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Health Technology

Dr. Reddy's Laboratories Ltd.

Business Summary

Dr. Reddy's Laboratories Ltd. engages in the manufacture and marketing of pharmaceutical products. It operates through the following segments: Global Generics, Pharmaceutical Services and Active Ingredients, Proprietary Products, and Others. The Global Generics segment consists of manufacturing and marketing of prescription and over-the-counter finished pharmaceutical products ready for consumption by the patient, marketed under a brand name or as generic finished dosages with therapeutic equivalence to branded formulations. The Pharmaceutical Services and Active Ingredients segment is comprised of manufacturing and marketing of active pharmaceutical ingredients and intermediates, also known as API or bulk drugs, which are principal ingredients for finished pharmaceutical products. The Proprietary Products segment focuses on research, development, and manufacture of differentiated formulations and new chemical entities. The Others segment includes the operations of the wholly-owned subsidiary of the company, Aurigene Discovery Technologies Limited, a discovery stage biotechnology company developing novel and best-in-class therapies in the fields of oncology and inflammation and which works with pharmaceutical and biotechnology companies in early-stage collaborations, brining drug candidates for pre-clinical development. The company was founded by Kallam Anji Reddy on February 24, 1984 and is headquartered in Hyderabad, India.

Financial Highlights

Mar 2020 INRUSD
Revenue174,600M2,462.41M
Gross Profit88,078M1,242.17M
Operating income28,637M403.87M
Income before tax17,471M246.39M
Net income19,498M274.98M
EBITDA41,109M579.76M
Diluted EPS117.391.65
Dividends Per Share250.35
Total Assets232,241M3,069.88M
Total liabilities77,253M1,021.17M
Total equity154,988M2,048.71M
Operating cash flow29,249M412.50M
Currency in INRCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 154,708M 140,809M 142,028M 153,851M 174,600M
Gross Profit 87,272M 73,531M 71,189M 78,008M 88,078M
Operating income 28,806M 12,878M 11,182M 19,584M 28,637M
Income before tax 26,911M 14,304M 13,997M 22,005M 17,471M
Net income 20,013M 12,039M 9,806M 18,795M 19,498M
EBITDA 39,056M 24,155M 22,892M 31,774M 41,109M
Diluted EPS 116.99 72.09 59.01 113.09 117.39
Dividends Per Share 20 20 20 20 25
Total Assets 207,650M 219,821M 225,604M 225,427M 232,241M
Total liabilities 79,314M 95,777M 99,144M 85,230M 77,253M
Total equity 128,336M 124,044M 126,460M 140,197M 154,988M
Operating cash flow 41,613M 21,216M 17,110M 27,878M 29,249M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 2,363.00M 2,099.83M 2,203.14M 2,199.67M 2,462.41M
Gross Profit 1,332.99M 1,096.54M 1,104.28M 1,115.31M 1,242.17M
Operating income 439.98M 192.04M 173.45M 280.00M 403.87M
Income before tax 411.03M 213.31M 217.12M 314.61M 246.39M
Net income 305.67M 179.53M 152.11M 268.71M 274.98M
EBITDA 596.54M 360.21M 355.10M 454.28M 579.76M
Diluted EPS 1.78 1.07 0.91 1.61 1.65
Dividends Per Share 0.30 0.29 0.31 0.28 0.35
Total Assets 3,135.64M 3,385.24M 3,459.03M 3,254.08M 3,069.88M
Total liabilities 1,197.68M 1,474.96M 1,520.10M 1,230.31M 1,021.17M
Total equity 1,937.95M 1,910.27M 1,938.92M 2,023.77M 2,048.71M
Operating cash flow 635.59M 316.38M 265.41M 398.58M 412.50M

Valuation Measures

Mar 2020
PER26.49
ROA8.52%
ROE13.21%
Operating margin16.40%
Profit margin11.16%

Key executives

  • Chief Executive & Operating Officer: Erez Israeli
  • President, CFO & Global Head-IT: Saumen Chakraborty
  • Secretary & Compliance Officer: Sandeep Poddar
  • Executive Vice President & Head-Branded Markets: M. V. Ramana
  • Chief Human Resource Officer & Executive VP: Archana Bhaskar

Shareholders

  • Dr. Reddy's Holdings Ltd. (24.8%)
  • Life Insurance Corp of India (5.0%)
  • First Sentier Investors (Australia) IM Ltd. (4.9%)
  • SBI Funds Management Pvt Ltd. (2.4%)
  • BlackRock Fund Advisors (1.5%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (1.4%)
  • Axis Asset Management Co. Ltd. (1.4%)
  • The Vanguard Group, Inc. (1.3%)
  • DSP Investment Managers Pvt Ltd. (1.1%)
  • Aditya Birla Sun Life AMC Ltd. (1.0%)

Contact Details

  • Website:http://www.drreddys.com
  • Address: Door No. 8-2-337, Road No. 3, Hyderabad, 500034, India
  • Phone: +91.40.49002900

Related Companies

  • Dr. Reddy's Farmaceutica do Brasil Ltda.
  • Dr. Reddy's Employees ESOS Trust
  • Dr. Reddy's Research Foundation
  • BMS Laboratories Ltd.
  • Wockhardt Ltd. /Domestic Formulations Bus/
  • Imperial Credit Pvt Ltd.
  • Ducere Pharma LLC/Otc Bus/
  • UCB SA /Established Product Bus/
  • Dr. Reddy's Laboratories SA
  • Zenovus Biotech Pvt Ltd.
  • Regkinetics Services Ltd.
  • Dr. Reddy's Bio-Sciences Ltd.
  • Idea2Enterprises (India) Pvt Ltd.
  • Industrias Quimicas Falcon de Mexico SA de CV
  • Kunshan Rotam Reddy Pharmaceutical Co., Ltd.
  • Aurigene Discovery Technologies Ltd.
  • Perlecan Pharma Pvt Ltd.
  • Macred India Pvt Ltd.
  • BASF SE /Pharmaceutical Contract Manufacturing Unit/
  • Dowpharma /Small Molecules Business/
  • Laboratorios Litaphar SA
  • F. Hoffmann-La Roche Ltd. /Drug Ingredient Making Plant/
  • Trigenesis Therapeutics, Inc.
  • OctoPlus N.V.

Competitors

  • Perrigo Co. Plc
  • KRKA dd
  • Pfizer Inc.
  • Mylan N.V.
  • Teva Pharmaceutical Industries Limited
  • Hikma Pharmaceuticals Plc
  • Novartis AG
  • Takeda Pharmaceutical Co. Ltd.
  • Bayer AG
  • Sanofi
  • Pfizer Limited
  • Lupin Limited
  • Glenmark Pharmaceuticals Limited
  • Cipla Limited
  • Alkem Laboratories Ltd.
  • Fresenius SE & Co. KGaA
  • Nichi-Iko Pharmaceutical Co., Ltd.
  • Cadila Healthcare Limited
  • Chemical Works of Gedeon Richter Plc
  • STADA Arzneimittel AG
  • Sanofi India Limited
  • GlaxoSmithKline Pharmaceuticals Limited
  • Sun Pharmaceutical Industries Limited
  • Piramal Enterprises Ltd.
  • Abbott India Limited
  • Endo International Plc
  • Hindustan Unilever Limited
  • Lonza Group AG
  • Aurobindo Pharma Ltd
  • Catalent Inc
Last Updated on 18 Sep, 2020

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