Wellbeing Nutrition Revenue More Than Doubles to Rs 244 Crore in FY26
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Harshita Agrawal
- October 21, 2026
Clean-label nutraceutical brand Wellbeing Nutrition more than doubled its revenue in FY26, while its losses widened 2.4 times to Rs 92 crore. The financial performance comes shortly after pharmaceutical major USV acquired a 79% stake in the company.
According to financial statements reviewed by Entrackr, Wellbeing Nutrition’s revenue from operations increased to Rs 244 crore in FY26 from Rs 118 crore in FY25.
Founded in 2019, Wellbeing Nutrition operates in the nutraceutical segment, offering products across vitamins, minerals, protein, collagen, omega supplements and other wellness categories. The company sells through its website, online marketplaces and offline retail channels, and has a presence in markets such as the US, UK and UAE.
Product sales remained the company’s sole source of operating revenue during FY26. Its portfolio includes collagen supplements, oral strips, marine collagen, slow-release capsules and effervescent tablets.
Wellbeing Nutrition’s Expenses Rise in FY26
Advertising and promotional expenses surged 78.7% to Rs 109 crore in FY26 from Rs 61 crore in FY25. These expenses accounted for around 32% of the company’s total expenditure.
Meanwhile, the cost of materials consumed more than doubled to Rs 106 crore during the year.
Other expenses, including freight, commissions, legal fees and overheads, contributed to an increase in total expenditure to Rs 338 crore in FY26, up 115.3% from Rs 157 crore in FY25.
As expenditure increased, Wellbeing Nutrition’s losses widened to Rs 92 crore in FY26 from Rs 38 crore in the previous fiscal year. The losses included an employee stock option plan (ESOP) cost of around Rs 30 crore. Excluding this expense, the company’s loss would have stood at around Rs 62 crore.
At the unit level, Wellbeing Nutrition spent Rs 1.39 to earn every rupee of operating revenue in FY26. Its return on capital employed (ROCE) stood at -425%, while its EBITDA margin was -34.43%.
The company’s current assets stood at Rs 91 crore at the end of FY26.
USV Acquires 79% Stake in Wellbeing Nutrition
In February 2026, pharmaceutical major USV agreed to acquire a 79% stake in Wellbeing Nutrition at a valuation of Rs 1,583 crore. The transaction also provides an exit, either partially or fully, to existing investors.
The acquisition is among the major deals in India’s direct-to-consumer (D2C) sector in 2026.
In February, Mumbai-based consumer goods company Marico acquired a 60% stake in plant-based protein startup Cosmix at an equity valuation of Rs 375 crore.
The deal follows a broader consolidation trend in the consumer sector, with large fast-moving consumer goods (FMCG) companies acquiring digital-first brands to expand their portfolios.
Last year, Hindustan Unilever acquired a 90.5% stake in skincare brand Minimalist at a pre-money valuation of Rs 2,955 crore.
FAQs
1. What was Wellbeing Nutrition’s revenue in FY26?
Wellbeing Nutrition’s revenue from operations increased to Rs 244 crore in FY26 from Rs 118 crore in FY25.
2. How much loss did Wellbeing Nutrition report in FY26?
The company reported a loss of Rs 92 crore in FY26, compared with Rs 38 crore in FY25.
3. How much did Wellbeing Nutrition spend on advertising in FY26?
Advertising and promotional expenses increased 78.7% to Rs 109 crore in FY26 from Rs 61 crore in FY25.
4. What stake did USV agree to acquire in Wellbeing Nutrition?
In February 2026, USV agreed to acquire a 79% stake in Wellbeing Nutrition at a valuation of Rs 1,583 crore.
5. Which other consumer brands were involved in acquisitions mentioned in the article?
Marico acquired a 60% stake in Cosmix at an equity valuation of Rs 375 crore, while Hindustan Unilever acquired a 90.5% stake in Minimalist at a pre-money valuation of Rs 2,955 crore.
