| 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. | |||||
|---|---|---|---|---|---|---|
| 11.8% | 11.8% | 10.0% | 6.9% | 5.3% | ||
| 5.9% | 5.9% | 5.0% | 3.8% | 2.9% | ||
| 17.7% | 17.7% | 17.7% | 14.8% | 13.1% | ||
| 7.6% | 7.8% | 8.7% | 7.1% | 6.6% | ||
Margins | ||||||
| 23.9% | 24.1% | 23.0% | 22.6% | 21.6% | ||
| 21.7% | 21.7% | 20.3% | 19.5% | 18.1% | ||
| — | 24.0% | 21.7% | 25.1% | — | ||
| 18.3% | 17.1% | 14.7% | 11.9% | 9.7% | ||
| 11.1% | 11.9% | 10.0% | 8.4% | 6.3% | ||
| 11.7% | 12.5% | 10.0% | — | 6.3% | ||
| −39.5% | −39.5% | −15.1% | −33.0% | −16.4% | ||
Additional | ||||||
| 39.5% | 30.6% | 31.7% | 29.5% | 35.3% | ||
| — | 7.8% | 2.7% | 1.9% | 2.8% | ||
| 11.8% | 10.8% | 9.7% | 6.8% | 5.2% | ||
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 | 5.34 | 6.90 | 10.02 | 11.76 | 11.76 | |
| Return on Assets | 2.89 | 3.77 | 5.00 | 5.85 | 5.85 | |
| Return on Capital Employed | 13.05 | 14.84 | 17.69 | 17.67 | 17.67 | |
| Return on Invested Capital | 6.65 | 7.14 | 8.66 | 7.76 | 7.62 | |
| Margins | ||||||
| EBITDA Margin | 21.63 | 22.57 | 22.99 | 24.12 | 23.88 | |
| Operating Margin | 18.14 | 19.53 | 20.26 | 21.66 | 21.66 | |
| Incremental Operating Margin | — | 25.08 | 21.69 | 23.95 | — | |
| Pretax Margin | 9.73 | 11.86 | 14.69 | 17.12 | 18.27 | |
| Net Income Margin | 6.30 | 8.37 | 10.03 | 11.87 | 11.06 | |
| Net Income to Common Margin | 6.30 | — | 10.03 | 12.49 | 11.73 | |
| FCF Margin | -16.43 | -33.00 | -15.13 | -39.52 | -39.52 | |
| Additional | ||||||
| Effective Tax Rate | 35.29 | 29.45 | 31.73 | 30.63 | 39.48 | |
| Dvd Payout Ratio | 2.77 | 1.87 | 2.72 | 7.77 | — | |
| Sustainable Growth Rate | 5.19 | 6.77 | 9.75 | 10.85 | 11.76 | |