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Zydus Wellness Limited (ZYDUSWELL) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹190B

ZW Zydus Wellness Limited ZYDUSWELL · NSE
Price₹598.30
Fair Value₹105.37
Upside-82.4%
Quality53/100
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Evidence: High Range ₹79.03 – ₹140.33

Fair value as of: Jul 3, 2026

From 25 valuation models · updated today

Share price +19.0% over the past month.

Price vs Fair Value (12 months)

₹598.30 ₹373.50 Fair Value ₹105.37 Jul 2025 Jul 2026

12‑month range ₹373.50 – ₹598.30 · fair‑value band ₹79.03 – ₹140.33 · the ₹598.30 price screens above the ₹105.37 fair value. As of Jul 3, 2026.

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Analysis

Zydus Wellness Limited (ZYDUSWELL) currently trades at ₹598.30, while our model-based Fair Value estimate is ₹105.37 — implying the stock looks roughly 82.4% overvalued today. We read business quality at 53/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Zydus Wellness Limited generated revenue of ₹39.6B at a net margin of 5.0%. Revenue grew 62.6% year over year. It earns a return on equity of 3.4%. Net debt stands at ₹30.9B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹39.6B
Revenue growth (YoY) +62.6%
Net margin 5.0%
Return on equity 3.4%
Free cash flow ₹393M FY2026
P/E ratio 96.8
More key figures
Operating margin 14.1%
EPS (TTM) ₹6.18
Dividend yield 0.2%
EPS growth (YoY) -5.8%
Net debt ₹30.9B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Zydus Wellness Limited engages in the development, production, marketing, and distribution of health and wellness products in India, the Middle East, Asia, Africa, the Oceania, and internationally. It provides sugar substitute products under the Sugar Free Gold, Sugar Free Natura, and Sugar Free Green brands; milk-based health food drink under the Complan brand; glucose-based beverage under the Glucon-D brand; and I'm lite a blended sugar coated with stevia. The company also offers a range of skincare products, such as soap-free face washes, face masks, scrubs, and leave-on-products under the Everyuth brand; prickly heat and cooling powder, and hand sanitizer under the Nycil brand; and probiotic butter spread, table spread, ghee, butter, cholesterol fat-free spread, mayonnaise, and chocolate spread under the Nutralite brand. It also exports its products. The company was formerly known as Carnation Nutra Analogue Foods Limited and changed its name to Zydus Wellness Limited in …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zydus Wellness Limited reported revenue of ₹39.6B in FY2026 versus ₹20.1B in FY2022, a compound +18.5%/yr. Reported net income was ₹2.0B in FY2026, compounding −10.6%/yr from FY2022.

Revenue +18.5%/yr
FY22 ₹20.1B
FY23 ₹22.5B
FY24 ₹23.3B
FY25 ₹27.1B
FY26 ₹39.6B
Net income −10.6%/yr
FY22 ₹3.1B
FY23 ₹3.1B
FY24 ₹2.7B
FY25 ₹3.5B
FY26 ₹2.0B

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6 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Frequently asked questions

Is Zydus Wellness Limited (ZYDUSWELL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹105.37 versus a price of ₹598.30 — about −82% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ZYDUSWELL?
Our model-based fair value for Zydus Wellness Limited is ₹105.37 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹598.30.
What is the quality score of ZYDUSWELL?
Zydus Wellness Limited has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zydus Wellness Limited (ZYDUSWELL)?
Zydus Wellness Limited reported trailing-twelve-month revenue of about ₹39.6B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of ZYDUSWELL?
The net profit margin of Zydus Wellness Limited is about 5.0%, meaning it keeps roughly 5.0% of revenue as net income. Based on the latest reported figures.
Does Zydus Wellness Limited pay a dividend?
Zydus Wellness Limited currently shows a dividend yield of about 0.20% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.