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% on a QoQ basis from 20.84% in Q1 2023.

Dr Reddys Laboratories (RDY) Net Margin (2009 - 2023) Analysis & Trends

Dr Reddys Laboratories (RDY) has reported Net Margin for 15 consecutive years, with 21.5% the latest figure, recorded in Q2 2023.

  • Quarterly Net Margin changed N/A year-over-year to 21.5% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.0% (changed N/A YoY) and the FY2026 annual result came in at 12.74%, down 466.0% from the prior year.
  • Net Margin improved to 21.5% in Q2 2023 per RDY's latest filing, from 20.84% in the prior quarter.
  • Over the last five years, Net Margin for RDY reached as high as 22.73% in Q2 2019 and fell as low as 16.0% in Q3 2020.
  • A 5-year average of 12.07% and a median of 17.25% in 2021 frame the typical range for Net Margin.
  • The largest YoY upside for Net Margin was 957 bps in 2019 against a maximum downside of 2560 bps in 2019.
  • Year by year, Net Margin stood at 13.03% in 2019, then slipped by 23 bps to 16.0% in 2020, then surged by 208 bps to 17.25% in 2021, then fell by 12 bps to 15.25% in 2022, then soared by 41 bps to 21.5% in 2023.
  • According to Business Quant data, Net Margin over the past three periods registered 21.5%, 20.84%, and 15.25% for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 9.29%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 26.57%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn -33.66%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 35.18%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 5.03%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 24.30%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 4.16%
10 Dr Reddys Laboratories 9.82 Bn 9.66 Bn - -

Historic Data

Download Data
DateValue
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%