Dr. Reddy's Laboratories Limited (NSE:DRREDDY)
India flag India · Delayed Price · Currency is INR
1,310.90
+81.40 (6.62%)
Oct 26, 2026, 3:28 PM IST

Dr. Reddy's Laboratories Stock Forecast

Stock Price Forecast

According to 37 analysts polled by S&P Global, Dr. Reddy's Laboratories stock has a consensus rating of "Buy" and an average price target of ₹1,351. The average 1-year stock price forecast is 3.06% higher than the current stock price, while the lowest is ₹1,039 (-20.74%) and the highest is ₹1,730 (+31.97%).

Price Target: ₹1,351 (+3.06%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,039₹1,351₹1,340₹1,730
Change-20.74%+3.06%+2.22%+31.97%

Analyst Ratings

The average analyst rating for Dr. Reddy's Laboratories stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy121211111316
Buy554435
Hold10101111107
Sell668886
Strong Sell666543
Total393940393837

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Hold
Upgrades
₹1,320
HoldUpgrades₹1,320+0.69%Oct 26, 2026
J.P. Morgan
J.P. Morgan
Hold
Upgrades
₹1,100 → ₹1,270
HoldUpgrades₹1,100 → ₹1,270-3.12%Oct 25, 2026
Citi
Citi
Buy
Upgrades
₹1,040 → ₹1,450
BuyUpgrades₹1,040 → ₹1,450+10.61%Sep 29, 2026

Financial Forecast

Revenue This Year
351.06B
from 335.93B
Increased by 4.50%
Revenue Next Year
393.41B
from 351.06B
Increased by 12.06%
EPS This Year
44.49
from 55.39
Decreased by -19.69%
EPS Next Year
59.08
from 44.49
Increased by 32.81%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
214.39B245.88B279.16B325.54B335.93B351.06B
Revenue Growth
13.00%14.69%13.54%16.61%3.19%4.50%
Gross Profit
113.84B139.34B163.61B190.43B177.26B180.64B
Gross Margin
53.10%56.67%58.61%58.50%52.77%51.46%
Operating Income
35.92B53.42B65.31B72.01B49.25B42.36B
Net Income
23.57B45.07B55.68B56.54B42.85B37.13B
EPS
----55.3944.49
EPS Growth
-----20.06%-19.69%
Forward PE
-----29.47
Dividend / Share
6.008.008.008.008.007.48
Dividend Growth
20.00%33.33%----6.48%
Free Cash Flow
----33.43B35.82B
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High364.6B
Avg351.1B
Low340.1B

Revenue Growth

Revenue Growth202720282029
High
8.5%
Avg
4.5%
Low
1.2%

EPS Forecast

EPS202720282029
High57.40
Avg44.49
Low37.30

EPS Growth

EPS Growth202720282029
High
3.6%
Avg
-19.7%
Low
-32.7%