Financial Results (Q2 FY2022) - QoQ comparison

Zydus Wellness has reported a total income of Rs. 387.01 crore during the period ended September 30, 2021, as compared to Rs. 599.97 crore during the period ended June 30, 2021, a decline of 35.50 per cent.

It has posted a net profit of Rs. 21.47 crore for the period ended September 30, 2021,, as against a net profit of Rs. 130.80 crore for the period ended a June 30, 2021, a decline of 83.59 per cent.

Financial Results (Q2 FY2022) - YoY comparison

It has reported a total income of Rs. 387.01 crore during the period ended September 30, 2021, as compared to Rs.344.80 crore during the period ended September 30, 2020, an increase of 12.24 per cent.

The company has posted net profit of Rs.21.47 crore for the period ended September 30, 2021, as against a loss of Rs. 105.34 crore for the period ended September 30, 2020, an increase of 120.38 per cent.

Financial Results (Half Year Ended FY2022) - YoY comparison

The company has reported a total income of Rs.986.98 crore during the 6 months ended September 30, 2021, as compared to Rs.883.99 crore during the 6 months ended September 30, 2020, an increase of 11.65 per cent.

It has posted a net profit of Rs.152.27 crores for the 6 months ended September 30, 2021, as against a loss of Rs. 16.14 crores for the 6 months ended September 30, 2020 an increase of 1043 per cent.

The growth drivers of E-commerce and international business contributed to approximate 7 per  cent and 5 per cent of the total net sales and triple-digit and high double-digit growth respectively on a Y-o-Y basis. During the quarter gone by the company’s key brands, Sugar-Free, Everyuth Scrub and Everyuth Peel Off, Glucon D and Nycil continued to hold strong positions in their respective categories.

As per the MAT September 2021 report of Nielsen and IQVIA, Glucon-D has maintained its number one position with a market share of 58.2% in the Glucose powder category. Glucon-D ImmunoVolt also continued to deliver steady business.

Complan has a market share of 5.4% in the health food category (HFD). Sugarfree maintained its number one position with a market share of 96.2% in the sugar substitute category, which is an increase of 181 basis points over the same period last year.

Nycil maintained its number one position with a market share of 34.5% in the prickly heat powder category.

Everyuth Scrub maintained its number one position with a market share of 39.2% in the facial scrub category, which is an increase of 543 basis points over the same period last year and Everyuth Peel-off maintained its number one position with a market share of 77.3% in the Peel-off category. Everyuth brand now has a market share of 6.5% in the overall facial cleansing segment. The company launched a new range of Everyuth Body Lotions in the skincare category.

The company in its transformational journey ‘Transformation 2.0’is integrating Nutralite retail with the rest of the retail business and integrating the cold rooms for Nutralite with ambient warehouses, thereby creating a simpler organizational structure with improved channel-wise focus, and a cost-efficient value chain. Digital journey across sales and supply chain is also underway.