DRREDDYHealthcare

Dr. Reddy's Laboratories Limited

Pharmaceuticals · ISIN INE089A01031 · BSE 500124 · NSE EQ · FV ₹1
Last price
₹1,374
+0.42%today
What this company does

Dr. Reddy's Laboratories Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹8,698 cr of revenue in its latest quarter (Q2 FY27) and kept 10.6% of sales as profit. It is the 6th largest of 9 Pharmaceuticals companies we track, by market value.

61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 16–153 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
overbought
RSI (14)
75

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet55

How much it owes, and whether earnings cover the interest

Cash quality77

Whether reported profit actually arrives as cash

Growth & consistency49

Whether sales and profit have grown, and how steadily

Valuation80

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Profit down 31% vs last year

What if I invest in DRREDDY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 2% a year, it would become
₹13.28 lakh

The slider starts at 2%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,374▲ +0.42%
latest close · 2026-11-04
52-wk low ₹1,10174 sessions so far52-wk high ₹1,377
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio30.9High
LowAverageHigh
P/B ratio2.96Moderate
Below bookModerateHigh
EV / EBITDA15.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.5%Fair
WeakFairStrong ▸15%
Return on capital12.9%Fair
WeakFairStrong
Net margin10.6%Decent
ThinDecentStrong
EBITDA margin21.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.15Comfortable
LowModerateHigh ▸1
Interest cover10.9×Strong
RiskyOkayStrong ▸5×
Current ratio1.93Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1.15 L cr
Book value
₹465
EPS
₹11.10
latest quarter
Net debt
₹4,497 cr
owes more than its cash
Enterprise value
₹1.19 L cr
EBITDA
₹7,547 cr
annualised
EBIT
₹5,440 cr
annualised
Operating margin
15.6%
Return on assets
6.4%
Earnings yield
3.23%
P/S
3.30
Sales / share
₹416.7
Tax rate
25.5%
Face value
₹1
Shares
83.5 cr
Working capital
₹14,302 cr
Current assets
₹29,732 cr
Current liabilities
₹15,430 cr
Delivery %
53.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹1,008 vs market price ₹1,374 — price is 36% above it
Safety cushion-36.3%(target ≥ +20%)
Models span ₹789–₹1,227, midpoint ₹1,008
Model ₹1,008
Price ₹1,374
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹8,698 cr
Other Income₹156 cr
Total Income₹8,854 cr
Cost of Materials₹1,661 cr
Purchases of Stock-in-Trade₹1,538 cr
Inventory Change (±)₹-30 cr
Employee Benefit Expense₹1,612 cr
Finance Costs₹125 cr
Depreciation & Amortisation₹527 cr
Other Expenses₹2,187 cr
Total Expenses₹7,619 cr
Profit before Tax₹1,235 cr
Tax Expense₹314 cr
Share of JV / Associates₹-8 cr
Net Profit₹913 cr
Net margin on total income10.3%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹3,168 cr35.8%
Employee benefit expense₹1,612 cr18.2%
Finance costs₹125 cr1.4%
Depreciation & amortisation₹527 cr6.0%
Other expenses₹2,187 cr24.7%
Tax expense₹314 cr3.6%
Profit for the period₹913 cr10.3%
Total income ₹8,854 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue7,546 cr8,100 cr8,698 cr
Total income8,022 cr8,455 cr8,854 cr
Expenses7,827 cr7,902 cr7,619 cr
Profit before tax195 cr553 cr1,235 cr
Tax-22 cr118 cr314 cr
Net profit (owners' share)221 cr444 cr925 cr
Net margin (owners' share, on revenue)2.9%5.5%10.6%
EPS (₹)2.655.3311.10
YoY (latest quarter): total income -3.3% · net profit -31.3%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹57,631 cr
Shareholder equity
₹38,807 cr
parent shareholders
Total debt
₹5,826 cr
Cash
₹1,329 cr
Cash flow · H1 FY27
Operating
₹435 cr
Investing
₹812 cr
Financing
₹-1,469 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,770₹4.25 L cr53.3
Divi's Laboratories Limited₹10,064₹2.67 L cr74.1
Torrent Pharmaceuticals Limited₹4,650₹1.77 L cr82.7
Laurus Labs Limited₹2,323₹1.26 L cr71.1
Zydus Lifesciences Limited₹1,241₹1.24 L cr33.2
Dr. Reddy's Laboratories Limitedthis company₹1,368₹1.14 L cr30.8
Cipla Limited₹1,397₹1.13 L cr32.2
Mankind Pharma Limited₹2,475₹1.02 L cr35.9
Aurobindo Pharma Limited₹1,695₹97,502 cr23.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.58%
trailing 12 months
Dividend / share (TTM)
₹8
Last dividend
₹8
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹8 / share10 Jul 2026
Dividend₹8 / share10 Jul 2025
Stock splitStock Split From Rs.5/- to Rs.1/-28 Oct 2024
Dividend₹40 / share16 Jul 2024
Dividend₹40 / share11 Jul 2023
Dividend₹30 / share11 Jul 2022
Who owns it · 2026-09-30
No pledge
Promoter
26.6%
FII / Foreign
31.4%
DII / Domestic
31.9%
Retail / others
9.9%
Smart-money activity
Insider trades
BoughtPatrick Aghanian · -3,675 · ₹47.8 L26 Mar 26
BoughtTricia Wetzel · -4,275 · ₹54.2 L9 Dec 25
BoughtPatrick Aghanian · -4,775 · ₹62.9 L15 Sep 25
Bulk / block deals
short— · NSE6,84528 Oct 26
short— · NSE21,87527 Oct 26
short— · NSE1022 Oct 26
Stake changes
BoughtICICI Prudential Mutual Fund→ 5.01% · 7.13 L12 Aug 26
BoughtLife Insurance Corporation of India→ 10.27% · 1.71 cr15 Oct 25
BoughtGVP Family Trust · promoter→ 11.51% · 9.61 cr17 Sep 25
Promoter pledges
ReleasedJulius Baer Capital (India)2.68 L · 0.16% held17 Aug 18
ReleasedJulius Baer Capital (India)50,000 · 0.19% held7 Aug 18
PledgedJulius Baer Capital ( India) Private Ltd3.18 L · 0.00% held27 Sep 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 24 Jul 2025
See the official result
1
Adoption of the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year ended March 31, 2025, together with the Reports of the board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
47.59 cr votes for, 11.61 L against · 0% of mutual funds and other big investors said no
2
Declaration of Dividend of Rs.8 per share for the financial year ended March 31, 2025
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
47.82 cr votes for, 9,974 against · 0% of mutual funds and other big investors said no
3
Re-appointment of Mr. G V Prasad (DIN:00057433), as a Director, who retires by rotation, and being eligible offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
47.28 cr votes for, 49.10 L against · 1% of mutual funds and other big investors said no
4
Re-appointment of Mr. G V Prasad (DIN: 00057433) as Whole-time Director designated as Co-Chairman and Managing Director
Backed by 98% of shareholders other than promotersneeded 50%
46.80 cr votes for, 1.01 cr against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 44 named members
owning 26.6% between them · as of 2026-09-30
GVP Family Trust11.51%
VSD Family Trust9.06%
KALLAM SATISH REDDY HUF3.31%
GUNUPATI VENKATESWARA PRASAD HUF1.52%
SATISH REDDY KALLAM1.21%
ANURADHA GUNUPATI0.01%
APS Trustno shares
Cancelled Plans LLPno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.