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. In the quarter to June 2026, revenue fell 14.4%, EPS fell 70.0%, free cash flow fell 143.4% and total debt rose 34.0%, each against the same quarter a year earlier.

13.05 0.15 +1.16%
Market cap
$10.7B
P/E
32.9×
Fwd P/E
24.3×
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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Dr. Reddy's Laboratories Ltd (RDY) trades at a P/E ratio of 32.9×. Over the past ten years it has ranged from 15.9× (October 2019) to 58.5× (December 2020); the current reading is higher than 71% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 19.2× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 25.8× 29.03%
FY2025 20.0× 9.18%
FY2024 18.3× 7.03%
FY2023 17.1× (42.77%)
FY2022 29.9× (30.57%)
FY2021 43.0× 74.94%
FY2020 24.6× (2.31%)
FY2019 25.2× (28.48%)
FY2018 35.2× (4.39%)
FY2017 36.8× 42.86%

Quarterly newest first

Period P/E ratio Change
Jun 2026 36.5× 41.51%
Mar 2026 25.8× 41.42%
Dec 2025 18.2× 5.65%
Sep 2025 17.3× (24.21%)
42 more quarters

Against its own ten years

Low 15.9× High 58.5×
Ten-year median 25.7×
Current reading's percentile 69

P/E ratio against peers

Company P/E ratio
HIMS Hims & Hers Health, Inc. compare n/m
VTRS Viatris Inc. compare n/m
ELAN Elanco Animal Health Incorporated compare n/m
NBIX Neurocrine Biosciences, Inc. compare 19.2×
LNTH Lantheus Holdings, Inc. compare 23.7×
RDY Dr. Reddy's Laboratories Ltd 32.9×
AMRX AMNEAL PHARMACEUTICALS, INC. compare 38.4×
KNSA Kiniksa Pharmaceuticals International, plc compare 73.4×
ALKS Alkermes plc compare 102×
Drug Manufacturers Specialty & Generic industry median 19.2×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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