Zydus Wellness Limited · NSE:ZYDUSWELL
Zydus Wellness — Q3 FY2025-26 Earnings Presentation
39 slides from Zydus Wellness's earnings presentation, Feb 3, 2026
Slide 1: Exchange cover letter for investor presentation
February 3, 2026 Listing Department Code: 531 335 BSE LIMITED P. J. Towers, Dalal Street, Mumbai–400 001 Listing Department Code: ZYDUSWELL NATIONAL STOCK EXCHANGE OF INDIA LIMITED Exchange Plaza, C/1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai–400 051 Re: Investor Presentation Dear Sir / Mad
Slide 2: Q3, FY 2025-26 Earnings Presentation
Q3, FY 2025-26 Earnings Presentation February 3, 2026
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation contains certain forward-looking statements including those describing Zydus Wellness’s strategies, strategic direction, objectives, future prospects, estimates etc. Investors are cautioned that “forward looking statements” are based on certain expectations,
Slide 4: Company Overview & Consumption Trend
1 2 Company Business Overview & Highlights Consumption Trend 3 4 Financial Board of Performance Directors
Slide 5: Company Overview & Consumption Trend
Company Overview & Consumption Trend
Slide 6: Zydus Wellness Product Portfolio
Zydus Wellness Product Portfolio Glucon D Rite Bite Max Protien Nutralite Complan
Slide 7: Zydus Wellness Product Portfolio
Zydus Wellness Product Portfolio Sugarfree & I’m Lite WeightWorld maxmedix animigo
Slide 8: Zydus Wellness Product Portfolio
Zydus Wellness Product Portfolio Nycil Cuticolor Everyuth
Slide 9: A Future-Ready Company Aligned with Global Health & Wellness Trends
A Future-Ready Company Aligned with Global Health & Wellness Trends GLOBAL TRENDS PROPOSITIONS Leader in sugar substitutes, expanding into Low Sugar/No Sugar healthier cookies and chocolates Full-spectrum protein portfolio covering High Protein bars, snacks & cookies for every occasion Scaling RTD e
Slide 10: Consumption Trend Overview
Consumption Trend Overview Demand Divergent Q-commerce & E- Trend Commodity Trend commerce Demand remains steady, Key commodities Quick Commerce and E supported by a strong revival continue to show Commerce maintain strong in rural demand that divergent pricing trends growth momentum continues to ou
Slide 11: Business Highlights
zyd wellnes nouris' h -nurture+ energize Business Highlights
Slide 12: A. Domestic Business
zyd wellnes nouris. h «nurture -energize A. Domestic Business
Slide 13: Driving Brand Dominance and Market Relevance
Driving Brand Dominance and Market Relevance Glucose Nutrition Sugar Prickly heat *Facial Category Scrub Peel-off Powder Drink substitute powder cleansing Category Size (in cr.) 1 ~ 1,050 5 ~ 6,700 ~ 350 ~ 850 ~ 4,600 ~ 390 ~ 165 Mkt. Rank 1 4 1 1 5 1 1 Mkt. Share % 59.0 4.1 96.3 33.1 7.9 48.5 76.0
Slide 14: Paving the Way for Future Business with Rite Bite Max Protien
Paving the Way for Future Business with Rite Bite Max Protien Digital Engagements • One year post acquisition, Ritebite Maxprotien business continues to significantly outperform internal projections with strong volume and value growth. • Max Protein maintains high momentum and leadership in protein
Slide 15: Shaping the Future of Everyday Wellness
Shaping the Future of Everyday Wellness Offtake continues to get stronger Sugar Free has retained its No. 1 position with a market share of 96.3%*, registering a year-on-year gain of 80* bps Sugar Free Green has maintained a double-digit growth trajectory for the past 19 consecutive quarters I’m
Slide 16: Shaping the Future of Everyday Wellness
Shaping the Future of Everyday Wellness Sugar Free D’lite Cookies have now been extended in multiple markets Sugar Free D’lite Chocolates continue to witness robust growth, driven primarily by e-commerce
Slide 17: Driving Category Growth by Adding New Consumers
Driving Category Growth by Adding New Consumers Strengthening Position in Targeted Categories Digital campaigns Achieved double-digit growth in YTD FY26, supported mainly by product excellence, innovation, strong distribution, and customer- centric experiences TAN Removal continues to grow and in
Slide 18: Strategic Levers Intact to Drive Category and Consumer Growth
Strategic Levers Intact to Drive Category and Consumer Growth Seasonal Build Momentum Ahead Well-Placed for Seasonal Uptick Unfavorable weather conditions through YTD FY26 tempered category demand, exerting pressure on performance Brand saliency was limited this quarter, largely due to seasonal
Slide 19: Building Lifelong Consumer Relationships
Building Lifelong Consumer Relationships Growth via Portfolio & Partnerships Celebrity led Recipe Video Series Social Media Engagement Continued to broaden the portfolio year after year through focused innovation, backed by strong execution from dedicated B2B and B2C teams Delivered double-digit g
Slide 20: Latest Additions to Our Portfolio
Latest Additions to Our Portfolio Cheesy Delight mayonnaise variant to expand the Mayonnaise Slim variant to target healthy food category with a rich, cheese-forward profile that service consumption while expanding the meets evolving consumer tastes and drives mayonnaise portfolio incremental demand
Slide 21: Reinforcing Brand Strength in a Tough Market
Reinforcing Brand Strength in a Tough Market Complan retained its fourth position, holding a 4.1%* market share during the quarter Category de-grew by 4.2%* vs last year, posing growth challenges Continued high-visibility TV campaigns featuring brand ambassadors Madhuri Dixit and Sneha Prasanna s
Slide 22: Marketing and Distribution Initiated in the Organised Channel
Marketing and Distribution Initiated in the Organised Channel No.1 Doctor prescribed hair color is free from ammonia, PPD, and harmful chemicals, providing a safe and gentle color experience for healthy hair
Slide 23: B. International Business
zyd wellnes nouris. h «nurture -energize B. International Business
Slide 24: Enhancing Global Market Access Through Acquired Brands
Enhancing Global Market Access Through Acquired Brands Channel wise Sales Overview Amazon Ratings in Top Markets UK Market Place Germany D2C France Wholesale Spain > 4.6 / 5.0 Italy Recent Expansions WeightWorld advanced its European expansion by entering Poland, Finland and Portugal, strengthening
Slide 25: Latest Additions to Our Portfolio
Latest Additions to Our Portfolio Launched four adult gummies variants, one probiotic gummies variant for kids, and Pure Himalayan Shilajit Resin. Melatonin 1mg 120 Biotin Gummies Myo & D-Chiro Inositol 5-HTP Probiotics Gummies Pure Himalayan Gummies for Hair Skin and Nails Gummies Gummies for Kids
Slide 26: Leveraging Global Wellness Opportunities
Leveraging Global Wellness Opportunities Animigo Rebrand D2C Campaigns The refreshed look modernizes the brand and strengthens positioning within the pet wellness category. Marketplace Campaigns
Slide 27: Building a Stronger International Portfolio
Building a Stronger International Portfolio RiteBite – Max Protein strengthened its global presence by expanding into two more countries, taking its reach to nine international markets in year one, underpinned by strong initial market response. Sugar Free, Complan, RiteBite - Max Protein and Nyc
Slide 28: Global Footprint Established Across Key Markets
Global Footprint Established Across Key Markets India Bahrain Bangladesh Bhutan Hong Kong Kuwait Lebanon Maldives Malaysia United Arab Emirates Myanmar Nepal Oman Qatar Saudi Arabia Sri Lanka Taiwan Nigeria Kenya Mauritius Ethiopia South Africa Tanzania Uganda Zimbabwe New Zealand Australia United K
Slide 29: Awards & Recognitions
zyd wellnes nouris| h «nurture - energize Awards & Recognitions
Slide 30: Awards and Recognitions
Awards and Recognitions BW applause awards: Glucon-D wins Silver for Best Nutralite Activ PB Consumer Activation (‘Energy Spread ka Gola’) Best Vegan Butter by Peta India Silver for Best Roadshow Event (Glucon-D Energy Station) Certified as a “Great Place to Work” for four consecutive years
Slide 31: Awards and Recognitions
Awards and Recognitions INDIA LEGAL AWARDS 2025 – “Legal Team of the Year FMCG” by the society of Indian Law Firms Top 20 Fastest Consumer ICMA awards: Products firms in the UK. Gold for GD for ‘Energy ka Gola’ campaign in Best The UK Fast Growth Integrated PR Led Content Campaign category Index is
Slide 32: Financial Performance
zyd wellnes nouris. h -nurture+ energize Financial Performance
Slide 33: Revenue Performance Snapshot
Revenue Performance Snapshot Volume for the Q3 FY26 (excluding the newly acquired Comfort Click business) delivered double-digit growth Food & Nutrition Personal Care Sales for YTD FY26 (excluding the newly acquired Comfort Click business and seasonal brands) registered strong double-digit growt
Slide 34: Gross Margin Performance Snapshot
Gross Margin Performance Snapshot Most brands recorded gross margin expansion, underscoring the strength of the portfolio, with the uplift further supported by the newly acquired brands. Gross Margin % to Net Sales Y-o-Y Gap + 314 + 261 +2 + 42 - 73 + 483 + 1561 + 231 + 616 bps 63.3% 55.5% 57.5% 54.
Slide 35: Key input rate trends towards recovery of Margins
Key input rate trends towards recovery of Margins Milk 37.6% vs Q3 FY 24 Edible oils Dextrose Monohydrate 12.8% vs Q3 FY24 -5.8% vs Q3 FY25 13.9% vs Q3 FY25 4.1% vs Q2 FY25 3.2% vs Q3 FY24 7.3% vs Q2 FY25 -0.7% vs Q3 FY25 -5.4% vs Q2 FY25 Q3 FY 2024 Q3 FY 2025 Q2 FY 2026 Q3 FY 2026 Q3 FY 2024 Q3 FY
Slide 36: Financial Highlights for the Q3 & YTD FY26
Financial Highlights for the Q3 & YTD FY26 INR Million Q3 FY26 Q3 FY25 Y-o-Y Growth % YTD FY26 * YTD FY25 *** Y-o-Y Growth % Net Sales 9,633 4,508 113.7% 24,639 17,806 38.4% Revenue from operation 9,649 4,619 108.9% 24,763 17,958 37.9% Gross Contribution 6,118 2,263 170.3% 14,291 9,294 53.8% (% of n
Slide 37: Board Of Directors
zyd wellnes nouris| h «nurture - energize Board Of Directors
Slide 38: Board of Directors
Board of Directors Mr. Akhil Monappa Dr. Sharvil P. Patel Independent Director Non - Executive Chairman Mr. Akhil Monappa, Independent Director since May 2023, holds degrees from Dr. Sharvil Patel, Chairman and Non-Executive Director of our Harvard and Georgia Tech. Currently a Director at YAZZ Limi
Slide 39: Zydus Wellness Limited
Zydus Wellness Limited Regd. Office: Zydus Corporate Park, Scheme No. 63, Survey No. 536, Khoraj (Gandhinagar), Nr. Vaishnodevi Circle, S. G. Highway, Ahmedabad – 382481, India. CIN: L15201GJ1994PLC023490 +91-79-71800000 www.zyduswellness.com