| 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. | |||||
|---|---|---|---|---|---|---|
| 21.8% | 21.8% | 26.8% | 28.3% | 19.4% | ||
| 15.2% | 15.2% | 16.9% | 19.8% | 20.9% | ||
| 23.6% | 23.6% | 28.4% | 28.6% | 12.9% | ||
| 16.5% | 18.0% | 23.5% | 26.5% | 11.9% | ||
Margins | ||||||
| 28.1% | 29.5% | 31.7% | 31.1% | 22.9% | ||
| 22.4% | 22.4% | 25.2% | 25.7% | 18.2% | ||
| — | 16.3% | 23.6% | 34.5% | — | ||
| 23.5% | 23.0% | 25.6% | 25.8% | 32.2% | ||
| 20.6% | 20.2% | 23.1% | 24.4% | 26.1% | ||
| 20.4% | 20.2% | 23.1% | 24.4% | 26.1% | ||
| 49.7% | 49.7% | 14.6% | 7.0% | −4.0% | ||
Additional | ||||||
| 4.7% | 7.6% | 10.7% | 5.8% | 17.7% | ||
| 21.8% | 21.8% | 26.8% | 28.3% | 19.4% | ||
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 | 19.43 | 28.32 | 26.82 | 21.75 | 21.75 | |
| Return on Assets | 20.85 | 19.79 | 16.93 | 15.24 | 15.24 | |
| Return on Capital Employed | 12.91 | 28.61 | 28.40 | 23.64 | 23.64 | |
| Return on Invested Capital | 11.94 | 26.46 | 23.48 | 18.02 | 16.49 | |
| Margins | ||||||
| EBITDA Margin | 22.85 | 31.07 | 31.72 | 29.47 | 28.14 | |
| Operating Margin | 18.17 | 25.73 | 25.15 | 22.35 | 22.35 | |
| Incremental Operating Margin | — | 34.51 | 23.58 | 16.28 | — | |
| Pretax Margin | 32.24 | 25.83 | 25.60 | 22.99 | 23.53 | |
| Net Income Margin | 26.12 | 24.44 | 23.06 | 20.23 | 20.62 | |
| Net Income to Common Margin | 26.12 | 24.44 | 23.06 | 20.17 | 20.43 | |
| FCF Margin | -3.95 | 6.95 | 14.57 | 49.72 | 49.72 | |
| Additional | ||||||
| Effective Tax Rate | 17.68 | 5.77 | 10.69 | 7.61 | 4.71 | |
| Sustainable Growth Rate | 19.43 | 28.32 | 26.82 | 21.75 | 21.75 | |