Dr. Reddy's Laboratories Limited

Dr. Reddy's Laboratories Limited

DRREDDY.BO
Dr. Reddy's Laboratories LimitedIN flagBombay Stock Exchange
1,368.75
INR
-5.80
- -
1.14TMarket Cap
Dr. Reddy's Laboratories Limited
DRREDDY.BO
(Bombay Stock Exchange)

Recent

price

1,368.75

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
88.26
114.1
136.97
155.39
173.95
181.36
169.91
171.29
185.46
210.65
228.81
258.49
296.18
335.54
390.81
- -
403.4
Revenue per Share
13.05
16.82
19.76
25.3
26.03
23.46
14.53
11.83
22.66
23.52
20.79
28.42
54.29
66.93
67.88
- -
51.46
Basic EPS, GAAP
-4.25
8.92
7.05
10.39
11.39
30.92
-23.5
8.43
24.5
28.62
27.91
10.92
48.19
21.63
14.44
- -
22.01
Free Cash Flow per Basic Share
3.62
2.61
3.2
3.51
4.21
4.81
4.09
4.81
4.82
4.72
5
5
6
7.99
8
- -
8
Dividend per Share
25.1
38.27
53.79
77.48
99.18
117.7
131.39
138.32
156.07
175.03
189.17
212.86
260.7
319.83
380.11
- -
423.68
Book Value per Share
36.33
51.8
69.25
89.48
111.36
121.56
90.95
93.89
110.81
148.8
160.21
191.54
235.97
287.68
274.38
- -
315.23
Tangible Book Value per Share
846
848
849
851
852
853
829
829
830
829
829
829
830
832
833
- -
833
Basic Weighted Avg Shares
74,693
96,737
116,266
132,170
148,189
154,708
140,809
142,028
153,851
174,600
189,722
214,391
245,879
279,164
325,535
335,933
335,933
Sales/Revenue/Turnover
16.45
18.88
18.04
19.66
17.84
19.22
9.64
8.47
12.89
18.77
17.35
16.75
24.02
23.39
22.12
14.92
14.84
Operating Margin (%)
4,148
5,213
5,549
7,106
8,100
10,250
11,277
11,710
12,190
12,472
12,796
11,824
12,636
14,841
17,058
20,605
20,605
Depreciation Expense
11,040
14,262
16,777
21,515
22,179
20,013
12,039
9,806
18,795
19,498
17,238
23,568
45,067
55,684
56,544
42,850
42,857
Net Income, GAAP
11.28
22.77
22.61
19.15
21.25
26.26
17.84
31.62
16.25
- -
34.74
27.03
25.34
22.52
25.45
22.53
22.53
Effective Tax Rate (%)
14.78
14.74
14.43
16.28
14.97
12.94
8.55
6.9
12.22
11.17
9.09
10.99
18.33
19.95
17.37
12.76
12.76
Profit Margin (%)
6,578
26,492
31,623
49,684
55,843
55,042
15,375
39,953
54,801
57,556
64,858
87,841
118,408
152,010
119,720
134,409
134,409
Working Capital
5,271
16,335
12,625
20,740
14,307
10,685
5,449
25,089
22,000
1,304
6,299
5,746
1,278
5,990
7,864
12,203
12,203
LT Debt
45,990
57,444
72,805
90,801
111,302
128,336
124,044
126,460
140,197
154,988
173,062
190,527
230,991
280,550
337,166
380,457
380,457
Total Equity
16.9
17.61
16.24
17.07
14.24
13.71
6.61
4.68
9.35
- -
11.31
12.24
18.75
18.51
15.63
9.18
9.14
Return on Invested Capital (%)
28.68
27.56
23.88
23.36
19.34
15.77
8.6
6.4
11.73
- -
10.09
12.21
20.96
22.1
17.74
11.52
11.52
Return on Capital (%)
55.04
53.13
42.96
38.57
29.49
21.65
11.5
8.77
15.39
14.2
11.42
14.14
22.94
23.08
19.41
12.8
12.8
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
46,902
56,124
65,138
LT Borrowings
- -
- -
12,203
LT Finance Leases
11,637
11,608
12,203
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
833
833
833
Market Capitalization
1,018,948
1,057,936
1,044,810

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
279,517
297,549
301,975
Cash, Cash Equivalents & STI
69,811
82,589
87,814
Accounts Receivable, Net
97,738
103,206
101,219
Inventories
75,821
79,009
76,531
Total Current Liabilities
150,927
158,310
167,566
Payables & Accruals
86,651
84,552
77,160
ST Debt
46,902
56,124
65,138
Deferred Revenue
2,065
1,780
1,581

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.75%
17.16%
12.84%
Free Cash Flow
14.05%
49%
52.37%
Net Income, GAAP
15.43%
25.76%
-24.22%
Sales/Revenue/Turnover
8.34%
12.21%
3.19%
Total Cash Common Dividend
5.81%
10.75%
-0.05%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
67,384
68,802
72,148
70,830
279,164
2025
76,727
80,162
83,586
85,060
325,535
2026
85,452
88,051
87,268
75,162
335,933

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16.88
17.78
16.56
15.7
66.93
2025
16.72
15.07
16.96
- -
67.88
2026
17.04
- -
14.53
2.65
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
7.99
- -
- -
7.99
2025
- -
8
- -
- -
8
2026
- -
- -
- -
- -
- -
Business
Dr. Reddy's Laboratories Limited (DRREDDY.BO), an Indian multinational pharmaceutical company founded in 1984 and headquartered in Hyderabad, India, with U.S. operations based in East Brunswick, New Jersey, develops, manufactures, and markets a broad portfolio of products and services across four main segments including generics (branded, unbranded, and biosimilars such as rituximab and bevacizumab), active pharmaceutical ingredients (APIs) and custom pharmaceutical services (including high-potency APIs, peptides, oncology products, and formulations like losartan potassium, telmisartan, and over 60 APIs), proprietary innovative medicines (such as toripalimab for nasopharyngeal carcinoma and lenacapavir for HIV-1), and consumer health solutions; the company produces over 190 medications targeting therapeutic areas including gastrointestinal, cardiovascular, diabetology, oncology, pain management, dermatology, critical care, and biotechnology, with key products encompassing abiraterone acetate, canagliflozin, ciprofloxacin hydrochloride, ramipril, terbinafine HCI, ibuprofen, sertraline hydrochloride, naproxen sodium, omeprazole, and diagnostic kits, serving markets in over 75 countries including the U.S., India, Russia, Europe, Latin America, Japan, and emerging regions through more than 25 active U.S. ANDAs, EU dossiers, and drug master files. Recent strategic developments include the September 2024 acquisition of Haleon's global nicotine replacement therapy (NRT) business (excluding the U.S.) for over Rs 5,000 crore, which has exceeded expectations and expanded its branded consumer health portfolio to approximately 45% of total sales; a June 2025 collaboration and license agreement with Alvotech to co-develop, manufacture, and commercialize a pembrolizumab (Keytruda) biosimilar candidate for global markets; a February 2025 licensing deal with Henlius for exclusive commercialization rights to the daratumumab biosimilar HLX15 (subcutaneous and intravenous formulations) in 43 countries including the U.S. and Europe, with up to $131.6 million in potential payments; launches of novel products such as the first UK-approved bevacizumab biosimilar, Skorolox (loxoprofen) in Russia, nirsevimab for RSV prevention in India, and a U.S. FDA-approved treatment for chronic idiopathic constipation; plans for 25-30 new product launches including six biosimilars by FY30 across key markets; and ongoing expansions in HIV treatments via partnership with Gilead, injectable contraceptives for low- and middle-income countries, and vaccine distribution in India.