About
Dr. Reddy's Laboratories Limited, together with its subsidiaries, operates as an integrated pharmaceutical company North America, Europe, India, Russia, and internationally. It operates through Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Others segment. The Global Generics segment manufactures and markets prescription and over-the-counter finished pharmaceutical products that are marketed under a brand name or as a generic finished dosages with therapeutic equivalence to branded formulations, as well as engages in the biologics business. The PSAI segment manufactures and markets active pharmaceutical ingredients and intermediates, which are principal ingredients for finished pharmaceutical products. This segment also provides contract research services; and manufactures and sells active pharmaceutical ingredients and steroids with the customer requirements. The Others segment engages in developing therapies in the fields of oncology and inflammation; and research and development of differentiated formulations. The company offers its products for various therapeutic categories, including gastro-intestinal, cardiovascular, anti-diabetic, dermatology, oncology, respiratory, stomatology, urology, and nephrology, vaccines and pain management. Dr. Reddy's Laboratories Limited was incorporated in 1984 and is headquartered in Hyderabad, India.
Key Metrics
as of Sep 2026Market Cap96,072 Cr
P/E29.80
Div Yield0.70 %
Book Value₹454.00
52w High₹1,415.00
52w Low₹1,080.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8,100.00 | 7,546.00 | 8,753.00 | 8,828.00 | 8,572.00 | 8,528.00 | 8,381.00 | 8,038.00 | 7,696.00 | 7,114.00 | 7,237.00 | 6,903.00 | 6,758.00 |
| Expenses | 7,240.00 | 7,164.00 | 6,866.00 | 6,818.00 | 6,398.00 | 6,530.00 | 6,108.00 | 5,962.00 | 5,566.00 | 5,283.00 | 5,214.00 | 4,894.00 | 4,696.00 |
| Operating Profit | 860.00 | 382.00 | 1,888.00 | 2,010.00 | 2,174.00 | 1,998.00 | 2,273.00 | 2,076.00 | 2,130.00 | 1,831.00 | 2,023.00 | 2,008.00 | 2,062.00 |
| OPM % | 11.00 | 5.00 | 22.00 | 23.00 | 25.00 | 23.00 | 27.00 | 26.00 | 28.00 | 26.00 | 28.00 | 29.00 | 31.00 |
| Other Income | 356.00 | 480.00 | 271.00 | 330.00 | 290.00 | 528.00 | 154.00 | 314.00 | 193.00 | 201.00 | 219.00 | 319.00 | 178.00 |
| Depreciation | 537.00 | 557.00 | 521.00 | 505.00 | 476.00 | 455.00 | 471.00 | 397.00 | 381.00 | 368.00 | 374.00 | 376.00 | 353.00 |
| Interest | 126.00 | 106.00 | 94.00 | 91.00 | 83.00 | 66.00 | 82.00 | 76.00 | 60.00 | 59.00 | 39.00 | 35.00 | 37.00 |
| Profit before tax | 553.00 | 200.00 | 1,543.00 | 1,745.00 | 1,905.00 | 2,005.00 | 1,874.00 | 1,917.00 | 1,883.00 | 1,605.00 | 1,829.00 | 1,917.00 | 1,850.00 |
| Tax % | 21.00 | -11.00 | 23.00 | 23.00 | 26.00 | 21.00 | 25.00 | 30.00 | 26.00 | 18.00 | 24.00 | 23.00 | 24.00 |
| Net Profit | 436.00 | 221.00 | 1,190.00 | 1,337.00 | 1,410.00 | 1,587.00 | 1,404.00 | 1,342.00 | 1,392.00 | 1,310.00 | 1,381.00 | 1,482.00 | 1,405.00 |
| EPS in Rs | 5.32 | 2.65 | 14.50 | 16.14 | 16.99 | 19.09 | 16.94 | 15.05 | 16.69 | 15.70 | 16.56 | 17.77 | 16.87 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 33,700.00 | 32,644.00 | 28,011.00 | 24,670.00 | 21,545.00 | 19,048.00 | 17,517.00 | 15,448.00 | 14,281.00 | 14,196.00 | 15,568.00 | 15,023.00 |
| Expenses | 27,247.00 | 24,097.00 | 20,078.00 | 18,200.00 | 17,778.00 | 15,173.00 | 15,040.00 | 12,270.00 | 11,930.00 | 11,724.00 | 11,983.00 | 11,515.00 |
| Operating Profit | 6,454.00 | 8,547.00 | 7,933.00 | 6,470.00 | 3,768.00 | 3,874.00 | 2,477.00 | 3,178.00 | 2,351.00 | 2,472.00 | 3,585.00 | 3,508.00 |
| OPM % | 19.00 | 26.00 | 28.00 | 26.00 | 17.00 | 20.00 | 14.00 | 21.00 | 16.00 | 17.00 | 23.00 | 23.00 |
| Other Income | 1,372.00 | 1,119.00 | 909.00 | 971.00 | 555.00 | 335.00 | 670.00 | 381.00 | 155.00 | 172.00 | 295.00 | 260.00 |
| Interest | 374.00 | 283.00 | 171.00 | 143.00 | 96.00 | 97.00 | 98.00 | 89.00 | 79.00 | 63.00 | 83.00 | 108.00 |
| Depreciation | 2,059.00 | 1,704.00 | 1,470.00 | 1,250.00 | 1,165.00 | 1,229.00 | 1,163.00 | 1,135.00 | 1,077.00 | 1,027.00 | 939.00 | 760.00 |
| Profit before tax | 5,393.00 | 7,680.00 | 7,201.00 | 6,048.00 | 3,061.00 | 2,884.00 | 1,886.00 | 2,336.00 | 1,350.00 | 1,554.00 | 2,859.00 | 2,900.00 |
| Tax % | 23.00 | 25.00 | 23.00 | 25.00 | 29.00 | 32.00 | -7.00 | 17.00 | 32.00 | 19.00 | 26.00 | 19.00 |
| Net Profit | 4,158.00 | 5,725.00 | 5,578.00 | 4,507.00 | 2,182.00 | 1,952.00 | 2,026.00 | 1,950.00 | 947.00 | 1,292.00 | 2,131.00 | 2,336.00 |
| EPS in Rs | 50.27 | 67.77 | 66.87 | 54.14 | 26.23 | 23.47 | 24.38 | 23.49 | 11.41 | 15.59 | 24.98 | 27.43 |
| Dividend Payout % | 16.00 | 12.00 | 12.00 | 15.00 | 23.00 | 21.00 | 21.00 | 17.00 | 35.00 | 26.00 | 16.00 | 15.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 84.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 85.00 | 85.00 |
| Reserves | 37,808.00 | 33,466.00 | 28,171.00 | 23,203.00 | 19,129.00 | 17,558.00 | 15,516.00 | 13,941.00 | 12,489.00 | 12,179.00 | 12,484.00 | 9,768.00 |
| Borrowings | 7,734.00 | 4,677.00 | 2,002.00 | 1,347.00 | 3,384.00 | 3,031.00 | 2,210.00 | 3,838.00 | 5,071.00 | 4,918.00 | 3,352.00 | 4,314.00 |
| Other Liabilities | 10,951.00 | 9,797.00 | 8,523.00 | 7,576.00 | 7,149.00 | 5,915.00 | 5,414.00 | 4,557.00 | 4,706.00 | 4,474.00 | 4,408.00 | 4,290.00 |
| Total Liabilities | 56,577.00 | 48,023.00 | 38,780.00 | 32,209.00 | 29,746.00 | 26,588.00 | 23,223.00 | 22,418.00 | 22,349.00 | 21,654.00 | 20,330.00 | 18,457.00 |
| Fixed Assets | 22,063.00 | 18,226.00 | 10,426.00 | 9,219.00 | 8,122.00 | 8,206.00 | 6,850.00 | 7,191.00 | 6,968.00 | 6,931.00 | 6,563.00 | 5,377.00 |
| CWIP | 1,460.00 | 2,466.00 | 1,419.00 | 1,030.00 | 1,293.00 | 1,565.00 | 1,535.00 | 2,934.00 | 3,470.00 | 3,324.00 | 772.00 | 529.00 |
| Investments | 5,285.00 | 4,051.00 | 4,930.00 | 4,986.00 | 2,616.00 | 2,212.00 | 2,678.00 | 2,587.00 | 2,298.00 | 2,110.00 | 3,833.00 | 2,248.00 |
| Other Assets | 27,768.00 | 23,280.00 | 22,004.00 | 16,974.00 | 17,715.00 | 14,605.00 | 12,160.00 | 9,707.00 | 9,612.00 | 9,290.00 | 9,162.00 | 10,303.00 |
| Total Assets | 56,577.00 | 48,023.00 | 38,780.00 | 32,209.00 | 29,746.00 | 26,588.00 | 23,223.00 | 22,418.00 | 22,349.00 | 21,654.00 | 20,330.00 | 18,457.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5,674.00 | 4,643.00 | 4,543.00 | 5,888.00 | 2,811.00 | 3,570.00 | 2,984.00 | 2,870.00 | 1,803.00 | 2,144.00 | 3,263.00 | 2,524.00 |
| Cash from Investing Activity | -6,425.00 | -5,785.00 | -4,034.00 | -4,109.00 | -2,565.00 | -2,255.00 | -495.00 | -769.00 | -1,483.00 | -1,890.00 | -1,610.00 | -2,370.00 |
| Cash from Financing Activity | 829.00 | 1,891.00 | -376.00 | -2,686.00 | -242.00 | -30.00 | -2,516.00 | -2,133.00 | -444.00 | -369.00 | -1,700.00 | -433.00 |
| Net Cash Flow | 78.00 | 749.00 | 133.00 | -907.00 | 3.00 | 1,286.00 | -27.00 | -31.00 | -124.00 | -114.00 | -47.00 | -280.00 |
| Free Cash Flow | 2,004.00 | 1,327.00 | 1,908.00 | 4,009.00 | 1,238.00 | 2,323.00 | 2,412.00 | 2,248.00 | 713.00 | 926.00 | 2,065.00 | 1,009.00 |
| CFO/OP % | 109.00 | 78.00 | 83.00 | 108.00 | 94.00 | 107.00 | 149.00 | 106.00 | 88.00 | 110.00 | 111.00 | 88.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 110.00 | 101.00 | 105.00 | 107.00 | 113.00 | 95.00 | 105.00 | 94.00 | 104.00 | 98.00 | 97.00 | 100.00 |
| Inventory Days | 228.00 | 260.00 | 283.00 | 232.00 | 250.00 | 273.00 | 230.00 | 273.00 | 263.00 | 282.00 | 248.00 | 248.00 |
| Days Payable | 91.00 | 97.00 | 116.00 | 108.00 | 111.00 | 109.00 | 100.00 | 111.00 | 121.00 | 104.00 | 88.00 | 84.00 |
| Cash Conversion Cycle | 247.00 | 264.00 | 271.00 | 231.00 | 252.00 | 259.00 | 235.00 | 256.00 | 246.00 | 275.00 | 257.00 | 264.00 |
| Working Capital Days | 68.00 | 69.00 | 118.00 | 84.00 | 61.00 | 57.00 | 59.00 | 65.00 | 39.00 | -14.00 | 34.00 | 26.00 |
| ROCE % | 13.00 | 23.00 | 27.00 | 27.00 | 14.00 | 16.00 | 11.00 | 13.00 | 8.00 | 9.00 | 19.00 | 22.00 |
Corporate Actions
30 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 10 Jul 2026 | 10 Jul 2026 | — | 8.00 | |
| Dividend | 10 Jul 2025 | 10 Jul 2025 | — | 8.00 | |
| Split | 28 Oct 2024 | 28 Oct 2024 | 5:1 | — | |
| Dividend | 16 Jul 2024 | — | — | 40.00 | |
| Dividend | 11 Jul 2023 | — | — | 40.00 | |
| Dividend | 11 Jul 2022 | — | — | 30.00 | |
| Dividend | 09 Jul 2021 | — | — | 25.00 | |
| Dividend | 13 Jul 2020 | — | — | 25.00 | |
| Dividend | 15 Jul 2019 | — | — | 20.00 | |
| Dividend | 16 Jul 2018 | — | — | 20.00 | |
| Dividend | 17 Jul 2017 | — | — | 20.00 | |
| Dividend | 18 Jul 2016 | — | — | 20.00 | |
| Dividend | 10 Jul 2015 | — | — | 20.00 | |
| Dividend | 11 Jul 2014 | — | — | 18.00 | |
| Dividend | 12 Jul 2013 | — | — | 15.00 | |
| Dividend | 28 Jun 2012 | — | — | 13.75 | |
| Dividend | 30 Jun 2011 | — | — | 11.25 | |
| Bonus | 17 Mar 2011 | 18 Mar 2011 | 6:1 | — | |
| Other | 17 Mar 2011 | 18 Mar 2011 | — | — | Scheme of Arrangement |
| Dividend | 02 Jul 2010 | — | — | 11.25 | |
| Dividend | 03 Jul 2009 | — | — | 6.25 | |
| Dividend | 04 Jul 2008 | — | — | 3.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=3.75 |
| Dividend | 04 Jul 2008 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=3.75 |
| Dividend | 06 Jul 2007 | — | — | 3.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=3.75 |
| Dividend | 06 Jul 2007 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=3.75 |
| Bonus | 28 Aug 2006 | 29 Aug 2006 | 1:1 | — | |
| Dividend | 07 Jul 2006 | — | — | 1.00 | |
| Dividend | 07 Jul 2005 | — | — | 5.00 | |
| Dividend | 08 Nov 2001 | 26 Nov 2001 | — | 5.00 | |
| Dividend | 18 Jun 2001 | — | — | 4.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Jul from fitch
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Rating update30 Mar from fitch
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Rating update18 Feb from fitch
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Rating update9 Jan from icra
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Rating update27 Dec 2024 from icra
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Rating update4 Jun 2024 from icra
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