DRREDDYHealthcare

Dr. Reddy's Laboratories Limited

Pharmaceuticals · ISIN INE089A01031 · BSE 500124 · NSE EQ · FV ₹1
Last price
₹1,175
+3.07%today
What this company does

Dr. Reddy's Laboratories Limited operates in Pharmaceuticals, part of the Healthcare sector. It booked ₹8,100 cr of revenue in its latest quarter (Q1 FY27) and kept 5.5% of sales as profit. It is the 7th largest of 9 Pharmaceuticals companies we track, by market value.

51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Healthcare, on all six measures of filed financials. Each measure is ranked against the 13–150 companies that reported it.

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

Price momentum
neutral
RSI (14)
52

At close. Not part of the score.

Profitability & returns22

How much profit it earns on the money it employs

Balance sheet46

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

Valuation58

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
! Thin 5.5% net margin
! Sales down 6% vs last year
! Profit down 69% vs last year
! Low 4.7% return on equity

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 We do not publish price targets or predict returns.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
₹1,175 +3.07%
latest close · 2026-09-17
52-wk low ₹1,10142 sessions so far52-wk high ₹1,230
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 ratio55.1High
LowAverageHigh
P/B ratio2.59Moderate
Below bookModerateHigh
EV / EBITDA21.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity4.7%Weak
WeakFairStrong ▸15%
Return on capital6.6%Weak
WeakFairStrong
Net margin5.5%Decent
ThinDecentStrong
EBITDA margin15.0%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.16Comfortable
LowModerateHigh ▸1
Interest cover5.4×Strong
RiskyOkayStrong ▸5×
Current ratio1.80Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹98,113 cr
Book value
₹454
EPS
₹5.33
latest quarter
Net debt
₹4,757 cr
owes more than its cash
Enterprise value
₹1.03 L cr
EBITDA
₹4,858 cr
annualised
EBIT
₹2,712 cr
annualised
Operating margin
8.4%
Return on assets
3.1%
Earnings yield
1.81%
P/S
3.03
Sales / share
₹388.0
Tax rate
21.3%
Face value
₹1
Shares
83.5 cr
Working capital
₹13,432 cr
Current assets
₹30,179 cr
Current liabilities
₹16,747 cr
Delivery %
52.3%
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 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Looks overpricedMedium confidence
Median of 3 models ₹624 vs market price ₹1,175 — price is 88% above it
Safety cushion-88.2%(target ≥ +20%)
Models span ₹347₹771, midpoint ₹624
Model ₹624
Price ₹1,175
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 · Q1 FY27 (consolidated)
Revenue from Operations₹8,100 cr
Other Income₹355 cr
Total Income₹8,455 cr
Cost of Materials₹1,654 cr
Purchases of Stock-in-Trade₹1,974 cr
Inventory Change (±)₹-243 cr
Employee Benefit Expense₹1,652 cr
Finance Costs₹126 cr
Depreciation & Amortisation₹537 cr
Other Expenses₹2,203 cr
Total Expenses₹7,902 cr
Profit before Tax₹553 cr
Tax Expense₹118 cr
Share of JV / Associates₹80 L
Net Profit₹436 cr
Net margin on total income5.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3,385 cr40.0%
Employee benefit expense₹1,652 cr19.5%
Finance costs₹126 cr1.5%
Depreciation & amortisation₹537 cr6.3%
Other expenses₹2,203 cr26.1%
Tax expense₹118 cr1.4%
Profit for the period₹436 cr5.2%
Total income ₹8,455 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue8,753 cr7,546 cr8,100 cr
Total income9,022 cr8,022 cr8,455 cr
Expenses7,481 cr7,827 cr7,902 cr
Profit before tax1,541 cr195 cr553 cr
Tax354 cr-22 cr118 cr
Net profit (owners' share)1,210 cr221 cr444 cr
Net margin (owners' share, on revenue)13.8%2.9%5.5%
EPS (₹)14.532.655.33
YoY (latest quarter): total income -4.6% · net profit -68.7%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹58,123 cr
Shareholder equity
₹37,892 cr
parent shareholders
Total debt
₹6,294 cr
Cash
₹1,537 cr
Cash flow · H1 FY26
Operating
₹3,020 cr
Investing
₹-2,874 cr
Financing
₹-653 cr
Peer comparison
Pharmaceuticals · by market value
CompanyPriceMarket capP/E
Sun Pharmaceutical Industries Limited₹1,867₹4.48 L cr38.6
Divi's Laboratories Limited₹9,323₹2.47 L cr68.7
Torrent Pharmaceuticals Limited₹4,875₹1.65 L cr82.0
Zydus Lifesciences Limited₹1,135₹1.13 L cr30.4
Cipla Limited₹1,376₹1.11 L cr35.2
Laurus Labs Limited₹1,948₹1.05 L cr71.5
Dr. Reddy's Laboratories Limitedthis company₹1,175₹98,113 cr55.1
Aurobindo Pharma Limited₹1,690₹97,243 cr23.7
Lupin Limited₹2,098₹95,936 cr16.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.68%
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 · 2026-06-30
No pledge
Promoter
26.6%
FII / Foreign
32.1%
DII / Domestic
31.7%
Retail / others
9.3%
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 · NSE27,95015 Sep 26
short · NSE12,93510 Sep 26
short · NSE16,7504 Sep 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 2026-06-30
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.