ZYDUSWELL

Growth strategy

1. Recent stock movement The stock has recently shown strong momentum with a sharp intraday rise and multiple sessions of gains. It has been trading roughly in the ₹390–₹420 range recently, reflecting renewed investor interest in FMCG and wellness companies. 2. Q3 FY26 financial performance Zydus Wellness reported strong year-on-year revenue growth in Q3 FY26 with revenue around ₹960+ crore. EBITDA improved due to better operating performance and stronger sales across core brands. Margins have been gradually improving as input cost pressures stabilize. 3. Strong brand portfolio The company’s key brands include Sugar Free, Complan, Glucon-D, Everyuth and Nycil, which continue to maintain strong positions in their respective categories. Demand for health and nutrition products has been supporting steady growth. 4. Expansion through acquisitions Zydus Wellness acquired Naturell India, adding the RiteBite Max Protein healthy snack brand to its portfolio. The company also acquired Comfort Click in the UK, marking its first overseas acquisition and strengthening its presence in the vitamins and supplements market. 5. Growth strategy The company is focusing on expanding its retail reach across India and increasing presence in smaller cities. Management is pushing new product launches in nutrition, healthy snacking and wellness categories. 6. Analyst outlook