Z

Zydus Wellness Limited

ZYDUSWELLNSE
Market snapshot · 2026-08-11 00:53 UTC

516.10

₹-17.75 (-3.32%)

MARKET CAP

₹16.42K Cr

STOCK P/E

87.0x

52W HIGH

₹611.85

52W LOW

₹367.55

BOOK VALUE

₹183.12

EPS

₹5.93

ROE

SECTOR

Consumer Staples

DEBT/EQUITY

54.97

VOLUME

5.86L

P/B RATIO

2.82x

PEG RATIO

-12.43

Sector

Consumer Staples

Themes

FMCG - FoodsPackaged Foods
D
Dividend
S
Split
E
Earnings
₹597.11₹542.94₹488.78₹434.61₹380.44VolumeSEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Zydus Wellness is a consumer-staples company selling health, nutrition, personal-care and household products. Glucon-D and Sugar Free drive functional nutrition, while Complan, Nutralite, Everyuth, Nycil and RiteBite extend its branded portfolio. Revenue grew 46.4% year-on-year, but Q1 profit fell 7% to ₹118.9 crore, indicating growth has not fully converted into earnings. Improving margins provide a positive operating signal, yet profit growth declined 43.2% in the reported period. Debt-to-equity of 54.97 implies leverage can amplify ROE, although ROE is unavailable. At 90 times earnings, the stock is overvalued and trades at a substantial premium to growth. Positive sentiment may support momentum, but earnings conversion and leverage remain key risks.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for ZYDUSWELL.

7.00 analysts

Price Forecast

Current
₹516.10
High Target
₹665.00
▲ +28.9%
Median Target
₹610.00
▲ +18.2%
Low Target
₹550.00
▲ +6.6%
Now₹516.10High ₹665.00Median ₹610.00Low ₹550.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
7 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹414.48 - ₹685.5780%
6M₹385.73 - ₹785.8880%
12M₹355.11 - ₹971.5380%
Realized vol: +39.3% · Drift: +20.6%

Revenue Forecast

₹ Cr
Dec '25Current₹153.0
Sep 2026 ETrend estimate range
High₹252.7Base₹234.0Low₹215.3
Mar '25: ₹78.0 · Jun '25: ₹141.0 · Sep '25: ₹156.0 · Dec '25: ₹153.0 · Sep '26: ₹234.0 · Dec '26: ₹229.5
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E78.0141.0156.0153.0234.0229.5
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Dec '25Current₹0.38
Sep 2026 ETrend estimate range
High₹0.19Base₹0.17Low₹0.15
Mar '25: ₹0.74 · Jun '25: ₹0.14 · Sep '25: ₹0.24 · Dec '25: ₹0.38 · Sep '26: ₹0.17 · Dec '26: ₹0.27
Mar '25Jun '25Sep '25Dec '25Sep '26 EDec '26 E0.740.140.240.380.170.27
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
54%
Analyst Consensus
Weakening

From 7 analysts

Mean upside+17.5%

Fundamentals

Moderate

Fundamentals institutional score is 50 using growth durability 49.5.

Valuation

Premium valuation

Valuation institutional score is 34 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 75 using mean target upside 17.5%; dispersion penalty 7.6; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 60 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. analyst consensus provide support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price606.4 target
Mean Upside+17.5%
Technical Score60%
Fundamental Score50%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 33.1% above historical median. Valuation is rising — currently in the strongly overvalued zone (z-score: +1.69). Confidence: 82%.

Live forward EPS implies next-12-month EPS of ₹15.96. Applying the stock's normalized valuation corridor produces a fair range of ₹892.16 to ₹1,191.41, with base value near ₹1,043.94 (+102.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹15.96

Forward P/E

32.3x

Base Fair Value

₹1,043.94

Fair Range

₹892.16 - ₹1,191.41

Upside To Base

+102.3%

Estimate Source

Live forward EPS

Growth Estimate

-7.0%

P/E
Strongly Overvalued

5Y Average

62.64

Current

87.03

Overvalued

74.65

Undervalued

55.90

EV/EBITDA
Strongly Overvalued

5Y Average

24.75

Current

34.39

Overvalued

26.99

Undervalued

20.74

P/S
Strongly Overvalued

5Y Average

2.60

Current

3.62

Overvalued

3.00

Undervalued

2.21

Peers & Comparison

Sector: Consumer Staples · Theme: FMCG - Foods

FMCG - Foods Peers8 peers
Avg P/E: 48x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BIKAJI FOODS INTERN LTD
BIKAJIFMCG - Foods
+12.5%8.4%
60.6x
Premium
+26% vs avg
-13.6%
HATSUN AGRO PRODUCT LTD.
HATSUNFMCG - Foods
+19.3%3.4%
59.9x
Premium
+25% vs avg
+5.9%
+18.7%6.6%
57.2x
Premium
+19% vs avg
-23.4%
MRS BECTORS FOOD SPE LTD
BECTORFOODFMCG - Foods
+16.0%7.0%
50.7x
Fair
+6% vs avg
-20.7%
HINDUSTAN FOODS LIMITED
HNDFDSFMCG - Foods
+20.7%3.6%
47.5x
Fair
-1% vs avg
+11.1%
VADILAL INDUSTRIES LTD
VADILALINDFMCG - Foods
+57.0%10.3%
34.2x
Undervalued
-29% vs avg
+43.0%
KWALITY WALL'S (INDIA) L
KWILFMCG - Foods
+6.3%-19.5%
+18.5%
DODLA DAIRY LIMITED
DODLAFMCG - Foods
+19.0%5.7%
25.9x
Undervalued
-46% vs avg
-20.6%
WHY THESE PEERS

ZYDUS WELLNESS LIMITED trades at a premium (87.0x vs peer avg 48.0x), implying higher growth or quality expectations from the Fmcg - Foods cohort. Peers include BIKAJI FOODS INTERN LTD, HATSUN AGRO PRODUCT LTD., VISHAL MEGA MART LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹153 CrDec 2025

Latest net profit

₹12 CrDec 2025

Latest EPS

₹0.38Dec 2025

Net margin

9.1%Dec 2025

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.0%4.0%8.0%12.0%16.0%0.00 Cr40 Cr80 Cr120 Cr160 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q3 '25Q4 '25Q1 '26Q2 '26Q3 '260.00 Cr40 Cr80 Cr120 Cr160 Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestProfitbefore taxTax & otherNet Profit0.00 Cr40 Cr80 Cr120 Cr160 Cr

Latest reported period: Dec 2025

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
20212022202320242025-55 Cr0.00 Cr55 Cr110 Cr165 Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales58.860.157.863.863.163.463.388.477.5141156153
Expenses50.852.950.45355.758.155.87468.5126129132
Operating Profit76.36.59.96.54.46.613.48.19.420.513.9
OPM %11.9%10.48%11.25%15.52%10.3%6.94%10.43%15.16%10.45%6.67%13.14%9.11%
Other Income3.64.14.74.64.84.84.13.60.30.83.24.9
Interest0.10.80.90.90.80.21.42.22.32.53.1
Depreciation10.90.90.90.90.90.910.966.46.3
Profit before tax10.510.410.413.610.48.410.515.66.27.921.215.7
Tax %-173.33%23.08%25%24.26%28.85%26.19%23.81%25%25.81%41.77%18.4%26.11%
Net Profit28.787.810.37.46.2811.74.64.617.311.6
EPS in Rs4.501.291.231.621.160.970.251.840.740.140.240.38

All values in Rs. Crore unless otherwise stated. Source: CMIE Prowess, Quarterly Interim Standalone.

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters69.63%69.63%69.63%69.63%69.64%
FII3.29%3.25%3.43%3.27%3.17%
DII19.76%19.27%18.76%18.58%18.87%
Public5.91%6.23%6.37%6.64%6.47%
Others1.41%1.62%1.81%1.88%1.85%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Concall Transcript - FY2027

Jul 21, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jun 22, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

Jun 02, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 22, 2026PDFKnowledge Base Open

Concall Transcript - FY2027

May 18, 2026PDFKnowledge Base Open