Zydus Wellness Limited — PPTs, 03-02-2026: Investor Presentation

1. **Business Performance:**

Zydus Wellness delivered a strong Q3 and YTD FY26, primarily driven by Personal Care, which saw +48.9% YoY growth in Q3. Domestic sales remained dominant (74% YTD). RiteBite MaxProtein continues its stellar performance, significantly boosting profitability. Sugar Free maintained its 96.3% market share, and Everyuth reported double-digit growth, though Complan faced category decline.

2. **Growth Drivers & Strategy:**

The company strategically focuses on global health trends like low sugar, high protein, and functional personal care. Key drivers include successful RiteBite MaxProtein integration and strategic international expansion (e.g., WeightWorld, RiteBite MaxProtein). Innovation and digital initiatives remain core to their growth.

3. **Recent Developments:**

Recent highlights include new product launches like RiteBite Wafer Bar, expanded Sugar Free D’lite Cookies, and Nutralite mayonnaise variants. Internationally, new gummies and Shilajit Resin were introduced, alongside the Animigo brand refresh.

4. **Key Financial Metrics:**

Q3 FY26 Net Sales jumped 113.7% YoY to ₹963.3 Cr, with EBITDA up 312.2% to ₹61 Cr. However, Q3 reported a PBT loss of ₹34.9 Cr and PAT loss of ₹39.9 Cr, mainly from acquisition-related finance costs and amortization. YTD FY26 Net Sales grew 38.4% to ₹2463.9 Cr; YTD PAT was ₹35.2 Cr. Gross margins expanded significantly.

5. **Management Commentary / Outlook:**

Management anticipates sustained demand from rural revival and strong e-commerce. Despite seasonal brand impacts, strategic innovations are planned. The Comfort Click acquisition is expected to be cash EPS-accretive, with favorable input costs signaling margin recovery.