DRREDDY
PharmaceuticalsDr. Reddy's Laboratories Ltd.
Dr. Reddys Laboratories Limited or DRREDDY
It is a 25–year old company catering to the needs of the pharmaceutical sector, and it began its operation in 1984 in the Active Pharmaceutical Ingredients (API) section. It started with a single drug in a 60-ton facility near Hyderabad and also shipped its first consignment of the Methyldopa drug towards West Germany in 1986.
The Company is among the top three API players worldwide. Also, it is a global pharmaceutical company, which has its headquarters in India. It also has a global presence in 100+ countries, with its subsidiaries in the countries such as the UK, US, Germany, Russia, and Brazil. And joint ventures in Australia, China, and South Africa. And representative offices in 16 countries and third–party distribution setups in about 21 countries.
It is also the first pharmaceutical company in Asia, outside Japan, which is listed on the NYSE and largest player in the custom pharmaceutical services or CPS business in India. It has launched brands such as Nise, Ciprolet, Enam, Stamlo, Omez, and Ketorol, and many others.
The Company also launched Imitrex (sumatriptan succinate) tablets in several dosages of 25mg, 50mg, and 100mg in the US. Also, it is the authorized generic version of the GlaxoSmithKline’s Imitrex. It is the first company to launch Imitrex (with its generic version) in the US market. Such tablets are for the treatment of migraine in adults.
3 Technology development centers (2 in Hyderabad, INDIA; 1 in Cambridge, UK).
- Trades at a P/E of 20.8, with a return on equity (ROE) of 21.4%.
- DRREDDY is trading below all of its key moving averages (10/20/50/100/200-DMA) — a bearish technical setup.
- Year-to-date it is down 5.22%, and down 4.65% over the past year.
- At ₹1,153.90 it sits about 17% of the way up its 52-week range (₹1,101.00–₹1,414.90).
- Offers a dividend yield of 0.58%.
- Market capitalisation stands at ₹19,255 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹16,962 Cr | ₹2,613 Cr | ₹156.90 | 15.41% |
| Mar 2022 | ₹14,405 Cr | ₹1,623 Cr | ₹97.53 | 11.27% |
| Mar 2021 | ₹19,048 Cr | ₹1,952 Cr | ₹117.35 | 10.25% |
| Mar 2021 | ₹19,048 Cr | ₹1,952 Cr | ₹117.35 | 10.25% |
| Mar 2020 | ₹17,517 Cr | ₹2,026 Cr | ₹121.92 | 11.57% |
| Mar 2020 | ₹17,517 Cr | ₹2,026 Cr | ₹121.92 | 11.57% |
| Mar 2019 | ₹15,448 Cr | ₹1,950 Cr | ₹117.47 | 12.62% |
| Mar 2019 | ₹15,448 Cr | ₹1,950 Cr | ₹117.47 | 12.62% |
| Mar 2018 | ₹14,281 Cr | ₹947 Cr | ₹57.04 | 6.63% |
| Mar 2017 | ₹14,196 Cr | ₹1,292 Cr | ₹77.93 | 9.1% |
| Mar 2016 | ₹15,568 Cr | ₹2,131 Cr | ₹124.89 | 13.69% |
| Mar 2015 | ₹15,023 Cr | ₹2,336 Cr | ₹133.04 | 15.55% |
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| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 25 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 97,226 | ₹4,377.10 |
| 25 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 97,226 | ₹4,377.10 |
| 17 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 1,52,789 | ₹4,310.80 |
| 17 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 1,52,789 | ₹4,310.80 |
| 11 Oct 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 1,49,405 | ₹4,380.00 |
| 11 Oct 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 1,49,405 | ₹4,380.00 |
| 19 Sept 2022 | ISHARES CORE EMERGING MARKETS MAURITIUS CO | SALE | 1,01,622 | ₹4,077.35 |
| 19 Sept 2022 | ISHARES CORE MSCI EMERGING MARKETS ETF | PURCHASE | 1,01,622 | ₹4,077.35 |
| 01 Aug 2022 | ISHARES INDIA INDEX MAURITIUS COMPANY | SALE | 1,37,594 | ₹4,090.35 |
| 01 Aug 2022 | ISHARES MSCI INDIA ETF | PURCHASE | 1,37,594 | ₹4,090.35 |
| 18 Jul 2022 | ISHARES INDIA 50 ETF | PURCHASE | 19,328 | ₹4,546.00 |
| 18 Jul 2022 | ISHARES INDIA INDEX MAURITIUS COMPANY | SALE | 1,38,419 | ₹4,546.00 |
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