DRREDDYNSEDr. Reddy's Laboratories Limited· PharmaceuticalsHighPositive
Announced Tue, 12 May · 16:52 IST

Dr. Reddy's Laboratories Limited has informed the Exchange that Record date for the purpose of Final Dividend is 10-Jul-2026.

Pat NegativeRevenue DeclineResults View source PDF

DRREDDY · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+2.7%1-day move
₹1267.50
prior close
₹1245.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.5+1.7+2.1+2.7+6.0+5.0+5.2+4.2+3.4+0.1+0.9-2.4
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AI summary

Dr. Reddy's reported FY26 consolidated revenues of ₹335.9 billion, up 3.2% YoY to ₹325.5 billion. However, profit after tax fell 25% to ₹42.9 billion from ₹57.2 billion, with Q4FY26 severely impacted by a one-time Shelf Stock Adjustment of ₹4.5 billion for Lenalidomide, impairments from discontinued CAR-T programs (₹1.35 billion), and impairment of Eftilagimod Alfa (₹0.91 billion), all in the Global Generics segment. Q4 PAT was only ₹2.2 billion vs ₹15.9 billion in Q4FY25. EBITDA margin compressed to 22.8% from 28.3% in FY25. The Board recommended a final dividend of ₹8 per share (record date July 10, 2026), approved a new statutory auditor (Deloitte Haskins & Sells, LLP), appointed two new Independent Directors, and elevated Sandeep Khandelwal to Senior Management. The SEC and DOJ closed their FCPA investigation with no enforcement action.

Likely market impact

The sharp PAT decline and margin compression reflect multiple one-off hits; however, excluding these, underlying business showed resilience in emerging markets and India. The clean audit opinion and resolution of regulatory investigations are positives. Dividend signals continued shareholder returns despite a challenging year.