Dr. Reddy's Laboratories is a Pharmaceutical company which is based out of Hyderabad in India founded by Kallam Anji Reddy.
It the third largest pharmaceutical company in the country with a market capitalization of INR 640 billion. It is spread in over 100 countries with main operations in India, Europe, US and Russia.
Its Global Generics i.e. its India business came into existence in 1986 with the brand Norilet and since then the company has been maintaining a good and balanced portfolio of specialty and mass therapies.
The company holds niche strengths in research in the areas of cardiovascular indications, anti-infective and inflammation and metabolic disorders. Dr. Reddy's Lab reaches out to approximately three lakh doctors on a regular basis with its high sales force to ensure optimal inventory through consumption based replenishment system.
Dr. Reddy's Laboratories success can be attributed to its supply chain management, efficient implementation of NPD (New Product Development) and high corporate governance standards.
Dr. Reddy’s Labs always aims to produce high quality and affordable generics to reduce the number of diseases in the country. It has about 6 production facilities in India as well as one manufacturing facility in Mexico.
The company currently operates in more than 20 countries and produce pharmaceutical products in the areas of Gastroenterology, Cardiology, Dermatology and Pediatrics.
Research and Development is one of the main areas and it heavily invests in this area. The investment amounted to 1790 crores. Some of the top API (Active Pharmaceutical Ingredients) are Ibuprofen, Naproxen and Finasteride.
Revenue: 15470.82 Crore INR
Profit: 2001.34 Crore INR
R&D Spent: 1783.42 Crore INR
1) Taken sample of 12 companies on the basis of Market Capitalisation.
2) Selected parameters like Revenue, Net Profit and Research and Development Expenditure of the company.
3) The corresponding weights given are Revenue(50%), Net Profit(30%) and R&D Expenditure(20%).
4) Then in each parameter the highest one is given 1 and rest scores are calculated as a ratio of the highest one.