| Tap a line for its trend | 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. | ||||
|---|---|---|---|---|---|
| 22.4% | 28.3% | 31.0% | 23.4% | ||
| 19.1% | 24.6% | 26.1% | 19.4% | ||
| 18.7% | 25.5% | 30.6% | 25.0% | ||
Margins | |||||
| 42.9% | 43.8% | 42.4% | 38.7% | ||
| 38.0% | 39.3% | 37.5% | 32.3% | ||
| −12.8% | 54.1% | 55.4% | — | ||
| 41.7% | 42.9% | 39.9% | 33.5% | ||
| 31.1% | 31.9% | 29.9% | 25.1% | ||
| −8.2% | 18.1% | 24.4% | 28.1% | ||
Additional | |||||
| 26.0% | 25.6% | 25.1% | 25.3% | ||
| 7.5% | 7.5% | 7.2% | 5.6% | ||
| 20.8% | 26.2% | 28.7% | 22.1% | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. 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 | |
|---|---|---|---|---|---|
| Returns | |||||
| Return on Common Equity | 23.43 | 30.97 | 28.29 | 22.44 | |
| Return on Assets | 19.43 | 26.08 | 24.61 | 19.12 | |
| Return on Invested Capital | 25.05 | 30.58 | 25.45 | 18.68 | |
| Margins | |||||
| EBITDA Margin | 38.74 | 42.41 | 43.79 | 42.85 | |
| Operating Margin | 32.30 | 37.51 | 39.34 | 37.96 | |
| Incremental Operating Margin | — | 55.37 | 54.10 | -12.75 | |
| Pretax Margin | 33.52 | 39.88 | 42.90 | 41.73 | |
| Net Income Margin | 25.05 | 29.90 | 31.93 | 31.08 | |
| FCF Margin | 28.13 | 24.41 | 18.06 | -8.16 | |
| Additional | |||||
| Effective Tax Rate | 25.26 | 25.05 | 25.64 | 26.00 | |
| Dvd Payout Ratio | 5.56 | 7.21 | 7.51 | 7.52 | |
| Sustainable Growth Rate | 22.13 | 28.74 | 26.16 | 20.75 | |