Dr Reddys Laboratories (RDY) Net Margin (2009 - 2023)
Dr Reddys Laboratories (RDY) posted quarterly Net Margin of 21.5% for Q2 2023, up 3.16% quarter-over-quarter from 20.84% in Q1 2023.
Dr Reddys Laboratories (RDY) Net Margin (2009 - 2023) Analysis & Trends
Dr Reddys Laboratories' Net Margin history runs 15 years deep, the most recent figure standing at 21.5% for Q2 2023.
- In Q2 2023, Net Margin changed N/A year-over-year to 21.5%; the TTM figure through Jun 2023 stood at 0.0% (changed N/A YoY), while the FY2026 annual figure was 12.74%, down 466.0% from the prior year.
- Net Margin for Q2 2023 stood at 21.5%, up from 20.84% in the prior quarter.
- The five-year high for Net Margin was 22.73% in Q2 2019, with the low at 16.0% in Q3 2020.
- The 5-year median for Net Margin is 17.25% (2021), against an average of 12.07%.
- Peak annual rise in Net Margin reached 957 bps in 2019, while the deepest fall reached 2560 bps in 2019.
- Dr Reddys Laboratories' Net Margin stood at 13.03% in 2019, then fell by 23 bps to 16.0% in 2020, then surged by 208 bps to 17.25% in 2021, then slipped by 12 bps to 15.25% in 2022, then soared by 41 bps to 21.5% in 2023.
- Business Quant data shows RDY's Net Margin at 21.5% in Q2 2023, 20.84% in Q1 2023, and 15.25% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.65 Bn | 42.68 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.09 Bn | 39.44 Bn | 2.15 Bn | -13.91% |
| 3 | Zoetis | 31.54 Bn | 29.86 Bn | 1.05 Bn | 35.09% |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn | 9.28% |
| 5 | United Therapeutics | 22.11 Bn | 19.45 Bn | 683.80 Mn | 42.51% |
| 6 | Viatris | 18.77 Bn | 17.88 Bn | 1.46 Bn | -3.16% |
| 7 | Neurocrine Biosciences | 15.62 Bn | 15.23 Bn | 935.80 Mn | 15.06% |
| 8 | Elanco Animal Health | 12.07 Bn | 11.54 Bn | 798.00 Mn | 3.95% |
| 9 | Dr Reddys Laboratories | 10.09 Bn | 9.93 Bn | - | - |
| 10 | Alkermes | 8.20 Bn | 7.54 Bn | 397.90 Mn | 0.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 21.50% |
| Mar 31, 2023 | 20.84% |
| Dec 31, 2022 | 15.25% |
| Jun 30, 2021 | 17.25% |
| Mar 31, 2021 | 11.61% |
| Sep 30, 2020 | -16.00% |
| Jun 30, 2020 | 22.21% |
| Mar 31, 2020 | 13.14% |
| Sep 30, 2019 | -13.03% |
| Jun 30, 2019 | 22.73% |
| Mar 31, 2019 | 17.28% |
| Dec 31, 2018 | 10.84% |
| Sep 30, 2018 | 12.57% |
| Jun 30, 2018 | 13.17% |
| Mar 31, 2018 | 12.28% |
| Dec 31, 2017 | 8.53% |
| Sep 30, 2017 | 8.72% |
| Dec 31, 2016 | 8.29% |
| Sep 30, 2016 | 14.55% |
| Mar 31, 2016 | 16.70% |