DR. REDDYS LAB | CIPLA | DR. REDDYS LAB/ CIPLA |
|||
---|---|---|---|---|---|
P/E (TTM) | x | 18.7 | 26.5 | 70.7% | View Chart |
P/BV | x | 3.6 | 4.5 | 80.7% | View Chart |
Dividend Yield | % | 0.7 | 0.9 | 74.6% |
DR. REDDYS LAB CIPLA |
EQUITY SHARE DATA | |||||
---|---|---|---|---|---|
DR. REDDYS LAB Mar-24 |
CIPLA Mar-24 |
DR. REDDYS LAB/ CIPLA |
5-Yr Chart Click to enlarge
|
||
High | Rs | 6,506 | 1,519 | 428.3% | |
Low | Rs | 4,383 | 886 | 494.9% | |
Sales per share (Unadj.) | Rs | 1,679.1 | 319.3 | 525.8% | |
Earnings per share (Unadj.) | Rs | 334.4 | 51.5 | 649.5% | |
Cash flow per share (Unadj.) | Rs | 422.5 | 64.5 | 655.0% | |
Dividends per share (Unadj.) | Rs | 8.00 | 13.00 | 61.5% | |
Avg Dividend yield | % | 0.1 | 1.1 | 13.6% | |
Book value per share (Unadj.) | Rs | 1,685.9 | 329.8 | 511.2% | |
Shares outstanding (eoy) | m | 166.82 | 807.15 | 20.7% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 3.2 | 3.8 | 86.1% | |
Avg P/E ratio | x | 16.3 | 23.4 | 69.7% | |
P/CF ratio (eoy) | x | 12.9 | 18.6 | 69.1% | |
Price / Book Value ratio | x | 3.2 | 3.6 | 88.6% | |
Dividend payout | % | 2.4 | 25.3 | 9.5% | |
Avg Mkt Cap | Rs m | 908,234 | 970,457 | 93.6% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 50,301 | 43,100 | 116.7% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
---|---|---|---|---|---|
Net Sales | Rs m | 280,111 | 257,741 | 108.7% | |
Other income | Rs m | 8,943 | 7,466 | 119.8% | |
Total revenues | Rs m | 289,054 | 265,207 | 109.0% | |
Gross profit | Rs m | 79,478 | 60,962 | 130.4% | |
Depreciation | Rs m | 14,700 | 10,510 | 139.9% | |
Interest | Rs m | 1,711 | 899 | 190.4% | |
Profit before tax | Rs m | 72,010 | 57,019 | 126.3% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 16,231 | 15,466 | 104.9% | |
Profit after tax | Rs m | 55,779 | 41,553 | 134.2% | |
Gross profit margin | % | 28.4 | 23.7 | 120.0% | |
Effective tax rate | % | 22.5 | 27.1 | 83.1% | |
Net profit margin | % | 19.9 | 16.1 | 123.5% |
BALANCE SHEET DATA | |||||
---|---|---|---|---|---|
Current assets | Rs m | 247,886 | 193,925 | 127.8% | |
Current liabilities | Rs m | 95,880 | 52,458 | 182.8% | |
Net working cap to sales | % | 54.3 | 54.9 | 98.9% | |
Current ratio | x | 2.6 | 3.7 | 69.9% | |
Inventory Days | Days | 72 | 95 | 76.0% | |
Debtors Days | Days | 105 | 7 | 1,548.7% | |
Net fixed assets | Rs m | 130,174 | 126,886 | 102.6% | |
Share capital | Rs m | 834 | 1,615 | 51.7% | |
"Free" reserves | Rs m | 280,401 | 264,584 | 106.0% | |
Net worth | Rs m | 281,235 | 266,199 | 105.6% | |
Long term debt | Rs m | 5,990 | 0 | - | |
Total assets | Rs m | 378,060 | 321,300 | 117.7% | |
Interest coverage | x | 43.1 | 64.4 | 66.9% | |
Debt to equity ratio | x | 0 | 0 | - | |
Sales to assets ratio | x | 0.7 | 0.8 | 92.4% | |
Return on assets | % | 15.2 | 13.2 | 115.1% | |
Return on equity | % | 19.8 | 15.6 | 127.1% | |
Return on capital | % | 25.7 | 21.8 | 118.0% | |
Exports to sales | % | 52.4 | 22.2 | 236.2% | |
Imports to sales | % | 16.2 | 9.2 | 176.4% | |
Exports (fob) | Rs m | 146,702 | 57,150 | 256.7% | |
Imports (cif) | Rs m | 45,348 | 23,657 | 191.7% | |
Fx inflow | Rs m | 146,702 | 74,800 | 196.1% | |
Fx outflow | Rs m | 45,348 | 23,657 | 191.7% | |
Net fx | Rs m | 101,354 | 51,143 | 198.2% |
CASH FLOW | |||||
---|---|---|---|---|---|
From Operations | Rs m | 45,433 | 41,339 | 109.9% | |
From Investments | Rs m | -40,283 | -29,880 | 134.8% | |
From Financial Activity | Rs m | -3,763 | -12,004 | 31.3% | |
Net Cashflow | Rs m | 1,328 | -490 | -271.1% |
Indian Promoters | % | 26.6 | 10.9 | 244.6% | |
Foreign collaborators | % | 0.0 | 20.0 | - | |
Indian inst/Mut Fund | % | 49.0 | 52.9 | 92.7% | |
FIIs | % | 27.5 | 28.8 | 95.6% | |
ADR/GDR | % | 14.2 | 0.0 | - | |
Free float | % | 59.1 | 69.1 | 85.6% | |
Shareholders | 310,403 | 470,234 | 66.0% | ||
Pledged promoter(s) holding | % | 0.0 | 0.0 | - |
Compare DR. REDDYS LAB With: DIVIS LABORATORIES SUN PHARMA MANKIND PHARMA ZYDUS LIFESCIENCES SUPRIYA LIFESCIENCE
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | Dr. Reddys | Cipla | S&P BSE HEALTHCARE |
---|---|---|---|
1-Day | 1.73% | 0.43% | 0.67% |
1-Month | -9.35% | -3.39% | -3.33% |
1-Year | 8.30% | 18.01% | 43.33% |
3-Year CAGR | 9.63% | 18.03% | 19.82% |
5-Year CAGR | 17.20% | 25.55% | 26.27% |
* Compound Annual Growth Rate
Here are more details on the Dr. Reddys share price and the Cipla share price.
Moving on to shareholding structures...
The promoters of Dr. Reddys hold a 26.6% stake in the company. In case of Cipla the stake stands at 30.9%.
To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Dr. Reddys and the shareholding pattern of Cipla.
Finally, a word on dividends...
In the most recent financial year, Dr. Reddys paid a dividend of Rs 8.0 per share. This amounted to a Dividend Payout ratio of 2.4%.
Cipla paid Rs 13.0, and its dividend payout ratio stood at 25.3%.
You may visit here to review the dividend history of Dr. Reddys, and the dividend history of Cipla.
For a sector overview, read our pharmaceuticals sector report.
On Tuesday, Indian share markets traded on a positive note throughout the session and ended marginally higher.