| 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. | |||||
|---|---|---|---|---|---|---|
| 17.4% | 17.4% | 17.1% | 19.9% | 21.5% | ||
| 12.8% | 12.8% | 12.7% | 14.8% | 16.0% | ||
| 18.4% | 18.4% | 18.2% | 21.9% | 24.9% | ||
| 20.4% | 18.9% | 19.9% | 21.3% | 24.1% | ||
Margins | ||||||
| 19.1% | 18.7% | 18.3% | 19.3% | 19.7% | ||
| 15.3% | 15.3% | 15.0% | 16.7% | 17.3% | ||
| — | 18.4% | −22.5% | 6.2% | — | ||
| 18.8% | 18.1% | 17.5% | 18.9% | 19.2% | ||
| 14.1% | 13.6% | 13.2% | 14.3% | 14.2% | ||
| 14.1% | 13.5% | 13.1% | 14.3% | 14.2% | ||
| 13.8% | 13.8% | 13.0% | 7.3% | 7.6% | ||
Additional | ||||||
| 25.0% | 25.0% | 24.6% | 24.5% | 25.5% | ||
| — | 45.2% | 50.7% | 41.8% | 36.8% | ||
| 17.4% | 9.5% | 8.4% | 11.6% | 13.6% | ||
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 | 21.45 | 19.87 | 17.11 | 17.35 | 17.35 | |
| Return on Assets | 15.98 | 14.82 | 12.74 | 12.83 | 12.83 | |
| Return on Capital Employed | 24.92 | 21.91 | 18.20 | 18.35 | 18.35 | |
| Return on Invested Capital | 24.08 | 21.33 | 19.95 | 18.86 | 20.38 | |
| Margins | ||||||
| EBITDA Margin | 19.66 | 19.33 | 18.25 | 18.67 | 19.09 | |
| Operating Margin | 17.29 | 16.70 | 14.96 | 15.25 | 15.25 | |
| Incremental Operating Margin | — | 6.24 | -22.49 | 18.36 | — | |
| Pretax Margin | 19.19 | 18.94 | 17.46 | 18.07 | 18.81 | |
| Net Income Margin | 14.23 | 14.29 | 13.20 | 13.56 | 14.12 | |
| Net Income to Common Margin | 14.24 | 14.28 | 13.11 | 13.53 | 14.08 | |
| FCF Margin | 7.55 | 7.28 | 12.96 | 13.77 | 13.77 | |
| Additional | ||||||
| Effective Tax Rate | 25.50 | 24.45 | 24.58 | 24.96 | 25.04 | |
| Dvd Payout Ratio | 36.75 | 41.81 | 50.70 | 45.16 | — | |
| Sustainable Growth Rate | 13.57 | 11.56 | 8.44 | 9.51 | 17.35 | |