Nutralite

Ahmedabad, India Listed
Offers nutritious spreads, mayonnaise, and recipes for daily consumption.

About Nutralite

Nutralite is a publicly listed company based in Ahmedabad (India) by Mehul Shah. It offers nutritious spreads, mayonnaise, and recipes for daily consumption. It operates on a B2C and D2C model in Agriculture and Consumer sectors. The company has 129 employees. Its website nutralite.com draws about 16 thousand monthly visits. Its Indian entity Zydus Wellness Limited reported revenue of β‚Ή3,967 Cr. Nutralite offers products and services including Nutralite DoodhShakti, Nutralite Choco Spread, Nutralite Mayo, and Nutralite Table Spread. Its focus areas include Food and Agriculture Tech, Processed Foods, Dairy Alternatives and Nutritious Spreads. Its competitors include Pushp, Keya Foods and Food Service; 3 of its 3 listed competitors have raised funding.

Company details

Nutralite, part of Zydus Wellness, produces and sells health-focused food products like probiotic butter spreads, chocolate spreads, and mayonnaise enriched with vitamins. They provide online recipes for breakfast, desserts, and quick meals to promote balanced eating. Based in Ahmedabad, India, Nutralite targets consumers via e-commerce platforms, emphasizing flavor and nutrition in everyday foods.

  • Headquarters Ahmedabad, India
  • Employees 129
  • Founders Mehul Shah
  • Stage Public
  • Sectors
    Agriculture
    Consumer
  • Email
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  • Phone
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  • Website nutralite.com
  • Social X Facebook Instagram YouTube
  • Legal Name Zydus Wellness Limited
  • Date of Incorporation 01 Nov, 1994
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Market Cap
    ₹14,723 Cr

    ZYDUSWELL · NSE

  • Share Price
    ₹483.30

    +4.44% today

  • Revenue
    ₹3,961 Cr

    FY 2025-26 · +46.2% YoY

  • EBITDA
    ₹469 Cr

    Margin 11.8%

  • Net Profit
    ₹229 Cr

    FY 2025-26 · -30.8% YoY

  • P/E (TTM)
    66.5x

    P/B 2.5x

  • ROE
    4.0%

    ROCE 4.9%

  • Debt / Equity
    0.29

    Interest cover 30.4x

  • Employee Count
    129

Products & Services of Nutralite

Nutralite offers a comprehensive portfolio of products and services, including Nutralite DoodhShakti, Nutralite Choco Spread, Nutralite Mayo, and Nutralite Table Spread.

Nutralite DoodhShakti
Butter Spread

Probiotic spread supporting immunity and gut health.

Nutralite Choco Spread
Chocolate Spread

Calcium-enriched spread with hazelnuts for tasty nutrition.

Nutralite Mayo
Mayonnaise

Vitamin-rich vegetable mayonnaise for flavorful meals.

Nutralite Table Spread
Dairy Spread

Omega-3 powered spread rich in essential vitamins.

Apps and channels of Nutralite

its YouTube channel Nutralite India has 14.9K subscribers and 30 videos.

Nutralite India
YouTube 14.9K subscribers 30 videos Howto & Style
Open channel

Videos from Nutralite

The most watched videos on Nutralite's YouTube channel, Nutralite India (14.9K subscribers). Click a video to play it here.

Sab Ke Liye Right, Nutralite | Nutralite | Official Campaign DVC | 45 sec
12.1M views
Sab Ke Liye Right, Nutralite | Nutralite | Official Campaign DVC | 30 sec
2.4M views
Nutralite Activ Chocolate Peanut Spread – Daily Dose of Plant-Based Protein | 20g protein per 100g
256 views
Nutralite Activ Natural Peanut Butter – Daily Dose of Plant-Based Protein | 26g protein per 100g
212 views

More on Nutralite India.

Board of directors of Zydus Wellness Limited (Nutralite)

Zydus Wellness Limited is the primary company behind Nutralite. The board of Zydus Wellness Limited currently have 8 directors; the longest-serving is Ganesh Narayan Nayak, appointed in 2006. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ganesh Narayan Nayak
DIN 00017481
Director27 Jul 200620 yrs 3 moZydus Wellness Limited
Sharvil Pankajbhai Patel
DIN 00131995
Director27 Apr 200917 yrs 6 moZydus Wellness Limited
Tarun Arora
DIN 07185311
Whole-time director14 May 201511 yrs 5 moZydus Wellness Limited
Kulin Sanjay Lalbhai
DIN 05206878
Director18 Nov 20169 yrs 11 moZydus Wellness Limited
Dharmishta Narendraprasad Raval
DIN 02792246
Director11 Mar 20197 yrs 7 moZydus Wellness Limited
Srivishnu Raju Nandyala
DIN 00025063
Director11 Mar 20197 yrs 7 moZydus Wellness Limited
Monappa Arun Akhil
DIN 09784366
Director17 May 20233 yrs 5 moZydus Wellness Limited
Apurva Shishir Diwanji
DIN 00032072
Director18 May 20265 moZydus Wellness Limited

People of Nutralite

1 people are tracked at Nutralite (1 in leadership); the tracked headcount is 129.

NameRoleGroup
Mehul Shah
FounderLeadership
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Complete people profiles for Nutralite

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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  • Team structure
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IPO & Listings of Nutralite

Nutralite is a publicly listed company on the NSE with ticker symbol ZYDUSWELL in India, operating in the FMCG sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: ZYDUSWELL
  • Listed entityZydus Wellness Limited
  • Exchange sectorFMCG

Financials of Nutralite

Exchange-reported figures of Zydus Wellness Limited, the listed company behind Nutralite (NSE: ZYDUSWELL).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹3,961 Cr
+46.2% YoY
EBITDA
₹469 Cr
+23.5% YoY
Profit After Tax
₹229 Cr
-30.8% YoY
Net Worth
₹5,826 Cr
+2.7% YoY
Total Assets
₹9,103 Cr
+54.7% YoY
Total Debt
₹3,203 Cr
+1600.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,9612,7092,3282,2552,0091,8671,767
Revenue growth+46.2%+16.4%+3.2%+12.2%+7.6%+5.7%-
EBITDA469380290327345212277
EBITDA margin+11.8%+14.0%+12.5%+14.5%+17.2%+11.4%+15.7%
Profit before tax230359260291306112121
Net profit229331279319309251181
Net profit margin+5.8%+12.2%+12.0%+14.2%+15.4%+13.4%+10.2%
EPS (β‚Ή)6.2054.5441.9748.8148.5418.6624.58
Balance sheet
Total assets9,1035,8835,7045,4345,2465,1334,994
Net worth5,8265,6725,3585,1234,8444,5683,461
Total debt3,2031883292973875501,519
Cash & bank11173.9024038.1017025382.42
Net working capital79051069443934031369.41
Cash flow
Cash from operations22638024691.70237287259
Cash from investing(2,881)(207)(178)(84.90)(58.93)(10.41)(17.12)
Cash from financing2,698(186)(25.70)(138)(234)(216)(260)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,4371,485965650861913462493
Revenue growth (YoY)+66.9%+62.6%+108.9%+32.0%+2.4%---
Other income3.801.200.801.403.000.803.809.90
EBITDA24227054.40(11.20)15619014.8019.60
EBITDA margin+16.9%+18.3%+5.6%-1.7%+18.1%+20.9%+3.3%+4.0%
Depreciation57.1055.3055.5025.1010.8013.205.204.90
Interest26.3038.7041.2015.702.504.203.300.90
Profit before tax162177(41.50)(50.60)14517310.1023.70
Tax43.2015.30(1.60)2.2017.401.503.702.80
Net profit119162(39.90)(52.80)1281726.4020.90
EPS (β‚Ή)3.745.09(1.25)(1.66)20.1027.011.013.28
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue582354245251216114153
Revenue growth+64.3%+44.7%-2.6%+16.2%+90.0%-25.8%-
EBITDA72.9041.9033.0038.30(5.32)(177)(21.18)
EBITDA margin+12.5%+11.8%+13.5%+15.3%-2.5%-155.3%-13.8%
Profit before tax48.8039.8044.8047.205.22(188)(54.94)
Net profit45.9228.2033.1066.2012.70(55.81)(40.44)
Net profit margin+7.9%+8.0%+13.5%+26.4%+5.9%-49.0%-26.4%
EPS (β‚Ή)1.184.675.3010.442.00(28.62)(7.06)
Balance sheet
Total assets4,2214,1704,0914,0384,0494,0734,734
Net worth4,0334,0344,0364,0344,0004,0193,215
Total debt18113050.700.3046.4850.401,516
Cash & bank7.5011.009.6015.4057.3584.0029.80
Net working capital58.2022.2010211568.5088.6019.05
Cash flow
Cash from operations35.2040.0026.0036.70(16.27)(51.73)(19.67)
Cash from investing(32.00)(88.40)(47.10)0.7039.33816267
Cash from financing(0.30)43.4015.40(79.30)(37.69)(710)(260)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15313315315614112899.7063.30
Revenue growth (YoY)+8.6%+3.7%+53.1%+146.5%+122.2%---
Other income4.904.804.402.000.700.503.204.10
Total expenses14111313313812511484.8055.80
EBITDA11.8019.8019.2018.4015.5014.2014.907.50
EBITDA margin+8.7%+17.8%+13.6%+12.7%+11.9%+12.2%+16.8%+14.1%
Depreciation6.306.306.306.406.007.401.000.90
Interest3.003.103.102.502.302.101.400.20
Profit before tax7.4015.2014.2011.507.905.2015.7010.50
Tax1.901.902.103.903.301.503.902.50

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue1,4371,485965650861913462493
Revenue growth (YoY)+66.9%+62.6%+108.9%+32.0%+2.4%---
Other income3.801.200.801.403.000.803.809.90
EBITDA24227054.40(11.20)15619014.8019.60
EBITDA margin+16.9%+18.3%+5.6%-1.7%+18.1%+20.9%+3.3%+4.0%
Depreciation57.1055.3055.5025.1010.8013.205.204.90
Interest26.3038.7041.2015.702.504.203.300.90
Profit before tax162177(41.50)(50.60)14517310.1023.70
Tax43.2015.30(1.60)2.2017.401.503.702.80
Net profit119162(39.90)(52.80)1281726.4020.90
EPS (β‚Ή)3.745.09(1.25)(1.66)20.1027.011.013.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,9612,7092,3282,2552,0091,8671,767
Revenue growth+46.2%+16.4%+3.2%+12.2%+7.6%+5.7%-
Other income6.4019.5017.404.9010.408.9410.71
Total expenses3,4922,3292,0371,9281,6641,6541,490
Employee cost313237193167164164156
EBITDA469380290327345212277
EBITDA margin+11.8%+14.0%+12.5%+14.5%+17.2%+11.4%+15.7%
Depreciation14728.4023.8025.0023.6225.1626.39
Interest98.1012.0024.0016.1025.5183.80140
Profit before tax230359260291306112121
Tax33.3011.90(6.80)(19.50)(2.85)(6.52)(20.45)
Net profit229331279319309251181
Net profit margin+5.8%+12.2%+12.0%+14.2%+15.4%+13.4%+10.2%
EPS (β‚Ή)6.2054.5441.9748.8148.5418.6624.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital63.6063.6063.6063.6063.6363.6357.66
Reserves & surplus5,7625,6085,2945,0594,7804,5043,403
Shareholders' funds (net worth)5,8265,6725,3585,1234,8444,5683,461
Minority interest0.000.000.000.000.000.000.00
Secured loans6.500.000.000.000.000.001,516
Unsecured loans3,1961883292973875502.89
Total debt3,2031883292973875501,519
Total liabilities9,1035,8835,7045,4345,2465,1334,994
Assets
Gross block9,0045,3894,9344,9614,9194,8584,844
Net block8,5965,1254,7084,7324,7104,6674,674
Capital work in progress23.1015.109.7013.0011.923.743.53
Investments5.1036.4077.6070.0027.020.00110
Inventories764518468458362365292
Sundry debtors38436728320814294.28118
Cash & bank balances11173.9024038.1017025382.42
Loans & advances104110147134113135172
Total current assets1,3621,0681,137838787847665
Total current liabilities573559444399447534596
Net working capital79051069443934031369.41
Total assets9,1035,8835,7045,4345,2465,1334,994
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash66.7080.0037.00170253193210
Net cash from operating activities22638024691.70237287259
Net cash from investing activities(2,881)(207)(178)(84.90)(58.93)(10.41)(17.12)
Net cash from financing activities2,698(186)(25.70)(138)(234)(216)(260)
Net change in cash43.90(13.30)43.00(132)(55.90)59.89(17.56)
Closing cash11173.9024038.1017025382.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+46.2%+16.4%+3.2%+12.2%+7.6%+5.7%-
EBITDA growth+23.5%+30.7%-11.2%-5.1%+62.4%-23.3%-
PBT growth-35.8%+38.0%-10.6%-4.9%+172.7%-7.5%-28.9%
Net income growth-30.8%+18.5%-12.6%+3.3%+23.1%+38.8%-
Revenue CAGR (3Y)+20.7%+10.5%+7.6%+8.5%+33.6%+53.9%+60.1%
EBITDA CAGR (3Y)+12.8%+3.3%+11.0%+5.7%+25.5%+19.2%+40.9%
Profitability & leverage
Net income margin+5.0%+12.8%+11.5%+13.8%+15.4%+6.4%+8.0%
Return on capital employed+4.9%+6.4%+5.1%+5.8%+6.4%+6.5%+6.0%
Return on net worth+4.0%+6.3%+5.1%+6.2%+6.6%+6.3%+5.3%
Debt / equity0.290.050.060.070.100.260.45
Long-term debt / equity0.270.000.000.010.040.230.44
Interest cover30.453.429.005.337.9444.8055.86
Efficiency & per share
Fixed asset turnover0.550.520.470.460.410.380.37
Inventory turnover6.185.505.035.515.535.686.73
Debtors turnover10.558.339.4812.8816.9817.5716.49
EPS (β‚Ή)6.2054.5441.9748.8148.5418.6624.58
Dividend per share (β‚Ή)1.206.005.005.005.005.005.00
Book value per share (β‚Ή)183.21891.76842.37805.44761.28717.87600.18
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue15313315315614112899.7063.30
Revenue growth (YoY)+8.6%+3.7%+53.1%+146.5%+122.2%---
Other income4.904.804.402.000.700.503.204.10
Total expenses14111313313812511484.8055.80
EBITDA11.8019.8019.2018.4015.5014.2014.907.50
EBITDA margin+8.7%+17.8%+13.6%+12.7%+11.9%+12.2%+16.8%+14.1%
Depreciation6.306.306.306.406.007.401.000.90
Interest3.003.103.102.502.302.101.400.20
Profit before tax7.4015.2014.2011.507.905.2015.7010.50
Tax1.901.902.103.903.301.503.902.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue582354245251216114153
Revenue growth+64.3%+44.7%-2.6%+16.2%+90.0%-25.8%-
Other income11.9012.6018.0013.5015.4066.80109
Total expenses509312212213222291175
Employee cost56.8048.7029.9029.1031.0630.6431.68
EBITDA72.9041.9033.0038.30(5.32)(177)(21.18)
EBITDA margin+12.5%+11.8%+13.5%+15.3%-2.5%-155.3%-13.8%
Depreciation25.0010.203.603.502.843.492.95
Interest11.004.502.601.102.0274.66140
Profit before tax48.8039.8044.8047.205.22(188)(54.94)
Tax11.2010.1011.10(19.20)(7.48)(5.99)(14.21)
Net profit45.9228.2033.1066.2012.70(55.81)(40.44)
Net profit margin+7.9%+8.0%+13.5%+26.4%+5.9%-49.0%-26.4%
EPS (β‚Ή)1.184.675.3010.442.00(28.62)(7.06)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital63.6063.6063.6063.6063.6363.6357.66
Reserves & surplus3,9693,9703,9723,9713,9373,9563,157
Shareholders' funds (net worth)4,0334,0344,0364,0344,0004,0193,215
Secured loans0.000.000.000.000.000.001,516
Unsecured loans18113050.700.3046.4850.400.14
Total debt18113050.700.3046.4850.401,516
Total liabilities4,2214,1704,0914,0384,0494,0734,734
Assets
Gross block49648496.5094.3085.5781.9277.56
Net block42043254.1054.5045.0044.0542.72
Capital work in progress4.908.004.000.501.770.871.47
Investments3,6713,6783,6763,6983,6833,6713,528
Inventories28.3026.0010.109.009.0515.1812.34
Sundry debtors27.5023.907.802.9011.021.710.55
Cash & bank balances7.5011.009.6015.4057.3584.0029.80
Loans & advances47.5042.1099.5011632.3431.3544.95
Total current assets11110312714311013287.64
Total current liabilities52.6080.8024.9028.3041.2643.6468.59
Net working capital58.2022.2010211568.5088.6019.05
Total assets4,2214,1704,0914,0384,0494,0734,734
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.209.2014.9057.3084.0029.8042.98
Net cash from operating activities35.2040.0026.0036.70(16.27)(51.73)(19.67)
Net cash from investing activities(32.00)(88.40)(47.10)0.7039.33816267
Net cash from financing activities(0.30)43.4015.40(79.30)(37.69)(710)(260)
Net change in cash2.90(5.00)(5.70)(41.90)(14.63)54.20(13.18)
Closing cash7.5011.009.6015.4057.3584.0029.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+64.3%+44.7%-2.6%+16.2%+90.0%-25.8%-
EBITDA growth+74.0%+27.0%-13.8%+819.9%+97.0%-734.7%-
PBT growth+22.6%-11.2%-5.1%+804.2%+9998.0%-242.4%-
Net income growth+62.8%-14.8%-50.0%+421.3%+122.8%-38.0%-
Revenue CAGR (3Y)+32.3%+17.9%+29.1%+17.9%-5.3%-24.5%-12.0%
EBITDA CAGR (3Y)+23.9%------
Profitability & leverage
Net income margin+6.5%+8.4%+13.8%+26.4%+5.9%-160.0%-26.6%
Return on capital employed+1.7%+1.1%+1.2%+1.2%+0.2%+0.3%+1.8%
Return on net worth+1.1%+0.7%+0.8%+1.7%+0.3%-1.5%-1.3%
Debt / equity0.040.020.010.010.010.220.47
Long-term debt / equity0.020.010.000.000.000.210.46
Interest cover22.9614.208.843.16-24.75-41.42-581.39
Efficiency & per share
Fixed asset turnover1.191.222.572.792.581.432.09
Inventory turnover21.4419.6325.6327.8317.858.2717.03
Debtors turnover22.6522.3545.7636.0933.97100.7344.86
EPS (β‚Ή)1.184.675.3010.442.00(28.62)(7.06)
Dividend per share (β‚Ή)1.206.005.005.005.005.005.00
Book value per share (β‚Ή)126.81634.20634.58634.32628.66631.67557.53

Competitors of Nutralite

Nutralite has 3 listed competitors in our database, 3 of them funded. They include Pushp, Keya Foods and Food Service.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pushpmasale.com1974Indore, India$16.78M1,096
Brand of spices & seasonings
keyafoods.com2009Mumbai, India$209,091280
Multi-category food products are offered via an internet-first brand.
foodserviceindia.com2012Mumbai, India$6.37M298
Customized food solutions are provided for the HORECA sector.
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Web traffic of Nutralite

The website of Nutralite (nutralite.com) receives about 15.8K visits a month.

  • Monthly visits
    15.8K

    ▲ 3% vs previous month

Top companies in Animal Feed & Nutrition

3 companies that operate in the same segment as Nutralite (Animal Feed & Nutrition) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Procures and distributes milk and dairy products through unions and online orders.
1984Bengaluru, Karnataka, IndiaUSD 2.58 M
A brand specializing in high-quality milk and food products.
2007Lucknow, Uttar Pradesh, IndiaUSD 184.73 M1,016
Provides healthy snack options including potato chips, multigrain chips, and noodles for consumers.
2016Kolkata, West Bengal, IndiaUSD 51.28 M388
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Related news about Nutralite

Zydus Wellness: Co Received FSSAI Notice On September 24 And Responded On October 4, Asserting That Its Product-Label Claims Are Backed By Science.
Exchange Update β€’ 11 days ago
Zydus Wellness: Co Said It Received An FSSAI Notice On September 24, Responded On October 4, Maintained That Its Product-label Claims Are Scientifically Substantiated.
Exchange Update β€’ 11 days ago
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Frequently Asked Questions about Nutralite

Nutralite is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Nutralite has 129 employees.

The primary company behind Nutralite, Zydus Wellness Limited, reported revenue of β‚Ή3,967 Cr for FY 2026, up 46% year on year.

Nutralite, part of Zydus Wellness, produces and sells health-focused food products like probiotic butter spreads, chocolate spreads, and mayonnaise enriched with vitamins. They provide online recipes for breakfast, desserts, and quick meals to promote balanced eating. Based in Ahmedabad, India, Nutralite targets consumers via e-commerce platforms, emphasizing flavor and nutrition in everyday foods.

Nutralite's top competitors include Pushp, Food Service and Keya Foods.

Nutralite offers Nutralite DoodhShakti, Nutralite Choco Spread, Nutralite Mayo, and Nutralite Table Spread.

Yes, Nutralite is publicly traded on NSE under the ticker symbol ZYDUSWELL.

Nutralite operates through Zydus Wellness Limited.

The legal entities of Nutralite currently have 10 directors, including Ganesh Narayan Nayak, Tarun Arora, Kulin Sanjay Lalbhai and others.

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