| 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. | |||||
|---|---|---|---|---|---|---|
| 8.8% | 8.8% | 10.7% | 9.1% | 11.0% | ||
| 6.2% | 6.2% | 6.7% | 5.8% | 8.3% | ||
| 8.6% | 8.6% | 11.3% | 9.5% | 9.0% | ||
| 7.1% | 6.3% | 7.5% | 8.8% | 8.0% | ||
Margins | ||||||
| 15.0% | 14.1% | 15.4% | 14.1% | 12.3% | ||
| 6.9% | 6.9% | 8.0% | 8.4% | 8.5% | ||
| — | −8.1% | 6.2% | 9.8% | — | ||
| 8.6% | 8.4% | 9.3% | 9.3% | 11.6% | ||
| 6.4% | 6.2% | 6.7% | 7.0% | 8.8% | ||
| 6.4% | 6.2% | 6.7% | 7.0% | 8.7% | ||
| −1.6% | −1.6% | −10.6% | −13.5% | −19.8% | ||
Additional | ||||||
| 26.1% | 26.0% | 28.1% | 25.0% | 24.1% | ||
| 8.8% | 8.8% | 10.7% | 9.1% | 11.0% | ||
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 | 11.02 | 9.13 | 10.70 | 8.81 | 8.81 | |
| Return on Assets | 8.31 | 5.75 | 6.72 | 6.19 | 6.19 | |
| Return on Capital Employed | 9.03 | 9.49 | 11.30 | 8.64 | 8.64 | |
| Return on Invested Capital | 8.00 | 8.81 | 7.48 | 6.35 | 7.08 | |
| Margins | ||||||
| EBITDA Margin | 12.30 | 14.08 | 15.35 | 14.11 | 14.99 | |
| Operating Margin | 8.48 | 8.36 | 8.03 | 6.85 | 6.85 | |
| Incremental Operating Margin | — | 9.82 | 6.17 | -8.07 | — | |
| Pretax Margin | 11.57 | 9.32 | 9.32 | 8.44 | 8.61 | |
| Net Income Margin | 8.78 | 6.99 | 6.70 | 6.24 | 6.36 | |
| Net Income to Common Margin | 8.75 | 6.99 | 6.70 | 6.24 | 6.36 | |
| FCF Margin | -19.84 | -13.49 | -10.58 | -1.57 | -1.57 | |
| Additional | ||||||
| Effective Tax Rate | 24.10 | 25.01 | 28.10 | 26.03 | 26.12 | |
| Sustainable Growth Rate | 11.02 | 9.13 | 10.70 | 8.81 | 8.81 | |