| 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. | |||||
|---|---|---|---|---|---|---|
| 13.0% | 13.0% | 13.5% | 14.6% | 16.0% | ||
| 11.0% | 11.0% | 11.9% | 12.9% | 14.2% | ||
| 17.3% | 17.3% | 17.5% | 18.8% | 19.4% | ||
| 11.3% | 11.3% | 12.2% | 13.1% | 14.3% | ||
Margins | ||||||
| 7.5% | 7.5% | 7.6% | 8.1% | 8.5% | ||
| 6.0% | 6.0% | 6.1% | 6.6% | 7.0% | ||
| — | 5.6% | 2.9% | 4.7% | — | ||
| 5.8% | 5.9% | 6.2% | 6.8% | 7.1% | ||
| 4.2% | 4.3% | 4.6% | 5.0% | 5.6% | ||
| 4.2% | 4.3% | 4.6% | 5.0% | 5.6% | ||
| −0.9% | −0.9% | −1.6% | 0.0% | 1.0% | ||
Additional | ||||||
| 27.3% | 27.2% | 26.3% | 26.7% | 22.3% | ||
| 13.0% | 13.0% | 13.5% | 14.6% | 16.0% | ||
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 | 15.99 | 14.59 | 13.50 | 12.95 | 12.95 | |
| Return on Assets | 14.17 | 12.91 | 11.90 | 11.03 | 11.03 | |
| Return on Capital Employed | 19.41 | 18.82 | 17.52 | 17.34 | 17.34 | |
| Return on Invested Capital | 14.28 | 13.11 | 12.18 | 11.35 | 11.30 | |
| Margins | ||||||
| EBITDA Margin | 8.49 | 8.08 | 7.56 | 7.54 | 7.50 | |
| Operating Margin | 7.00 | 6.64 | 6.09 | 6.03 | 6.03 | |
| Incremental Operating Margin | — | 4.72 | 2.86 | 5.62 | — | |
| Pretax Margin | 7.14 | 6.82 | 6.19 | 5.93 | 5.78 | |
| Net Income Margin | 5.55 | 4.99 | 4.56 | 4.32 | 4.20 | |
| Net Income to Common Margin | 5.55 | 4.99 | 4.56 | 4.32 | 4.20 | |
| FCF Margin | 0.98 | 0.03 | -1.62 | -0.94 | -0.94 | |
| Additional | ||||||
| Effective Tax Rate | 22.28 | 26.74 | 26.28 | 27.24 | 27.33 | |
| Sustainable Growth Rate | 15.99 | 14.59 | 13.50 | 12.95 | 12.95 | |