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DR. REDDYS LAB vs CIPLA - Comparison Results

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Current Valuations

    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%  

Financials

 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 Rs6,5061,519 428.3%   
Low Rs4,383886 494.9%   
Sales per share (Unadj.) Rs1,679.1319.3 525.8%  
Earnings per share (Unadj.) Rs334.451.5 649.5%  
Cash flow per share (Unadj.) Rs422.564.5 655.0%  
Dividends per share (Unadj.) Rs8.0013.00 61.5%  
Avg Dividend yield %0.11.1 13.6%  
Book value per share (Unadj.) Rs1,685.9329.8 511.2%  
Shares outstanding (eoy) m166.82807.15 20.7%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x3.23.8 86.1%   
Avg P/E ratio x16.323.4 69.7%  
P/CF ratio (eoy) x12.918.6 69.1%  
Price / Book Value ratio x3.23.6 88.6%  
Dividend payout %2.425.3 9.5%   
Avg Mkt Cap Rs m908,234970,457 93.6%   
No. of employees `000NANA-   
Total wages/salary Rs m50,30143,100 116.7%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m280,111257,741 108.7%  
Other income Rs m8,9437,466 119.8%   
Total revenues Rs m289,054265,207 109.0%   
Gross profit Rs m79,47860,962 130.4%  
Depreciation Rs m14,70010,510 139.9%   
Interest Rs m1,711899 190.4%   
Profit before tax Rs m72,01057,019 126.3%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m16,23115,466 104.9%   
Profit after tax Rs m55,77941,553 134.2%  
Gross profit margin %28.423.7 120.0%  
Effective tax rate %22.527.1 83.1%   
Net profit margin %19.916.1 123.5%  
BALANCE SHEET DATA
Current assets Rs m247,886193,925 127.8%   
Current liabilities Rs m95,88052,458 182.8%   
Net working cap to sales %54.354.9 98.9%  
Current ratio x2.63.7 69.9%  
Inventory Days Days7295 76.0%  
Debtors Days Days1057 1,548.7%  
Net fixed assets Rs m130,174126,886 102.6%   
Share capital Rs m8341,615 51.7%   
"Free" reserves Rs m280,401264,584 106.0%   
Net worth Rs m281,235266,199 105.6%   
Long term debt Rs m5,9900-   
Total assets Rs m378,060321,300 117.7%  
Interest coverage x43.164.4 66.9%   
Debt to equity ratio x00-  
Sales to assets ratio x0.70.8 92.4%   
Return on assets %15.213.2 115.1%  
Return on equity %19.815.6 127.1%  
Return on capital %25.721.8 118.0%  
Exports to sales %52.422.2 236.2%   
Imports to sales %16.29.2 176.4%   
Exports (fob) Rs m146,70257,150 256.7%   
Imports (cif) Rs m45,34823,657 191.7%   
Fx inflow Rs m146,70274,800 196.1%   
Fx outflow Rs m45,34823,657 191.7%   
Net fx Rs m101,35451,143 198.2%   
CASH FLOW
From Operations Rs m45,43341,339 109.9%  
From Investments Rs m-40,283-29,880 134.8%  
From Financial Activity Rs m-3,763-12,004 31.3%  
Net Cashflow Rs m1,328-490 -271.1%  

Share Holding

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 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare DR. REDDYS LAB With:   DIVIS LABORATORIES    SUN PHARMA    MANKIND PHARMA    ZYDUS LIFESCIENCES    SUPRIYA LIFESCIENCE     


More on Dr. Reddys vs Cipla

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Dr. Reddys vs Cipla Share Price Performance

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.



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