| 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. | |||||
|---|---|---|---|---|---|---|
| 6.7% | 6.7% | 10.1% | 6.8% | 4.8% | ||
| 5.9% | 5.9% | 8.6% | 5.6% | 4.0% | ||
| 5.4% | 5.4% | 11.6% | 6.9% | 4.6% | ||
| 6.3% | 8.0% | 12.0% | 7.2% | 3.6% | ||
Margins | ||||||
| 26.4% | 27.3% | 34.9% | 24.7% | 24.8% | ||
| 23.8% | 23.8% | 32.5% | 21.4% | 19.5% | ||
| — | 50.7% | 62.2% | 24.4% | — | ||
| 37.0% | 41.3% | 40.8% | 24.7% | 28.6% | ||
| 26.0% | 29.2% | 27.6% | 20.4% | 20.1% | ||
| 25.1% | 28.2% | 26.4% | 19.7% | 19.3% | ||
| 15.1% | 15.1% | 48.3% | 42.0% | −21.4% | ||
Additional | ||||||
| 32.6% | 32.1% | 34.2% | 20.9% | 34.0% | ||
| — | 5.3% | 3.8% | 7.1% | 11.6% | ||
| 6.7% | 6.4% | 9.7% | 6.4% | 4.2% | ||
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 | 4.75 | 6.84 | 10.08 | 6.71 | 6.71 | |
| Return on Assets | 3.97 | 5.63 | 8.59 | 5.90 | 5.90 | |
| Return on Capital Employed | 4.57 | 6.86 | 11.63 | 5.40 | 5.40 | |
| Return on Invested Capital | 3.58 | 7.17 | 11.97 | 8.00 | 6.30 | |
| Margins | ||||||
| EBITDA Margin | 24.77 | 24.71 | 34.93 | 27.34 | 26.35 | |
| Operating Margin | 19.52 | 21.35 | 32.50 | 23.79 | 23.79 | |
| Incremental Operating Margin | — | 24.43 | 62.20 | 50.69 | — | |
| Pretax Margin | 28.59 | 24.73 | 40.82 | 41.30 | 36.98 | |
| Net Income Margin | 20.06 | 20.43 | 27.60 | 29.20 | 26.00 | |
| Net Income to Common Margin | 19.27 | 19.65 | 26.36 | 28.17 | 25.05 | |
| FCF Margin | -21.40 | 42.03 | 48.27 | 15.05 | 15.05 | |
| Additional | ||||||
| Effective Tax Rate | 33.98 | 20.92 | 34.19 | 32.05 | 32.61 | |
| Dvd Payout Ratio | 11.57 | 7.11 | 3.83 | 5.35 | — | |
| Sustainable Growth Rate | 4.20 | 6.35 | 9.69 | 6.35 | 6.71 | |