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

14.80 0.27 +1.86%
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) Gross margin

Alert me on Gross margin

Dr. Reddy's Laboratories Ltd's gross margin over the twelve months to 30 September 2026 was 49.2%, down 3.6 percentage points from fiscal 2026 (52.8%). Over the past ten years it has ranged from 52.8% (fiscal 2026) to 59.7% (fiscal 2016) — the current reading is the lowest in ten years. That is below the Drug Manufacturers Specialty & Generic industry median of 53.5% and below the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 52.8% (5.74)
FY2025 58.5% (0.09)
FY2024 58.6% 1.92
FY2023 56.7% 3.57
FY2022 53.1% (1.21)
FY2021 54.3% 0.48
FY2020 53.8% (0.41)
FY2019 54.3% 0.51
FY2018 53.7% (1.90)
FY2017 55.6% (4.02)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 52.1% 5.59
Jun 2026 46.5% 5.54
Mar 2026 41.0% (12.63)
Dec 2025 53.6% (1.04)
43 more quarters

Against its own ten years

Low 52.8% High 59.7%
Ten-year median 55.0%
Current reading's percentile 2

Gross margin against peers

Company Gross margin
NBIX Neurocrine Biosciences, Inc. compare 97.8%
KNSA Kiniksa Pharmaceuticals International, plc compare 90.2%
ALKS Alkermes plc compare 82.9%
HIMS Hims & Hers Health, Inc. compare 68.4%
LNTH Lantheus Holdings, Inc. compare 61.3%
ELAN Elanco Animal Health Incorporated compare 55.4%
RDY Dr. Reddy's Laboratories Ltd 49.2%
AMRX AMNEAL PHARMACEUTICALS, INC. compare 40.2%
VTRS Viatris Inc. compare 35.3%
Drug Manufacturers Specialty & Generic industry median 53.5%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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