Dr Reddy S Laboratories Limited's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Dr Reddy S Laboratories Limited (RDY) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Dr Reddy S Laboratories Limited vs Its Competitors
- TTM: Trailing 12-month revenue of 3,580M vs 164,916M combined for tracked competitors (2.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs decelerating (-5.9%) for its tracked peer group.
- Growth: Dr Reddy S Laboratories Limited generated -6.1% revenue growth year over year in Q4 2026, vs 7.5% for its tracked competitors combined.
- Profitability: Its 12.6% net margin compares with 9.3% for the peer group.
- Scale: Dr Reddy S Laboratories Limited ranks #37 of 544 companies by market capitalization in the Major Pharmaceutical Preparations industry, holding 0.2% of industry market cap.
- Peer revenue share: Dr Reddy S Laboratories Limited accounted for 8.4% of combined revenue among its tracked peer group, down from 9.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.16M compares with $0.83M for the peer group (0.2x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
RDY Sales vs. its Competitors, Q4 2026
Dr Reddy S Laboratories Limited reported revenue contraction of 6.06 % year on year in Q4 2026, below its competitors' combined revenue growth of 7.48 %.
With a net margin of 12.63 %, Dr Reddy S Laboratories Limited achieved higher profitability than its competitors (9.34 %).
Dr Reddy S Laboratories Limited generated 8.44 % of the combined sales of its peer group, down from 9.55 % a year earlier.
Dr Reddy S Laboratories Limited vs. its Competitors, Q4 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Dr Reddy S Laboratories Limited and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Dr Reddy s Laboratories Limited | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (3) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Dr Reddy S Laboratories Limited's competitor groups requires a Commercial License.
For context: the Major Pharmaceutical Preparations industry grew revenue 7.2% year over year, combined, vs -6.1% for Dr Reddy S Laboratories Limited. Dr Reddy S Laboratories Limited's share of combined industry revenue moved from 0.53% to 0.47%, a loss of 0.07 percentage points.
Dr Reddy S Laboratories Limited's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Dr Reddy s Laboratories Limited | Yes | No | No | Yes |
| Competitors combined (9) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 50.00 % (4 of 8) | 0.00 % (0 of 8) | 14.30 % (1 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
RDY Stock Performance relative to its Competitors
RDY Stock Performance relative to Similar-Size Competitors
RDY Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Teva Pharmaceutical Industries Limited | 282.9% | Outperformed |
| 2 | Amneal Pharmaceuticals Inc | 282.9% | Outperformed |
| 3 | Viatris Inc | 282.9% | Outperformed |
| 4 | Pfizer Inc | 282.9% | Outperformed |
| 5 | Abbvie Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Dr Reddy S Laboratories Limited's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Dr Reddy s Laboratories Limited
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Dr Reddy s Laboratories Limited | 10,701.02 | 3,580.00 |
| Abbvie Inc | 473,290.90 | 64,386.00 |
| Novartis Ag | 284,237.45 | 56,674.00 |
| Pfizer Inc | 163,652.48 | 63,696.00 |
| Teva Pharmaceutical Industries Limited | 45,598.10 | 14,105.00 |
| Viatris Inc | 21,393.09 | 14,737.30 |
| SUBTOTAL | 1,008,957.23 | 243,028.52 |
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Sources: Dr Reddy s Laboratories Limited's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Dr Reddy s Laboratories Limited versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Dr Reddy S Laboratories Limited's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Pfizer Inc | U.S. Commercial Division 52.92 % |
| Teva Pharmaceutical Industries Limited | United States Segment 41.09 % |
| Viatris Inc | Developed Markets 57.61 % |
| Amneal Pharmaceuticals Inc | Affordable Medicines 58.61 % |
| Perrigo Company Plc | Self Care 56.10 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Dr Reddy S Laboratories Limited's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Dr Reddy s Laboratories Limited | 10,701 | 162,727 | 20,545 |
| Abbvie Inc | 473,291 | 1,129,579 | 110,807 |
| Novartis Ag | 284,237 | 752,973 | 185,566 |
| Pfizer Inc | 163,652 | 849,280 | 58,267 |
| Teva Pharmaceutical Industries Limited | 45,598 | 415,464 | 20,884 |
| Viatris Inc | 21,393 | 491,243 | -13,690 |
| PEERS TOTAL | 998,256 | 825,659 | 68,449 |
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Dr Reddy S Laboratories Limited's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Pfizer Inc | United States 58.91 % |
| Teva Pharmaceutical Industries Limited | Europe 30.49 % |
| Perrigo Company Plc | United States 57.24 % |
| Amphastar Pharmaceuticals Inc | US 92.91 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Dr Reddy S Laboratories Limited's Position in Industry Market Structure
Market-capitalization share and concentration across all 498 companies in Dr Reddy S Laboratories Limited's industry classification, broader than the peer set above. Market cap in millions of $.Dr Reddy S Laboratories Limited ranks #37 of 498 companies by market capitalization in its industry, holding 0.19 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 823, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Eli Lilly And Company | 1,058,838 | 19.26 % |
| 2 | Johnson and Johnson | 663,585 | 12.07 % |
| 3 | Beone Medicines Ltd | 552,468 | 10.05 % |
| 4 | Abbvie Inc | 471,582 | 8.58 % |
| 5 | Merck and Co Inc | 1,234 | 5.2% |
| 6 | Novartis Ag | 1,234 | 5.2% |
| 7 | Abbott Laboratories | 1,234 | 5.2% |
| 8 | Novo Nordisk A | 1,234 | 5.2% |
| 9 | Pfizer Inc | 1,234 | 5.2% |
| 10 | Vertex Pharmaceuticals Inc | 1,234 | 5.2% |
| 37 | Dr Reddy s Laboratories Limited | 10,414 | 0.19 % |
Market cap and industry share for the rest of Dr Reddy S Laboratories Limited's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Dr Reddy S Laboratories Limited's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 32 | Bridgebio Pharma Inc | 13,041 | 32.85 % |
| 33 | Hutchmed china Limited | 12,334 | -10.64 % |
| 34 | Summit Therapeutics Inc | 12,046 | -24.16 % |
| 35 | Biomarin Pharmaceutical Inc | 11,563 | 12.98 % |
| 36 | Elanco Animal Health Incorporated | 1,234 | 12.3% |
| 37 | Dr Reddy s Laboratories Limited | 10,414 | -11.09 % |
| 38 | Protagonist Therapeutics inc | 1,234 | 12.3% |
| 39 | Axsome Therapeutics Inc | 1,234 | 12.3% |
| 40 | Arrowhead Pharmaceuticals Inc | 1,234 | 12.3% |
| 41 | Tg Therapeutics Inc | 1,234 | 12.3% |
| 42 | Cytokinetics Incorporated | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Dr Reddy S Laboratories Limited's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Dr Reddy S Laboratories Limited's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Major Pharmaceutical Preparations industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (341 companies). See the full Major Pharmaceutical Preparations industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 52.77 % | 64.89 % (avg) | -12.1 pp |
| Operating Margin | 15.06 % | industry median | +52.1 pp |
| EBITDA Margin | 16.31 % | -7.21 % (avg) | +23.5 pp |
| Capital Intensity (Capex / Revenue) | 6.96 % | 4.92 % (avg) | +2.0 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Dr Reddy S Laboratories Limited's Valuation vs Competitive Position
Valuation multiples vs the Major Pharmaceutical Preparations industry average (341 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Major Pharmaceutical Preparations industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 25.1x | - |
| EV / EBITDA | 20.0x | 17.3x | +2.7x |
| P/B | 2.9x | 4.5x | -1.6x |
| Return on Equity | 11.15 % | industry aggregate | -5.75 % |
| Return on Invested Capital | 6.38 % | -2.95 % (avg) | 9.33 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Dr Reddy S Laboratories Limited's Strategic Group Map
Every company in Dr Reddy S Laboratories Limited's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Dr Reddy S Laboratories Limited is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Dr Reddy S Laboratories Limited's BCG Growth-Share Matrix
Relative market share (vs Dr Reddy S Laboratories Limited's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Dr Reddy S Laboratories Limited falls in the Dog quadrant: relative market share of 0.01x vs its largest competitor, in an industry growing revenue 8.0% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Dr Reddy S Laboratories Limited's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 823 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 6.96 % vs industry average 4.92 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Dr Reddy S Laboratories Limited's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Dr Reddy S Laboratories Limited's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Dr Reddy S Laboratories Limited's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Dr Reddy S Laboratories Limited falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Dr Reddy S Laboratories Limited's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 52.1 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
Weaknesses
- Return on equity 5.8 points below the industry aggregate.
- Underperforming the U.S.A. 500 over the trailing 12 months.
- Low relative market share vs the industry leader (0.01x).
- Piotroski F-Score of 2 or below, the standard financial-distress signal.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-5.9% annualized).
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Dr Reddy S Laboratories Limited's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Dr Reddy s Laboratories Limited | 0.09 | 1.80 | 0.06 |
| Abbvie Inc | 0.16 | 0.75 | - |
| Novartis Ag | 0.42 | 1.12 | 0.02 |
| Pfizer Inc | 0.04 | 1.24 | 0.71 |
| Teva Pharmaceutical Industries Limited | 0.24 | 1.00 | 2.15 |
| Viatris Inc | 0.18 | 1.47 | 0.96 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Dr Reddy S Laboratories Limited's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Dr Reddy s Laboratories Limited | Q1 2026 | -6.1 % | -32.6 % |
| Abbvie Inc | Q2 2026 | +10.2 % | +284.3 % |
| Novartis Ag | Q4 2025 | +9.6 % | +17.0 % |
| Pfizer Inc | Q2 2026 | +2.6 % | - |
| Teva Pharmaceutical Industries Limited | Q2 2026 | -0.8 % | - |
| Viatris Inc | Q2 2026 | +4.9 % | - |
| PEERS TOTAL | +1.4 % | +68.2 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Dr Reddy S Laboratories Limited's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Dr Reddy s Laboratories Limited | Q1 2026 | +7.0 % | -22.7 % |
| Abbvie Inc | Q2 2026 | -1.3 % | +19.7 % |
| Novartis Ag | Q4 2025 | +18.3 % | +13.3 % |
| Pfizer Inc | Q2 2026 | +8.3 % | -13.8 % |
| Teva Pharmaceutical Industries Limited | Q2 2026 | -4.1 % | - |
| Viatris Inc | Q2 2026 | +2.3 % | -0.2 % |
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Dr Reddy S Laboratories Limited's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Dr Reddy s Laboratories Limited | 7.32% | 10.30% | 11.15% |
| Abbvie Inc | 4.68% | 9.11% | - |
| Novartis Ag | 12.59% | 12.62% | 30.00% |
| Pfizer Inc | 2.12% | 2.53% | 4.91% |
| Teva Pharmaceutical Industries Limited | 1.77% | 2.66% | 9.11% |
| Viatris Inc | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Dr Reddy S Laboratories Limited's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Dr Reddy s Laboratories Limited | 3.21 | 2.99 |
| Abbvie Inc | 75.49 | 7.35 |
| Novartis Ag | 20.33 | 5.02 |
| Pfizer Inc | 37.65 | 2.57 |
| Teva Pharmaceutical Industries Limited | 64.31 | 3.23 |
| Viatris Inc | - | 1.45 |
| PEERS AVERAGE | 49.70 | 4.15 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.