Zydus Wellness Ltd share Price Today

Zydus Wellness (ZWL) is one of the FMCG companies present in healthcare, nutrition & related products. The company has six brands i.e. Sugarfree, Complan, Glucon-D, Nycil, Everyuth & Nutrilite

• It commands dominant market share in Sugar substitute (95.8%), Prickly heat powder (35.1%) & Glucose powder (59.9%) categories
• The company has more than 850 distributors with direct reach of 0.6 million retail outlets. Its high gross margins at ~55% give it a leeway to spend 12-13% of sales on advertisement to support new products

Zydus saw sales growth of 11.4% led by 7.8% pricing growth

• Volume growth was 3.5% in Q4; FY23 volume growth was 4.8%
• EBITDA was at ₹ 144.6 crore, up 2.2% YoY, with margins at 20.3%
• Consequent adjusted PAT was at ₹ 145.3 cror

Packaged Foods company Zydus Wellness announced Q3FY24 results:

Financial Highlights:
- Zydus Wellness reported consolidated Net sales of Rs 400 crore for Q3FY24.
- The company posted a Profit after Tax of Rs 0.3 crore, which includes a deferred Tax liability of Rs 3.4 crore.

Brand Performance:
- The Sugar Free brand maintained its dominant market share of 96% in the sugar substitute category.
- Glucon-D continued to lead with a 60% market share in the Glucose powder category.
- Complan saw a 16% increase in penetration at MAT level, while the Health Foods Drink Category grew by 5.8% at MAT level. Complan's market share is at 4.3%.

Personal Care Segment:
- In the personal care segment, Nycil remains the market leader with a 35.1% share in the prickly heat powder category.
- Everyuth Scrub holds the top position with a 44.4% market share in the facial scrub category, marking an increase of 263 basis points from the previous year.
- Everyuth Peel off also maintains its leading position with a 79.5% market share in the Peel off category, up by 113 basis points from last year. 

Result PDF