Dr.

Reddy’s Lab
 Liquidity Ratios
Ratio Year Year 2009- Industry Average
2008-09 10

Current Ratio 3.25 2.15 1.313

Quick Ratio 2.63 1.61 0.81

 Profitability Ratio
Ratio Year Year 2009- Industry Average
2008-09 10

Gross Profit Margin 0.12 0.81 0.62

Ratio (Gross Profit /
Net Sales)
 Ownership Ratios
Ratio Year 2008-09 Year 2009-10

Earning Ratios

Earnings Per Share 33.32 (Basic par 50.15 (Basic par

(EPS) value `5/Sh.) value `5/Sh)

33.11 (Diluted par 49.18 (Diluted par

value `5/Sh) value `5/Sh)

Price Earning Ratio 25.01 26.71

(Martet Price / EPS)
 Ownership Ratios
Ratio Year 2008- Year 2009-10
09

Dividend Ratio

Dividend Pay-Out Ratio 0.18 0.22

(DPS/EPS)

Dividend Yield 0.05 0.04

(DPS/Market Price)
 Ownership Ratios
Ratio Year Year 2009- Industry Average
2008-09 10

Leverage Ratios
Capital Structure
Ratios
Debt - Equity Ratio 0.97 0.86 0.64

Debt - Asset Ratio 0.39 0.27 0.31

 Ownership Ratios
Ratio Year 2008- Year 2009-10
09

Leverage Ratios
Coverage Ratios
Interest Coverage Ratio 40.43 98.73
(EBIT/Interest Expenses)

Debt Service Coverage Ratio 40.44 97.53

(PAT+Dep.+Other non cash
charges+Interest on long term
loan/Interest + Principle Amt)
 Turnover Ratios
Ratio Year Year Industry Average
2008-09 2009-10

Average Payable 107 110 102

Period

Average Collection 115 87 86

Period

Asset Turnover Ratio 2.49 2.15 2.21

Inventory Turnover 11.47 10.14 12.57

Ratio

Net WC Cycle 127 120 131

Ranbaxy
 Liquidity Ratios
Ratio Year Year 2008- Industry Average
2007-08 09

Current Ratio 0.93 1.35 1.313

Quick Ratio 0.61 0.99 0.81

 Profitability Ratio
Ratio Year Year 2008- Industry Average
2007-08 09

Gross Profit Margin -0.32 0.21 0.62

Ratio
 Ownership Ratios
Ratio Year 2007-08 Year 2008-09

Earning Ratios

Earnings Per Share (EPS) -27.29 (Basic par 13.61 (Basic par
value `5/Sh.) value `5/Sh.)

-27.29 (Diluted 10.74 (Diluted par

par value `5/Sh) value `5/Sh)

Price Earning Ratio -10.81 35.52

(Market Price/EPS)
 Ownership Ratios
Ratio Year Year 2008- Industry Average
2007-08 09

Leverage Ratios
Capital Structure
Ratios
Debt - Equity Ratio 1.10 1.30 0.64

Debt - Asset Ratio 1.96 1.66 0.31

 Ownership Ratios
Ratio Year 2007- Year 2008-09
08

Leverage Ratios
Coverage Ratios
Interest Coverage Ratio -10.10 27.90
(EBIT/Interest Expenses)

Debt Service Coverage Ratio -6.73 31.63

(PAT+Dep.+Other non cash
charges+Interest on long term
loan/Interest + Principle Amt)
 Turnover Ratios
Ratio Year Year Industry Average
2007-08 2008-09

Average Payment 336 90 102

Period (Days)

Average Collection 90.73 94.12 86

Period (Days)

Asset Turnover Ratio 2.48 2.6 2.21

Gross WC Cycle 344 328 301

Net WC Cycle 8 238 131