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 Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

• Net sales of Rs 778 crore, a 9.6% increase.
• EBIDTA grew by 12.2% YoY to Rs 162 crore.
• Profit after Tax was Rs 150 crore.
• Adjusted PAT grew by 24.7% YoY.
• Key brands, including Glucon-D, Everyuth, and Nycil, performed well.
• Everyuth and Nycil drove 23% YoY growth in the personal care portfolio.
• Glucon-D maintained its market-leading position with 59.5% market share.
• The company launched I’mlite, a sugar-stevia blend with 50% fewer calories.

FY24 Financial Highlights:

• Total income increased by 3.2% YoY to Rs 2,328 crore.
• Reported net profit for FY24 was Rs 267 crore.
• Nutrition Drink Category grew by 6.4% at MAT level.
• Nycil maintained its top position with a 35% market share.
• Everyuth Scrub and Peel off retained leadership positions with increased market shares.
• Everyuth ranked 5th in the facial cleansing segment with a 6.5% market share.

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