D

Dr. Reddy's Laboratories Limited

DRREDDYNSE
Market snapshot · 2026-08-10 20:46 UTC

1,158.80

₹-13.20 (-1.13%)

MARKET CAP

₹96.53K Cr

STOCK P/E

29.2x

52W HIGH

₹1,414.90

52W LOW

₹1,101.00

BOOK VALUE

₹460.31

EPS

₹39.73

ROE

8.84%

SECTOR

Health Care

DEBT/EQUITY

18.61

VOLUME

17.70L

P/B RATIO

2.52x

PEG RATIO

1.63

Sector

Health Care

Themes

PharmaceuticalsLife Insurance Corporation of India Portfolio
D
Dividend
E
Earnings
₹1,365.44₹1,311.11₹1,256.77₹1,202.44₹1,148.10VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for DRREDDY.

39.00 analysts

Price Forecast

Current
₹1,159
High Target
₹1,740
▲ +50.2%
Median Target
₹1,240
▲ +7.0%
Low Target
₹1,039
▼ -10.3%
Now₹1,159High ₹1,740Median ₹1,240Low ₹1,039Aug '25Now12M Target
Price history (1Y)
Analyst target range
39 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹1,001 - ₹1,35280%
6M₹944.60 - ₹1,44480%
12M₹871.94 - ₹1,58980%
Realized vol: +23.4% · Drift: +4.3%

Revenue Forecast

₹ Cr
Jun '26Current₹5,137.0
Sep 2026 ETrend estimate range
High₹3,656.3Base₹3,385.5Low₹3,114.6
Sep '25: ₹4,619.0 · Dec '25: ₹4,283.0 · Mar '26: ₹3,822.0 · Jun '26: ₹5,137.0 · Sep '26: ₹3,385.5 · Dec '26: ₹3,139.2
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4,619.04,283.03,822.05,137.03,385.53,139.2
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹4.85
Sep 2026 ETrend estimate range
High₹3.64Base₹3.25Low₹2.86
Sep '25: ₹4.64 · Dec '25: ₹1.09 · Mar '26: ₹-2.63 · Jun '26: ₹4.85 · Sep '26: ₹3.25 · Dec '26: ₹0.76
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E4.641.09-2.634.853.250.76
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
53%
Analyst Consensus
Weakening

From 39 analysts

Mean upside+9.2%

Fundamentals

Weakening

Fundamentals institutional score is 18 using EVA spread proxy -3.2%; growth durability 0.0.

Valuation

Fairly valued

Valuation institutional score is 59 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 40 using mean target upside 9.2%; dispersion penalty 22.2; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 92 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 5 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. technical structure and market sentiment provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Fairly valuedAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price1,265.8 target
Mean Upside+9.2%
Technical Score92%
Fundamental Score18%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 5.0% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -0.64). Confidence: 93%.

Live forward EPS implies next-12-month EPS of ₹59.39. Applying the stock's normalized valuation corridor produces a fair range of ₹1,734.19 to ₹1,913.55, with base value near ₹1,843.47 (+59.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹59.39

Forward P/E

19.5x

Base Fair Value

₹1,843.47

Fair Range

₹1,734.19 - ₹1,913.55

Upside To Base

+59.1%

Estimate Source

Live forward EPS

Growth Estimate

-68.7%

P/E
Strongly Undervalued

5Y Average

27.45

Current

29.50

Overvalued

32.22

Undervalued

29.20

EV/EBITDA
Overvalued

5Y Average

16.51

Current

17.54

Overvalued

18.94

Undervalued

13.54

P/S
Fair

5Y Average

2.74

Current

2.91

Overvalued

3.15

Undervalued

2.33

Peers & Comparison

Sector: Health Care · Theme: Pharmaceuticals

Pharmaceuticals Peers8 peers
Avg P/E: 45.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
CIPLA LTD
CIPLAPharmaceuticals
+3.5%12.0%
35.2x
Undervalued
-23% vs avg
-2.7%
APOLLO HOSPITALS ENTER. L
APOLLOHOSPHospitals & Diagnostic Centres
+18.1%7.7%
66.0x
Premium
+44% vs avg
+23.2%
CG POWER AND IND SOL LTD
CGPOWERHeavy Electrical Equipments
+14.0%9.8%
111.1x
Premium
+143% vs avg
+32.2%
HINDALCO INDUSTRIES LTD
HINDALCOMetals - Aluminium
+32.1%5.5%
14.3x
Undervalued
-69% vs avg
+57.5%
HCL TECHNOLOGIES LTD
HCLTECHIT Services & Consulting
+3.0%13.0%
21.1x
Undervalued
-54% vs avg
-8.8%
BAJAJ AUTO LIMITED
BAJAJ-AUTOTwo Wheelers
+64.0%16.3%
27.7x
Undervalued
-39% vs avg
+40.9%
EICHER MOTORS LTD
EICHERMOTTrucks & Buses
+31.5%23.2%
38.0x
Undervalued
-17% vs avg
+41.4%
BSE LIMITED
BSEStock Exchanges & Ratings
+64.0%48.9%
52.3x
Fair
+14% vs avg
+44.3%
WHY THESE PEERS

DR. REDDY S LABORATORIES trades at a discount (29.2x vs peer avg 45.7x), suggesting potential undervaluation relative to the Pharmaceuticals cohort. Peers include CIPLA LTD, APOLLO HOSPITALS ENTER. L, CG POWER AND IND SOL LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹5.14K CrJun 2026

Latest net profit

₹405 CrJun 2026

Latest EPS

₹4.85Jun 2026

Net margin

9.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-20.0%0.0%20.0%40.0%60.0%-3.00K Cr0.00 Cr3.00K Cr6.00K Cr9.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr₹-12₹0₹12₹24₹36
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr1.50K Cr3.00K Cr4.50K Cr6.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-15.00K Cr0.00 Cr15.00K Cr30.00K Cr45.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +5,4374,8394,1035,1055,8416,6965,0155,5637,8104,6194,2833,8225,137
Expenses +3,2103,2103,4473,7263,8883,9753,8234,1203,9724,1384,1834,3224,689
Operating Profit2,2281,6296561,3791,9532,7221,1921,4433,837480100-500447
OPM %41%34%16%27%33%41%24%26%49%10%2.3%-13%9%
Other Income +234223228213218208235414398364360567440
Interest466672843311933415473
Depreciation237246246246250260265264280295314318318
Profit before tax2,2201,6016321,3391,9142,6411,1191,5623,936516104-306497
Tax %26%25%25%23%26%29%24%23%25%25%13%-28%19%
Net Profit +1,6391,1934751,0351,4171,8828491,2012,96138791-219405
EPS in Rs19.6914.305.7012.4116.9922.5610.1814.3935.484.641.09-2.634.85
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +26.64%26.64%26.64%26.63%26.63%
FIIs +25.33%24.69%22.34%21.14%20.67%
DIIs +26.73%27.99%30.44%30.72%31.75%
Public +21.04%20.45%20.33%21.27%20.76%
Others0.26%0.23%0.25%0.24%0.19%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

Aug 07, 2026PDFCompany Reports Open

Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

Aug 07, 2026PDFCompany Reports Open

Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 01, 2026PDFCompany Reports Open