K Cr
₹4.5K Cr
₹4.7K Cr
₹4.9K Cr
₹5.1K Cr
₹4.8K Cr

Revenue growth · reported quarter history

Britannia Industries Ltd · BRITANNIA

6.8%
21%
17%
15%
8.4%
1.2%
1.4%
1.1%
6.0%
5.3%
7.9%
8.9%
8.8%
3.7%
8.2%
6.5%

Mrs Bectors Food Specialities Ltd · BECTORFOOD

33%
41%
40%
37%
24%
20%
17%
17%
17%
20%
15%
9.9%
7.7%
11%
8.3%
9.0%

Patanjali Foods Ltd · PATANJALI

37%
42%
26%
18%
7.7%
-8.1%
-0.2%
4.4%
-7.6%
3.6%
14%
18%
22%
21%
17%
15%

Sundrop Brands Ltd · SUNDROP

-9.7%
-6.0%
-8.6%
-5.2%
0.7%
-15%
-14%
-12%
-3.6%
2.5%
8.0%
70%
106%
86%
96%
27%

Tata Consumer Products Ltd · TATACONSUM

9.5%
8.5%
16%
13%
17%
17%
9.8%
18%
15%
18%
12%

The Bombay Burmah Trading Corporation Ltd · BBTC

1.3%
1.3%
6.0%
5.2%
8.0%
8.6%
8.8%
3.8%
8.1%
6.6%
07 · compare level, then change

Operating Economics & Margin Trend

Britannia Industries Ltd has the highest OPM among the 6 FMCG - Foods companies compared here, at 18%. The Bombay Burmah Trading Corporation Ltd is next at 17%. Sundrop Brands Ltd has the highest Margin change at +5.6 percentage points, so level and change sit with different companies. Its OPM series carries 19 reported observations across the 20-quarter window.

What the numbers say: Britannia Industries Ltd leads opm at 18%; Sundrop Brands Ltd leads margin change at +5.6 percentage points.

LeaderBritannia Industries Ltd · 18%
Gap5.9% versus #2 · The Bombay Burmah Trading Corporation Ltd
Persistence3/8 recent comparable periods
Coverage6/6 companies · 115 observations

Investor read: Britannia Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
Margin changefastest expanders
1Sundrop Brands Ltd SUNDROP+5.6 pp
3Tata Consumer Products Ltd TATACONSUM+1.0 pp
4Britannia Industries Ltd BRITANNIA0.0 pp
Operating margin · company comparison
6/6 level · 6/6 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Britannia Industries Ltd BRITANNIA18%0.0 ppMar 2026
The Bombay Burmah Trading Corporation Ltd BBTC17%−1.0 ppMar 2026
Tata Consumer Products Ltd TATACONSUM14%+1.0 ppJun 2026
Mrs Bectors Food Specialities Ltd BECTORFOOD13%+1.0 ppMar 2026
Sundrop Brands Ltd SUNDROP5.5%+5.6 ppMar 2026
Patanjali Foods Ltd PATANJALI4.0%−1.0 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Britannia Industries Ltd · BRITANNIA

15%
15%
15%
14%
16%
19%
20%
17%
20%
19%
19%
18%
17%
18%
18%
16%
20%
20%
18%

Mrs Bectors Food Specialities Ltd · BECTORFOOD

14%
13%
10%
10%
13%
14%
14%
15%
16%
14%
14%
15%
14%
12%
12%
12%
13%
13%
13%

Patanjali Foods Ltd · PATANJALI

4.9%
6.2%
5.7%
5.0%
1.8%
4.1%
4.0%
1.3%
4.3%
3.6%
4.0%
6.0%
6.0%
6.0%
5.0%
3.7%
6.0%
4.1%
4.0%

Sundrop Brands Ltd · SUNDROP

4.3%
6.1%
5.8%
3.3%
4.4%
6.9%
6.5%
6.1%
4.3%
4.6%
2.9%
3.4%
3.0%
6.9%
-0.1%
3.7%
1.0%
5.0%
5.5%

Tata Consumer Products Ltd · TATACONSUM

14%
14%
14%
14%
13%
13%
14%
15%
14%
15%
16%
15%
15%
13%
13%
13%
14%
14%
15%
14%

The Bombay Burmah Trading Corporation Ltd · BBTC

12%
10%
11%
3.2%
9.0%
12%
16%
8.0%
17%
18%
18%
17%
15%
19%
18%
15%
19%
19%
17%

Margin change · reported quarter history

Britannia Industries Ltd · BRITANNIA

−4.3 pp
−4.2 pp
−0.7 pp
−2.7 pp
+0.8 pp
+3.9 pp
+4.5 pp
+3.5 pp
+3.8 pp
0.0 pp
−1.0 pp
+1.0 pp
−3.0 pp
−1.0 pp
−1.0 pp
−2.0 pp
+3.0 pp
+2.0 pp
0.0 pp

Mrs Bectors Food Specialities Ltd · BECTORFOOD

−2.5 pp
−4.9 pp
−3.0 pp
−2.5 pp
−1.3 pp
+1.4 pp
+3.9 pp
+4.7 pp
+3.3 pp
0.0 pp
0.0 pp
0.0 pp
−2.0 pp
−2.0 pp
−2.0 pp
−3.0 pp
−1.0 pp
+1.0 pp
+1.0 pp

Patanjali Foods Ltd · PATANJALI

−0.7 pp
−3.1 pp
−2.1 pp
−1.7 pp
−3.7 pp
+2.5 pp
−0.5 pp
0.0 pp
+4.7 pp
+1.7 pp
+2.4 pp
+1.0 pp
−2.3 pp
0.0 pp
−1.9 pp
−1.0 pp

Sundrop Brands Ltd · SUNDROP

−2.9 pp
−0.4 pp
+1.6 pp
−4.5 pp
+0.2 pp
+0.8 pp
+0.8 pp
+2.8 pp
−0.2 pp
−2.2 pp
−3.6 pp
−2.7 pp
−1.3 pp
+2.3 pp
−3.0 pp
+0.3 pp
−2.0 pp
−1.9 pp
+5.6 pp

Tata Consumer Products Ltd · TATACONSUM

−0.7 pp
+2.6 pp
+4.1 pp
+0.5 pp
−0.7 pp
−1.4 pp
+0.0 pp
+1.3 pp
+1.1 pp
+2.0 pp
+2.0 pp
0.0 pp
+1.0 pp
−2.0 pp
−3.0 pp
−2.0 pp
−1.0 pp
+1.0 pp
+2.0 pp
+1.0 pp

The Bombay Burmah Trading Corporation Ltd · BBTC

−5.0 pp
−3.9 pp
−3.7 pp
−11.1 pp
−2.6 pp
+1.7 pp
+5.3 pp
+4.8 pp
+8.0 pp
+6.0 pp
+2.0 pp
+9.0 pp
−2.0 pp
+1.0 pp
0.0 pp
−2.0 pp
+4.0 pp
0.0 pp
−1.0 pp
08 · compare level, then change

Profit Scale & Acceleration

Britannia Industries Ltd has the highest Net profit among the 6 FMCG - Foods companies compared here, at ₹2,537 crore. The Bombay Burmah Trading Corporation Ltd is next at ₹2,500 crore. Patanjali Foods Ltd has the highest Profit growth at 39.3%, so level and change sit with different companies.

What the numbers say: Britannia Industries Ltd leads with ₹2,537 crore of TTM profit, 1.5% above The Bombay Burmah Trading Corporation Ltd. Patanjali Foods Ltd shows 39.3% growth from a ₹1,814 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderBritannia Industries Ltd · ₹2,537 crore
Gap1.5% versus #2 · The Bombay Burmah Trading Corporation Ltd
Persistence7/8 recent comparable periods
Coverage6/6 companies · 105 observations

Investor read: Britannia Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Britannia Industries Ltd BRITANNIA₹2.5K Cr
3Patanjali Foods Ltd PATANJALI₹1.8K Cr
4Tata Consumer Products Ltd TATACONSUM₹1.6K Cr
Profit growthfastest growers
1Patanjali Foods Ltd PATANJALI39%
Net profit · company comparison
6/6 level · 5/6 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
The Bombay Burmah Trading Corporation Ltd BBTC₹781 Cr34%Mar 2026
Britannia Industries Ltd BRITANNIA₹680 Cr22%Mar 2026
Patanjali Foods Ltd PATANJALI₹524 Cr46%Mar 2026
Tata Consumer Products Ltd TATACONSUM₹427 Cr29%Jun 2026
Mrs Bectors Food Specialities Ltd BECTORFOOD₹35 Cr2.9%Mar 2026
Sundrop Brands Ltd SUNDROP₹10 Cr106%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Britannia Industries Ltd · BRITANNIA

₹384 Cr
₹371 Cr
₹380 Cr
₹337 Cr
₹493 Cr
₹932 Cr
₹558 Cr
₹455 Cr
₹586 Cr
₹556 Cr
₹537 Cr
₹505 Cr
₹532 Cr
₹582 Cr
₹559 Cr
₹520 Cr
₹655 Cr
₹682 Cr
₹680 Cr

Mrs Bectors Food Specialities Ltd · BECTORFOOD

₹18 Cr
₹16 Cr
₹10 Cr
₹13 Cr
₹22 Cr
₹28 Cr
₹28 Cr
₹35 Cr
₹37 Cr
₹35 Cr
₹34 Cr
₹35 Cr
₹39 Cr
₹35 Cr
₹34 Cr
₹31 Cr
₹37 Cr
₹38 Cr
₹35 Cr

Patanjali Foods Ltd · PATANJALI

₹164 Cr
₹234 Cr
₹234 Cr
₹241 Cr
₹112 Cr
₹269 Cr
₹264 Cr
₹88 Cr
₹255 Cr
₹217 Cr
₹206 Cr
₹263 Cr
₹309 Cr
₹371 Cr
₹359 Cr
₹180 Cr
₹517 Cr
₹593 Cr
₹524 Cr

Sundrop Brands Ltd · SUNDROP

₹5 Cr
₹7 Cr
₹6 Cr
₹0 Cr
₹3 Cr
₹7 Cr
₹5 Cr
₹5 Cr
₹2 Cr
₹3 Cr
₹1 Cr
₹0 Cr
₹0 Cr
₹4 Cr
₹-114 Cr
₹4 Cr
₹-2 Cr
₹8 Cr
₹10 Cr

Tata Consumer Products Ltd · TATACONSUM

₹364 Cr
₹290 Cr
₹338 Cr
₹364 Cr
₹302 Cr
₹212 Cr
₹289 Cr
₹367 Cr
₹282 Cr
₹349 Cr
₹332 Cr
₹407 Cr
₹385 Cr
₹424 Cr
₹427 Cr

The Bombay Burmah Trading Corporation Ltd · BBTC

₹618 Cr
₹-1.3K Cr
₹68 Cr
₹412 Cr
₹731 Cr
₹549 Cr
₹472 Cr
₹516 Cr
₹627 Cr
₹585 Cr
₹498 Cr
₹566 Cr
₹655 Cr
₹781 Cr

Profit growth · reported quarter history

Britannia Industries Ltd · BRITANNIA

-14%
28%
151%
47%
35%
19%
-40%
-3.8%
11%
-9.2%
4.7%
4.1%
3.0%
23%
17%
22%

Mrs Bectors Food Specialities Ltd · BECTORFOOD

0.0%
22%
75%
180%
169%
68%
25%
21%
0.0%
5.4%
0.0%
0.0%
-11%
-5.1%
8.6%
2.9%

Patanjali Foods Ltd · PATANJALI

39%
-32%
15%
13%
-63%
128%
-19%
-22%
199%
21%
71%
74%
-32%
67%
60%
46%

Sundrop Brands Ltd · SUNDROP

-100%
-40%
-2.4%
-16%
-38%
-63%
-71%
-96%
-97%
55%
-7,806%
2,055%
-4,280%
106%

Tata Consumer Products Ltd · TATACONSUM

-17%
-27%
-15%
0.8%
-6.6%
65%
15%
11%
37%
21%
29%

The Bombay Burmah Trading Corporation Ltd · BBTC

18%
594%
25%
-14%
6.6%
5.5%
9.7%
4.5%
34%
09 · compare level, then change

Return On Capital Employed

Britannia Industries Ltd has the highest ROCE among the 6 FMCG - Foods companies compared here, at 56%. The Bombay Burmah Trading Corporation Ltd is next at 33%. The same company also holds the highest ROCE change, at +2.7 percentage points. 6 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Britannia Industries Ltd leads ROCE at 56%, 23 percentage points above The Bombay Burmah Trading Corporation Ltd. Britannia Industries Ltd has the strongest latest improvement at +2.7 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderBritannia Industries Ltd · 56%
Gap69.7% versus #2 · The Bombay Burmah Trading Corporation Ltd
Persistence3/8 recent comparable periods
Coverage6/6 companies · 57 observations

Investor read: Britannia Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCE changefastest improvers
1Britannia Industries Ltd BRITANNIA+2.7 pp
2Sundrop Brands Ltd SUNDROP+1.6 pp
3Tata Consumer Products Ltd TATACONSUM0.0 pp
Return on capital · company comparison
6/6 level · 6/6 change

Withheld from this chart: Tata Consumer Products Ltd (TATACONSUM) — its two data sources disagree by up to 7.5% on reported income across 14 comparable periods, so its derived ratios are withheld; The Bombay Burmah Trading Corporation Ltd (BBTC) — its two data sources disagree by up to 13% on reported income across 13 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Britannia Industries Ltd BRITANNIA58%+2.7 ppMar 2026
Mrs Bectors Food Specialities Ltd BECTORFOOD12%−1.7 ppMar 2026
Patanjali Foods Ltd PATANJALI11%−3.7 ppMar 2026
Sundrop Brands Ltd SUNDROP1.7%+1.6 ppMar 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Britannia Industries Ltd · BRITANNIA

80%
61%
55%
50%
77%
82%
58%
61%
68%
77%
55%
60%
67%
78%
58%

Mrs Bectors Food Specialities Ltd · BECTORFOOD

15%
13%
14%
18%
22%
28%
21%
20%
15%
21%
14%
18%
12%
15%
12%

Patanjali Foods Ltd · PATANJALI

15%
15%
14%
12%
10%
10%
12%
15%
16%
14%
15%
11%

Sundrop Brands Ltd · SUNDROP

6.6%
6.8%
4.7%
4.7%
5.3%
4.5%
2.5%
2.1%
1.0%
1.9%
0.1%
-13%
0.0%
-13%
1.7%

ROCE change · reported quarter history

Britannia Industries Ltd · BRITANNIA

−25.6 pp
−11.1 pp
+22.6 pp
+7.6 pp
−9.2 pp
−5.1 pp
−2.4 pp
−0.6 pp
−1.0 pp
+1.2 pp
+2.7 pp

Mrs Bectors Food Specialities Ltd · BECTORFOOD

−1.3 pp
+5.3 pp
+8.4 pp
+2.8 pp
−7.2 pp
−7.2 pp
−7.6 pp
−2.2 pp
−3.2 pp
−5.8 pp
−1.7 pp

Patanjali Foods Ltd · PATANJALI

−1.6 pp
−3.2 pp
−3.1 pp
−1.2 pp
+2.0 pp
+4.8 pp
+1.8 pp
−3.7 pp

Sundrop Brands Ltd · SUNDROP

−1.9 pp
−2.1 pp
+0.6 pp
−2.2 pp
−4.3 pp
−2.6 pp
−2.4 pp
−15.5 pp
−1.0 pp
−15.0 pp
+1.6 pp
10 · compare level, then change

Valuation Against Growth & Quality

Patanjali Foods Ltd has the lowest PEG among the 6 FMCG - Foods companies compared here, at 0.67×. Sundrop Brands Ltd is next at 4.97×. The Bombay Burmah Trading Corporation Ltd has the lowest P/E at 8.83×, so level and change sit with different companies. 4 of 6 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Patanjali Foods Ltd has the lowest comparable PEG at 0.67×, 86.5% below Sundrop Brands Ltd. Only 4 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderPatanjali Foods Ltd · 0.67×
Gap86.5% versus #2 · Sundrop Brands Ltd
Persistence0/8 recent comparable periods
Coverage4/6 companies · 19 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
Valuation · company comparison
4/6 level · 6/6 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Mrs Bectors Food Specialities Ltd BECTORFOOD5.339.9Mar 2026
Britannia Industries Ltd BRITANNIA5.054.9Mar 2026
Sundrop Brands Ltd SUNDROP5.056.9Mar 2026
Patanjali Foods Ltd PATANJALI0.730.9Mar 2026
Tata Consumer Products Ltd TATACONSUM72.9Jun 2026
The Bombay Burmah Trading Corporation Ltd BBTC8.9Mar 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Britannia Industries Ltd · BRITANNIA

1.2
1.7
1.3
3.1
5.9
13.1
8.2
5.0

Mrs Bectors Food Specialities Ltd · BECTORFOOD

0.9
1.0
3.2
5.3

Patanjali Foods Ltd · PATANJALI

1.2
3.0
2.9
0.7
0.7

Sundrop Brands Ltd · SUNDROP

7.3
5.0

P/E · reported quarter history

Britannia Industries Ltd · BRITANNIA

57.0
54.5
49.4
54.8
62.8
65.6
56.6
60.0
51.1
57.6
54.7
61.6
68.4
53.4
54.7
63.5
65.0
62.7
54.9

Mrs Bectors Food Specialities Ltd · BECTORFOOD

34.1
34.6
29.2
27.4
37.8
41.0
43.2
52.7
54.7
51.5
48.8
57.6
81.6
68.5
61.7
57.7
56.7
52.6
39.9

Patanjali Foods Ltd · PATANJALI

35.6
28.5
35.1
44.0
60.6
50.4
39.6
58.7
51.2
69.3
63.3
61.3
61.3
56.2
50.4
45.9
52.5
41.7
30.9

Sundrop Brands Ltd · SUNDROP

94.0
106.6
93.7
84.8
108.8
138.1
143.5
135.1
101.5
116.2
119.2
198.2
454.9
516.5
267.6
79.8
69.1
62.7
56.9

Tata Consumer Products Ltd · TATACONSUM

102.8
90.7
83.8
71.4
71.9
70.1
63.7
76.1
72.8
83.9
81.7
79.7
88.0
65.1
75.3
88.0
84.2
87.3
71.6
72.9

The Bombay Burmah Trading Corporation Ltd · BBTC

30.8
23.2
23.8
24.2
100.4
71.4
19.8
17.9
12.0
10.9
12.2
11.0
11.5
8.9
11 · before the conclusion, check the blind spots

What can make this comparison misleading?

This FMCG - Foods comparison names 5 specific ways its own evidence can mislead, all listed below. All 6 companies here report on comparable dates, so no rank carries a stale marker. 2 have second-feed figures withheld because the two sources disagree. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
12 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 6 FMCG - Foods companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 0 unverified · 2 withheld, of 6 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

13 · questions investors ask, short speakable answers

FMCG - Foods company comparison FAQs

These 24 answers restate the FMCG - Foods comparison above in question form. Every one is computed from the same 6 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.

Is the FMCG - Foods sector outperforming NIFTY 500?

FMCG - Foods has underperformed NIFTY 500 by 22.9% over 52 weeks and 5.7% over 13 weeks. 0 of 6 covered companies beat NIFTY on Mansfield relative strength, while 3 of 6 beat the sector itself.

Which FMCG - Foods company is largest by revenue?

Patanjali Foods Ltd leads with revenue of ₹40,183 crore, based on 6 of 6 comparable companies through Mar 2026.

Which FMCG - Foods company is growing fastest?

Sundrop Brands Ltd has the fastest current revenue growth at 72.4%, across 6 of 6 comparable companies.

Which FMCG - Foods company has the strongest 4-Factor Sector Score?

Britannia Industries Ltd ranks first at 61/100 with 89.6% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which FMCG - Foods company has the lowest comparable PEG?

Patanjali Foods Ltd has the lowest comparable PEG at 0.67, among 4 of 6 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this FMCG - Foods comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

What is the Nifty FMCG - Foods index?

The Nifty FMCG - Foods index tracks India's listed FMCG - Foods companies as a single basket. This page follows the same 6 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the FMCG - Foods sector rather than to its largest constituent. Figures are as of Jun 2026.

Which are the best FMCG - Foods stocks in India?

Ranked by this page's four-factor score, Britannia Industries Ltd places first among 6 listed FMCG - Foods companies, followed by Tata Consumer Products Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many FMCG - Foods stocks are listed in India?

This comparison covers 6 listed FMCG - Foods companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which FMCG - Foods company is the biggest?

Patanjali Foods Ltd is the largest, with trailing-twelve-month revenue of ₹40,183 crore, ahead of Tata Consumer Products Ltd at ₹20,861 crore. That covers 6 of 6 companies with comparable reporting through Mar 2026.

Which FMCG - Foods company has the best profit margins?

Britannia Industries Ltd has the highest operating margin at 18%, from 6 of 6 comparable companies. Sundrop Brands Ltd shows the biggest recent improvement, at +5.6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which FMCG - Foods company makes the most profit?

Britannia Industries Ltd earns the most, at ₹2,537 crore of trailing-twelve-month net profit, from 6 of 6 comparable companies. Patanjali Foods Ltd has the fastest profit growth at 39.3%, though growth off a small or recovering profit base overstates how much has actually changed.

Which FMCG - Foods company earns the highest return on capital?

Britannia Industries Ltd leads on return on capital employed at 56%, across 6 of 6 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which FMCG - Foods stock is the cheapest?

On PEG — where a LOWER number is cheaper — Patanjali Foods Ltd screens cheapest at 0.67×. Only 4 of 6 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the FMCG - Foods sector beating the market?

FMCG - Foods has underperformed NIFTY 500 by 22.9% over the last 52 weeks and 5.7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 6 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which FMCG - Foods stock has the strongest price momentum?

Tata Consumer Products Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which FMCG - Foods company scores highest for research priority?

Britannia Industries Ltd scores 61 out of 100 with 89.6% evidence confidence, from 18.9 points on growth and earnings, 24 on capital efficiency, 4.2 on valuation and 13.9 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many FMCG - Foods companies does this comparison cover, and over what period?

It compares 6 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the FMCG - Foods sector?

The 6 FMCG - Foods companies on this page carry ₹2,95,532 crore of combined market value. Britannia Industries Ltd is the largest at ₹1,30,466 crore, about 44% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.

What is the FMCG - Foods sector's P/E ratio?

The median price-to-earnings ratio across the 6 FMCG - Foods companies on this page is 51.5×, measured on the 6 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-05.

How is the FMCG - Foods sector performing?

0 of the 6 covered FMCG - Foods companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 22.9% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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