Annualized Gross Margin Target
Consolidated gross margins are expected to normalize to 66-67% on an annualized basis, as the high Q3 level was driven by Comfort Click mix.
Zydus Wellness · forward-looking guidance across the available source record.
Guidance tracker
Consolidated gross margins are expected to normalize to 66-67% on an annualized basis, as the high Q3 level was driven by Comfort Click mix.
Management targets taking base business EBITDA margins to 16-17% over the next two years, from current thin levels (~10-15 crore absolute), through operating leverage and strategic investments.
Comfort Click is expected to operate at 14%+ EBITDA margins with path toward 16-17% levels as business mix improves and D2C scaling continues.
Current financial year FY26 will be the bottom for P&L at PAT level; from FY27 onwards, the company expects to be EPS-accretive including the newly acquired entity.