Dr. Reddy’s Laboratories Ltd ADR
NYSE: RDY · HEALTHCARE · DRUG MANUFACTURERS - SPECIALTY & GENERIC
Updated 2026-06-05
Dr. Reddy’s Laboratories Ltd ADR (RDY) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $86.12B | $85.45B | $83.79B | $80.33B | $95.00B | $119.48B | $1.42T | $170.22B | $194.76B | $207.65B | $219.82B | $225.60B | $225.43B | $3.07B | $3.63B | $292.83B | $321.85B | $387.52B | $492.99B | $567.88B |
| Cash & equivalents | $18.02B | $7.40B | $5.60B | $6.58B | $5.73B | $18.15B | $51.36B | $33.53B | $39.65B | $39.95B | $18.14B | $2.64B | $2.23B | $27.14M | $202.82M | $14.85B | $5.78B | $7.11B | $14.65B | $15.06B |
| Current assets | $37.56B | $34.62B | $39.01B | $42.06B | $47.59B | $69.95B | $857.13B | $103.75B | $119.84B | $119.69B | $100.38B | $109.64B | $114.50B | $1.72B | $2.03B | $181.86B | $204.25B | $248.05B | $250.11B | $296.00B |
| Total liabilities | $44.44B | $38.38B | $41.75B | $37.41B | $49.02B | $62.03B | $692.64B | $79.42B | $83.46B | $79.31B | $95.78B | $99.14B | $85.23B | $1.02B | $1.26B | $102.30B | $90.86B | $106.97B | $155.82B | $194.95B |
| Current liabilities | $18.58B | $19.39B | $26.55B | $29.02B | $41.02B | $43.46B | $536.46B | $54.06B | $63.99B | $64.65B | $85.00B | $69.69B | $59.70B | $962.50M | $1.14B | $94.02B | $85.84B | $96.04B | $130.39B | $164.25B |
| Long-term debt | $414.64M | $321.44M | $199.17M | $119.80M | $118.34M | $320.99M | $231.57M | $345.67M | $15.00 | $9.94B | $4.85B | $24.46B | $21.45B | $0.00 | $6.30B | $5.75B | $0.00 | $3.80B | $3.80B | $12.20B |
| Shareholder equity | $41.68B | $47.07B | $42.05B | $42.91B | $45.99B | $57.44B | $730.85B | $90.80B | $111.30B | $128.34B | $124.04B | $126.46B | $140.20B | $2.05B | $2.37B | $190.53B | $230.99B | $280.55B | $333.39B | $369.60B |
| Retained earnings | $20.14B | $24.03B | $18.30B | $18.04B | $20.39B | $31.60B | $44.81B | $65.05B | $83.64B | $99.55B | $108.22B | $113.86B | $128.65B | $1.91B | $2.13B | $175.71B | $215.59B | $265.26B | $315.79B | $345.02B |
| Accounts receivable | $7.68B | $6.90B | $19.66B | $15.79B | $22.44B | $30.04B | $38.55B | $41.02B | $48.59B | $48.60B | $45.74B | $50.20B | $46.63B | $816.30M | $843.66M | $80.27B | $83.20B | $95.34B | $109.79B | $99.22B |
| Inventory | $7.56B | $11.13B | $13.23B | $13.37B | $16.06B | $19.35B | $216.00B | $23.99B | $25.53B | $25.58B | $28.53B | $29.09B | $33.58B | $463.52M | $621.11M | $50.88B | $48.67B | $63.55B | $71.08B | $75.02B |
| Goodwill | $15.58B | $16.98B | $7.30B | $2.17B | $2.18B | $2.21B | $31.93B | $3.43B | $3.38B | $3.85B | $3.75B | $3.94B | $3.90B | $52.79M | $62.48M | $4.42B | $4.25B | $4.25B | $11.81B | $12.64B |
Frequently asked questions
What is Dr. Reddy’s Laboratories Ltd ADR's revenue?
Dr. Reddy’s Laboratories Ltd ADR's trailing twelve-month revenue is $335.93B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is RDY?
In its most recent fiscal year, RDY ran a gross margin of 52.77%, an operating margin of 13.83%, and a net margin of 12.76%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does RDY generate?
RDY produced $32.10B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is RDY's balance sheet healthy?
RDY holds $15.06B in cash and equivalents against $12.20B in long-term debt, on $369.60B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.