Research ReportsZydus Wellness Gets 'Buy' Upgrade From ICICI Securities On Best-In-Class Q4 Revenue Growth
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Zydus Wellness Gets 'Buy' Upgrade From ICICI Securities On Best-In-Class Q4 Revenue Growth
In the medium-term, portfolio premiumisation [already underway] may support margin expansion, says ICICI Securities, upgrade the stock to Buy (from Add).
Zydus Wellness' growth was driven by consistent double-digit growth in personal care, while food and nutrition segment also grew by 15.4% YoY.
(Photo Source: Company website)
Zydus’ Q4 FY25 revenue / gross profit / Ebitda growth (YoY) was 17 / 17 / 14 (%). Revenue was up 17% YoY to Rs 9.1 billion with 13% volume growth YoY. In the brokerage's view, organic revenue growth was in low double digit and volume growth of mid-to-high single digit during the quarter.