Zydus Wellness Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Zydus Wellness Ltd and is it undervalued?

As of 08 May 2026, Zydus Wellness Ltd's intrinsic value is 251.71, which is 50.65% lower than the current market price of 510.00, suggesting the stock is overvalued. Calculated using the PE ratio method factoring in ROE (6.02 %), book value (179), dividend yield (0.24 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Zydus Wellness Ltd?

Zydus Wellness Ltd is trading at 510.00 as of 08 May 2026, with a FY2026-2027 high of 552 and low of 327. The stock is currently near its 52-week high. Market cap stands at 16,215 Cr..

Q: Is Zydus Wellness Ltd financially healthy?

Key indicators: ROCE of 6.16 % is on the lower side. Dividend yield is 0.24 %.

Q: Is Zydus Wellness Ltd profitable and how is the profit trend?

Zydus Wellness Ltd reported a net profit of 347 Cr in Mar 2025 on revenue of 2,709 Cr. Compared to 309 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹582.43Undervalued by 14.20%vs CMP ₹510.00

P/E (67.4) × ROE (6.0%) × BV (₹179.00) × DY (0.24%)

₹251.71Overvalued by 50.65%vs CMP ₹510.00

MoS: -102.6% (Negative)Confidence: 56/100 (Moderate)Models: 1 Fair, 6 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹537.67	30%	Fair (+5.4%)
Graham Number	Earnings	₹161.92	22%	Over (-68.3%)
Net Asset Value	Assets	₹179.47	10%	Over (-64.8%)
EV/EBITDA	Enterprise	₹58.31	12%	Over (-88.6%)
Earnings Yield	Earnings	₹65.10	10%	Over (-87.2%)
ROCE Capital	Returns	₹153.62	10%	Over (-69.9%)
Revenue Multiple	Revenue	₹127.81	7%	Over (-74.9%)
Consensus (7 models)		₹251.71	100%	Overvalued

Key Drivers: Wide model spread (₹58–₹538) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -7.7%

*Investments are subject to market risks

Analyst Summary

Zydus Wellness Ltd operates in the Food Processing - Bakery/Dairy/Fruits/Others segment, NSE: ZYDUSWELL | BSE: 531335, current market price is ₹510.00, market cap is 16,215 Cr.. At a glance, stock P/E is 67.4, ROE is 6.02 %, ROCE is 6.16 %, book value is 179, dividend yield is 0.24 %. The latest intrinsic value estimate is ₹251.71, around 50.6% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹2,709 Cr versus the prior period change of 16.4%, while latest net profit is about ₹347 Cr with a prior-period change of 30.0%. The 52-week range shown on this page is 552/327, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisZydus Wellness Ltd. is a Public Limited Listed company incorporated on 01/11/1994 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L15201…

This summary is generated from the stock page data available for Zydus Wellness Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Zydus Wellness Ltd scores 53/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health58/100 · Moderate

ROCE 6.2% WeakROE 6.0% AverageD/E 0.12 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money40/100 · Moderate

FII holding stable No changeDII holding down 1.18% MF sellingPromoter holding at 69.6% Stable

Earnings Quality50/100 · Moderate

OPM stable around 14% Steady

Quarterly Momentum60/100 · Moderate

Revenue (4Q): +31% YoY AcceleratingProfit (4Q): -36% YoY Declining

Industry Rank45/100 · Moderate

P/E 67.4 vs industry 113.8 Cheaper than peersROCE 6.2% vs industry 16.0% Below peersROE 6.0% vs industry 16.9% Below peers3Y sales CAGR: 10% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 4, 2026, 11:39 pm

Market Cap	16,215 Cr.
Current Price	510
Intrinsic Value	₹251.71
High / Low	552/327
Stock P/E	67.4
Book Value	179
Dividend Yield	0.24 %
ROCE	6.16 %
ROE	6.02 %
Face Value	2.00
PEG Ratio	-8.77

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Zydus Wellness Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Zydus Wellness Ltd	16,215 Cr.	510	552/327	67.4	179	0.24 %	6.16 %	6.02 %	2.00
Bikaji Foods International Ltd	17,168 Cr.	685	821/592	65.8	61.4	0.15 %	20.1 %	16.0 %	1.00
Mrs Bectors Food Specialities Ltd	6,082 Cr.	198	321/174	43.5	39.6	0.61 %	18.1 %	15.6 %	2.00
Hindustan Foods Ltd	6,023 Cr.	504	585/442	44.1	87.1	0.00 %	14.3 %	14.0 %	2.00
ADF Foods Ltd	2,844 Cr.	259	301/153	33.4	48.2	0.46 %	16.9 %	14.0 %	2.00
Industry Average	22,994.29 Cr	628.03		113.75	89.85	0.27%	16.01%	16.87%	5.63

All Competitor Stocks of Zydus Wellness Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	416	713	702	440	403	783	841	493	462	913	861	650	965
Expenses	388	568	586	423	390	620	686	473	447	723	705	628	904
Operating Profit	28	145	116	17	13	162	155	20	15	190	156	23	61
OPM %	7%	20%	17%	4%	3%	21%	18%	4%	3%	21%	18%	4%	6%
Other Income	1	-6	-12	4	3	4	5	10	4	1	3	-33	-6
Interest	4	5	5	6	6	6	4	1	3	4	2	16	41
Depreciation	6	7	6	6	6	6	5	5	5	13	11	25	56
Profit before tax	19	126	93	9	4	154	152	24	10	173	145	-51	-42
Tax %	-1%	-15%	-18%	31%	92%	3%	3%	12%	37%	1%	12%	4%	-4%
Net Profit	20	145	110	6	0	150	148	21	6	172	128	-53	-40
EPS in Rs	0.62	4.57	3.47	0.19	0.01	4.72	4.64	0.66	0.20	5.40	4.02	-1.66	-1.25

Last Updated: February 6, 2026, 10:47 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 18, 2026, 1:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	404	431	397	431	513	843	1,767	1,867	2,009	2,255	2,328	2,709	3,389
Expenses	319	331	305	331	387	658	1,446	1,522	1,664	1,918	2,020	2,329	2,960
Operating Profit	85	100	91	99	125	185	321	344	345	337	308	380	430
OPM %	21%	23%	23%	23%	24%	22%	18%	18%	17%	15%	13%	14%	13%
Other Income	19	28	32	32	35	28	-33	-123	10	-5	-0	19	-35
Interest	0	0	0	1	2	30	140	84	26	16	24	12	64
Depreciation	0	8	7	7	9	13	26	25	24	25	24	28	105
Profit before tax	104	120	117	124	150	171	121	112	306	291	260	359	227
Tax %	5%	7%	10%	10%	9%	-0%	-17%	-6%	-1%	-7%	-3%	3%
Net Profit	98	111	105	111	137	171	142	119	309	310	267	347	207
EPS in Rs	4.94	5.58	5.28	5.58	6.85	5.87	4.92	3.73	9.71	9.75	8.39	10.90	6.51
Dividend Payout %	24%	22%	25%	23%	23%	17%	20%	27%	10%	10%	12%	11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	13.27%	-5.41%	5.71%	23.42%	24.82%	-16.96%	-16.20%	159.66%	0.32%	-13.87%	29.96%
Change in YoY Net Profit Growth (%)	0.00%	-18.67%	11.12%	17.71%	1.39%	-41.78%	0.76%	175.86%	-159.34%	-14.19%	43.83%

Zydus Wellness Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	20%
5 Years:	9%
3 Years:	10%
TTM:	11%

Compounded Profit Growth
10 Years:	12%
5 Years:	13%
3 Years:	2%
TTM:	6%

Stock Price CAGR
10 Years:	12%
5 Years:	9%
3 Years:	14%
1 Year:	7%

Return on Equity
10 Years:	7%
5 Years:	6%
3 Years:	6%
Last Year:	6%

Last Updated: September 4, 2025, 9:45 pm

Balance Sheet

Last Updated: December 4, 2025, 12:52 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	39	39	39	39	39	58	58	64	64	64	64	64	64
Reserves	286	367	439	518	652	3,329	3,403	4,504	4,780	5,059	5,294	5,608	5,642
Borrowings	0	0	0	25	25	1,569	1,519	550	387	297	329	188	3,042
Other Liabilities	99	102	89	100	112	503	610	548	461	413	462	582	1,134
Total Liabilities	425	508	568	682	829	5,459	5,590	5,666	5,692	5,833	6,148	6,442	9,882
Fixed Assets	95	84	82	103	104	4,567	4,674	4,667	4,710	4,732	4,708	5,125	8,446
CWIP	0	0	0	0	0	10	4	4	12	13	10	15	13
Investments	5	0	94	30	148	46	110	0	27	70	78	36	28
Other Assets	324	423	391	550	577	835	802	995	943	1,018	1,354	1,266	1,394
Total Assets	425	508	568	682	829	5,459	5,590	5,666	5,692	5,833	6,148	6,442	9,882

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	91	69	90	77	69	149	259	287	237	92	246	380
Cash from Investing Activity +	13	29	-28	-72	-59	-4,092	-17	-10	-59	-85	-178	-207
Cash from Financing Activity +	-27	-27	-58	-6	-2	4,052	-260	-216	-234	-138	-26	-186
Net Cash Flow	77	71	4	-1	8	109	-18	60	-56	-132	43	-13
Free Cash Flow	86	72	86	46	61	132	235	269	162	47	220	315
CFO/OP	116%	80%	114%	86%	64%	115%	81%	83%	70%	28%	81%	99%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	85.00	100.00	91.00	74.00	100.00	184.00	320.00	-206.00	-42.00	40.00	-21.00	192.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	2	1	3	3	6	42	24	18	26	34	44	49
Inventory Days	108	76	73	127	113	393	168	158	135	146	150	148
Days Payable	191	146	191	264	254	662	289	189	136	100	116	122
Cash Conversion Cycle	-82	-69	-116	-134	-135	-227	-97	-13	25	80	78	75
Working Capital Days	-48	-37	-38	-57	-26	-26	-7	-35	-27	17	20	34
ROCE %	35%	32%	26%	23%	22%	7%	6%	6%	6%	6%	5%	6%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	66.45%	67.11%	68.54%	69.15%	69.62%	69.62%	69.62%	69.62%	69.64%	69.64%	69.64%	69.64%
FIIs	3.87%	3.23%	3.42%	3.25%	3.26%	3.29%	3.36%	3.37%	3.29%	3.25%	3.43%	3.27%
DIIs	22.18%	22.04%	20.22%	19.67%	19.41%	19.44%	20.37%	20.12%	19.76%	19.27%	18.76%	18.58%
Public	7.51%	7.62%	7.81%	7.91%	7.71%	7.65%	6.67%	6.89%	7.30%	7.83%	8.18%	8.51%
No. of Shareholders	70,790	73,029	76,590	75,369	69,138	63,973	60,981	64,037	64,979	66,514	77,188	80,105

Shareholding Pattern Chart

No. of Shareholders

Zydus Wellness Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Parag Parikh Flexi Cap Fund	22,000,000	0.74	986.26	N/A	N/A	N/A
Nippon India Small Cap Fund	17,048,030	1.16	764.26	16,848,030	2026-01-25 02:17:24	1.19%
Quant Small Cap Fund	9,033,845	1.48	404.99	N/A	N/A	N/A
Quant Multi Cap Fund	1,676,074	1.01	75.14	1,250,000	2026-01-25 06:16:39	34.09%
Nippon India Consumption Fund	1,358,672	2.42	60.91	1,403,000	2025-12-15 00:28:01	-3.16%
Quant Manufacturing Fund	1,180,010	8.31	52.9	N/A	N/A	N/A
Parag Parikh ELSS Tax Saver Fund	1,135,555	0.88	50.91	N/A	N/A	N/A
Quant Healthcare Fund	641,730	8.45	28.77	N/A	N/A	N/A
Baroda BNP Paribas Small Cap Fund	408,400	1.57	18.31	N/A	N/A	N/A
Quant Consumption Fund	368,669	8.4	16.53	460,723	2026-02-23 05:55:52	-19.98%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	37.00	41.94	48.78	48.54	19.55
Diluted EPS (Rs.)	37.00	41.94	48.78	48.54	19.55
Cash EPS (Rs.)	59.01	45.71	52.71	52.25	22.61
Book Value[Excl.RevalReserv]/Share (Rs.)	891.76	842.37	805.07	761.28	717.87
Book Value[Incl.RevalReserv]/Share (Rs.)	891.76	842.37	805.07	761.28	717.87
Revenue From Operations / Share (Rs.)	425.93	366.01	354.36	315.75	293.36
PBDIT / Share (Rs.)	61.84	50.64	53.75	55.81	55.52
PBIT / Share (Rs.)	57.37	46.90	49.82	52.10	51.57
PBT / Share (Rs.)	56.41	40.90	45.71	48.09	17.63
Net Profit / Share (Rs.)	54.54	41.97	48.78	48.54	18.66
NP After MI And SOA / Share (Rs.)	54.54	41.97	48.78	48.54	18.66
PBDIT Margin (%)	14.51	13.83	15.16	17.67	18.92
PBIT Margin (%)	13.47	12.81	14.05	16.50	17.57
PBT Margin (%)	13.24	11.17	12.89	15.23	6.01
Net Profit Margin (%)	12.80	11.46	13.76	15.37	6.36
NP After MI And SOA Margin (%)	12.80	11.46	13.76	15.37	6.36
Return on Networth / Equity (%)	6.11	4.98	6.05	6.37	2.59
Return on Capital Employeed (%)	6.40	5.54	6.16	6.73	6.70
Return On Assets (%)	5.38	4.34	5.32	5.42	2.09
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.01	0.06
Total Debt / Equity (X)	0.03	0.06	0.05	0.07	0.12
Asset Turnover Ratio (%)	0.43	0.38	0.05	0.04	0.02
Current Ratio (X)	1.48	1.62	1.31	1.06	1.10
Quick Ratio (X)	0.78	1.02	0.65	0.58	0.62
Inventory Turnover Ratio (X)	5.50	2.24	0.89	0.78	0.54
Dividend Payout Ratio (NP) (%)	9.16	11.91	10.25	10.30	0.00
Dividend Payout Ratio (CP) (%)	8.47	10.93	9.48	9.57	0.00
Earning Retention Ratio (%)	90.84	88.09	89.75	89.70	0.00
Cash Earning Retention Ratio (%)	91.53	89.07	90.52	90.43	0.00
Interest Coverage Ratio (X)	32.77	13.42	21.27	13.92	4.22
Interest Coverage Ratio (Post Tax) (X)	29.42	12.71	20.93	13.11	3.99
Enterprise Value (Cr.)	10742.16	9439.42	10116.33	9760.97	12849.96
EV / Net Operating Revenue (X)	3.97	4.05	4.49	4.86	6.88
EV / EBITDA (X)	27.31	29.31	29.58	27.48	36.37
MarketCap / Net Operating Revenue (X)	3.92	4.02	4.37	4.75	6.72
Retention Ratios (%)	90.83	88.08	89.74	89.69	0.00
Price / BV (X)	1.87	1.75	1.93	1.97	2.75
Price / Net Operating Revenue (X)	3.92	4.02	4.37	4.75	6.72
EarningsYield	0.03	0.02	0.03	0.03	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Zydus Wellness Ltd. is a Public Limited Listed company incorporated on 01/11/1994 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L15201GJ1994PLC023490 and registration number is 023490. Currently Company is involved in the business activities of Manufacture of other dairy products. Company's Total Operating Revenue is Rs. 292.60 Cr. and Equity Capital is Rs. 63.60 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Food Processing - Bakery/Dairy/Fruits/Others	Zydus Corporate Park, Ahmedabad Gujarat 382481	Contact not found

Management
Name	Position Held
Dr. Sharvil P Patel	Chairman
Mr. Tarun G Arora	WholeTime Director & CEO
Mr. Ganesh N Nayak	Non Executive Director
Mr. Kulin S Lalbhai	Independent Director
Mr. Akhil A Monappa	Independent Director
Mr. Srivishnu Raju Nandyala	Independent Director
Ms. Dharmishtaben N Raval	Independent Woman Director

FAQ

What is the intrinsic value of Zydus Wellness Ltd and is it undervalued?

As of 08 May 2026, Zydus Wellness Ltd's intrinsic value is ₹251.71, which is 50.65% lower than the current market price of ₹510.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (6.02 %), book value (₹179), dividend yield (0.24 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Zydus Wellness Ltd?

Zydus Wellness Ltd is trading at ₹510.00 as of 08 May 2026, with a FY2026-2027 high of ₹552 and low of ₹327. The stock is currently near its 52-week high. Market cap stands at ₹16,215 Cr..

How does Zydus Wellness Ltd's P/E ratio compare to its industry?

Zydus Wellness Ltd has a P/E ratio of 67.4, which is below the industry average of 113.75. This is broadly in line with or below the industry average.

Is Zydus Wellness Ltd financially healthy?

Key indicators for Zydus Wellness Ltd: ROCE of 6.16 % is on the lower side compared to the industry average of 16.01%; ROE of 6.02 % is below ideal levels (industry average: 16.87%). Dividend yield is 0.24 %.

Is Zydus Wellness Ltd profitable and how is the profit trend?

Zydus Wellness Ltd reported a net profit of ₹347 Cr in Mar 2025 on revenue of ₹2,709 Cr. Compared to ₹309 Cr in Mar 2022, the net profit shows an improving trend.

Does Zydus Wellness Ltd pay dividends?

Zydus Wellness Ltd has a dividend yield of 0.24 % at the current price of ₹510.00. The company pays dividends, though the yield is modest.