Zydus Wellness Limited
NSE: ZYDUSWELL · Packaged Foods · sector
₹474.10NSE close 2026-10-26
Key numbers
Market cap₹15,076 cr
Price₹474.10
52w high / low₹612 / ₹368
P/E80.1xSector median 33.2x
P/B2.6xSector median 2.2x
Book value₹183.2
Dividend yield0.25%Sector median 0.65%
ROE3.3%Sector median 8.8%
ROCE4.1%Sector median 9.6%
OPM12.2%Sector median 9.2%
Debt / equity0.55xSector median 0.16x
EV/EBITDA32.7xSector median 18.4x
Interest cover3.0x
Current ratio1.88x
Sales growth 3y+20.7%Sector median +14.9%
Profit growth 3y-14.0%Sector median +19.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 45 companies in Packaged Foods (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹115 cr vs borrowings ₹3,186 cr (FY26): borrowings are higher by ₹3,071 cr.
- Operating profit covered interest 3.0x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY24, FY23, FY22).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 4% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹474.10 on 2026-10-26: -22.5% from the 52-week high, +29.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹579.45 · low ₹373.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 493 | 462 | 913 | 861 | 650 | 965 | 1,485 | 1,437 |
| EBITDA | 26 | 15 | 190 | 156 | -11 | 54 | 270 | 242 |
| OPM % | 5.2% | 3.2% | 20.8% | 18.1% | -1.7% | 5.6% | 18.2% | 16.8% |
| Other income | 4 | 4 | 1 | 3 | 1 | 1 | 1 | 4 |
| Net profit | 21 | 6 | 172 | 128 | -53 | -40 | 162 | 119 |
| EPS (₹) | 0.66 | 0.20 | 5.40 | 4.02 | -1.66 | -1.25 | 5.09 | 3.74 |
| Revenue YoY | +32.0% | +108.9% | +62.6% | +66.9% | ||||
| Profit YoY | -352.6% | -723.4% | -5.8% | -7.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,009 | 2,255 | 2,328 | 2,709 | 3,961 | 4,537 |
| EBITDA | 345 | 327 | 294 | 386 | 469 | 555 |
| Net profit | 308 | 310 | 267 | 347 | 197 | 188 |
| EPS (₹) | 9.71 | 9.76 | 8.39 | 10.90 | 6.20 | 5.92 |
| Revenue growth | +12.2% | +3.2% | +16.4% | +46.2% | +66.3% | |
| Profit growth | +0.8% | -14.0% | +30.0% | -43.2% | -42.5% | |
| Dividend / share (₹) | 5.00 | 5.00 | 5.00 | 5.00 | 6.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +20.7% | +16.2% | +66.3% |
| Net profit | -14.0% | +10.3% | -42.5% |
| EPS | -14.0% | +9.7% | – |
| Share price | – | +13.3% (2y) | +0.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 5,123 | 5,358 | 5,672 | 5,826 |
| Borrowings | – | 292 | 324 | 185 | 3,186 |
| Cash & equivalents | – | 108 | 316 | 110 | 115 |
| Total assets | – | 5,833 | 6,148 | 6,442 | 10,308 |
| Fixed assets | – | 270 | 247 | 290 | 315 |
| Capital work in progress | – | 13 | 10 | 15 | 23 |
| Investments | – | 0 | 1 | 1 | 1 |
| Receivables | – | 208 | 283 | 367 | 384 |
| Inventory | – | 457 | 468 | 518 | 764 |
| Payables | – | 313 | 363 | 429 | 461 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 237 | 92 | 246 | 380 | 226 |
| Cash from investing | -59 | -85 | -19 | -224 | -2,910 |
| Cash from financing | -234 | -138 | -26 | -186 | 2,698 |
| Capex | 75 | 45 | 28 | 66 | 102 |
| Free cash flow | 161 | 47 | 218 | 314 | 125 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 6.1% | 5.0% | 6.1% | 3.4% |
| ROCE % | – | 5.7% | 5.0% | 6.3% | 3.6% |
| Debtor days | – | 34 | 44 | 49 | 35 |
| Inventory days | – | 146 | 150 | 148 | 178 |
| Payable days | – | 100 | 116 | 122 | 107 |
| Cash conversion cycle (days) | – | 80 | 78 | 75 | 106 |
| Working capital days | – | 35 | 70 | 48 | 59 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 69.64% |
| FIIs | 3.56% |
| DIIs | 19.39% |
| of which Mutual funds | 18.72% |
| of which Insurance | 0.56% |
| Government | 0.00% |
| Public (non-institutions) | 7.41% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 69.62% | 69.63% | 69.63% | 69.63% | 69.63% | 69.63% | 69.64% | 69.64% |
| Promoter group | % |
|---|---|
| Zydus Lifesciences Limited | 57.59% |
| Zydus Family Trust(Trustee:Mr. Pankaj R. Patel,Smt. Pritiben P. Patel, Dr. Sharvil P. Patel) | 12.01% |
| Prashant Babubhai Patel | 0.01% |
| Pankajbhai Ramanbhai Patel | 0.00% |
| Pankajbhai Ramanbhai Patel(HUF,Karta:Mr. Pankaj R. Patel) | 0.00% |
| Pritiben Pankajbhai Patel | 0.00% |
| Sharvil Pankajbhai Patel | 0.00% |
| Shivani Pankajbhai Patel | 0.00% |
| Arati Rajiv Mehta jointly with Rajiv Vastupal Mehta | 0.00% |
| Ritaben Yatin Desai | 0.00% |
| Ayushi Rajiv Mehta jointly with Arati Rajiv Mehta | 0.00% |
| Gira Vijay Patel | 0.00% |
| Meha Sharvil Patel | 0.00% |
| Shaurya Sharvil Patel | 0.00% |
| Veda Sharvil Patel | 0.00% |
| Public holders above 1% | % |
|---|---|
| Parag Parikh Flexi Cap Fund | 7.33% |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 5.78% |
| Quant Mutual Fund - Quant Small Cap Fund | 4.02% |
| Bajaj Finserv Small Cap Fund | 1.17% |
86,160 shareholders. Pledged: 0.00% of promoter shares.
Peers in Packaged Foods
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| NESTLEIND | ₹2,26,287 cr | 55.5x | 39.2x | 79.9% | 95.7% | 24.4% | – | 1.02% |
| BRITANNIA | ₹1,10,332 cr | 42.4x | 21.6x | 55.0% | 54.5% | 18.6% | +5.5% | 1.64% |
| ZYDUSWELL | ₹15,076 cr | 80.1x | 2.6x | 3.3% | 4.1% | 12.2% | +20.7% | 0.25% |
| BIKAJI | ₹11,645 cr | 45.0x | 7.2x | 17.3% | 20.1% | 13.3% | +15.1% | 0.21% |
| BBTC | ₹8,069 cr | 6.3x | 1.1x | 20.4% | 42.0% | 18.3% | +5.5% | 12.53% |
| BECTORFOOD | ₹5,687 cr | 38.3x | 4.5x | 12.2% | 14.9% | 12.8% | +14.5% | 0.65% |
| GOPAL | ₹2,996 cr | 35.7x | 6.3x | 19.0% | 19.0% | 9.7% | – | 0.05% |
| ADFFOODS | ₹2,631 cr | 28.6x | 4.6x | 17.3% | 21.6% | 18.1% | +14.9% | 0.50% |
| DIAMONDYD | ₹2,451 cr | 213.1x | 3.5x | 1.6% | 3.2% | 4.5% | +1.4% | 0.05% |
| SUNDROP | ₹2,391 cr | 85.7x | 1.6x | 2.0% | 2.8% | 4.4% | +22.2% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Re 1.20 Per Share |
| 2025-09-18 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share |
| 2025-07-11 | Dividend | Dividend - Rs 6 Per Share |
| 2024-07-19 | Dividend | Dividend - Rs 5 Per Share |
| 2023-07-21 | Dividend | Dividend - Rs 5 Per Share |
| 2022-07-14 | Dividend | Dividend - Rs 5 Per Share |
| 2021-07-14 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2020-08-12 | Other | Annual General Meeting |
| 2020-03-19 | Dividend | Interim Dividend - Rs 5 Per Share |
| 2019-07-17 | Dividend | Dividend - Rs 5 Per Share |
| 2018-07-18 | Dividend | Dividend- Rs 8 Per Share |
| 2017-07-27 | Other | Annual General Meeting |
| 2017-03-09 | Dividend | Interim Dividend Re 6.50 Per Share (Purpose Revised) |
| 2016-07-21 | Other | Annual General Meeting |
| 2016-03-16 | Dividend | Interim Dividend - Rs 6.50/- Per Share |
| 2015-07-16 | Dividend | Annual General Meeting/Dividend - Rs 6/- Per Share |
| 2014-07-03 | Dividend | Annual General Meeting / Dividend - Rs 6/- Per Share |
| 2013-07-22 | Other | Annual General Meeting |
| 2013-05-22 | Dividend | Interim Dividend @ Rs. 6/- Per Equity Share |
| 2012-07-18 | Dividend | Annual General Meeting/Dividend Rs 5 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing of Fast Moving Consumer Goods: The Company is a leading consumer wellness organization with strong Indian roots and a global presence, holding market leadership positions across multiple brand categories viz. Sugar Free, Nutralite, Complan, Glucon-D, Nycil and Everyuth Skin care range, Max Protein – Rite Bite. It is engaged in research and development, manufacturing, marketing and distribution and sale of its products.
| Sector | Fast Moving Consumer Goods |
| Industry | Packaged Foods |
| Sub-industry | Packaged Foods |
| Symbol | ZYDUSWELL |
| BSE code | 531335 |
| ISIN | INE768C01028 |
| Face value | ₹2.0 |
| Incorporated | 1994-11-01 |
| Website | www.zyduswellness.com |
| Plants (India / abroad) | 4 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.