| Tap a line for its trend | Last 12Mto Sep 2026 | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
Returns | |||||
|---|---|---|---|---|---|
| 9.4% | 9.4% | 7.4% | 5.0% | 10.5% | |
| 7.9% | 7.9% | 6.3% | 4.4% | 9.5% | |
| 12.3% | 12.3% | 8.9% | 5.5% | 12.7% | |
| 8.2% | 8.1% | 6.1% | 3.1% | 10.4% | |
Margins | |||||
| 31.4% | 31.3% | 28.8% | 22.1% | 28.6% | |
| 25.6% | 25.6% | 23.4% | 15.5% | 25.0% | |
| — | 31.4% | 43.1% | 133.1% | — | |
| 25.2% | 25.1% | 25.4% | 18.3% | 26.8% | |
| 19.2% | 19.8% | 18.9% | 13.8% | 20.0% | |
| — | 18.9% | 18.9% | 13.8% | 20.0% | |
| −20.4% | −20.4% | −20.3% | −44.3% | −62.7% | |
Additional | |||||
| 23.8% | 21.1% | 25.6% | 24.7% | 25.3% | |
| 9.4% | 9.4% | 7.4% | 5.0% | 10.5% | |
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 | 10.48 | 4.99 | 7.39 | 9.38 | 9.38 | |
| Return on Assets | 9.45 | 4.36 | 6.28 | 7.86 | 7.86 | |
| Return on Capital Employed | 12.68 | 5.45 | 8.91 | 12.29 | 12.29 | |
| Return on Invested Capital | 10.39 | 3.13 | 6.06 | 8.11 | 8.24 | |
| Margins | ||||||
| EBITDA Margin | 28.61 | 22.11 | 28.75 | 31.34 | 31.36 | |
| Operating Margin | 25.04 | 15.48 | 23.39 | 25.62 | 25.62 | |
| Incremental Operating Margin | — | 133.11 | 43.06 | 31.44 | — | |
| Pretax Margin | 26.80 | 18.31 | 25.39 | 25.09 | 25.24 | |
| Net Income Margin | 20.03 | 13.79 | 18.89 | 19.80 | 19.23 | |
| Net Income to Common Margin | 20.03 | 13.79 | 18.89 | 18.92 | — | |
| FCF Margin | -62.66 | -44.26 | -20.26 | -20.40 | -20.40 | |
| Additional | ||||||
| Effective Tax Rate | 25.25 | 24.67 | 25.62 | 21.08 | 23.82 | |
| Sustainable Growth Rate | 10.48 | 4.99 | 7.39 | 9.38 | 9.38 | |