Stocks · Health care · Pharmaceutical Preparations

DR REDDYS LABORATORIES LTD

RDY Clue Score63
India Fiscal year ends March CIK 0001135951
$12.48 +2.30% Close, 9 Oct 2026
Price $12.48 −80.63% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue140.81Operating income13.50Net income12.04EPS, diluted72.09Fiscal year 2018Revenue142.03 +0.9%Operating income11.92Net income9.81 −18.5%EPS, diluted59.00Fiscal year 2019Revenue153.85 +8.3%Operating income20.89Net income18.80 +91.7%EPS, diluted113.09Fiscal year 2020Revenue174.60 +13.5%Operating income15.99Net income19.50 +3.7%EPS, diluted117.40Fiscal year 2021Revenue189.72 +8.7%Operating income24.28Net income17.24 −11.6%EPS, diluted103.65Fiscal year 2022Revenue214.39 +13.0%Operating income29.48Net income23.57 +36.7%EPS, diluted141.69Fiscal year 2023Revenue245.88 +14.7%Operating income57.14Net income45.07 +91.2%EPS, diluted54.17Fiscal year 2024Revenue279.16 +13.5%Operating income67.73Net income55.68 +23.6%EPS, diluted66.80Fiscal year 2025Revenue325.54 +16.6%Operating income71.84Net income56.54 +1.5%EPS, diluted67.78
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 140.81 142.03 153.85 174.60 189.72 214.39 245.88 279.16 325.54
Growth +0.9% +8.3% +13.5% +8.7% +13.0% +14.7% +13.5% +16.6%
Operating income 13.50 11.92 20.89 15.99 24.28 29.48 57.14 67.73 71.84
Net income 12.04 9.81 18.80 19.50 17.24 23.57 45.07 55.68 56.54
Growth −18.5% +91.7% +3.7% −11.6% +36.7% +91.2% +23.6% +1.5%
EPS, diluted 72.09 59.00 113.09 117.40 103.65 141.69 54.17 66.80 67.78

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin55.6%Operating margin9.6%Net margin8.5%Free cash flow margin6.6%Fiscal year 2018Gross margin53.7%Operating margin8.4%Net margin6.9%Free cash flow margin6.2%Fiscal year 2019Gross margin54.2%Operating margin13.6%Net margin12.2%Free cash flow margin14.1%Fiscal year 2020Gross margin53.8%Operating margin9.2%Net margin11.2%Free cash flow margin14.3%Fiscal year 2021Gross margin54.3%Operating margin12.8%Net margin9.1%Free cash flow margin13.7%Fiscal year 2022Gross margin53.1%Operating margin13.7%Net margin11.0%Free cash flow margin6.3%Fiscal year 2023Gross margin56.7%Operating margin23.2%Net margin18.3%Free cash flow margin19.3%Fiscal year 2024Gross margin58.6%Operating margin24.3%Net margin19.9%Free cash flow margin10.4%Fiscal year 2025Gross margin58.5%Operating margin22.1%Net margin17.4%Free cash flow margin5.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 55.6% 53.7% 54.2% 53.8% 54.3% 53.1% 56.7% 58.6% 58.5%
Operating margin 9.6% 8.4% 13.6% 9.2% 12.8% 13.7% 23.2% 24.3% 22.1%
Net margin 8.5% 6.9% 12.2% 11.2% 9.1% 11.0% 18.3% 19.9% 17.4%
Free cash flow margin 6.6% 6.2% 14.1% 14.3% 13.7% 6.3% 19.3% 10.4% 5.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow21.51Capital expenditure−12.28Free cash flow9.24Buybacks−15.69Dividends paid−3.39Fiscal year 2018Operating cash flow18.03Capital expenditure−9.29Free cash flow8.74 −5.4%Buybacks0.00Dividends paid−3.99Fiscal year 2019Operating cash flow28.70Capital expenditure−6.96Free cash flow21.75 +148.9%Buybacks0.00Dividends paid−4.00Fiscal year 2020Operating cash flow29.84Capital expenditure−4.85Free cash flow25.00 +14.9%Buybacks−0.47Dividends paid−3.92Fiscal year 2021Operating cash flow35.70Capital expenditure−9.74Free cash flow25.96 +3.9%Buybacks−1.19Dividends paid−4.15Fiscal year 2022Operating cash flow28.11Capital expenditure−14.66Free cash flow13.45 −48.2%Buybacks0.00Dividends paid−4.15Fiscal year 2023Operating cash flow58.88Capital expenditure−11.32Free cash flow47.55 +253.6%Dividends paid−4.98Fiscal year 2024Operating cash flow45.43Capital expenditure−16.40Free cash flow29.03 −39.0%Dividends paid−6.65Fiscal year 2025Operating cash flow46.43Capital expenditure−27.50Free cash flow18.92 −34.8%Dividends paid−6.66
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 21.51 18.03 28.70 29.84 35.70 28.11 58.88 45.43 46.43
Capital expenditure −12.28 −9.29 −6.96 −4.85 −9.74 −14.66 −11.32 −16.40 −27.50
Free cash flow 9.24 8.74 21.75 25.00 25.96 13.45 47.55 29.03 18.92
Growth −5.4% +148.9% +14.9% +3.9% −48.2% +253.6% −39.0% −34.8%
Buybacks −15.69 0.00 0.00 −0.47 −1.19 0.00 n/a n/a n/a
Dividends paid −3.39 −3.99 −4.00 −3.92 −4.15 −4.15 −4.98 −6.65 −6.66

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash3.87Total debt5.56Net cash (debt)−1.69Shareholders’ equity124.04Debt to equity0.04Fiscal year 2018Cash2.64Total debt25.15Net cash (debt)−22.51Shareholders’ equity126.46Debt to equity0.20Fiscal year 2019Cash2.23Total debt26.26Net cash (debt)−24.03Shareholders’ equity140.20Debt to equity0.19Fiscal year 2020Cash2.05Total debt5.57Net cash (debt)−3.52Shareholders’ equity154.99Debt to equity0.04Fiscal year 2021Cash14.83Total debt7.16Net cash (debt)7.67Shareholders’ equity173.06Debt to equity0.04Fiscal year 2022Cash14.85Total debt6.76Net cash (debt)8.09Shareholders’ equity190.53Debt to equity0.04Fiscal year 2023Cash5.78Total debt6.08Net cash (debt)−0.30Shareholders’ equity230.99Debt to equity0.03Fiscal year 2024Cash7.11Total debt7.30Net cash (debt)−0.19Shareholders’ equity280.55Debt to equity0.03Fiscal year 2025Cash14.65Total debt8.72Net cash (debt)5.93Shareholders’ equity333.39Debt to equity0.03
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 3.87 2.64 2.23 2.05 14.83 14.85 5.78 7.11 14.65
Total debt 5.56 25.15 26.26 5.57 7.16 6.76 6.08 7.30 8.72
Net cash (debt) −1.69 −22.51 −24.03 −3.52 7.67 8.09 −0.30 −0.19 5.93
Shareholders’ equity 124.04 126.46 140.20 154.99 173.06 190.53 230.99 280.55 333.39
Debt to equity 0.04 0.20 0.19 0.04 0.04 0.04 0.03 0.03 0.03

In billions of INR, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025
Margins
55.6% 53.7% 54.2% 53.8% 54.3% 53.1% 56.7% 58.6% 58.5%
9.6% 8.4% 13.6% 9.2% 12.8% 13.7% 23.2% 24.3% 22.1%
10.4% 10.1% 14.6% 10.3% 13.9% 15.1% 24.6% 25.7% 23.6%
8.5% 6.9% 12.2% 11.2% 9.1% 11.0% 18.3% 19.9% 17.4%
6.6% 6.2% 14.1% 14.3% 13.7% 6.3% 19.3% 10.4% 5.8%
Spending
13.9% 12.9% 10.1% 8.8% 8.7% 8.2% 7.9% 8.2% 8.4%
32.9% 33.0% 31.6% 28.7% 28.8% 29.0% 27.7% 27.7% 28.8%
8.7% 6.5% 4.5% 2.8% 5.1% 6.8% 4.6% 5.9% 8.4%
17.8% 31.6% 16.3% −8.1% 34.7% 27.0% 25.3% 22.5% 25.4%
Returns
9.7% 7.8% 13.4% 12.6% 10.0% 12.4% 19.5% 19.8% 17.0%
5.5% 4.3% 8.3% 8.4% 6.5% 8.0% 14.0% 14.4% 11.5%
Balance and payout
0.04 0.20 0.19 0.04 0.04 0.04 0.03 0.03 0.03
43.6% 43.9% 37.8% 33.3% 34.8% 34.9% 28.2% 27.6% 31.6%
28.2% 40.7% 21.3% 20.1% 24.1% 17.6% 11.0% 11.9% 11.8%
206.6% 45.7% 18.4% 17.6% 20.6% 30.8% 10.5% 22.9% 35.2%

Shown in INR as filed; the screener converts to dollars.