ZYDUSWELL Q4 FY26 Guidance vs Delivery (ZYDUSWELL Management Mirror)

EBITDA Margins (Base Business)

Management continues to target a 17% to 18% EBITDA margin on the base business (excluding Comfort Click) over the next two years. This medium-term aspiration has been maintained consistently since the Sep'25 Qtr, with expectations that operating leverage and gross margin improvements will drive the expansion. [Status: Reaffirmed]