Dr. Reddy's Laboratories logo

Dr. Reddy's Laboratories share price

NSE: DRREDDYBSE: 500124Pharmaceuticals & BiotechnologyMid Cap

Dr. Reddy's Laboratories Limited · Face value ₹1 · Listed Aug 1986 on BSE, May 2003 on NSE
Last close ₹1,352.00up ₹7.00 (0.52%)BSE ₹1,350.20

Share price at the NSE close on 30 Oct 2026. Previous close ₹1,345.00.

30 Oct: open ₹1,345.00, high ₹1,363.70, low ₹1,345.00

52-week range of traded prices to 30 Oct 2026
₹1,101.00Low, 23 Jul 2026₹1,414.90High, 29 Jun 2026
Market cap
₹1,12,849 Cr104th largest listed
P/E
40.30
P/B
2.91
Dividend yield
0.59%
ROE
7.5%
ROCE
6.0%
Debt to equity
0.15
Volume, NSE
17,14,05957.9% delivered

Dr. Reddy's Laboratories share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+12.5%over a year · Nifty Pharma +21.6% · Nifty 500 −8.2%

Results20-session average 23,34,541 shares a day, 53.7% delivered

About Dr. Reddy's Laboratories

Dr. Reddy's Laboratories, headquartered in Hyderabad, develops, makes and sells generic medicines, including biosimilars (close copies of biological drugs), active pharmaceutical ingredients (APIs, the drug substance in a medicine), over-the-counter products and custom pharmaceutical services.1 Its customers include wholesalers, distributors, pharmacy chains, hospitals, government institutions and other drug makers, and its major markets include the United States, India, Russia and other CIS countries (former Soviet states), China, Brazil and Europe.21

It runs 24 manufacturing facilities; they include 9 API units in India, Mexico, the United Kingdom and the United States, 8 units for oral and topical medicines, 3 sterile injectable units and 3 biologics units.3 It serves patients in 88 countries and has 27,527 employees.4

It was incorporated in 1984; its founder was Kallam Anji Reddy.5 In September 2024 it completed the purchase of Haleon's nicotine replacement therapy (NRT, products that help smokers quit) brands outside the United States.6 It holds 51% of a nutraceuticals and supplements venture with Nestlé India.7 Its shares are listed on the BSE and the NSE, and its American depositary receipts (certificates for its shares traded abroad) on the New York Stock Exchange, where it is the only Indian drug maker listed.89

Its promoter group includes the GVP Family Trust and the VSD Family Trust, which held 96,095,920 and 75,630,620 shares on 31 Mar 2026.1011 G V Prasad, the co-chairman and managing director, and K Satish Reddy, the chairman, transferred shares to these trusts.125

Dr. Reddy's Laboratories key points

Results

  • In the quarter to Sep 2026, consolidated revenue was ₹8,671 crore, down 1.5% on a year earlier on lower sales of lenalidomide (a blood cancer drug); EBITDA (profit before interest, tax, depreciation and amortisation) was ₹1,783 crore, a 20.6% margin.13
  • Profit after tax attributable to shareholders was ₹925 crore, a 10.7% margin; net cash surplus (cash above borrowings) was ₹2,502 crore at the end of September 2026.14
  • In the year to Mar 2026, consolidated revenue grew 3.2% to ₹335,933 million and EBITDA was ₹76,595 million, a 22.8% margin; excluding one-off items, the company puts growth at 4.6% and the margin at 24.7%.1516

Market position

  • It ranked 8th in the Indian pharmaceutical market in the quarter to Sep 2026 and 9th over the year to Sep 2026; its India sales grew 21.0% in the quarter, against 14.7% for the market.17
  • Its annual report for the year to Mar 2026 ranks it 6th in the US generics market; its US sales excluding lenalidomide grew 12.4% in the year to Aug 2026, against 2.1% for that market.1819

Business segments

  • Global Generics (₹7,793 crore in the quarter to Sep 2026). Branded and unbranded prescription medicines, including biosimilars, peptides and injectables, and consumer health products.2021
  • Pharmaceutical Services and Active Ingredients (₹831 crore). APIs and intermediates, plus contract development and manufacturing (CDMO) through Aurigene Pharmaceutical Services, whose CDMO revenue passed $100 million in the 12 months to Sep 2026.202223
  • Others. The cancer-drug research subsidiary Aurigene Oncology and a proprietary products business; revenue was ₹2.1 billion, 1% of sales, in the year to Mar 2026.2425

Where revenue comes from

  • Global Generics revenue by region262728
    Itemquarter to Sep 2026
    North America₹2,489 crore
    Emerging Markets₹2,059 crore
    India₹1,851 crore
    Europe₹1,393 crore
  • North America revenue fell 23% on a year earlier in the quarter to Sep 2026 on lower lenalidomide sales, while Emerging Markets grew 24% and India 17%.292728
  • Branded businesses (India, Emerging Markets and NRT) made up 53% of revenue in the quarter.30

Research and development

  • It spent ₹24,058 million on research and development in the year to Mar 2026 and has 2,769 R&D scientists.31
  • As of Sep 2026, 77 ANDAs (applications to sell a generic medicine in the US) and 3 new drug applications awaited US FDA approval, including 47 Paragraph IV filings (which challenge a patent) and 27 filed first.32
  • Its biosimilars portfolio had about 15 products as of Mar 2026, 8 of them on sale; in the quarter to Sep 2026 it won US FDA approval for a rituximab biosimilar.3334

Semaglutide

  • It was the first company approved to sell generic semaglutide (a diabetes and weight-loss medicine) in India and Canada, and launched it in India on the day the market opened.35
  • Some batches of its semaglutide API failed specifications; it set aside ₹240 crore for inventory and other costs in the quarter to Jun 2026 and said on 23 Oct 2026 it was on track to resolve the issue.3637
  • On its earnings call of 22 Jul 2026, the company said it planned to resume semaglutide supplies by November and, if API testing ending around the third week of September went well, to supply 6 to 7 million pens between November and March.3839

What the company expects

  • On its earnings call of 22 Jul 2026, the company said the goal date (target decision date) for its abatacept biosimilar, a rheumatoid arthritis drug, was mid-December 2026 and that it planned to launch on approval.4041
  • In its presentation of 23 Oct 2026, the company said it had partnered with Takeda for QDENGA, India's first regulator-approved dengue vaccine, and planned to launch it in private markets in the first half of 2027.42

Litigation and regulatory matters

  • In US lawsuits alleging generic drug makers fixed prices from about 2009, its US subsidiary is named for 23 drugs; the company denies wrongdoing. Its annual report of 30 Jun 2026 expected bellwether (test) trials naming the subsidiary in late 2026 or 2027.4344
  • US buyers and insurers allege that its patent settlement with Celgene and BMS over Revlimid (lenalidomide) delayed generic entry; as of its annual report of 30 Jun 2026, motions to dismiss were pending and no trial date was set.45
  • Between Jul and Oct 2026, the US FDA issued Form 483s (lists of inspection observations) with 2 to 4 observations each at a Srikakulam process unit and formulation plants in Bachupally, Pydibhimavaram and Visakhapatnam; the company has responded or plans to.46
  • In June 2026 the US FDA issued a Form 483 with 7 observations after a pre-licence inspection of its biologics plant in Bachupally, Hyderabad; the company said it had already responded.47

Last updated

All 47 sources, each with its page
  1. 1. Annual report, 30 Jun 2026, page 4
  2. 2. Annual report, 30 Jun 2026, page 83
  3. 3. Annual report, 30 Jun 2026, page 53
  4. 4. Annual report, 30 Jun 2026, page 6
  5. 5. Annual report, 30 Jun 2026, page 48
  6. 6. Annual report, 30 Jun 2026, page 248
  7. 7. Annual report, 30 Jun 2026, page 248
  8. 8. Annual report, 30 Jun 2026, page 129
  9. 9. Earnings call, 22 Jul 2026, page 6
  10. 10. Annual report, 30 Jun 2026, page 129
  11. 11. Annual report, 30 Jun 2026, page 129
  12. 12. Annual report, 30 Jun 2026, page 114
  13. 13. Investor presentation, 23 Oct 2026, page 4
  14. 14. Investor presentation, 23 Oct 2026, page 4
  15. 15. Annual report, 30 Jun 2026, page 14
  16. 16. Annual report, 30 Jun 2026, page 5
  17. 17. Investor presentation, 23 Oct 2026, page 11
  18. 18. Annual report, 30 Jun 2026, page 52
  19. 19. Investor presentation, 23 Oct 2026, page 9
  20. 20. Investor presentation, 23 Oct 2026, page 7
  21. 21. Annual report, 30 Jun 2026, page 52
  22. 22. Annual report, 30 Jun 2026, page 52
  23. 23. Investor presentation, 23 Oct 2026, page 13
  24. 24. Annual report, 30 Jun 2026, page 52
  25. 25. Annual report, 30 Jun 2026, page 59
  26. 26. Investor presentation, 23 Oct 2026, page 7
  27. 27. Investor presentation, 23 Oct 2026, page 10
  28. 28. Investor presentation, 23 Oct 2026, page 11
  29. 29. Investor presentation, 23 Oct 2026, page 9
  30. 30. Investor presentation, 23 Oct 2026, page 7
  31. 31. Annual report, 30 Jun 2026, page 14
  32. 32. Investor presentation, 23 Oct 2026, page 9
  33. 33. Annual report, 30 Jun 2026, page 53
  34. 34. Investor presentation, 23 Oct 2026, page 5
  35. 35. Annual report, 30 Jun 2026, page 50
  36. 36. Investor presentation, 23 Oct 2026, page 4
  37. 37. Investor presentation, 23 Oct 2026, page 6
  38. 38. Earnings call, 22 Jul 2026, page 5
  39. 39. Earnings call, 22 Jul 2026, page 10
  40. 40. Earnings call, 22 Jul 2026, page 15
  41. 41. Earnings call, 22 Jul 2026, page 11
  42. 42. Investor presentation, 23 Oct 2026, page 11
  43. 43. Annual report, 30 Jun 2026, page 243
  44. 44. Annual report, 30 Jun 2026, page 244
  45. 45. Annual report, 30 Jun 2026, page 245
  46. 46. Investor presentation, 23 Oct 2026, page 6
  47. 47. Earnings call, 22 Jul 2026, page 6

Results

Consolidated; ₹ crore.Dr. Reddy's Laboratories quarterly results

Revenue growth, 12 months
−3.5%
Net profit growth, 12 months
−51.5%

Quarter to Sep 2026, against the quarter before

Revenue
₹8,698 Crup 7.38%
Net profit
₹913 Crup 109.64%
Net margin
10.5%

Revenue by quarter

₹8,381 CrDec 24₹8,528 CrMar 25₹8,572 CrJun 25₹8,828 CrSep 25₹8,753 CrDec 25₹7,546 CrMar 26₹8,100 CrJun 26₹8,698 CrSep 26
Peak revenue ₹8,828 Cr, quarter to Sep 2025; lowest ₹7,546 Cr, quarter to Mar 2026

Net profit by quarter, a loss in red

₹1,404 CrDec 24₹1,587 CrMar 25₹1,410 CrJun 25₹1,337 CrSep 25₹1,190 CrDec 25₹221 CrMar 26₹436 CrJun 26₹913 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue8,3818,5288,5728,8288,7537,5468,1008,698
Net profit1,4041,5871,4101,3371,190221436913
Net margin16.8%18.6%16.4%15.1%13.6%2.9%5.4%10.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Global Generics₹29,946 Crup 3.33%87.0%
  • Pharmaceutical Services and Active Ingredients₹4,267 Crdown 2.73%12.4%
  • Others₹214 Cr0.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.Dr. Reddy's Laboratories PE ratio and valuation

Price to earnings

At or below today's level on 85% of 2,479 trading days over the last 10 years.

LowestHighest
Its median26.31Industry median27.53
Price to book

At or below today's level on 8% of 1,985 trading days since Oct 2018.

LowestHighest
Its median3.58Industry median2.88
Dividend yield

At or below today's level on 23% of 2,475 trading days over the last 10 years.

LowestHighest
Its median0.66%Industry median0.48%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+10.3%−25.7%+47.7%0.6%
3 years+11.4%−2.4%+13.5%0.7%
5 years+7.5%+16.5%−8.3%0.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Dr. Reddy's Laboratories shareholding pattern

Shareholding by group

  • Promoters26.63%
  • Foreign institutions31.39%
  • Indian institutions31.88%
  • Individuals and others9.90%
  • Employee trusts0.19%
Holder
LIFE INSURANCE CORPORATION OF INDIA P & GS FUNDInsurance companies12.14%
GVP Family TrustPromoter11.51%
J P Morgan Chase Bank NAOverseas depositories11.10%
VSD Family TrustPromoter9.06%
KALLAM SATISH REDDY HUFPromoter3.31%
NPS TRUST-A/C SBI PENSION FUND SCHEME TAX SAVER-TIER 2Provident and pension funds2.93%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.01 pts, foreign institutions −0.68 pts, Indian institutions +0.14 pts, mutual funds +0.98 pts.

Mutual fund holdings

282 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 143 of the 187 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.All 282 funds holding Dr. Reddy's Laboratories

Bought for the first time
7
Bought again
18
Added
127
Cut
60
Held unchanged
68
Sold out
7
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 31 Oct 2025.Dr. Reddy's Laboratories insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 6 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Dr. Reddy's Laboratories competitors and peers

Pharmaceuticals, 215 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Dr. Reddy's Laboratories in market cap.Healthcare companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Divi's Laboratories logoDivi's LaboratoriesDIVISLAB2,59,62888.7615.49+16.3%+26.8%18.4%20.8%0.31%
Torrent Pharmaceuticals logoTorrent PharmaceuticalsTORNTPHARM1,75,47982.629.55+42.1%−0.7%15.8%12.0%0.82%
Laurus Labs logoLaurus LabsLAURUSLABS1,29,97297.0021.45+23.0%+95.9%24.7%21.8%0.08%
Zydus Lifesciences logoZydus LifesciencesZYDUSLIFE1,24,23927.534.58+21.1%−1.3%17.7%15.9%0.08%
Cipla logoCiplaCIPLA1,11,39738.453.15−0.7%−46.8%8.5%9.7%0.94%
Mankind Pharma logoMankind PharmaMANKIND1,02,96445.795.86+13.3%+28.4%13.7%13.6%0.00%
Aurobindo Pharma logoAurobindo PharmaAUROPHARMA96,74426.062.55+9.1%+9.5%10.5%11.5%0.00%
Lupin logoLupinLUPIN91,96116.634.10+28.2%+49.5%27.9%28.2%0.90%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dr. Reddy's Laboratories dividend history

Dividend per share, ₹, restated for later splits and bonuses

4Mar 174Mar 184Mar 195Mar 205Mar 216Mar 228Mar 238Mar 248Mar 258Mar 26
Highest ₹8.00 a share, in 4 years, the latest the year to Mar 2026.
Ex-dateTypePer share
10 Jul 2026Final₹8.00
10 Jul 2025Final₹8.00
16 Jul 2024Final₹40.00
11 Jul 2023Final₹40.00
11 Jul 2022Final₹30.00
9 Jul 2021Final₹25.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Dr. Reddy's Laboratories announcements

Dr. Reddy's Laboratories share price by year

Each calendar year to 2025.Dr. Reddy's Laboratories share price history

YearClose at year endChangeHighest closeLowest close
20251,271.40−8.4%1,375.051,087.90
20241,388.50+19.7%1,412.491,127.08
20231,159.58+36.8%1,190.67840.19
2022847.51−13.6%970.63743.77
2021981.40−5.7%1,115.14842.55
20201,041.02+81.1%1,066.67524.79
2019574.91+9.9%595.35498.51
2018523.30+8.4%544.44378.61
2017482.84−21.1%631.83386.22
2016612.08−1.6%735.33551.42
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 20261,343.501,352.801,336.101,345.001,343.1620,20,77261.4%
28 Oct 20261,302.001,338.201,301.001,335.401,326.7728,39,06363.6%
27 Oct 20261,309.001,323.701,299.401,310.001,315.9822,01,00247.3%
26 Oct 20261,260.001,319.001,224.001,310.901,285.021,00,03,27028.7%
23 Oct 20261,236.201,250.601,215.601,229.501,229.8415,50,20651.1%
22 Oct 20261,236.001,250.701,212.701,239.001,232.2028,05,31053.1%
21 Oct 20261,245.001,252.001,232.501,244.501,241.8512,23,75952.2%
19 Oct 20261,232.001,245.001,227.001,242.501,237.3710,23,83747.8%
16 Oct 20261,222.001,233.001,214.101,233.001,223.9512,61,02852.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
28 Oct 2024Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
Satish Reddy Kallam
At the end of the quarter to Sep 2026
Managing director
Gunupati Venkateswara Prasad
At the end of the quarter to Sep 2026
NSE symbol
DRREDDY
BSE code
500124
ISIN
INE089A01031
Industry
Pharmaceuticals & Biotechnology
CIN
L85195TG1984PLC004507
Corporate identity number, the registrar of companies' code for it
Incorporated
1984
Registered office
8-2-337, Road No. 3, Banjara Hills, Hyderabad 500034, Telangana
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments