| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
Returns | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |||||
|---|---|---|---|---|---|---|
| 1.8% | 1.8% | 1.8% | 2.2% | 2.3% | ||
| 1.6% | 1.6% | 1.6% | 2.1% | 2.3% | ||
| 1.6% | 2.1% | 1.5% | 1.8% | 2.3% | ||
Margins | ||||||
| 64.9% | 63.8% | 62.2% | 70.5% | 84.8% | ||
| 62.3% | 62.3% | 61.3% | 67.9% | 81.0% | ||
| — | 86.2% | 35.5% | 35.9% | — | ||
| 63.7% | 62.3% | 61.6% | 67.9% | 81.0% | ||
| 47.8% | 46.7% | 46.7% | 50.8% | 60.8% | ||
| 1.1% | 1.1% | 26.2% | 3.3% | 0.6% | ||
Additional | ||||||
| 25.0% | 25.1% | 24.1% | 25.2% | 24.9% | ||
| 1.8% | 1.8% | 1.8% | 2.2% | 2.3% | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
Ratios — % unless marked × 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Last 12M 30/09/2026 | |
|---|---|---|---|---|---|---|
| Returns | ||||||
| Return on Common Equity | 2.31 | 2.19 | 1.75 | 1.78 | 1.78 | |
| Return on Assets | 2.26 | 2.10 | 1.62 | 1.64 | 1.64 | |
| Return on Invested Capital | 2.33 | 1.83 | 1.49 | 2.09 | 1.61 | |
| Margins | ||||||
| EBITDA Margin | 84.75 | 70.49 | 62.23 | 63.81 | 64.90 | |
| Operating Margin | 80.97 | 67.88 | 61.26 | 62.31 | 62.31 | |
| Incremental Operating Margin | — | 35.91 | 35.51 | 86.22 | — | |
| Pretax Margin | 81.02 | 67.91 | 61.58 | 62.31 | 63.67 | |
| Net Income Margin | 60.82 | 50.82 | 46.73 | 46.68 | 47.76 | |
| FCF Margin | 0.57 | 3.30 | 26.18 | 1.07 | 1.07 | |
| Additional | ||||||
| Effective Tax Rate | 24.93 | 25.17 | 24.11 | 25.09 | 25.00 | |
| Sustainable Growth Rate | 2.31 | 2.19 | 1.75 | 1.78 | 1.78 | |