āagman

Dr Reddys Laboratories Ltd

NSE: DRREDDYF&O
₹1,244.50
+₹2.00 (+0.16%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,02,916 Cr
CMP
₹1,244.50
52-wk High / Low
₹1,415 / 1,101
P/E
31.9
P/B
2.7
Book Value
₹454.0
Div Yield
0.65%
ROCE
13.0%
ROE
11.2%
Face Value
₹1
D/E
0.20

Price+1.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹628
√(22.5 × EPS × book value per share)
ROIC
7.4%
vs 11.5% sector median
Cash flow to profit
1.36
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−1,474
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
8.9%
ROE × earnings retention ratio
ROE stability
3.8
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.47DII +1.03
Latest quarter vs the previous one
Cash-accrual divergence
−2.9%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.0x)
+Annualised volatility of 23.7% is in the low band (≤25%)
+PE of 31.9x is below the sector median of 44.1x
Watch-outs
−Latest ROCE of 13% trails the sector median of 17%
−Borrowings are up 130.7% since FY2016 (3352 to 7734)
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6,7586,9037,2377,1147,6968,0388,3818,5288,5728,8288,7537,5468,100
Expenses4,6964,8945,2145,2835,5665,9626,1086,5306,3986,8186,8667,1647,240
Operating Profit2,0622,0082,0231,8312,1302,0762,2731,9982,1742,0101,888382860
OPM %30.5%29.1%28.0%25.7%27.7%25.8%27.1%23.4%25.4%22.8%21.6%5.1%10.6%
Other Income178319219201193314154528290330271480356
Interest3735395960768266839194106126
Depreciation353376374368381397471455476505521557537
Profit before tax1,8501,9171,8291,6051,8831,9171,8742,0051,9051,7451,543200553
Net Profit1,4051,4821,3811,3101,3921,3421,4041,5871,4101,3371,190221436
EPS (₹)16.8717.7716.5615.7016.6915.0516.9419.0916.9916.1414.502.655.32

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales15,02315,56814,19614,28115,44817,51719,04821,54524,67028,01132,64433,70033,228
Expenses11,51511,98311,72411,93012,27015,04015,17317,77818,20020,07824,09727,24728,088
Operating Profit3,5083,5852,4722,3513,1782,4773,8743,7686,4707,9338,5476,4545,140
OPM %23.4%23.0%17.4%16.5%20.6%14.1%20.3%17.5%26.2%28.3%26.2%19.2%15.5%
Other Income2602951721553816703355559719091,1191,3721,437
Interest10883637989989796143171283374416
Depreciation7609391,0271,0771,1351,1631,2291,1651,2501,4701,7042,0592,119
Profit before tax2,9002,8591,5541,3502,3361,8862,8843,0616,0487,2017,6805,3934,041
Net Profit2,3362,1311,2929471,9502,0261,9522,1824,5075,5785,7254,1583,183
EPS (₹)27.4324.9815.5911.4123.4924.3823.4726.2354.1466.8767.7750.2738.61

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital858583838383838383838384—
Reserves9,76812,48412,17912,48913,94115,51617,55819,12923,20328,17133,46637,808—
Borrowings4,3143,3524,9185,0713,8382,2103,0313,3841,3472,0024,6777,734—
Other Liabilities4,2904,4084,4744,7064,5575,4145,9157,1497,5768,5239,79710,951—
Total Liabilities18,45720,33021,65422,34922,41823,22326,58829,74632,20938,78048,02356,577—
Fixed Assets5,3776,5636,9316,9687,1916,8508,2068,1229,21910,42618,22622,063—
CWIP5297723,3243,4702,9341,5351,5651,2931,0301,4192,4661,460—
Investments2,2483,8332,1102,2982,5872,6782,2122,6164,9864,9304,0515,285—
Other Assets10,3039,1629,2909,6129,70712,16014,60517,71516,97422,00423,28027,768—
Total Assets18,45720,33021,65422,34922,41823,22326,58829,74632,20938,78048,02356,577—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1,9702,5243,2632,1441,8032,8702,9843,5702,8115,8884,5434,6435,674
Cash from Investing Activity−1,604−2,370−1,610−1,890−1,483−769−495−2,255−2,565−4,109−4,034−5,785−6,425
Cash from Financing Activity−24−433−1,700−369−444−2,133−2,516−30−242−2,686−3761,891829
Net Cash Flow342−280−47−114−124−31−271,2863−90713374978

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %25.022.019.09.08.013.011.016.014.027.027.023.013.0
ROE %————————————11.2
EPS (₹)23.0827.4324.9815.5911.4123.4924.3823.4726.2354.1466.8767.7738.61
Book Value (₹)————————————454.0
Face Value (₹)————————————1
P/E————————————31.9
Div Yield %————————————0.65
NPM %14.615.313.49.06.612.311.110.19.917.619.317.011.9
OPM %24.023.023.017.016.021.014.020.017.026.028.026.019.0
D/E0.570.440.270.400.400.270.140.170.180.060.070.140.20
P/B————————————2.7

Growth

As of 18 Oct 2026
Compounded sales growth
10 years+8.0%
5 years+12.0%
3 years+11.0%
TTM−1.0%
Compounded profit growth
10 years+7.0%
5 years+15.0%
3 years−4.0%
TTM−43.0%
Stock price CAGR
10 years+7.0%
5 years+5.0%
3 years+3.0%
Last year−2.0%
Return on equity
10 years15.0%
5 years16.0%
3 years16.0%
Last year11.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters26.79%26.66%26.65%26.65%26.65%26.64%26.64%26.64%26.64%26.64%26.64%26.63%26.63%
FIIs32.40%28.19%28.62%29.13%27.68%27.53%26.85%25.75%25.33%24.69%22.34%21.14%20.67%
DIIs10.55%21.04%18.65%18.31%20.72%21.48%22.89%25.63%26.73%27.99%30.44%30.72%31.75%
Government—————————————
Public30.26%23.93%25.89%25.73%24.78%24.20%23.46%21.69%21.04%20.45%20.33%21.27%20.76%
No. of shareholders1,29,5012,43,4452,57,7942,55,5002,67,6943,10,4034,03,6694,59,6054,51,9294,49,2164,55,2434,49,6654,46,086
Change since Jun 2023 (pp)
Promoters −0.16FIIs −11.73DIIs +21.20Public −9.50

Documents

As of 18 Oct 2026
Announcements
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJul 2026RecordingJul 2026TranscriptJul 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026PPTJan 2026TranscriptJan 2026PPTJan 2026Recording

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDDividend - Rs 8 Per Share—
10 Jul 2025DIVIDENDDividend - Rs 8 Per Share—
28 Oct 2024SPLITFace Value Split (Sub-Division) - From Rs 5/- Per Share To Re 1/- Per Share5 : 1
16 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 40 Per Share—
11 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 40 Per Share—
11 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 30 Per Share—
9 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 25 Per Share—
13 Jul 2020DIVIDEND Annual General Meeting/Dividend - Rs 25 Per Share—
15 Jul 2019DIVIDEND Annual General Meeting/Dividend - Rs 20 Per Share—
16 Jul 2018DIVIDEND Annual General Meeting/Dividend- Rs 20 Per Share—
17 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 20/- Per Share—
18 Jul 2016DIVIDEND Annual General Meeting/ Dividend - Rs 20/- Per Share—
10 Jul 2015DIVIDENDAnnual General Meeting/Dividend Rs 20/- Per Share—
11 Jul 2014DIVIDENDAnnual General Meeting / Final Dividend - Rs 18/- Per Share—
12 Jul 2013DIVIDENDAnnual General Meeting And Dividend Rs.15/- Per Share—
28 Jun 2012DIVIDENDAnnual General Meeting And Dividend - Rs.13.75 Per Share—
30 Jun 2011DIVIDENDAnnual General Meeting And Dividend Rs.11.25 Per Share—
17 Mar 2011BONUSScheme Of Arrangement - Bonus Debentures 6:1—
2 Jul 2010DIVIDENDAnnual General Meeting And Final Dividend Rs.11.25 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman