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DRREDDY - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 4.1

Stock Code DRREDDY Market Cap 1,07,478 Cr. Current Price 1,287 ₹ High / Low 1,380 ₹
Stock P/E 23.2 Book Value 378 ₹ Dividend Yield 0.62 % ROCE 25.8 %
ROE 20.3 % Face Value 1.00 ₹ DMA 50 1,273 ₹ DMA 200 1,256 ₹
Chg in FII Hold -2.35 % Chg in DII Hold 2.45 % PAT Qtr 90.6 Cr. PAT Prev Qtr 387 Cr.
RSI 52.6 MACD 9.30 Volume 8,63,104 Avg Vol 1Wk 13,76,252
Low price 1,020 ₹ High price 1,380 ₹ PEG Ratio 0.47 Debt to equity 0.13
52w Index 74.2 % Qtr Profit Var -89.3 % EPS 55.6 ₹ Industry PE 27.6

📊 Core Financials

  • Revenue Growth: PAT declined sharply (₹90.6 Cr vs ₹387 Cr), showing earnings pressure
  • Profit Margins: EPS ₹55.6, strong profitability despite volatility
  • Debt Ratio: Low leverage (Debt-to-Equity 0.13)
  • Cash Flows: Stable, supported by diversified pharma operations
  • Return Metrics: ROCE 25.8%, ROE 20.3% — excellent efficiency

💹 Valuation Indicators

  • P/E Ratio: 23.2 (below industry PE of 27.6, fairly valued)
  • P/B Ratio: ~3.4 (reasonable valuation)
  • PEG Ratio: 0.47 (growth priced attractively)
  • Intrinsic Value: Current price ₹1,287 is near support (₹1,020), offering favorable entry

🏢 Business Model & Competitive Advantage

  • Global pharmaceutical company with strong presence in generics and APIs
  • Diversified product portfolio across therapeutic areas
  • Low debt enhances financial resilience
  • Dividend yield of 0.62% adds shareholder value

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹1,250–₹1,300 range (near support levels)
  • Long-Term Holding: Attractive due to strong ROE/ROCE and fair valuation
  • Risk: Sharp quarterly PAT decline may limit short-term upside


✅ Positive

  • Strong ROE and ROCE metrics indicate efficient capital use
  • Low debt ensures financial stability
  • DII holdings increased (+2.45%), showing strong domestic investor support

⚠️ Limitation

  • Quarterly PAT dropped significantly (-89.3%)
  • Stock trading close to resistance levels, limiting near-term upside
  • FII holdings decreased (-2.35%), showing reduced foreign investor confidence

📰 Company Negative News

  • PAT dropped from ₹387 Cr to ₹90.6 Cr, showing earnings volatility
  • Decline in FII holdings indicates reduced foreign investor interest

🌟 Company Positive News

  • DII holdings increased (+2.45%), showing strong domestic investor confidence
  • EPS of ₹55.6 supports valuation strength

🏦 Industry

  • Pharmaceutical sector with strong global demand
  • Industry PE at 27.6, DRREDDY trades slightly below this, showing fair valuation
  • Sector growth supported by healthcare demand and exports

🔎 Conclusion

  • DRREDDY is financially strong with excellent ROE/ROCE and low debt
  • Valuation is fair compared to industry peers
  • Entry near ₹1,250–₹1,300 is favorable for long-term investors
  • Best suited for portfolios seeking pharma exposure with moderate risk tolerance

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