Zydus Wellness Ltd

Zydus Wellness Ltd

₹ 1,591 0.00%
23 Feb - close price
About

Zydus Wellness operates as an integrated consumer Company with business encompassing the entire value chain in the development, production, marketing and distribution of health and wellness products. The product portfolio of the Company includes brands like Sugar free, Everyuth and Nutralite.(Source : 202003 Annual Report Page No: 83)

Key Points

Product Portfolio
The Company’s product portfolio includes brands like Glucon-D, Complan, Sugar-Free, Nycil, Everyuth, and Nutralite offering products such as Glucose Powder, Face wash, Scrub, Peel-Off, Face masks, Sugar Substitute, Blended Sugar, etc [1]

  • Market Cap 10,121 Cr.
  • Current Price 1,591
  • High / Low 1,721 / 1,390
  • Stock P/E 35.7
  • Book Value 818
  • Dividend Yield 0.31 %
  • ROCE 5.93 %
  • ROE 6.40 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 19.4% CAGR over last 5 years

Cons

  • Tax rate seems low
  • Company has a low return on equity of 6.41% over last 3 years.
  • Working capital days have increased from 35.9 days to 65.0 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
381.58 605.73 597.58 383.65 388.09 639.78 696.40 429.10 416.40 713.00 702.10 439.90 403.20
332.05 460.37 457.16 353.11 355.80 498.28 548.30 412.90 388.10 568.40 585.60 423.10 390.50
Operating Profit 49.53 145.36 140.42 30.54 32.29 141.50 148.10 16.20 28.30 144.60 116.50 16.80 12.70
OPM % 12.98% 24.00% 23.50% 7.96% 8.32% 22.12% 21.27% 3.78% 6.80% 20.28% 16.59% 3.82% 3.15%
-31.66 1.79 2.39 3.36 2.69 1.96 -0.90 1.40 0.80 -6.50 -11.80 4.10 3.40
Interest 9.87 8.50 6.42 6.69 6.42 5.98 4.10 3.00 3.80 5.20 5.10 6.50 6.30
Depreciation 6.26 5.99 5.59 6.11 5.84 6.08 6.10 6.40 5.90 6.60 6.20 5.80 6.10
Profit before tax 1.74 132.66 130.80 21.10 22.72 131.40 137.00 8.20 19.40 126.30 93.40 8.60 3.70
Tax % 0.00% -0.35% 0.00% -1.75% -2.55% -1.45% 0.00% -3.66% -1.03% -15.04% -18.20% 31.40% 91.89%
1.74 133.13 130.80 21.47 23.30 133.30 137.00 8.50 19.60 145.30 110.40 5.90 0.30
EPS in Rs 0.27 20.92 20.56 3.37 3.66 20.95 21.53 1.34 3.08 22.83 17.35 0.93 0.05
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
337 388 404 431 397 431 513 843 1,767 1,867 2,009 2,255 2,258
259 291 319 331 305 331 387 658 1,446 1,522 1,664 1,918 1,968
Operating Profit 77 97 85 100 91 99 125 185 321 344 345 337 291
OPM % 23% 25% 21% 23% 23% 23% 24% 22% 18% 18% 17% 15% 13%
9 16 19 28 32 32 35 28 -33 -123 10 -5 -11
Interest 0 0 0 0 0 1 2 30 140 84 26 16 23
Depreciation 4 4 0 8 7 7 9 13 26 25 24 25 25
Profit before tax 82 108 104 120 117 124 150 171 121 112 306 291 232
Tax % 17% 8% 5% 7% 10% 10% 9% -0% -17% -6% -1% -7%
69 99 98 111 105 111 137 171 142 119 309 310 262
EPS in Rs 17.32 24.85 24.69 27.88 26.43 27.89 34.27 29.33 24.58 18.66 48.54 48.78 41.16
Dividend Payout % 29% 24% 24% 22% 25% 23% 23% 17% 20% 27% 10% 10%
Compounded Sales Growth
10 Years: 19%
5 Years: 34%
3 Years: 8%
TTM: 4%
Compounded Profit Growth
10 Years: 13%
5 Years: 19%
3 Years: 21%
TTM: -6%
Stock Price CAGR
10 Years: 13%
5 Years: 5%
3 Years: -6%
1 Year: 13%
Return on Equity
10 Years: 8%
5 Years: 6%
3 Years: 6%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 39 39 39 39 39 39 39 58 58 64 64 64 64
Reserves 148 217 286 367 439 518 652 3,329 3,403 4,504 4,780 5,059 5,143
0 0 0 0 0 25 25 1,569 1,519 550 387 297 352
80 93 99 102 89 100 112 503 610 548 461 413 272
Total Liabilities 267 349 425 508 568 682 829 5,459 5,590 5,666 5,692 5,833 5,831
96 94 95 84 82 103 104 4,567 4,674 4,667 4,710 4,732 4,734
CWIP 0 0 0 0 0 0 0 10 4 4 12 13 15
Investments 0 0 5 0 94 30 148 46 110 0 27 70 64
171 255 324 423 391 550 577 835 802 995 943 1,018 1,018
Total Assets 267 349 425 508 568 682 829 5,459 5,590 5,666 5,692 5,833 5,831

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
62 69 91 69 90 77 69 149 259 287 237 92
-2 13 13 29 -28 -72 -59 -4,092 -17 -10 -59 -85
-18 -23 -27 -27 -58 -6 -2 4,052 -260 -216 -234 -138
Net Cash Flow 42 59 77 71 4 -1 8 109 -18 60 -56 -132

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 1 1 2 1 3 3 6 42 24 18 26 34
Inventory Days 104 120 108 76 73 127 113 393 168 158 135 146
Days Payable 159 136 191 146 191 264 254 662 289 189 136 100
Cash Conversion Cycle -54 -14 -82 -69 -116 -134 -135 -227 -97 -13 25 80
Working Capital Days -42 -32 -48 -37 -38 -36 -8 4 -3 12 31 65
ROCE % 50% 48% 35% 32% 26% 23% 22% 7% 6% 6% 6% 6%

Shareholding Pattern

Numbers in percentages

6 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
64.82% 64.82% 64.82% 64.82% 64.82% 65.14% 65.36% 65.36% 66.45% 67.11% 68.54% 69.15%
2.76% 2.96% 2.94% 3.39% 2.56% 2.38% 3.24% 3.83% 3.87% 3.23% 3.42% 3.25%
24.96% 24.76% 25.49% 24.80% 25.11% 25.11% 23.78% 23.35% 22.18% 22.04% 20.22% 19.67%
7.46% 7.46% 6.75% 6.99% 7.51% 7.37% 7.62% 7.46% 7.51% 7.62% 7.81% 7.91%
No. of Shareholders 48,17858,03555,51359,82367,20866,84570,70968,96970,79073,02976,59075,369

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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