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RDY vs. WAT: Dr. Reddy's Laboratories vs. Waters Stock Comparison

How do Dr. Reddy's Laboratories (RDY) and Waters (WAT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Dr. Reddy's Laboratories (RDY) and Waters (WAT) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but RDY is classified in Pharmaceuticals while WAT is classified in Life Sciences Tools & Services.

Waters (WAT) trades as ordinary local shares, while Dr. Reddy's Laboratories (RDY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
Profile ItemRDYWAT
NameDr. Reddy's Laboratories Ltd. ADRWaters Corporation
Country/RegionIndiaUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupPharmaceuticals, Biotechnology & Life SciencesPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryPharmaceuticalsLife Sciences Tools & Services
GICS Sub-IndustryPharmaceuticalsLife Sciences Tools & Services
Market Capitalization12.43 billion USD44.93 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateApril 11, 2001November 17, 1995
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

RDY
WAT
GSPC
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Dr. Reddy's Laboratories (RDY) and Waters (WAT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Dr. Reddy's Laboratories (RDY) and Waters (WAT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
Total Return (1Y)12.49%27.70%
Total Return (3Y, Annualized)5.76%23.32%
Total Return (5Y, Annualized)4.06%6.27%

Risk Profile

Drawdown History

RDY
WAT
GSPC
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Dr. Reddy's Laboratories (RDY) and Waters (WAT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
Volatility (1Y, Annualized)27.06%35.45%
Beta (5Y)0.301.13
Max Drawdown (5Y)-32.01%-36.47%
Avg. Volume (3M)2.89M816.72K

Risk-Adjusted Performance

Risk-Return Positioning

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RDY and WAT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
Sharpe Ratio (1Y)0.300.66
Sortino Ratio (1Y)0.430.98

Profitability

ROE (TTM)

Dr. Reddy's Laboratories (RDY) at 7.34% sits in the top ROE quartile, while Waters (WAT) at 1.12% is closer to the peer norm — stronger capital efficiency for RDY.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

7.34%

Max
109.18%
RDY
7.34%
Q3
6.23%
Median
-26.66%
Q1
-64.05%
Min
-167.77%

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

1.12%

Max
109.18%
Q3
6.23%
WAT
1.12%
Median
-26.66%
Q1
-64.05%
Min
-167.77%
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their ROE against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Net Margin (TTM)

Dr. Reddy's Laboratories (RDY) at 8.49% retains a top-quartile share of revenue as profit, ahead of Waters (WAT) at 1.76%, which keeps about the industry-typical share.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

8.49%

Max
18.05%
RDY
8.49%
Q3
4.78%
Median
0.00%
Q1
-4.14%
Min
-17.05%

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

1.76%

Max
18.05%
Q3
4.78%
WAT
1.76%
Median
0.00%
Q1
-4.14%
Min
-17.05%
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their net margin against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Operating Margin (TTM)

Both Dr. Reddy's Laboratories (RDY) at 14.73% and Waters (WAT) at 11.38% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

14.73%

Max
83.12%
Q3
14.77%
RDY
14.73%
Median
0.00%
Q1
-78.82%
Min
-207.40%

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

11.38%

Max
83.12%
Q3
14.77%
WAT
11.38%
Median
0.00%
Q1
-78.82%
Min
-207.40%
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their operating margin against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Profitability Metrics

Profitability metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
ROE (TTM)7.34%1.12%
ROA (TTM)3.37%2.36%
Net Margin (TTM)8.49%1.76%
Operating Margin (TTM)14.73%11.38%
Gross Margin (TTM)49.49%49.83%

Growth

Revenue Growth

Both Dr. Reddy's Laboratories (RDY) at 3.19% and Waters (WAT) at 6.99% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Dr. Reddy's Laboratories (RDY) at -24.14% and Waters (WAT) at 0.47% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
Revenue Growth (YoY)3.19%6.99%
Revenue Growth (3Y CAGR)10.96%2.12%
EPS Growth (YoY)-24.14%0.47%
EPS Growth (3Y CAGR)-1.72%-2.84%

Financial Strength

Current Ratio (MRQ)

Short-term liquidity can only be read on one side of this pairing: Dr. Reddy's Laboratories (RDY) shows current ratio of 1.93 against its industry benchmark, while Waters (WAT) has no reading this period.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

1.93

Max
25.13
Q3
12.13
Median
5.52
Q1
2.47
RDY
1.93
Min
0.10

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

--

Max
25.13
Q3
12.13
Median
5.52
Q1
2.47
Min
0.10
WAT
--
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): WAT does not report current ratio, so it has no value marker; RDY is benchmarked against the Pharmaceuticals, Biotechnology & Life Sciences industry group.

Debt / Equity (MRQ)

Both Dr. Reddy's Laboratories (RDY) at 0.19 and Waters (WAT) at 0.34 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

0.19

Max
1.42
Q3
0.65
RDY
0.19
Median
0.15
Q1
0.02
Min
0.00

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

0.34

Max
1.42
Q3
0.65
WAT
0.34
Median
0.15
Q1
0.02
Min
0.00
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their debt-to-equity ratio against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
Current Ratio (MRQ)1.93--
Debt / Equity (MRQ)0.190.34
Net Debt / EBITDA-0.083.23

Dividends

Dividend Yield (TTM)

Waters (WAT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dr. Reddy's Laboratories (RDY) reports a yield of 55.06%, ranking against industry peers normally.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

55.06%

RDY
55.06%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

0.00%

WAT
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their dividend yield against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Dividend Payout Ratio (TTM)

Waters (WAT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Dr. Reddy's Laboratories (RDY) reports a payout of 22.72%, ranking against industry peers normally.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

22.72%

RDY
22.72%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

0.00%

WAT
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their payout ratio against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Dividend Metrics

Dividend metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
Dividend Yield (TTM)55.06%0.00%
Dividend Payout Ratio (TTM)22.72%0.00%

Valuation

P/E Ratio (TTM)

Dr. Reddy's Laboratories (RDY) at 41.42 is near its industry’s usual P/E ratio, while Waters (WAT) at 191.46 sits above its peer range — an unusually expensive price for WAT’s trailing earnings.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

41.42

Max
85.34
Q3
43.46
RDY
41.42
Median
26.69
Q1
13.30
Min
0.07

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

191.46

WAT
191.46
Max
85.34
Q3
43.46
Median
26.69
Q1
13.30
Min
0.07
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their P/E ratio against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

P/S Ratio (TTM)

Dr. Reddy's Laboratories (RDY) at 0.04 sits in the cheaper P/S ratio quartile while Waters (WAT) at 8.01 prices around its industry’s middle — RDY costs less per dollar of sales, though read it alongside growth and margins.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

0.04

Max
58.18
Q3
25.77
Median
7.30
Q1
3.01
RDY
0.04
Min
0.01

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

8.01

Max
58.18
Q3
25.77
WAT
8.01
Median
7.30
Q1
3.01
Min
0.01
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their P/S ratio against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

P/B Ratio (MRQ)

Waters (WAT) at 2.94 sits near its industry’s typical P/B ratio, while Dr. Reddy's Laboratories (RDY) at 18.16 prices above its benchmark range — RDY looks rich relative to book.

RDY

Pharmaceuticals, Biotechnology & Life Sciences industry group

18.16

RDY
18.16
Max
13.53
Q3
6.54
Median
3.25
Q1
1.69
Min
-5.59

WAT

Pharmaceuticals, Biotechnology & Life Sciences industry group

2.94

Max
13.53
Q3
6.54
Median
3.25
WAT
2.94
Q1
1.69
Min
-5.59
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Dr. Reddy's Laboratories (RDY) vs. Waters (WAT): A comparison of their P/B ratio against the Pharmaceuticals, Biotechnology & Life Sciences industry group benchmark.

Valuation Metrics

Valuation metrics for Dr. Reddy's Laboratories (RDY) and Waters (WAT)
MetricRDYWAT
P/E Ratio (TTM)41.42191.46
P/S Ratio (TTM)0.048.01
P/B Ratio (MRQ)18.162.94
Free Cash Flow Yield (TTM)-53.03%--