Dr. Reddy's Laboratories Ltd

RDY Healthcare Drug Manufacturers Specialty & Generic

Dr. Reddy's Laboratories Ltd’s revenue for fiscal 2026 (year ended March 2026) was $3.6 billion, down 6.06% from fiscal 2025.

Revenue
−10.1%
EPS
−36.8%
Free cash flow
−70.5%
Total debt
+14.1%

Quarter to September 2026, against a year earlier

14.53 0.24 −1.62%
Market cap
$12.1B
P/E
44.4×
Fwd P/E
30.7×
Dividend yield
0.00%
F-score
4/9
Altman Z
5.26
Beneish M
−2.59
Dividend safety
74/100

Dr. Reddy's Laboratories Ltd (RDY) Current ratio

Alert me on Current ratio

Dr. Reddy's Laboratories Ltd's current ratio at the end of the quarter to 30 September 2026 was 1.9×, up 0.1× from fiscal 2026 (1.8×). Over the past ten years it has ranged from 1.2× (fiscal 2017) to 2.6× (fiscal 2024); the current reading is higher than 42% of that period. That is below the Drug Manufacturers Specialty & Generic industry median of 2.4× and below the Healthcare sector median of 3.1×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 1.8× (6.06%)
FY2025 1.9× (25.77%)
FY2024 2.6× 7.11%
FY2023 2.4× 24.67%
FY2022 1.9× 8.80%
FY2021 1.8× (0.66%)
FY2020 1.8× (6.72%)
FY2019 1.9× 21.93%
FY2018 1.6× 33.28%
FY2017 1.2× (36.22%)

Quarterly newest first

Period Current ratio Change
Sep 2026 1.9× 1.18%
Jun 2026 1.9× 5.68%
Mar 2026 1.8× (4.17%)
Dec 2025 1.9× 1.51%
43 more quarters

Against its own ten years

Low 1.2× High 2.6×
Ten-year median 1.9×
Current reading's percentile 42

Current ratio against peers

Company Current ratio
KNSA Kiniksa Pharmaceuticals International, plc compare 3.9×
LNTH Lantheus Holdings, Inc. compare 3.2×
ALKS Alkermes plc compare 2.4×
ELAN Elanco Animal Health Incorporated compare 2.1×
NBIX Neurocrine Biosciences, Inc. compare 2.0×
RDY Dr. Reddy's Laboratories Ltd 1.9×
AMRX AMNEAL PHARMACEUTICALS, INC. compare 1.9×
VTRS Viatris Inc. compare 1.6×
HIMS Hims & Hers Health, Inc. compare 0.9×
Drug Manufacturers Specialty & Generic industry median 2.4×
Healthcare sector median 3.1×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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